中国重工市场化债转股案例研究  

Case Study of Market-Oriented Debt-to-Equity Swap of China Shipbuilding Industry

作　　者：张汝根[1] 张倩[1] ZHANG Rugen;ZHANG Qian

机构地区：[1]黑龙江科技大学,黑龙江哈尔滨150022

出　　处：《商业经济》2019年第3期151-153,共3页Business & Economy

基　　金：黑龙江科技大学2018年研究生创新科研资金项目:中国重工市场化债转股案例研究(YJSCX2018-205HKD)

摘　　要：以中国船舶重工集团股份有限公司为案例,基于船舶行业发展状况和中国重工的经营情况,结合市场化债转股的方案,对中国重工市场化债转股前后的财务指标进行分析,发现债转股后资产负债率由行业的低水平转为平均水平,其他指标也有明显提升。整体而言,市场化债转股对中国重工的财务绩效有了明显的提升,由此证明市场化债转股是有利于促进企业稳健发展的。Taking China Shipbuilding Industry Co., Ltd. as an example, based on the development of the shipbuilding industry and the operation of the company, combined with the scheme of market-oriented debt-to-equity swap, the financial indicators before and after the debt-to-equity swap of the company are analyzed. It is found that the asset-liability ratio after the debt-to-equity swap has changed from the low level to the average level of the industry, and other indicators have also been significantly promoted. market-oriented debt-to-equity swap has significantly improved the financial performance of China Shipbuilding Industry, which proves that market-oriented debt-to-equity swap is conducive to promoting the steady development of enterprises.

关 键 词：市场化债转股 财务绩效 资产负债率 

分 类 号：F830.9[经济管理—金融学]