战略视角下钢铁企业财务质量分析——以华菱钢铁为例  

Evaluation of Financial Quality of Iron and Steel Enterprises Based on Strategic Perspective——A Case Study of Valin Steel

作　　者：袁祉琪 Yuan Zhiqi(Hunan University of Technology,Zhuzhou Hunan 412007,China)

机构地区：[1]湖南工业大学经济与管理学院,湖南株洲412007

出　　处：《现代工业经济和信息化》2024年第10期217-221,共5页Modern Industrial Economy and Informationization

摘　　要：当前国际形势复杂多变、外部环境的严峻性和不确定性上升,我国钢铁行业企业经营所面临的挑战亦随之加大,分析钢铁企业的财务质量对其可持续发展具有重要意义。选取华菱钢铁集团作为案例研究对象,基于其发展战略和财务报表数据从企业战略、资产质量与竞争力、权益与风险、盈利与战略实施效果、现金流与战略支撑力等五个方面进行分析。结果发现,华菱钢铁集团以经营性资产为主,资产具备良好的保值性和盈利性。企业经营活动主要依靠经营性负债资本,其次是股东投入资本和留存收益资本,在其资本结构得到改善之后,企业的财务风险降低且扩张能力增强。同时,企业具备稳定的利润和现金流,且表现出良好的战略实施效果和支撑力。但其经营过程中尚存在不足之处,为此建议华菱钢铁集团在未来发展中应当从控制材料成本、优化工艺技术和调整投资组合等途径提高产品竞争力和市场地位。At present,the international situation is complicated and changeable,and the severity and uncertainty of the external environment are rising.The challenges faced by enterprises in China's steel industry in their operations have increased.Therefore,it is important to analyze the financial quality of iron and steel enterprises for their sustainable development.This paper selects Valin Steel as a case study object,and analyzes the five aspects of corporate strategy,asset quality and competitiveness,equity and risk,profitability and strategy implementation effect,cash flow and strategy support.The results found that Valin Steel is dominated by operating assets,which have good value retention and profitability.The enterprise's business activities mainly rely on operating debt capital,followed by shareholders'capital and retained earnings capital,after improving its capital structure,the enterprise's financial risk is reduced and its expansion ability is enhanced.At the same time,the enterprise has stable profits and cash flow,and shows good strategy implementation effect and support.However,there are still deficiencies in its operation process.Therefore,this paper suggests that Valin Steel should improve its product competitiveness and market position by controlling material costs,optimizing process technology and adjusting investment portfolios in its future development.

关 键 词：华菱钢铁集团 战略分析 财务质量分析 

分 类 号：F426.31[经济管理—产业经济]