Report Of Integrated Efficiency Appraisal Of Anyang Iron & Steel Co. Ltd

Iron & steel industry of our country developed swiftly and violently in the past few years,but because of our country is in the stage of incomplete mature market economy, many ironand steel enterprises are reorganized from past state-owned enterprises, the industrialstructures of these enterprises are not rational enough, so the condition of high investment &low efficiency is common in the process of their development. Iron & steel enterprises need toparticipate in international competition after joining WTO, poor efficiency is bound to reducethe market competitive ability of these enterprises & affect their existence and development.Therefore, there is need to diagnose problem of iron & steel enterprises of our country in theprocess of their development, analyze causes of the problem, put forward the rational strategyand tactics that enterprises develop.Anyang IRON & STEEL CO. LTD has achieved considerable performance on managementand development. But there still exists a lot of problem in product structure, mechanism ofproperty right & management. This report set Anyang steel stock company as an example andcarries through integrated efficiency appraisal and diagnostic analysis to management anddevelopment of steel& iron enterprise. The report analyzed overall developing trend of theindustry and put forward future's developing strategy for the company firstly; analyzeddynamic efficiency status beginning from the year 2001 to 2005 of the company & putforward the improving direction of raising its efficiency and strategy secondly; and then byusing various analysis methods, analyzed financial report forms beginning from the year 2001to 2005 of the company, the framework of organization & product structure, found out theproblem existing in the progress of the company's management & analyzed causes of theproblem. Through systematic analysis, made the diagnostic conclusion out, put forward theefficient scheme and personal opinion for improving long term healthy development ofAnyang IRON & STEEL CO. LTD. The masterstroke of research is encircling thecombination of DEA and factor analysis, integrated efficiency, technologic efficiency, routinefinancial analyzing method etc for spreading, and handles these methods to confirm and inspect each other toward result of diagnose. The paper summarizes the conclusion ofdiagnose by above analysis and puts forward effective scheme and personal opinion forpromoting the healthy development of Anyang IRON & STEEL CO. LTD.