The Experimental Research On The Relation Between Assets Structure And Performance

Capital structure and assets structure are two sides of the problem of fund, and they comprised the Balance sheet. Capital structure which has a tight relation with a company's performance is the fundament of a company's operation. However, compared to capital structure, assets structure promotes the performance in a more straight way. At present, the performance of listed companies is not very promise, so it's important to research the relation between assets structure and performance.The article begins with the characters of assets structure and performance of listed companies. Through the characters I analyze the relationship between assets structure and performance, also adopt experimental methods to attest this relationship. To be specific, I select 400 companies from Shenzhen Stock Exchange and Shanghai Stock Exchange which haven't been ST for three years(03\04\05), and take their financial statements of the three years which have already been audited as the valid sample, the apply experimental methods to analyze the relationship between assets structure and the performance of companies. Through the analysis mentioned above to reveal that the reasonable distribution of assets is of great importance to the performance of a company. A good assets structure promote the improvement of performance, which further perfect the assets structure in turn, this is a beneficent circulation. So it is safe to conclude that keeping a reasonable assets structure is not only the main access to enhance the performance of a company, but also the critical factor of keeping sustainable development.