The Study On Financial Index System Based On Cash Flow

Along with the establishment and perfection of socialistic market economy .market system has been ever increasingly perfect; More and more listed enterprise are appearing, invest risk has become more bigger than ever before. In order to master the listed enterprises 'condition of performance and finance exactly in time, the investor should to take good use of the information which the listed enterprise gave. Thus, it seems to be especially important to build and perfect the financial index system.Chapter one ,we reviewing some document about financial index system. Chapter two, to prepare some theory for further chapter, we used some financial analysis theory. Chapter three ,by reviewing traditional financial index system's history, we found there are three problems existing in traditional financial index system's history. First ,cash flow index wasn't be regarded, and didn't be concluded . Second, because there are many index, information will be overlapped. There, weight always be given by man' subjective thought. To resolve them, chapter four, we advise to put some cash flow index to the traditional financial index system. so a new financial index system are constructed. To some degree, consistent to the traditional financial index system, some cash flow index is divided into analysis of profiting ability, debt-repaying ability, operating ability and grows ability. Using principal to solve the problem of subjective weight and overlapped information. Chapter five, By analyses the "Ge Li Dian Qi", we can draw a conclusion: the information based on the new financial index system is more possible to be true and reliable than the traditional financial index system.