Chinese Motorcycle Industry Listed Companies In Transition Financing Strategy

Capital refinancing of stock share companies in our country is always a hot topic in capital market, so the study of capital financing of stock share company is significant theoretically and realistically in pushing the standardization of financing policy of stock share companies and accelerating the further discussion on capital structure. This article applies industrial lifecycle theory and many sorts of financial indicators analysis to provide solutions and feasible program for making financing policy, by taking motorbike industry as research objective, industrial lifecycle theory and industrial financing preference as instruction, financial analysis reports as basis, combining the characteristics of motorbike enterprises in their transformation period.Firstly, this article describes the business situation of China motorbike as well as basic introduction of stock share companies and shows the statistics of financing characteristics. After IPO, they will normally take right offerings& Seasoned Equity Offering as financing modes.Secondly, it summarizes lifecycle theory of enterprises and based on motorbike industry development, puts out the lifecycle stage where motorbike business stands in our country. Judged from lifecycle, the whole motorbike industry is in the period of maturity and wane. So the whole industry, including stock share companies will keep adapting initiative policy of adjustment.Thirdly, this article deeply analyses the refinancing policy preference of stock share companies and puts forward the ways of choosing financing policy for motorbike industry in transformation period in our country. At present, stock share companies of motorbike industry always get in debt, mostly short term debt, so long term debt financing should be taken into key account. Through assets purchase to realize going to stock share market completely. For those stock share companies with poor assets, introduce into consecutive profitable assets to help stock share companies escaping from morass situation. Stock share companies of motorbike industry have share control branches and stock share companies concerning different business. Most of those stock share companies have nothing to with motorbike industry and should be limited on scale. Some share braches and stock share companies with nothing to do with motorbike industry, less helpful to the company and without competition ability should be covered with share transfer. It will improve a lot in cash flow of the company through the financing.At last, this article lists analysis and advice of financing policy adopted by Sundiro A, China Jialin and Zongshen Dongli after financial analysis to them.Financing policy issue of stock share companies in transformation period of China motorbike industry is very typical. The conclusion drawn through which can provide references for other companies for their financing policy in transformation period.