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Highway Operation Business Scope Of Comparative Studies, And Operating Measures

Posted on:2007-07-09Degree:MasterType:Thesis
Country:ChinaCandidate:X W ShaoFull Text:PDF
GTID:2209360185981632Subject:Road and Railway Engineering
Abstract/Summary:PDF Full Text Request
The highway construction in our country has been developing with high speed. The Chinese government authorities are not wealthy enough to afford such a huge sum. So we have been breaking through the tradition in the means of highway operation. Nowadays, expressway, as a social public product, has been pushed into market. This promotes highway operation develops rapidly. However, what achievement has the highway operation enterprises gotten, whether does a connection exist between the position where enterprises locate, scope of business and the operational achievement or not, what kind of strategy set up by the enterprises can help them develop continued operation, these problem are subjects to be solved.This essay adopts the method of certification and research. Ten typical highway operation enterprises are cited and made an analysis on their scope of business, advantages and disadvantages of the position and the situation of their finance as well. First, enterprises are divided into professional operation or diversification operation in the analysis of business scope. Second, the advantages and disadvantages of position and financial policies are contrasted between the east, the mid and the west of China. Furthermore, in the financial analysis, the profit ability, redemption ability and the prospect of these relative enterprises are studied respectively. And last, we also looked into the cause of the fluctuation on these enterprises' financial situation.By deep investigations, we have summary the relation between the scope of business, advantages and disadvantages of position and operational achievement, so some conclusions and proposes can be got as follow: First, those professional highway operation enterprises often do better than the diversification ones, but they have greater risk, so the essay give suggests that highway operation enterprise should participate other highway related businesses besides rode and bridge, that is to implement the relevant development in pluralism. Second, the highway operation enterprises locate in the east of China often give more remarkable achievement than those locate in the mid and the west of China, but there are more highway needs in the mid and the west, so suggests that powerful enterprises in the east can make some investments in the mid or the west. Third, the investment rentability of expressway or bridge is better than Class one or two highway, so suggests that highway operation enterprise get Class one or two highway prudently, and choose more expressways or bridges with higher investment repayment.
Keywords/Search Tags:highway management, highway operation enterprise, scope of operation, position advantage, achievement of management, continued operation
PDF Full Text Request
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