Anyuan Industrial Limited By Share Ltd Asset Restructuring Performance Analysis

Reorganization of assets as the stock of liquid assets of enterprises, adjust econo mic structure, the rational allocation of corporate resources effective tool, in our count ry socialist market process, is widely used. Based on the introduction of asset reorgan ization on the basis of the theory, according to the Anyuan Limited by Share Ltd reorg anization of assets and business, the Anyuan Limited by Share Ltd’s reorganization of assets is analyzed and evaluated, and the Limited by Share Ltd of Anyuan, after the re organization of assets to the proposal of development. This paper argues that, for the f irst time the replacement of assets reorganization, the placement of assets for non-hig h-quality assets, after the reorganization of the performance is the performance deteri oration, value effect is negative, the second reorganization is the acquisition of strong profitability, asset quality, after the reorganization of the performance is the value effe ct and firm performance in the same direction development, value effect is obvious, b ut the company to improve the performance of smaller, explain our country listing Co rporation asset restructuring of the value effect and company performance between th e correlation is small. The company in second after the reorganization of the financial situation, although there is some difference, but the persistent shortage from the restru cturing, beginning second years after, performance degradation, indicating that the ass ets restructuring effect still has certain uncertainty. From the Anyuan company restruc turing cases can be seen before the reorganization, the performance level and assets re combination probability was negatively correlated with better performance, namely th e company reorganization of the probability of block is low, performance is poor, the higher the probability of occurrence of recombination. Therefore, reorganization of as sets is the poor performance of the company to get rid of the dilemma, one of the imp ortant ways to improve performance. The Anyuan company future development, this article suggests, first of all to strengthen internal resources integration and scientific management; secondly, to establish a standardized corporate governance structure; thi rd to develop the enterprise long-term development planning; fourth enterprises shoul d pay attention to the cultivation of the core competence.