The Financial Performance Evaluation Of CRRC Based On Cloud Model

Recent years, the CRRC is an important enterprise in the reshuffle of the central enterprises, which has been founded by approval of the Sate Council and SASAC. It is a A+H stock to be listed, which is the product of a merger of CNR and CSR according to the coordinated principle. The CRRC has became the global biggest, most variety, and the technical leading track transportation equips supplier. Restructuring on China’s financial performance evaluation, evaluation of trimming the restructuring activities in China and is of great significance.At present the domestic mainstream finance achievements assessment method generally are the Woll grades system, the EVA grading system and the balance product branch customs station system, these method existence certain limitation, and in the implementation process the subjective judgment can the great degree influence result. But this article adopted has taken this shortcoming based on the cloud model fuzzy judgment method guest, through the cloud model construction appraisal system, carried on the data substitution appraisal system in the degree of membership appraisal to obtain again the appraisal matrix, in addition the weight matrix obtained the overall appraisal matrix through the fuzzy judgment method, finally used the biggest degree of membership to determine in principle which appraisal sector subordinated in, might obtain the change tendency using the degree of membership distributed situation. Because the appraisal value cloud model determination originates existing from promulgates "Enterprise Finance Achievements Appraisal Normal value by the State Council 2015", may overcome the subjective judgment effectively the influence, transforms the quota target using the model to the qualitative appraisal in, utilizes the science rigorous thought the financial achievements appraisal.This article through reference state issued of enterprise financial performance evaluation standard value 2015, selected 20 financial performance index of CRRC from 2007 to 2015 China, established has a reasonable of, and science of, and feasible of evaluation index system, using AHP level analysis method determine weight, and using based on cloud model of fuzzy integrated evaluation method to evaluation merged enterprise of financial performance, found its advantage and the disadvantage after the merger, to makes China in the car future of development strategy positioning in objective of assessment on, To give full play to their advantages of combined factors, and provides strategic direction for its development.