Railway Analysis Of Financing Performance Of Listed Companies Of The United States

In recent years, with the development of our country’s high-speed rail business, railwaytransportation industry become the important pillar of national economic. At the same time,the highway transportation and shipping cover the area more widely to railway transportation,it caused great pressure of competition. Railway transport to occupy more market in the fiercecompetition, on one hand it must increase the investment, on the other hand it also analyze itsdefects and perfect.In this paper, using the comprehensive utilization methods of entropy and graycorrelation analysis method to analyze the nyse listing eight railway company’s financialperformance, comparing the Guangshen railway and other7listed railway companies inNorth America. Results show that the stability and performance development speed and therate of assets and liabilities of the company present positive correlation, in addition, return onequity of GSH is far lower than the north American railway companies, mainly because risingoperating costs at the same time, the lack of the use of financial leverage for financing andlow proportion of investment in fixed assets, these results will help find the lack of therailway transport enterprise itself and perfect financial system, making the resources to use inthe place where it is more reasonable, thus promote the railway promotion enterprise’s corecompetitiveness, and promoting the economic and social development of our country has acertain reference value.Through the study we found that government related department must take a strategicview of the railway industry in our country and promote its moves towards sustainabledevelopment path, gradually fade out administrative means control of the railway transportprice, let the public know more about the railway transport price is how to develop, therailway transport price slowly will make the rights to the market, the government only need tocarry on the macroeconomic regulation and control, market-oriented railway transportationwill contribute more to society. Railway investment doors open to the market, not only cangive full play to the role of the capital market, promote the industry to achieve capitalizationoperation of railway transportation, also can keep the railway sector in accordance with thecountry expected to achieve at the same time, the reform of further promote the railwayenterprises access to capital markets. Railway should the management of listed companies from the same industry the management mechanism of a comprehensive way of learning theenterprise financial management, combined with their own environment, determine thescientific evaluation index system, improve the incentive and restraint system, make the listedcompany assets and liabilities management standardization and scientization, bring moreeconomic returns for shareholders, at the same time, improve the enterprise value.