Research On Financing Efficiency Evaluation Of Chongqing D Construction Company

In 1997, Chongqing became municipality. From then, the economy of Chongqing has developed rapidly. As an important material production sector, Construction Industry in Chongqing has strong relationship with economic development of the whole district. In recent years, the construction enterprises in Chongqing has consistently undergone deepening reform and developed well. Moreover, the construction marketing environment and the industry quality both have been improved. As the construction industry has become more and more important among pillar industries in national economy of Chongqing and achieved a lot, the construction enterprises of Chongqing begin to face corresponding pressure. Construction industry belongs to capital-and-labor-intensive industry. During the construction, the massively occupied fund, the long construction period and the concentrated input create large capital needs for enterprises, so they need to finance. Chongqing construction company D, former stated-owned construction company, has been reformed deeply and reorganized in 2002. Therefore, D, which has good quality and solid customer base, is among top-ranked construction companies in Chongqing. Confronting good developing opportunities, high-effective financing is vital for company. In such era and industry, the analytical decision on financing efficiency is very necessary for Chongqing construction enterprises.Set the financing efficiency of Chongqing D Construction Company as research object, this paper firstly collect materials from abroad and home, comprehend fundamental theory and methods related to enterprise financing efficiency, define financing and financing efficiency on the basis of former research findings, and find out problems about enterprise financing efficiency by analyzing D Construction Company’s financing status and financing efficiency. Based on previous findings, the paper chooses Fuzzy Comprehensive Assessment Method to evaluate enterprise’s financing efficiency. In consideration of financing costs, risk and capital utilization based on financing efficiency definition, this paper constructs multilevel Fussy Comprehensive Assessment model to evaluate Chongqing D construction company’s financing efficiency, and propose practical methods and suggestions to increase financing efficiency. The evaluation of such practical case is a sample for other construction firms to evaluate their own financing efficiency. Meanwhile, it verified the practicality and operability of the model, and provide a referencing model for financing efficiency evaluation of construction enterprises in Chongqing.