The Research Of Financial Performance Indicators To Mining Enterprises Based On The Benchmarking Management With W Company As An Example

With the development of the economy, benchmarking management gets more and more widely used throughout the world, so do enterprises in our country. In 2003, influenced by international and domestic environment factors many nonferrous metals had an obvious decline in market price and price volatility became larger, under the background of mining industry was bad, enterprises regarded the benchmarking management as an important strategic measure to be more competitive. Through the implementation of benchmarking, many enterprises’ performance were improved, such as zhongjin lingnan group、shougang mining company、Hebei iron and steel group and the W company in this paper, and so on, Some enterprise applied benchmarking performance evaluation system, for the system analysis and evaluation of the past and present operating results of an enterprise financial position and its change provided a basis for analyzing the difference and benchmarking enterprise, evaluation of the past to predict the future now, so as to improve the management level of enterprise and business performance. With the constant promotion of benchmarking, its advantage has been recognized by people.Firstly, this paper introduced our country’s current performance evaluation system and some benchmarking management theory in detail. Secondly, with W company as an example this paper analyzed the benchmarking and performance evaluation process on the basis of traditional performance evaluation index system of theory, and obtained a performance evaluation system of the mining industry. Finally, with W company’s financial statements in recent years as the research object, used the basic financial analysis methods such as comparison analysis trend analysis, respectively from the enterprise profitability, solvency operating ability development ability four dimensions for internal and external to logo. Through the history and with the comparison of the enterprise, finding W company’s direction and measures for improvement to help W company improve management level of ascension based on the benchmarking management performance evaluation, this is also applicable to other mining companies, thus for benchmarking is more widely used in enterprise management as an exploratory work.