Asset Quality Evaluation Of Liao Ning Listed Company

At present, under the background of economic slowdown-trend,weak market demand and excessive production, It increase the risks enterprises have to taken. According to survey, 242 listed companies were in red in 2013. Among all the specified companies, 212 of them had confirmed more than millions amount of Assets Devaluation. Assets quality will probably become the key factor for sustainable development and is closely connected with capability of earning and sustainable development of enterprises.Both Management and investors need to conducted with assets quality to find development- restricted vulnerabilities behind financial situation.It is also an effective way to promote the enterprise overall. Presently, the study of enterprise financial situation system is relatively more mature, As the core content of enterprise financial condition quality, however, research involved in enterprise asset quality was blocked by many problems, such as less academic, narrow research scope and relatively single research method. Therefore, how to evaluate the quality of enterprise assets in the correct way, from which perspectives we should take to analyze outstanding problems on asset management horizon, and how to improve asset quality is an urgent subjects need to be solved. They are full of extremely important theoretical and realistic significance.This study is on the basis of accounting and financial management and other financial discipline. In reference to the existing researched results domestically and abroad, I start my research from asset quality defining and influence factors elaborating, then establish key line on asset growth, profitability and risk dimension. After that, select relevant evaluation index, and then using SPSS16.0 software for factor analysis. According to the characteristics of dimension, classifies factors. Finally, ranking sample companies in various industries in various and observe changes overall so as to achieve the purpose of the sample company in asset quality three-dimensional evaluation. Concerning liquidity, profitability and other assets features will be affected by production market and regional factors, this article finally choose Liao Ning listed companies,one of the oldest industrial groups in China, as asset quality evaluation sample.I get following conclusions through three-dimensional comprehensive evaluation of the quality of sample firms:(1) The enterprise focus on growth quantities rather than it`s quality. Mainly show s on increasing risk and utilization degree of assets.(2) Lower assets profit-gaining capability, meanwhile lack of sustainable growth vigor.(3) Some companies pursue high profits and asset growth rate, but ignore the risk control. In order to settle these problems, this article suggested that enterprises improve the utilization efficiency of enterprise assets, establish asset quality as the center of management perception. According to their own characteristics, do strategic adjustment and configuration in order to forms the enterprise core competitive ability. Build market- oriented mechanism to improve the assets risk identification and response abilities etc.