Study On The Financial Of Pension Service Enterprise In The Light Of Asset Operating Modes

Since 1999, China entered the aging society, the aging trend has spurred the development of "silver economy" the door opened to the pension services. Vigorously support the development of pension service industry has become an important part of China’s "Thirteen Five" plan."State Council on accelerating the development of pension service industry" since(Guo Fa [2013] No. 35) the implementation of pension service industry environment has been significantly improved, positive social capital investment remarkably improved. At the same time, asset-light business model has aroused widespread concern and practical business applications. This article aims to explore the business model based on asset-light service Endowment whether a company can obtain greater profitability, sustainable growth and higher power levels of financial performance, become the basis for enterprises to establish a sustainable competitive advantage.View of this, the A-share market 30 pension services listed companies 2009--2014 years of financial data, construct the asset-light business model characterized by financial index system of pension services enterprises financial performance was evaluated by factor analysis modeling empirical analysis the following conclusions: overall, asset-light operating strategy for the pension service business has brought positive financial effects of higher levels of financial performance, asset light operating characteristics of the more obvious corporate pension services. Where pension medical enterprises in profitability and operating capacity more obvious advantages, has been in the industry "leader" position; pension solvency performance of real estate enterprises optimistic; pension financial enterprises have advantages in capacity development, research capacity, but the overall financial performance is not optimistic; other pension services enterprises in all aspects of performance is excellent, tremendous potential for development, good prospects for future development. In addition, the combination of the characteristics of the asset-light business model put forward to improve our financial performance level of pension services like effective proposals.