The Study About Influence Of Assets Structuer On Enterprise Competitiveness-In Chinese Maufacturing Listed Companies

Manufacturing industry was very important for the productivity level of the country and relevant to life,but actually,the competitiveness of China’s manufacturing industry is very low when compared with the developed countries. So it make sense that we improve the competiti veness of China’s manufacturing industry.In accordance with the relevant competitiveness the ory,the asset was the most important factors for the competitiveness of the industry. So in this paper, we will study on the influence between assets structure of manufacturing listing corpora tion and the competitiveness of industry based on the assets structure.The structure of this pap er as follows:First of all,on the basis of theoretical derivation,we will get the variable of assets structur e and the variable of competitiveness according to the internal and external present condition s,and then six assumptions were put forward.The second,we will build the competitiveness ev aluation index system which contains 7 categories and 19 indicators and calculate the competi tiveness of enterprises by factor analysis. Again, carries on the descriptive statistical analysis and correlation test, know the structure of assets and the enterprise competitiveness. Then, select the top 50 and the bottom 50 samples according to the competitiveness score to do T test and Wilcoxon test, find that if the competitiveness score is different, the assets structure is different. The last, verify this article assumes using multiple linear regression.Regression results show that the proportion between cash asset and current asset is positi vely correlated with the competitiveness of enterprises,the proportion between shortterm debt assets and current assets is negatively correlated with the competitiveness of enterprises,the pr oportion between fixed assets and non current assets is negatively correlated with the competi tiveness of enterprises,the proportion between non current assets and total assets is positively correlated with the competitiveness of enterprises,the proportion between inventories property and current assets and the proportion between intangible assets and non current assets were in dependent for the competitiveness enterprise. At last,according to the regression results,we put forward some advice to optimize the assets structure and improve the competitiveness of the enterprises.