The Research Of Relationship Between Manufacturing Industry Listed Company’s Assets Structure And Corporate Performance

The assets structure refers to the enterprise all assets in all kinds of assets, shows the percentage of total assets of enterprises of all kinds of assets. And enterprise performance is widely defined as senior management in the operation period, embodied the operator performance and management benefit obtained. In the enterprise are many factors that will impact on corporate performance, and the assets structure and the influence factors of capital structure is one of the two larger, especially the assets structure. So standing on this point, constantly improve the enterprise has a more reasonable assets structure can effectively improve the ability of enterprise assets, revenue, make the enterprise has a good performance. In other words, the stand or fall of an enterprise performance to a certain extent, and there is a definite relation between enterprise’s assets structure. So, the research and analysis of the enterprise assets structure and the relationship between enterprise performance, is the enterprise concerned about important issues, also become is a trend of the current study. If an enterprise wants to obtain long-term and stable development, we must further study of enterprise assets structure and business performance between the existence of relationship, and on this basis, more focus on the research of how to set up a reasonable assets structure, to improve the efficiency of the use of the assets, play to the role of the various assets themselves, so as to improve business performance. At present, the assets structure unreasonable phenomena are common in most enterprises in our country, even in the listed companies. Flow speed relatively slow assets and enterprise management risk to a certain extent, seriously affected the enterprise total assets revenue growth, profitability and enterprise capital also weaken the profitability of enterprises. In addition, some companies are likely to face defeat poor financing and investment, etc., which is likely to cause the enterprise suffered a serious economic crisis, or even face the risk of bankruptcy. So, assets structure rationalization of enterprise is playing a more and more important role in the development of the future, a more reasonable assets structure is of great significance for enterprises, even assets structure is reasonable or not, to some extent related to the survival and development of the enterprise, according to this, this paper combining with the relevant theory of assets structure and performance of the enterprise, using the financial data from 2011 to 2014, the manufacturing industry in our country the assets structure and the relationship between the corporate performance of listed companies conducted an empirical study, the result shows that the enterprise assets structure is correlation with corporate performance, and negative correlation between corporate performance is obtained by regression of assets structure indicators have monetary fund proportion, accounts receivable accounted for, proportion and the proportion of fixed assets, inventory and asset structure of enterprise performance showed positive correlation index for current assets proportion and intangible assets accounted for. This also in some way to justifying the enterprises want to improve the performance of enterprises is also a path to be found. Can be seen from the results of manufacturing enterprises in the current assets and intangible assets can play a positive role to enterprise’s performance, so the manufacturing enterprises should be accordingly increased investment in these two assets, at the same time, will also spend reasonably arrange the rest of the assets. This article also optimize the assets structure of the related Suggestions are put forward accordingly, by optimizing the assets structure to improve corporate performance.