Financial Analysis And Enlightenment Of The Reorganization Of The Tunnel Stock Industry Chain

This paper first introduces the development trend of the construction industry and the current PPP model, and describes the development status of the tunnel shares currently on 2012 by the Shanghai urban construction and tunnel shares of major asset restructuring background and implementation process, and in the same industry competition status and trend.This article uses some common methods of financial statements, and around this major asset restructuring after nearly 5 years, the annual financial statements of the tunnel shares after the reorganization of the profitability, development ability, operation ability, solvency analysis and comparative analysis, combined with the financial strategy matrix and DuPont analysis, reveals the development trend of the business time tunnel shares of the company after the reorganization of assets, then discussed in the current economic development situation and the PPP mode expansion strategy of industrial chain to bring opportunities and challenges.The article points out that Shanghai urban construction quality assets directly into the growth of the tunnel shares of asset size, to build the tunnel shares reorganization and integration of a relatively complete industrial chain, the company's business covers municipal, roads, buildings and other infrastructure project design, financing, construction, operation and maintenance of the whole life cycle, the whole industry chain restructuring the company after the implementation of PPP project has obvious advantages, to achieve the optimal allocation of resources, enhance the core competitiveness, the reorganization of the company's solvency and development capacity has been increasing year by year.At the same time, the analysis of financial indicators also reflect into a huge asset to the tunnel shares also brought new business development problems, and the structure of the current economic development and the adjustment of infrastructure investment pattern change, the PPP investment business is affected greatly in profitability and operating capacity are showing a downward trend. In view of this situation this paper combines the financial strategy matrix analysis and DuPont comprehensive analysis also gives the constructive comments and suggestions.