Optimization Study On Asset Strcture Inventory Improvement For Huasheng Wood Co.,Ltd

Asset structure refers to the proportional relation of all constitutional parts in the asset.Reasonable asset structure can improve the use efficiency of enterprise asset,reduce enterprise operational and financial risks as well as improve its overall efficiency.Enterprise managers invest the funds raised to various assets as per different production goals to form the asset structure.Studying enterprise asset structure can provide reference for enterprise in making future investment decisions and help improve its investment incomes.Giving full play of values of various assets,improving the use efficiency of assets and maximizing the efficiency of values of various assets are the ultimate goals the enterprise conducts production and operation activities.The asset structure of any enterprise will relate to its incomes and risks from operation and financial arrangement.If the asset structure is extremely unreasonable,it will influence enterprise incomes or even endanger its survival and development.Huasheng Wood Industry is a private enterprise specializing in wood manufacturing.Studying its asset structure can not only help the enterprise to optimize asset structure,but also provide reference for other enterprises in the same industry.This paper,based on risk benefit balance principle and modern portfolio theory,analyzes problems existing in its asset structure for optimizing enterprise asset structure and puts forward corresponding improvement suggestions.Firstly,this paper summarizes the research results of asset structure by domestic and foreign scholars nowadays.In the following,this paper analyzes the asset structure of Huasheng Wood Industry from three perspectives of proportion of major assets in total assets,symmetry of asset structure to capital structure as well as earning capacity.It is analyzed that the asset structure of Huasheng Wood Industry is not reasonable and thus puts forward corresponding suggestions on asset structure optimization.Finally,it summarizes the research conclusion of its asset structure,explains the shortages of this paper and puts forward prospect of study on asset structure by future scholars.This paper suggests that,the major problems of Huasheng Wood Industry lie in unreasonable solid flow structure.This illustrates this enterprise has problems in asset management and investment efficiency.Hence,this paper suggests that Huasheng Wood Industry shall focus on strengthening asset management and improving utilization efficiency of asset.