Research On Financing Efficiency Evaluation Of S Construction Company

With the fast developing of the economic today,the construction company has been deepening the reform which keeps a healthy development.To further improve the overall quality of the industry,the market environment continues to improve.Construction industry in the national economy pillar industry status and role continues to strengthen.While in the face of success,Construction companies began to be confronted with the corresponding pressure.The construction industry belongs to the double-intensive industries of capital and labor.In construction technology,the capital occupation accounts for a large amount of portion,while the period is long and the investment is concentrated.The development of the construction company needs a lot of funds to support its development,and the company's own funds are obviously insufficient and need a lot of financing.S construction company is a provincial state-owned leading construction company,which obtains a strong strength in the S region.During the period of this historical background and industry prospects,it's necessary for S construction enterprises to emphasis the importance of financing efficiency analysis and decision-making.This paper first defines the financing efficiency by analyzing the influencing factors of the financing efficiency of S Company and the influencing factors of the financing efficiency of S Company.Then we adopt the AHP-entropy efficiency analysis model.Based on company's data information(2011-2015)and the analytic hierarchy process,we analyzed the weight coefficient problem,and determine adopt the entropy to avoid the right of using the method of entropy and subjective color of the number,and make full use of the object of the evaluation of the amount of information to make the evaluation results closer to the objective facts.The results show that the financing efficiency of S-building companies is high in 2011-2015,and the financing activities are in good condition.The efficiency of financing is increasing continuously in 2013 and 2013,and the financing efficiency is the highest in 2013,In 2014,2015 S company's financing activities occurs a certain problem,further that S's financing efficiency has a certain room for improvement.The results show that in 2014,the company's financing costs,financing risks,capital use of these three aspects of control is not in place,resulting in 2014,2015 financing' efficiency continued to decline.Finally,according to the empirical results and the influencing factors,this paper puts forward some suggestions to improve the financing efficiency of S companies from three aspects: reducing the financing cost,controlling the financing risk and strengthening the fund supervision.