Analysis Of Anshan Iron And Steel Profit Model

With the continuous reform of domestic and foreign economic system,excess capacity has become a prominent issue in China’s current economic operation.Overcapacity will have a bad impact on the economy,the impact of long-term consequences are very serious.Overcapacity will inhibit the healthy growth of industrial structure,limiting the transformation mode of China’s economic growth,while it also reduces the quality and efficiency of economic development,affecting the profitability of enterprises.Steel enterprises can successfully transform and upgrade,is to see where today’s profit growth point,tomorrow will move to where.In the premise to production of,only continuous innovation profit model,to find a suitable profit model,breaking the traditional model of the old,in order to grasp the new environment of the profit zone,breakthrough losses,expand the living space,the reconstruction of competitive advantage.Based on the analysis of the current situation of the steel industry and the existing problems of the enterprise now,Anshan iron and steel Limited by Share Ltd as an example to highlight the elements,from the profit model,financial structure,multi latitude comprehensive analysis,for China’s iron and steel enterprises in the future to find the most suitable profit model and puts forward some constructive suggestions.This paper first introduces the development status of China’s iron and steel industry,mainly from the two aspects of the current situation of supply and demand situation and the profitability of the steel industry in the paper,through the analysis of the iron and steel production,inventory,import and export volume,and the research on iron and steel enterprises operating income,steel prices,steel profit rate,pointed out that the iron and steel industry development dilemma at present,analysis of the causes behind the status of iron and steel enterprises.In this paper,taking Anshan Iron &Steel Co.Ltd.as the target enterprise,through the five years of statistical data in 2011,2015 analysis,using the basic financial diagnosis methods such as structure analysis,trend analysis to respectively analysis of the company’s solvency,operating capacity,profitability,growth ability and other aspects.And use the analysis method of enterprise’s comprehensive financial condition of radar chart analysis,in addition to the use of the factor analysis method to analyze the current profit model and profit model of Anshan iron and steel elements,analysis of profit model structure,analyzes on the current profit model across the steel,Anshan iron and steel to optimize profit model,and assess its.Finally,through the analysis of the case of Anshan iron and steel,in view of the current steel industry reflects the problems raised by the relevant inspiration and suggestions,and some deficiencies and limitations of this paper are described.