Study On Financial Performance Of Baotou CJ Corporation Based On TOPSIS Entropy Weight

At present,engineering enterprises are in a free competition environment,and the fierce market competition has brought great impact and challenge to enterprises.It is a key point in the enterprise management process to make a scientific and reasonable judgment on the performance level of the enterprise,so that the enterprise administrator can predict the possible risks in advance and take measures to deal with them in time,which is conducive to the development and progress of the enterprise.Therefore,through the establishment of scientific and effective financial performance evaluation,Baotou CJ company finds that in the current operation,the enterprise's solvency and profitability are weak,the asset-liability ratio is high,and the main business profit margin is low,which affects the development of the enterprise and its competitiveness in the same industry.In this regard,the administrator improves the problems existing in the development of Baotou CJ company,so as to enhance the market competitiveness of the enterprise and effectively avoid risks.On the basis of collecting data from Baotou CJ company,this paper objectively get index weight and calculation rules by using entropy weight method.By judging the relationship between weight and provide information,it get the analysis of the impact of the comprehensive evaluation.Combining TOPSIS method,the article calculate different evaluation index weight from the established formula,and get the final evaluation results with the form of from big to small in turn.In this process,with the entropy weight method to determine index weight,the paper can avoid the subjective arbitrariness of empowerment by using TOPSIS method to calculate the degree of the positive and negative ideal solution for evaluation standard,and make the evaluation results more objective.Adopting 10 internal projects financial data as the foundation,it goes through the entropy and TOPSIS method to evaluate the financial performance evaluation model of research,to find problems in the process of enterprise operation,and explore its advantages.The results show that the Baotou CJ corporation is in steady overall situation,the 10 selected internal projects have their own strengths.From the analysis of projects,it is concluded that operating ability and the ability to influence the development of enterprise development is the most important factor,the solvency and profitability of enterprises need to be strengthened.Therefore,the enterprise should be adjusted and improved according to its own characteristics and size in line with the current actual development level.By reducing the level of asset-liability ratio,improving enterprise innovation,increasing the effective utilization of funds,it can enhance Baotou CJ company's solvency and profitability through strengthening the project cost control.By improving independent research and development capabilities,expanding enterprise production scale,implementing asset integration,and strengthening accounts receivable analysis and management,it can optimize development and operation capabilities.