The Research On Cash Dividends Ability Of Company A

As a kind of modern cultural industry in China,the media industry plays a important role in enriching and guiding the spiritual life of our people.During the "eleventh five-year plan" period,our country began to attach great importance to the development of cultural system construction and cultural industry,put forward the policy of promoting the development of the cultural industry.During the "12th five-year plan" period,the state will vigorously promote the construction of cultural industries.The outline of the "13th five-year plan "also proposes to promote cultural innovation,vigorously develop the creative culture industry,and promote the integration of culture and technology,information,tourism,sports,finance and other industries.The nineteen Party Congress report pointed out:China has become the first TV broadcast,the number of the first film,the film market is ahead of the world,a number of cultural masterpieces has aroused strong repercussions.Cultural communication,cultural exchange,cultural trade and many simultaneous development,Chinese brands,Chinese voice,China image has been more and more recognized.The main framework of the cultural field "reform of the four beams eight columns" nature of the basic form,it brings opportunities for the development of the media industry.Company A is one of the largest private media companies in China.It mainly deals in TV programs,advertisements,performing arts and TV series.From the "Lost In Thailand" become the second largest film company in 2012 and the "Lost in Hong Kong" broken all box office records in 2014,to scrambled Stephen Chow from Huayi Brothers Media Corporation and become new partner in 2016,when" Aquamarine" won the domestic title this year with 3.392 billion big and refresh the domestic history records,one of the biggest beneficiaries is the company A.Therefore,as the main force of the cultural industry,company A should also review the company’s cash dividend ability and the dividend policy implemented by the company.On the one hand,it’s can avoid the violation of China’s supervision department about the requirement of the cash dividends of listed companies,on the other hand can also relocation the company’s dividend policy,especially to determine whether the company has the capability of cash dividend and the company’s dividend policy is affected by what factors.Therefore,this article will first to understand the status of the company A current cash dividends,then with the requirements of the China securities regulatory commission for the listed company cash dividend policy,through the profit streams,free cash flow,analysis of the past A company share out bonus is reasonable,through the remaining free cash to judge A company whether there is ability of sustainable dividends in the future,the use of financial indicators analysis it is concluded that the financial problems of the dividend by the analysis of internal cause and external cause the cause of the problem of share out bonus,A company of cash dividends by A company to provide advice...