Research On Financial Strategy Of IFLYTEK Company

In today's society,where technology is continuously advancing and global trade is more and more frequent,the market environment in which companies are located is more complex and changeable,and the threats and risks are also increasing.Therefore,companies must develop development strategies that meet their actual needs.Can stand out.As the core of the company's development strategy,the financial strategy can help the company to occupy the market and realize the upgrading of the enterprise.If the enterprise can properly and fully utilize the financial strategy in its production and operation,with the continuous development of high-tech industries,its role in promoting national economic growth has become increasingly prominent,and has gradually risen to the status of national development strategy.High-tech industries have thus become a very popular industry in the world.In this paper,we selected IFLYTEK as its research object.In the selection of financial types,we use financial analysis and SWOT analysis to study the financial status and development environment of the company.Combined with the research results,we point out that: In the future,IFLYTEK shall use rapid expansion and the type of financial strategy that combines solid development.In the current state of the contents of the financial strategy,the use of data analysis and other methods from the financing strategy,investment strategy,working capital management strategy and dividend distribution strategy,the results found that the IFLYTEK flight needs to The following improvements have been made:Some adjustments need to be made in the financing methods,and the ratio of financing between internal financing and external financing,short-term loans and long-term loans is the key.Investment methods need to continue to increase investment in R&D,and appropriately reduce the number of newly established subsidiaries while maintaining the speed of mergers and acquisitions.In the management of working capital,and make more efficient use of working capital to maximize profits.In terms of dividend distribution,it is necessary to adjust the cash dividend share according to the company's future development needs,and at the appropriate time,the stock repurchase method can be used to replace the cash dividend distribution and optimize the capital structure of the company.