Research On The Improvement Of The Growth Ability Of New Grad Stock Company

The first industry refers to the industry that provides production material materials,and it is a department that directly produces natural objects.It is a production department that directly targets natural products and usually includes agriculture,forestry,animal husbandry and fishery.As the primary industry,agriculture laid the foundation for the development of other industries.In the "13th Five-Year Plan",China proposed to speed up the development of modern agriculture.In particular,the status of agriculture's "going global" strategy in the "China's One Belt,One Road project" has not yet been fully reflected.The state encourages enterprises to expand their business through market expansion and foreign investment and other means to enter key areas to improve the agricultural "going out" effect.With the strong support of the state for agricultural development,the situation of agricultural development in our country is getting better.because of the huge changes in the macroeconomic environment,the competition in the agricultural machinery production industry has become more fierce and the regional competition has become obvious.To realize sustainable development and maintain stable growth in increasingly fierce market competition is the most fundamental significance of an enterprise.Only if the company's growth ability is good can it be possible to maintain the "evergreening of the industry." On this basis,companies can create certain social wealth,benefit employees and the country,and conduct sustainable operations;if the company's growth ability is not good or even poor,there will be various growth problems in the process of enterprise development,lack of momentum.In the process of development,we feel powerless and gradually decline and die in fierce competition in the industry.Ultimately it was just a "flash in the pan.".As the first listed company in China's agricultural and animal husbandry machinery manufacturing industry,New Grad Stock Company has developed from a single scientific research unit to a high-tech enterprise integrating R & D,manufacturing and sales after more than ten years of development.One of the company's development goals in recent years is to fully rely on the development opportunities of "One Belt and One Road" and "Made in China 2025" to bring farm machinery and animal husbandry machinery into the market of Central Asia.However,compared with the agricultural mechanization technologies of the developed countries in the world,China's agricultural mechanization.The competitiveness of the product slightly less.In the domestic market,along with the development of domestic agricultural and animal husbandry machinery manufacturing industry,the market where the Company's products are located will face even more severe impact and challenge.In order to enable the enterprises themselves to gain a foothold in the industry and form a strong market competitiveness,it is necessary to study the growth ability of the New Grad Stock Company.In this paper,the New Grad Stock Company for the case study,based on the company's financial report,to ensure that the source of financial data is true and reliable.First of all,using the literature review method,this paper expounds the research status of the growth abilities of domestic and foreign enterprises,introduces the important theory of enterprise growth,the theory of core competence of enterprises,laying a theoretical foundation for the follow-up research of this paper.Then,using the case study method,this paper studies the status quo of the company's growth capabilities and existing problems of the company's growth ability by taking the New Grad Stock Company.as the research object.By analyzing the profitability,solvency,assets operation ability,cash acquisition ability and wealth increment ability of the New Grad Stock Company,And other five aspects of building a comprehensive multi-dimensional financial indicators.On this basis,using the comparative analysis method,we select six horizontal comparison of the benchmarking enterprises in the same industry and found that there are some problems in the growth ability of the New Grad Stock Company,such as: poor profitability,low debt ratio,Poor asset management ability,poor wealth appreciation ability.Then through the corporate governance,market behavior and other factors,analysis of the reasons for the formation of the problem in the two-tier of industry and self-management In the end,we combine the existing problems of corporate growth ability with financial reports,propose specific optimization measures,optimize business portfolio,change corporate financial policies and improve corporate governance,hoping enhance grouth the ability of New Grad Stock Company.