| At present,the related theoretical development of capital structure has been gradually improved,and the content is also very rich.A set of systems has basically been formed.With the development of the socio-economic system and the requirements of the company’s different goals,static capital structure research has been unable to make the company healthy development.Therefore,the study of dynamic capital structure adjustment is increasingly important.With the increase in the level of consumption and the quality of people’s health,the pharmaceutical manufacturing industry has gradually become the focus of the society and has developed rapidly.Hengrui medicine company is in the leading position in research investment and product reserves in the pharmaceutical industry,but it still lacks measures for the dynamic optimization of the capital structure.Therefore,this study has been conducted.The article first introduced the background and significance of the research.By collating the relevant literature review,we found that China’s current research and development of the dynamic optimization of capital structure is not mature enough and is still in its infancy,and most of the existing articles are empirical studies.Almost no case for analysis.Then,from the static and dynamic perspectives,the relevant theoretical knowledge of capital structure is introduced as a support point of the article,and the influencing factors of the dynamic optimization of capital structure are analyzed as a dynamic optimization analysis path.After studying the capital structure of Hengrui medicine company find out the problems that existed in it,and then adjust the dynamic optimization of Hengrui medicine company according to the direction and speed of dynamic adj ustment.The study of dynamic optimization of capital structure compensates for the insufficiency and drawbacks of static optimization to a certain extent.Through the dynamic optimization study of the capital structure of Hengrui medicine company it is found that the average asset-liability ratio of the company or even the entire pharmaceutical manufacturing industry is low and not fully realized.With financial leverage.Moreover,as society changes with each passing day,the factors influencing the capital structure are in dynamic changes.Therefore,dynamic adjustment programs need to be established based on changes in factors.The article studies the dynamic optimization of the capital structure of Hengrui medicine company to a certain extent,it also provides reference value for other pharmaceutical manufacturing companies. |