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Research On Performance Of Dashi Intelligence Merger Jiuxin Medical

Posted on:2020-07-29Degree:MasterType:Thesis
Country:ChinaCandidate:Z H MoFull Text:PDF
GTID:2439330578460508Subject:Accounting
Abstract/Summary:PDF Full Text Request
At present,China's economy is in a new normal period.It is no longer in a stage of high-speed growth,but in a stage of high-quality development.During this period,China is committed to adjusting and optimizing the economic structure,paying more attention to the quality of development and achieving steady economic progress.China's high-tech industry has developed very rapidly in recent years,with various bright spots in technological innovation,steady progress in improving quality and efficiency,and problems in improving the overall innovation capability.The rapid development of the new generation of information technologies such as Internet of Things,mobile Internet,big data and cloud computing has provided a strong technical support for intelligent medical care,which has a bright future under the double benefits of market and policy.Under the condition of market economy,seeking new profit growth point or development direction through mergers and acquisitions has become an important choice in the development process of many listed companies.The performance after merger and acquisition is also a hot issue for enterprises and investors.Dashi Intelligence is not only a high-tech enterprise,but also a leading building intelligence and energy-saving service provider in China.In the process of its development,under the background of the state's promulgation of a major health strategy,it is a cross-industry merger and acquisition event to choose to merge Jiuxin Medical in 2015 and enter the field of smart medical.This article chooses a high-tech enterprise to merge a medical enterprise as an example to study,namely,dashi intelligence merges jiuxin medical.First of all,introduce the research background and significance of case events,sort out the relevant literature research at home and abroad,and introduce the research content and methods adopted in this paper.Secondly,from the theoretical basis involved in this article,it is systematically explained that there are concepts of M&A and M&A performance,performance evaluation methods and M&A related theories.Then,introduce the merger cases,including the company introduction,the current development of the industry and analyze the motives of the merger from various angles.Next,it is the performance analysis of mergers and acquisitions.Using event research method to explore short-term market response,financial analysis is carried out through the research on profitability,debt paying ability,operation ability and development ability,and non-financial performance is also analyzed.Finally,according to the above analysis,this paper surmmarizes the impact of the merger on the enterprise,comprehensively evaluates whether the merger has achieved the expected goal of-the merger,and summarizes the experience and enlightenment.Through research,it is concluded that the acquisition of Jiuxin Medical by Dashi Intelligence is in line with the needs of its own development strategy.To a certain extent,it has realized the value-added of the enterprise as well as the synergy effect.The short-term market response of the enterprise is good,and the long-term financial data have been improved to a certain extent.After the merger,smart healthcare has become a new revenue growth point of DaShi Smart.Non-financial performance was also optimized.This merger and acquisition will provide a great help for Marsh Intelligence to smoothly enter into smart medicine,occupy a certain market and perfect the smart medicine industry chain.In the end,this paper also puts forward some experiences and inspirations for high-tech enterprises to carry out cross-industry mergers and acquisitions:they should choose suitable target enterprises based on their own operating conditions and development strategies,make good use of various national support policies for the industry,seize development opportunities,attach importance to the integration of resources of both sides of mergers and acquisitions,adjust development strategies in a timely manner,actively promote technological innovation,and maximize resources after mergers and acquisitions.
Keywords/Search Tags:Dashi Intelligence, Merger Motivation, Merger and Acquisition Performanc
PDF Full Text Request
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