Research On The Optimization Of Financing Structure Of Science And Technology Companies Under Financial Sustainable Growth

Science and technology company is an important part of China's innovation system,is an important part of our national economy,its long-term development ability affects Chinese people's livelihood.The key period at present our country is in transition,the mode of economic development and upgrading of industrial structure,vigorously support the development of science and technology company,is not only the active market,the promotion of employment,but also need to change the mode of development and economic take-off again.The financing structure of China's science and technology companies generally have a high proportion of equity financing,asset liability ratio increased year by year,the debt ratio imbalance,current liabilities accounted for a high proportion of the total debt situation,explain the financing structure of our country science and technology enterprises exist unreasonable situation.Science and technology enterprises rely heavily on equity financing in external financing,and in debt financing relies heavily on short-term debt financing,the company's debt pressure is relatively large,prone to financial risk,once the capital chain rupture,the company's business will be difficult to continue.The problems of the financing structure of the scientific and technological enterprises affect the healthy development of the enterprises.The goal i s to optimize the financing structure of financial sustainable growth,can explain the relationship between corporate finance and growth,the company growth and financial resources balance,the company can adjust the operating efficiency and financial policy in the process of refinancing,realize optimization of financing structure in development.In combination with the theory of sustainable growth,companies need to ensure that growth is sustainable in order to achieve long-term growth.In order to achieve this goal,it is necessary to achieve the actual growth rate and sustainable growth rate matching.Therefore,this paper analyzes the sustainable growth of the company in the last five years.By comparing the sustainable growth rate and the actual growth rate,we found that the main problem is speeding up.First of all,the actual growth rate of the company is compared with that of SGR.Second,financing needs analysis.Again,according to the company's financing needs of the financing plan design.Finally,the feasibility of the optimization scheme is analyzed,and the specific safeguard measures are put forward according to the actual situation of the company.