Case Study On The Financial Dilemma Of Chinasun Pharmaceutical Machinery

With the continuous advancement of economic globalization,the environment of world economy is becoming more and more complicated,and domestic companies are facing increased variability.At the same time,the pressure of management and financial of Chinese enterprises are gradually increasing,which will lead to financial distress or even bankruptcy when the company is out of control.China is one of the fastest growing countries in the world.At the same time,financial dilemma is a common problem of listed companies in China.Chinasun Pharmaceutical Machinery was listed in 2011.It used to be the first stock listed in the medical device industry.The company has been in financial dilemma from its initial high-speed development and brilliant achievements.The specific research on the financial distress of the thesis can provide reference for the production and operation of similar companies and the same industry companies.The thesis uses documentation method,case study method,qualitative and quantitative analysis methods for analysis and research.First of all,through the collation and summary of the existing literature and theory,The thesis lays the foundation for the specific analysis of the thesis.Secondly,through the specific analysis of the operation and financial situation of Chinasun Pharmaceutical Machinery in financial dilemma,it summarizes the specific manifestations of Chinasun Pharmaceutical Machinery in financial dilemma.Then,the thesis specifically analyses the causes of the company’s financial dilemma.Based on the analysis of financial dilemma,the cause of financial dilemma of Chinasun Pharmaceutical Machinery were found out.The thesis uses the event research method to analyze the market reaction of Chinasun Pharmaceutical Machinery’s financial dilemma.It also analyzes the impact of Chinasun pharmaceutical Machinery’s financial dilemma on stakeholders.Finally,aiming at the specific cause of the financial dilemma of Chinasun Pharmaceutical and the situation of forced delisting caused by the company’s failure to break away from the dilemma,a series of inspirations are put forward to provide reference for the strategic decision-making and operation of enterprises in financial dilemma,enterprises in the same industry and other listed companies.It is hoped that these enterprises can combine their own characteristics in daily production and operation.These enterprises can formulate reasonable development strategies,establish corresponding management mechanisms and find solutions themselves.These measures can help enterprises to seek long-term development.