Research On The Financial Performance Of S Company's Diversified Acquisition Of L Company

With the rapid development of domestic market economy and the coming of age of the Internet,traditional industry is facing its own industry market gradually saturated,and the same industry between companies is more and more fierce competition,in order to be able to keep a stable development,belong to the traditional industry began looking for ways to break the current situation of the company,merger and acquisition in many methods is relatively more choice in traditional industry company,which adopt diversified mergers and acquisitions company,not through the diversification of mergers and acquisitions company can implement diversified management,expand the scale of the company's existing,the introduction of new industries,to distract the risk in the operation process,At the same time also can bring new revenue growth point to the company.Cut both ways for the company,but diversification m&a company before the merger may be a lot of debt,or a large number of issued shares,so that after completion of the merger and acquisition of companies are not fully integrate the resources leads to waste of resources,and efforts in vain before and may lead to the company debt service pressure increase,the company control diluted to a great extent,make the control system.Therefore,through the analysis of financial performance after the merger is an indispensable step,by choosing a reasonable and effective evaluation method to evaluate the financial performance of m&a and analysis of the specific reason for the merger on financial performance,so as to put forward reasonable Suggestions for different reasons,which enables the company to rapid and stable development,what is more important for the later use of diversified mergers and acquisitions have the certain reference value to the company.This article chose the L company education as its shares in 2016 m&a cases,based on the collaborative theory,scale economy theory and agency theory,using the financial index method,dupont analysis method and the added value of economic law before and after the three evaluation methods of m&a financial performance analysis,obtained the acquisition for affect financial performance in the S company shares,then this article conclusion,in order to gain enlightenment and puts forward Suggestions on S company stake in subsequentdevelopment,in order to play a certain reference in the future development of decision of enterprises..