Research On Financing Managemengt In DL Company’s Rapid Frowth Stage

At present,among the seven industrial fields determined by China’s strategic emerging industry policy,new energy materials have great development prospects.After developing rapidly recent years,DL company stands out conspicuously in the new energy materials industry.Because of the operation mode of industry advance production and distribution,the capital gap of DL company will become larger and larger during the procedure of exploring customer needs and adapting to market changes.How to raise funds quickly and effectively Must cause operation manager’s attention.The research object of this paper is NEW energy materials DL Company.With t the evolution of new energy,DL Company will enter the rapid growth period as an upstream raw material enterprise for wind and solar photovoltaic power generation enterprises.Due to Prepare some materials to payment in advance,DL company will have a large capital gap.Timely and efficient fund-raising to ensure the normal operation of enterprises is particularly important.Through analyzing the financing status of DL Company,this paper finds the following problems: Firstly.the capital gap become larger and larger as expanding its operations fastly;Second,investment in reserching intensivily causes more funding gap;Third,the internal financing is unstable,the endogenous power is not enough;Fourthly,the fund raising wayl is single,and debt-to-utilization ratio needs to be controlled;Fifthly,the enterprise has no special fund-raising management division,and lacks the talented persons with and lacks the talented persons with skill or knowledge in a particular area.This paper puts forward the solving measures to solve the fund gap problem in the rapid growth stage of DL company and analysis in different time period,how to choose method of financing,according to the production and management characteristics of DL company,as well as the development prospect of the 14 th five-year plan,and the upcoming financing problem.Finally,this paper gives relative safeguard measures according to the financing for strategy,for ensure that DL company can obtain funds effectively.