Research On The Evaluation Of F Company’s Financial Capacity

In recent years,multinational small home appliance enterprises and some large home appliance enterprises have entered the Chinese small home appliance market,and the original small home appliance enterprises are also expanding.While the overall market continues to grow,the competition in the small household appliances industry is becoming increasingly fierce.Financial capability is closely related to the survival and development of enterprises,and is an organic part of the enterprise ability system,which can reflect the comprehensive strength and value of enterprises.To realize sustainable development,it is necessary to evaluate the financial ability of enterprises.By evaluating the financial ability of enterprises,we can find the key problems that restrict the improvement of the financial ability of enterprises,which is conducive to the management of enterprises to find the problems in the operation of enterprises and find effective ways to improve the financial ability of enterprises,so as to improve their overall competitiveness.In this paper,F company in the small household appliances industry is taken as the research object.On the basis of clarifying the relevant concepts and theories of financial capacity and evaluation of financial capacity,the basic situation of F Company is firstly expounded,and the current situation of financial capacity of F company is analyzed from four aspects: solvency,operating capacity,profitability and development capacity.Secondly,it clarifies the selection principle of the evaluation index of financial capability,uses the literature research method to sort out the evaluation index of financial capability,selects 16 evaluation indexes from four dimensions,constructs the evaluation index system of F company’s financial capability,and uses the entropy weight method to determine the specific weights of the 16 evaluation indexes.Thirdly,on the basis of comparing the advantages and disadvantages of several commonly used evaluation methods,TOPSIS method is selected to evaluate the financial capability of F company.On the basis of comparative analysis with enterprises in the same industry,the evaluation results are analyzed,and problems exist in inventory turnover speed,accounts receivable management and operating income structure.Finally,in view of these problems existing in F company,the paper puts forward specific countermeasures to improve F company’s financial ability: improve the inventory turnover speed;Strengthen accounts receivable management;Optimize the revenue structure.The research in this paper can provide a reference for the evaluation of F company’s financial ability,and is of great significance for improving the company’s financial ability and enhancing its market competitiveness.It can also provide a reference for other enterprises in the small household appliance industry.