Research On Financial Performance Evaluation Of H Group Under Financial Sharing Mode

With the rapid development of science and technology,the rapid expansion of the scale of large-scale enterprises and the increasingly complex economic activities,the establishment of financial sharing service centers has become the development direction of the reform of management mode of large-scale enterprises.However,the financial sharing model has not appeared for a long time in China,and the related research is not comprehensive enough.In order to enrich its theoretical content and help Chinese enterprises improve their performance level from the perspective of upgrading and managing financial sharing service centers,this paper evaluates and studies the financial performance of enterprises under the mode of financial sharing.Financial performance is the most basic and intuitive embodiment of enterprise performance.In order to explore the performance level of enterprises under the mode of financial sharing,this paper analyzes the financial performance of enterprises by taking H Group as the case study object.Firstly,it introduces the enterprise background of H Group and the basic situation of its financial sharing center.Secondly,starting with the financial indicators,the financial indicators that can represent the profitability,solvency,operational capacity and development capacity of enterprises in the past ten years are selected to make a quantitative analysis of the operational capacity of H Group.In the process of analysis,in order to highlight the influence of the financial sharing model,23 comparable sample enterprises are also selected for horizontal comparison.Then,based on the entropy TOPSIS method,an evaluation model is established to evaluate the financial performance of H Group,and the entropy weight and relative closeness of each financial index of H Group and sample enterprises are calculated,so as to obtain the most influential financial index and the comprehensive score of H Group’s financial performance and peer enterprises.Finally,based on the previous research results,this paper puts forward some suggestions that can help improve the financial performance of enterprises according to the situation of H Group.The innovation of this paper lies in that in order to reduce the influence of external factors,the average data of several peer enterprises that have not established financial shared service centers are added as a comparison to better highlight the influence of financial shared service centers.The research shows that the financial performance score of H Group in the past ten years is basically higher than the average of the sample enterprises,and its ability to control financial indicators is better than that of the sample enterprises without financial sharing center,and its ability to resist risks is stronger,but its solvency is relatively insufficient.Overall,the financial shared service center can have a positive impact on enterprise performance.