Analysis And Evaluation Of The Financial Performance Of Enterprise A Under The Mode Of Financial Sharing

Enterprise A has been developing in the textile and garment industry for decades.Since its establishment in 1988,A company has always won the recognition of consumers by virtue of its high quality and achieved rapid development of the group.With the continuous expansion of business scale,breakthrough and innovation in the way of operation,and A period of inefficient financial management,the Group spent most of its time on accounting and could not invest more energy and time in operation.In addition,there are many kinds of IT systems in Enterprise A,and the connection between them is not close enough.The information barriers formed make financial personnel face strong work pressure and work efficiency is difficult to improve.The existing accounting system is not only difficult to adapt to the pace of enterprise development,but also difficult to support the business more strongly.To this end,at the beginning of 2015,Company A officially launched the financial transformation plan and started to establish the financial sharing center.By the end of 2016,the financial sharing center was completed and the smooth operation was realized.Taking Enterprise A as an example,this paper analyzes and evaluates the changes of enterprise A’s financial performance under the mode of financial sharing from horizontal and vertical dimensions based on financial ratio analysis method.The comprehensive capability of enterprise A is analyzed based on the method of economic added value.Among them,the horizontal and vertical analysis of financial performance is measured by the specific indicators of debt paying ability,operating ability,profitability,growth ability and cash flow status,while the comprehensive ability is measured by economic value added(EVA).Based on the specific impact of the implementation of the financial sharing center on the financial performance of enterprise A,this paper explores the causes of the impact deeply,finds out the improvement direction of the implementation of the financial sharing center of enterprise A,and proposes effective countermeasures and suggestions for specific problems,so as to promote the improvement of the financial performance of the group.At the same time,through the analysis of enterprise A,the paper studies whether financial sharing center is suitable for small and medium-sized enterprises.I hope to find out the weakness of the financial sharing center for enterprise A and put forward some referable suggestions to promote the development of financial sharing for enterprise A to some extent.