Research On The Financial Performance Evaluation Of CSCEC

In recent years,the construction industry has been one of the pillar industries in China,and it has also played a significant role in promoting the national economy.With the upgrading of the industrial structure of the construction industry,the strengthening of environmental protection,and the implementation of various control policies such as traffic control,the market competition in the construction industry is becoming increasingly fierce.At the same time,with the acceleration of the reform process,problems such as low industry profits,financing difficulties,and poor profitability have also been exposed.In order to continuously promote the healthy development of the industry,it is particularly important to objectively and correctly evaluate the financial performance of the construction industry.Listed construction companies are the backbone of the industry to promote high-quality development.This article selects a representative listed company,China Construction Group,as the research object to evaluate its financial performance and propose improvement suggestions.This article is divided into the following chapters:The first chapter briefly introduces the research background and significance of this article,combing domestic and foreign references.The second chapter sorts out the theoretical basis and basic financial performance evaluation methods.The third chapter briefly introduces the basic situation of CSCEC Group and selects 13 financial indicators based on its own characteristics to establish a financial performance evaluation index system.The fourth chapter analyzes the financial performance of CSCEC Group based on vertical and horizontal comparison.Firstly,based on its financial data from 2012 to 2021,it conducts a vertical comparison of its operational capacity,profitability,solvency,and development ability.Then,it conducts a horizontal comparison with 44 listed companies in the same industry using factor analysis method,and comprehensively evaluates its financial performance through a combination of horizontal and vertical evaluations.The fifth chapter is based on the comprehensive evaluation results of CSCEC Group’s financial performance,and proposes countermeasures to further improve its financial performance.Chapter 6 is the conclusion and outlook.Summarize the research content of this article,and propose further prospects for the shortcomings of the article.