Below big data times, how to capture thing essence from financial perspective, borrow this to increase investment to be led successfully, it is a when investor is faced with main task. Hand in place greatly to cast religion the center is special roll out " financial knowledge was connected " series is cast teach a text, aim to help investor raise level of financial and professional knowledge, promote financial analysis and judgement capability.
The balance sheet basically includes the following 3 large categories, asset, indebted with possessory rights and interests. So, how to unscramble a balance sheet further? Above all, investor can pay close attention to the fluidity of the enterprise mainly. And eliminate liquidity risk beyond, the management risk that investor still can analyse a company through the balance sheet and increase capacity continuously.
Bi Mawei Hua Zhenhui Yang Jin of plan division office jades express, cash is the commercial society of king, company liquidity has very great referenced value to investing cycle accident. Generally speaking fluidity basically can observe the following norm: The first, battalion transport fund. Battalion transport fund is more, the short-term liquidity that shows a company is stronger. Regard absolute value as reference, this target can measure the vigor of the enterprise and development latent capacity effectively. The 2nd, rate of going from place to place and fast use rate. The impact that because battalion carries capital accepts enterprise scale,changes is bigger, normally, when the analysis be undertakinged by the fluidity of investment company to different dimensions, rate of going from place to place and fast move rate to have referenced value more.
With applying for the part that go bankrupt to appear on the market in recent years the enterprise is exemple, although its are located,the industry can not bring about flow together rate and fast the absolute value that uses rate somewhat difference, but the average flow rate from these enterprises and fast move rate to look, going bankrupt 3 years before application to all present an apparent downtrend. Especially from go bankrupt the 2nd year to begin, the average flow rate of these enterprises can fall to mostly 1 the following, present a liquid assets to be less than the case with indebted flow namely.
And eliminate liquidity risk beyond, the management risk that investor still can analyse a company through the balance sheet and increase capacity continuously.
Running risk side, investor can be a foundation with the balance sheet, the information in combining company annual report discloses a case, if manage circumstance, great be bought or business deals with etc, the operation condition that knows a business in the round and management style. Relatively radical to the style enterprise, the financing source judgement that investor can invest through its project further manages a layer to anticipate to investing a purpose. If basically pass debt to raise fund, the investment return rate that means an enterprise to anticipate a project then is met money rate of prep above debt, right now, investor can pay close attention to the liquidity risk of the enterprise then; If the proprietor of an enterprise wants to raise fund through transferring equity, that may manage a layer to be in to this project short-term the anticipation inside yield is not high, investing more is to stem from strategic consideration. In addition, be like bought business and enterprise oneself advocate business Wu has nothing to do, criterion investor considers an enterprise to whether have integrated to buying the business of the project capacity even, this is to buy business whether in appear on the market the crucial factor that value growth achieves further in the enterprise. Investor can examine the provides personnel high resume that announces in annals, whether to have relevant industry to providing personnel high from already check, capable to undertake significant business conformity has preliminary judgement.
Increase ability respect about lasting, the abidance of the enterprise increases capacity besides suffer its capital operation to manage ability influence, still suffer an enterprise to be in the influence of industry and its industry position. Although the balance sheet is of enterprise operation result only,reveal, but pass with company of estate of person of the same trade of a few crucial and financial index quite, and the trade off study that the industry differs in same property catenary, investor can is opposite the industry position of the enterprise and its are located the foreground of the industry make preliminary judgement, the abidance that judges an enterprise then increases capacity. This basically needs to pay close attention to day of have enough to meet need of receivable Zhang money to day of have enough to meet need of number, goods in stock is counted and be not the amount of liquid assets.
Will look from this, from the angle of the balance sheet, investor needs to pass a few simple data analysises only, can mix to the liquidity risk of the enterprise, management risk grow ability to make preliminary judgement continuously.
