纺织导报
紡織導報
방직도보
CHINA TEXTILE LEADER
2013年
7期
26-28
,共3页
通过对深沪两市的50家纺织服装上市公司近3年（2010-2012年）的资本结构进行分析，发现大多数上市公司都存在资产负债率水平偏低、债券融资水平偏低、流动负债占负债总额比率偏大、高库存等不良状况。文章从我国证券市场的发展程度，企业融资、自主品牌建设等角度分析了这些问题的成因，提出了相应的优化策略，并对如何使企业在动态发展中保持良好的资本结构提出了建议。
通過對深滬兩市的50傢紡織服裝上市公司近3年（2010-2012年）的資本結構進行分析，髮現大多數上市公司都存在資產負債率水平偏低、債券融資水平偏低、流動負債佔負債總額比率偏大、高庫存等不良狀況。文章從我國證券市場的髮展程度，企業融資、自主品牌建設等角度分析瞭這些問題的成因，提齣瞭相應的優化策略，併對如何使企業在動態髮展中保持良好的資本結構提齣瞭建議。
통과대심호량시적50가방직복장상시공사근3년（2010-2012년）적자본결구진행분석，발현대다수상시공사도존재자산부채솔수평편저、채권융자수평편저、류동부채점부채총액비솔편대、고고존등불량상황。문장종아국증권시장적발전정도，기업융자、자주품패건설등각도분석료저사문제적성인，제출료상응적우화책략，병대여하사기업재동태발전중보지량호적자본결구제출료건의。
By analyzing the capital structure of 50 textile & apparel listed companies on Shenzhen and Shanghai security markets in the past three years (2010-2012), the authors found that most of these companies operated in poor status due to low asset-liability ratio, low debt-financing level, high ratio of current liabilities to total liabilities and high inventory. The article analyzed the causes of these problems from the perspectives of development stage of China’s security markets, financing of enterprises and construction of independent brands, put forward relevant measures for optimizing capital structure and gave suggestions on how to maintain a favorable capital structure during the dynamic development of enterprise.
