CAJ | 학술논문

选取湖南省2000-2009年间沪深两市的A股上市公司共367个有效样本进行了实证研究，以探索湖南省上市公司资产结构、资本结构与公司盈利能力之间存在的关系，为湖南省上市公司优化资产结构、资本结构，提高公司绩效提供经验数据。研究发现，湖南省上市公司的资产负债率、产权比率与公司盈利能力呈显著负相关关系，货币资金比率与盈利能力呈显著正相关关系，但流动资产比率、固定资产比率、无形资产比率与盈利能力的关系不显著。因此，优化资产结构、资本结构是提高湖南省上市公司盈利能力的重要途径。
선취호남성2000-2009년간호심량시적A고상시공사공367개유효양본진행료실증연구，이탐색호남성상시공사자산결구、자본결구여공사영리능력지간존재적관계，위호남성상시공사우화자산결구、자본결구，제고공사적효제공경험수거。연구발현，호남성상시공사적자산부채솔、산권비솔여공사영리능력정현저부상관관계，화폐자금비솔여영리능력정현저정상관관계，단류동자산비솔、고정자산비솔、무형자산비솔여영리능력적관계불현저。인차，우화자산결구、자본결구시제고호남성상시공사영리능력적중요도경。
This paper aims to explore the internal relations between assets structure, capital structure and profitability, and provide empirical data to optimize assets structure, capital structure, and performance for the listed companies in Hunan Province. The authors make an empirical study based on 367 valid samples of Shanghai and Shenzhen A-share listed companies of Hunan province in recent ten years. We find that Hunan Province listed company＇s Ratio of liabilities to assets, equity ratio and profitability is negatively related, monetary capital ratio and profitability have significantly positive correlation, but the relationship of the liquidity ratio, fixed assets ratio, intangible assets ratio and profitability is not obvious. Accordingly, the important way to increase the profitability of Listed Companies in Hunan Province is to optimize assets structure and capital structure.