上市公司偿债能力分析与对策建议——以安徽江淮汽车集团股份有限公司为例

An Analysis of Solvency of Listed Companies and Relevant Suggestion——with Anhui Jianghuai Automobile Group Co.,Ltd. as an Example

偿债能力是企业偿还到期各项债务的能力,是利益各方都十分关注的问题。本论文在对偿债能力进行理论阐述的基础上,以安徽江淮汽车集团股份有限公司(以下简称江淮汽车公司)为例,运用2014年至2016年三年年报中的财务数据,对其短期偿债能力和长期偿债能力的各项具体指标进行了较详细的分析。结果表明该公司偿债能力较差,公司财务状况存在一定的风险,进而提出该公司应完善企业的资产结构,加强流动资产的变现能力,提高按时偿债的意识等方面的建议,以提高江淮汽车公司在市场中的竞争能力,促进企业持续健康发展。

A company ＇ s solvency is its abilities to repay all kinds of due debts,and is a concern of all interested parties. The paper,after an elaboration on related theories,made a detailed analysis of the solvency in the short term and long term respectively of Anhui Jianghuai Automobile Group Co.,Ltd.（ hereinafter JAC Motors） on the basis of the fiscal data revealed in the company＇s annual reports from 2014 to 2016. The result shows that JAC Motors suffers certain financial risks,leading to its poor solvency. It indicates that the company should try to refine its structure of assets,improve its abilities in liquidating current assets and enhance its awareness of punctual repayment to reinforce its competitive edges in the market for a sustainable and healthy development.