海螺集团对外直接投资的动因及绩效研究

A Research on the Motivation and Performance of Conch Group’s Foreign Direct Investment

论文主要研究海螺集团对外直接投资的动因和绩效。海螺集团近年来不断加大对“一带一路”沿线国家的投资,其动因一方面是自身具有比较优势,另一方面也是整合国外的资源和市场。根据海螺集团2013—2018年的财务数据,分析其对外直接投资的绩效,发现海螺集团通过对外直接投资获得了规模经济效应,增加了企业市场价值,盈利能力、偿债能力、资产运营能力和发展能力等各项财务指标都得到了比较显著的改善。总体来看,海螺集团的对外直接投资取得了较好的投资效果。

This paper mainly studies the motivation and performance of Conch Groups foreign direct investment.In recent years,Conch Group has continuously increased its investment in countries along the“Belt and Road”because of its own comparative advantages and for the purpose of integrating foreign resources and markets.According to the financial data of Conch Group in 2013-2018,the article analyzes the performance of its foreign direct investment,and finds that Conch Group has achieved efficiency of scale economy through foreign direct investment,increased the market value of the enterprise,profitability,solvency,asset operation capability and development capability.Various financial indicators have been significantly improved.In short,the foreign direct investment of Conch Group has achieved good investment results.