最优资本结构定量模型应用研究——以DS工业为例

Application of the Quantitative Model of Optimal Capital Structure-Taking DS Industry as an Example

企业资本结构影响企业经营决策和长期可持续性发展,平衡企业收益和风险水平,使企业在收益最大时风险最小。以DS工业为例,进行资本结构研究,分析该公司现有资本结构合理性,判断其资本结构风险,测算企业静态最优资本结构,提出优化资本结构的建议。该建议可以使企业资金能够良性循环,降低企业资金成本,减少财务风险,大幅度提升企业整体市场价值。

The capital structure of an enterprise affects its business decision-making and long-term sustainable development,balances its income and risk level,and minimizes its risk when its income is maximum.Take DS Industry as an example to study the capital structure,analyze the rationality of the company’s existing capital structure,judge its capital structure risk,calculate the static optimal capital structure of the enterprise,and put forward suggestions for optimizing the capital structure.This proposal can make the enterprise capital circulate well,reduce the enterprise capital cost,reduce the financial risk,and greatly enhance the overall market value of the enterprise.