上市融资对国有粮油加工企业绩效的影响研究——以京粮控股和深粮控股为例

Research on the Influence of Listing Financing on the Performance of State-controlled Grain and Oil Processing Enterprises——Take Jingliang Holdings and Shenliang Holdings as Examples

以京粮控股和深粮控股为例,从盈利能力、营运能力、偿债能力和发展能力四个方面分析两家国有控股粮油加工企业借壳上市前后的财务绩效变化,发现上市融资给传统粮油加工企业的财务绩效带来正向结果。国有粮油加工企业应加快建立健全现代企业制度,借助我国股票发行全面注册制的实施,盘活资源,积极谋划上市,助力企业转型升级。

Taking Jingliang Holdings and Shenliang Holdings as examples,this paper analyzes the financial performance changes of two state-controlled grain and oil processing enterprises before and after backdoor listing from four aspects:profitability,operational capacity,debt repayment capacity and development capacity.It is found that listing financing brings positive results to the financial performance of traditional grain and oil processing enterprises.State-owned grain and oil processing enterprises should speed up the establishment and improvement of modern enterprise system,make use of the implementation of the comprehensive registration system of stock issuance in China,revitalize resources,actively plan listing,and help enterprises transform and upgrade.