本文分析了中关村新三板企业的偿债能力和营运能力,并与全国新三板企业进行了对比分析。偿债能力分析包括长期偿债能力分析和短期偿债能力分析两部分,具体包括资产负债率、流动比率、速动比率、现金比率等指标。营运能力分析包括四个角度:流动资产、固定资产、无形资产、总资产,共计7个指标。报告结果显示,中关村新三板企业的长期偿债能力和短期偿债能力都较强,但企业多通过股权融资方式获得资金,债权特别是长期债权手段使用不足。此外,中关村新三板企业的无形资产的营运能力较为突出,整体资产营运效率同样处于中高水平。
<<This chapter analyzes the solvency and operating capacity of Zhongguancun NEEQ Enterprises,and makes a comparative analysis with the national NEEQ Enterprises. Solvency analysis includes Long-term solvency analysis and Short-term solvency analysis,including asset-liability ratio,current ratio,quick ratio,cash ratio and other indicators. The analysis of operating capacity includes four aspects:current assets,fixed assets,intangible assets and total assets,with a total of 7 indicators. The report results show that the long-term solvency and short-term solvency of Zhongguancun NEEQ Enterprises are strong,but the application of leverage is insufficient,which affects the profitability of enterprises. In addition,Zhongguancun NEEQ Enterprises have weak operating capacity of current assets and low efficiency of current assets management,while fixed assets and intangible assets have stronger operating capacity and stronger liquidity.
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