Welcome to Scholar Publishing Group

Socio-Economic Statistics Research, 2024, 5(1); doi: 10.38007/SESR.2024.050103.

Relationship between Enterprise Asset Structure and Enterprise Development Capability

Author(s)

Baifang Liu, Qian Li, Yukun Lin

Corresponding Author:
Baifang Liu
Affiliation(s)

School of Business, Beijing Language and Culture University, Beijing, China

Abstract

Asset structure, as a manifestation of enterprise asset allocation, has a direct impact on the operational efficiency, market competition, and development ability of enterprises. Good asset allocation can improve productivity, asset utilization, and facilitate easier access to financing for research and innovation projects, enhancing market competitiveness. This article explored the differences between enterprises in different industries by analyzing data samples from different industries and examining the relationship between enterprise asset structure and development capabilities. The results showed that the weight ratios of monetary funds, accounts receivable, and inventory also showed significant dispersion, indicating that there is an urgent need for optimization in asset allocation for enterprises. There were significant differences in current asset ratios, and some enterprises had excessively high current asset ratios, which may have a negative impact on the overall profitability of the enterprise. There were significant differences in the development capabilities of different enterprises, with some industries experiencing rapid growth while others are facing development difficulties. This article aimed to provide practical guidance for enterprise managers to optimize asset allocation, enhance competitiveness and profitability, and achieve sustainable development goals.

Keywords

Enterprise Development Capability, Asset Structure, Asset Allocation, Factor Analysis

Cite This Paper

Baifang Liu, Qian Li, Yukun Lin. Relationship between Enterprise Asset Structure and Enterprise Development Capability. Socio-Economic Statistics Research (2024), Vol. 5, Issue 1: 23-29. https://doi.org/10.38007/SESR.2024.050103.

References

[1] Dang H N, Vu V T T, Ngo X T,Hoang H T V. Study the impact of growth, firm size, capital structure, and profitability on enterprise value: Evidence of enterprises in Vietnam[J]. Journal of Corporate Accounting & Finance, 2019, 30(1): 144-160.

[2] Ariyani H F, Pangestuti I R D, Raharjo S T. The effect of asset structure, profitability, company size, and company growth on capital structure (the study of manufacturing companies listed on the IDX for the period 2013-2017)[J]. Jurnal Bisnis Strategi, 2019, 27(2): 123-136.

[3] Xin X, Miao X, Chen Q, Shang T T. User participation, knowledge management capability and service innovation: e-commerce enterprises in the digital age[J]. Asia Pacific Journal of Marketing and Logistics, 2022, 34(4): 629-646.

[4] Zhang W, Meng F. Enterprise Digital Transformation and Regional Green Innovation Efficiency Based on the Perspective of Digital Capability: Evidence from China[J]. Systems, 2023, 11(11): 526-526.

[5] Li Juan. Reflection on Strengthening Enterprise Asset Management [J]. China Collective Economy, 2021.24 (7). 135-136.

[6] Xie Hui. Research on the Factors Influencing the Capital Structure of Listed Companies in the Power Industry [J]. Finance, 2023,13 (4): 737-744

[7] Li Ziwei, Ye Shanchen, Cai Qingli, Hu Huan. Exploring the Profitability of Enterprises under the Light Asset Operation Model - Taking Xiaomi Group as an Example [J]. Green Finance and Accounting, 2021, 5 (3): 4-4.

[8] Deng Peijie. Asset Structure, Enterprise Scale, and Enterprise Value: A Study Based on A-share Manufacturing Listed Companies [J]. Finance, 2023, 13 (3): 503-509

[9] Song P, Zhang H, Zhao Q. Innovative credit guarantee schemes with equity-for-guarantee swaps[J]. International Review of Financial Analysis,2021,77(10): 101809-101809.

[10] Zhu L, Li M, Metawa N. Financial risk evaluation Z-score model for intelligent IoT-based enterprises[J]. Information Processing & Management, 2021, 58(6): 102692-102692.

[11] Ngoc N M, Tien N H, Thu T H. The Impact of Capital Structure on Financial Performance of Logistic Service Providers Listed on Ho Chi Minh City Stock Exchange[J]. PalArch's Journal of Archaeology of Egypt/Egyptology, 2021, 18(2): 688-719.

[12] Panda P, Mishra S, Behera B. Developing a research methodology with the application of explorative factor analysis and regression[J]. IOSR Journal of Business and Management, 2021, 23(4): 23-31.

[13] Arsyad M, Haeruddin S H, Muslim M, et al. The effect of activity ratios, liquidity, and profitability on the dividend payout ratio[J]. Indonesia Accounting Journal, 2021, 3(1): 36-44.

[14] Listiadi A. The Acceptance Effectiveness Through Accounts Receivable Billing Period Average[J]. IJEBD (International Journal of Entrepreneurship and Business Development), 2022, 5(4): 699-707.