Analysis for Enterprise Financial Distress in Southern Hunan Province and Its Countermeasures ---Case Study on Jingui Silver Industry and Hunan Chendian International
- 10.2991/meici-17.2017.84How to use a DOI?
- Southern Hunan Province; financial distress; Jingui Silver Industry; Hunan Chendian International
Since the outbreak of global financial crisis caused by the sub-prime crisis in the United States, the world economy is still at the recovery phase. China has also been deeply influenced. In recent years, China's GDP is growing up slowly, while the general economy is falling down. Under such big market environment, many listed companies are facing with the ST circumstances in terms of finance. Of course, the financial distress of a company may not only be influenced by external environment, but also many other internal reasons. Therefore, in order to help companies get out of the distress, it is extremely important to analyze the financial distress. Taking Jingui Silver Industry and Hunan Chendian International as objects, this paper analyzes the enterprise financial distress in Southern Hunan Province and its countermeasures through extracting the financial statement data analysis in 2015-2016.
- © 2017, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xiao YuanÂ AU - Zhou Likun AU - Zeng Hui PY - 2017/10 DA - 2017/10 TI - Analysis for Enterprise Financial Distress in Southern Hunan Province and Its Countermeasures ---Case Study on Jingui Silver Industry and Hunan Chendian International BT - Proceedings of the 7th International Conference on Management, Education, Information and Control (MEICI 2017) PB - Atlantis Press SP - 443 EP - 447 SN - 1951-6851 UR - https://doi.org/10.2991/meici-17.2017.84 DO - 10.2991/meici-17.2017.84 ID - YuanÂ 2017/10 ER -