Issue |
SHS Web Conf.
Volume 170, 2023
2023 International Conference on Digital Economy and Management Science (CDEMS 2023)
|
|
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Article Number | 03026 | |
Number of page(s) | 6 | |
Section | Enterprise Operation and Human Resource Management | |
DOI | https://doi.org/10.1051/shsconf/202317003026 | |
Published online | 14 June 2023 |
Correlation between asset structure and enterprise growth ability of listed automobile companies in China
Wanxiang Group, China
* Corresponding author: kratoskratos@163.com
This research paper explores the impact of asset structure on the growth potential of listed automobile companies in China, given the critical role of the automotive industry in the country's economy and employment. The study uses a comprehensive index evaluation system to assess enterprise growth ability (GA) based on 17 evaluation indicators across six dimensions. The asset structure (AS) is evaluated based on total assets and current assets, and a multiple regression analysis is conducted to examine the relationship between asset structure (AS) and GA. The study finds that in the total asset structure (AS), the proportion of current assets is positively correlated with GA, while the proportion of fixed assets is negatively correlated. Intangible assets are slightly negatively correlated with current GA but positively correlated with future GA. In the current asset structure (AS), the proportion of monetary capital is positively correlated with GA, while the proportion of inventory is negatively correlated.
© The Authors, published by EDP Sciences, 2023
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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