What are the contents of venture capital and enterprise financing cases?

In the process of starting a business, you need to invest money. No matter what industry, catering, clothing or some technology companies, from the beginning of the company's establishment, the general promoters will register their own companies. Although China's company law stipulates the capital limit of registered companies, companies can be registered with zero yuan, but companies without funds cannot survive for a long time, so the financing of enterprises is very important. So what are the case contents about venture capital and enterprise financing? First, the case of creating value in the second quadrant of venture capital and enterprise financing EVA >；; 0, the sales growth rate is less than the sustainable growth rate. In this quadrant, this business unit is in a mature stage, and the cash flow still has a surplus after meeting its own development. This situation is the best among the four quadrants, and enterprises should try their best to prolong this situation. What enterprises need to do is to maintain this situation as much as possible and how to make better use of cash surplus to create more value for enterprises. At this stage, the organizational structure of the enterprise has been improved, with rich management experience, increasing profits and sales volume, and extensive financing channels, but the asset-liability ratio and capital utilization efficiency are low, which makes the enterprise lack long-term profitability. Therefore, the best financing strategy for enterprises at this stage is debt financing, which can cooperate with equity financing. The methods that can be adopted are bond financing strategy and bond financing strategy with warrants. The case of bond financing. Jiangsu Sunshine is a listed company and a mature enterprise, with continuous growth in sales and profits and smooth financing channels. Although enterprises have abundant surplus accumulation, the best financing strategy of enterprises at this stage can be relatively radical. So in this case, Jiangsu Yangguan chose to issue convertible bonds for financing. In 2002, Jiangsu Sunshine raised funds for technical transformation projects and merger and acquisition projects, and issued convertible bonds of 830 million yuan. According to the characteristics of high rate of return, short investment period and quick effect of this project, the company chose the appropriate stock conversion period and issuance opportunity, which effectively reduced the risk of investors and thus ensured the interests of investors. Finally, Wuxi Branch of Bank of China was selected to provide five-year full guarantee to avoid corresponding risks. One year after the issuance of Sunshine Convertible Bonds, investors can convert them into shares according to their own needs. At this time, the investment projects raised by the company have basically begun to produce benefits. After completion, it will contribute 654.38+300 billion yuan of net profit to the company every year, thus ensuring the steady growth of earnings per share and net assets. In this case, the asset-liability ratio of Jiangsu Sunshine 200 1 at the end of the year was only 6.24%. After the company issues 830 million yuan convertible bonds this time, it is estimated that the asset-liability ratio is about 42%. On the one hand, the company has maintained sufficient solvency; On the other hand, the company's financial leverage has been fully utilized, and the return on net assets and earnings per share have increased substantially, avoiding the high risks caused by the long investment cycle. The third quadrant is the value created by EVA.