On Financial Safety Of Enterprises: Overcapacity

Whether capacity is surplus or not depends on production capacity and total supply, and more importantly, how much demand is there.

We talked about corporate financial safety evaluation - debt security. We say that because short-term debt paying ability is the biggest threat to the financial safety of enterprises.

Also speaking, in our country, the ratio of enterprise debt cases is 20%, so how can our enterprises do overcapacity if the excess capacity increases the high liabilities?

The huge investment of 4 trillion yuan to deal with the global financial crisis has reached the end of the "investment multiplier", and a large number of production capacity has been piled up.

In addition, the central bank's excessive issuance of loans has also pushed up the price of CPI.

At the end of 2000, the stock of M2 in China was 13 trillion yuan, and by the end of 2011, M2 was 85 trillion yuan, an increase of more than 6 times.

In the same period, GDP grew by only 4.7 times.

The ratio of M2 to GDP is 1.89 times, while the same ratio is 0.64 times that in the United States.

The excess currency then pushed up social loans, artificially created many debt platforms, and created a large number of inefficient production capacity.

Statistics show that the capacity problems of China's major industries have been fully exposed. Power generation equipment, steel materials, cement, construction equipment, electrolytic aluminum, automobiles, machinery, photovoltaic, coal and so on have seen a large number of overcapacity.

The IMF warned that China is facing a serious overcapacity situation and its capacity utilization is only 60%.

The current industrial utilization rate in the United States is 78.9%, while the peak period of the financial crisis is 66.8%, which means that China's productivity is not as high as the peak of the 2008~2009 financial crisis.

Optimistic management consultants believe that China's

It is not serious. As a result of maintaining more than 7.5% growth rate, only 20% years of excess capacity can be digested in 1~2 years.

But the question is, if

Continued decline, rigidity of high debt costs

And the continued decline in revenue, some companies with too many idle capacity are facing heavy financial pressure. I am afraid they will not be able to get through for a year.

Overcapacity and high inventory coexist, resulting in extremely uneven input and output. If there is no effective adjustment, some industries will suffer heavy losses.

Therefore, many enterprises in 2013 faced the problem of "seeking money" to accelerate development. Instead, they sought to speed up the digestion of excess capacity in order to effectively restore the dynamic balance between input and output.

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At 7 a.m. every day, a group of car inspector handed over his cell phone to the foreman in Nanjing's East depot Xuzhou downlink workshop, one by one, and handed it down to the foreman by the head of the Department, and then placed it in the mobile phone safekeeping box, then started the roll call and began the on-site maintenance work of the railway freight car.

During this period, the safety management measures of employees' centralized cellphone keeping during the period of duty were triggered by thousands of waves in the workers.

The reason for this measure is that the leading body of the workshop believes that with the rapid popularization of mobile phones in modern life, the behavior of Habitual Violation of mobile phones such as cell phones and on-site cell phones during the shift to a certain extent exists, while the locomotives on the railway inspection sites are moving back and forth. The violation of regulations is very easy to cause workers to physically invade the line limits and directly lay hidden dangers for workers' personal safety.

For this reason, the "centralized management of mobile phones for railway inspection staff on duty" has been formulated, and the mobile phone system can be well managed to ensure the safety of workers.

For workers, "there is something urgent at home, who can not contact me?" and so on. The workshop clearly pointed out that if there is something urgent in the staff's home, it is necessary to contact the staff and workers, and can call the workshop to set up three 24 hours all day long to pick up the fixed telephone.

At the same time, the workshop implements the system of checking the centralized storage of mobile phones, and the workshop management checks the attendance of the teams on the same day, checks whether the mobile phones are centrally stored, and eliminates the "missing net".

When going deep into the field monitoring and inspection, the management found that when the staff played the mobile phone while they were on duty, they would strictly carry out the responsibility and give some economic assessment.

Generally speaking, employees have the right to carry their own mobile phones, but the fourth provision of the labor law stipulates: "employers should establish and improve rules and regulations in accordance with the law to ensure that workers enjoy the right to work and perform their labor obligations."

If the enterprise stipulates in accordance with the rules and regulations formulated by the law: employees are not allowed to bring mobile phones into the workplace, there is nothing wrong with this regulation.

However, there are two problems to note: first, the rules and regulations of the employing units must conform to the procedures of making and promulgating by law, so as to produce legal effect.

According to the fourth article of China's labor contract law, when employing units in formulating, modifying or deciding on rules and regulations or important matters, they should discuss with the staff congress or all the staff, propose proposals and opinions, and make an equal consultation with trade union or staff representatives.

Rules and regulations that directly relate to the personal interests of employees should be publicized or communicated to employees.

In the process of implementing rules and regulations, the trade unions or employees consider that the rules and regulations of the employing units are inappropriate, and they have the right to propose to the employer and make amendments through negotiation.

Two, we should pay attention to protecting workers' privacy.

The custodian can not answer or glance at the employee's mobile phone at random, nor can he force the body to check the mobile phone.

China's Constitution clearly stipulates that the personal freedom of citizens is inviolable, and the personal rights of citizens are protected by law.

Only investigators of public security organs or procuratorial organs can conduct searches after showing the search warrants to the persons being searched. It is illegal to search any citizen's citizens without the search warrants.

The provisions of the Ministry of public security on the standardized management of security service companies have strict restrictions on the terms of reference of security: security personnel shall not deprive or restrict the personal freedom of citizens; they shall not search other people's body or detain legal documents or lawful property of others; they shall not abuse or beat others or abet or assault others.

According to the law, administrative punishment can be imposed on those who insult or illegally search workers, and if they constitute a crime, they can be investigated for criminal responsibility according to law.