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随着去年集团公司成功上市,为了降低公司融资成本、提高公司整体价值,随之而来面临选择不同的融资方式值得思考。在市场经济体制中,外部融资是公司通过一定方式向公司之外的经济主体筹集资金,包括股权融资、债权融资。其中,上市公司常用的股权融资方式有首次公开发行(IPO)、增发、配股等,常用的债权融资方式有银行借款、普通公司债券融资以及可转换债券融资。本文将具体阐述不同的融资方式,同时进行成本比较、风险比较,希望能为上市公司在融资决策时,在节约成本,规避风险,完善治理和提高效率几方面提供参考,使上市公司资本结构得到优化。
With the successful listing of the group companies last year, in order to reduce the company’s financing costs and improve the overall value of the company, the ensuing face of different financing options are worth considering. In the market economy system, external financing is the company through certain ways to raise funds outside the company’s economic entities, including equity financing, debt financing. Among them, common equity financing methods for listed companies are initial public offering (IPO), issuance of new shares and rights issue. The commonly used method of debt financing includes bank borrowings, general corporate bond financing and convertible bond financing. This article will elaborate on different ways of financing, at the same time cost comparison, risk comparison, hoping to provide reference for listed companies in financing decision-making, cost savings, risk aversion, improve governance and improve efficiency several aspects of the capital structure of listed companies get optimization.