Research on the relationship between coal enterprise’s assets, capital structure matching and profitability

Profitability is one of the most important indicators of company management.The structural matching of assets and capital directly affects the profitability of an enterprise.China is the largest coal-producing country in the world today.Coal output accounts for over 50% of the world’s total.China’s coal industry occupies a pivotal position in the secondary industry of our country.In the process of deepening supply-side reform, the focus of the coal industry is going to capacity and optimization and upgrading of industries.From the aspect of coal enterprises, the key to long-term and high-quality development is to coordinate the relationship between the matching of asset and capital structure and profitability.This paper selected data from 2006 to 2016 China’s 20 coal listed companies for empirical analysis.An empirical analysis of the relationship between indicators is made that reflect the matching of assets and capital structure and profitability .This provides a theoretical reference for optimizing the assets of coal enterprises, capital structure matching, improve profitability.