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理论上的融资能力包括内部融资能力、债务融资能力和权益融资能力,学者们也采用了不同的财务指标反映出不同渠道的融资能力。利用熵值法和动态评价分析方法,对中国财产保险市场2007年～2010年数据进行了动态分析,从而得出了各财产保险公司综合融资能力的排序。结论表明,规模较大的公司在综合融资能力方面没有明显的优势。就各个融资渠道进行分析,发现债务融资对综合融资能力的影响最大,而利润较高的公司具有较强的内部融资能力,大公司则具有较强的债务融资能力和很低的权益融资能力。根据2007年～2010年4年的发展趋势来看,外资公司的综合融资能力不断降低,大公司综合融资能力则不断提高。
The theoretical financing ability includes the internal financing ability, the debt financing ability and the equity financing ability. The scholars also adopted different financial indicators to reflect the financing ability of different channels. Using entropy method and dynamic evaluation method, the data of China’s property insurance market from 2007 to 2010 are analyzed dynamically, and the ranking of comprehensive financing ability of property insurance companies is obtained. The conclusion shows that larger companies have no clear advantage in terms of overall financing capability. After analyzing the various financing channels, it is found that debt financing has the greatest impact on the comprehensive financing ability, while the companies with higher profits have stronger internal financing ability while large companies have stronger debt financing ability and lower equity financing ability. According to the development trend from 2007 to 2010, the comprehensive financing ability of foreign-funded companies is declining and the comprehensive financing ability of large companies is increasing.