What kind of financial strategy should a mature enterprise adopt?

(1) financing strategy. When the enterprise matures, it can adopt a relatively radical fund-raising strategy. Aggressiveness is relative to the stability of the first two stages, which means that relatively high debt ratio can be used to effectively use financial leverage. In the mature period of the enterprise, the business risk is correspondingly reduced, so that the enterprise can bear moderate financial risks, and at the same time, the enterprise begins to have a large amount of positive cash flow. These changes make enterprises start to use debt instead of just equity financing. For mature enterprises, as long as the increase of financial risk caused by debt financing does not produce high overall risk and the enterprise maintains a relatively reasonable capital structure, debt financing will bring financial leverage income to the enterprise and improve the return on equity capital.

(2) Investment strategy. In the mature period, enterprises can adopt the strategy of moderate diversification investment, that is, release the strength of enterprise agglomeration through various channels to realize the sustainable growth of enterprises. Through the implementation of diversification strategy, enterprises can choose to enter new business areas with similar business characteristics, occupy more markets, open up new markets, or avoid the single risk of operation, break through the constraints of life cycle and find ways to continue to grow.

(3) Dividend distribution strategy. In the mature period, the enterprise has sufficient cash flow, strong financing ability, and can raise the funds needed for operation at any time. The capital accumulation scale is large, the dividend payment ability is strong, and the investor's income expectation is strong. It is appropriate for the enterprise to adopt the dividend distribution strategy of high cash dividend payment at this stage.