Abstract:The asset liabilities rate, l ong - term liabilities rate and l oan / cap ital rati o are used t o make cluster analysis of China’ s agricultural listed companies, the results show that the companies can be classified int o five types, that asset liability rate of China's listed companies is l ower, that the inner structure of liabilities is not reas onable, that fl owing liabilities level is higher and that long -term liabilities is l ower . Thus, agricultural listed companies should further op ti mize cap ital structure, restrict blind - funds - raising,and raise cap ital use efficiency . The government should further cultivate enter p rise bondsmarket to let agricultural enterp rise getmore opportunities t o obtain l ong and medium - term l oan