›› 2018, Vol. 18 ›› Issue (3): 84-90.

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Research of Financial Performance for Listed Company in Anhui Province Based on Factor Analysis

WANG Chun   

  1. (School of Finance, Anhui University of Finance & Economics, Bengbu, Anhui 233000,China)
  • Received:2017-09-24 Online:2018-06-20 Published:2018-06-06

基于因子分析的安徽省上市公司财务绩效

王纯   

  1. 安徽财经大学 金融学院,安徽 蚌埠 233000
  • 作者简介:王纯(1993—),女,安徽财经大学金融学院硕士研究生,研究方向:银行经营与管理。
  • 基金资助:
    国家自然科学基金项目“制度逻辑、包容性领导与企业成长战略的形成与作用机制研究”(71472001)

Abstract: Financial performance reflects the basic operational situation of listed companies. Based on the comprehensive financial data of listed companies in Anhui Province, listed companies are ranked and classified. By using principal component analysis in multivariate statistics to represent the financial performance of listed companies, profitability, operating, growth and solvency indicators can be got, using factor analysis method to deal with the data to get the comprehensive strength of the listed company. According to the score, the SFexpress Holding Company, the OPPLEL Company appear in a certain factors such as rank of comprehensive rank of listed companies, but these companies on some single factor rank unsatisfactorily at the same time. Overall, the operating performance of listed companies in Anhui Province quality is better, but still have development space.Ward clustering analysis results also verify the results of factor analysis. Finally, a detailed analysis of the development of enterprises in Anhui Province is made and some suggestions on quantitative and qualitative analysis results are given.

Key words: listed company, financial performance, factor analysis, Ward clustering analysis

摘要: 财务绩效水平反映了上市公司财务管理的基本情况。以安徽省上市公司为样本,通过主成分分析选取盈利、运营、成长以及偿债指标,利用因子分析方法得到上市公司的排名。结果表明:顺丰控股、欧普康视等综合实力靠前的上市公司也有优劣因子之分;整体上,安徽省上市公司的经营绩效质量较好,仍有发展空间。Ward聚类分析的结果验证了因子分析结果,并提出参考建议。

关键词: 上市公司, 财务绩效, 因子分析, Ward聚类分析