A Study On Profit Characteristics Of Listed Companies In China

The main contents can be induced into 3 aspects in this thesis: First, Chapter one sets up and analyzes the mathematics model of the profit ability of the listed companies. Second, through the model, Chapter two deals with the profit ability of listed companies in China through some facts. Finally, Chapther three focuses on the relationship between the profit ability and the cash flow. Generally speaking, it consists of the following three parts.In the first part, we can find out one or as few as possible comprehensive standards to measure synthetic profit ability of the listed companies through the factor analysis. In the process of this analysis, it has analyzed different characteristics in earnings of different kinds of companies through judging the influential degree of primitive index X to synthetic index F and combining the inside value of each financial index.In the second part, we have gone on factor analysis by the primitive indexes X1, X.2, X3, X4, X5, X6, and withdraw the main composition according to the request, finally we get the points of synthetic evaluation that evaluates the synthetic profit ability of listed companies. On the basis of this, the influence degree of the primitive index to the points is anti-released,and we can analyzes the inner characteristics in earning of different kinds of listed company .In the third part, we analyze plus and minus relationship on cash flow in the current Chinese listed companies. Based on this, the direct connection between cash flow in the company operation and the profit ability of the company can be proved. Then we keep on analyzing the relationship of net profit, cash flow that were produced in operation, investment, raising funds of total listed company and different earning kinds of company. Finally we can arrive at the conclusion about the influential degree of the cash flow produced in operation, investment and raising funds to the sum of net profit obtained by companies.