Analysis Of The Investment Value Of Listed Companies

This paper to the background of China's securities market, by analyzing the Shanghai and Shenzhen stock investment in the idea of change, as proposed by China's securities market to gradually standardize the operation of the direction of development, value-investing philosophy will become the mainstream concept of the investment market, while at the same time The market will also be accompanied by changes are as follows: First, the rising and falling down of different stocks of will be different by the changes of the value of their stock; Second, the stock of high exchange rate will change into stable exchange rate; Third, The purposes of the investors will change from simplely obtaining the capital gains access to the combination of the capital gains and dividends. By analyzing the current domestic and foreign investments, combined with the specific situation of China's securities market, the paper try to market indicators commonly used to proceed, according to the domestic listed companies from the new features of the current financial point of view of the selected targets in the use of statistical factor analysis, The establishment of a market value of the company's quantitative model. The use of multiple regression analysis, a listed company on the current price forecasts to help investors in the market looking investments that have real value and the stock price that is too low, so that not only access to capital gains, dividends can also get the dividend. From the dynamic point of view, through the fitting method, the company's next annual value of the investment was forecast to enable investors to be able to discover the next high-growth, investment highlights the value of the listed companies, early intervention, healthy profit.In this paper, by the following four components:Part I: Introduction. A listed company on the analysis of the value of the investment research background, purpose and meaning; domestic and foreign investment value of listed companies on the analysis of the situation and study the content of this article and methods.Part II: an overview of the stock value of the investment analysis and analytical tools. Investment value of listed companies outlined in the analysis, and to define the concept. At the same time, analysis of the common shares of listed companies in our valuation model, as well as the stock market on the utility and limitations.Part III: An Empirical Analysis. Complete analysis of the value of investment companies, including macroeconomic analysis, industry analysis and company analysis. Analysis of the value of the investment in the company, is the first of macroeconomic analysis, which focused on macro-economic environment and economic growth, it is the industry background and analysis of the premise. Next is the industry analysis, based on macroeconomic analysis, industry growth, cyclical and competitive analysis of the status quo and change, the last on this basis, from 20 industries to select 40 listed companies, access to the Data used in the statistical factor analysis and multiple linear regression method, namely the establishment of a listed company's investment in the value of quantitative models and investment in the existing price model they use to calculate the value of investments in listed companies and investment in the current price of investment Provide the basis for investment.Part IV: Investment Value of Listed Companies in the future empirical analysis and forecasting. Shares of investment is a long-term, investors need to know not only the present value of listed companies, but also know the value of its investment in the future. Part of the data collected through the use of the fitting method for selecting the listed companies in the coming year the investment value of the forecast.