The Analysis Of The Lisied Bangking Impact Factor Based On Financial Information

This paper mainly studies on the financial information factors that affect the listed banking stock price and do an empirical study on the relationship between the fundamentals of the listed banking and stock prices. In this paper, I use qualitative analysis and quantitative analysis, normative analysis and empirical analysis,and empirical analysis mainly used.First, this paper introduces the concept of stocks, stock price and banking, describe the main theories of stock price movements and two methods of stock price analysis, puts forward and evaluates various stock pricing models,and clears that the models used in this article.Secondly, this paper analyzes the total status and trends of the listed banking stock. By analyzing, this paper proposes three problems of the listed banking shares in China: price deviate from the value, the macroeconomic environment have a great impact on stock price and there is great gap between the big international banks and listed banging in China.Thirdly, this paper has analyzed the theoretical between financial condition factors and the listed banking stock price. These factors include: financial condition of the listed banking, moneytary policies, financial policies, GDP changes, price changes, industry conditions and other factors. Other factors except financial condition we call financial inviornment factors.Finally, this paper conducts an empirical research between fundamentals of listed bangking and stock price, These fundamental factors include: profitability, asset quality, liquidity, corporate governance and innovation. I use back technique stepwise regression of SPSS12.0 to arrive at a regression equation, regression results show that: relationship between the capital profit rate, provision coverage and stock price are weak positive correlative; relationship between top two shareholders rate and stock price is strong positive correlation; relationship between equity ratio of total assets, the first major shareholder equity ratio, net non-interest income ratio and stock price are weak negative correlative; relationship between assets profite rate, non-performing loans, deposits and loans ratio, capital adequacy, core capital adequacy ratio, proportion of tradable shares and stock price are not significant.Through the analysis of empirical, this paper proposes recommendations to the government, the listed banking and investors.