China's Listed Companies In The Interim Financial Report The Predictive Value Of Research

The interim financial report is an important tache of information disclosure system of stock market. The Chinese listed companies have more than ten years history of interim financial report, at this period, there has been a significant progress in the development of the report criterion. However, there are still some problems in the disclosure process of interim financial report, such as untimely, trustless or inadequate information disclosure, as a result, it devalues the prediction effect of interim financial report.This paper firstly introduces the meaning and basic theory of the interim financial report, then analyses prediction values which is affected by different way of making the report, and finally get the conclusion by demonstration analysis which uses the real data of Chinese Shenzhen Stock Market's 111 listed companies to predict the medium financial report. Based on it, it analyses the reasons that cause the low the prediction value of Chinese listed companies' interim financial report and puts forward the countermeasure of how to improve the prediction value.