The Agriculture Listed Company Finance Quality Research

The reform and opening-up policy has more than 30 years until now, our country capital market constant development and improvement. Finance quality analytical of listed company will be helpful to the investor rationality investment, guides the superintendent to carry on the effective regulation to company's developmental strategy, to promote enterprise raises the internal control efficiency, to enhance listed company's core competitiveness and so on. The present paper research aims at the agriculture listed company defers to the scope which the ` Listed company profession classification direction ' stipulated to divide. This classified direction will locate the profession division of listed company to 13 broad headings completely, the agriculture listed company is the first broad heading agriculture, forest, herd, fishery and farming and forestry herd fishing service industry, what refers to is engaged in the crop production, the forestry, the animal husbandry, the fishery and the farming and forestry herd fishing service industry sub-profession listed company in the Shanghai and Shenzhen share market, but food industry and beverage industry not including.This article uses the standard research and the empirical study unify, the qualitative analysis and the quantitative analysis unify, discuss the financial quality's concept, the intrinsic characteristic, the apparent characteristic, the influencing factor, the quality synthetic evaluation indicator system, the quality synthetic evaluation model, the appraisal system and the model synthesis using and so on. First, I have consulted massive domestic and foreign literature to define the financial quality conception, summarizes and conclude the security of financial quality, the growth potential, profit making these three characteristic, as well as property quality, credit capacity, profit ability, growth ability these four apparent characteristics. Then take the annual report data of agriculture listed company in 2009 of our country as an example, use main financial norm general contrastive analysis and the factor analysis method in listed company's financial quality appraises objectively. Based on the factor score, uses the contrastive analysis, the regression analysis, the average value analysis, listed company's financial quality and the influence primary factor inquired into one by one. And possess the sample company to divide into the agriculture, the forestry, the animal husbandry according to its respective profession and the raising of poultry industry, the fishery, the grain and feed processing industry these five sub-professions. Carries on the contrastive analysis, discovers during the sub-profession the comparison superiority and the insufficiency. For better understanding of present situation in agriculture listed company's finance quality.