Analyze The Level Of Chinese Industrial Enterprises’ Economic Benefit

Evaluating economic benefits of China’s industrial enterprises is an important benchmark for the Government strengthening macro-control, improving industry management and company self-assessment. With public financial data, this article builds a set of indicators of economic benefit and evaluation method of industrial enterprises. Based on time series data, the methodology is suitable for dynamic evaluation of economic benefits.In order to establish the industrial enterprises’ evaluation indicators system, this article uses analysis methods and design principles to select16economic indicators from the24financial indicators, which come from the statistical data of the "China Statistical Yearbook" and the "China’s Industrial Economic Statistical Yearbook". By using SPSS software and the model indicators, we analyze the level of39industries’ economic benefits in2006-2010.Then, using the TOWA to integrate the five-year factor scores into the final score, in the economic evaluation, which we assess and compare each industry’overall economic situation by.According to the level of final score and growth rate of industrial numbers, we put the39into four categories through a micro and macro point of view:the industries with good economic benefit and development of fast-scale are mainly in the mining and resource processing industries; the industries with good economic benefit and development of slow-scale are more livelihood-related industry, people demand stability, but lack of core competitiveness and the rate of expansion is slow; the industries with poor economic benefit and development of fast-scale mostly are the traditional manufacturing, they have some problems with presence of high energy consumption, high cost, low efficiency; the industries with poor economic benefit and development of slow-scale includ petrochemical manufacturing and production of consumer goods industry, they have strong connections with each others on development and low economic benefit.Finally, according to research findings, the article recommends some measures to improve industrial economic benefits.