Study Of The Performance Measurements Of Communications Manufacturing Listed Companies

As the intersection of manufacturing and high-tech industries, communications manufacturing has been developing increasingly in our country, whose status has also increased. Through years of development, China’s telecommunications equipment manufacturing has insisted on combining technology introduction and independent development. It has formed a relatively complete industrial system. Its industry chain has gradually improved, and its ability of independent innovation has improved significantly. A number of internationally competitive enterprises have sprang up, like Huawei and ZTE. Communications manufacturing has been expanding and has become a pillar industry of electronic information industry. High-tech and high-innovation have always been considered as the characteristics of the communications manufacturing. In order to master the intellectual property, the enterprises have put their intention in R&D part. So communications manufacturing has the characteristics of rapid technological innovation. Therefore, studying the performance measurements of communications manufacturing listed companies from the perspective of considering innovation factors, can help us have a systematic understanding of the operation of communications manufacturing listed companies.This paper includes below contents:(1) Introducing the aim, contents and method of the study, the research framework and innovation point;(2) Introducing the basic theory of the performance measurements and the related research at home and abroad;(3) Establishing the performance measurements research system;(4) Using factor analysis and support vector machine method to make the empirical analysis of performance measurements of communications manufacturing listed companies;(5) Analysis of the performance measurements of communications manufacturing listed companies, and policy recommendations;(6) Conclusions.A qualitative analysis and empirical research will be used in this research paper to comprehensively evaluate the performance of the communications manufacturing. Under the premise of innovation factors, this paper will establish the index system reflecting the performance of listed companies in communications manufacturing, combining the financial and non-financial indexes. It uses factor analysis and support vector machine model to do the empirical analysis and establish the performance evaluation model of the performance of the listed companies in communications manufacturing. The27listed companies in communications manufacturing in this paper can be divided into two categories with the use of the performance evaluation model.The results show that support vector machine has a good application of the communications manufacturing in the listed companies’performance evaluation. With the comparison of the two types of the listed companies in communications manufacturing, the factors which have greater impact on the performance are the innovation capacity index, profitability indicators and working capital turnover rate. At the same time, according to the empirical analysis results this paper puts forward some related suggestions to improve performance of the listed companies in communications manufacturing.