The Study Of Synthetical Performance Appraisal About Textile Listed Companies

Textile industry in China is one of considerable height and degree of dependence onforeign labour-intensive industries, is also a major pillar of our industry.China is the world’slargest exporter of textile and clothing production and, textile and garment exports continuedto grow steadily to ensure that China’s foreign exchange reserves, the balance of payments,exchange rate stability, addressing social employment and the textile industry are essential forsustainable development and so on comprehensive evaluation of listed companies of textileindustry is significant.Current methods of performance evaluation of listed companies in China there are manyselection of key indicators, different indicators reflect the situation of enterprises, and how toselect suitable indicators on enterprises for objective and impartial evaluation of a major focusof study is the world has not stopped, particularly on the study of non-financialindicators.Because it involves many stakeholders of listed companies, not only on financialinterests will affect the development and survival of the company, there are also non-financialfactors, which has a serious impact on enterprise development.First of all, this article on the company to detail the performance evaluation of thesituation at home and abroad, and explained its rationale and the methods of evaluation.Frommacro-economic regulation, exchange rate, and its related policies, related industries andcompetitive landscape to a detailed analysis of the textile industry.Last is the empiricalanalysis, on 41 performance evaluation of listed companies of textile industry, has selected 18indicators, respectively, by using principal component analysis method on Enterpriseprofitability, solvency, management capacity for analysis and ranking, last to analyze the totalindex ranking, and you find that comprehensive evaluation index, dominated on theprofitability in the company’s performance.