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The Performance Of Listedcompanies Inchina’s Agriculture

Posted on:2015-06-05Degree:MasterType:Thesis
Country:ChinaCandidate:Y AnFull Text:PDF
GTID:2309330434459973Subject:Accounting
Abstract/Summary:PDF Full Text Request
China’s agriculture has been the focus of state and government concerns. Agriculture is the foundation of the national economy,"three rural" issue is a top priority of China’s economic work, related to the overall development of the national economy, in2014the central document again stressed the need to strengthen the foundation of agriculture. On the Chinese stock market, industry sector agricultural listed companies occupy an important strategic position, represents the advanced productive forces in agriculture, promote agricultural modernization in the transition to the flood played a leading role in the vanguard. However, due to the challenges of natural disasters, the financial crisis and foreign competitors, the development of China’s agriculture ups and downs. Agricultural listed companies back in agriculture, transformation, common occurrences illegal, gradually revealed small-scale, the development of instability, economic performance is not optimistic and other defects, with the rapid development of capital markets, the proportion of agricultural listed companies is not only not declined, decline in overall operating results, and even set off a delisting climax. Performance evaluation of the impact of agriculture found by the performance of listed companies in the cause, and then through targeted measures to improve its performance of listed companies to improve the sustainable development of agriculture has important theoretical and practical value.First describes the background, purpose and meaning, summarized and analyzed the relevant literature, describes the listed companies’ financial performance evaluation theoretical basis to provide theoretical support for the evaluation of the performance of this article. Secondly, the current development of China’s agricultural listed companies and the performance evaluation analysis of the problems, on this basis, based on empirical analysis factor analysis of42in Shanghai and Shenzhen listed companies Agriculture2010-2012financial performance, the results showed that:China’s agriculture is poor overall performance of listed companies, were "two small, the middle " of olive distribution; Agricultural Listed Companies "back farming" is serious, the uneven development of various sub-sectors; agricultural listed company’s growth, cash flow capacity and low levels of solvency. Finally, internal management and external environment proposed to enhance the performance of listed companies in the following agricultural countermeasures and suggestions strengthen enterprise management, improve business performance and profitability; controlling debt levels, improve solvency; rational allocation of resources, improve operational capacity; strengthening technological innovation, foster quality agricultural brand, enhance the development of space; focused on the development of the child is weak capacity, the ability to form a balanced and reasonable structure; government should actively create the external environment and create favorable conditions for the development of agricultural listed companies; encourage agricultural optimization and reorganization of listed companies, promote strategic alliances between enterprises, and ultimately win. Hope that helps agricultural listed companies to find the gap between ourselves and explore the potential to improve enterprise management level, and promote the healthy development of agricultural listed companies to achieve national agricultural industrialization ambitions.
Keywords/Search Tags:agricultural listed companies, performance evaluation, factoranalysis, suggestions
PDF Full Text Request
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