Comparative Analysis Of China’s Listed Agricultural Companies Profitability

Agriculture is the foundation of the national economy, the national socio-economic and political stability, the use of capital markets to accelerate agricultural modernization has become a consensus, but a long downturn in agricultural companies listed on capital efficiency, weak profitability, or even forced mergers and acquisitions, restricting the development of modern agriculture. Agricultural listed companies at this stage of the agricultural industry as a "leader" for agricultural production to provide a certain amount of financial security, alleviate the problem of insufficient long-term investment, so the paper selected industry sectors Sina60agricultural listed companies panel data for2012, using principal component analysis, comparative study of agricultural enterprises listed on the profitability and further ranking, decision-making reference for investors; and in three areas of the profitability of listed companies in China’s agricultural comparative analysis:the first rank to each factor based on comparative analysis and evaluation various agricultural profitability of listed companies; second classification method according to the Commission of Agriculture is divided into five sections listed companies, the profitability of a comparative analysis between the plates; third agricultural and non-agricultural sectors listed companies listed company’s overall profitability comparative analysis. Since the reform and opening up the development of animal husbandry in China has made remarkable achievements, we can see an important role in the economic development of animal husbandry in. In the study, few scholars discuss the profitability of livestock enterprises, this article will livestock enterprise as the research object, and then select a representative animal husbandry sector enterprises Eagles farming, combined index analysis SCP paradigm and DuPont analysis comprehensive detailed evaluation. Finally, make policy recommendations to enhance the profitability of agricultural listed companies.