Research On Agricultural Listed Companies Contributed To Characteristic Agricultural Industry In Xinjiang

As the advantages of developing characteristics of agricultural products, the characteristic agriculture industry has made great progress in Xinjiang recent years, and it’s development level well increased. In this paper, based on the perspective of Listed Companies, we try to study how to further promote the development of characteristic agricultural industry in Xinjiang. With analysis of the correlation between Agricultural Listed Companies and agricultural industry, and it’s contribution to the development of characteristic agriculture industry, we discussed its characteristics of law, for promoting the development of the Xinjiang characteristic agriculture industry provides an objective basis.According to the purpose of the proposed study, this paper outlines the current situation and characteristics of agricultural development and Agricultural Listed Companies in Xinjiang; on the basis of previous studies, mainly from the relationship between Listed Companies and the agricultural development in Xinjiang, characteristic agricultural industry paper discusses how to fully improve Agricultural Listed Companies pulled level for characteristic agricultural industry. First, with grey correlation method to analyze the correlation of Xinjiang Agricultural Listed Companies and the characteristic agriculture industry. And the results can be seen in Xinjiang financial indicators selected Agricultural Listed Companies(except interest on behalf of the solvency coverage ratio) and characteristic agricultural industrialization, there is a strong correlation between earnings per share and in particular the net assets per share, gray correlation above 0.95, indicating that earnings per share and net assets per share and Xinjiang characteristic agricultural output value in the variation of the direction, amplitude and velocity of a strong consistency. Second, using multiple linear regression, analysis of contribution, after the first order difference time series is stable, explain and be explained variables with high stability, regression results show that the R2= 0.8713, on the basis of better explain the fit of the model of the sample data, the regression equation. Through stepwise regression and C-O iterative method to eliminate the effect of multicollinearity and autocorrelation, the results show that the operating profit margin, the multiple of interest safeguard, earnings per share and other financial indicators of Xinjiang agricultural output characteristic industry contribution was 12.66, 4.5687 and 12.66, respectively,the Agricultural Listed.Companies to improve the Xinjiang agricultural production drawing characteristic industry is very strong.Finally, from nurturing outstanding Listed Companies,optimize the industrial structure,characteristic agriculture puts forward five Agricultural Listed Companies in Xinjiang characteristic agricultural industry to promote the development of policy recommendations.