Research On The Growth Evaluation Of The Listing Corporation Of Textile Industry Company In The East And West Of China

In the“Twelfth five-year”period,under the strategic goal of "transfer mode, adjust structure, steady growth", the textile industry maintained a steady growth and achieved evident achievements with further optimization of industrial structure,strength of innovation ability and the new breakthrough of brand construction.The upcoming "textile industry much starker choices-and graver consequences-in” development plan explicitly proposes to introduce a number of key projects, and promote six intelligent production line of transformation and upgrading of the textile industry, realizing development train of thought of the science and technology and the fusion depth of textile industry. However,there is an obvious regional development imbalances of textile industry in China,about80% of the enterprise and capacity concentrated in the eastern region, the textile industry of the central and western underdeveloped regions in economic developing slowly and undertaking industrial transfer and transformation and upgrading facing many uncertain factors. Under such a background, this paper, selecting the listed textile companies which listed in Shanghai and Shenzhen as samples, evaluated the growth of listed companies in east and west of China,which has important practical significance to quicken the transfer of textile industry,promote the complementary advantages and harmonious development and maintain and improve the international competitiveness of our textile industry, realizing the shift from textile powers to textile power.This paper firstly reviewed domestic and foreign scholars`s research status of enterprise growth, then elaborated the enterprise growth theories,built 13 evaluation index from two micro factors as independent innovation ability and financial management ability based on the combination development status and influencing factors of textile industry in eastern and western areas and constructed the evaluation model reflecting the growth of listed companies according to the growth evaluation index system.On this basis, this paper,selecting 61 textile companies listed on Shenzhen and Shanghai Stock Market in east and west, made the descriptive statistics analysis:ordered obtain samples`s growth using factor analysis method and drew the conclusion that the growth of the listing corporation in the East and the west of China is not balanced. At the same time, the paper used the open class method to longitudinally analyze the textile company growth in eastern and western year after year,drawing the conclusion that the growth of listed companies oftextile industry were vulnerable to economic policy actively.In addition,made the contrastively analysis the growth of the textile listed companies in the west and east which were in the same period of mature.It was concluded that the growth of eastern textile listed companies which were in the mature period was higher than that of western region as a whole,but in terms of growth quality factor,the growth of western textile listed companies was higher than that of eastern region,and the result of two areas were little changed in the term of growth efficiency. Finally,put forward the corresponding countermeasures and suggestions according to the qualitative analysis and the empirical results from the government and the listed company itself aspect.