Research On Financial Performance Of Energy Saving And Environmental Protection Listed Companies In China

In recent years,Chinese social and economic development has made brilliant achievements,while ecological destruction and environmental pollution,human survival and development has posed a real threat.It is an urgent and arduous task to protect and improve the ecological environment and realize the sustainable development of our society.In support of national policy and social concerns,all kinds of energy saving and environmental protection policies and measures have become the development trend of our civilization in China for having heard it many times,but because of energy-saving environmental protection industry started late,weak foundation,its development is faced with many problems,and scholars study on this industry is still in the preliminary stage,so it is necessary to make an in-depth study of this industry,in order to correctly evaluate and forecast of development of the industry.As one of the most important management subsystem,enterprise financial systems to support and optimization of the business and finance to good management of capital,capital,assets,is the enterprise to control the risk,reduce costs,increase efficiency,improve efficiency,one of the important ways to maximize value,so the financial performance evaluation of enterprise development strategy is not only an important tool,but also provide related information to the enterprise investors,investors can use this information to make investment decisions.So this article from the perspective of financial performance study of energy conservation and environmental protection industry,on the whole grasp the specific financial performance of the industry status,display energy conservation and environmental protection industry development situation and prospects,and other reference for enterprise managers or investors.This paper briefly introduces the comparison and analysis of evaluation theory and evaluation methods of financial performance,the advantages of leading factor analysis and its application in the field of performance evaluation,analysis and application of factor analysis system for China's energy-saving environmental protection industry's financial performance.This paper selects 13 financial indicators as the evaluation index system,with 142 energy saving and environmental protection of listed companies at the end of 2015,the financial data,factor analysis method to carry out the assessment and ranking of Listed Companies in China based on energy saving and environmental protection,energy saving and environmental protection and analysis of China's listed companies overall performance status.Then on the basis of the above,the listed companies will be divided into different regions,and thefinancial performance of the listed companies will be compared.Then select 61 companies,with the financial data of each quarter from 2008 to 2015 as the sample,based on the quarterly financial performance evaluation score,analysis of the overall trend of energy saving and environmental protection listed companies in recent years.Using gray correlation analysis method,analysis of the financial indicators of the impact of the changing trend,finally analyzes the correlation of energy saving and environmental protection company financial performance change trend and environmental factors,and puts forward some reference suggestions.