Research On The Operating Performance Of China's Education Listing Corporation

Education listing Corporation as an important form of education development in China, after nearly 20 years of development, the number of listing Corporation in education has begun to take shape. In western developed countries, education has become one of the main forces of national economic growth, the contribution of the national economy is higher, compared with the national economy, the contribution of education to the national economy is relatively low and the gap is large. At the same time, due to the requirements of education itself attribute of market orientation of inferiority and capital market to a high degree of marketization, education company must enhance their business performance in order to achieve high efficiency utilization of capital market. How comprehensive evaluation system for our country education operating performance of listed companies, to find an effective way of performance of the operation and management of the company, so as to promote the education of listed companies and rapid development is the direction of research focus. The State Council recently issued is discussed by the "Private Education Promotion Law(Draft)" a series of education amendments to the draft law, indicates that the country on the development of education industry demand and recognition, hope that through vigorously develop education in order to promote the development of China's economy.It is based on this background, the evaluation method to the performance of the company literature to sort out, in the comparative research method based on, In view of the present situation of the education of our country listed company, this paper selects 23 education of our country listed company from 2010 to 2014, five years of data, including earnings per share,quick ratio 18 original financial indexes, the factor analysis, extract solvency, operational capacity, growth capacity, profitability and shareholder return ability factor 5 common factors to represent the main information of the original financial indexes, finally, through to the variance contribution rate of each common factor are weighted to calculate the education of our country listed company operating performance comprehensive score.Finally come to the conclusion,listed companies in China's education in various operating and financial targets fluctuation change is large, which is related to the actual environment of market and management. At the same time, gradually increase the business performance of the listed companies in recent years, the education, thanks in education company with after the listing of the operating rules by shareholders and government regulatory rules of benefits. However, in the overall score and a single common factor score still has some of the company's score is negative,indicating that its development there is a big problem, the existence of financial risk,very may lead to losses or even bankruptcy,which requires deep solution is put forward. On comprehensive index score based, to explore and analyze the education of our country listed company operating performance characteristics of, by selecting education company engaged in the development of typical new Nanyang(LP) education for further case analysis, and uses it to analyze in the back of the education in our country listed company's management and development put forward countermeasures and suggestions.