Research On The Earnings Quality Of The Listing Corporation In The Petroleum And Petrochemical Industry Of China

China's development of multi-level capital market for the entire economic system acts as an important role in the economic transformation and upgrading for all listed companies in the capital market.In recent years,the development of capital market and listed companies will be more important in China's economic development.At the end of 2014 China's securities market began to force.The proportion of institutional investors is small in China.individual investors make more problems at the stable development of China's capital market.How to protect the interests of investors in the capital market in the development of China's capital market is one of the problems to be solved.Profitability information of listed companies is a core element of listed companies.Earnings quality information is a main focus of debt investor and other information needed side.In this paper,factors of earnings quality and characteristics of accounting information summarized the core earnings quality characteristics,including the quality of earnings of security,profitability,currency,continuity and growth,and then build comprehensive evaluation system based on the particularity of petroleum and petrochemical industry.And then 2012--2014 years financial data of the China petroleum and petrochemical industry will have a component analysis.The basic conclusion is that China's oil petrochemical industry overall profitability of listed companies is unstable,the quality of earnings quality is not high and the quality level of corporate profits in the industry is quite different.To conclusion,all listed companies in China's oil petrochemical industry must build a strength internal control system,must improve their core competitiveness,and improve the quality of corporate assets,and enhance their ability to obtain cash ability,and improve the corporate governance structure and other aspects of improvement.