An Empirical Research On Capital Structure And Profitability Of Listed Companies In Jilin Province

In the financial field of listed companies,his problems of capital structure have been closely watched over the years.There are many companies listed in China,and different types of listed companies adopt different decision modes of capital structure.Due to the decision of listed companies in different ways,different financing methods used by the listed company.If the financing method is different,it will influence the profitability of the company.In other words,there are many ways for a company to achieve more profit space,but in various ways,the optimization and adjustment of the company's capital structure is the most basic one.At present,the listed companies in Jilin province are more typical in dealing with relationship between capital structure and profitability.What is the relationship between the two? What can be done to improve the company's capital structure and improve its profitability? All of these problems are worth studying deeply.Based on this,this paper focuses on Jilin listed company as the main research target,and focuses on the relationship between capital structure and profitability of listed companies in Jilin province.Firstly,the paper reviews and sorts out the research status and relevant theories of capital structure and profitability at home and abroad,and determines that there is a mutual relationship between the two.Secondly,the development status,capital structure and profitability of listed companies in Jilin province are analyzed in detail,and the problems of capital structure and profitability of listed companies in Jilin province are found.Thirdly,based on the relevant data of 40 listed companies in Jilin province from 2014 to 2016 as the research samples,using SPSS software for factor analysis,EVIEWS software was used for panel data regression analysis,and the relationship between capital structure and profitability was more objectively determined.The results show that the asset-liability ratio,equity ratio and long-term debt ratio of the capital structure of listed companies are negatively correlated with profitability.Finally,the paper gives some suggestions on optimizing capital structure and improving profitability.