Study On Tus Sound Company's Performance Evaluation Based On Entropy Weight TOPIS Method

With the current China's economic development into the new normal,energy conservation and environmental protection industry enterprises also ushered in the spring of development;However,China's energy conservation and environmental protection industry is a sunrise industry,and there are many problems in its rapid development.Therefore,in the complex and changeable living environment,all stakeholders should continue to pay attention to the business performance evaluation of energy conservation and environmental protection enterprises.However,there are few studies on the evaluation of business performance in the energy conservation and environmental protection industry.Therefore,this paper selects Tus-sound company as the research object to conduct the study on the evaluation of business performance,which has reference value not only for the enterprise itself,but also for the listed companies in the whole industry.This paper on the enterprise operating performance evaluation at home and abroad for reference,on the basis of research results,edification to Tus-sound company as an example,through the analysis of the problems existing in the current business performance evaluation,combining to EVA,balanced scorecard applied limitations of traditional performance evaluation methods,such as analysis,and the advantages of the entropy and TOPSIS method and feasibility analysis,to determine the entropy and TOPSIS method is adopted to illuminate sander operating performance evaluation research.Secondly,combining with the Tus-sound company management status,industry characteristics,development strategy,from the level of main business profit quality,debt risk,operation management,sustainable development ability,and ability of shareholder returns to 21 by the five level evaluation index.Finally,this paper comprehensively used entropy weight method and TOPSIS method to conduct a vertical evaluation of the business performance of Tus-sound company from 2013 to 2017,and conducted a horizontal evaluation combined with the 37 listed companies in the same industry,and then analyzed the industry status,the gap with the industry benchmark and the gap with the industry average.According to the results of business performance evaluation under the entropy weight TOPSIS method,this paper analyzes and summarizes the highlights and risks of business performance evaluation.Effective business performance evaluation should not only reflect the highlights of business,but also reveal the existing business risks.It can be seen that under the entropy weight TOPSIS method,the overall business performance evaluation of sander is complete and effective.Therefore,this paper puts forward specific suggestions on the existing business risks of Tus-sound company,and analyzes and summarizes some deficiencies in the specific application of TOPSIS method of entropy weight,so as to provide reference for future studies on listed companies in the energy conservation and environmental protection industry.