Analysis On Investment Value Of Listed Companies Of Energy Conservation And Environment Protection Industry In China

As a national key support industry,the energy conservation and environmental protection industry has shown a high growth trend,and investors are full of hope for its future development.However,the high risk and uncertainty of the industry compared to the traditional industry make investors difficult to distinguish in the analysis process.By referring to the existing investment theories at home and abroad,this paper analyzes the characteristics of China's capital market and points out why the fundamental analysis is used in the paper.To analyze the influencing factors,development status and existing problems of the investment value of listed companies,selecting 172 listed companies as samples,and select 15 financial indicators and 1 non-financial indicator,building an investment value evaluation system for it.Financial indicators include solvency indicators,profitability indicators,innovation capability indicators,growth capability indicators and operational capability indicators.Non-financial indicator includes the number of valid patent ownership of listed companies.Using the factor analysis model,the listed companies are ranked,and then the main factors affecting the investment value of the listed companies in the industry are obtained.The grey correlation model is used to analyze the main factors and the market performance of the listed companies.Compare the total score of the factor with the price-to-book ratio ranking.Innovations include the introduction of non-financial indicators in the analysis process,the use of panel data to analyze the sample,and clarify the drivers of each financial indicator.By comparing the ranking,it can be seen that the value of some listed companies is undervalued,and investors can give priority to undervalued listed companies.The listed companies have strong innovation power and great development space,and have investment value.When investors analyze the listed companies in the industry,they should pay more attention to the profitability of listed companies,followed by capital structure,operational capacity and short-term solvency.Through research and analysis of the investment value of listed companies,suggestions were made to investors and listed companies.Figure 8;Table 12;Reference 59...