The Research On Evaluation Of Forestry Enterprises Performance

After the 18th National Congress of the People's Republic of China,the country has placed ecological civilization construction and ecological environmental protection in an important strategic position.Forestry has also introduced strict environmental protection policies.Forestry enterprises are different from general manufacturing industries.In addition to creating economic benefits,it also undertakes the important task of ecological construction.Therefore,in the performance evaluation of forestry enterprises,not only the impact of economic benefits should be considered,but also the social and ecological benefits should be properly considered.Therefore,this paper evaluates representative forestry listed companies with the aid of the factor analysis method to grasp the overall performance and overall operating status of forestry listed companies,and proposes targeted recommendations for forestry companies based on the analysis results.This article combines financial indicators with non-financial indicators,and constructs a comprehensive performance index system of profitability,operation capacity,debt paying ability,growth ability,and social ecological benefits.On this basis,this paper selected 17 forestry listed companies in 2016 as sample companies.An empirical study shows that in 2016,sample companies' comprehensive corporate performance scores and scores for various common factors were obtained.According to the results of the analysis,not only can the forestry enterprise's overall operating conditions and capital structure be reflected,but also the social responsibilities undertaken by the forestry enterprises and the ecological benefits that it creates for society and humanity can be more directly addressed to the forestry enterprises,and that we can make more direct suggestions to forestry companies.