Based On Factor Analysis Wangfujing Financial Performance Evaluation Research

At present,the domestic economy has entered a new round of structural adjustment period,and has continuously entered the deepening period.At the same time,the economic situation of the department store retail industry related to the rest of our lives has also appeared a little early warning.Many domestic and international famous department store zero group business income has declined,operating profit has plummeted,so there are many The department store retail enterprises began to suffer losses,and some department store retail companies even appeared to close the store.Due to the continuous development of Internet technology and the continuous popularization of e-commerce,the Internet era has begun to influence people's living habits subtly,and the behaviors exhibited by consumers will inevitably be severely affected.It can be seen that consumer behavior habits also appear.The earth-shaking changes have brought a lot of impact to traditional department store retailers.Wangfujing Department Store Group can be regarded as the first department store retail enterprise created in China.The company traverses the various stages of the development of China's department store retail industry,from the separation of government and enterprise,to the reform of the shareholding system,to the international integration,the department store retail industry in China.Pioneer companies are not part of the Wangfujing Department Store Group.At this stage,it has also grown into one of the major groups in our country dedicated to the development ofdepartment store retail.In the fully competitive department store retail sector,a good financial performance level is an important condition for department store retail enterprises in the process of competition.Wangfujing Department Store Group should understand its financial performance accurately and comprehensively,understand the current situation of enterprise management from research and analysis,give full play to the advantages of the company itself,correct the problems existing in the production and operation process,and promote the financial performance of the enterprise to a new level.A good level,and then lead the company to stand out in the fierce competition.In this paper,the research background and research significance of the article are briefly expounded,and then the status quo of relevant literature research at home and abroad is summarized,and the specific research content and research methods are introduced.Subsequently,the two related concepts involved in the paper are defined.In addition,several common methods for evaluating financial performance of enterprises are introduced.By comparing the advantages and disadvantages of these methods,the paper finally selects the factor analysis method.The rationality and scientificity of financial performance evaluation using factor analysis are also explained.And fully consider the specific industry characteristics of the department store retail industry,and determine the specific indicators of the financial performance evaluation of Wangfujing Department Store Group.Thirdly,the evaluation index system of the introduction factor analysis method is used to evaluate the financial performance of Wangfujing Department Store Group.In addition,the horizontal and vertical analysis mode of Wangfujing Department Store Group is adopted to obtain the evaluation of the company's financial performance.Related conclusions.Thirdly,further research and analysis are based on the relevant financial issues exposed by the evaluation results of Wangfujing Department Store Group.Finally,somesuggestions for the future development of Wangfujing Department Store Group for the financial problems of Wangfujing Department Store Group.