The Research On Financial Performance Evaluation Of Agricultural Listed Companies In My Country

Based on the basic situation of China's agricultural listed companies,this paper mainly chooses the data envelopment analysis method combined with the factor analysis method of evaluation method,and the CSRC is divided into A-share listed companies classified as agriculture,forestry,animal husbandry and fishery,Study the financial performance of our national agricultural listed companies.Based on the relevant research at home and abroad,the main ideas in the article are basic situation introduction,system construction,and empirical analysis,and finally put forward relevant optimization suggestions based on the results.For the construction of the index system of financial performance evaluation of agricultural listed companies in China.first determine the indicators used in the evaluation research institute,use factor analysis to process the selected data,and then use the data envelope analysis method(referred to as DEA method)to obtain the financial performance of agricultural listed companies Evaluation results.This article uses the DEA-BCC model as an empirical model for evaluating the financial performance of our national agricultural listed companies.This is a model for multi-input and multi-output evaluation.In order to ensure that the analysis results are more objective,the data of 37 agricultural listed companies in my country from 2014 to 2018 for five years is selected as the data source,According to the results,the horizontal dimension evaluates the financial performance of 37 listed agricultural companies in my country in 2018,and the vertical dimension evaluates the financial performance of representative companies in 2014-2018,summarize the situation of its agricultural listed companies,and from the perspective of efficiency,find possible factors and existing problems that affect its financial performance level.According to the empirical results,we believe that the overall financial performance of our national agricultural listed companies is average,and there is a certain gap in the financial performance of the sub-industries.The gap between the scale efficiency of the companies is not large.The level of pure technical efficiency is the main factor affecting the financial performance gap.At present,most agricultural listed companies still have a relatively large space for development.The performance of agriculture and forestry is relatively better and stable,the fluctuation of animal husbandry is relatively large,and the fishery is relatively poor.Based on this,from the aspects of rational allocation of resources and scale,strengthening capital management,optimizing capital structure,improving technical level,and innovating business models,analysis and suggestions for optimizing the financial performance of listed agricultural companies are proposed.