| As one of the two pillars of agriculture,animal husbandry plays an irreplaceable role in agricultural economy.Listed animal husbandry companies are the leaders of animal husbandry enterprises and represent the development direction of animal husbandry industry.However,at present,there are still many problems in China’s listed animal husbandry companies,such as poor quantity and quality of listed animal husbandry companies,obvious polarization within the industry,and the company’s "abandoning farmers" and other problems seriously hinder the healthy development of listed animal husbandry companies.Therefore,it is necessary to analyze the current situation of China’s animal husbandry and animal husbandry listed companies,find out the problems and reasons and put forward corresponding policy Suggestions accordingly.Firstly,based on a large number of excellent literature and research results at home and abroad,the related concepts and theories of agricultural listed companies,value investment and factor analysis are explained.Then collect the relevant data of China’s livestock industry and listed companies in recent years to analyze the current situation of China’s livestock industry and listed companies.Secondly,according to the principle of index selection,the value investment evaluation index system of listed animal husbandry companies in China is constructed.10 financial data from 11 listed animal husbandry companies in 2015,2016,2017and 2018 4 are selected as samples to conduct empirical research on the value investment of listed animal husbandry companies by factor analysis.SPSS 20.0 and Excel software were used to calculate and summarize the corresponding company factor scores,and the company factor scores in different periods were dynamically compared and ranked,and the empirical conclusions were concluded.The empirical results show that the fairy altar shares is the most outstanding performance of all the animal husbandry listed companies,so based on the empirical results in this paper selected the fairy altar shares as case study,the enterprise value investment is divided into internal and external two aspects of Shandong XIANTAN Co.,ltd.to invest enterprise value of in-depth case analysis.Finally,three research conclusions are concluded by combining the empirical analysis of value investment of listed livestock companies and the case analysis results of Shandong XIANTAN Co.,Ltd.1.The overall level of listed animal husbandry companies in China is not high,and the consciousness of value investment has not been formed.2.The number and quality of listed animal husbandry companies in China are not good,and the phenomenon of polarization is serious.3.Enterprise development needs the common support of various capabilities.In view of the above development status of listed animal husbandry companies in China,this paper puts forward corresponding value investment Suggestions from macro and micro aspects to jointly promote the sustainable and healthy development of animal husbandry industry in China. |