饲料公司股票溢价及升值能力与上市时间长短关系分析  

The Analysis on the Relationship Between Share Premium, Appreciation Ability and the Time to Market of Feed Industry Public Companies in China

作　　者：贾峰[1] 贺红伟 陈渊 王金水[1] 

机构地区：[1]河南工业大学生物工程学院,郑州450001 [2]河南威佳汽车贸易集团有限公司,郑州450000 [3]民生证券股份有限公司,郑州450000

出　　处：《饲料博览》2016年第6期36-40,48,共6页Feed Review

基　　金：郑州市普通科技攻关计划基金资助项目(N2013G0077);河南省教育厅科学技术研究重点基金资助项目(13A550166);河南工业大学博士基金资助项目(2012BS013);河南工业大学校基础研究重点培育基金资助项目(2013JCYJ05)

摘　　要：研究9家上市饲料公司(新希望、海大集团、正邦科技、大北农、通威股份、禾丰牧业、唐人神、天康生物和中牧股份)2015年12月31日的上市股价及相关财务报告中的数据,结果表明,饲料企业股票发行价、股票价格、后复权价格、每股收益、每股净资产及每股未分配利润与上市时间长短均呈正相关,即上市时间越长,相应的结果越高。总上市的企业中与股市天数呈正相关且相关系数较大的有市场价值升值率(0.809 1)和未分配利润率(0.625 4),呈负相关且相关系数较大的有溢价率(-0.622 2)。In this work, the price and relevant financial report data and calculations of the nine listed feed com-pany（New Hope, Haid Group Co., Ltd., Zhengbang technology, DBN Group, Tongwei, Wellhope, Tangrenshen,Tecon and China Animal Husbandry Industry Co., Ltd.） were used from the financial reports in December 31, 2015.The results showed that the relationships were positively correlated between time to market and the stock issueprice, stock market price, backward adjusted price, earnings per share, net assets, share undistributed profit. Thatis, the longer the time to market, the higher the corresponding results. The correlation coefficient between stock mar-ket days and market value appreciation rate was 0.809 1, the correlation coefficient between stock market days andundistributed profit rate was 0.625 4, and the negative correlation coefficient between stock market days and premi-um rate was-0.622 2.

关 键 词：上市饲料公司 股票价格 后复权价格 市场价值升值率 年市场价值升值率 

分 类 号：S816[农业科学—饲料科学] F307.3[农业科学—畜牧学]