基于主成分视角的造纸业上市公司财务绩效对比分析  

Comparative Analysis of Financial Performance of Listed Companies in Paper Industry Based on the Perspective of Principal Components

作　　者：戴晓艳 丁胜[1] 赵庆建[1] 孙子琪 DAI Xiao-yan;DING Sheng;ZHAO Qing-jian;SUN Zi-qi(College of Economics and Management,Nanjing Forestry University,Nanjing 210037,China)

机构地区：[1]南京林业大学经济管理学院,南京210037

出　　处：《中国林业经济》2022年第3期121-125,共5页China Forestry Economics

基　　金：2021年南京林业大学大学生创新实践训练计划项目“研发投入对企业绩效的影响研究:以丰林集团为例”(2021NFUSPITP0574);江苏省高校哲学社会科学研究重大项目“江苏在长三角生态补偿协同治理格局中的地位、特点、问题与对策思路”(2020SJZDA073)。

摘　　要：选取20家具有代表性的造纸业上市公司,对2016—2020年的盈利能力、偿债能力、营运能力、成长能力进行纵向比较。同时通过因子分析模型获取2018年样本企业各个因子得分、综合得分并排序进行横向比较,指出造纸业上市公司整体财务绩效近5年不断下降,绩效综合水平较低,各公司发展极不均衡。提出了优化融资风险管理、加强质量管理、促进技术创新力度等改进建议。This paper selected 20 representative listed companies in the paper industry and made a vertical comparison of their profitability,solvency,operating ability and growth ability from 2016 to 2020.At the same time,it obtained the factor scores and comprehensive scores of the sample companies in 2018,and it also ranked by the factor analysis model for horizontal comparison.It pointed out that the overall financial performance of the listed companies in the paper industry has been declining in the past five years,the comprehensive level of performance was low,and the development of each company was extremely uneven.Finally it put forward some suggestions for improvement such as optimizing financing risk management,strengthening quality management,and promoting technological innovation.

关 键 词：造纸业上市公司 财务绩效比较 因子分析 

分 类 号：F832.51[经济管理—金融学]