China Dairy ›› 2023, Vol. 0 ›› Issue (10): 20-23.doi: 10.12377/1671-4393.23.10.04

Previous Articles     Next Articles

Financial Performance Evaluation of Listed Companies in the Dairy Industry Based on Factor Analysis

YU Mengzhen   

  1. School of Economics and Management,Lanzhou Jiaotong University,Lanzhou Gansu 730070
  • Online:2023-10-25 Published:2023-11-13

PDF (PC)

308

Abstract: This paper selected 13 listed companies in the dairy industry in the Chinese A-share market,and selected 8 representative financial indicators from four dimensions：profitability,debt paying ability,operational ability and development ability. Factor analysis is used to evaluate the financial performance of the sample companies in 2022.The results indicated that the overall financial performance of China's dairy industry is poor,with nearly half of the dairy companies scoring below 0.As a leading enterprise in the dairy industry,Inner Mongolia Yili Industrial Group Co.,Ltd. still maintains strong competitiveness. Based on the research results,this study proposed relevant suggestions for improving the financial performance level of listed dairy companies in China.

Key words: dairy industry, factor analysis method, performance appraisal

[1] 隋蕊,李孝忠.乳品行业发展现状及对策分析——以两超多强乳企对比为例[J].乳品与人类,2023(1):20-25.
[2] 王俊鹏. 基于因子分析法的物流上市企业财务风险评价——以新宁物流为例[J].物流工程与管理,2022,44(9):140-143.
[3] 杜恺欣. 基于因子分析法的农业企业财务绩效评价[J].现代农村科技,2022(9):120-122.
[4] 王颖娟. 基于因子分析法的食品制造业上市公司财务绩效评价[J].中国乡镇企业会计,2022(10):7-10.
[5] 李慧. 基于因子分析法的饮料行业上市公司财务绩效评价[J].河北企业,2022(7):97-99.
[6] 阿依达娜·巴勒卡提,陈昌明.基于Z-score模型的财务风险分析——以新疆天润乳业为例[J].中国乳业,2021(12):11-17.
[7] 陈宏研,李相合.基于因子分析法的我国乳品行业竞争力实证分析[J].内蒙古师范大学学报:哲学社会科学版,2012,41(3):4.
[8] 赵艳. 因子分析法在中国食品行业上市公司研究中的应用[J].经济研究导刊,2009(10):72-73.
[1] LIU Fanglei. Current Situation,Problems and Countermeasures of Independent Directors in China's Dairy Industry--Taking 21 listed companies as examples [J]. China Dairy, 2023, 0(8): 15-22.
[2] YUAN Wenhuan, GUO Shuang, ZHANG Tianqi, CHEN Jingyi, TIAN Yujia, JIA Chuntao. Development Status and Suggestions of Tianjin Dairy Industry [J]. China Dairy, 2023, 0(7): 44-50.
[3] LIU Xin, XU Jiayin, TONG Fei, LI Donghui, ZHOU Jiyun, DING Caixiao, ZHANG Yanxin. Evaluation and Path Optimization of High-quality Development of Dairy Industry in Hebei Province under Double Carbon Target [J]. China Dairy, 2023, 0(6): 23-29.
[4] XIA Jianmin, WEI Yong, WANG Wei, LI Shengli. The Proposition and Research of the Chinese Dairy Cow Cycle [J]. China Dairy, 2023, 0(4): 34-40.
[5] ZOU Yangtingting, QI Chenchen. Anlysis of the Market Strategy of Tianrun Dairy from the Angle of Six Forces Interaction Model [J]. China Dairy, 2023, 0(4): 106-110.
[6] KONG Ling. Prepositional Reconsideration：Institutional Choice under the Role of Main Channel——A better way to resolve administrative disputes in the dairy industry [J]. China Dairy, 2023, 0(3): 20-24.
[7] DONG Xiaoxia, ZHANG Chao, LIU Hao, PENG Hua. Study on the Benefit Linkage Mechanism Between the Top 20 Global Dairy Enterprises and Dairy Farmers [J]. China Dairy, 2023, 0(3): 25-32.
[8] YANG Yanfen, CUI Shuai, LI Yang, SHI Xinxin, HAN Deqiang. Research on High-quality Development Strategy of Dairy Industry in Dongying under the New Cycle [J]. China Dairy, 2023, 0(10): 15-19.
[9] HOU Junwei, ZHAO Heng. Market Analysis of Dairy Industry in the Fourth Quarter of 2022 [J]. China Dairy, 2023, 0(1): 2-8.
[10] LIU Xiujuan, WANG Ruoying, CUI Pengcheng. Comparative Study on Technical Efficiency of Dairy Industry in Hebei Province [J]. China Dairy, 2023, 0(1): 14-19.
[11] HOU Junwei, ZHAO Heng. Analysis of the Seven Major Trends of China's Dairy Industry in 2022 [J]. China Dairy, 2022, 0(6): 2-6.
[12] LIU li, WANG Tao, HUA shi, LI Jing Fang, XU Min. The Influence of the "Student Milk Program" on the Construction of Milk Source Base in Xinjiang [J]. China Dairy, 2022, 0(4): 13-18.
[13] CHEN Ruxuan, JI LU, ZHANG Shurong, Ma Yi. Current Situation of China's Dairy Trade From the Perspective of the Whole Industry Chain [J]. China Dairy, 2022, 0(2): 2-7.
[14] HUA Shi, HU Yongqing. Problems and Countermeasures in the Development of Dairy Industry in Xinjiang [J]. China Dairy, 2022, 0(2): 14-21.
[15] YANG Xiaolan, WANG Linying, XU Da. Study on the Development Status,Problems and Countermeasures of Ningxia Scale Dairy Farms——Take Ningxia a Dairy Company as an Example [J]. China Dairy, 2022, 0(12): 11-15.
Viewed
Full text


Abstract

Cited
  Shared   
  Discussed   
No Suggested Reading articles found!
Copyright © 2018 Editorial Board of China Dairy
Powered by Beijing Magtech Co. Ltd