The Application of Financial Analysis System of Enterprise Core Competitiveness —A Case Study of the Listed Company in Shanxi Province
- DOI
- 10.2991/icemse-19.2019.129How to use a DOI?
- Keywords
- core competitiveness, financial analysis system, application
- Abstract
According to the core, leading, coordinative and dynamic nature of the enterprise core competitiveness, a system that consists of four enterprise financial analysis indexes, namely, human capital return on investment, R&D and innovation capability, cash balance capacity and return rate on capital investment is set up. This paper attempted to test the reasonability and feasibility of the practical application of this system. Therefore, it made the empirical test on the five years’ financial data of 35 listed companies in Shaanxi province, and found that the fitting effect of the four financial analysis indexes was good, and the explanatory degree of each indicator and the enterprise core competitiveness is 72.26%. As a consequence, it is viable to adopt the four indicators to reflect and explain enterprise core competitiveness.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xiaojun Deng AU - Qing Yu PY - 2019/09 DA - 2019/09 TI - The Application of Financial Analysis System of Enterprise Core Competitiveness —A Case Study of the Listed Company in Shanxi Province BT - Proceedings of the 2019 3rd International Conference on Education, Management Science and Economics (ICEMSE 2019) PB - Atlantis Press SP - 559 EP - 562 SN - 2352-5428 UR - https://doi.org/10.2991/icemse-19.2019.129 DO - 10.2991/icemse-19.2019.129 ID - Deng2019/09 ER -