摘要
房地产业是当前国家经济的重支柱性产业,对于经济能否健康持续发展具有重大意义。随着房地产行业的蓬勃发展,对于房地产行业来说,行业竞争激励,为找出企业自身的不足之处,提升企业综合实力,建立健全适合公司发展的财务绩效评级体系十分重要。房地产上市公司作为房地产业主干成分,反映我国房地产业发展状况,文章运用主成分法、因子分析法,以及聚类分析,在合并报表财务指标中选择了12个代表性指标作出绩效评价,计算75家房地产上市公司财务指标的综合得分并排序。现有研究在涉及到财务指标综合分析时样本量通常较小,对于整体行业的反映不全面。本文扩大样本量的同时,采用因子分析法对目前房地产上市公司经营绩效做出分析评价,同时对房地产上市公司的未来经营绩效提升给出相关建议。研究结果表明:房地产上市公司综合表现主要依靠盈利能力、偿债能力,发展能力、营运能力因子得分情况也有着重要影响。因此,企业经营绩效的提升,要在提高盈利能力的基础上,提高偿债能力,加强企业营运水平和成长水平,推动企业全面协调发展。
The real estate industry is an important pillar industry of the current national economy, which is of great significance to the healthy and sustainable development of the economy. With the vigorous development of the real estate industry, for the real estate industry, it is very important to establish and improve the financial performance rating system suitable for the development of the company in order to find out the shortcomings of the enterprise itself and improve the comprehensive strength of the enterprise. Listed real estate companies, as the backbone of the real estate industry, reflect the development of China’s real estate industry. Using the principal component method, factor analysis and cluster analysis, this paper selects 12 representative indicators in the financial indicators of the consolidated statements for performance evaluation, calculates the comprehensive score of the financial indicators of 75 listed real estate companies and ranks them. The sample size of the existing research is usually small when it comes to the comprehensive analysis of financial indicators. The response to the overall industry is not comprehensive. While expanding the sample size, this paper uses the factor analysis method to analyze and evaluate the operating performance of current real estate listed companies, and gives relevant suggestions for the improvement of future operating performance of real estate listed companies. The results show that the comprehensive performance of listed real estate companies mainly depends on profitability and solvency, and the factor scores of development ability and operating ability also have an important impact. Therefore, to improve the business performance of enterprises, we should improve the solvency on the basis of improving the profitability, strengthen the operation level and growth level of enterprises, and promote the comprehensive and coordinated development of enterprises.
出处
《统计学与应用》
2022年第3期524-536,共13页
Statistical and Application
