基于净利润现金差异率的上市公司业绩评价

Performance Appraisal of Listed Corporations Based on the Difference Rate Between Net Earning and Cash Flow

上市公司披露的会计信息是投资者进行决策的重要依据之一,对广大中小投资者更具有特别的意义。为了加强对上市公司的会计监管,提出了净利润现金差异率这一指标来检验上市公司披露的财务信息的真实性,并通过股市实证分析,证明了该分析方法的有效性。

The accounting information, which is made public by listed corporations,is one of the important facts for investors to make decisions,especially for middle and small sized investors. In order to improve the accounting supervision of the listed corporations,this paper presents a way to verify the corporations' operation situation using difference rate between net earnings and cash flow. The validity of the method is demonstrated by analysis of stock markets.