基于PLS通径分析的上市公司财务指标综合评价

The Synthesis Evaluation of Listed Company's Financial Indicators Based on Partial Least Square Path Modeling

为了对上市公司财务报表中的大量财务指标进行综合认识和评价,本文提出利用偏最小二乘(PLS)通径分析方法建立综合评价指标,该指标可以最大程度的综合各原始指标的信息,并且还可以利用其对各组原始指标所反映的不同隐变量信息进行研究.本文以证券市场上钢铁板块的22个上市公司公布的财务数据为例,利用PLS通径分析模型建立了一个综合评价指标,并用其对各上市公司进行了排名,得到了与实际情况十分吻合的结果.

In order to integrated understand and evaluate the financial statements from a large number of financial indicators of listed companies, in this paper, a comprehensive evaluation indicator based on PLS Path Modeling is established. The indicator can be integrated the original target information to the maximum extent, and can also be used to research the relationship among the implicit variable that reflected by the original variable sets. This paper uses the reported financial data of 22 listed companies on steel plate of the stock market as an example, PLS Path Modeling is applied for establishing a comprehensive evaluation indicator, through the evaluation of the listed companies, it is consistent between the result and the actual situation.