中国纺织制造业上市公司经营业绩实证分析

Empirical analysis of operating performance of Chinese textile manufacturing public companies

通过对上市公司财务数据的分析,设置经营业绩评价的指标体系,构建经营业绩因子分析框架,以沪深两市纺织制造行业中10亿元以上企业2011年财务报表数据为样本,对纺织制造业上市公司的经营业绩进行了实证分析。结果发现,纺织制造业上市公司经营业绩参差不齐。结论可为投资者提供决策信息,对纺织制造业绩上市公司加强自身管理、提高经济效益等提供决策支持。

By analyzing financial data of public companies, setting up the evaluation index system of the operating performance and building up a framework of the operating performance factor analysis as well as based on the samples of 2011 annual financial reports from Shanghai and Shenzhen textile manufacturing public enterprises of over 1 billion RMB annual turnover, the author has carried out an empirical analysis on textile manufacturing public companies operating performance. The finding is that the textile manufacturing public companies have an unequal and irregular operating performance. The conclusion can provide investors with decision-making informations and policy support of management improvement and economic efficiency for the textile manufacturing, industry.