房地产行业盈利能力评价指标体系实证分析

Empirical Analysis of Evaluation Index System of Profitability of Real Estate Industry

从房地产行业发展现状入手,系统研究房地产行业盈利能力评价理论。基于全面性和实用性原则,结合房地产行业特征,从获利性、成长性、收现性、安全性4个维度构建房地产行业盈利能力评价指标体系。选取126家房地产上市公司数据,基于因子分析法,通过变量选取,进行变量间的相关性检验,得出对应的4个公因子。最后,将4个公因子根据各自的贡献率,得出F值。结果表明:F值可以综合评价房地产上市公司的盈利能力。

Starting with the current situation of real estate industry,this paper systematically studies the evaluation theory of profitability of real estate industry.Based on the principles of comprehensiveness and practicality,combined with the characteristics of the real estate industry,the evaluation index system of the profitability of the real estate industry is constructed from the four dimensions of profitability,growth,income and security.The data of 126 real estate listed companies were selected.Based on the factor analysis method,the corresponding four common factors were obtained through the variable selection and correlation test between indicators.Finally,the F value is obtained based on the four common factors according to their respective contribution rates.The result indicates that,the F value can comprehensively evaluate the profitability of real estate listed companies.