摘要
基于贵州省中药上市公司在盈利能力、偿债能力、营运能力和成长能力四个维度的财务表现,创新性地采用经典的马科维茨投资组合模型构建了中药投资组合,并且对该投资组合的业绩表现与市场指数进行了对比检验。研究表明,中药企业投资要重视投资对象的精准性、投资风险与投资收益的并重性、投资效益的可实现性,以投资者资金的有效配置实现中药行业的突破性发展。
Based on the financial performance of the listed Chinese medicine companies in Guizhou Province in the four dimensions of profitability,solvency,operating ability and growth ability,this paper innovatively uses the classic Markowitz portfolio model to construct a traditional Chinese medicine portfolio.The performance of the portfolio is tested against market indexes.The research shows that the investment of traditional Chinese medicine enterprises should pay attention to the accuracy of the investment object,the equality of investment risk and investment income,and the realizability of investment benefit,so as to realize the breakthrough development of traditional Chinese medicine industry with the effective allocation of investors'funds.
出处
《贵州省党校学报》
2020年第3期33-42,共10页
Journal of Guizhou Provincial Party School
关键词
中药企业
财务指标
投资组合
Chinese medicine enterprises
financial indicators
investment portfolio