Abstract

With the rapid development of economy, enterprises, as the micro-foundation and economic cells of urban economic vitality, have made great contributions to the development of social economy. And good financial performance management can help enterprises to operate and develop more efficiently and at a high level. This article selects the 56 listed companies in Anhui province as the research target of financial performance evaluation. From four aspects of profitability, development ability, operation ability and solvency including 15 indicators, then use principal component analysis (PCA) for comprehensive evaluation of enterprises’ financial performance from two aspects of qualitative and quantitative to build the index system of enterprise financial performance, and on this basis put forward certain suggestions on the development of enterprises, investors and management for the enterprise to provide decision-making basis.

Highlights

  • With the rapid development of economy, enterprises, as the micro-foundation and economic cell of urban economic vitality, have made great contributions to the expansion of investment, expansion of productivity development scale and improvement of productivity development level

  • The steady and high-quality development of enterprises can better promote the development of the overall economy

  • The first five principal components were selected as the main factors to represent the information of 84.027% of the financial performance system of listed companies

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Summary

Introduction

With the rapid development of economy, enterprises, as the micro-foundation and economic cell of urban economic vitality, have made great contributions to the expansion of investment, expansion of productivity development scale and improvement of productivity development level. The steady and high-quality development of enterprises can better promote the development of the overall economy. With the development of market economy, enterprises have more strict requirements on financial management. It is very necessary to explore the financial performance management of enterprises to help them develop better. Financial performance evaluation plays an increasingly important role in enterprise management. Reasonable and effective financial performance management can provide good development conditions for enterprises, and help them to achieve stable and high-quality economic development

Literature Review
Selection of Indicators and Data Sources
Establishment and Solution of the Model
Establishment of Financial Performance Evaluation System of Listed Companies
Findings
Conclusion
Full Text
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