Abstract
This paper constructs 3-level evaluation model based on index system for the listed corporations and confirm the weights by the factor analysis, then compute the investment value of listed companies in chlor-alkali industry making use of fuzzy comprehensive evaluation method and illustrate the method. The objective and reasonable basis for making investment decision is provided.
Highlights
Considering the characteristics that China’s stock market is still in development stage and the actual situation of listed companies, and taking into account available data, we could consider the profitability of listed companies, growth and expand capacity of equity capital to reflect the investment value of listed companies.Profitability: the earnings per share(EPS), return on equity(ROE), cash flow per share(CFPS) and total assets yield(TAY) could be set up to reflect the profitability of listed companies
From the perspective of assets, total assets of listed companies is an important indicator to measure the strength of listed companies, so, to a certain extent, the total assets growth rate means the growth of listed companies
Development and return to investors of listed companies depends largely on the increase in net profit, NPGR is the indicator to measure the growth of listed companies
Summary
Considering the characteristics that China’s stock market is still in development stage and the actual situation of listed companies, and taking into account available data, we could consider the profitability of listed companies, growth and expand capacity of equity capital to reflect the investment value of listed companies. EPS means the level of profitability of common stock, which is the most concerned indicators for many investors. Besides using this financial profitability to evaluate the listed companies, majority investors use price per share of listed companies to conduct horizontal compare, by which decide to how to invest, so the indicator would best reflect the image of a listed company. China’s listed companies has strong desire to expand, but its performance at least be able to grow with the times that it would make a sustainable power source for the development, so these three indicators were set up to reflect the expand capacity
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
