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With the constant improvement of the economic development of China's securities market, the operating results of listed companies has become the focus of attention of investors, managers, and government departments. In addition, the operating results of listed companies also plays an important role in the development of the local economy. Therefore, accurate evaluation of the operating results of listed companies is not only the basis for the decision-making of investors, managers, government departments, and also helped found the existing problems in the local economy, which further identify the crux of the reason, fast and stable local economy development. In recent years, Liaoning Province, almost every year listed companies delisting, the adverse impact on the economic development of Liaoning Province. In this paper, the operating results of the 53 listed companies in Liaoning Province in 2008 listed 47 listed companies in order to discover the reasons for the delisting of listed companies, the overall condition of the listed companies in Liaoning Province, to promote rapid economic development in Liaoning Province, evaluation and analysis of the results of operations of the influencing factors. Evaluation of the results of operations of the 47 listed companies, this paper uses the most consistent with the purpose of this study - the factor analysis. Analysis of operating results using descriptive statistics and analysis. In the definition of the concept of the operating results of listed companies, selected indicators of this article for the performance evaluation. The performance evaluation contains 18 financial indicators, 18 financial indicators reflect the ability of listed companies in the following four aspects, profitability, solvency, capacity development, operational capabilities. In this paper, data of listed companies in Liaoning Province in 2008 and 2009 annual reports, sample data, objective evaluation using factor analysis of the two-year operating results of listed companies in Liaoning Province, the evaluation concluded. First score from each factor listed companies, we can see, Liaoning Province, which listed companies are strong in solvency, which listed companies are strong development capacity, profitability, which listed companies operating capacity , and these in all aspects of strong company can become a model for other companies, but also to provide a basis for the formulation of government policy. Followed by determining weight can also draw a composite score of listed companies based on a composite score can be seen Which listed companies overall ability. Again, comparing the composite score of the listed companies in 2008 and 2009, can also be seen which listed the company's performance change, you need to focus on and further analyze the reasons. Finally, from the perspective of the industry, but also can better see which industries in Liaoning Province, Liaoning Province, the advantages of the industry and to provide a basis for industrial investment and adjustment of Liaoning Province. Meanwhile, through influencing factors can also know what factors had an impact on the listed companies in Liaoning Province, and what kind of impact. Based on the results presented recommendations to improve the operating results of listed companies in Liaoning Province.
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