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China Refrigeration and Air Conditioning Industry Performance Evaluation of Listed Companies

Author: LuoYong
Tutor: ZhengXunGang
School: Sichuan Agricultural University
Course: Technology Economics and Management
Keywords: Refrigeration and air conditioning industry Listed Companies Performance Evaluation Entropy value method Static evaluation Dynamic Evaluation
CLC: F426.6;F276.6
Type: Master's thesis
Year: 2011
Downloads: 170
Quote: 0
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Abstract


China's refrigeration and air conditioning industry started in the 1950s, after decades of development, China has become the manufacturing power refrigeration and air conditioning industry, refrigeration and air conditioning industry has become an important part of the national economy. However, with the development of economic globalization and China's rising labor costs, China refrigeration and air conditioning industry, low-cost advantages will become smaller and smaller, refrigeration and air conditioning industry enterprises have been facing increasingly fierce international competition. China's refrigeration and air conditioning industry companies, on behalf of the Chinese refrigeration and air conditioning industry, a high technical level, but and large international companies, in advanced technology, product innovation, high-end product sales, independent intellectual property rights number so there are still many gaps. So how about China's refrigeration and air conditioning industry companies analyzed to evaluate the operating performance, enhance their competitiveness, promote Chinese enterprises refrigeration and air conditioning industry, the production from low to high-end brand forward, it becomes an urgent problem to be solved. In view of this, the paper refrigeration and air conditioning industry companies as research subjects, mainly engaged in the following studies: (a) domestic and foreign enterprises operating in the carding performance evaluation study of history, the history of refrigeration and air conditioning industry at home and abroad, China Refrigeration and Air Conditioning Industry Listed Companies Facts and industry characteristics established on the basis of suitable refrigeration and air conditioning industry companies operating characteristics of performance evaluation index system. (2) In research methods, through the evaluation index system weight determination method of comparison, select an objective evaluation method of entropy weight method as the refrigeration and air conditioning industry companies index weights determined approach; same time, using arithmetic sequence Weights empowerment of latitude on time; refrigeration and air conditioning industry, considering the growth of listed companies, based on the use of ideal point algorithm, using European norm as a distance measure, calculate the refrigeration and air conditioning industry, the growth of listed companies to consider the case and the ideal spot The closeness as refrigeration and air conditioning industry, the basis for the final ranking of listed companies. (3) in refrigeration and air conditioning industry listed company's annual report from 2005 to 2009 based on data, evidence of refrigeration and air conditioning industry in China still considered a static evaluation and dynamic evaluation of the value of growth. The results showed that: Qingdao Haier, Gree, Midea ranked among the operating performance of listed companies in refrigeration and air conditioning industry, the top three, while ranking after three are Yantai Moon, * ST Guoxiang, ST Chunlan; Finally, Refrigeration and Air Conditioning Listed Companies in static evaluation and consideration of the static value growth based on the results of the dynamic evaluation analyzed the refrigeration and air conditioning industry listed companies from 2005 to 2009 the value of the static evaluation and dynamic evaluation results circumstances. (4) through the refrigeration and air conditioning industry companies operating in 2005-2009 to evaluate and analyze the performance of Chinese listed companies in refrigeration and air conditioning industry to improve business performance the following recommendations: increase R \u0026 D investment, ongoing product innovation and technological innovation; improve product quality, enhance brand building; under the guidance of national policy, vigorously develop energy-saving health, green refrigeration and air conditioning products.

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CLC: > Economic > Economic planning and management > Enterprise economy > A variety of enterprise and economic > Company
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