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The Evaluation Of Profit Of Chinese Listed Companies In The Iron And Steel Industry

Posted on:2012-06-17Degree:MasterType:Thesis
Country:ChinaCandidate:X K ZhangFull Text:PDF
GTID:2189330335450625Subject:MBA
Abstract/Summary:PDF Full Text Request
Iron and steel industry is capital and technology intensive industries in the country which plays an important role in the national economy. In general, the pillar industry of national economy is real estate, automobile and steel industries. Although the "Twelve Five-Year" plan proposed to cultural industries in the country to build a new pillar industry of national economy, but due to long distance upstream and downstream steel industry, from mining iron ore, ferrous scrap and other raw materials into the production chain as to the manufacturing and processing aspects of the steel industry, as well as supporting the steel industry logistics facilities, etc., can create many labor positions, as to make a significant contribution to the development of the national economy. Can be said that the rise of the steel industry to a certain extent determine the country's prosperity and development. Therefore, this article must stand on the national development strategy that the height of great importance to the steel industry.Internally, the production of both iron and steel raw materials superpower, but also consumption of steel products superpower. Domestic large steel companies in a monopoly position in the steel industry in the market is weak; iron ore shortage of raw materials, directly limiting the development of China's steel industry. From the external point of view, CVRD, BHP Billiton and other multinational companies control a large number of iron ore resources, the "price hike" in the way of sale, has and will continue on China's steel enterprises causing great damage.Individuals from the microscopic point of view, from the collection of iron ore, the mineral transport, smelting, steel industry, a business go through each of the above production and marketing process. Listed company as an industry best in the business, there is no doubt of their production, sales, management must walk in the forefront of the industry. So public companies have a rich meaning.In this paper, a sample of listed companies in the steel industry, according to their own learning in the MBA, lessons learned in life, writing a dissertation in this. The first part of the body of the introduction, this part introduces the subject of the background, purpose and significance of the study, and research. The second part literature review, mainly of domestic and foreign scholars on the subject of analysis of the situation. The third part mainly based on 28 listed companies in the steel industry, the annual report data, its profit targets a simple analysis. The fourth part is the main part of the paper, the use of SPSS 28 listed companies in these financial indicators for the principal component analysis, has been associated with four main components, and proposes ways to improve the performance of the main ingredients. The fifth part is the conclusion, including conclusions, recommendations, and the prospect of such sub-deficiency.
Keywords/Search Tags:Iron and steel industry, Listed companies, Profit, Principal component analysis
PDF Full Text Request
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