The Performance Evaluation Of Chinese Port Listed Company

In recent years, the rapid development of Chinese market economy, keep a sound market system, promote capital market activity. As of April 30, 2006 Shenzhen and Shanghai listing of all 1,322 listed companies. By the end of 2007 listed companies in China to 1432, including 835 in Shanghai, 597 in Shenzhen, the total assets take 0.4% of the gross national product. Timely and accurate grasp of the situation in the performance of listed companies, investors need to use the information by listed companies to analyze and judge. At present, Chinese listed companies and the performance evaluation system and methods are in a stage of exploration, based on this my paper on the content and conclusions of the study are as follows:According to Chinese port characteristics of a listed company, Chinese Ministry of Finance issued by the reference to performance appraisal targets, according to performance evaluation theory, innovated non-quantifiable indicators of business performance evaluation system and add. In accordance with the competitiveness and financial performance capacity, take Chinese Port listed companies in to seven levels, namely, port handling capacity, the capacity of the port operations, port conditions, the effect of port management, port profitability, solvency and shareholders of the port Lee capacity. On this seven-level, the establishment of 17 indexes, the Construction of the port of listed companies to quantify the performance evaluation index system. Select the factor analysis and objective indicators established in various weights, the analysis of the factors that factor ranked results, and then one by one through qualitative analysis evaluation performance of the ports. Which are comprehensive, objective conclusions. Also based on final outcome, gave the initial investment proposals for the reference of investors.Final evaluation results show that the port of listed companies a good overall performance in 2006. Shanghai Port powerful overall competitiveness, the level of performance failed deviation; deep Chiwan, Yantian keep blue-chip stocks; Xiamen gradual transition to the intensive development stage; Tianjin Port, Wuhu good performance, ready; Rizhao Port, Jinzhou Port serious performance issues, investors in the investment required careful consideration. These results are applied to investment advice, for the vast number of investors to provide a valuable reference.