The Correlation Analysis On The Relationship Between The Asset Quality And Growth Ability Of Listed Companies In Northeast China

With the development of stock market and continue heating market competition in China, Chinese listed companies have gained fast development and are facing serious challenge as well. Enterprise managers and investors are putting more attention on how to make their enterprise and companies maintain in sustaining, steady development tendency. Researchers found lots of significant results with their numerous studies. Considering the significant impact of capital assets in enterprises'development and contribution of previous studies, the researcher in this study will analyze capital assets impact on listed companies from the perspective of assets quality. In this study, the researcher choose listed enterprises in northeast of China as the main object, using seven financial index (total assets growth rate, net assets growth rate, main business income growth, main business income growth rate, earnings growth ratio per share and net earnings growth ratio per share) as the main original index to analyze capability of the companies, and then apply the principal component analysis (PCA) of financial statement of 2006-2008, to use enterprises development capability as dependent variable and set up multiple regression model with capital assets quality in order to test its impact on enterprises development ability.The result is: enterprises capital assets have significant influence on its development ability. In particular, earning capacity has positive effect on growth of companies'development ability; the asset liquidity and operating capacity both have positive impact on companies'development ability; well organized assets structure is necessary to fasten the development of enterprises.In the last, the researcher give suggestion about listed company how to make better assets management, promoting assets capacity, as well as on how to use scientific studies to find a better suggestion on enterprise future development and potential investment.