Henan Province Listed Companies Performance

In2011, the State Council promulgated the support for Henan province to accelerate the buildingof area of Central Plains economy guidance, formal area of Central Plains economy rises for nationalstrategy, become the country event, province plans, civilian big industry. Guidance emphasizes, beginnormative equity investment enterprise development, improve the filing management of pilot, supporteligible enterprises listing and issuing bonds. Area of economy of Central Plains rises for national strategy,the Central Plains Economic Area Construction in Henan province the protagonist, ushered in the greatdevelopment opportunities, at the same time, also to shoulder new historical mission, meet a challenge.As everyone knows, the enterprise is the cornerstone of the development of local economy, thecompetitiveness of enterprises is the regional competitiveness foothold, any area in the economic take-off,ultimately to the microscopic enterprise competitiveness to achieve, so Henan should realize" TwelfthFive-Year Plan" and the implementation of the area of Central Plains economy construction cannot leavethe support of capital market needs a large number of outstanding enterprise pulling the rapid developmentof economy. Along with the Chinese market economy unceasingly thorough, listed companies is theinexorable trend of enterprise development. Listed companies can use the stock market for financing,extensively absorb idle funds in society, so as to rapidly expand the scale of enterprises, enhance thecompetitiveness of their products and market share. Enterprises through the market, will be the fullimplementation of modern enterprise management system, make an enterprise standardize internalgovernance structure, adapt to the norms of the "three" system, the independent director system of themodern enterprise rules and regulations, improve the management level of enterprises. Listed companiesare the core of development of securities markets, is a region of the main force of economic development,is a city of economic business card, a local listed companies, the quality is better, the more famous degreetaller, the local economy has energy more, competitiveness and radiation, listed on the reserve of thequantity and the quality is determine the local economic development are important factors. The capitalmarket as an important part in modern financial system, is to raise funds for development, optimizing theallocation of resources, promote the circulation of property right is the most important market place, thefull development and utilization of the capital market, to regional economic development. While in the capital market of enterprises is the region of the star enterprises, enterprises, given the excellent enterpriseto region economy development vital significance, so we have reason for Henan to the capital market onthe enterprises pay more attention to.The main purpose of this paper is to survey and analysis in Henan province in the use of capitalmarket development, and according to the recent annual report data of listed companies of Henan Provinceoperating performance overall situation to carry on the investigation, analysis of the operating performanceof Listed Companies in Henan province the current situation and development trend, discuss how toimprove the competitiveness of listed companies of Henan province. Set out from these problems, theauthor listed companies in Henan province2008-2010for three consecutive years of financial data to becollected, according to the present our country main performance evaluation system of indicators from theoperating results, assets operation, balance, growth of four listed companies of Henan Province operatingperformance situation specific analysis evaluation, accordingly the development of the listed companies inHenan province to improve the performance of the opinions and suggestions. Comprehensive analysis,listed company of Henan province business show" dimensions slants small, conservative development"situation, can be seen in the listed companies of Henan Province on the whole operation is conservative,and it is this conservative determines the overall operating performance "polarization, the overall good"status. Listed companies in Henan province to achieve the overall rise, first is the government policymakers, corporate executives operator to change the concept of development, to establish a scientific,efficient development, secondly we should continue to absorb new management talent and the newmanagement mechanism, and constantly improve the management performance of enterprise. We shouldfocus on the support in a number of national and international enterprises, brand-name enterprises, thus topromote the listed companies in Henan province the overall business performance, and promote theeconomy of Central Plains area construction to obtain apparent effect.Since2011China has not been completely released annual report of listed companies, the listedcompanies of Henan province industry operating performance analysis, this paper uses the data of annualreport in2010and before. On the basic data processing using Excel software. In this paper, the basic datasource of China Securities Regulatory Commission website, the provincial government of Henan provincefinance office website, website of Shanghai stock exchange, Shenzhen stock exchange website, sina of website of Finance and economics.