Nonferrous Metal Industry Listed Companies Investment Value Analysis

One of nonferrous metals are rare non-renewable resources in the national economy in the world has a very important position, is China’s industrial policy to vigorously support strategic industries, is to protect economic development, safeguarding national security and promote high-tech development of essential strategic resource. Non-ferrous metal industry as China’s traditional industries, the basic position of stability, domestic demand is steadily improving, the overall development of sound. Since the2008financial crisis, the stock market ups and downs, a lot of industries are affected, non-ferrous metals industry during the recession still has quite encouraging economic profit, which attracted a lot of attention from investors and listed companies to invest non-ferrous metals. However, the overall development of China’s nonferrous metals industry is still in the low end of the international industrial chain division level, lack the ability to withstand market risks. Therefore, the future development of non-ferrous metal industry companies also have great uncertainty, it is more difficult to determine the value of investments, especially small and medium investors facing huge investment risk.Research article as a starting point, the study of non-ferrous metals industry investment value of listed companies. Firstly, the value of domestic and foreign companies to invest in the market research literature reviewed, then the value of investment Based on the theory of the genre from the basic analytical framework for securities investment analysis, analyzes the factors affecting the investment value of listed companies in the nonferrous metals industry, and in turn includes macro, meso and micro levels. Macro analysis, mainly from GDP, fixed asset investment, macroeconomic policy analysis in three areas, summed economy is continuing healthy and rapid development, good macroeconomic environment for investors conclusions. In view of the analysis of the main terms of the status of non-ferrous metals industry in which supply and demand, the impact of the policy environment and other non-ferrous metals industry analysis, analysis of non-ferrous metals industry in the market is mainly supply is less than demand, prominent position in the industry, non-ferrous metals The company has good growth and profitability. Micro level, we use empirical research method to study the investment value of listed companies in non-ferrous metals, non-ferrous metals selected listed companies in Shanghai and73in the2011-2014financial index data, the use of principal component analysis investment value analysis, draw Sort investment value, and the value of the investment market performance is compared to determine the investment strategy.