The Research On Efficiency Of Resources Utilization Of Listed Companies In Wood Processing Industry

As an important basic industry of national economy, wood processing industry has achieved rapid development in the process of providing a variety of products continuously for the society in China. Now, it has become one of the promising manufacturing industries. However, wood processing industry and its enterprises are now facing lots of challenges in the process of resources utilization, including prominent contradiction between supply and demand of wood resources, rising costs of input factors, low level of scale and technology, increasing pressures of resources saving and environmental protection and so on. It puts forward higher request for the main body of supply side in wood processing industry in the policies of improving efficiency of the output and resources saving. As the outstanding ones in the industry, listed companies in wood processing industry should bear the brunt of improving the efficiency of resources utilization to be in an impregnable position and achieve sustained and healthy development in the intense competition. Therefore, it is particularly necessary to probe into the efficiency of resources utilization of listed companies in wood processing industry.For the related researches that are few and lack of systemic, the article tries to discuss the resource efficiency of listed companies in wood processing industry in China combining with the characteristics of wood processing industry and the main challenges faced now by using the thought of resource eco-economy. First of all, this article analyses the resource utilization of wood processing industry briefly from main aspects including basic characteristics of timber resources and their utilization, input and output of resources and the main challenges of resource utilization in wood processing industry and so on. Secondly, analysis framework of resource efficiencies of listed companies in wood processing industry is put forward from the perspective of efficiency. It includes both the production efficiency of resources from the perspective of three kinds of resources and efficiency of resources saving based on bearing capacity of resources and environment. According to the framework of analysis, corresponding evaluation methods and indexes are selected.Then, this paper chooses the samples of listed companies in wood processing industry and get its data for the empirical analysis on the production efficiency of resources and efficiency of resource saving of listed companies in wood processing industry in 2014 by using DEA and ratio analysis method, the preliminary conclusions have been drawn as follows:for the production efficiency of resources, efficiencies of comprehensive resources of listed companies in wood processing industry are higher on the whole, but that of three kinds of resources is very different from the perspective of the efficiency value of measuring. The returns to scale of resource utilization of most of non-DEA effective enterprises is increasing from the perspective of the stage of returns to scale, which shows that increasing the input of resources can improve resource efficiency. The efficiency of comprehensive resources is mainly affected by intangible resources and human resources, and three kinds of resources have their own characteristics on the effect of each index from the perspective of impact on the indicators. For the efficiency of saving resources, listed companies in wood processing industry are on the trend of decreasing and there are large variations among individuals from the changes of the intensity of natural resources consumption and the comparison on each company. Finally, suggestions are put forward from the angles of enterprise and government to improve the efficiencies of resource utilization of wood processing industry and its listed companies.