Financial Quality Analysis And Evaluation Of Pingdingshan Tianan Coal Company Limited

With the rapid development of capital markets,the evaluation of the financial quality plays an increasingly important in socio-economic activities.Financial Quality Evaluation is not only to provide effective decision support for enterprise management,but also to meet the needs of various stakeholders.The relevant state policies and regulations,listed companies need to publish periodic financial reports to the outside world and other related information,which is related to the interests of listed companies who analyze business operating results and financial position of an important basis.In order to correct the various stakeholders will understand the information disclosed in the financial reports of listed companies must establish simple and effective financial quality evaluation methods,to enable stakeholders to quickly present situation clearly understand the business,and according to the analysis the results can make the right investment decisions.Pingdingshan Coal Group in Henan Province as one of priorities in the energy industry has a strong representation,Its financial analysis,and has great practical significance to make recommendations for its future development.In this paper,first of all,the quality of enterprise financial evaluation of the paper summarizes the theory and research both at home and abroad,and gives a new definition of financial quality.Then in-depth practical leveling shares,enterprise management and financial information collection,to understand the present situation of the enterprise,according to the definition of financial quality and components selected corresponding comprehensive financial indicators.Using ratio analysis to leveling shares primarily analyzes the financial position and financial situation,after comparison analysis,in the coal industry in 2010-2014 financial data of listed companies,to calculate the coal industry listed companies each year the average of the various financial indicators,financial indicators will be leveling shares value compared with the average analysis,the conclusion leveling shares profitability except in 2010,most of the index is lower than the industry average.Using the factor analysis method,to the financial quality of leveling shares in 37 listed coal company ranking and the extraction of common factor in the calculation and evaluation,the objective and reasonable evaluation of leveling stake in the status of the coal industry,find out the problems existing in the financial and operating performance.Paper finally puts forward some countermeasures to six improve financial quality leveling co.