Investment Value Analysis Of Listed Companies In Integrated Circuit Industry In China

With the continuous development of China's economy and the continuous increase of people's income,people increasingly hope to avoid financial risks and realize the value maintenance and appreciation of assets through securities investment,and the market participation of different investment subjects is also increasing.After decades of development,China's securities market environment is becoming more and more standardized,the previous irrational investment mode of speculation is not suitable for the modern securities market,the concept of value investment is increasingly popular.Currently available for investors to invest in the securities market more and more investments,how to reasonable evaluate investment value of listed companies,analyzes its intrinsic value variation rule and trend,investors can be selected in the listed companies in a wide range of real has the investment value of the company,evading market risk,asset allocation effectively is very important.As a strategic,fundamental and pioneering industry,integrated circuits are the foundation of a country's information development,an important field of global technological innovation competition,and a guarantee for a country's security and stability.Although the development of China's IC industry is relatively backward,the great opportunity period of IC industry development is coming soon under the great support of the state.In recent years,the market pull effect is obvious,the policy support is large,China's integrated circuit industry began to develop rapidly,the development strength of the entire industry is greatly improved,the industrial development of the agglomeration effect is more and more obvious,the investment value is increasingly prominent,in the securities market more and more attention by investors.For integrated circuit to the influence factors of the enterprise investment value judgment,the industry is used to evaluate the investment value of listed companies analysis,can provide decision-making basis for investors investing in stocks of the industry,to help the industry listed companies to understand their own advantages and disadvantages,improve investment value,and set policy for the securities market regulators to provide reference and reference.However,there is no research on the investment value of listed companies in IC industry.In this paper,on the basis of reading references and electronic materials,first elaborated this article research background and significance,the research on the investment value of listed companies in this article,the author describes theoretical basis,analysismethod of the last 24 in Shanghai and Shenzhen two city integrated circuit industry listed companies as research samples,based on 1-December 2018 financial data,select 16 can comprehensively reflect the financial capacity index,construct the index system of investment value,using the factor analysis,principal component analysis sorting model to determine the amount of investment value analysis object,and ranking,and use the system clustering analysis method for hierarchical classification analysis object,Comprehensive evaluation conclusion and the investment value of listed companies for long telegram from high to low in turn science and technology,rich he micro,top science and technology,the state shares,embellish hin crystal science and technology,the national science and technology,the science and technology,national technology,Beijing jun is,na sida,rich micro electric,tai chi industry,huatian technology,Jiangfeng,rich full electronic,variety shares,Mr Bei ying electronics,European bits,in Shanghai,purple light core,neusoft carrier,XiaoCheng technology.Then,taking Changdian technology as an example,this paper analyzes the investment value of the company with the method of price-earnings ratio valuation,and concludes that Changdian technology's investment value potential is larger.At the end of this paper,the future research is also discussed.