Analysis Of The Profitability And Influencing Factors Of China's Artificial Intelligence Concept Stock Listed Companies

The new round of technological change and industrial revolution is emerging.The size of the artificial intelligence industry is growing,and the number of enterprises has increased greatly.A considerable number of companies listed in the two cities of Shanghai and Shenzhen are involved in artificial intelligence.According to wind database statistics,as of September 10,2017,there are 62 listed companies in the artificial intelligence concept plate.Among them,there are 14 listed companies of artificial intelligence concept shares in Shanghai stock market,and 48 listed companies of artificial intelligence concept stock in Shenzhen.They are increasingly becoming the focus of attention.And enterprise profitability is the enterprise managers,shareholders,creditors of great concern.Therefore,it is of great practical significance to analyze the profitability of the listed companies of the artificial intelligence concept stock.This paper mainly consists of five chapters.The main part is in the third chapter and the fourth chapter.The third chapter is the profitability analysis of listed companies of artificial intelligence stocks.Selecting 40 companies listed in the software service industry,electronic information industry,machinery industry and security equipment industry,and compare and analyze the 4 core profitability indicators corresponding to the three aspects of product,asset and capital operation profitability.Analysis shows that Hithink RoyalFlush Information Network Company Limited in the software service industry,Changsha Jingjia Microelectronics Company Limited of electronic information industry,Siasun Robot and Automation Company Limited and Shenzhen JT Automation Equipment Company Limited of machinery industry,Hangzhou Hikvision Digital Technology Company Limited in the security equipment industry,the profitability of these companies is the leader in their industry;The reason of fluctuation is mainly influenced by the company's assets scale,business scale,cost expenditure,macro-economy and so on.At the same time,through a comparative analysis of the profitability of the listed companies of AI concept stocks,it is found that the overall profitability of the listed companies in the security equipment industry is better,and that the mechanical industry's artificial intelligence concept shares have a poor overall profitability.Four industry artificial intelligence concept stocks the overall average profitability of listed companies declined slightly.The fourth chapter is an empirical analysis of the factors influencing the profitabilityof the listed companies of the artificial intelligence concept stock,and selects the2012-2016 financial data of the listed companies of 31 artificial intelligence concept stocks as the research sample.Taking the DuPont analysis system in the financial management as the theoretical basis,the paper analyzes the analysis of the internal financial influencing factors of the listed company's profit ability,and it is found that the operating cost control ability,the management cost control ability and the liquidity operation ability are the main internal financial factors that affected the profitability of the listed companies.