Research On Financial Performance Evaluation Of JH Enterprises Based On Factor Analysis And TOWA Operator

Financial performance management is indispensable in the business management activities of enterprises,and financial performance evaluation is applied in different types of enterprises.In the early stage of business operations,this research can help business managers identify possible risks in the business process in a timely manner and make plans.After the company has reached a certain stage of development,it can also reflect the company's real business development at this time,provide a reference for the company's subsequent strategic objective adjustments and business methods improvement,and better improve the efficiency of business management.As a high-quality company in the chemical industry,JH has a short time to market.With the help of objective weighting method-factor analysis and TOWA operator considering time dynamics,it evaluates its financial performance,improves its own capabilities and enhances the market.Competitiveness and providing investors with relevant investment basis is of great significance.The thesis first introduces the general situation of JH enterprise,the status quo of industry development,its own operating status,staff composition,environmental protection investment,etc.,and a total of 12 financial evaluation indicators are selected from the four aspects of profitability,debt repayment,operation,and development.The company has conducted a preliminary evaluation of various financial indicators in the five years from 2015 to 2019,and concluded that the profitability of JH companies from 2015 to 2019 is stable and strong,and the solvency and operating capabilities are weak and still need to be improved.Secondly,based on the establishment of the JH enterprise financial performance evaluation system,the factor analysis method is used to construct a horizontal evaluation model.The objects of the horizontal evaluation are mainly 30 companies listed in the chemical industry in China,including JH companies,with the help of SPSS statistical software Carrying out factor analysis and deriving the comprehensive scores and ranking changes in the three years from 2017 to 2019,it is concluded that the overall JH company ranked fourth in 2017,the profitability factor ranked high,the debt service and operating capabilities ranked eighth,and the ranking was in the middle.Top;In 2018,JH companies ranked fourth overall,ranked high in profitability,and ranked middle in solvency and operating capacity;in 2019,JH companies ranked first overall,ranked first in profitability,and ranked middle in solvency and operating capacity.The conclusion still needs to be strengthened.Then combined with the TOWA operator to weight the dynamic data of2017-2019,the final score was calculated and ranked again,and it was concluded that the final score of JH enterprises ranked first under the TOWA operator,and the conclusion was that it was growing steadily.Finally,summarizing the evaluation results of the financial analysis in Chapter 3 and the empirical research in Chapter 4,it is concluded that the main problems and deficiencies of JH companies in recent years are mainly weak solvency and operating ability,which lowers the ranking of profitability.Based on the previous advantages,it proposes to rationally arrange the use of assets,combine the use of long-term loans and short-term loans,improve risk resistance,enhance corporate social responsibility,and strengthen inventory management,with a view to improving JH's financial performance.