Research On The Financial Competitiveness Of A-share Private Logistics Listed Companies

With the rapid growth of the Internet technology and the high-quality development of China’s economy,the features of digitalization,intelligence and information development gradually appear in the economic field.Driven by e-commerce,logistics enterprises develop rapidly,which plays an important role in optimizing the allocation of market resources and promoting industrial restructuring.Financial competitiveness is an indispensable part of the company’s competitiveness strength,which is of great significance for the further development of the company to enhance the company’s competitiveness from the perspective of financial management.In this context,the paper hopes to lay a theoretical foundation for A-share private logistics listed companies to improve their comprehensive strength by studying the financial competitiveness of A-share private logistics listed companies.This paper adopts the method of combining theory with empirical analysis,evaluate and improve the financial competitiveness of A-share private logistics listed companies.The theoretical part analyzes the concept and theoretical content of private logistics enterprises and their financial competitiveness,and studies the formation mechanism of financial competitiveness of private logistics enterprises.Based on this,it constructs the financial competitiveness evaluation index system of A-share private logistics listed companies.Positive part mainly choose five A-share private logistics listed companies as the research object,selected from 2016-2020,5 years annual report data,sample of 250,from the profitability,solvency,operating ability and ability to grow,which four aspects of the ROE,return on total assets,operating profit margin 10 financial indicators,is constructed of seven positive indicators and three moderate indicators of A-share private logistics listed company financial competitiveness evaluation index system,using factor analysis of private logistics listed companies.The empirical results show that the financial competitiveness of A-share private logistics listed companies in China is above the medium level,but there are still deficiencies in profitability,solvency,operating capacity and ability to grow.According to this paper,five suggestions are put forward for A-share private logistics listed companies to improve their financial competitiveness,which means to retain the profitability of enterprises,improve the ability of enterprises to solvency,pay attention to the operation ability of enterprises,pay attention to the growth ability of enterprises,focus on the future development,improve the comprehensive ability.It is hoped that through the research of this paper,A-share private logistics listed companies can pay attention to financial competitiveness,at the same time,it will also provide an idea and theoretical reference for further enhancing the financial competitiveness of A-share private logistics listed companies in China.