Title :
Empirical research on the comprehensive growth evaluation of publishing listed companies in China
Author_Institution :
Dept. of Finance & Accounting, Beijing Inst. of Graphic Commun., Beijing, China
Abstract :
This paper selects 12 publishing listed companies in China as research sample, uses the factor analysis method to make a comprehensive evaluation and comparative analysis of the growth of publishing listed companies in 2012-2013 according to four respects including profitability, operation ability, debt paying ability and development ability. Finally, we find that the profitability is not strong for traditional publishing business which needs the transformation and upgrade of the profit model; the growth quality of main business income is not high and the economies of scale is not significant; the debt financing ratio is too low and the efficiency of the use of funds is poor; the learning ability and strain capacity need to be improved to keep the firm growth vigor.
Keywords :
economies of scale; financial management; profitability; publishing; China; business income growth quality; comparative analysis; comprehensive evaluation; debt financing ratio; debt paying ability; development ability; economies of scale; factor analysis method; learning ability; operation ability; profitability; publishing listed companies; strain capacity; Companies; Indexes; Industries; Media; Profitability; Publishing; empirical research; growth evaluation; publishing listed companies;
Conference_Titel :
Service Systems and Service Management (ICSSSM), 2015 12th International Conference on
Conference_Location :
Guangzhou
Print_ISBN :
978-1-4799-8327-8
DOI :
10.1109/ICSSSM.2015.7170271