上公司盈利能力评价-浙江财经大学毕业论文.DOCVIP

浙江财经大学本科生毕业论文（设计） PAGE PAGE II 上市公司盈利能力评价 摘要：盈利能力是企业营销能力、获取现金能力、降低成本能力及规避风险能力等的综合体现，因此上市公司的盈利能力是市场投资者和经营者非常关注的热点问题，也是金融、投资领域中一个不容忽视的重要方面。本文从上市公司的当前盈利性、获现性和未来成长性三个方面着手，选取相应的财务指标，并采用层次分析法来客观、准确地确定各指标的相对权重，在此基础上构建上市公司盈利能力综合评价模型，并运用该模型对2009年上海证券交易所的5家酒业公司进行实证分析。 关键词：上市公司；盈利能力；评价指标；层次分析法 Evaluation of the Profitability of Listed Companies Abstract: Profitability is one of the most important indexes in reflecting the performance of listed companies and it has coherences with investors, creditors and other stakeholders. So, there is great significance to rationally evaluate the earning quality conditions of the listed companies. This article employs the description method to evaluate the quality of earnings from the persistence, cash flow and reality. It designs a structural model of indexes systems and determines the importance of each index in light of their affect to the profitability of listed companies by using AHP method. Then the model provided by the research will be applied to evaluate the profitability of five wine companies of Shanghai stock exchange in 2009. Key words: listed companies; profitability; evaluation index; AHP method 目 录 TOC \o 1-3 \h \z \u HYPERLINK \l _Toc279759895 1 引 言 PAGEREF _Toc279759895 \h 1 HYPERLINK \l _Toc279759896 2 盈利能力评价概述 PAGEREF _Toc279759896 \h 1 HYPERLINK \l _Toc279759897 2.1 盈利能力概念 PAGEREF _Toc279759897 \h 1 HYPERLINK \l _Toc279759898 2.2 研究意义 PAGEREF _Toc279759898 \h 1 HYPERLINK \l _Toc279759899 3 企业盈利能力的影响因素分析 PAGEREF _Toc279759899 \h 1 HYPERLINK \l _Toc279759900 4 企业盈利能力评价指标体系的构建研究 PAGEREF _Toc279759900 \h 1 HYPERLINK \l _Toc279759901 4.1 企业盈利能力评价指标确立的一般原则 PAGEREF _Toc279759901 \h 1 HYPERLINK \l _Toc279759902 4.2 企业盈利能力评价指标的选择 PAGEREF _Toc279759902 \h 2 HYPERLINK \l _Toc279759903 4.3 企业盈利能力评价方法 PAGEREF _Toc279759903 \h 2 HYPERLINK \l _Toc279759904 4.3.1 构建上市公司盈利能力综合评价层次结构 PAGEREF _Toc279759904 \h 2 HYPERLINK \l _Toc279759905 4.3.2 构造两两比较判断矩阵 PAGEREF _Toc279759905 \h 2 HYPERLINK \l _Toc