基于主成分分析法的新能源行业上市公司投资价值评估研究-工商管理专业论文.docxVIP

删fill 删fill III Ilrl r If IIII III ＼1 9431 84 摘要 摘要 能源是人类生存的物质保障，是世界经济发展与增长的基础。由于当诗i『传 统的经济发展模式过度的依赖于能源的消耗，使能源短缺、气候变暖和环境恶 化问题日益突出。如何“大力推进能源改革，积极发展新能源，加快新能源推 广与使用”已成为当今世界各国共同面临的一个重要问题。新能源行业的研究 将成为今后的一大热点。 近年来，伴随着国家鼓励新能源行业发展的政策不断出台，新能源行业取 得了较快的发展。证券市场上的新能源行业上市公司也成为了众多投资者关注 的对象。如何正确评估新能源行业上市公司的投资价值，社会各界都在积极的 探讨。 本文在回顾上市公司投资价值相关理论后，在国外相关研究的基础上，对 新能源行业相关概念、影响因素进行了全面总结和概括。在此基础上，结合我 国新能源行业发展环境和新动态，从公司的盈利能力、偿债能力、运营能力、 成长能力、股本结构和股东回报六大方面，运用主成分分析法构建了评价指标 体系，并采用SPSSl6．0软件对我国沪深市场上20家新能源行业上市公司进行 了实证分析，最后得出综合评价的结果。 关键词：新能源；投资价值；主成分分析 ABSTRACTABSTRACT ABSTRACT ABSTRACT Energy is the material guarantee of human existence,is the development of the world economy and growth foundation．Because the traditional model of economic development excessive dependent on energy consumption of energy shortages， warming and the deterioration of the environment problem increasingly．How tO ”vigorously promote energy reform，actively develop new energy,speeds up the new energy promotion and USe”has become a world one of the important problems faced together．New energy industry research will become a hot spot in the furore． In recent years，along with the state encourages the development of new energy industry policy of new energy industry introduced掣adually,has made rapid development．Stock market listed company of Hew energy industry has become the focus of many investors．How tO correctly evaluate new energy companies investment value，social all circles in the positive discussion． Based on reviewing the listed company,after the value of investment in foreign related theory,based on relevant studies of new energy industry related concepts and influence factors in comprehensive summing-up and summarized．On this basis， combining with the development of new energy industry in China environment and newdynamic，fromtheprofitabilityofcompanies，solvency,operationability,growth ability,equity structure and shareholder rgRim$，six constructed by the principal component analysis method，and the evalu