Discriminate Analysis on Listed Real Estate Companies from Related Financial Fundamentals

Author

Xu Jiang

Author_Institution

Stat. Dept., Changchun Taxation Coll., Changchun, China

Volume

1

fYear

2009

fDate

18-19 July 2009

Firstpage

441

Lastpage

444

Abstract

In this paper, discriminant analysis, a mathematical statistical method, is used to distinguish the operating status of China´s real estate listed companies from good to bad. Four aspects of financial indicators, including earnings per share, current ratio, return on equity and assets-liabilities ratio, are identified to discriminate the operation state of Chinese real estate listed companies. The results are in accordance with the actual situation. This method provides a new way for identifying operating conditions of real estate listed companies in China.

Keywords

financial management; property market; statistical analysis; China real estate listed company; assets-liabilities ratio; current ratio; discriminate analysis; earnings per share; financial fundamental; financial indicator; mathematical statistical method; return-on-equity; Companies; Economic forecasting; Economic indicators; Educational institutions; Equations; Industrial economics; Information analysis; Information processing; Monitoring; Statistical analysis; discriminant analysis; financial indicators; operation state; real estate listed company;

fLanguage

English

Publisher

ieee

Conference_Titel

Information Processing, 2009. APCIP 2009. Asia-Pacific Conference on

Conference_Location

Shenzhen

Print_ISBN

978-0-7695-3699-6

Type

conf

DOI

10.1109/APCIP.2009.115

Filename

5197089