Evaluation on the Growth of Listed SMEs Based on Improved Principal Component Projection Method

摘要

Small and medium enterprises are an integral parts of economic development, and the growth of listed SMEs can be taken as an indicator. This paper sets up a growth index system to evaluate the growth of listed SMEs. Using a sample of 64 listed SMEs on the Shanghai and Shenzhen stock exchange, this paper empirically verifies the growth and current development situation of listed SMEs based on improved principal component projection method. Results show that growth of information technology industry is higher than manufacturing, the key elements of enterprise growth lie on current situation, profitability and fund operation ability. This paper also puts forward corresponding countermeasures and suggestions on small and medium enterprises growth.