The Application of Financial Analysis System of Enterprise Core Competitiveness: A Case Study of the Listed Company in Shanxi Province

摘要

According to the core, leading, coordinative and dynamic nature of the enterprise core competitiveness, a system that consists of four enterprise financial analysis indexes, namely, human capital return on investment, R&D and innovation capability, cash balance capacity and return rate on capital investment is set up. This paper attempted to test the reasonability and feasibility of the practical application of this system. Therefore, it made the empirical test on the five years' financial data of 35 listed companies in Shaanxi province, and found that the fitting effect of the four financial analysis indexes was good, and the explanatory degree of each indicator and the enterprise core competitiveness is 72.26%. As a consequence, it is viable to adopt the four indicators to reflect and explain enterprise core competitiveness.