Financial Performance Study of Chemical Listed Companies Based on SE-SBM Model

摘要

This study is based on the SBM (Slacks-based Measure) model constructed a considered undesirable outputs SBM super efficiency model to analyze the performance of China chemical enterprise. In order to understand the overall efficiency of chemical enterprise, The paper evaluation of the 49 chemical companies in 2011～2015 performance. At the same time, uses DEA-Malmquist index method on the efficiency of 49 chemical companies in 2011～2015 for dynamic analysis. The results show that: based on the analysis of technical efficiency, pure technical efficiency and scale efficiency of chemical enterprises in china, China's chemical industry is in the stage of technological innovation, and the average growth rate of technical efficiency change, technical progress change, pure technical efficiency change, scale efficiency change and total factor productivity of chemical enterprises tends to be stable, reasonable configuration structure can promote the solid development of the chemical industry.