Descriptive Statistical Analysis of the Financial Condition of Listed Companies in China's Manufacturing Industry: Based on 2012-2022 Financial Data

DOI: https://doi.org/10.62517/jiem.202303203

Author(s)

Ting Dai1, 2

Affiliation(s)

1Jiangxi University of Software Professional Technology, Nanchang, Jiangxi Province, China 2Philippine Christian University Center for International Education, Manila, 1004, Philippines

Abstract

After years of revolution and innovation, China's manufacturing industry has formed a relatively mature industrial system and a considerable scale, laying the foundation for the economic prosperity of China, creating the conditions of social stability and realizing the improvement of people's living situations. This paper collects the financial data of China's manufacturing companies which are selected from public market from 2012 to 2022, and analyzes the profitability, operating ability, solvency and growth ability of listed manufacturing companies. Conclusions are drawn: first, the profitability of public-market manufacturing companies is polarized. Second, public-market manufacturing companies from China have strong cost and expense control ability, and have realized the transformation from rough development to refined production. Third, public-market manufacturing companies from China are generally averse to debt leverage. Fourth, the willingness of production reinvestment of public-market manufacturing companies from China in China's manufacturing industry is decreasing, and their profitability is gradually declining with the rise of operating costs.

Keywords

Manufacturing; Financial Analysis; Descriptive Statistics

References

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