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Evaluation of Financial Performance on Oil Industry Central Enterprises Based on Principal Component Factor Analysis

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Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013)
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Abstract

The three major oil central enterprises of China are elected in FORTUNE 500. Their rankings are respectively 5th, 6th and 101st in 2012. However, ranking in FORTUNE 500 is based on only one indicator, which is operating income. Although the three companies have their Annual Financial Reports, we can’t compare their financial performance. Therefore, we constructed a set of financial performance evaluation index system, and evaluate their financial performance with the method of principal component factor analysis.

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Correspondence to Yan-fang Gao .

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Gao, Yf., Gao, Ap., Shi, N. (2014). Evaluation of Financial Performance on Oil Industry Central Enterprises Based on Principal Component Factor Analysis. In: Qi, E., Shen, J., Dou, R. (eds) Proceedings of 2013 4th International Asia Conference on Industrial Engineering and Management Innovation (IEMI2013). Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-40060-5_39

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