电力行业上市公司资本结构与盈利能力关系的分析

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1、-接下来是本文的核心部分，主要通过一些变量选取方法对电力行业 上市公司的资本结构与盈利能力评价指标进行确定，并利用SPSS软件对 所采集到的数据利用回归分析等方法进行整理分析。分析证实：第一， 资产负债率与每股收益、流动比率、存货周转率、净利润增长率成反比； 与净资产收益率、主营业务利润率、主营业务收入增长率成正比。第二， 每股现金净流量和每股净资产对资产负债率指标的影响较大，在做融资 决策时需着重考虑，同时，应注意负债的抵税作用。最后，本文对上一部分分析结果进行细致分析，并针对分析结果所 显示出来的问题对优化电力行业上市公司资本结构、提升电力行业上市 公司的盈利能

2、力提出合理性对策建议。关键词：电力行业，上市公司，资本结构，盈利能力------THERESEARCHOFTHERELATIONSHIPBETWEENCAPITALSTRUCTUREANDPROFITABILITYOFPOWERINDUSTRYLISTEDCOMPANYABSTRACTWiththesocialandeconomicdevelopmentinChina,listedcompanieshasbecomeanimportantcomponentofChina'seconomicreformanddevelopmentprocess,andthedevel

3、opmentoflistedcompanieshasbecomeanimportantdrivingforceinthelocalsocio-economicdevelopment.Studieshaveshownthatthereisarelationshipbetweenthecapitalstructureandtheprofitability.Therefore,thefurtherdevelopmentoftherelationshipbetweenthecapitalstructureoflistedcompaniesoftheelectricityin

4、dustryanditsprofitabilityoflistedcompaniesonthedomesticpowerindustryhasanimportanttheoreticalandpracticalsignificance.------Firstly,bycomparingtherelationshipbetweencapitalstructureandprofitabilityoflistedcompaniesathomeandabroadresearchdescribestheresearchbackgroundofthispaper,theoret

5、icalandpracticalsignificance.Andthereisanoverviewofthisresearchcontentandresearchmethods.Secondly,thispaperintroducestheconceptofcapitalstructure,thebasictheoreticalbackgroundandtheevaluationofthecorporatecapitalstructureandprofitabilityathomeandabroad.Thirdly,theauthormakesastudyonthe

6、capitalstructureandprofitabilityoflistedcompaniesonChina'spowerindustry.Inthissection,theauthorconductsacomprehensiveanalysisontheelectricpowerindustrydevelopmentstatusofthelistedcompaniesaswellasthecorrelationbetweenlistedcompanies'capitalstructureandprofitabilityofthepowerindustry,wh

7、ichprovidesasupportforthefollowingempiricalanalysis.Nextisthecorepartofthepaper.Theevaluationofcapitalstructureandprofitabilityoflistedcompaniesinthepowerindustryisdeterminethroughanumberofvariableselectionmethods.AndthecollecteddatahasbeenanalyzedusingSPSSsoftwareusingregressionanal