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Academic Journal of Business & Management, 2023, 5(10); doi: 10.25236/AJBM.2023.051018.

Research on the Evaluation of Financial Performance of Sinobioway Biomedicine Based on Factor Analysis

Author(s)

Jin Fang, Zhao Yingxia

Corresponding Author:
Jin Fang
Affiliation(s)

School of Management, Wuhan Polytechnic University, Wuhan, Hubei, China, 430078

Abstract

Under the influence of the epidemic and the general economic environment, China's biopharmaceutical industry is facing opportunities and challenges. In this paper, we take the biopharmaceutical industry as the research object, and construct a financial performance evaluation model by factor analysis of 8 financial indicators that reflect the comprehensive ability of solvency, operating ability, profitability and development ability of 10 selected biopharmaceutical industries through stata software, evaluate their financial performance and make a comprehensive analysis of the financial performance of Sinobioway Biomedicine, and finally propose countermeasures and suggestions.

Keywords

Factor analysis; Financial performance; Performance evaluation

Cite This Paper

Jin Fang, Zhao Yingxia. Research on the Evaluation of Financial Performance of Sinobioway Biomedicine Based on Factor Analysis. Academic Journal of Business & Management (2023) Vol. 5, Issue 10: 111-117. https://doi.org/10.25236/AJBM.2023.051018.

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