ABSTRACT
capital is the core element of enterprise operation, and enterprise working capital management is closely related to enterprise profitability. This paper selects China's household electrical appliance enterprises as the research object, and constructs a multiple regression analysis model based on the data of household electrical appliance enterprises in China's Shanghai and Shenzhen A-share listed companies from 2016 to 2020, from the correlation between working capital investment and financing policies and enterprise profitability, the correlation between accounts receivable turnover period and enterprise profitability, the correlation between inventory turnover period and enterprise profitability This paper makes an empirical analysis from four aspects: the correlation between accounts payable turnover period and enterprise profitability, studies the correlation between enterprise working capital management and enterprise profitability, and puts forward relevant suggestions.
- Sareeya Wichitsathian and Chosita Pestonji. Static and dynamic working capital management: the direct and indirect impacts on profitability and market value[J]. International Journal of Monetary Economics and Finance, 2019, 12(6)Google Scholar
- Kafeel;Ali Javed;Ud Din Maaz;Waris Abdul;Tahir Muhammad;Khan Sher Working Capital Management and Firms Profitability: Dynamic Panel Data Analysis of Manufactured Firms[J]. Journal of Financial Risk Management, 2020, 09(04) : 494-517Google ScholarCross Ref
- Tu Sujiang. Discussion on the relationship between working capital management efficiency and corporate performance of listed enterprises in the information technology industry [D]. Jiangxi University of Finance and Economics, 2014.Google Scholar
- Sun Li. Research on the correlation between working capital management and corporate profitability [D]. Northwest University, 2015.Google Scholar
- Wang Yi. An Empirical Study on Working Capital Management and Corporate Profitability from the Perspective of Financing Constraints [D]. Guangxi Normal University, 2016.Google Scholar
- Zhang Ying, Li Jian, Xue Huirong, Working capital management, corporate social capital and enterprise development: an empirical study based on panel data of listed enterprises in China [J]. Nanjing Business Review, 2018 (02): P.55 -78.Google Scholar
- Zhang Dongqing. Research on the efficiency of working capital management of listed enterprises based on DEA [J]. The Chinese Certified Public Accountant, 2019(03): 104-109.Google Scholar
- Ma Lizheng. An Empirical Test of the Impact of Inflation Expectations on the Management of Corporate "Operational" Working Capital [J]. Statistics & Decision, 2019, 35(12): 177-181.Google Scholar
- Lan Suying, Yu Min. OPM Strategy, Working Capital Management Efficiency and Corporate ValueFrom the Perspective of Supply Chain Management of Listed Manufacturing Enterprises [J]. Friends of Accounting, 2019(15): 55-59.Google Scholar
- Zhao Bin. The impact of working capital management strategies on corporate profitability [J]. Finance and Accounting Monthly (Accounting Edition), 2020 (07): 19-23.Google Scholar
- Wu, J., Zhang, G., Yue, X. Application study of Bayes stepwise discriminant analysis method in evaluation of difficulty degree of water infusion for coal seam (2016) Journal of the Balkan Tribological Association, 22 (3A-II), pp. 3596-3601.Google Scholar
- Sun, C., Yue, X., Lin, S., Madfa, A.A. Application and numerical simulation of infinitesimal body heat balance method (2016) Journal of the Balkan Tribological Association, 22 (3A-II), pp. 3580-3586.Google Scholar
- Madfa, A.A., Al-Hamzi, M.A., Al-Sanabani, F.A., Al-Qudaimi, N.H., Yue, X.-G. 3D FEA of cemented glass fiber and cast posts with various dental cements in a maxillary central incisor (2015) SpringerPlus, 4 (1), art. no. 598, 8 p. DOI: 10.1186/s40064-015-1345-4.Google Scholar
- Yue, X.-G., Zhao, S.-L., Ren, G.-F. A new algorithm of sensitivity analysis based on neural network for safety engineering (2015) Journal of Computational and Theoretical Nanoscience, 12 (11), pp. 4111-4113. DOI: 10.1166/jctn.2015.4325.Google Scholar
- Zhao, S.-L., Zhang, G., Li, M.-X., Yue, X.-G., Wang, D.-D. Rock microcrack's dominant direction and the anisotropy (2015) Wuhan Ligong Daxue Xuebao/Journal of Wuhan University of Technology, 37 (5), pp. 57-63. DOI: 10.3963/j.issn.1671-4431.2015.05.010Google Scholar
- Zhang, G., Yue, X.-G., Li, F., Zhao, S.-L. Partially stabilised zirconia stability prediction based on opposite degree algorithm for safety engineering (2015) Materials Research Innovations, 19, pp. S5671-S5673. DOI: 10.1179/1432891714Z.0000000001173Google Scholar
- Yue, X.-G., Zhang, G., Wu, Q., Li, F., Chen, X.-F., Ren, G.-F., Li, M. Wearing prediction of stellite alloys based on opposite degree algorithm (2015) Rare Metals, 34 (2), pp. 125-132. DOI: 10.1007/s12598-014-0430-0Google Scholar
- Sun, Y., Cao, Y., Xiong, F., Yue, X., Qiu, J., He, X., Zhao, F.The wood slice cell image identification algorithm based on singular value decomposition (2015) Journal of Computational and Theoretical Nanoscience, 12 (12), pp. 5372-5378. DOI: 10.1166/jctn.2015.4529Google Scholar
- Cao, Y., Xiong, F., Yue, X., Zhao, Y. Computer simulations find the optimum combination of solexa sequencing libraries (2015) Journal of Computational and Theoretical Nanoscience, 12 (12), pp. 5059-5065. DOI: 10.1166/jctn.2015.4474Google Scholar
- Biqing, L., Weili, G., Shiyong, Z., Xiaoguang, Y. Optimisation design of corn precision seeder based on multi-route and multi-channel control (2015) Journal of the Balkan Tribological Association, 21 (4), pp. 1215-1223.Google Scholar
- Sun, C., Yue, X.G. Method based on rough set and improved petri net for transformer fault diagnosis (2015) International Journal of Online Engineering, 11 (8), pp. 25-28. DOI: 10.3991/ijoe.v11i8.4879Google Scholar
- Wang, G.-Z., Yue, X.-G. Prediction of transport tanks safety based on general regression neural network (2015) Journal of Computational and Theoretical Nanoscience, 12 (8), pp. 1560-1562. DOI: 10.1166/jctn.2015.3928Google Scholar
- Ren, Q.G., Zhang, G., Yue, X.G., Liao, W.C. Deep foundation pit monitoring based on CX-3C inclinometer (2014) Applied Mechanics and Materials, 484-485, pp. 404-407. DOI: 10.4028/www.scientific.net/AMM.484-485.404Google Scholar
- Yuan, D.C., Yue, X.G., Wang, C., Zhang, J.F. Gas emission prediction based on coal mine operating data (2014) Applied Mechanics and Materials, 484-485, pp. 604-607. DOI: 10.4028/www.scientific.net/AMM.484-485.604Google Scholar
- Yuan, D.C., Yue, X.G. SVMR model for coal mine cost management prediction (2014) Applied Mechanics and Materials, 484-485, pp. 608-611. DOI: 10.4028/www.scientific.net/AMM.484-485.608Google Scholar
Recommendations
Correlation analysis of profitability and working capital of small and medium-sized manufacturing industries in China based on GMM research method
AICSconf '21: 2021 2nd Artificial Intelligence and Complex Systems ConferenceManufacturing is very important for the prosperity and development of all countries. Almost all countries have made progress in manufacturing. In recent years, Chinese manufacturing enterprises, especially small and medium-sized manufacturing ...
Factors Associated with the Year-End Decline in Working Capital
Working capital is an important indicator of firm operational efficiency. All else being equal, lower levels signal greater efficiency. Managers are thus likely to be motivated to report lower levels of working capital at times of greater external ...
The Influence of the Capital Structure of State Enterprises on the Profitability of the Enterprise
Internet of Things, Smart Spaces, and Next Generation Networks and SystemsAbstractThe study examined the relationship between the capital structure and profitability of SOEs. A literature review on the relationship between firm profitability and capital structure has shown that there is a positive, negative or neutral ...
Comments