Profitability analysis of Chinese listed firms: 1992-2004

• Main Authors: NIU, Jianjun, YUE, Heng, JIANG, Guohua
• Format: text
• Language: English
• Published: Institutional Knowledge at Singapore Management University 2008
• Subjects: profitability analysis; listed firms; stock market reform; Accounting; Asian Studies; Corporate Finance
• Online Access: https://ink.library.smu.edu.sg/soa_research/1675; https://ink.library.smu.edu.sg/context/soa_research/article/2702/viewcontent/1451884339431.pdf
• Institution: Singapore Management University

This research collects and analyses the profitability data of Chineselisted companies from 1992 to 2004. Results show that, on average, theprofitability of Chinese listed companies has declined over the period. Post-IPOearnings also exhibit a downward trend. A further analysis reveals that changes i...