信息技术行业上市公司投资价值研究

发布时间：2018-04-23 03:12

本文选题：IT行业 + 投资价值　；参考：《黑龙江八一农垦大学》2015年硕士论文

【摘要】：随着科学技术的不断进步，信息技术行业迅猛发展，对GDP的贡献率逐年上升，同时也不断地推动着整个社会结构发生翻天覆地的变革。如今对信息技术行业的投资又在资本市场上掀起新一轮的投资热潮。而信息技术行业上市公司仍存在着公司数量庞大、质量参差不齐等问题。因此，如何正确评价信息技术行业上市公司投资价值已成为资本市场上投资者们共同关注的焦点。在分析价值投资理论的基础上，遵循科学性、全面性及导向性等原则，，并围绕信息技术行业上市公司独有的高风险、高收益、高科技等行业特性，构建了具有针对性的全面的反映信息技术行业上市公司投资价值的综合评价指标体系。本文选取主板A股55家信息技术行业上市公司2010年-2013年数据作为支持。首先，运用投影寻踪法对信息技术行业上市公司投资价值进行初步筛选评定，得出各公司相应的综合得分，并对其进行优劣排序。其次，通过采用差异分析法对投影寻踪模型得出的评价结果进行进一步调整,进而得出最终的判定结果，以确定哪些上市公司具备良好的投资价值。研究结果表明：综合运用投影寻踪模型与差异分析模型来判定信息技术行业上市公司是否具备投资价值，其结果具有一定的实用性和稳定性。评价结果可以为投资者判定上市公司的投资价值提供决策依据。
[Abstract]:With the development of science and technology and the rapid development of information technology industry, the contribution rate to GDP is rising year by year. Now investment in information technology industry in the capital market set off a new round of investment boom. The information technology industry listed companies still exist a large number of companies, uneven quality and other problems. Therefore, how to correctly evaluate the investment value of listed companies in information technology industry has become the common focus of investors in the capital market. On the basis of analyzing the theory of value investment, following the principles of science, comprehensiveness and guidance, and focusing on the characteristics of high risk, high income, high technology and other industries unique to listed companies in the information technology industry, A comprehensive evaluation index system reflecting the investment value of listed companies in information technology industry is constructed. This paper selects 55 information technology industry listed companies on the main board as the data of 2010-2013. Firstly, the projection pursuit method is used to select and evaluate the investment value of listed companies in information technology industry, and the corresponding comprehensive scores of each company are obtained, and the merits and demerits of the listed companies are ranked. Secondly, the evaluation results of projection pursuit model are further adjusted by using difference analysis method, and the final judgment results are obtained to determine which listed companies have good investment value. The results show that the projection pursuit model and the difference analysis model are used to determine whether the listed companies in the information technology industry have investment value. The results are practical and stable. The evaluation results can provide decision basis for investors to judge the investment value of listed companies.
【学位授予单位】：黑龙江八一农垦大学
【学位级别】：硕士
【学位授予年份】：2015
【分类号】：F49;F275

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