Research on Financial Quality Evaluation of Listed Companies in Shandong Province Based on Factor Analysis

The financial quality of listed companies is the concentrated expression of the management and utilization efficiency of various resources. It is also the degree that the company s financial effect can meet the needs of the stakeholders and the quantification of the company s competitiveness. This paper takes the financial data of 169 listed companies in Shandong Province from 2012 to 2016 as the research samples, and analyzes the financial quality of the sample by enterprises from the asset quality, capital quality, earnings quality and enterprise growth quality factor analysis, evaluates the financial quality of these companies and points out the important influence factors of how to improve the financial structure and how to promote the efficiency of enterprise’s management. It will be helpful to promote the sustained and healthy development of the listed companies in Shandong Province.