Author(s)

Chongming Liu, Yingjie Teng

Corresponding Author

Yingjie Teng

ABSTRACT

The growth of Sci-Tech Innovation Board listed companies directly affects the sustainable development of the board. It is obviously incomplete to evaluate the growth only from internal financial factors. The non-financial factors outside the company are more important. This article constructs a comprehensive growth evaluation index system including financial and non-financial indicators. They are policy support, industry development potential, market prospects, technology and innovation, financing capacity, and earnings growth potential. The first 25 listed companies on Sci-Tech Innovation Board were used as samples. Empirical analysis was performed on sample data by factor analysis, and comprehensive factors affecting growth were extracted. Finally, the growth of Sci-Tech Innovation Board listed companies was scored and ranked.

KEYWORDS

Sci-tech innovation board listed companies, growth evaluation, factor analysis method