| 刊名 | Asian Agricultural Research |
| 作者 | Chuanshu WEN， Xiaohan TANG |
| 作者单位 | Chongqing Technology and Business Institute； Chongqing Technology and Business University |
| DOI | 10.19601/j.cnki.issn1943-9903.2025.03.009 |
| 年份 | 2025 |
| 刊期 | 3 |
| 页码 | 43-47，52 |
| 关键词 | Feed industry, Factor analysis, Cluster analysis, Financial evaluation |
| 摘要 | The feed industry serves as a critical intermediary between agriculture and animal husbandry, providing essential support for the modern breeding industry. Utilizing the annual financial report data from 19 publicly listed companies within the feed industry in 2023, a comprehensive evaluation index system was developed to assess the financial performance of these companies from four dimensions： debt paying ability, operational ability, profitability, and development ability. Factor analysis and hierarchical cluster analysis were employed to assess the financial performance of publicly listed companies within the feed industry. By comparing the mean classifications and comprehensive scores, this study analyzed the strengths and weaknesses of these listed feed companies. Ultimately, it offered recommendations for improvement in areas such as product optimization and enhancement, reasonable liability management, and the advancement of company governance practices. |
