Evaluation and Analysis of the Profit Quality of Hainan's Listed Companies
The evaluation and study of the profit quality can be used to analyze a company's financial position so as to provide a basis for its decision making.In this paper,an analysis is made of 23 listed companies of Hainan in 2010 in terms of their profit authenticity,profitability,cash earning,profit stability,growth and safety.As is found,the profit quality of the 23 companies is rather poor as a whole,with the profit status of some enterprises even being worrisome for the next fiscal year.