Impact of Financial Indicators on Stock Price Based on Chinese Baijiu Listed Companies

DOI

10.2991/978-94-6463-706-9_30How to use a DOI?

Keywords

Correlation analysis; Stock price; Financial indicator; Factor analysis; Regression analysis

Abstract

How to determine the trend of stock prices is the most concerning topic for stock investors. This paper takes the stocks of Kweichow Moutai, Jiannanchun and Jiugui Liquor as the research objects, selects financial indicators in the quarterly financial statements of these companies from 2005 to 2023 and quarterly stock closing prices as data samples, uses SPSS to conduct factor analysis and regression analysis, and studies the relationship between financial indicator and stock price. The results show that quick ratio, equity ratio, diluted earnings per share and net asset value per share of Kweichow Moutai have a greater positive impact on the stock price; Jiannanchun’s current ratio, quick ratio, year-on-year growth rate of net profit, year-on-year growth rate of total operating revenue, and net asset value per share positively influences stock prices. on the stock price; The current ratio, quick ratio, equity ratio, net profit margin, year-on-year growth rate of net profit, year-on-year growth rate of total operating revenue, diluted earnings per share, and net asset value per share of Jiugui liquor have a significant positive impact on the stock price. Different financial indicators have different impacts on the stock prices of Baijiu companies of different grades, so investors should consider carefully when investing.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Peng Zhang
PY  - 2025
DA  - 2025/05/07
TI  - Impact of Financial Indicators on Stock Price Based on Chinese Baijiu Listed Companies
BT  - Proceedings of the 2024 2th International Conference on Economic Management, Financial Innovation and Public Service (EMFIPS 2024)
PB  - Atlantis Press
SP  - 330
EP  - 339
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-706-9_30
DO  - 10.2991/978-94-6463-706-9_30
ID  - Zhang2025
ER  -