Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)

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A Study of Post-listing Performance Changes of Science and Technology Board Enterprises - From the Perspective of Financial Indicators

Authors
Jinqi Yang1, *
1School of Natural Sciences, The University of Manchester, Manchester, M13 9PL, UK
*Corresponding author. Email: jinqi.yang@student.manchester.ac.uk
Corresponding Author
Jinqi Yang
Available Online 3 July 2025.
DOI
10.2991/978-94-6463-748-9_50How to use a DOI?
Keywords
Science and Technology Board; Financial Indicators; Corporate Performance; Listed Company Research
Abstract

This article studies the performance changes of the listed companies on the Science and Technology Innovation Board (STB) from the perspective of financial indicators, analyzes the performance trends of key indicators such as revenue growth, profitability, R&D investment, and capital structure, and reveals the changing rules of the financial performance of the listed companies and the driving factors behind them. Combined with the institutional design of the Science and Technology Innovation Board (STB) and the specific performance of the obstacles, the article discusses the causes of high valuation and performance “face”, bankruptcy and other phenomena, and analyzes the special characteristics of technology-intensive enterprises through the comparison with the U.S. Nasdaq market. The study shows that the Science and Technology Innovation Board (STIB) provides an important financing channel for emerging technology enterprises, but they generally face problems of fluctuating profitability and inefficient utilization of resources after listing. Finally, the article puts forward improvement suggestions to optimize policy regulation, improve enterprise management efficiency, and guide investor behavior, in order to promote the sustainable development and market stability of the KEM and to provide theoretical support and empirical evidence for relevant decision-making.

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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Volume Title
Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
Series
Advances in Economics, Business and Management Research
Publication Date
3 July 2025
ISBN
978-94-6463-748-9
ISSN
2352-5428
DOI
10.2991/978-94-6463-748-9_50How to use a DOI?
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.

Cite this article

risenwbib
TY  - CONF
AU  - Jinqi Yang
PY  - 2025
DA  - 2025/07/03
TI  - A Study of Post-listing Performance Changes of Science and Technology Board Enterprises - From the Perspective of Financial Indicators
BT  - Proceedings of the 2025 International Conference on Financial Risk and Investment Management (ICFRIM 2025)
PB  - Atlantis Press
SP  - 447
EP  - 458
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-748-9_50
DO  - 10.2991/978-94-6463-748-9_50
ID  - Yang2025
ER  -