Research on Financial Status and Later Growth of the Enterprise Based on Financial Accounting Data under EWM-TOPSIS Model
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DOI: 10.23977/ETEM2021004
Corresponding Author
Yiting Zhang
ABSTRACT
Given the research on the future development and current financial situation of the enterprise, this paper selects 13 indexes in total according to the solvency, profitability, operation capability, and growth ability, establishes a comprehensive evaluation model combining the entropy weight method (EWM) and the technique for the order of preference by similarity to ideal solution (TOPSIS) and analyzes the situation of BY-HEALTH Company in the past 12 years. It is found that the two types of comprehensive scores fluctuate greatly before and after 2010, which corresponds to the actual situation of the company's operation. This proves the rationality of the model in this paper, which can correctly reflect the actual situation of enterprise operation and development, providing a new analytical perspective for enterprise evaluation and a basis for investors to make decisions.
KEYWORDS
EWM, TOPSIS, Financial position, Enterprise growth, BY-HEALTH
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