Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an Example

In today’s diversified development model, the combination of modeling and business decision development is particularly important. The advanced theoretical business model established by modeling enables more efficient and accurate financial analysis. In the original enterprise profit evaluation mode...

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Main Authors: Junke Chen, Yifan Liu, Qigang Zhu
Format: Article
Language:English
Published: MDPI AG 2022-06-01
Series:Mathematics
Subjects:
Online Access:https://www.mdpi.com/2227-7390/10/12/2107
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author Junke Chen
Yifan Liu
Qigang Zhu
author_facet Junke Chen
Yifan Liu
Qigang Zhu
author_sort Junke Chen
collection DOAJ
description In today’s diversified development model, the combination of modeling and business decision development is particularly important. The advanced theoretical business model established by modeling enables more efficient and accurate financial analysis. In the original enterprise profit evaluation model, the DuPont analysis method cannot take into account the development capability of the enterprise very well. This article takes Tencent Music as an example, and improves it on the basis of DuPont analysis. The Enterprise Capital Profit Model was proposed. At the same time, the LASSO regression based on cluster analysis is used to screen, analyze, and diagnose the financial data of Tencent Music in recent years, which verifies the validity and feasibility of the model. This paper uses the report data combined with statistical modeling to optimize the traditional financial evaluation method of enterprises, better find problems, and provide strategies for the further development of enterprises. Likewise, the method can be extended to other businesses to help them analyze their financial situation and provide a reference for future development.
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spelling doaj.art-0e4ec86368d14f19ab676d7257563a482023-11-23T17:49:50ZengMDPI AGMathematics2227-73902022-06-011012210710.3390/math10122107Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an ExampleJunke Chen0Yifan Liu1Qigang Zhu2Department of Finance and Economics, Shandong University of Science and Technology, Jinan 250031, ChinaDivision of Information Science and Technology, Graduate School at Shenzhen, Tsinghua University, Shenzhen 518055, ChinaDepartment of Electrical Engineering & Information Technology, Shandong University of Science and Technology, Jinan 250031, ChinaIn today’s diversified development model, the combination of modeling and business decision development is particularly important. The advanced theoretical business model established by modeling enables more efficient and accurate financial analysis. In the original enterprise profit evaluation model, the DuPont analysis method cannot take into account the development capability of the enterprise very well. This article takes Tencent Music as an example, and improves it on the basis of DuPont analysis. The Enterprise Capital Profit Model was proposed. At the same time, the LASSO regression based on cluster analysis is used to screen, analyze, and diagnose the financial data of Tencent Music in recent years, which verifies the validity and feasibility of the model. This paper uses the report data combined with statistical modeling to optimize the traditional financial evaluation method of enterprises, better find problems, and provide strategies for the further development of enterprises. Likewise, the method can be extended to other businesses to help them analyze their financial situation and provide a reference for future development.https://www.mdpi.com/2227-7390/10/12/2107enterprise financial evaluationfinancial data applicationmathematical statistical modelingtheoretical model analysis
spellingShingle Junke Chen
Yifan Liu
Qigang Zhu
Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an Example
Mathematics
enterprise financial evaluation
financial data application
mathematical statistical modeling
theoretical model analysis
title Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an Example
title_full Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an Example
title_fullStr Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an Example
title_full_unstemmed Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an Example
title_short Enterprise Profitability and Financial Evaluation Model Based on Statistical Modeling: Taking Tencent Music as an Example
title_sort enterprise profitability and financial evaluation model based on statistical modeling taking tencent music as an example
topic enterprise financial evaluation
financial data application
mathematical statistical modeling
theoretical model analysis
url https://www.mdpi.com/2227-7390/10/12/2107
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AT qigangzhu enterpriseprofitabilityandfinancialevaluationmodelbasedonstatisticalmodelingtakingtencentmusicasanexample