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Table 8 Factor loading matrix for company performance

From: Who reports high company performance? A quantitative study of Chinese listed companies in the energy industry

Factor Variables Component
1 2 3 4 5 6
Factor 1 Return on equity 0.891 −0.190 −0.275 −0.129 −0.048 0.129
  Earnings before interest and tax ratio 0.876 −0.037 −0.046 0.269 0.024 0.324
  Return on assets 0.859 −0.174 0.001 0.248 0.033 0.351
  Cost and expense ratio 0.743 −0.297 0.279 0.334 0.089 −0.043
  Main business gross profit ratio 0.677 −0.319 0.297 0.321 0.069 −0.348
Factor 2 Total assets growth ratio 0.392 0.885 0.124 −0.086 0.027 −0.112
  Main business growth ratio 0.391 0.883 0.117 −0.099 0.038 −0.080
  Capital preservation growth ratio 0.469 0.840 0.115 −0.105 0.021 −0.071
Factor 3 Quick ratio 0.070 −0.215 0.790 −0.523 0.176 0.118
  Current ratio 0.051 −0.211 0.774 −0.545 0.176 0.152
Factor 4 Equity ratio −0.497 0.241 0.424 0.653 0.123 0.253
  Debt to tangible assets ratio −0.503 0.253 0.419 0.653 0.120 0.235
Factor 5 Cash to net profit ratio −0.056 0.015 −0.251 −0.041 0.880 −0.076
  Cash to profit ratio −0.009 0.004 −0.254 −0.026 0.876 −0.046
Factor 6 Total assets turnover −0.120 0.218 0.282 −0.313 −0.083 0.739
  Inventory turnover 0.031 0.053 0.113 0.010 −0.224 0.674
  1. Italicized values indicate the factor loading value is >0.5, reflecting the items of each of the factors