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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