Welcome to Chinese Agricultural Science Bulletin,

Chinese Agricultural Science Bulletin ›› 2014, Vol. 30 ›› Issue (11): 29-33.doi: 10.11924/j.issn.1000-6850.2013-2451

Special Issue: 水产渔业

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Study on Investment Valuation of Listed Marine Fisheries Companies——Based on DDM and P/E Ratio Models

  

  • Received:2013-09-16 Revised:2013-12-04 Online:2014-04-15 Published:2014-04-15

Abstract: Recently the State Council issued a number of observations on the promotion of sustained and healthy development of marine fisheries, which support qualified marine fisheries enterprises listing and financing. This means China's marine fisheries enterprises will further activity in the capital markets in the future. Study the investment value of listed marine fisheries companies will help investors pay more attention to the listed company itself conduct of operations and performance, for the managers of listed marine fisheries companies, the ease of analysis in which the position in the industry, identify factors affecting investment value, so as to provide reference for the next operation. This article is based on DDM and earnings model and takes empirical analysis on using individual stocks, through the use of two different models for the intrinsic value of ZhangZiDao estimate; compares its current trading price on the market for investment advice.