Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China

Research Article

Profit Analysis of Listed Enterprises of Traditional Chinese Medicine — Based on Threshold Regression Model

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  • @INPROCEEDINGS{10.4108/eai.18-11-2022.2326758,
        author={Yanyin  Cui and Zining  Zhang and Yufang  He and Fang  Xia},
        title={Profit Analysis of Listed Enterprises of Traditional Chinese Medicine --- Based on Threshold Regression Model},
        proceedings={Proceedings of the 4th International Conference on Economic Management and Model Engineering, ICEMME 2022, November 18-20, 2022, Nanjing, China},
        publisher={EAI},
        proceedings_a={ICEMME},
        year={2023},
        month={2},
        keywords={enterprises of traditional chinese medicine panel model threshold},
        doi={10.4108/eai.18-11-2022.2326758}
    }
    
  • Yanyin Cui
    Zining Zhang
    Yufang He
    Fang Xia
    Year: 2023
    Profit Analysis of Listed Enterprises of Traditional Chinese Medicine — Based on Threshold Regression Model
    ICEMME
    EAI
    DOI: 10.4108/eai.18-11-2022.2326758
Yanyin Cui1, Zining Zhang1, Yufang He1, Fang Xia1,*
  • 1: Changchun University of Chinese Medicine
*Contact email: Xiafang425@126.com

Abstract

As the important part of China's pharmaceutical market, the gross profit fluctuation of the Chinese medicine market will adjust the structure of the pharmaceutical market from different degrees. In order to study the effect of return on total assets on gross profit ratio in listed Enterprises of Traditional Chinese Medicine. This paper selects the relevant data of 52 Listed Enterprises of Traditional Chinese Medicine, using the threshold regression model of panel date to estimate the threshold effect of the corresponding variables. The results testify that there is the double threshold benefit for the gross margin of sales in the asset turnover and flow speed of Listed Enterprises of Traditional Chinese Medicine. The profitability of Listed Enterprises of Traditional Chinese Medicine is affected by the flow of assets and the ability of liquidate.