Research Article
Profit Analysis of Listed Enterprises of Traditional Chinese Medicine — Based on Threshold Regression Model
@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
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.