The difference of main operation ratios performance between energy industry and Electronics and appliances industry: a discriminant analysis from 19 listed companies

Companies in different industries have their own operation situation. Then, if companies a same industry are facing some general problems or advantages, will financial performance of an be distinguishable from industry? Through using discriminant analysis, the paper gives out outcome differentiating two based on combination ratios. Each is represented by number that listed and successful. Five rations been adopted combined, including Current Ratio, Operating Expense Gross Profit Margin EBIT Margin. The finds Ratio highest Mahalanobis distance, which means best way to distinguish However, too small effective, so people hard decide company only its business performance.