Research Article
Evaluation and Influence of Chinese Enterprises' Financial Efficiency Based on the Malmquist Index
Table 2
Differences in the total changes in the financial efficiency of industrial enterprises in various provinces in China.
| Provinces | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | Cumulative value |
| Beijing | 0.535 | −0.005 | 1.017 | 0.031 | 0.095 | −0.052 | 0.851 | 0.418 | 0.445 | −0.047 | −0.288 | 0.666 | 3.666 | Tianjin | 0.333 | −0.385 | 0.725 | 0.602 | 0.066 | −0.184 | 0.300 | 0.149 | −0.241 | 0.387 | −0.105 | 0.066 | 1.713 | Hebei | 0.189 | 0.046 | 0.271 | 0.330 | 0.048 | 0.136 | −0.021 | −0.010 | 0.130 | 0.130 | 0.333 | 0.087 | 1.669 | Shanxi | 0.060 | −0.043 | 0.236 | 0.344 | −0.090 | 0.001 | −0.063 | −0.151 | 0.044 | 0.011 | 0.324 | −0.155 | 0.518 | Inner Mongolia | 0.211 | 0.262 | 0.607 | 0.682 | −0.291 | −0.098 | −0.314 | −0.033 | 0.182 | 0.552 | 0.233 | −0.153 | 1.840 | Liaoning | 0.259 | 0.079 | 0.308 | 0.283 | 0.148 | 0.155 | −0.023 | −0.355 | −0.365 | 0.279 | 0.211 | −0.132 | 0.847 | Jilin | 0.048 | 0.059 | 0.206 | 0.355 | 0.132 | 0.191 | 0.103 | 0.009 | 0.160 | 0.226 | 0.325 | 0.502 | 2.316 | Heilongjiang | 0.305 | −1.033 | 0.442 | 0.191 | −0.172 | −0.141 | −0.090 | −0.125 | 0.023 | 0.317 | 0.119 | 0.028 | −0.136 | Shanghai | 0.268 | −0.050 | 0.855 | −0.230 | −0.045 | 0.341 | 0.366 | 0.054 | 0.648 | 0.065 | 0.574 | −0.507 | 2.339 | Jiangsu | 0.323 | 0.149 | 0.935 | 0.632 | 0.266 | 0.443 | 0.548 | 0.315 | 0.439 | −0.272 | −0.471 | 0.005 | 3.312 | Zhejiang | 0.163 | 0.054 | 0.246 | 0.093 | 0.032 | 0.169 | 0.115 | 0.061 | 0.314 | −0.222 | 0.177 | 0.417 | 1.619 | Anhui | 0.087 | 0.019 | 0.221 | 0.283 | −0.027 | 0.147 | 0.105 | 0.091 | 0.513 | 0.073 | −0.179 | 0.074 | 1.407 | Fujian | 0.022 | −0.010 | 0.162 | 0.210 | −0.079 | −0.011 | 0.197 | 0.070 | 0.402 | 0.192 | 0.185 | 0.551 | 1.891 | Jiangxi | −0.005 | 0.045 | 0.184 | 0.137 | 0.051 | 0.156 | 0.195 | −0.027 | 0.244 | −0.149 | 0.136 | 0.051 | 1.018 | Shandong | 0.717 | 0.675 | 1.259 | 1.095 | 0.831 | 0.595 | 0.562 | −0.207 | 0.034 | 0.357 | −0.930 | −0.460 | 4.528 | Henan | 0.023 | 0.027 | 0.398 | 0.244 | −0.131 | 0.148 | 0.195 | −0.003 | 0.169 | −0.060 | 0.460 | −0.029 | 1.441 | Hubei | 0.114 | 0.025 | 0.343 | 0.301 | −0.071 | 0.226 | 0.067 | 0.175 | 0.193 | 0.047 | 0.168 | −0.156 | 1.432 | Hunan | 0.027 | 0.025 | 0.161 | 0.275 | −0.100 | 0.144 | 0.056 | 0.101 | 0.458 | 0.335 | −0.359 | 0.110 | 1.233 | Guangdong | −0.131 | 0.543 | 1.012 | −0.324 | −0.268 | 0.363 | 0.641 | 0.447 | 0.400 | −0.516 | 0.340 | 0.466 | 2.973 | Guangxi | 0.056 | 0.008 | 0.101 | 0.192 | 0.047 | 0.190 | 0.138 | 0.111 | 0.122 | 0.241 | 0.271 | 0.272 | 1.749 | Hainan | 0.002 | −0.024 | 0.026 | 0.111 | 0.109 | 0.013 | 0.080 | 0.021 | 0.110 | 0.124 | 0.035 | 0.121 | 0.728 | Chongqing | 0.041 | −0.015 | 0.102 | 0.161 | −0.065 | 0.171 | 0.159 | 0.159 | 0.487 | 0.114 | −0.266 | 0.030 | 1.078 | Sichuan | 0.044 | 0.098 | 0.177 | 0.263 | 0.145 | 0.015 | 0.114 | 0.085 | 0.201 | 0.011 | 0.213 | 0.125 | 1.491 | Guizhou | 0.061 | −0.048 | 0.050 | 0.082 | 0.072 | 0.138 | 0.058 | 0.093 | 0.194 | 0.079 | 0.191 | 0.095 | 1.065 | Yunnan | 0.070 | 0.009 | 0.134 | 0.169 | −0.025 | 0.121 | 0.064 | 0.019 | 0.116 | −0.011 | 0.172 | −0.002 | 0.836 | Shaanxi | 0.336 | −0.227 | 0.704 | 0.510 | −0.014 | −0.041 | −0.202 | −0.298 | 0.215 | 0.729 | 0.345 | −0.239 | 1.818 | Gansu | −0.024 | −0.029 | 0.165 | 0.420 | 0.033 | 0.175 | −0.070 | −0.074 | 0.007 | 0.235 | 0.088 | 0.029 | 0.955 | Qinghai | 0.145 | 1.169 | −0.494 | 0.285 | 1.793 | −1.408 | 2.958 | −2.908 | 1.170 | 0.627 | −0.654 | −0.817 | 1.866 | Ningxia | 0.291 | −0.536 | −0.397 | −0.002 | −0.171 | 0.171 | 0.030 | 0.047 | 0.186 | 0.007 | 0.086 | −0.066 | −0.354 | Xinjiang | 0.087 | −0.712 | 0.774 | 0.220 | −0.414 | −0.108 | −0.126 | −0.171 | 0.035 | 0.038 | 0.280 | −0.225 | −0.322 | Average value | 0.155 | 0.006 | 0.364 | 0.265 | 0.064 | 0.072 | 0.233 | -0.065 | 0.235 | 0.130 | 0.067 | 0.025 | — |
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