A Financial Distress Prediction Model Based on Sparse Algorithm and Support Vector Machine

Table 4

Variables and top 4 principal component coefficients after filtering of all features SPCA.

Selected features	First principal component	Second principal component	Third principal component	The fourth principal component
Asset-liability ratio	0	0.70571	0	0
Current assets/total assets	0	0	0	0.70408
Noncurrent assets/total assets	0	0	0	−0.70415
Ratio of fixed assets	0	0	0	−0.09175
Shareholders’ equity/total invested capital	0	−0.04428	0	0
Interest-bearing debt/total capital invested	0	0.04428	0	0
Equity ratio	0	−0.70571	0	0
Net income/total profit from operating activities	0.29587	0	0	0
Dynamic net income/total profit from operating activities	0.29587	0	0	0
Income tax/total profit	0.90824	0	0	0
Shareholding ratio of the largest shareholder	0	0	−0.09218	0
Shareholding ratio of the top five shareholders	0	0	−0.72019	0
Shareholding ratio of the top ten shareholders	0	0	−0.68762	0