Financial Performance Evaluation of Leading Fisheries Enterprises Based on Entropy-Weighted TOPSIS Method

Abstract

Fishery is a strategic and fundamental core industry in China. Since the 18th National Congress of the Communist Party of China, the central government has attached great importance to the fishery industry and has issued a series of policies to promote its revitalization and vigorous development. In the favorable policy environment, it is crucial for leading fisheries enterprises to pay attention to financial performance evaluation and strive to improve their own operational efficiency. In this study, we selected seven leading fisheries enterprises as research subjects and used the entropy-weighted TOPSIS method to construct a financial performance evaluation system from four dimensions: debt-paying ability, operational capability, profitability, and development potential. We then conducted performance evaluations on the seven sample companies. The research findings indicate that enterprises should focus on their development capabilities to improve their potential for sustained development, enhance the operational efficiency of fisheries enterprises, and promote their continuous and healthy growth.