• Title/Summary/Keyword: Stock Performance

Search Result 805, Processing Time 0.027 seconds

An efficient method on two-phased guillotine cutting stock (효율적인 2단계 길로틴 평면절단 방법)

  • Kim, Sang-Youl;Park, Soon-Dal
    • IE interfaces
    • /
    • v.8 no.2
    • /
    • pp.151-159
    • /
    • 1995
  • Two-dimensional cutting stock problem is to find a waste-minimizing method of cutting a single rectangular plane into a number of smaller pieces of known dimensions. In practice, besides wastes, setup cost taken during adjusting is of an important concern. We suggest 2-phased guillotine cutting method as a solution to the problem which minimize wastes and setup costs. Also, in order to reduce the computing time we apply techniques of discretization, cutoff, median. Experimental results show good performance of our algorithm.

  • PDF

Performance Evaluation and Housing Design for Direct Current Surge Arrester in Railway Rolling Stock (직류 전차 탑재형 피뢰기의 하우징 설계 및 성능평가)

  • 조한구;김석수;한세원;이운용
    • Proceedings of the Korean Institute of Electrical and Electronic Material Engineers Conference
    • /
    • 2000.07a
    • /
    • pp.128-131
    • /
    • 2000
  • The main objective of this paper is to design and test a new type of polymer ZnO surge arrester for DC power system of railroad vehicles. The rated voltage is 1500V direct current. The main research works are focused on structure design by finite element method, rating voltage, temporary over voltage and studies of characteristics of polymeric surge arrester.

  • PDF

Key Performance Indicators to Diagnose Poor Farm Performance and Profitability of Smallholder Dairy Farmers in Asia

  • Moran, John B.
    • Asian-Australasian Journal of Animal Sciences
    • /
    • v.22 no.12
    • /
    • pp.1709-1717
    • /
    • 2009
  • This review presents a series of Key Performance Indicators (KPI) to assist Asian smallholder dairy farmers in identifying the possible causes for their poor farm performance and profitability. When assessing farm profitability, these indicators can be split into two types, those diagnosing problems with feeding management and those indicating poor herd management. As home grown forage is generally cheaper to source than purchased forage, the more produced on farm, the better. Too many stock on limited land is a common feature on Asian dairy small holdings. Unlike other classes of livestock, milking cows have very high nutrient requirements, therefore high quality forages and concentrates are essential for profitable dairying. Milk income less feed cost is one of the simplest and easy to measure indicators of farm profitability and is also quick to respond to small changes in farm practices. Problems with herd management can be diagnosed using measures such as the proportion of cows actually milking in the herd or their peak yield and persistency of production. There are also simple indicators of herd reproductive performance and of health and growth of young stock that assist in searching for the underlying causes of poor farm profitability.

The Impact of Ownership Structure on Listed Firms' Performance in Vietnam

  • VO, Dut Van;TRAN, Truc Viet Thanh;DANG, Nga Thi Phuong
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.11
    • /
    • pp.195-204
    • /
    • 2020
  • The aim of this study is to estimate the impact of ownership structure on the performance of listed firms in transition economy. Buiding upon agency theory, hypotheses on such relationship are proposed. A detailed panel data of 502 non-financial companies listed on Ho Chi Minh Stock Exchange and Hanoi Stock Exchange over the period from 2013 to 2018, and the system generalized method of moment estimation are employed to test the proposed hypotheses. To ensure the reliability of data, this study excludes companies that violate information disclosure regulations or that are subject to special supervision by the State Securities Commission of Vietnam. Some firms with inadequate information, firms that lack the financial data required for creating variable or firms that have inconsistent construction are also re-screened. We only collect the data of enterprises that have ownership structure of two or more components. Estimation results reveal that state ownership has an U-shaped relationship with the performance of Vietnamese listed firms, while foreign ownership and the degree of ownership concentration have an inverted U-shaped relationship with listed firms' performance. The article provides governance implications that Vietnamese listed firms should decrease state ownership and foreign ownership to improve firm performance in order to boost investors' confidence.

Relationship Between Corporate Social Responsibility Expenditures and Performance in Jordanian Commercial Banks

  • BANI-KHALED, Sakhr M.;EL-DALABEEH, Abdel Rahman K.;AL-OLIMAT, Nofan H.;AL SHBAIL, Mohannad O.
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.3
    • /
    • pp.539-549
    • /
    • 2021
  • This study aims to examine the relationship between corporate social responsibility (CSR) expenditures and both financial and non-financial performance of Jordanian commercial banks during the period 2008-2018. To measure the variables of interest, secondary data published on Amman Stock Exchange (ASE) website were processed to become preliminary data suitable for the nature of the study. The study sample amounted to 13 commercial banks, which represent all Jordanian commercial banks listed on ASE.. The study found that there is a positive, statistically significant relationship between CSR expenditures and financial performance, as the study showed that the return on equity (ROE) has a positive and significant relationship with CSR expenditure, while the return on assets (ROA) and Tobin's Q model have a statistically significant negative relationship with CSR expenditure, while the market stock price (MSP) had a positive, but not statistically significant. The study also found that there is a positive, statistically significant relationship between CSR expenditures and non-financial performance, which was represented by total deposits and total training expenditures in Jordanian commercial banks. Accordingly, the study recommends encouraging banks to prepare sustainability reports and CSR reports, which are considered comprehensive, and not only with disclosures within the annual reports.

The Impact of Business Intelligence on the Relationship Between Big Data Analytics and Financial Performance: An Empirical Study in Egypt

  • Mostafa Zaki, HUSSEIN;Samhi Abdelaty, DIFALLA;Hussein Abdelaal, SALEM
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.10 no.2
    • /
    • pp.15-27
    • /
    • 2023
  • The purpose of this research is to investigate the impact of Business Intelligence (BI) on the relation between Big Data Analytics (BDA) and Financial Performance (FP), at the beginning we reviewed the academic accounting and finance literature to develop the theoretical framework of business intelligence, big data and financial performance in terms of definition, motivations and theories, then we conduct an empirical analysis based on questionnaire-base survey data collected. The researchers identified the study population in the joint-stock companies listed on the Egyptian Stock Exchange and operating in the sectors and activities related to modern technologies in information systems, big data analytics, and business intelligence, in addition to the auditing offices that review the financial reports of these companies, and The sector closest to the research objective is the communications, media, and information technology sector, where the survey list was distributed among the sample companies with (15) lists for each company, and (15) lists for each audit office, so that the total sample becomes (120) individuals (with a response rate 83.3%), The results show, First, Big data analytics significantly affect organizations' financial performance, second, Business intelligence mediates (partial) the relationship between big data analytics and financial performance.

The Effect of COVID-19 Pandemic on Financial Performance of Firms: Empirical Evidence from Vietnamese Logistics Enterprises

  • NGUYEN, Hong Thi Xuan
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.9 no.2
    • /
    • pp.177-183
    • /
    • 2022
  • The COVID-19 pandemic has hurt the economy and negatively impacted all enterprises' financial performance. The COVID-19 pandemic has put a strain on global manufacturing capacity and supply chains, and it is also the pandemic that has given up new opportunities for the logistics industry to develop as e-commerce has developed. By analyzing the financial performance of logistic firms listed on the Vietnam Stock Exchange, this study tries to quantify those consequences. A total of 114 logistic companies were included in the study's sample. The Wilcoxon Signed Rank Test was performed to test the difference between some ratios in 2019 and 2020. This study found that the financial performance of 114 logistic firms listed on the Vietnam stock exchange has not improved. The data show that during the COVID-19 pandemic, the leverage ratio increased while the profitability and efficiency ratios decreased. The liquidity ratio did not show any significant differences. On the contrary, these businesses' performance, such as returns on assets, receivable turnover, and leverage, has decreased. The COVID-19 had a global impact on supply chains, therefore export activity and international transportation were badly hampered, with only a few domestic logistic enterprises growing.

The Determinants of Profitability in Listed Enterprises: A Study from Vietnamese Stock Exchange

  • NGUYEN, Thi Ngoc Lan;NGUYEN, Van Cong
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.1
    • /
    • pp.47-58
    • /
    • 2020
  • The research aims to investigate the determinants of the financial performance of 1343 Vietnamese companies categorized into six different industries listed on the Vietnamese Stock Exchange over a four-year period from 2014 to 2017 using STATA software. Those determinants include firm size, liquidity, solvency, financial leverage, and financial adequacy while the financial performance is evaluated by three different ratios: return on assets (ROA), return on equity (ROE), and return on sales (ROS). The research results from these companies during the given period indicate that: (1) Firm size has a positive impact on both ROA and ROS, especially ROA but it has the opposite effect on ROE, (2) Adequacy ratio impacts positively on ROA and ROS but negatively on ROE, (3) Financial leverage considerably negative influences on ROE and ROS but positively impacts on ROA, (4) Liquidity has a positive effect on both ROA and ROE but a negative one on ROS and (5) Solvency has a positive impact on ROA and ROS but the negative impact on ROE. Furthermore, agriculture accounted for the highest percentage of profitability at the beginning, which was replaced by service for ROA but manufacture for ROE from 2016 to 2017 as opposed to the least in transportation.

Development of the technology to verify the systems interface for the High speed Electric Multiple Unit (차세대고속철도기술개발사업 시스템인터페이스 시험기술 개발)

  • Kang, B.M.;Jeong, S.G.;Ahn, H.K.;Choi, H.C.;Yu, S.W.
    • Proceedings of the KSR Conference
    • /
    • 2010.06a
    • /
    • pp.810-815
    • /
    • 2010
  • Since a long time ago, many railway engineers analyze and discuss the interface between the sub-system of railway, such as a wheel/rail interface, pantograph/catenary interface etc. The verifying of the system interface could help to achive the optimized performance and safety of the railway system considering that the railway system is constructed by various engineerings, such as civil, mechanical, electrical, etc. A rolling stock with distributed drive system, which will be developed by HEMU-400x project, is capable of running on high speed line and conventional line in Korea. To verify the performance of rolling stock, test run will be done with revenue service line. And the test items of the system interface have to be selected to verify a functional compatibility and physical force between rolling stock and infrastructure. In this paper, the authors will indicates the test items to verify system interface. To achive the conclusion, the authors analyze a specification of the development train and the design value of Seoul-Busan high speed line, which will be used for testing of the development train, and also, study the various case of high speed train commissioning.

  • PDF

A Study on the Establishment of Evaluation Strandards for the Rolling-stock Design of the Next-Generation High-Speed Railway (차세대 고속철도 차량디자인 평가기준 구축을 위한 연구)

  • Lee, Jun-One;Lee, Young-Yeob
    • Proceedings of the KSR Conference
    • /
    • 2009.05b
    • /
    • pp.437-443
    • /
    • 2009
  • Generally speaking, the uniqueness of Korea for the high-speed railway rolling-stock is mainly perceived through the travel over the high-speed electric railway by passengers, which consists of the organization of space in the coach and its interior design. For such purpose, it is necessary to build a series of independent cultures with high-speed railway i.e. to have the development of design technologies oriented to harmonizing human beings, their society and culture with the systematic integration of production technologies to support the culture and its substructure foundation which constitute the frame of superstructure in the society, by defining the relationships with travelers on the high-speed railway as well as enhancing the comfort and convenience of high-speed railway through drawing up the development of links with the systematic integration among lines of technologies on the basis of 'User Train Interface. This thesis aims at introducing the study carried out to build the evaluation standards of performance outputs for 'HEMU-400X rolling-stock Design' derived from the performance for the first year in the research 'Development of Technologies for the Next-Generation High-Speed Railway' as part of "Development Project for the Future Railway Technologies" from 2007.

  • PDF