Quantitative Analysis of Value Investment in Listed Chinese Banks during the COVID-19 Epidemic

Authors

  • Tao Zhu Economics and Management Department, GuangXi MinZu Normal University
  • Xi Qin Health and Tourism School, Nanning College for Vocational Technology

Keywords:

Chinese listed banks, COVID-19, value investment, quantitative analysis

Abstract

This research was conducted in order to explore the nexus between return on investment (ROI) from listed Chinese banks and proposed fundamental indicators documented in financial statements during the COVID-19 epidemic period. Hierarchical analysis was employed to test the hypotheses established by the dependent variable ROI and other independent factors including the attribute of enterprise (State-owned or not), price/earnings ratios (PE), earning per share (EPS) as well as Non-performing loan ratio (NPL). The results show that the nature of enterprise has no impact on ROI. However, PE and NPL are negatively associated with ROI, and EPS is positively related to ROI. The results are tested and analyzed for robustness.

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Published

30.01.2023 — Updated on 22.03.2023

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How to Cite

Zhu, T., & Qin, X. (2023). Quantitative Analysis of Value Investment in Listed Chinese Banks during the COVID-19 Epidemic. ASEAN Journal of Research, 1(1). Retrieved from https://so03.tci-thaijo.org/index.php/KMR/article/view/265548 (Original work published January 30, 2023)

Issue

Vol. 1 No. 1 (2023): ASEAN Journal of Research

Section

Research Articles

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