PBESProceedings of Business and Economic Studies2209-26412209-265XBio-Byword Scientific Publishing Pty. Ltd.10.26689/pbes.v8i1.9640ArticleResearch on the Financial Performance Evaluation of Machinery Manufacturing Enterprises Based on the Entropy Value Methodhttps://artdesignp.com/journal/PBES/8/1/10.26689/pbes.v8i1.9640BaiZhufeng2025812025-02-19As a key sector in advancing China’s “carbon neutrality” goal, the machinery manufacturing industry has achieved remarkable development in recent years. Against this backdrop, the scientific and objective evaluation of the financial performance of machinery manufacturing enterprises has become a pressing issue in financial research. This topic is not only crucial for optimizing enterprise management and improving operational efficiency but also essential for enhancing overall industry performance and promoting sustainable development. This paper first introduces the concept of financial performance, followed by an analysis of related financial performance evaluation theories. It then focuses on the application of the entropy method in evaluating the financial performance of machinery manufacturing enterprises, detailing its analytical steps. Finally, a financial performance evaluation index system is constructed based on four dimensions: profitability, solvency, operational efficiency, and growth potential.

Jia H, Sun L, Sun C, 2021, Financial Performance Evaluation of Home Care Service Supply Chain Based on Principal Component Analysis. Journal of Qingdao University (Natural Science Edition), 34(4): 133–137.

Lareina C, Pu Q, Qiu Y, 2022, Research on Financial Performance Evaluation of Pharmaceutical Listed Companies Based on Principal Component Analysis. China Collective Economy, 2022(5): 147–148.

Cai W, 2021, Research on Financial Performance Evaluation of Listed Companies in Transportation Logistics Industry Based on Entropy Method. Logistics Engineering and Management, 43(9): 159–162.

Hu X, 2021, Evaluation of Financial Performance of Hydropower Enterprises Based on Entropy Method. Business News, 2021(22): 32–34.

Meng T, Zhu J, Yin X, 2020, Evaluation of Financial Performance of Backdoor Listed Companies in Express Delivery Industry Based on Entropy-TOPSIS. Journal of Jiujiang University (Natural Science Edition), 35(2): 51–57.

Zhang Y, Hu M, 2021, Research on DuPont System Based on the Division of Enterprise Activities: Empirical Evidence from Manufacturing Listed Companies. Friends of Accounting, 2021(7): 109–114.