Competitiveness of Internet of Things Enterprises Based on the Financial Index System

Abstract

With the rapid economic development, it is important for China’s current economy to grasp the core technology of internet of things and build the internationally competitive industrial system. In this paper, the financial data of sixteen representative enterprises’ annual report is used to analyze the financial position. This paper chooses major financial factors and builds financial index system. The comprehensive score of each enterprise can be shown after the principal component analysis. The result shows that enterprise comprehensive score and competitiveness have high correlation.