Analysis of the Influencing Factors on the Financing Efficiency of High-Tech Listed Companies in Wuhan Based on the DEA Model

Abstract

This paper analyzes the financing efficiency of 49 high-tech listed companies in Wuhan from both static and dynamic perspectives from 2020 to 2022, and finds that the financing efficiency of high-tech listed companies in Wuhan is showing a downward trend. Subsequently, using the grey relational model analysis, it was found that the main influencing factor on the financing efficiency of Wuhan high-tech listed companies is the circulation of market currency at the macro level and the profitability of enterprises at the micro level.