Fig 1.
Theoretical model of profit health assessment.
Table 1.
Variable definitions and data sources.
Fig 2.
Scatter line graph of the number of similar and divergent signals for each pair of financial indicators and Mean values for each pair of indicators annually.
Fig 3.
Correlation matrix heatmap.
Table 2.
Gradient boosting machine algorithm main parameters and results.
Table 3.
Empirical results and robustness tests of four random forest sub-models.
Fig 4.
Partial dependence plot of sub-model (I).
Fig 5.
Partial dependence plot of sub-model (II).
Fig 6.
Partial dependence plot of sub-model (III).
Fig 7.
Partial dependence plot of sub-model (IV).
Table 4.
Profit health conditions of privately listed companies on China’s ChiNext Board of A-shares.
Table 5.
Financial health conditions of privately owned listed companies on ChiNext.
Table 6.
Financial health conditions of ST or *ST privately owned listed companies on ChiNext.
Table 7.
Financial health determination of ST and *ST privately owned listed companies in China’s A-share market.