Construction of Credit Evaluation Index System for Two-Stage Bayesian Discrimination: An Empirical Analysis of Small Chinese Enterprises

Table 4

Screening results of the first stage of parametric Bayesian discrimination.

No.	(1) Indicator name	(2)	(3)	(4)	(5)	(6) Result
1	Asset-liability ratio	0.00%	0.00%	—	—	Deleted
…	…	…	…
6	Net cash	0.65%	0.65%
7	Capital immobilization ratio	−5.88%	5.88%	27.31%	27.31%	Retained
…	…	…	…	…	…
14	Noncurrent liabilities ratio of net cash flow from operating activities	−0.34%	0.34%	1.58%	95.99%
15	Total capitalization rate	−0.28%	0.28%	1.30%	97.29%	Deleted
…	…	…	…	…	…
20	The ratio of net assets to the loan balance at the end of the year	−0.01%	0.01%	0.05%	100.00%