Victory Giant Technology Co., Ltd. is a company whose main business is the production of mobile phone batteries. According to the financial data of the last three years, the company's net profit, non-net profit and total operating income have shown a year-on-year growth trend, which indicates that the company's operating performance is constantly improving.
First, let's look at the profitability of the company. From the perspective of net profit margin and gross profit margin of sales, the company's profitability has improved. Despite fluctuations in gross profit margin on sales, net profit margin on sales increased from 902% to 10 by the end of 202320%, showing that the company has achieved certain results in sales and production cost control. The continuous improvement of this trend is very beneficial to the company's business development.
Secondly, the company's asset-liability ratio is stable at about 50%, which shows that the company has a certain degree of stability and sustainability in asset and liability management, and can effectively manage debt risks.
In addition, the company's operational efficiency has improved. In terms of business cycle, from 2019 to 2023, the company's business cycle gradually decreased, reaching 19495 days. This shows that the company has achieved significant results in the optimization of sales channels, warehousing and logistics, etc., and is able to monetize inventory faster and improve operational efficiency.
In addition, the company's solvency and liquidity are also performing well. The number of days of inventory turnover and the number of days of accounts receivable have decreased year by year, indicating that the company's cash flow management capabilities are constantly improving. The current ratio and quick ratio remain at a relatively stable level, indicating that the company has some reserves to deal with liquidity risks.
Finally, the quality of the company's earnings has also improved. Net assets per share and capital reserve per share remained stable, indicating that the company's capital structure is relatively healthy. Undistributed profit per share and operating cash flow per share have increased year by year, indicating that the company has made breakthroughs in profitability and cash flow management.
To sum up, through the analysis of the fundamental information of Victory Giant Technology in the last three years, we can see that the company has made certain improvements in terms of profitability, asset-liability ratio, operational efficiency, solvency and quality of earnings. In the process of growth, the company can effectively control costs, improve profitability, and show good operating strength. However, given the fierce competition in the market, the future also needs to pay attention to the changes in market demand and the long-term competitiveness of the company.