Weichai Power is a well-known engine manufacturer, and the company's fundamental indicators have shown certain fluctuations in recent years. This article will focus on the last three years and refer to the data of previous years to conduct a comprehensive analysis of the company's fundamentals.
First of all, from the perspective of operating income, Weichai Power's total operating income in 2020 and 2021 was 19728.8 billion and 22021.5 billion, up from 1,603 in 20198.3 billion is an increase. This shows that the company's business scale is expanding and its business is developing well.
Secondly, in terms of net profit, Weichai Power's net profit has fluctuated in recent years. The company's net profit in 2021 was 949.3 billion, up from 6.5 billion in 20190.1 billion has increased. However, in 2020, the company's net profit was 922.8 billion, down from 2019. This shows that the company has faced some pressure on profitability in the past few years, but still maintains a certain level of profitability overall.
Thirdly, in terms of earnings per share, Weichai Power's basic earnings per share have increased in recent years. Basic earnings per share in 2021 was 113, up from 0. in 201975 has a significant increase. This shows that the company's profitability per share has improved over the past few years.
In addition, from the perspective of return on net assets and gross sales margin, Weichai Power's performance in recent years has also been relatively stable. Return on equity was 19. in 2020 and 2021, respectively19% and 1481%, up from 864%。The gross profit margin of sales also showed a certain growth trend during the same period, respectively. 16% and 1946%。This indicates an increase in the company's profitability and operational efficiency.
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However, it is important to note that the company has a certain downward trend in terms of current ratio and quick ratio. In recent years, the company's current ratio and quick ratio have been at a low level of 123 and 0Around 93, which is lower than the level of historical data. This may indicate that the company has certain risks in terms of short-term solvency.
To sum up, Weichai Power's fundamental performance in recent years has been relatively stable, with a certain increase in business scale and profitability, while the return on net assets and gross sales margin have also maintained a good level. However, there is a need to pay attention to the relatively low level of the company's short-term solvency. In the future, the company needs to further strengthen management, improve short-term solvency, and maintain good profitability and operating levels.