Detailed analysis of SYP Glass s financial statements in the past three years

Mondo Workplace Updated on 2024-02-04

SYP Glass is a listed company, and based on the financial data of recent years, the following aspects can be analyzed.

First of all, from the perspective of operating income and net profit, the total operating income and net profit of SYP Glass Company have increased significantly in the past three years. From 2020 to 2023, the total operating income will be 408.5 billion, 464.9 billion, 396.5 billion, with a net profit of 17.9 billion, 11.8 billion, 9096760,000. It can be seen that although the net profit in 2023 has declined, overall, the company's performance is increasing year by year.

Secondly, from the perspective of various indicators, net profit, non-net profit, net profit margin from sales, gross profit margin from sales and return on net assets are relatively stable. Net profit and non-net profit reached their highest point in 2022, but declined in 2023. Net profit margin, gross profit margin and return on equity remained at a low level as a whole, indicating that the company's profitability and asset utilization efficiency are relatively low.

Then, from the perspective of liabilities, the company's debt-to-asset ratio, current ratio, and quick ratio all show certain volatility over time. The gearing ratio reached its lowest point in 2022 but emerged in 2023**. The current ratio and quick ratio remained relatively stable, but not ideal. This reflects some of the debt stress and liquidity risks faced by the company.

Finally, from an operational point of view, the company's business cycle, inventory turnover days and accounts receivable turnover days also fluctuate to a certain extent. The overall business cycle showed an upward trend, with inventory turnover days remaining relatively stable, but accounts receivable turnover days increasing, which may be related to the company's sales and collection capabilities.

To sum up, the fundamental analysis of SYP Glass in the past three years shows that the company's performance has shown a growth trend as a whole, but there are still certain deficiencies in some indicators. Companies need to further improve profitability and asset utilization, while keeping an eye on debt and operational risk. In addition, compared with the data of previous years, it can be found that the company's net profit and liabilities have certain fluctuations, which need further attention and treatment.

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