Detailed analysis of the financial statements of China State Construction in the past three years

Mondo Workplace Updated on 2024-02-01

China Construction Corporation is a company with strong strength and extensive influence in the construction industry. Judging from the data of the past three years, its total operating income has shown a steady growth trend, from 111 trillion to 167 trillion. This shows that the company's sales ability in the market is gradually improving.

In terms of profit, net profit and non-net profit also showed an increasing trend. This indicates that the company's profitability is strong. In particular, the deduction of non-net profit, from 2643.4 billion grew to 4105.9 billion, a significant increase.

In terms of per share metrics, basic earnings per share also increased well, from 035 grew to 105。This means that the company's profitability per share is increasing year on year. Net assets per share, capital reserve per share and undistributed profit per share also increased to a certain extent, indicating that the company's financial position is also gradually improving.

In terms of operating capacity, the net profit margin of sales, gross profit margin of sales and return on net assets are all maintained at a relatively stable level, indicating that the company's operation and management capabilities are relatively reliable. However, the net profit margin and gross margin on sales decreased slightly, and you may need to focus on cost control and profitability.

In terms of operation cycle, the business cycle, inventory turnover days and accounts receivable turnover days are relatively stable, and the company's operational efficiency is relatively high. However, in the data of the most recent year, the number of days of inventory turnover and the number of days of accounts receivable turnover have increased, which means that the turnover rate of the company's inventory and accounts receivable has decreased, and it is necessary to pay attention to inventory management and collection capacity.

From the perspective of solvency, both the current ratio and quick ratio remain at a high level, indicating that the company has sufficient solvency. The asset-liability ratio also remained low, indicating that the company's asset allocation was reasonable.

To sum up, the operation of Chinese construction companies in the past three years has been generally good. The company's total operating income and net profit showed steady growth, with high operating efficiency and relatively strong debt repayment ability. However, some indicators, such as net profit margin on sales and days of inventory turnover, have declined, requiring the company to focus on cost control and management efficiency. In the highly competitive construction market, companies need to remain innovative and continuously improve their competitiveness in order to maintain a stable growth momentum.

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