Detailed analysis of the financial statements of Longbai Group in the past three years

Mondo Workplace Updated on 2024-02-05

Longbai Group is an enterprise with high net profit and non-net profit, and its total operating income has also shown a relatively stable growth trend. Based on the analysis of data in the last three years, the following characteristics and trends can be observed.

First of all, net profit and non-net profit have maintained a high growth rate in the past three years. Net profit from 2021 to 2023 from 467.6 billion yuan increased to 214.2 billion yuan, and the increase in non-net profit is also considerable. This shows that the company has achieved good operating performance in the past few years and is able to effectively control costs and manage risks.

Secondly, the total operating income also showed a relatively stable growth trend. From 2021 to 2023, the total operating income increased from 2061.7 billion yuan increased to 202$8.3 billion. This shows that the company has certain stability and growth potential in the market competition. At the same time, the net profit margin and gross profit margin of sales also remained at a relatively stable level, indicating that the company has good profitability.

Third, the asset-liability ratio should be maintained at a relatively reasonable level. From 2021 to 2023, the debt-to-asset ratio fluctuates between 55% and 60%. This shows that the company is relatively stable in terms of asset operation, and can rationally use borrowed funds to reduce financial risks.

Fourth, basic earnings per share and net assets per share also showed a certain growth trend. This indicates that the company's shareholders' equity is increasing and the equity value is recognized by the market.

However, it should be noted that the number of days of inventory turnover and the number of days of accounts receivable turnover have shown an upward trend in recent years. This may mean that the company may have certain problems in sales and collection, and it is necessary to strengthen the control of the first chain management and collection cycle to improve the efficiency of capital turnover.

To sum up, the fundamental performance of Longbai Group in recent years has been relatively good, with net profit, non-net profit and total operating income all showing a growth trend. At the same time, the company's market competitiveness is also increasing, with a certain degree of profitability and stability. However, the company also needs to pay attention to and optimize the management of inventory and accounts receivable to further improve the efficiency of capital turnover and the quality of profitability.

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