Detailed analysis of Moen Electric s financial statements for the past three years

Mondo Workplace Updated on 2024-02-01

Moen Electric Company is a manufacturer of electrical equipment, and fundamental data in recent years shows that the company's performance has been generally stable. The following is a comparison of the analysis of the last three years.

First of all, from the perspective of net profit and non-net profit, the company suffered a loss in 2020, with a net profit of -95780,000, but in 2021 and 2022, it will be profitable again, especially in 2022, the net profit will reach 1466690,000. This indicates that the company's profitability fluctuates and needs to be closely watched.

Secondly, the company's total operating income has shown an increasing trend in the last three years, from 45.4 billion to 107.8 billion, and then to 81.9 billion, although it decreased slightly in 2022, it still maintained growth overall. This reflects the steady growth of the company's sales capacity and market share in the market.

Basic earnings per share have also fluctuated in the last three years, from 0.00060 grew to 00300, but in the first quarter of 2023 it fell again to 00129。This may be affected by fluctuations in net profit.

In addition, the company's debt-to-asset ratio remained low overall, from a high of 4845% down to 4071%。This indicates that the company's financial risk is relatively low and its balance sheet structure is relatively healthy.

From the perspective of sales net profit margin and sales gross profit margin, the company's sales ability is good, and the sales net profit margin has remained at about 1% in the past three years, and the sales gross profit margin fluctuates between 12% and 16%. This shows that the company is able to achieve good profit margins through sales.

Finally, the company's business cycle and inventory turnover days have increased, which may mean that the company's business processes need to be optimized to improve efficiency and reduce costs.

To sum up, Moen Electric's fundamentals have been generally good in the last three years, with steady growth in total operating income, growth in profitability amid fluctuations, low debt-to-asset ratio, and relatively stable sales capacity and profit margin. However, companies also need to pay attention to changes in net profit fluctuations, business cycles, and inventory turnover days to further improve operating efficiency and profitability.

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