Research On The Profitability Of HBIS Based On DuPont Analysis System

Since the world financial crisis,the whole international economy has been in a continuous downturn,and China’s economic and social development has also been affected to varying degrees,and its growth rate has been correspondingly slow.In the steel industry,for example,China’s demand for iron and steel in the world is in constant change,at the same time,the excess iron and steel output can,constantly falling steel prices and a series of uncontrollable factors,cause great damage the interests of the iron and steel enterprise,but the iron and steel enterprises operating costs have been high,resulting in the iron and steel industry into the trough.Therefore,it is very necessary to analyze the current situation and profitability of enterprises,and it is an important link to determine the development and growth of enterprises.With the further aggravation of market competition,the importance of financial analysis is further highlighted,and the shortcomings of Du Pont analysis system are gradually exposed.At this time,Du Pont financial analysis system has been unable to better meet the needs of enterprise financial analysis,it is necessary to improve and optimize it to better adapt to the current market economy environment and meet the needs of enterprise financial analysis.Based on the Du Pont analysis system,this paper selects Hegang as the analysis object,analyzes the relevant financial data of the company from 2014 to 2019,and carries out an analysis and research on the profitability of the company in multiple aspects such as the return on equity and the net profit rate on sales.In order to clarify the profitability and profitability of Hegang shares,analyze the factors affecting the profitability of enterprises.Finally,based on the conclusions of the context analysis,some suggestions and suggestions are made for Hegang to improve its operation and strengthen its profitability.