Textile Industry Financial Analysis Of Listed Companies

Financial analysis is a focused and targeted analysis of enterprise financial statements provided by the data, in order to find out various factors that affect efficiency. And to it as the basis, it rational evaluates company's financial position and operating results, and timely forecasts corporate financial situation and development trend. General sense, the listed company is a typical representative of the industry, their development epitomizes the development of the textile industry status quo. In this paper, it quantitative analyzes the overall textile industry financial data using the method of financial statement analysis, and observes the status quo and future trends of the domestic textile industry, combining of market indicators of economic performance of textile enterprises. At the same time, it analyzes the typical three textile companies listed, and discusses the characteristics of various enterprises. Finally it comes to the conclusion from the listed textile enterprises solvency, profitability, operating capabilities and development capacity data that although the main areas of development has been constrained by a variety of reasons, but the textile industry economic and market prospects remain good by diversification, active brand building, strengthening internal management, increase scientific and technological input and so on.This paper is divided into five parts. The first part describes the current development of textile industry. PartⅡdescribes the theory and methods of financial analysis, PartⅢis the textile industry's overall financial data on listed companies, the fourth part is a typical financial analysis of listed companies, and the fifth part is a summary of this article and vision for the future.