| With China's entry into WTO for many years, the plastics industries have been developed quickly and attracted worldwide attention. Currently, China is in a crucial period of the "11th Five-Year Plan" , with sustained development to a powerful country in which plastics industries have become one of the pillar industries and enjoyed a speedy growth. In the first half of 2007, gross output of plastics products industry reached RMB364. 5 billion, increased by 27.3% over the same period of last year whereas export delivery amounted RMB80. 84 billion, up by 18.52% over the same period of 2006. To for the growing market demand, both local and overseas enterprises press for high quality machines and raw materials to increase productivity and enhance product quality.Added to this, the increasing role of plastics in our daily lives has created infinite business opportunities for plastics products makers and materials suppliers. With the rapid development of science and technology, plastics are widely applied in various manufacturing sectors in China. Industrial users of different sectors include automobile, building and construction, electronics and electrical appliances, information technology and telecommunication, packaging, food and beverage and toys. The article introduces the development of plastic industries based on the size, concentration and relative aspect. Through contrastively research of major financial data of Foshan Plastics group CO., LTD, the article analyses the 4 years financial reports for Foshan Plastics group CO. , LTD and contrasts with Capital Structure, Repayment Capability, Profit Capability, Capital Running Efficiency and so on of each year.After analysis the financial data of Foshan Plastics group CO., LTD, the article expatiates the development risk and viability etc and put forward the development strategy of Foshan Plastics group CO., LTD in the future. |
