Financial Comparison Research Of Bright Dairy And Yili Industrial Group

The financial statements are the disclosure of the financial status of the enterprise according to the relevant principles. However, by reading the financial statements we cannot obtain all the required information. In order to help the reporting users to better understand and use the financial statements, we need to use the appropriate method Analyze the financial statements to support their decision making.China’s dairy industry is getting stronger rapidly with the development of China’s overall economy. And in recent years it has been gradually recovered from the influence of Melamine issue. Bright Dairy and Yili industrial group are the famous enterprises in China’s dairy industry. This paper analyzes the financial statements of the two enterprises from 2011 to 2016,and analyzes the financial capacity and risk level of the two enterprises in combination with industry data. Hoping to provide some reference for investors, and give managers some suggestions.The paper is divided into five chapters. The first chapter elaborates the background,purpose, thinking and basic research methods of the paper. The second chapter investigates the development of the two target enterprises and the whole dairy industry. This paper introduces the theoretical basis of the financial analysis method used in this paper. The fourth chapter analyzes the financial situation and financial capacity of the two target enterprises with the specific report data and indicators. The fifth chapter uses DuPont analysis method and financial strategy matrix to analyze the value and the risk of the two target enterprises, and finally draws the conclusion and suggestion.