Financial Diagnosis Report On Gansu Kant & Riese Biotechnology Company

With the development of world economic and the change of consumption idea of people,cosmetics industry enters into our horizons gradually.In recent years,consumer's demand for cosmetics became higher and higher,with the requirements of cosmetics quality.People tend to pursue high-end and luxurious,but most cosmetics enterprise's production in our country is low-end and practical,it has a bright prospect of our country's cosmetics industry but it is also competitive between cosmetics industries.Many enterprises closed down or be merged.How can find their own competitive advantage and keep their profitability in such development situation.It needs a scientific and reasonable financial diagnosis to know the short firstly,then adopt its good points and avoid shortcomings,enhance enterprise's core competitive ability pointedly,finally improve enterprise's profitability.Promising Gansu province's Kant & Riese biotechnological company,this article regards this company as the financial diagnosis object.After grasped the concept of financial diagnosis basis and the research content and research methods of this article,this article summarizes the economic status of cosmetic industry in our country and the main financial and operating conditions of this company.Then this article analyzes enterprise's financial situation on different aspects with existing data and scientific analysis methods.Analysis results show it has financial problems such as debt ratio is too low and accounts receivable' bad debt risk too high and so on.Finally this article put forward feasible suggestions for improving in view of the reason causing these problems,to help enterprise to improve its profitability.This article includes five chapters.The first chapter introduces the research background,significance,conceptual basis,research contents and methods,etc.The second chapter describes the enterprise's industry status quo and the main current financial and operating conditions.The third chapter is the specific financial diagnosis process,including structure and trend analysis of the financial statements,the financial capacity analysis,the financial quality analysis and diagnosis conclusion and the causes.The fourth chapter put forward suggestions for improving in view of the reasons causing these problems.The fifth chapter summarizes all the work involved in this research and the main conclusions in this paper,clarifies the application value and analyses the insufficiency in this research and outlooks for the next step research.