Comparison And Research Of AISION Corp, YONYOU Corp And GLODON Company Based On Financial Analysis

The software industry is a worldwide sunrise industry.Our government which have set up a series of policies and regulations to encourage the development of the software industry and guided the development direction of the software industry.Our software technology and services have formed a relatively complete technical and industrial system.We have selected three application software companies with different characteristics,AISINO Corporation,YONYOU Corporation,GLODON Company and sample companies for analysis.In this dissertation,with the public disclosure of the financial data in the annual report from 2011 to 2016 and financial data of 55 sample companies,we make comparison and research of these companies based on financial,including the capacity of profitability,the capacity of cash creating,the capacity of development,the capacity of risk control,the capacity of operating.At the same time we use Dupont analysis system to decompose and analyze the Return On Equity.Through comprehensive analysis,it is supposed to find out the characteristics of operating and the problems existing,assess the risk of operating and put forward suitable suggestions,to provide the reference for the company's management,investors,creditors or other people who are interested in these three companies.Through the analysis,the risk control ability and net profit growth of AISINO Corporation are better than the other two companies.AISINO Corporation should find the revenue growth point as soon as possible to improve the ability of new assets to gain revenue.In the long term,the company should expand its business with weak policy relevance,enrich its product line,and prevent the business revenue from sharp falling when the policy changes.YONYOU Corporation is weaker than the other two companies in terms of the capacity of profitability,the capacity of development,the capacity of risk control and the capacity of operating.The company has a low growth of operating revenue and net profit,low net interest rate,low Return On Equity,relatively high debt ratio,all these statement shows that the operating of YONYOU Corporation is not optimistic.The corporation should reduce the expansion efforts,concentrate on to integrate current business,increase revenue,reduce the cost of management to higher net interest rate and asset turnover,enhance the capacity of cash creating,form the sustainable ability of cash creating.The capacity of profitability,the capacity of cash creating and the capacity of operating of GLODON Company are better than those of the other two companies.The company should use word of mouth,channels and competitiveness in the building industry to develop business in decision,design,procurement,construction and operations and break the bottleneck of operating income growth space.At the same time,under the precondition of controllable risk,the asset-liability ratio can be improved appropriately,so the return on capital of shareholders can be increased.After a brief analysis of the sample companies in the software industry,the capacity of profitability is not outstanding.Some companies even rely on government subsidies,tax rebates and non-operating income to support the net profit.The capacity of cash creating is not high,the ability to development is strong,but the ability of turn income into profit and cash is not high.The capacity of operating has been reduced,although the industry growth is good,the total assets turnover rate is not high.Generally speaking,from the financial data of these sample companies,the software industry has expanded too quickly and the efficiency of thse companies has decreased a little.The government can try to adjust industrial policy to prevent the industry from expanding too fast.As a company in the industry,we should know the our own advantages well and concentrate resources to enhance the core competitiveness.