Research On The Improvement Of SY Company's Profitability

At present,China's small and medium-sized enterprises have developed rapidly,and their importance has become increasingly prominent in China's economic system.As a true participant and witness of market competition,it can be said that it has greatly promoted economic development,and SMEs make an indelible contribution to the national economy with its flexibility and vitality,and shoulder an important mission to solve the enormous social employment pressure.However,the small and medium-sized enterprises have small scale,weak survivability,weak market competitiveness,and the impact of macroeconomic regulation and control,making the survival of SMEs not optimistic.The object SY company studied in this paper is a medium-sized enterprise that has experienced 20 years in the steel trading industry.Before 2012,in the steel industry as a whole,the company's profitability was strong.After the whole industry began to have problems,such as: overcapacity,bank lending,financing difficulties and high cost,homogenization competition incentives,the problem gradually became prominent,SY company's return on net assets inevitably declined,profitability gradually Weakened.The current status of SY's profitability researched in this paper analyzes the company's profitability,finds practical and feasible improvement programs to improve profitability,and improves the company's business performance as a whole.This has very important practical significance.This paper analyzes the profitability of SY company,finds the root cause of the problem,prescribes the right medicine,proposes targeted improvement measures,conducts financial analysis on the enterprise,improves the efficiency,maximizes the value of the enterprise,and at the same time serves the future of the steel trade industry.Some constructive comments on how to improve profitability.