Research On The Financial Performance Of Semir Under The Innovation Of Business Model

With the development of technology and the integration of competitive factors such as the Internet,market competition has long relied not only on product marketing strategies and production strategies,but on the formation of consumer-oriented,new business model competition based on various Internet online platforms.More and more companies are realizing that business models are key competitive factors.The so-called business model is an operational form that exists in the process of enterprise development.It observes the problem from the perspective of industry from the perspective of innovation and integration.Its core idea is to break the convention,develop innovation,and the innovation of business model can enhance the enterprise.Core competitiveness and enhance competitive advantage.Therefore,exploring the innovation of the business model of the enterprise plays an important role in the development of the enterprise.This paper takes Semir Garment as the case study object.Firstly,it summarizes the previous scholars' research on business model innovation,and uses the business model canvas as an analysis tool to explain in detail the specific innovation measures of Semir Garment in every aspect.Secondly,the innovation of business model will generate corresponding financial activities,which will be reflected in financial performance andfinancial indicators.Therefore,through the analysis of financial data and financial indicators of Semir Garment,the financial performance and financial statements of Semir Garment can be evaluated.Thirdly,this paper compares the financial data of Semir Garment and Meters Bonwe Fashion & accessories with similar business model horizontally,and more intuitively reveals the impact of Semir Garment business model innovation on financial performance.Finally,based on the conclusions drawn from the financial performance evaluation,the business model innovation of Semir Garment is further analyzed,and a general review and conclusion is drawn.After research,Semir Garment has experienced a large increase in its financial indicators such as operating income,net profit margin,and total profit after adopting a series of business model innovations,indicating that the innovation of business model is conducive to improving the financial performance of Semir Garment..