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The Financial Performance Evaluation Research In Yantai China Pet Foods Co.Ltd Based On The Wall Scoring Method

Posted on:2020-11-01Degree:MasterType:Thesis
Country:ChinaCandidate:Y CuiFull Text:PDF
GTID:2439330599461596Subject:Accounting
Abstract/Summary:PDF Full Text Request
The agricultural product processing industry is an important branch of agriculture.Under the overall economic downturn,it still maintains a high growth momentum.However,compared with developed countries,there is still a certain gap.At present,most of the agricultural product processing enterprises face a problem that is caused by the decline in sales of some enterprises,lower profits,and low inventory turnover.These issues are related to corporate financial performance and the entire industry.Future developments.Under such a background,I chose Yantai China Pet Foods Co.Ltd,a listed company of agricultural products processing industry that specializes in the manufacture of pet products.Due to the continuous improvement of consumption and the aging process,the number of pets in China is increasing,whether it is In order to satisfy the spiritual happiness,or hope to have an emotional sustenance,this undoubtedly shows that the future development potential of the pet market is huge.In such a large environment,Yantai China Pet Foods Co.Ltd shares conformed to the market development and successfully listed in August 2017.The strategic plan of China Pet's strategic plan is to enlarge and strengthen the domestic pet staple food market and need to have good financial performance support.However,since the listing,the company's financial performance has not been satisfactory,and several key financial indicators have fallen sharply year-on-year,which has seriously affected the realization of the company's strategic goals.This paper uses the improved Wall scoring method to evaluate the financial performance of China Pet's shares,and compares it with the average performance of listed agricultural companies.It finds that China's stocks have a decline in gross profit margin and net profit margin,and accounts receivable turnover.Problems with low rates.The article analyzes the causes of the problems and proposes countermeasures for profitability,operational capability,solvency,and development capability in response to the above problems and reasons,in order to help enterprises improve theirbusiness management,improve financial performance,and achieve strategic goals.
Keywords/Search Tags:Wall scoring method, The processing of agricultural products, The listed company, Financial performance, Yantai China Pet Foods Co.Ltd, The performance evaluation of financial
PDF Full Text Request
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