Analysis on Financial Statements of Yonghui Supermarket

Abstract

Under the background that consumption has become the most important driving force for China's economic growth, the retail industry has become an increasingly important part of the national economy. As the pillar of the retail industry, the supermarket industry is closely related to people's lives. People have higher and higher requirements on the quality of goods and sanitary conditions, and the importance of supermarkets has become increasingly prominent. This paper selects Yonghui Supermarket, the leading enterprise in the supermarket industry in China, as the research object, calculates and analyzes the financial indicators from four aspects of profitability, solvency, operating ability and development ability, and on this basis, analyzes the quality of the report items and the overall financial situation of the company, and then puts forward some financial countermeasures and suggestions for improving the company. The research in this paper has certain reference value for the managers of enterprises to make better management decisions, which is helpful to enhance the competitiveness of the company.