Profitability Analysis of New Material Company - Taking Orient Zirconic Industry as an Example

Authors

  • Jingyan Ye
  • Yufei Shi
  • Shengxiang Zhang
  • Yaran Xu
  • Lijia Hou

DOI:

https://doi.org/10.54097/hbem.v8i.7161

Keywords:

Orient Zirconic Industry; Profitability; Financial Analysis; Internal Management.

Abstract

In recent years, with the vigorous development of new materials, a number of excellent new material chemical enterprises have emerged in the A-share market, playing an increasingly important role in the industrial chain of various fields. The profitability of new material enterprises is the core element to determine the subsequent development of enterprises, which is very important for the production and development of the company. Therefore, this paper takes Orient Zirconic Industry as an example to analyze the profitability of New Materials Company, mainly aiming at four profitability indicators: return on net assets, gross profit margin, cost profit margin, operating profit ratio. The changes of each index are obtained by drawing, and the reasons for the changes are further speculated. Through the analysis of the full text, it is found that Orient Zirconic Industry has a good development trend in recent years, but there is still a big gap compared with the same industry. Based on this, we found some deficiencies and areas that need to be improved and strengthened, and put forward reasonable suggestions and measures.

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Published

11-04-2023

How to Cite

Ye, J., Shi, Y., Zhang, S., Xu, Y., & Hou, L. (2023). Profitability Analysis of New Material Company - Taking Orient Zirconic Industry as an Example. Highlights in Business, Economics and Management, 8, 33-40. https://doi.org/10.54097/hbem.v8i.7161