Analysis on Financial Statements of Kweichow Moutai Co., Ltd.

DOI

10.2991/assehr.k.211209.256How to use a DOI?

Keywords

Kweichow Moutai; financial statement; evaluation; improvement

Abstract

The stock of Kweichow Moutai, as one of the representative of China’s value investment stocks, rose nearly 60 times in the 19 years since its listing in 2001, its operating income increased from RMB 162 million in 2001 to RMB 88.9 billion in 2019, with a compound annual growth rate of 25%, and its net profit increased from RMB 330 million to RMB 40.5 billion, with a compound annual growth rate of 31%, attracting many investors to hold it for a long time. In this context, based on the financial statements of Moutai Co., Ltd in recent five years, this paper analyzes the financial ability of the enterprise, finds out the shortcomings of the enterprise according to the analysis results, and puts forward corresponding suggestions, so as to promote the development of the enterprise, also provide references for other companies’ development.

Copyright

© 2021 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article under the CC BY-NC license.

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TY  - CONF
AU  - Zhanyuan Guo
PY  - 2021
DA  - 2021/12/15
TI  - Analysis on Financial Statements of Kweichow Moutai Co., Ltd.
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1579
EP  - 1582
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.256
DO  - 10.2991/assehr.k.211209.256
ID  - Guo2021
ER  -