Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)

Study on Evaluation of the Level of Enterprises Management and Choice of Business Strategy from Enterprises Annual Financial Statements

Take Alibaba for Example

Authors
Yihai Liu1, , Peiyi She2, *, , Xinyi Wang3, , Jiaqi Yang4,
1Shanghai University of Finance and Economics, Shanghai, China
2Jinan University, Canton, China
3University of Illinois at Urbana-Champaign, IL, United States
4the Secondary High School attached to Beijing Normal University, Beijing, China

Those authors contributed equally

*Corresponding author. Email: spy084@stu2018.jnu.edu.cn
Corresponding Author
Peiyi She
Available Online 15 December 2021.
DOI
10.2991/assehr.k.211209.318How to use a DOI?
Keywords
Alibaba; DuPont analysis; accounting statements; corporate strategy
Abstract

With the fast development of internet technology, new and large scaled e-commerce enterprises that highly integrate internet technology and financial instruments have rapidly developed in recent years. For these e-commerce enterprises, their daily accounting processing and the structure of external financial statements will be significantly different from the financial statements of traditional enterprises. Therefore, how to understand the financial information of e-commerce enterprise statements in shorten time; how to understand its constituent factors and its significance of financial data; and how to understand the business behavior hidden after financial data, all of which have caught the eyes of the majority of the investors and enterprise managers. Under such social circumstances, the paper taking Alibaba as an example, using DuPont analysis method to conduct a detailed data analysis of Alibaba’s overall financial situation through the detailed financial analysis of profitability, operation, solvency, and the financial situation of cash flow. By analyzing the financial situation of profitability, operating capacity, solvency, and cash flow in detail and combining the research methods of corporate financial management and strategy, this paper makes an active exploration for studying the current booming e-commerce enterprises. Through research, this paper demonstrates that Alibaba’s good profitability, solvency, and cash flow are stable and are a positive phenomenon and example for both potential investors and business managers. At the same time, through the example of the financial statements, this paper also further discusses the weak links in Alibaba’s strategic management, and puts forward reasonable suggestions for the development of related industries.

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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Volume Title
Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
15 December 2021
ISBN
10.2991/assehr.k.211209.318
ISSN
2352-5428
DOI
10.2991/assehr.k.211209.318How to use a DOI?
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.

Cite this article

TY  - CONF
AU  - Yihai Liu
AU  - Peiyi She
AU  - Xinyi Wang
AU  - Jiaqi Yang
PY  - 2021
DA  - 2021/12/15
TI  - Study on Evaluation of the Level of Enterprises Management and Choice of Business Strategy from Enterprises Annual Financial Statements
BT  - Proceedings of the 2021 3rd International Conference on Economic Management and Cultural Industry (ICEMCI 2021)
PB  - Atlantis Press
SP  - 1948
EP  - 1956
SN  - 2352-5428
UR  - https://doi.org/10.2991/assehr.k.211209.318
DO  - 10.2991/assehr.k.211209.318
ID  - Liu2021
ER  -