Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021)

Impact of COVID-19 on Enterprises and Countermeasures

A Case Study of Haidilao Hotpot

Authors
Yu Wu
Corresponding Author
Yu Wu
Available Online 4 August 2021.
DOI
10.2991/aebmr.k.210803.085How to use a DOI?
Keywords
COVID-19, Digital era, Haidilao Hot Pot
Abstract

The burst of COVID-19 has seriously affected annual profitability and cash flow of enterprises. However, digital management and digital transformation can help enterprises overcome the difficulties. Taking Haidilao Hotpot as an example, this paper analyzes the adjustment and development of the business model of catering enterprises during the epidemic. It shows that the stock price and Tobin’s Q value are relatively good, and the profitability and sustainability are positive but there are still some operational risks. The analysis can inspire other small and medium-sized enterprises to deal with the epidemic.

Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the 1st International Symposium on Innovative Management and Economics (ISIME 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
4 August 2021
ISBN
10.2991/aebmr.k.210803.085
ISSN
2352-5428
DOI
10.2991/aebmr.k.210803.085How to use a DOI?
Copyright
© 2021, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - Yu Wu
PY  - 2021
DA  - 2021/08/04
TI  - Impact of COVID-19 on Enterprises and Countermeasures
BT  - Proceedings of the  1st International Symposium on Innovative Management and Economics (ISIME 2021)
PB  - Atlantis Press
SP  - 614
EP  - 621
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210803.085
DO  - 10.2991/aebmr.k.210803.085
ID  - Wu2021
ER  -