Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 73 , 05 March 2024
Open
Access | Article
The Importance of Financial Statements in Corporate Management --Take Bright Dairy Co., Ltd. as an Example
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Abstract
As an old national brand, Bright Dairy Co., Ltd. (hereinafter referred to as Bright Dairy) is ranked among the top three in the industry after years of development and in 2023, the global food value is located 70th, which entering the top 100 list successfully. With the increase in the total revenue of the Chinese dairy industry, the competitive pressure on the development process of Bright Dairy is getting greater and it is easy to be hit by potential risks. This paper uses literature analysis, case analysis, data analysis, and this paper mainly studies the company's potential risks and the current situation of the company through financial statements. There are also show readers how the company continues to develop well when facing the risks and exerting its own advantages. The study of this paper concludes that in general, the development of the Bright Diary industry is relatively stable. Although it is affected by some major environmental effects of the epidemic, the potential risks are weak, so the company has a wonderful development prospect.
Keywords
Bright Dairy, Financial statements, Risk analysis, Corporate strategy
References
1. Choice Financial Terminal, choiceinfo@eastmoney.com
2. Xu Ying. Application of financial statements in corporate investment decisions [J]. Old name brand marketing, 2023 (18): 137-139.
3. Peng Li. The role of financial statements in financial management and optimization research [J]. Administrative assets and finance, 2023 (18): 68-70.
4. Lin Xiaoqiang. The financial statement analysis system and improvement strategy under the perspective of corporate value [J]. Financial and accounting learning, 2022 (10): 36-38.
5. Chen Xiaole. The importance and limitations of out -of -the -on -out information disclosure and limitations [J]. Time Finance, 2015 (20): 171-175.
Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-319-7
- ISBN (Online)
- 978-1-83558-320-3
- Published Date
- 05 March 2024
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/73/20231738
- Copyright
- 05 March 2024
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited