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

Yuxuan Tong * 1
1 International College, Guangzhou College of Commerce, Guangzhou, China, 511363

* Author to whom correspondence should be addressed.

Advances in Economics, Management and Political Sciences, Vol. 73, 228-232
Published 05 March 2024. © 2023 The Author(s). Published by EWA Publishing
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.
Citation Yuxuan Tong. The Importance of Financial Statements in Corporate Management --Take Bright Dairy Co., Ltd. as an Example. AEMPS (2024) Vol. 73: 228-232. DOI: 10.54254/2754-1169/73/20231738.

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
© 2023 The Author(s)
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

Copyright © 2023 EWA Publishing. Unless Otherwise Stated