Analysis and suggestions on financial statements of AD Pharmaceutical Group Limited by Share Ltd
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DOI: 10.38007/Proceedings.0001219
Author(s)
Xiaohan Xu,and Jiwei Liu
Corresponding Author
Xiaohan Xu
Abstract
Financial statements are the basis for intuitively reflecting the results of business operations. Through the analysis, comparison, evaluation and interpretation of financial statements, we can judge the financial status of enterprises and provide basis for business decisions[1].AD financial data analysis of Limited by Share Ltd pharmaceutical company in 2016-2019 years shows that the four indicators of solvency, operation ability, profitability and growth ability of the company perform well. However, there are specific problems that need to be improved from three aspects: improving the turnover rate of accounts receivable, inventory turnover and management level.
Keywords
Financial statements; Pharmaceutical enterprises; Profitability