Analysis Of Financial Statements

Nowadays, in the market economic environment，the organizationforms andbusiness fields of corporation are various，that caused the complexity of businessactions．we can not get useful information from the financial statements unless adoptsome analysis methods and techniques。Only through analyze balance sheet，incomestatements and cash flow statements comprehensively,at the same time consider thereality of enterprise．Can it make the information user acquire theinformation offinancial situation and managing achievement，then guide the decision.This paper,from a outside user’s view, on the basis of company profile andbackground analysis of GUIZHOU YIBAI PHARMACEUTICAL CO.,LTD,through someanalysis methods such as ratio analysis， comparative analysis to analyse thecompany’s financial situation from2007to2011．First of all，the author analysed themain statements of YIBAI PHARMACEUTICAL and find out the company’s financialsituation． Secondly， by analysing all kinds of financial indicators of YIBAIPHARMACEUTICAL in the past five years to reveal the problems and thereasons．Third，DuPont analysis methods were used to analyzing the three years offinancial results of YIBAI PHARMACEUTICAL.This paper，through review the company’s financial situation and operationalperformance，point out some problems in operation and management, and providesome suggestions．Provide reference of decision for management to improve thelevel of control,furthermore, it’s helpful to investor to evaluate the company’sinvestment value in stock market．...