Financial Analysis On Jingyi Metal Company

Copper is an important non-ferrous metal resources, which occupies an importantposition in the national economy, but also is high-tech development of the basic supportmaterial. In the strongest economic strength in the country, Guangdong Province, its copperproduction is mainly low-end products, and is not competitive in high-end product marketcompared to the ordinary products. Guangdong Jingyi Metal Co., Ltd., a copper productionbased industry, is a high-tech enterprise which has a collection of "copper-precision brass-brass deep processing products" professional industry chain. Since its listing, the company hasaffected by external environment fluctuations and internal operation management fluctuations.There is a clear downward trend of company performance. It is important for managers toreverse this declining situation, to improve the competitiveness of enterprises and thedevelopment force.Financing is a substantial part of company. For this reason, this article is stated from afinancial perspective, uses the methods of financial analysis and relies on the company’spublic disclosure of financial data. Then, it analyses the performance of the Jingyi operationsand helps enterprises to seek better development basis points. The article first analyses theenvironmental background of Jingyi industry, the opportunities and threats the company mayencounter. Then, it looks into company’s assets, capital, income, costs, profits and otheraccounting elements which show the performance of the company’s basic operating situation,and uses a variety of financial indicators to reflect the company’s profitability, risk and growth.The analysis above aims to identify the causes of the decline in the performance of thecompany. Finally, the article gives some advices to promote the sustainable development ofJinyi.Subsequent research on the Jinyi shares have important practical value to the companyfuture development: first, to help company solve problems, to help to improve and reform,improve the management level and comprehensive benefits; Second, to deepen financialmanagement theory, knowledge and methods in enterprise applications, help enterprise totranslate into real productivity; Third, to provide support and strengthen the role of thecompany’s future strategic planning and scientific decision-making and reliability. Addition, itis also able to provide a diagnosis of other enterprises operating ideas and methods.