Research On Financial Performance Evaluation Of China Eastern Airlines Based On Improved DuPont Analysis System

On the one hand,affected by the COVID-19,the domestic and international economic situation is severe,the population flow has declined rapidly,and the operation of civil aviation as an important part of the transportation industry has been severely hit;On the other hand,the rise in international fuel prices has led to excessively high operating costs in the air transportation industry,which pose significant risks and challenges to airlines.Therefore,conducting financial performance analysis and research on Company D can help companies improve their competitiveness in the post epidemic era,facilitate the implementation of corporate financial management activities,improve their own value,and achieve sustainable development.It can also provide reference significance for the development of similar airlines.Firstly,This paper introduces the background of the research,purpose and significance.,classifies and evaluates the domestic and foreign research literature on the Du Pont analysis system and its improvement in recent years,and introduces the content and research method of the text..Secondly,it introduces the basic concepts and relevant theoretical foundations of the Du Pont analysis system before and after the improvement.Thirdly,by comparing the business scope of Company D with that of Company G and Company N,the financial situation of Company D is briefly introduced,and the traditional Du Pont analysis method is used to analyze the financial performance of Company D,finding a series of financial problems in Company D and seeking development space for Company D.From this perspective,the improved Du Pont analysis of Company D was conducted by distinguishing between business operations and financial activities,analyzing the company’s sustainable development ability,considering the ability to pay dividends,and introducing cash flow indicators.Through research,it is found that Company D has a series of financial problems such as sluggish profitability,poor operating ability,poor debt paying ability,and the need to improve its development ability.Finally,it is proposed that Company D should reduce operating costs;Improve the turnover rate of fixed assets;Reduce the level of debt;Enhancing the ability to pay dividends;Improve industry competitiveness and enhance development capabilities to promote long-term development of enterprises.