Research On Yili’s Financial Performance Evaluation From The Perspective Of Stakeholders

In recent years,under the guidance of the national dairy industry revitalization strategy,China’s dairy industry has developed rapidly and is gradually completing its metamorphosis into a dairy powerhouse.In this industrial background,with the continuous development of today’s society and the improvement of people’s consumption level,people’s daily diet concept is also changing,the diet for the adequate intake of protein is becoming more and more important,the per capita consumption of dairy products is increasing day by day,the dairy industry will be stable and positive long-term development.With the development of globalization of dairy industry,the development conditions of domestic dairy industry are improving,but the competition is still fierce,opportunities and pressure coexist.However,in the pursuit of increasing profits,companies often tend to neglect the requirements of their stakeholders.Many studies and analyses by scholars and business leaders have revealed that stakeholders play an essential and irreplaceable role in the growth and operation of a company.Therefore,how to improve the company’s financial performance while keeping in mind the interests of stakeholders and exploring the role of stakeholders and the mechanism of their role with financial performance is a key issue that companies need to face.As a leading company in China’s dairy industry,Yili Group needs to grasp the market opportunities and pay attention to the interests of all parties in order to improve its business performance and financial level and achieve healthy and sustainable development.This paper takes a stakeholder perspective as the starting point to explore the financial performance of Yili Group.First,we review relevant literature to summarize the current status and results of domestic and international research on corporate financial performance evaluation,and briefly clarify the concepts and underlying theories related to stakeholders.Secondly,we introduce the basic situation of Yili Group and analyze the current financial situation of Yili Group in four dimensions: solvency,profitability,operating capacity and growth capacity.Then,we analyzed the current situation of Yili Group’s stakeholders,and based on this,we selected 11 financial performance evaluation indicators based on the principles of financial performance evaluation indicators,and constructed a financial performance evaluation model from the perspective of stakeholders,and evaluated the financial performance of Yili Group in terms of shareholders,creditors,employees,customers,suppliers,government and society from both horizontal and vertical perspectives.The results of the study show that Yili Group’s financial performance in the areas of creditors,employees,suppliers and customers is not satisfactory compared to other areas.At the same time,the stakeholder,the shareholder,has a greater positive impact on the financial performance of the interest group.Based on the above perspectives,reasonable suggestions are made for Yili Group to reasonably control its debt level,protect creditors’ rights,improve its operations,achieve win-win situation in the industry chain,maintain sound operations,safeguard shareholders’ rights and interests,and raise awareness of the importance of stakeholders,in order to improve Yili’s financial performance level and help its longer-term development.