| With the continuous improvement in people’s quality of life,strong demand from the domestic market and government support,the condiment industry has been growing steadily in several directions,repeatedly making new breakthroughs in products,markets and sales channels.Today,factors such as the demographic dividend and the rapid development of the restaurant industry have led to a continued increase in market demand for condiments and a sustained growth in consumption.Against the backdrop of fierce competition between companies,the industry is in a phase of continuous product differentiation,rapid development of various new forms of distribution and multi-directional development of market channels.As a result,the competition among enterprises is not only in terms of products and services,but also in terms of profit models.How to ensure profitability and profit quality through a scientific and reasonable profit model,continuous adjustment and innovation,creating more value and forming their own core competitiveness is particularly important.In this thesis,the profitability model of Jonje E HI-TECH is further explored based on the understanding of the "smile curve" and other related theories.In this case study,we analyse the current development and profitability model of the spices industry based on the theoretical background of the industry and analyse the profitability model of Jonje E HI-TECH based on the five elements of the profitability model.The smiling curve theory is also used as a basis to analyse the investment in R&D and brand building of China Torch High-Tech.The financial index method was used to analyse the profit model of Jonje E HI-TECH in a cross-sectional and vertical comparison,and non-financial indicators based on the smile curve theory were selected to make a comprehensive evaluation of Jonje E HI-TECH’s profit model.It is found that there is an imbalance in category development and market segments,which leads to a slowdown in revenue growth.Optimisation recommendations were made to develop new processes and innovative eating methods to sound product positioning and plan product layout to enhance profitability;to broaden profit streams and secure omni-channel development by launching differentiated products,breaking geographical restrictions and improving the construction of e-commerce platforms;and to enhance the quality of profitability and promote revenue growth by safeguarding product quality,leveraging brand advantages to strengthen marketing and joining forces with restaurant companies to customise condiments.We hope to enhance the profitability of enterprises at the same time,to provide certain reference and reference for the optimisation of the profitability model of China’s condiment industry. |