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16 why did Mengniu's current assets decline?
Mengniu's current assets 16 decreased;

1, the liquidity of enterprise assets is poor. Because of the slow flow of assets and weak profitability, income is declining.

2. Continuous losses or huge losses of the enterprise. Because current liabilities generally increase, the corresponding assets increase, except profit distribution and capital lending. If current liabilities are greater than current assets, there will be losses.

3. Lending makes capital expansion too fast, and the profitability of enterprises can't keep up with capital expansion. Including the excessive expansion of foreign investment scale and excessive capital expenditure such as infrastructure.

4. Borrowing has obtained huge intangible assets, but the actual profitability is not good.