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Analysis of Gree Electric's Financial Statements in Recent Three Years
The following is an analysis of the main financial indicators of Gree Electric in recent three years (20 18-2020):

1. Total assets: The total assets increased from 1 and 294. 1 .300 million in 20 18 years to160.6438+0 billion in 2020, with an increase rate of 24.1. Explain that the company's assets are expanding.

2. Net profit: The net profit increased from1685.2 billion in 20 18 years to1957.5 billion in 2020, with an increase rate of 16 1%. Although the growth rate has slowed down, the company's profitability remains stable.

3. Shareholders' equity: Shareholders' equity increased from 46.239 billion in 20 18 to 52.977 billion in 2020, with an increase rate of 65.438+04.6%. It shows that the company's net assets have grown steadily and its capital strength has been continuously enhanced.

4. Total liabilities: The total liabilities increased from 8,365,438+74 billion in 20 18 to1762.4 billion in 2020, with an increase rate of 29.4%. The company's debt pressure is increasing.

5. Total assets turnover rate: The total assets turnover rate increased from 65,438+0.42 in 2065,438+08 to 65,438+0.53 in 2020, with an increase rate of 7.7%. Explain that the company's asset utilization efficiency is constantly improving.

6. Inventory turnover rate: the inventory turnover rate increased from 10.04 in 20 18 years to 10.68 in 2020, with an increase rate of 6.4%. It shows that the company's inventory management level has improved.