(1) Cash ability: Money can't solve all problems, but having no money is also a big problem. For a company, whether it is rich or not depends on whether its cash reserves are sufficient and whether its cash flow is good.
In terms of cash reserves, Guo Xin Health has not only increased year by year from 20 17, but also increased substantially year by year, from 49% to 72% in 20 16. Moreover, this level of cash reserves is still very high, which is amazing.
As far as cash flow is concerned, Guo Xin's health is not very good. Its cash flow ratio is only positive in 20 19 years, and negative in other years. Even so, the highest level of 85% is not enough.
The cash flow reserve ratio is almost negative every year, and the money earned in five years is not enough to spend. How can this work? Only in 20 19 years did the proportion of cash reinvestment reach a positive level.
(2) Operating ability: It is impossible for an enterprise to have money alone. If you can't get money moving, it's a pile of waste paper. The better the company's management ability, the faster the money will be transferred, and then it will bring profits to the company, thus developing and growing.
From the perspective of total assets turnover rate, although Guo Xin Health has been increasing year by year from 20 18, the highest is only 0. 14 times a year. The inefficient use of funds by management means that the company is burning money. As far as the ability to collect accounts is concerned, Guo Xin's health is OK. The average collection period is only 67 days at most, and one round of accounts can be collected in more than two months. But from 20 17, it increased year by year, and the range was quite large, from 10 to 67 days.
(3) Profitability: In the final analysis, the company is a profitable organization. If you can't make money, all your efforts will be in vain. In terms of shareholder returns, Guo Xin Health is only at a positive level at 20 17 and 20 19. Moreover, it is only 1.2%. Other years are negative, which is very bad.
In terms of gross profit margin, Guo Xin Health only has a maximum of 65,438+05%, and the profit margin is very small. Not only that, some years are still negative, and there is no money at all. The operating profit margin is the same. 20 18 and 2020 are both simple negative numbers, which makes people very dissatisfied.
As for the ability to resist risks, not to mention. The gross profit margin is low and the operating profit margin is even lower. What can we say? Since 20 18, the safe gross profit margin of Guo Xin Health has been below 0, and the operating profit does not exist at all, and it has been posted backwards. Give 0 points for profitability.
(4) Financial structure: For the company, the most important foundation is the financial structure, that is, the relationship between shareholders' own funds and foreign debts. Well balanced, naturally everyone is happy; No, there are many questions.
In terms of liabilities, 20 17-20 19, Guo Xin's health is relatively stable, at around 4.5%, with few liabilities. By 2020, its debt will suddenly increase to 25.6%. Even so, the proportion of shareholders' contribution is as high as 74.4%, which is a bit unbalanced.
Although the financial structure is not well controlled, its long-term funding source is no problem. No, the minimum ratio of healthy long-term funds to heavy assets in Guo Xin is 35.58%, which is a very high level, and there will be no crisis of "growing with short term".