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Analysis of Enterprise Profitability——Taking Wingtech Technology Company as an Example

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DOI: 10.23977/acccm.2022.040304 | Downloads: 12 | Views: 156

Author(s)

Jiajia Liao 1, Xianxin Zhong 1

Affiliation(s)

1 School of Accounting, Guangzhou College of Commerce, Guangzhou, 511363, China

Corresponding Author

Jiajia Liao

ABSTRACT

Today in the 21st century is the era of technology and networking. Electronic technology companies have received strong support from the state, which has brought opportunities for the development of technology companies, making them continue to grow and develop. At the same time, with the help of technological innovation, more and more traditional enterprises are undergoing technological transformation, which undoubtedly brings huge pressure to technology enterprises. Therefore, if Wingtech Technology wants to gain a higher position in the fierce competition, it is very important to improve the level of corporate profitability.By analyzing the profitability of the enterprise, we can find the problems existing in the operation of the enterprise, and then solve the problem to promote the good development of the enterprise and improve the profitability of the enterprise. This article takes Wingtech Technology as the research object, analyzes its profitability, selects the financial indicators of Wingtech Technology from 2015 to 2020 for vertical comparative analysis, and combines with Keller Technology in the same industry for horizontal comparative analysis. Through comparative analysis, it is found that the profitability of Wingtech Technology is relatively weak. This paper puts forward relevant suggestions for its shortcomings, hoping to promote the development of Wingtech Technology and improve the profitability.

KEYWORDS

Wingtech Technology, profitability, financial analysis

CITE THIS PAPER

Jiajia Liao, Xianxin Zhong, Analysis of Enterprise Profitability——Taking Wingtech Technology Company as an Example. Accounting and Corporate Management (2022) Vol. 4: 37-47. DOI: http://dx.doi.org/10.23977/acccm.2022.040304.

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