Author(s)

Jinhao Chen ¹, Meitao Dou ¹, Haozhi Sun ¹, Chunmiao Jin ¹, Liangbin Liu ¹

Affiliation(s)

¹ Department of Finance and Economics, Shandong University of Science and Technology, Jinan, Shandong, 250031, China

Corresponding Author

Jinhao Chen

ABSTRACT

Increasingly Chinese people begin to pay attention to their health. The large population has brought a large demand market for the development of China's medical industry. This paper takes Tong Ren Tang as a case to conduct the financial analysis of Tong Ren Tang from four aspects of the company's debt paying ability, operation ability, profitability and development ability. Starting from the perspective of financial strategy, the research on the operation mode of Tong Ren Tang based on the existing theories has certain reference significance for promoting the rapid development of enterprises.

KEYWORDS

Financial Analysis, Accounting, Company Development

CITE THIS PAPER

Jinhao Chen, Meitao Dou, Haozhi Sun, Chunmiao Jin, Liangbin Liu, Research and Analysis of Tongrentang's Economic Environment and Financial Situation. Accounting and Corporate Management (2023) Vol. 5: 13-22. DOI: http://dx.doi.org/10.23977/acccm.2023.050303.

REFERENCES

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[3] Jiang Yongqiang. Application of Harvard Analysis Framework in Financial Analysis of F Pharmaceutical Group. Changchun University of Technology, 2020.
[4] Zhou Ming. Financial performance analysis of Yunnan Baiyao under the asset-light operation mode. Nanchang University, 2020.
[5] Yin Quanwei. Analysis of the Investment Value of Tongrentang Enterprises. Hebei Enterprises, 2020 (03): 108-109.
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[7] Huang Shan. Research on Marketing Channels of the Pharmaceutical Industry under the New Situation. Economic Management Abstracts, 2021(01):141-142.
[8] Pan Yue. Analysis of the main financial indicators of listed companies——Taking Hengrui Pharmaceutical Company in the pharmaceutical industry as an example. China Business Theory, 2021 (02): 81-82.
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[10] Zhong Daqiang. Research on the Dynamic Management and Control Model of Financial Risks in Mergers and Acquisitions of Pharmaceutical Commercial Enterprises in my country. China Chief Accountant, 2020(11): 28-31.

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