Analysis of Financial Statements of Listed Wine Enterprises

Taking Shanxi Fenjiu as an Example

Abstract

Against the backdrop of a deep adjustment in the liquor industry, this paper selects Shanxi Fenjiu as the research object and conducts an in-depth analysis of its financial statements to assess the company's financial stability, profitability, operational efficiency and development potential. The research first conducts a detailed analysis of Shanxi Fenjiu from four aspects: debt-paying ability, profitability, operational capacity and development capacity. The results show that the financial stability of Shanxi Fenjiu has been improving year by year, and it has strong profitability and operational efficiency, as well as considerable development potential. Secondly, through a comparative analysis of Shanxi Fenjiu and Guizhou Moutai, it further verifies the advantages of Shanxi Fenjiu in finance and operation, while also revealing its shortcomings in the market and brand building, which have considerable room for improvement.