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Financial analysis on Yanjing Bewery Co,. Ltd. 1 SUBJECT Accounting For Management DATE March,26th, 2002 Financial Analysis and Interpretation Of Yanjing Brewery CO,.Ltd(Transcript) Written by: Shiyin Wang (王石音) ID 3586023 Financial Analy sis and Interpretation Financial analysis on Yanjing Bewery Co,. Ltd. 2 Executive Summary The purpose of this report is to analyze the financial statement of Yanjing Brewery Co,. Ltd by comparing the main ratios of Yanjing Beer with its main competitor ---Qingdao Beer. Trough which, to find out the different financial results brought by the different development strategy, and also provide some personal advices on the investment. The selected two companies are main competitors in China’s brewery industry. Their total producing volume amounted to 25% of the domestic beer producing volume. As a result, the Yanjing Beer and the Qingdao Beer can be selected as the representatives of China’s Beer industry development. Under the intense competition in the domestic beer market, the producers are eagerly to find out the effective way in order to occupy the enough market share and maximize the profit. The capital enlargement and integrity is the international trend of beer industry to develop further profit space. Yanjing Beer and Qingdao Beer are leading players in the process of domestic beer industry’s enlargement and acquisition since 1999. But, the two companies have applied different strategy. STRATEGY COMPARISON YANJING BEER QINGDAO BEER 1. Using own cash in the acquisition process. Do not increase the liability pressure. 2. Pay more attention to the comprehensive quality and management of the goal factories to ensure the integrity and future profitability 1. Using th...