Welcome to Francis Academic Press

Academic Journal of Business & Management, 2023, 5(3); doi: 10.25236/AJBM.2023.050319.

Analysis of economic environment and financial capability of traditional Chinese medicine industry—take a long-established Chinese medicine company as an example

Author(s)

Yi Han, Wenzhuo Xiang, Meitao Dou, Jiahong Wang, Jinlong Liu

Corresponding Author:
Yi Han
Affiliation(s)

Shandong University of Science and Technology, Jinan, Shandong, 250031, China

Abstract

The economic environment of the industry includes political environment, economic environment, social environment, cultural environment and other aspects. Financial capability analysis is based on certain financial indicators, such as operating capacity, solvency, profitability, etc. Let's take a Chinese medicine company as an example for financial analysis. The enterprise has a high market position in the traditional Chinese medicine industry. By analyzing the economic environment of the Chinese medicine industry and selecting a Chinese medicine company for financial capability analysis, this paper provides a deeper understanding of the development of the Chinese medicine industry and financial information. 

Keywords

Traditional Chinese medicine industry; Economic environment; Financial analysis

Cite This Paper

Yi Han, Wenzhuo Xiang, Meitao Dou, Jiahong Wang, Jinlong Liu. Analysis of economic environment and financial capability of traditional Chinese medicine industry—take a long-established Chinese medicine company as an example. Academic Journal of Business & Management (2023) Vol. 5, Issue 3: 127-133. https://doi.org/10.25236/AJBM.2023.050319.

References

[1] ZHANG Bing. Analysis of financial statements of Kweichow Moutai [J]. Shanxi Agricultural Economics, 2021(18):149-150+178.DOI:10.16675/j.cnki.cn14-1065/f.2021.18.064.

[2] Lv Rui, Li Yongtian. Analysis of financial statements of Pian Zixi Pharmaceutical [J]. Cooperative Economy and Technology, 2021(15):144-145.DOI:10.13665/j.cnki.hzjjykj.2021.15.059.

[3] Cao Yuwen. Discussion on human resource management of pharmaceutical enterprises [J]. Economist, 2017(07):259-260.

[4] Peng Bo. Research on the competitive strategy of pharmaceutical distribution business of JZT Group [D]. Shandong University, 2015.