我国林业企业盈利能力问题研究

Research on the Profitability of Forestry Enterprises in China

良好的林业发展态势对实现乡村振新意义重大,为促进林业的高质量发展,必须提高其盈利能力。本文基于改进的杜邦分析体系,选取2017-2019年度国内四家林业企业的财务指标,分析影响林业盈利能力的源头因素,得出结论:近年来林业企业盈利能力下降的主要原因为营业成本上升、收入下降导致的销售现金净利率的降低,并从降低运营成本、提升林产收入、优化融资结构、强化供应链协作四个方面为增强我国林业企业盈利能力提出建议。

A good forestry development situation is of great significance for the realization of rural revitalization. In order to promote the high quality development of forestry,it is very important to improve the profitability of forestry industry. Based on the improved DuPont analysis system,this paper used financial indicators to analyze the source factors affecting the profitability of forestry enterprises by selecting four domestic forestry enterprises from 2017 to 2019. It drew the conclusion that the important factors leading to the decline of profitability of forestry enterprises in recent years were the decrease of net profit rate of cash on sales caused by the increase of operating cost and the decrease of income. Lastly,it put forward suggestions to enhance the profitability of China’s forestry industry from four aspects which included reducing operating costs,increasing income of forest products,optimizing financing structure and strengthening supply chain cooperation.