Comparative Analysis of Dairy Industry of China
DOI:
https://doi.org/10.54691/bcpbm.v34i.3205Keywords:
Dairy industry; Financial analysis; Equity beta.Abstract
The research on dairy industry became popular in recent years. Some researchers found that the gap in the profitability of dairy enterprises mainly comes from the differences in their capital structure and operating efficiency. However, there is still a lack of unified understanding of the specific influencing factors and the competition pattern between different enterprises. Therefore, this paper mainly uses the data analysis method to select Mengniu and Yili, two leading dairy enterprises, and Guangming Dairy, which is in the second echelon, as the research object. Through collecting relevant indicators such as profitability, this paper conducts a comparative analysis to explore the competitiveness of different dairy enterprises and the reasons behind it. The research found that Mengniu Dairy had the highest equity beta, while Guangming lotion had the lowest equity beta, and gave investment suggestions.
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