The strength of the company
Besides some achievements, the financial structure of the company are still some issues that need attention and chinh.Cu be:
- Although total assets increased steadily over the years. However, the proportion accounted for most of the company's accounts were for customer thu.Cong appropriated capital amounts rather lon.Dieu which cause difficulties in the payment of the company
- the company's debt ratio relative high, very low equity, primarily operating capital of the company is credit, advance payments from customers and the short-term debt. The reason is due to the business activities of the industry and company policies that are pursued in recent years. Besides the expansion of business activities to make capital requirements increased, thereby making the company's debt ratio tang.Viec household borrowing and too much short-term debt would entail high capital cost situation and take autonomous financially.
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