Development Status of Snack Food Manufacturing Industry-Profitability Analysis——Taking LYFEN as an Example
In recent years,China's casual food industry has shown a long-term trend of steady growth,the market scale is constantly expanding,and consequently the competition between the market is also increasingly fierce.How to be invincible in the fierce market competition is a problem that many companies are thinking about,an enterprise's profitability is the core of long-term development of enterprises.LYFEN Co.,Ltd.is selected as the research object.Based on the company's financial data from 2018 to 2022,the DuPont analysis system is used to analyze the company's profitability,and corresponding suggestions are put forward.