THE INFLUENCE OF FINANCIAL RATIOS TOWARDS NET PROFIT EXPRESS INDUSTRY IN CHINA

Abstract

The express delivery industry plays a very important role in China's economic development. A sound express delivery system is essential to the stable development of the national economy. This article uses quantitative analysis to study the factors that affect the profitability of China's express delivery industry, defines the connotation of the profitability of the express delivery industry, and elaborates the development status of the profitability of the express delivery industry and its influencing factors. Secondly, based on the latest data of four Chinese express delivery companies from 2011 to 2018, a multiple linear regression model was used to conduct an empirical study on the factors affecting the profitability of the Chinese express delivery industry. The results show that the scale and net profit margin of express delivery will have a significant impact on the profitability of China's express delivery market. On this basis, countermeasures and suggestions for improving the profitability of my country's urban commercial banks are proposed.