Financial Analysis and Valuation Study of Chinese Listed Companies: The Case of “Tongce” Medical

Abstract

With the complexity of business transactions, accounting information, and organizational structure of enterprises, as well as the gradual improvement of the capital market, it is difficult for financial analysis of a single indicator to provide a comprehensive understanding of the overall situation of an enterprise. In this paper, we will analyze and evaluate the industry environment, company profile, solvency, operating capacity, profitability, and financial risk, and provide valuation and recommendations, taking Tongce Medical Co.