Year-on-year growth rate of net profit attributable to shareholders of the parent company
factor.formula
The formula for calculating the year-on-year growth rate of net profit attributable to the parent company is as follows:
The detailed explanation of each parameter in the formula is as follows:
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Refers to the net profit attributable to the parent company's shareholders in the current reporting period (usually quarterly or annual). This value excludes the impact of minority shareholders' gains and losses and more accurately reflects the profitability of the parent company's shareholders. It should be noted that the current period here should be consistent with the same period last year. For example, if the current period is the second quarter of this year, the same period last year should be the second quarter of last year.
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Refers to the net profit attributable to the parent company's shareholders in the same reporting period (usually quarterly or annually) in the previous year corresponding to the current reporting period. It has the same definition as 'net profit attributable to the parent company for this period', excluding minority shareholders' gains and losses. For example, if 'this period' is this year's annual report, 'same period last year' should be last year's annual report.
factor.explanation
The year-on-year growth rate of net profit attributable to shareholders of the parent company is an important financial indicator to measure the profitability and growth of an enterprise. It reflects the change in the profit level of the enterprise during the reporting period compared with the same period last year. This indicator eliminates the impact of minority shareholders' interests and better reflects the profitability of shareholders of the parent company. A positive year-on-year growth rate indicates that the profitability of the enterprise is increasing, which may be due to factors such as increased product sales, optimized cost control or market share expansion; a negative year-on-year growth rate may indicate that the company's operating conditions are declining and profitability is weakening. Investors and analysts will pay close attention to this indicator to assess the company's operating conditions and development trends. It is worth noting that a simple increase in net profit does not necessarily mean an improvement in the company's operating efficiency, and a comprehensive analysis must be conducted in combination with other financial indicators. When analyzing this indicator, factors such as the macroeconomic environment, industry development trends, and the company's own operating conditions should be considered.