Financial analysis on GEELY major acquisition on Volvo
DOI: 10.23977/acccm.2024.060101 | Downloads: 96 | Views: 435
Author(s)
PANG Ho Lam Alex 1
Affiliation(s)
1 School of Finance, Shanghai University of Finance and Economics, Shanghai, China
Corresponding Author
PANG Ho Lam AlexABSTRACT
His paper analyzes Geely's financial performance after its acquisition of Volvo, focusing on indicators such as net profit margin, return on total assets, market share, sales volume, and export volume. The study found that Geely experienced a consistent increase in sales volume following the acquisition, especially in terms of export volume. This expansion has further strengthened Geely's position in both domestic and foreign markets. Moreover, Geely's net profit margin has shown steady growth, indicating improved profitability and efficient resource management. The company's ability to effectively control costs and optimize operations has contributed to its enhanced financial performance. This, in turn, has boosted investor confidence and solidified Geely's reputation as a financially stable automotive company. In addition, the return on total assets has been positive, indicating that Geely has been able to generate higher returns with its increased asset base. The incorporation of Volvo's technological expertise and brand value has played a vital role in this success. By leveraging Volvo's resources and capabilities, Geely has been able to offer innovative and high-quality vehicles, which have resonated well with consumers.
KEYWORDS
Geely Automobile, Volvo, acquisition, financial performance, net profit margin, return on total assets, market share, sales volume, export volumeCITE THIS PAPER
PANG Ho Lam Alex, Financial analysis on GEELY major acquisition on Volvo. Accounting and Corporate Management (2024) Vol. 6: 1-8. DOI: http://dx.doi.org/10.23977/acccm.2024.060101.
REFERENCES
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