Author(s)

Su Ming, Su Lei

Corresponding Author

Su Lei

ABSTRACT

In recent years, Guangzhou airport economic development is relatively rapid. The infrastructure of Baiyun Airport has been continuously improved and the service level has been further improved. This paper takes the financial statement data of Guangzhou Baiyun International Airport Co., Ltd as the research object in recent five years, which analyzes its financial status. The results of the company's financial statement analysis show that business income keeps stable growth, profitability is strong, cost control is good, but operating capacity, total assets return rate has declined. The author believes that the company should take some measures, such as further improve asset turnover, standardize investment behavior, strengthen procurement management, and reduce labor costs. So it can control the financial risk of Guangzhou Baiyun International Airport Co., Ltd.

KEYWORDS

Baiyun Airport, Financial statements, Cost control, Measures