A Study on the Financial Situation of China's Retail Industry in the Context of the COVID-19 Epidemic

DOI

10.2991/978-94-6463-036-7_98How to use a DOI?

Keywords

COVID-19; Financial statement analysis; Financial indicators; Z-score model

Abstract

Under the sudden new crown epidemic in 2020, my country's overall economic situation has been hit a lot, especially in the retail industry. The overall financial situation has declined significantly, and many companies have even closed down. In order to allow companies to better face financial risks, this paper mainly studies the impact of the epidemic on the financial situation of China's retail industry and analyzes the financial risk level of enterprises by applying the Z-score model. This paper also makes suggestions on the current company's business strategy through research. It can be concluded that some companies still go up against the current by means of methods.

Copyright

© 2022 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Jiazhen Zhang
PY  - 2022
DA  - 2022/12/31
TI  - A Study on the Financial Situation of China's Retail Industry in the Context of the COVID-19 Epidemic
BT  - Proceedings of the 2022 2nd International Conference on Economic Development and Business Culture (ICEDBC 2022)
PB  - Atlantis Press
SP  - 655
EP  - 661
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-036-7_98
DO  - 10.2991/978-94-6463-036-7_98
ID  - Zhang2022
ER  -