Revenue Growth Rate Research Articles

The Impact of Investor Sentiment on Corporate Financial Decision-making: Taking New Media Platforms as an Example

In accordance with the theory of asymmetry, this article studies the impact of investor sentiment on the proportion of corporate accounts receivable. During the research process, 2617 listed companies in the Shanghai and Shenzhen A-share markets from 2011 to 2022 were selected as samples. The article constructs a multiple regression model, selects investor sentiment as the core explanatory variable, accounts receivable ratio as the dependent variable, and adds revenue growth rate, largest shareholder shareholding ratio, price to book ratio, and cash flow ratio as control variables. Descriptive statistics, analysis of Correlation, test of collinearity, analysis of regression, test of heterogeneity, and analysis of robustness are used to explore the financial indicators and financial decisions of enterprises; Research has indicated that a negative correlation exists between investor sentiment and the proportion of corporate accounts receivable. Meanwhile, there are also certain differences between state-owned enterprises and non-state-owned enterprises. Based on this, this article proposes relevant improvement suggestions for enterprises, investors, and regulatory authorities, which will help facilitate the healthy and stable development of the capital market.

The Factors Affecting to Government’s Expenditure of Lao PDR

This paper aims to analyze the factors affecting the government’s expenditure of Lao PDR. Using the time series data from 2000-2022 which retried from the bank of Lao PDR and implied with the ARDL model. The empirical results found that there is a long-term relationship and ARDL (2, 2, 1, 2, 2) model were used. The empirical results found that in the long run, the tax revenue and economic growth have a positive relationship with the government’s expenditure with a statistical significance level of 0.01 and 0.1 respectively. While inflation and money supply are not statistically significant. In the short term, tax revenue, economic growth rate and money supply affect the government’s expenditure with statistically significant effect, while the inflation rate does not have a statistically significant. Tax revenue and economic growth rate affect the government’s expenditure in the opposite direction with a significance level of 0.05 and contrary to the hypothesis. The money supply affects the government’s expenditure in the same direction with a statistically significant level of 0.05 and according to the hypothesis. Which the coefficient of the spread adjustment to the long run equilibrium is equal to 90.97%.

Ecosystem of structural and technological development: restarting growth of firms and entrepreneurial factor

The article examines the problem of structural and technological development of the Russian economy in conditions of an unfavorable external environment. In the context of the digital transformation of the economy at the micro level, several areas of the structural and technological development can be distinguished: generation of new business, accelerated development of successful (growing) enterprises, transition to restarting growth of enterprises that have been showing declining sales for a long time. The purpose of the work is to study the restarting growth of firms. The article assesses its economic results and also explores the influence of the entrepreneurial factor on the transition of enterprises to the restarting growth. The full sample consists of 2 918 enterprises that have been demonstrating a decline in revenue for a long time. This sample has been divided into groups of organisations that show and do not show the restarting growth. Using economic and mathematical methods, we have assessed the rate of revenue growth and examined the influence of the enterprise manager’s personality on the transition to the growth in the context of formed groups of companies. The paper has found that firms with the restarting growth show high rates of revenue growth that exceed its decline during the problematic period. The best results are demonstrated by a group of enterprises with the long-term rapid growth. Consequently, enterprises with the restarting growth can be considered as one of the options for the structural and technological development of the Russian economy along with the generation of new firms and development of growing enterprises. It has been proven that one of the growth factors is human capital, namely the head of the organization (entrepreneurial factor). Manager replacement has occurred more frequently in the group of enterprises with the long-term restarting growth compared to the group of enterprises that have not shown it. We believe that new leaders have initiated processes of digital and technological transformation of the business that lead to long-term growth.

Financial factors influencing Profitability of Banque Pour Le Commerce Exterieur Lao Public (BCEL)

The research aimed to investigate the financial factors that influencing profitability of Banque Pour Le Commerce Exterieur Lao Public (BCEL). The objectives of this study are 1) to examine the financial factors that influencing profitability of BCEL in long-term period, and 2) to examine the financial factors that influencing profitability of BCEL in short-term period. The research target group is BCEL, and the instrument used to collect data is the financial statement of the BCEL in the period of 2011-2020 (40 quarter), including capital structure, working capital, firm size, revenue growth rate and non-debt tax shield, which is to find out the financial factors that determine BCEL's profitability. The data of the research model was tested quantitatively by using Engle and Granger method and Error Correction model, which tested its stationary by unit root in Augmented Dickey-Fuller (ADF) test and multi-collinearity by used EViews 9 Program. The results found that the data of each financial factor is stationary in First Difference, except that revenue growth rate is stationary in level order at 99% significant. And firm size variables had been multi-collinearity, thus eliminating the revenue growth rate and the firm size variables from the model. Therefore, 1) the financial factors that influencing profitability of BCEL in long-term period was influenced by three factors the working capital, which has positive relationship with profitability of BCEL; the non-debt tax shield which has positive relationship with profitability of BCEL, capital structure which has negative relationship profitability of BCEL, 2)the financial factors that influencing profitability of BCEL in short-term period was influenced by three factors such as: the change of working capital which has positive relationship with the change of profitability of BCEL, the change of the non-debt tax shield which has positive relationship with the change of profitability of BCEL, the change of capital structure which has negative relationship with the change profitability of BCEL, and the short-term equilibrium deviates to the long-term equilibrium with a velocity of 88.64%.

Effect of Financial Metrics on Risk Indicators in Nigeria Listed Deposit Money Banks

This study investigates the effect of financial metrics on risk indicators in Nigerian deposit money banks. The analysis employs yearly time series data spanning from 2007 to 2022, acquired from the Exchange Group PLC. Descriptive statistics, panel unit root tests, Hausman tests, and Panel Ordinary Least Squares (OLS) procedures were used at a 95% confidence interval. The study utilized secondary data sourced from the Exchange Group PLC database. The R-squared (0.564390) and Adjusted R-squared (0.540629) values indicate that the models have strong explanatory power. The results show that all variables are stationary at their levels (I(0)). The primary financial metrics influencing risk indicators among deposit money banks in Nigeria are revenue growth, net interest margin, and earnings per share. It was recommended that banks should implement effective risk management systems that can handle increased complexity and scale of operations, and regularly update them, leveraging blockchain technology for decentralized risk management as it relates to revenue growth rate of banks. Maintain a healthy net interest margin through effective risk management practices and internal controls, and utilize this strength to invest in risk mitigation measures, introducing incentive programs to encourage employee involvement in risk management. Conduct regular financial reviews and audits to ensure accurate earnings reporting and risk identification, utilizing AI-powered tools for earnings analysis to identify anomalies and potential risks. Prioritize prudent lending practices and effective risk management to maintain financial stability, implementing dynamic adjustments to the debt-to-equity ratio in response to changes in risk detection needs.

Analysis of Financial Performances for REGENERON: Comparison with AMGEN, GILEAD, and BIOGEN

As a matter of fact, plenty of biomedicne companies are grown faster especially after the impact of Covid. This paper analyzes the financial performance of REGENERON in comparison to its peers AMGEN, GILEAD, and BIOGEN. The study reveals that REGENERON exhibits robust financial health, characterized by a high and steadily rising gross margin throughout 2023, a revenue growth rate of 7.76%, and strong profitability driven by its popular Eylea series in the ophthalmology market. Conversely, GILEAD faces significant challenges, including declining gross margins, stagnant revenue, and unfavorable investment metrics such as a negative PEG ratio and increased P/E ratio. AMGEN shows stable performance with moderate growth, while BIOGEN struggles with lower profitability and fluctuating financial metrics. According to the results, REGENERON is well-positioned for continued growth, provided it maintains operational efficiency and adapts to competitive market dynamics. This research offers critical insights into the financial strategies and market positions of leading biopharmaceutical companies, serving as a valuable guide for investors and stakeholders in making informed decisions in a rapidly evolving industry.

A Financial Analysis and Valuation of Home Depot

This study aims to research and analyze the firm’s valuation of Home Depot by exploring the company’s background and recent events, evaluating company performance, forecasting future development, and discovering the firm’s strategy and risk. The performance evaluation uses liquidity, solvency, and profitability to assess the firm operations and use of resources. The additional valuation adopts current and next year’s forecast financial data to measure the company’s EPS and revenue growth rate, P/E, PEG, and GP/A ratios. The results show that Home Depot has high liquidity, high profitability, and low solvency from its operational performance, as well as a high long-term valuation forecast in the home improvement retail industry. This consequence implies that Home Depot may have efficient business management and sound financial health by effectively meeting short-term obligations and using assets to generate revenue. Meanwhile, the company may also pose several risks, including an unstable economic environment, difficulty meeting long-term obligations, the continued decline in annual gross margins and ROIC, and potential stock overvaluation for investors.

A Financial Analysis and Valuation of First Solar, Inc.

First Solar is an American company specializing in thin-film photovoltaic solar solutions using Cadmium Telluride (CdTe) technology. This technology offers environmental protection and sustainability advantages. The company maintains market competitiveness through continuous technological improvements, enhanced efficiency and durability, and expanded production capacity. First Solar holds significant market share in the United States and India, aided by government incentives like the U.S. Inflation Reduction Act and Indias Production-Linked Incentive Program. The company is expanding globally through acquisitions and long-term agreements, with plans to build new factories in both countries to boost production. Financially, First Solar performs well in liquidity, solvency, and profitability, ranking in the upper-middle tier among industry competitors. Its healthy short-term debt solvency is indicated by strong current and quick ratios, while its low debt ratio and high interest coverage ratio highlight robust long-term debt solvency. The companys gross and net profit margins are stable and expected to grow. First Solars earnings per share (EPS) and revenue growth rates surpass those of its peers, and its price-to-earnings (P/E) and earnings growth (PEG) ratios suggest lower relative future earnings growth, enhancing investment appeal. In summary, First Solar demonstrates strong market competitiveness and growth potential with its advanced technology, sustainable business model, and solid financial performance, positioning it as a leader in the solar energy industry.

Comparison of Business Investment Value in Real Estate Industry

The global economy is in a downward trend due to the COVID-19 pandemic, the current war between regions, and worsening relations between countries. In 2023, China's leading real estate company, a pillar industry, will be unable to repay its debts. In the context of economic globalization, this paper will explore the impact of the real estate industry in the United States, analyze the investment value through several indicators, and analyze the data of four leading real estate enterprises in the United States, namely D.R.Horton, Lennar Corporation, LGI Homes and NVR. Through the calculation of EPS, P/E ratio, PEG ratio, revenue and EPS growth rate and GP/A ratio, these indicators are used to determine which company is the most valuable investment company among the leading enterprises in the US real estate industry. The research in this paper can not only identify the companies with the highest investment value, but also provide ideas for future research on other companies in other industries.

Tác động của cấu trúc vốn đến suất sinh lời trên tổng tài sản của các doanh nghiệp ngành dầu khí

The study analyzes the impact of capital structure on the Return on Assets (ROA) of oil and gas industry enterprises during the period from 2014 to 2022. Based on data from 44 oil and gas enterprises in Vietnam with 396 observations, the research employs the Pooled Ordinary Least Squares (OLS), Fixed Effects Model (FEM), Random Effects Model (REM), and Generalized Least Squares (GLS) models. Specifically, the revenue growth rate (SGROWTH) has a positive impact on ROA, while the short-term debt ratio (STD) and the period of oil and gas industry crisis (T) have a negative impact on the Return on Assets of oil and gas industry enterprises in Vietnam. This study provides information on the impact of capital structure on oil and gas industry enterprises in Vietnam during the crisis period, aiming to assist business managers in identifying potential risks during the crisis period and proposing appropriate and timely measures.

Strategic Human Resource Management And Organizational Performance: An Investigation Of Profit-Oriented Companies In Zambia

Research Aims: The study aims to investigate the correlation between SHRM practices such as incentives and rewards, formal performance appraisal, recruitment and selection, career development, and organizational development with measures of organizational performance, including revenue growth rate, return on equity, return on assets, and profitability Design/methodology/approach: Human resources play a vital role in achieving organisational performance. A study on 169 profit-making organisations in Zambia examined the impact of different Strategic Human Resource Management (SHRM) components on performance. A quantitative approach was used, and the questionnaire was divided into three parts. A stratified random sample of 169 organisations' managers was studied. Research Findings: According to the results, managers highly recommended Incentives, Rewards, recruitment, and Selection to achieve excellence. Formal Performance Appraisal received moderate evaluation, while Career Development received the least. The study concluded that SHRM components affect organisational performance regarding revenue growth rate, return on equity, return on assets, and profitability (p < 0.01). The study recommended aligning the SHRM strategy with other activities to improve performance, focusing on recruitment. Integrating HR practices with overall strategies can bring numerous benefits to organisations. By aligning these two critical components, companies can ensure that their human resources are being utilised effectively and efficiently. Theoretical Contribution/Originality : The study provides evidence that specific SHRM components, such as incentives and rewards, formal performance appraisal, and recruitment and selection, positively correlate with organizational performance measures like revenue growth rate, return on equity, and return on assets. This research contributes to the existing literature by highlighting the importance of integrating HR practices with overall strategies to enhance organizational performance, particularly in the Zambian profit-oriented sector. Keywords: Strategic Human Resource Management, Integration, Performance

A Research Review of Financial Distress Prediction

This study claims that two key points must be addressed in order to increase the success rate and robustness of financial distress prediction: firstly, a simplified financial prediction indicator system must be established based on a correct understanding and clearly distinguish about the concept of financial distress. Secondly, we establish a reasonable and plausible financial distress prediction model. It has been established that machine learning models can enhance financial distress prediction models' predictive power to some degree, bu the outcomes of these models vary. This is mostly due to a lack of knowledge about financial distress and a poor choice of indicators for predicting financial distress. This paper makes the case that there are three distinct, dynamic phases of financial distress. The financial strain stage is the initial phase. The financial distress at this stage is reflected in the financial indicators, as there are now some challenges with loan repayment due to the slowdown in the main business's revenue growth rate, the slowdown in operating cash flow, and the drop in the current ratio. The second stage can be called the financial crisis stage. The enterprise's ability to generate income is still declining, along with the quality of revenue and turnover rate. It’s worth noting that gearing ratio, which will be approaching 50% or above at this stage. The third stage of financial distress is distress situation. In this stage, the firm’s balance sheet structure keeps getting worse, and the gearing ratio keeps rising at an unprecedented rate. In the meantime, with growing revenue-cost-expense ratios and negative profits, profitability is still declining. At this stage, at least two of the three cash flows from financing, investing, and operating operations were negative in terms of cash flow.

Analysis of public, private and foreign-owned enterprises: Assessment of efficiency and sustainability

Subject. The article addresses the efficiency and sustainability of public, private, and foreign-owned enterprises. Objectives. The aim is to develop and test a methodology for analyzing the said enterprises. Methods. The study rests on general scientific principles and research methods, like abstraction, generalization of approaches to the analysis of enterprises of different forms of business ownership. Results. I developed a methodology, which includes three stages. First, estimating the share of enterprises of different forms of ownership in total assets, revenue, and profit, and analyzing the sectoral and regional sample structure and enterprise size. Second, assessing the short-term and long-term efficiency, with analysis of profitability indicators, long-term dynamics, and investment activity. Finally, analyzing the adaptability of enterprises of different forms of ownership to changed conditions, and evaluating the indicators of financial stability, riskness, and dynamics for 2022. Conclusions. I tested the methodology on data from large Russian consolidated businesses (a total of 593 enterprises for 2018–2022). The calculations and analysis showed that private business prevails in assets, revenue, and net profit. For State-owned enterprises, the most significant industry is oil and gas production, for foreign-owned ones – production and distribution of electricity, gas and water, for private enterprises – retail trade. Higher profitability is typical for foreign and private enterprises. The analysis of adaptability to current conditions showed that revenue growth rate in 2022 did not decrease vs. the annual average for all groups of enterprises, however, profit and profitability indicators deteriorated. In general, large consolidated public, private, and foreign-owned business demonstrated a relatively high degree of stability in 2022 with a decrease in profit and profitability, and now it continues investment activity.

An Analysis of Amazon’s Internal and External Environments

In the vast landscape of global commerce, Amazon, globally renowned as a premier retailer and a leading provider of cloud services, operates within a dynamic framework shaped by both external and internal forces. This paper meticulously scrutinizes the multifaceted environments in which Amazon operates, shedding light on the intricacies of its challenges and opportunities. Delving into an exploration of Amazon's financial landscape, the study employs a comprehensive financial ratio analysis. This analytical approach serves as a tool for stakeholders, particularly investors, to glean deeper insights into Amazon's financial performance. By deciphering key ratios, this analysis aims to empower decision-makers with the requisite information for making informed and strategic choices. Specifically, the essay endeavors to provide a discerning projection of Amazon's revenue growth rate. This predictive endeavor is undertaken with a cognizant awareness of the complexities inherent in market dynamics, offering stakeholders a foundation upon which to formulate prudent and well-informed decisions.

The Potential of New Retail Models: Financial Analysis of JD and Suning Supply Chain Management Capabilities

With the popularity of e-commerce and online consumption, offline sales stores have encountered a bottleneck period, and the competition in China’s retail market is becoming increasingly fierce. Many retail industries are moving towards the new “online + offline” retail model. This trend represents the retail industry catching up with the digital age, merging the traditional brick-and-mortar economy with online sales channels to meet better changing consumer needs. This study combines several research results, and this paper analyzes the level of the enterprise supply chain from the five indicators of revenue growth rate, inventory turnover rate, return on assets, sales expense ratio and management cost ratio. This paper will take Jingdong and Suning as examples to analyze the characteristics of the new retail model based on the overview of the new retail model, deeply study and discuss the impact of the new retail model on the development of enterprises, and analyze the opportunities and challenges they face. Finally, targeted suggestions are put forward to promote the development of the new retail model for enterprises.

Состояние финансовой составляющей экономической безопасности рыбохозяйственного комплекса Приморского края

Unstable economic conditions in which the fishery complex operates intensify the impact of external and internal threats. External threats are sanctions pressure from European states, mainly related to re-strictions on the supply of fish products and equipment imports. Internal threats include high costs for the implementation of production activities, the unsatisfactory condition of fixed capital and the low rate of its renewal, unstable fishing conditions, etc. Negative trends that have formed over the past decades continue to adversely affect activities. Since the fish industry is a very significant industry, the lack of control over the state of its economic security can threaten the full food security of the population, as well as the functioning of many industries whose business is related to fish raw materials. The most significant indicators of the economic security of the fishery complex of Primorsky Krai are analyzed: the ratio of growth rates of net profit, revenue and asset value, the economic growth sustainability coefficient, indicators of the efficiency of the use of production resources, financial stability and solvency. Using analytical procedures, a quantitative assessment of the influence of factors on indicators with negative dynamics is given. An unstable change and a low level of the economic growth sustainability coefficient were revealed. The reason for this was the profitability of sales of fish products, insufficiently intensive turnover of own working capital, unsatisfactory solvency of organizations. Current assets are not enough to pay off debts, there is a high dependence on earthly sources of financing. Meanwhile, there is an improvement in the efficiency of the use of fixed capital, labor resources, which has developed under the influence of growth in revenue and profit; the profitability of products is increasing, the profitability of assets is low.

Assessment of the Financial Stability of Airlines with Different Business Models before, during and after the COVID-19 Pandemic

Assessment of the Financial Stability of Airlines with Different Business Models before, during and after the COVID-19 Pandemic

Impact of Indirect Tax on the Gross Domestic Product of Nepalese Economy

This study investigated the impact of indirect tax on GDP in Nepal from fiscal year 2057/2058 to 2078/2079 based on empirical evidence. Descriptive and analysis research designed was used. To meet this objective, time series macroeconomic data of GDP and indirect tax were used. Data are collected from economic survey, ministry of finance. The ordinary Least Square technique was employed to test the hypotheses formulated. The result shows that indirect tax contributes significantly to GDP. During the periods under review, the growth rate of indirect tax revenue was 16.52 % on average and the average ratio of indirect tax revenue to that of GDP was 9.98 %. The coefficient of determination was 98.4 %. P-value is very low (p < 0.001). The hypothesis suggests a positive relationship between indirect tax revenue and GDP in Nepal. The regression model indicates significance, rejecting the null hypothesis. Indirect tax revenue plays a crucial role in Nepal's GDP. The findings also reveal that there is the existence of both a positive and strong relationship between indirect tax revenue and GDP. Hence, the Government of Nepal should search for a way to boost the revenue from indirect tax by mostly supporting the configurations of networks among all the agencies of government and taxing authorities of the federal level, each providence, and local bodies to meet the growth and to facilitate public services for the country.

Factors affecting the profitability of listed agricultural companies in the Vietnamese stock market

This paper aims to investigate the factors affecting the profitability of agricultural companies in Vietnam. The study is conducted using data from 30 listed agricultural companies on the Vietnamese stock market during 2020-2022. This study uses linear regression models including ordinary least squares (OLS), fixed effect (FE) and random effect (RE) models. In addition, the tests are also conducted to select the appropriate model. In this study, the company's profitability is measured by return on assets (ROA). The results of the study show that economic growth has a positive impact on profitability; leverage, company size and inflation have a negative impact on profitability, while revenue growth rate and current ratio do not affect the profitability of the business.

Strategic Human Resource Management and Organizational Performance: An Investigation of Profit-Oriented Companies in Zambia

Human resources play a vital role in achieving organisational performance. A study on 169 profit-making organisations in Zambia examined the impact of different Strategic Human Resource Management (SHRM) components on performance. A quantitative approach was used, and the questionnaire was divided into three parts. The first part collected demographic data, the second part collected information about SHRM components such as Incentives and Rewards, Formal Training System, Recruitment and Selection, Formal Performance Appraisal, Career Development, Internal Career Opportunities, and Organization Development, and the last part collected information about organisational performance. A stratified random sample of 169 organisations’ managers was studied. According to the results, managers highly recommended Incentives, Rewards, recruitment, and Selection to achieve excellence. Formal Performance Appraisal received moderate evaluation, while Career Development received the least. The study concluded that SHRM components affect organisational performance regarding revenue growth rate, return on equity, return on assets, and profitability (p < 0.01). The study recommended aligning the SHRM strategy with other activities to improve performance, focusing on recruitment. Integrating HR practices with overall strategies can bring numerous benefits to organisations. By aligning these two critical components, companies can ensure that their human resources are being utilised effectively and efficiently. This can lead to improved productivity, increased employee engagement, and greater success. Therefore, it is important for organisations to carefully consider the advantages of integrating HR practices with their overall strategies and operations.