Analysis of furniture economic indicators

The economic indicators of furniture generally include the following contents and requirements.

cost of production

The cost of materials, labor and equipment needed to produce a piece of furniture is an important basis for estimating profits.

profit rate

The difference between furniture sales revenue and production cost is usually expressed as a percentage. Profit rate directly affects the profitability and competitive advantage of enterprises.

assets turnover

The ratio of sales revenue to total assets is the index reflecting the efficiency of enterprise asset utilization.

retail price

The market pricing of furniture is the result of comprehensive consideration based on its production cost and market demand.

production efficiency

The quantity of furniture produced in a specific period is usually expressed by product unit or output value. High production efficiency helps to improve productivity and reduce production costs.

growth rate

The growth percentage of sales revenue, profit, output and other indicators in the specified period relative to the previous period. The growth rate reflects the development trend and potential of the enterprise.

Financial statement analysis

These economic indicators can be used to evaluate and analyze the business situation of enterprises through financial statements, which is helpful for enterprises to formulate and adjust business strategies, optimize resource allocation, and enhance profitability and market competitiveness.