Lanzhou Feasibility Study Report What is the significance of industry analysis?
Before investing in an industry, we always do industry analysis. What is the significance of industry analysis? The editor of today's industry analysis report will answer for you.
The industry is a group composed of many similar enterprises. If we only conduct enterprise analysis, although we can know the operation and financial status of an enterprise, we cannot know the status of other similar enterprises, and we cannot know the position of enterprises in the same industry through comparison. This is very important in a modern economy full of high competition. In addition, the position of the industry in the life cycle restricts or determines the survival and development of enterprises.
Before the birth of automobiles, the horse drawn carriage manufacturing industry in Europe and the United States used to be so brilliant. However, today, even the automobile industry has entered a stable period in its life cycle. This shows that if an industry is in recession, the enterprises in this industry, no matter how strong their assets and management ability, can not get rid of their gloomy prospects. Who else is willing to invest in large-scale wagon production?
When considering new investments, investors should not invest in "sunset" industries that are going to decline and be eliminated. When choosing stocks, investors should not be confused by the current situation. Instead, they should analyze and judge whether the industry to which the enterprise belongs is in the initial stage, growth stage, stable stage or recession stage. They should never buy stocks in industries that belong to recession stage.
Industry characteristics are one of the important factors that directly determine the investment value of a company. Industry analysis is the premise of the analysis of listed companies and the bridge connecting macroeconomic analysis and the analysis of listed companies.
The purpose of industry analysis is to define the development stage of the industry itself and its position in the national economy. At the same time, it makes horizontal comparison of different industries to provide an accurate industry background for the final determination of investment objects.
The purpose of industry analysis is to tap the industries with the most investment potential, and then select the listed companies with the most investment value.
It can be seen that only by conducting industry analysis can we know more clearly the development status of an industry and its position in the industry life cycle, and make correct investment decisions accordingly.