Analysis of the Profitability of the Shipbuilding Industry through Market Economy Theory

Abstract

This study focused on analysis of the profitability of the shipbuilding industry through market economy Theory. The objectives were to study 1). the development cycle of the shipbuilding industry. 2) the development status of the shipbuilding industry. 3). how to enhance the capital strength of China State Shipbuilding Group. 4) the significance of asset restructuring of China State Shipbuilding Group. This paper discussed the characteristics of the industry development cycle, the current status of industry development, and the significance of the restructuring of China State Shipbuilding Group. This study adopted an empirical research method. During the study period, a large amount of data was collected mainly from the online platform. Based on the analysis and comparison of the company's historical operating data, the conclusion could be inferred that China State Shipbuilding Group will usher in great development. The conclusions can provide a reference for future decision-making for the management and investors of the Chinese Group.