强大而稳定的盈利能力可以使公司在快速发展的过程中积累大量自身的发展资金

Strong and stable profitability can enable the company to accumulate a large amount of its own development funds in the process of rapid development and optimize the company's financing structure. However, the Taihe Group ’s net profit margin and total asset return indicate that the Taihe Group ’s profitability in 2018 is not stable. From 2014 to 2017, the Taihe Group's profitability continued to climb and grew well, with sales revenue, total assets, net profit, production and total assets all increasing. In 2018, Taihe Group achieved a total operating income of 30.985 billion yuan, a year-on-year increase of 27.34%. In 2018, Taihe Group's total operating income increased, more than 70% of which came from the real estate business, which is related to the adjustment of the development strategy of the real estate industry and the acceleration of development progress. In terms of project management, accelerate project development and construction, effectively improve project construction efficiency, strive to achieve orderly and efficient development, and improve project construction quality. But this year's lower net interest rate and lower return on total assets may be the result of increased costs due to increased liabilities, which was 86.88% in 2018. Higher debt costs have certain restrictions on the company's internal financing capacity.

强大而稳定的盈利能力可以使公司在快速发展的过程中积累大量自身的发展资金，优化企业的融资结构。然而，泰和集团的净利润率和总资产收益率表明，2018年泰和集团的盈利能力并不稳定。从2014年到2017年，泰和集团的盈利能力持续攀升，增长良好，销售收入、总资产、净利润、产量和总资产均有增长。2018年，泰和集团实现营业总收入309.85亿元，同比增长27.34%。2018年泰和集团营业总收入增长，其中超过70%来自房地产业务，这与房地产行业发展战略的调整和发展进步的加快有关。在项目管理方面，加快项目的开发建设，有效提高项目建设效率，努力实现有序高效的开发，提高项目建设质量等。但今年的净利率较低，总资产收益率较低，可能是负债增加导致成本增加的结果，2018年为86.88%。较高的债务成本对企业内部融资能力有一定的限制。

Strong and stable profitability can enable the company to accumulate a large number of its own development funds in the process of rapid development, and optimize the financing structure of the enterprise. However, the net profit margin and return on total assets of Taihe Group show that the profitability of Taihe Group in 2018 is not stable. From 2014 to 2017, the profitability of Taihe Group continued to climb, with good growth, and sales revenue, total assets, net profit, output and total assets all increased. In 2018, Taihe Group achieved a total operating revenue of 30.985 billion yuan, a year-on-year increase of 27.34%. In 2018, total operating revenue of Taihe group increased, more than 70% of which came from the real estate business, which is related to the adjustment of development strategy of the real estate industry and the acceleration of development progress. In terms of project management, accelerate the development and construction of the project, effectively improve the efficiency of project construction, strive to achieve orderly and efficient development, improve the quality of project construction, etc. However, this year's net interest rate is low and the return on total assets is low, which may be the result of increased cost caused by increased liabilities, which is 86.88% in 2018. The high cost of debt has certain restrictions on the internal financing ability of enterprises.<br>