Hodnocení finanční výkonnosti podniků textilního průmyslu v Královéhradeckém kraji

Abstract

The aim of this paper is to evaluate the financial performance of SMEs in the textile industry in the Hradec Králové region. The textile industry has been chosen because of its importace in the Hradec Králové region in the past. The analysis focuses on assessing the financial performance of textile and clothing enterprises doing business in the CZ-NACE 13200, 13900 and 14100 classes between years 2009 and 2014. Two different approaches were applied for this purpose. The first approach introduces a traditional way of measuring financial performance using after-tax profit. The sekond approach is based on a modern concept of measuring economic performance through the economic value added (EVA). The development of both indicators is analyzed over time. Research has confirmed significant differences in measuring financial performance using the above mentioned approaches.

Keywords

• Accounting profit/loss
• Economic value added
• Performance
• Textile industry