What fascinates me is the huge increase in profitability in Internet Services and Retailing from 7% in 2007 to 19.4% in 2008. Logically this shouldn't be right since one can imagine competition within this industry has increased substantially. One more thing this list shows is the decrease in overall profitability (start of credit crunch and thus recession?).
What else can you spot from the list?
2 comments:
I think one of the key aspects of examing it would need to see where has the cost been. Secondly, whether there's revenue growth.
Because if revenue has been stagnate but cost cutting measures are in place, the ratios could be highly misleading
There are several other measures as well and profitability ratios are known to be highly misleading on itself.
I think my point here is just to see it as an economy wide comparison to see which industry looks more attractive compared to another.
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