Reasons for the decline of turnover rate of current assets of China Resources Sanjiu 20 18-2020

The efficiency of capital utilization is reduced. China Resources Sanjiu Pharmaceutical Co., Ltd. is located in Zaozhuang High-tech Industrial Development Zone, Shandong Province. The reason why the turnover rate of China Resources Sanjiu 20 18-2020 decreased is that the utilization efficiency of enterprise liquidity decreased and the profitability of enterprise decreased, because the lower the turnover rate of current assets, the less the income of enterprise. Sanjiu Pharmaceutical Co., Ltd. is mainly engaged in research and development, production, sales and related health services of pharmaceutical products. The company takes OTC (over-the-counter), prescription Chinese medicine, non-fried Chinese medicine, antibiotics and generic drugs as four major medical business modules, supplemented by packaging and printing, medical services and other related businesses.