Figure 2 3 The revenue, expenses and profit of ELEBIKE ,JSC in the period of 2019 2021 (Unit Million VND) Source Annual report of Electricity Bicycle Motorbike Joint Stock Company Through the Figure 2.
8,000,000 160,000 7,000,000 140,000 6,000,000 120,000 5,000,000 100,000 4,000,000 80,000 3,000,000 60,000 2,000,000 40,000 1,000,000 20,000 - 2019 2020 Gross Revenue Total cost 2021 - Net Profit After Taxes Figure 2.1: The revenue, expenses and profit of ELEBIKE.,JSC in the period of 2019 -2021 (Unit: Million VND) Source: Annual report of Electricity Bicycle Motorbike Joint Stock Company Through the Figure 2.1 of the above data table, it can be seen that during the period from 2019 to 2021, the company is profitable and increases steadily over the 3-year period Specifically: in 2019 Net profit after tax reached 105,748 million, in 2020 Net profit after tax was 89.506 million and in 2021 it reached 136,682 million It can be seen that although the revenue in 2020 is about 12% higher than in 2019, the cost also increases by 8%, leading to Net profit after tax was 15% lower By 2021, the revenue growth rate will increase nearly times compared to 2020 at 32%, costs will only increase by 12%, so the profit after tax in 2021 will generally increase by 53% compared to the same period last year This can show that the overall business performance of Electricity Bicycle Motorbike Joint Stock Company in 2021 is better than in 2020 and 2019 The volatility shows that Net profit after tax is changing in a positive direction at the end of survey period and depends on costs and revenues Therefore, the company needs to have plans to continue promoting the growth rate of the business of Electricity Bicycle Motorbike Joint Stock Company