Government Policy Adjustment Under Financial Analysis Of Listed Food And Beverage Companies

From the end of2012to2013,there are continued introduction of policies to against the waste ofpublic funds which used to be normal among the public servants. Catering industry as the mainconsumption use of public money has a large influence during adjustment. Especially the performanceof high-end catering enterprises suffered sharp declines, which including large public cateringenterprises. The whole industry is facing the problem of transformation of industrial structure. Thisrequires the enterprises to change boss in the strategic and the application of financial management.Using the results of financial statement analysis can reflect comprehensively the situation offinancial position, operating results and cash flow, and reveals the profit or the risk. Therefore this paperselects the most affected catering Corporation Xiang e Qing for the analysis of the target. Use thecompany’s financial report from2008to the first half of2013as based data.10companies which mainincome is catering industry are used as industrial data.They are selected from the Shanghai andShenzhen Stock exchange, the Hongkong and Nasdaq stock exchange. The discussion is around twoaspects. One is accounting and the other is financial management of Xiang e Qing. Through thefinancial statement analysis, expected to provide some valued guidance about the transformation of itsdevelopment.