The Financial Analysis Of SY Company Under Harvard Frameworks

Dairy products in the past few years because of high nutrition and popular, also had a food safety concern, with the prosperity of the market, dairy products began to "flying into the homes of ordinary people", has become a necessity of life. SY company is a dairy product production enterprise, this paper takes the SY company as the research object, carries on the financial analysis and evaluation of its comprehensive, managers to improve their decision-making provide a basis, at the same time, also to provide reference for the decision of investor.Financial analysis method is selected in this paper is the analysis of Harvard, SY company 2009-2013 years financial condition analysis. This paper firstly expounds the basic content and the advantage the Harvard analysis framework, then in accordance with the four aspects of the framework, respectively analyze the strategy of SY company, accounting analysis, financial analysis and Prospect analysis. Through the strategic analysis has been clear about the management background and the development strategy of SY company; accounting analysis and evaluation through the key accounting policies and accounting estimates, to ensure the effectiveness of financial analysis conclusion; strategy analysis based on the results of analysis and accounting, financial analysis part of the evaluation of the company’s management level, the level of assets management and financial management in accordance with the Palipu the professor’s financial analysis SYstem of key, and forecasts the development prospect of the SY company, finally, points out some problems existing in the company, put forward relevant rationalization proposals. After the analysis, draws the following conclusion: SY company is in a critical period of industrial structure adjustment, the company’s financial situation is poor, poor asset management level, management level and the level of financial management also needs to be improved, lack of corporate cash flow, liquidity has certain risk. With the further introduction of the national policy, coupled with the company’s own management level, the SY is expected to the company’s operating performance will continue to improve.