Financial Strategy Selection Of Z Company Under The Harvard Analytical Framework

With the development of society and economy, but also on the increase in the daily production and life of electric consumption. And thermal power brought about by the depletion of resources, environmental pollution and other problems forced us to change the past extensive power model, to find out a green road of sustainable development. Then, using the water level of rivers, lakes and drop, which will contain the potential energy is converted into kinetic energy, then the water turbine driving force for promoting, hydropower generator generates as the best way to ease the demand for electricity and environmental protection two contradiction. Since the reform and opening up, the party and the state has always attached great importance to the work of water resources. In 2011, the "decision" the CPC Central Committee and the State Council on accelerating the reform and development of water conservancy in the water conservancy specialized introduced comprehensive documents, will focus on how to maximize the economic benefits into how under the premise of protecting the environment, the economic benefit and social benefit are both. But restrained by terrain and weather, hydraulic power either in production or are difficult to reach in the national coverage of traditional thermal power. Therefore, how to construct the enterprise of water conservancy and Hydropower Engineering assets in the daily operation and management of standardized management, scientific decision-making is particularly important.From the starting point of a strategic viewpoint, the choice of the Harvard Analytical Framework for the industry in the development of water conservancy and hydropower Z Corporation's financial statements for 2011-2013 were analyzed. It begins to Z company strategy, accounting and financial analysis in accordance with the four elements of the Harvard Analytical Framework. Through strategic analysis to understand the development of water conservancy development industry background and Z company is currently in the industry's status. By accounting analysis to identify Z's critical accounting policies, accounting estimates and the reasonableness of the Quality of information disclosure for the third element that the reliability of financial data analysis to provide a guarantee. With accounting analysis filter after finishing out of the data, the use of financial analysis of several analytical method to evaluate the company's growth, risk and profitability, financial condition Z comprehensive evaluation of the company. Then according to the results obtained in the analysis process, from the perspective of the financial strategy of the company's current outstanding Z pointed questions. Finally, the issue of the Z's proposal to rationalize and predictive analysis of its prospects for the development of water conservancy and hydropower industry financial strategy to provide some reference.