Financial Analysis Of IFLYTEK Company Based On The Harvard Analysis Framework

In today’s world,there are frequent regional upheavals,profound and complex changes at home and abroad,and increasingly fierce international competition.In the face of complex internal and external environment,it is an important driving force for China’s economic development to accelerate the construction of innovative country and develop high and new technology industries.Short decades of development,make the party and the people realize that if you want to stay standing in the world,it is necessary to constantly improve the independent innovation ability,especially in an impregnable position in the field of high-tech,attaches great importance to the innovation to enhance the comprehensive national strength.Hkust fly,as a domestic leading industry on the technology of the voice of software enterprises,as a representative of the innovative enterprises in Anhui province,analyzes the research helps us to understand and predict the present and future of the enterprise and industry.Traditional financial analysis methods have been more and more can’t meet the needs of investors,creditors,and Harvard analysis framework,unlike the former,as a kind of comprehensive financial analysis methods have been more and more people,many stakeholders using this method to analyze and research enterprise.It is mainly through the four perspectives of strategy,accounting,finance and prospect,combined with enterprise non-financial information for comprehensive analysis.It can make reasonable Suggestions on the future business development of the enterprise and improve the sustainable development ability of the enterprise.In this paper,comac is selected as the research object,and the case analysis method is adopted.This paper is divided into five parts,the first part is the introduction,the first mainly expounds the research background and significance of this article,the second is mainly introduced the research both at home and abroad,then puts forward the research ideas,research methods of this article,and then put forward in this paper,the research content and research framework,and finally points out the research of this paper innovation points and features.The second part is relevant concepts defined,is mainly to financial analysis theory,harvard analysis framework,the content of the theory of strategic analysis has made the detailed introduction,and method of financial analysis and strategic analysis method were described in detail.The third part is the main part of this article and priorities,based on the harvard analysis framework of hkust xunfei company launched a comprehensive analysis,the first is the basic situation of hkust xunfei company to make a simple introduction,to the enterprise launched a strategy analysis,accounting analysis,financial analysis and prospect analysis,mainly selected the enterprise in 2012-2016 annual report information,financial data and index for the transverse and longitudinal analysis,comprehensive analysis and study to get the related conclusion finally,the fourth part is the result of the hkust xunfei financial analysis evaluation and future development Suggestions,through summarizing the contents of the third part,It points out the result evaluation of strategic analysis,accounting analysis,financial analysis and prospect analysis respectively,and puts forward corresponding Suggestions for evaluation.The fifth part is the conclusion and prospect of the study and points out the inadequacy of the study.Summarize and review the whole article,through the study found that with the development of the company to hidden trouble,first of all,hkust xunfei accounts receivable increase too fast,the possibility of bad debt losses are on the increase,which leads to the management risk of the enterprise in increasing.Second,the enterprise’s asset turnover rate is decreasing,the utilization rate of funds is low,the cash flow capacity is facing challenges,and the profitability is declining.According to the above problem,the actual situation of comprehensive university xunfei environment,put forward the following Suggestions:first,hkust xiunfei should increase financial input,technology to improve the development of enterprise innovation ability;Second,strengthen the level of enterprise management and establish the core corporate culture.Third,we should establish a core corporate culture and attach importance to the cultivation of employees’ values.