Analysis And Application Of Jinxi Axle Financial Statement Based On Harvard Framework

Rail transport is a green transportation way suitable to China's development needs,along with the development of the national economy and the advancement of urbanization,the government continuously increased the policy support and financial input to the rail transit industry,will drive the rapid development of rail transportation equipment manufacturing industry in our country.JinXi axle co.,LTD.,as a measure of domestic railway equipment manufacturing industry enterprise,if you want to keep the competitive advantage,seize market opportunities,and obtain a bigger development,we must to analyze financial data and financial indicators research.Through the system of methods and technology enterprises in the past,evaluation of enterprise present situation,predict the future,can help managers find problems in time,improve the management level,also is advantageous to the enterprise excavate potential,enhance competitiveness.This paper will use Harvard Analysis Framework,standing on the strategic height on the JinXi axle co.,LTD.2012-2016,makes a comprehensive analysis of financial statements,find out the deficiency of company management,and gives targeted rationalization proposal,for the company related to financial statement users to provide valuable information.This paper is divided into four parts:The first part is the introduction.First introduced the selected topic background and research significance of this paper,and then through the financial analysis research status at home and abroad,illustrates the reason to choose Harvard Analysis Framework,this paper finally the paper expounds the research content,research framework and research methods.The second part is the related theory overview.In simple illustrates the significance and importance of financial analysis,this paper introduced the methods of traditional financial analysis and the limitations and the content and advantages of Harvard Analysis Framework,and describes the strategy analysis method in this paper.The third part is the main part of this thesis,and the financial statements of JinXi axle company are analyzed in detail by using the Harvard Analytical Framework.1.Strategic analysis.Using the Porter's five force model and SWOT analysis,the industry competition environment and development strategy of JinXi axle company are analyzed.2.Accounting analysis.By analyzing the key accounting policies of JinXi axle and the quality of important accounting subject,the quality of accounting information disclosure is evaluated.3.Financial analysis.By using ratio analysis,Du Pont analysis method and comparative analysis methods on the financial statements of the JinXi axle company data was analyzed,and the comprehensive evaluation of the financial conditions and operating situation,existing problems and deficiencies found the company.4.Prospect analysis,mainly includes the prospect forecast and risk prediction of JinXi axle,and gives the development suggestions.The fourth part is the conclusion.In this paper,as the economic recovery,as one of China's key strategic industries,the rail transportation equipment manufacturing industry,has a good policy environment and great development space.JinXi axle company as the leading enterprises in the domestic production of railway axle,can through technological innovation,promote product upgrades,to further expand the market and expand the company's internal measures such as the depth and breadth of the lean management,deal with the fierce market competition,firmly seize market opportunities,sustainable and healthy development.