Financial Strategy Of Xining Special Steel Company Under The Harvard Analytical Framework

China is a big country of steel production and consumption.The steel industry is one of the important industries in the national economy.Under the soft landing of China's "structure adjustment and promotion of transformation",especially with the continuous deepening of China's supply-side structural reform,The economic growth rate has obviously decreased and tightened.The decline means that the market demand for steel may be weakened.This will also affect the living environment of iron and steel enterprises as the basic industrial raw material production link,especially in the northwest region where the economy is relatively backward.They are more responsive to demand markets and financial markets.Therefore,according to the macroeconomic development status and the company's development strategy,iron and steel enterprises make objective and scientific financial strategies that are consistent with their own development on the development goals,directions,and roads of financial activities,and ensure that the company's capital flows in a balanced and effective manner and ultimately achieves the overall healthy and sustainable development of the company is of paramount importance.This article starts from the strategic starting point and uses the Harvard analysis framework to analyze Xining Special Steel's financial statements from 2014 to 2018.This article first analyzes Xining Special Steel's strategic,accounting,and financial analysis according to the four elements of the Harvard analysis framework.Through strategic analysis to understand the development background of Xining Special Steel and the current position of the company in the industry.Through accounting analysis,the key accounting policies of Xining Special Steel,the rationality of accounting estimates,and the quality of information disclosure are provided to ensure the reliability of financial analysis data.According to the conclusions of the accounting analysis,the financial analysis method is used to solve the debt,operating,profitability and development capabilities of the company.Finally,based on the analysis results of the first three parts,the company's future development prospects under the existing macro environment,corporate strategy and management model are predicted.By using the Harvard analysis method to analyze the conclusions of Xining Special Steel,the direction of Xining Special Steel's financial strategy is clarified,and the company'sFinancial strategy is analyzed in detail.Due to the impact of the objective environment and market changes,Xining Special Steel should continue to strengthen the core competitiveness of the company,optimize financial strategic management,be alert to the financial risks brought by debt financing,and strengthen internal management,rational use of asset resources,and improve Asset utilization efficiency.At the same time,it also has some reference for other companies in the industry.