Financial Analysis Of Beijing Urban-Rural Commercial Co., Ltd. Based On Harvard Framework

This article uses the Harvard analysis framework to make a qualitative and quantitative analysis of the current status of Beijing Chengxiang Commercial Co.,Ltd.'s industry and its own development strategy,accounting quality,financial statements and development prospects.Through the analysis,it is found that the problems in the competitive strategy of Beijing Urban-Rural Commercial Co.,Ltd.lag behind in cable sales development,the single operating mode,and the younger demographic groups.The corresponding suggestions for improvement are to transform the existing business model and vigorously develop e-commerce.,expand the proportion of young people.Problems in accounting quality include the unreasonable ratio of provision for bad debts of accounts receivable and the unreasonable ratio of provision for falling price of inventories.The improvement proposal makes appropriate adjustments to the provision ratios of bad debt provisions and inventory depreciation provision for accounts receivable.The problems identified in the financial analysis include low inventory turnover,high sales costs,and poor cash flow management.The proposed improvement measures are to determine the stock of the inventory economy,strengthen budget management of sales expenses,and strengthen the company's cash flow management.In terms of development prospects,the advantages and risks of Beijing urban and rural companies are analyzed.This article through the analysis of development strategy,accounting quality,financial statements and other aspects of Beijing Urban-Rural Commercial Co.,Ltd.,discovered the problems existing in the current stage,and put forward corresponding suggestions for improvement on the problems found.Suggestions on development strategies can help companies accurately position the market,adjust their operating structures,and increase their competitiveness.Recommendations on accounting quality can improve the reliability and relevance of company financial statements,improve the authenticity of accounting information,and provide a more reliable basis for financial analysis.Recommendations in the financial statements can speed up the turnover of inventory,reduce sales costs,promote more stable cash flow,and then increase the profitability of Beijing Chengxiang Commercial Co.,Ltd.In the end,the advantages and risks of the development prospects of Beijing Urban-Rural Commercial Co.,Ltd.are analyzed,which can be used as a reference for the development of the company.