Financial Statement Analysis Of Longking Co.,LTD. Under The Harvard Analysis Framework

As the contradiction between China's long-term extensive economic growth mode and people's demands for better living environment quality becomes increasingly fierce,the development of environmental protection industry has attracted extensive attention from the national government and all sectors of society.Although the environmental protection industry started late in China,it has a strong momentum of development and broad prospects,and is favored by more and more investors.Longking environmental protection company as one of the leading enterprises in the environmental protection industry,its financial situation has a certain representativeness.The financial analysis of Longking environmental protection is helpful to solve the bottleneck in the development of environmental protection enterprises.In this paper,by combing the relevant literatures of financial analysis methods at home and abroad and combining the current development characteristics of China's environmental protection industry,it is advantageous to apply the Harvard analysis framework to the financial analysis of environmental protection enterprises.Based on the Harvard financial analysis framework system,this paper systematically analyzes the financial status,operating results and cash flow of Longking environmental protection company from the four dimensions of strategic analysis,accounting analysis,financial analysis and prospect analysis.First of all,it makes a comprehensive analysis of the internal and external environment of Longking environmental protection company with PEST analysis model,industrial five forces model and SWOT analysis model,and then determines the corporate strategy of Longking environmental protection company.Secondly,the key accounting items of Longking environmental protection company were identified and evaluated,and it was found that the accounting policies and accounting estimates met the requirements of the industry,and the quality of accounting information was relatively high.Under the guidance of strategic analysis,this paper deeply analyzes the financial statements from the perspectives of structure analysis,trend analysis,ratio analysis and cash flow analysis to understand the capital structure,financial status and operating results of Longking environmental protection company.Finally,on the basis of the above analysis,the development prospects of the industry and Longking environmental protection company are predicted.According to the research results,the existing problems of Longking environmental protection company wereidentified and improvement Suggestions were put forward,aiming at helping enterprise managers to improve the management level and promote the realization of the development goals of Longking environmental protection company.At the same time,it can be used for reference for other environmental protection enterprises.