Financial Analysis Of Y Medical Company Based On Harvard Analysis Framework

Today,people pay more and more attention to health care and health protection,the government’s investment in health care is growing,urban and rural medical institutions are expanding rapidly,and the medical device market will have a broader prospect.In addition,affected by the global epidemic,the demand for medical supplies such as medical protective equipment at home and abroad is rapidly increasing,which provides a valuable development opportunity for the domestic medical device industry.Therefore,in order to comply with the development trend of the medical industry and seize the current market opportunities to seek better development,it is particularly important to analyze the financial strength of local medical enterprises in China.it is particularly important to analyze the financial strength of China’s local medical enterprises.This paper taked Y medical company as the research object,Based on the analysis of the company’s operating conditions,this paper used Harvard analysis framework to make financial analysis.First of all,from the perspective of strategic analysis,using PEST analysis,Porter’s five forces model analysis and SWOT analysis of the company’s overall strategic situation,and its main accounting policies and accounting estimates and three asset items for accounting analysis.Then,from the perspective of operation ability,solvency,profitability,development ability and cash flow,this paper made a vertical financial evaluation on the financial situation of Y medical company in recent nine quarters.In order to improve the authenticity and scientificity of financial analysis results,this paper selected two listed companies in the same industry for horizontal comparative analysis,and comprehensively analyzed the financial situation of the company.Then,it analyzed the prospect of Y medical company from the perspective of its development prospect and the business risks it faces.The results showed that: Y medical company has been developing well in the past nine quarters,and its asset scale has been expanding,but there are still some problems,such as weak solvency,unreasonable proportion of net residual value of fixed assets,rigid depreciation method,insufficient development capacity,and increased goodwill risk.Finally,in view of the existing problems,combined with the actual situation of the company,this paper put forward corresponding countermeasures and suggestions from the four angles of strategy,accounting,finance and prospect,such as strengthening the supervision of product quality,strengthening the management of accounts receivable and fixed assets,broadening the profit channels and increasing R&D and scientific and technological innovation,so as to provide reference for enterprises and relevant stakeholders.