Research On Financial Status Of H New Energy Power Generation Company Based On Harvard Framework

President Xi Jinping has clearly pointed out that China will take the new development concept as the guide in the future.promote the economic and social transformation to green development,down-to-earth implement the peak of CO2 emissions by 2030,and strive to achieve the goal of "carbon neutral" by 2060.The development and utilization of clean new energy has become the only way to achieve a zero-carbon economy.H New Energy Power Company is a large-scale enterprise specializing in wind power generation in Inner Mongolia Autonomous Region.Its operating status and future development trend will have a significant impact on the new energy power supply in Inner Mongolia.Therefore,scientific financial analysis is of great importance to the enterprise itself and the users of relevant financial statements.Among many financial analysis methods,Harvard Analytical Framework is favored by financial repo rt analysts because of its comprehensiveness and logic.With the changing economic environment of the enterprise and the gradual expansion of business scale,the company has a more and more urgent need for a scientific comprehensive financial analysis system,and the use of this framework can help it to further improve its financial situation and meet the opportunities and challenges in the future.Therefore,this paper takes H New Energy Power Generation Company as the research object and makes a comprehensive analysis of its financial report on the basis of Harvard Analytical Framework.Based on the strategic analysis,this paper firstly analyzes the internal and external environment of the enterprise comprehensively,and then recommends the appropriate development strategy for it.Secondly,it conducts an accounting analysis on the company’s financial statements from 2015 to 2019 to study the applicability of enterprise accounting policies and accounting estimates as well as the quality of key accounting items.Thirdly,the financial analysis of these data is carried out to comprehensively measure the financial situation of the enterprise with the reference of various ability indicators.Finally,it is the prospect analysis,which comprehensively considers various factors to forecast the future prospects of the industry and the enterprise,and puts forward targeted development suggestions for the company.The research results show that in terms of strategy,H Company should seize development opportunities by adopting WO and SO strategies.Accounting policies have good applicability.but the company should adhere to the appropriate investment in fixed assets and strengthen the receivables recovery period management,in order to deal with the widespread imbalance of asset structure in the industry;In the aspect of finance,there are problems such as weak cash management,excessively high debt ratio and declining operating income under marketization transactions.The enterprises can improve them by establishing the replenishing mechanism of working capital,changing the concept of radical investment and low cost operation.In terms of prospects,the overall development prospects of the company are promising.Although faced with challenges such as lack of working capital and inherent defects of wind power seasonality,the company can deal with these challenges by strengthening working capital management and establishing strategic cooperation agreements.At the same time,as a representative company in the industry,the author expects to provide reference for other companies in the industry through detailed analysis of the company’s financial situation and prospects.