Based On The Harvard Framework Yibin Tianyuan Group Shares Financial Diagnosis Of A Limited Company

Chemical Industry is the foundation and pillar industry of a country,involving a wide range of fields,its operation is related to the national economy and People’s livelihood,has an important economic status.In recent years,the problems of environmental pollution and shortage of resources have attracted the attention of the state and society.The state has formulated relevant policies and regulations to further standardize the behavior of chemical enterprises and strengthen the protection of ecological environment.Therefore,this paper selects Yibin Tianyuan Group,the largest chlor-alkali chemical enterprise in southwest China,as the research object to help the healthy and sustainable development of chemical industry.In this paper,the Harvard analysis framework is used to make financial diagnosis of Yibin Tianyuan Group(hereinafter referred to as Tianyuan Group).Based on the financial annual report data of the past six years(2016-2021),combined with the field visit to Tianyuan Group research situation,longitudinal comparison of Tianyuan Group.At the same time,it makes a horizontal comparison with the financial data of Shanghai Chlor-Alkali Chemical,Xinjinlu Group and Lutianhua Corporation,and discusses the financial management problems of Tianyuan Group through vertical and horizontal comparative analysis.Through the financial diagnosis of Tianyuan Group Company,the relevant conclusions are drawn.In terms of strategic management,Tianyuan Group is in the strategic transition period,the overall strategic positioning is accurate,closely following the development trend of The Times.In terms of financial accounting,the accounting policies and estimates adopted for key accounting items comply with relevant national laws and regulations,and are consistent with the company’s operation and management.Part of the company’s financial indicators are good,accounts receivable management is relatively stable,high efficiency of capital utilization,but there are many problems of idle fixed assets,unreasonable capital structure,low gross profit rate and high cost.Prospects analysis,the development of the enterprise has broad prospects,the future will usher in new growth points in the direction of fine,new materials,new energy batteries.In view of the existing problems of Tianyuan Group,relevant improvement suggestions are put forward: build enterprise brand,revitalize idle assets,optimize capital structure,control costs,green and low-carbon transformation,so as to improve operation and management,reduce operation risks,and escort the production and operation of the enterprise.This paper makes a comprehensive financial analysis of Tianyuan Group from four aspects,including strategy,accounting,finance and prospect,and focuses on the chemical industry,the core pillar industry of China,which provides an important reference basis for the realization of sustainable development of Chinese chemical enterprises.