North China Power Grid Company's Financial Strategy Analysis

The State Power Reform Program says clearly that the grid industry should break down the monopoly and introduce competition to optimize the allocation of resources. Brought the diversified economy power companies to re—rocation market position, readjust the industrial structure, establish modem company management system。In that indeterminacy of environment, how to find the suitable way of their own development, is the most difficult problem, all grid companies are facing. North China Grid Company Limited is the capitalization subsidiary company which the State Grid corporate investment established, already advanced into the world especially big electrical network ranks, takes State Grid subordinate one of five wide range electrical network companies, The North China electrical network's plan, the investment, the construction, the operational guidance and the electric power market operation.Financial strategy decision should be based on the prognostication of corporate operation. The paper presents a operating forecasting which contains various of basis:optimistic, average and pessimistic. In the following discussion, the average basis is used for the strategy decision. According to the analysis of exterior circumstance and corporate interior operation, the paper reckons that capital, bankroll, price, cost and risk make up of the system of North China Grid Company's financial strategy. The realization of financial strategy objective depends on a accurate implement system. We also discuss the emphasis and the measures of financial strategy, which should be coherent with the financial strategy objective. In this process, financial concept, financial system and the outside ensuring make the sustainable system of the realization of financial strategy objective. In order to help the strategic management of the charged barbed wire net management business enterprise, promote the company develop quickly,continued and steady.