The Application Research Of Harvard Analytical Framework In A Coal Enterprise

The coal industry is a high degree of association industry with the other industries, the consumption of coal resources can be said into each link in our national economy. As China’s basic energy, the consumption of coal mix in all aspects of China’s economic development. The industry is a very high industrial relevancy industry, the downstream industries of which includes electricity, coke, iron and steel, building materials production, calcium carbide production, ammonia and chemical industries as well as residents living in coal, the coal industry’s development capacity and profitability related to all aspects of people’s livelihood. Thus in the daily work of coal production and management of enterprises, it is particularly important to strengthen financial management in coal enterprises.In the traditional financial analysis process, the company’s financial reports and other relevant information usually are treated as a fundamental basis, using specific analytical methods and analysis tools for enterprise reporting data for further processing, sorting, comparison and analysis, in order to provide a strong basis for decision making and planning work for the improvement of enterprise financial prediction. Although some financial analysis framework is proposed later, then the analysis system on financial report data based quantitative analysis all the same, which do not compare important non-financial information into the analysis system.This article uses the Harvard analysis framework as the main analysis tool, which is a new analysis framework proposed by the three scholars of the Harvard University. Its innovation lies on the strategic point of view, and then according to the analysis of enterprise financial report data of enterprise production management condition by using the method of combining qualitative analysis and quantitative analysis, which is rare in other financial analysis methods.The main content of this article is the analysis on the operating condition of the company five years by using the Harvard analysis framework System. First, starting from the perspective of corporate strategy, in which the A coal enterprises industry background and internal and external business environment for qualitative analysis; followed by the A corporate financial reporting accounting information disclosure quality analysis, the main purpose is to eliminate the negative influences brought by enterprise profit manipulation or misstatement to the quality of financial information, to prepare for the next step of Harvard analysis framework system of the financial analysis; then the Harvard analysis framework system focuses on the part of the financial analysis, this part refers to the growth, profitability and risk management strategy three-dimensional equilibrium theory, analysis and evaluation from the three aspects of the five year of A coal enterprise’s financial condition and results of operations; finally, that is the prospect analysis of A coal enterprise, this part focuses on the industry prospects that A coal enterprise belongs to and specific to the qualitative analysis of the prospect of A coal enterprise. By using the Harvard analysis framework for A coal enterprises to carry on the analysis, I found some problems in the process of production and operation, and then put forward some suggestions aiming at the present problems, in order to achieve the sustainable growth of enterprise efficiency.