The Asset-Light Of The Company’s Financial Analysis Based On Harvard Analysis Framework

With the rapidly development of economy and the progress of science and technology, our world is changing in an incredible speed. The entrepreneurs’vision is no longer just limited to the product, but from the overall view to see the development of the enterprise. The entrepreneurs cling to the core of the enterprise business,which is trying to ease the burden of asset-heavy operation and enhance their core competitiveness, the other’s enterprise business is given to other enterprise.The enterprise can improve its ability of the overall development by this way.The asset-light revolution is the strategy of reform, due to its limitations,the traditional financial statement analysis is no longer apply to the analysis of financial light-asset company, the Harvard Analysis Framework which is combine with the practical situation of enterprise became the better role for the asset-light company financial statement analysis. The Harvard Analysis Framework combines qualitative analysis and quantitative analysis. and uses qualitative analysis and quantitative analysis method,in order to analysis the financial statement. By this way, it can be compensated for the limitations of the financial statement analysis to some extent. In this paper, it sets the China Mobile co., LTD as an example for the typical enterprise of the light-asset company which based on the Harvard Analysis Framework of the financial statement analysis, the Harvard Analysis Framework is combined with the asset-light of the company’s specific situation and makes a detailed analysis on the financial statements of each year and put forward to the corresponding Suggestions for the improve of corporate strategy adjustment and management issues. It abandoned the common existing disadvantages of the traditional financial statement analysis that has certain reference significance for the choice of the healthy develop road of the light-asset company.Firstly, the paper elaborated the topic’s background and significance, the review of relevant literature, research contents, research methods and innovations. Secondly, it introduced the Harvard Analysis Framework, which laid a solid theoretical foundation for the following analysis process. It made a detailed analysis for the China mobile co., LTD., which is based on the Harvard Analysis Framework and started from the strategic way. It offered a more reliable thinking way for the enterprise to make an accurate judgement for their own financial condition. It also offered a targeted suggestion for the China mobile co., LTD., At last, it gives an evaluate for the prospect and China mobile co., LTD and the telecom industry of China.