The M&A Performance Evaluation Of China PingAn Acquisition Of Shenzhen Development Bank Based On The Harvard Framework Methodology

M&A is not only one way of social resources’ reallocating, but also one channel of enterprises ‘s strategic growing, which is absorbed frequently by more and more enterprises as economic integration and globalization develops. The trend of M&A is very obvious in China as the M&A prevails world widely. The competition is fierce so much in finance industry as the integration of global finance industry develops. Finance comprehensive operation is a wise choice to face the challenge of global competition. The scale of enterprises will be bigger as the M&A becomes, but it may not bring synergistic effect if the subsequent integration is not done well.This article tries to deeply study M&A performance evaluation of China Ping An acquisition of Shenzhen development bank based on Harvard Framework Methodology using the annual statement reports of China Ping An and Shenzhen development bank from the year 2006 to the year 2015. China Ping An got a good synergistic effect after M&A based on strategy analysis, accounting analysis, financial analysis, trend analysis. But there are also some disadvantages, such as long net asset turnover days, slack risk control, slow development of investment. To avoid it, hereby give advice to China Ping An’s further development and subsequent integration which can be followed by China’s finance industry and M&A between enterprises.