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Reserch On The Muti-division Analysis Of The Corporate Finance Quality

Posted on:2018-05-06Degree:MasterType:Thesis
Country:ChinaCandidate:Y H ZouFull Text:PDF
GTID:2359330518486288Subject:Engineering
Abstract/Summary:PDF Full Text Request
The financial report of the company can reflect the basic financial situation,operating results,cash flow situation and other financial management information of a company at a certain time or for a certain period of time.The company's managers can understand the past business performance and the current operating conditions by the various financial management information in the financial report and grasp the future development trend of the company.But the company's financial report is flawed,it does not fully reflect the all the information about the company,the company's management relies solely on the simple data in the financial report that can't fully grasp the development of the enterprise.So,on the basis of the financial report,it should also combine corporate reality.We should have an effective financial diagnosis for the company's balance sheet and the cash flow statement of the relevant schedule and the comprehensive analysis of the relevant schedule.Only the management of the company can make scientific rational decisions.The so-called financial analysis and diagnosis is the business managers analyze these business-related financial data.And combine the specific environment,making accurate judgments about business and financial conditions to guide corporate managers to make decisions that are most conducive to corporate development,achieving the biggest goal of corporate value.This paper begins to sort out and summarize the literature about the domestic and foreign related financial analysis of diagnostic and analyze the role of the current literature and shortcomings.Through the general study of the relevant literature,the second part of the article briefly describes the theory of financial analysis and diagnosis in order to understand the financial diagnosis from the theory.And then select the ZTL as the analysis object of this paper.We mainly use the methods of structural analysis,trend analysis,factor analysis and ratio analysis to analyze the balance sheet,profit statement,cash flow and related schedule of ZTL for nearly five years to analyze the three major statements of the company's major projects and important financial indicators of the specific amount of analysis,compare with industry standard,and evaluation of its relative changes in the past five years trend.Finally,the comprehensive analysis and diagnosis of financial information are carried out by using the comprehensive analysis method,the improved DuPont analysis method and the continuous substitution analysis method to find out the deep reasons for the change of financial indicators and the internal relations among the indexes.The comprehensive analysis and diagnosis of financial information can figure out deeper reasons for the changes in financial indicators and the internal connection between indicators.It can improve the company's current business conditions and financial situation,and gradually enhance their own value,and reach goals that maximize the business value.This article is largely aware of the company's operating conditions and finances after a financial analysis and a corresponding diagnosis.This paper Points out the current management issues and pitfalls.And according to the results,we give management some scientific recommendations.In addition,through the research of this paper,we will have a deeper understanding of the theory of financial diagnosis,and further promote the practical application of financial diagnosis theory in enterprise management.
Keywords/Search Tags:Financial analysis, Financial diagnosis, Comprehensive analysis
PDF Full Text Request
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