Analysis And Research On Financial Statements Of Shaanxi Coal Industry Co., Ltd

In recent years,the coal market oversupplies,coal prices are falling,and the entire industry is experiencing a hard time,the survival and development of coal enterprises are under severe test.At present,the financial situation of the coal enterprises has gained attention by the creditors,investors,government regulators and other social aspects.Therefore,it is necessary for coal enterprise to carry out financial analysis.Usually for a company's financial analysis,but from many aspects.On the analysis of the financial statements of the enterprise is a good starting point.Financial statements as a common language of modern business,has the characteristics of digital,standardization.comprehensive,and can be more convenient for statement users provide the company's assets,liabilities,earnings,etc financial situation.Based on the financial statements,easy to statistics and compare their own or with other industry in the operation,servicing,the change of the respect such as profit and ability,and financial statement analysis is becoming more common.This article selects the representative enterprise:coal industry of Shaanxi coal co.,LTD.to be analyzed.In the form of case analysis,first of all,by adopting the method of comparison,trend analysis on the financial statements which reflects the relevant data from 2012 to 2016,we try to find out the change of the main financial indicators in recent years and the change tendency.Furthermore,we want to analyze the cause of the change,the internal relations of these changes,and evaluate the structure of financial statements of the enterprise,and development ability,profit-making ability,debt-paying ability,operation ability.Secondly,by establishing system for analyzing financial statements index,the traditional statement analysis method will be improved.Finally,from the result of analysis,we find out the advantages and disadvantages in financing,operation,sales,and development in the enterprise.Meanwhile,we try to solve the problems existing in the financial management of Shaanxi coal co.LTD..Therefore,we can give advice on the sustainable development of Shaanxi coal co.LTD.