Based On The Harvard Analysis Framework Financial Statements Of Sanyuan Food

With the development of economy and the improvement of people’s living standard,dairy products have gradually become indispensable nutrition drinks in people’s life and the number of dairy enterprises in our country is increasing.With the increase of the quantity of dairy enterprises and the expansion of some enterprises,the competition in the dairy industry is becoming more and more fierce.At present,because the development of China’s dairy industry has entered a new normal state and the impact of economic globalization,the dairy industry will face new challenges and pressures.The competition between large domestic dairy enterprises,the competition between national dairy enterprises and regional enterprises,the competition between domestic dairy enterprises and foreign dairy enterprises has formed a new competitive pattern.Under this complex industry environment,dairy enterprises need to adapt to the development of the economy and industry,and make appropriate strategic adjustments in line with the overall development of the market.In order to develop steadily in a competitive environment,it is particularly important to analyze financial statements on the basis of corporate strategy.This paper will analyze the financial statements of Sanyuan food in recent years by the Harvard analysis framework.Harvard analysis framework is based on the traditional financial statements.It analyzes the financial situation of enterprises from the strategic point of view,and mainly includes strategic analysis,accounting analysis,financial analysis and Prospect analysis.In addition,Sanyuan food is the enterprises produced dairy productions.After years of development,Sanyuan food has become the leading industry and well-known enterprises.Therefore,the research on the image has certain representativeness and the significance of the research.This paper is divided into six chapters:the first chapter introduces the research background,research significance,research status at home and abroad,the research ideas and research innovation;The second chapter gives an overview of the Harvard analysis framework theory.Firstly,it introduces the methods and shortcomings of thetraditional financial statements analysis.Secondly,it introduces the origin of the Harvard analysis framework,the dimensions of analysis and characteristics.The third chapter mainly analyzes the strategy of Sanyuan food.Firstly,it analyzes the development status of the dairy industry,and uses the Five analysis model.Secondly,it gives the brief introduction of Sanyuan food,and uses SWOT analysis.Fourth chapter starts to use the harvard analysis framework theory.Firstly,it introduces accounting analysis.First of all,the key accounting policies and accounting estimates of Sanyuan food is analyzed.the second,it analyse the quality of assets and liabilities,earnings quality and the quality of cash flow.The fifth chapter brings the financial analysis of Sanyuan food.It mainly analyzes the solvency,profitability,operating capacity,growth capacity and cash flow of the Sanyuan food from the vertical and horizontal angles.The six chapter analyzes the prospect of Sanyuan food,and points out the existing risks and puts forward some Suggestions for improvement,so as to promote the development and operation of the enterprise better.