Financial Analysis Of CY Company Based On Harvard Analysis Framework

Agriculture,forestry,animal husbandry and fishery industry is closely related to the people’s livelihood,especially farmers and herdsmen.With the economic development,the improvement of people’s living standards,animal husbandry has been developing rapidly.However,the animal husbandry still faces the disease risk and market risk.In this case,it is necessary to study how the animal husbandry industry should deal with its operational and financial problems.At the same time,financial statements,as a digital reflection of business activities,operating performance and financial situation,provides the basis for the analysis of financial statements.However,the traditional financial statement analysis cannot be combined with the business environment and the strategy of the enterprise.Traditional financial analysis can not meet the requirements of enterprise financial analysis.The Harvard Analytical Framework overcomes the defects of traditional report analysis and provides a complete analysis system for the comprehensive analysis of the enterprise.CY is a public company which is mainly engaged in livestock breeding and has been developing rapidly in recent years.By studying its operating environment,financial situation and the operation and financial strategy of the enterprise,it can provide reference and representative for enterprises with similar problems in the same industry.The article study the CY company from four dimensions of Harvard Analytical Framework,respectively strategy analysis,accounting analysis,financial analysis and the prospect analysis.In the strategic analysis,We should analyze the corporate external environment for the main risks and opportunities of the enterprise.At the same time,We should study the company for its advantages and disadvantages.In the accounting analysis,through the analysis of the accounting policies of the main accounting estimation subjects of enterprises,it lays the foundation for financial analysis.In financial analysis,through the financial benefit analysis,capital operation ability,debt paying ability analysis,the development capacity analysis,it found that enterprise profitability exist volatility,debt paying ability,operation ability is low but good development ability.In the comprehensive analysis and prospect forecast,We further analyze the status of the company and the forecast the future.Based on the analysis results of the Harvard Analysis Framework,CY company is in the rapid development period and has great development potential in the future.At the same time according to the analysis of the problems should be Forward Integration and Backward Integration,Diversified development,fundraising strategy and Asset-light strategy.