| Power grid construction is the basis for the development of the power industry,while power grid construction projects require a large number of transmission and distribution equipment,and the transmission and distribution equipment manufacturing industry has broad prospects for development.As a pioneer in China’s transmission and distribution equipment manufacturing industry,XD is responsible for promoting the development of China’s transmission and distribution equipment technology.With the positive development of the "Belt and Road"construction and the in-depth implementation of"Made in China 2025",XD’s overseas operations have continued to expand,and corporate structure and economic activities have become increasingly complex.Th,erefore,scientific and effective financial analysis isparticularly important.But the traditional financial analysis can not meet the needs of enterprise management.This paper uses Harvard analysis framework for reference,improves and sublimates traditional financial analysis,effectively combines financial information and non-financial information of enterprises,comprehensively and scientifically analyses corporate strategy,accounting,finance and prospects,so as to help enterprises formulate more scientific and efficient strategic planning and decision-making.This article takes XD company as the research object of Harvard analysis framework,combines the financial data of the company for five years,conducts in-depth research on its financial situation,reveals the inadequacies,and proposes solutions.First of all,the paper summarizes the research results of fin,ancial analysis and Harvard framework in academic circles at home and abroad,reveals th,e shortcomings of traditional financial analysis,and points out the superiority of Harvard’s financial analysis framework.Secondly,the paper analyzes the business performance and important financial indicators of the research object XD.It finds that company’s current financial analysis system lacks the integrity of financial data and does not form a virtuous circle system,it advocates using Harvard analytical framework to remedy these shortcomings.Next,the paper details the specific application of the Harvard analysis framework at XD.XD’s financial activities are analyzed in detail from the four analytical dimensions of strategy,accounting,finance and prospects,qualitative and quantitative metheds.Finally,the paper summarizes the whole paper,proposes improvement countermeasures,and proposes for the future.This paper draws on the Harvard framework and stands at the height of corporate strategy,making XD’s financial analysis system more comprehensive and scientific.Help them to explore internal and external opportunities,and propose reasonable and efficient countermeasures to help them overcome internal disadvantages,resist external threats,and enhance their competitiveness.At the same time,it has reference significance for the construction of comprehensive financial analysis system for other enterprises in the transmission and distribution equipment manufacturing industry. |