Comprehensive Financial Analysis Of Huahai Pharmaceutical Based On Harvard Analysis Framework

As an important part of China’s economy,the pharmaceutical industry has received key support in the 13 th “Five-Year Plan.”.With the development of China’s market economy and the improvement of people’s health awareness,the level of consumption and supporting facilities in medical care has naturally been improved.If an enterprise wants to develop better in this circumstance,a comprehensive analysis of its own situation is indispensable.So Harvard’s analysis framework entered people’s vision.Since its proposal,the Harvard Analysis Framework has been favored by some scholars at home and abroad,and the analysis results of the Harvard Analysis Framework are more comprehensive and accurate than the traditional financial analysis methods.As a veteran pharmaceutical company listed in 2003,Huahai Pharmaceutical has been steadily moving forward.This article will take Huahai Pharmaceutical as a case for analysis.Through the analysis and summarization of various aspects,combined with the current situation of Huahai Pharmaceutical,so as to find out the problems existing in the operation process of the enterprise,and propose corresponding solutions to the problems,to provide new ideas for the development.This article will use the Harvard Analytics Framework to comprehensively analyze Huahai Pharmaceutical’s financial data from its 2016-2020 public corporate annual reports;First,the strategic analysis as a research starting point,through the analysis of the circumstance and its own situation of Huahai Pharmaceutical,for the subsequent accounting policy analysis and financial data analysis provides a strong guarantee;Secondly,by identifying the key accounting elements of Huahai Pharmaceutical,selecting the accounting items with a relatively large proportion for analysis.Selecting different enterprises in the same industry for comparison,to see whether it objectively reflects the real situation of the Huahai Pharmaceutical,providing an accurate basis for the next step of financial status analysis;Then,by studying the changing trend of Huahai Pharmaceutical’s indicators,it analyzes its solvency,operating ability,profitability and development ability.Through the above analysis,reasonable suggestions are put forward for the problems existing in the operation process of Huahai Pharmaceutical,hoping to provide certain reference value for the future development of other enterprises.