Financial Statement Analysis of Nanjing Yinfei company based on Harvard Analytical Framework

The Harvard Analytical Framework is a financial analysis framework jointly proposed by three Harvard economists. Analysis of financial statements based on the Harvard framework not only helps to identify problems in the business process, but also to predict future growth potential. In this paper, the publicly traded company Nanjing Sonic was selected as the target company for the study. The Harvard Analytical Framework was adopted as an analytical tool to analyze the operating conditions and financial status of the target company for the years 2015-2019. A comparison with similar companies reveals the problems that exist. Finally, we forecast the future development prospects of the company.