Analysis of Corporate Financial Statements Based on Strategic Perspective - Taking BYD Company Limited as an Example

Research Article
Open access

Analysis of Corporate Financial Statements Based on Strategic Perspective - Taking BYD Company Limited as an Example

Chengye Han 1*
  • 1 University of Southampton    
  • *corresponding author ch5n22@soton.ac.uk
Published on 13 September 2023 | https://doi.org/10.54254/2754-1169/12/20230598
AEMPS Vol.12
ISSN (Print): 2754-1177
ISSN (Online): 2754-1169
ISBN (Print): 978-1-915371-67-6
ISBN (Online): 978-1-915371-68-3

Abstract

As global oil prices continue to rise, new energy vehicles are gradually becoming a popular choice for many consumers. At present, both traditional and emerging car companies are focusing on the new energy vehicle market. In this situation, new energy vehicle enterprises must improve their own competitiveness. Financial statements can give a clear idea of the solvency, development potential and operational capacity of an enterprise. This paper analyzes the financial reports of BYD, one of the most representative new energy vehicle companies in China. By analyzing the company's financial reports in recent years, this paper studies how to give full play to the influence of financial statement analysis on business decisions. The aim of this paper is to propose effective measures as well as reasonable suggestions, so as to facilitate better business decisions by business operators.

Keywords:

financial statement analysis, business decision making, influence

Han,C. (2023). Analysis of Corporate Financial Statements Based on Strategic Perspective - Taking BYD Company Limited as an Example. Advances in Economics, Management and Political Sciences,12,65-71.
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References

[1]. China Association of Automobile Manufacturers. Report on the Development of China's Commercial Vehicle Industry [M]. Social Science Literature Press, (2021).

[2]. Chad Albrecht, Daniel Holland, Michael Peters. Strategic revenue analysis [J]. Strategic Direction, 32(7) (2016).

[3]. Khanna T., Palepu K. G. Winning in Emerging. Markets [M] Winning in emerging markets; Harvard Business Press, pp.174-180 (2018).

[4]. Zoltán Musinszki, Gábor Béla Süveges. Strategic Decision-making Supported by Traditional Financial Indicators [J]. Oradea Journal of Business and Economics (OJBE), (2019).

[5]. Jarunee Wonglimpiyarat. What is it about strategic implications of using financial models in the process of technology management? [J]. Journal of High Technology Management Research, 30(1): 82-90 (2019).

[6]. Will Kenton. Financial Statement data in assessing the future potential of technology firm: the case of Nokia [J]. International Review of Financial Analysis, (3): 256-286 (2018).

[7]. Dorisz Talas, Andrea Rozsa.Financial competitiveness analysis in the Hungarian dairy industry [J]. Competitiveness Review, (25):426-447 (2015).

[8]. Isabel J. David Cabedo, American Journal of Public Health [M] (3): 463-469 (2015).

[9]. Avi Rushinek Cannon, Using financial ratios to predict insolvency [J]. Available online12 April (2002).

[10]. Yufeng Zhou. The development trend of financial reporting [J]. Fortune Today (07), 130-132 (2022).

[11]. BYD Group Financial Report [Z] 2022, https://www.bydglobal.com/cn/Investor/InvestorAnnals.html

Cite this article

Han,C. (2023). Analysis of Corporate Financial Statements Based on Strategic Perspective - Taking BYD Company Limited as an Example. Advances in Economics, Management and Political Sciences,12,65-71.

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About volume

Volume title: Proceedings of the 2nd International Conference on Business and Policy Studies

ISBN：978-1-915371-67-6(Print) / 978-1-915371-68-3(Online)
Editor：Javier Cifuentes-Faura, Canh Thien Dang
Conference website: https://2023.confbps.org/
Conference date: 26 February 2023
Series: Advances in Economics, Management and Political Sciences
Volume number: Vol.12
ISSN：2754-1169(Print) / 2754-1177(Online)

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References

[1]. China Association of Automobile Manufacturers. Report on the Development of China's Commercial Vehicle Industry [M]. Social Science Literature Press, (2021).

[2]. Chad Albrecht, Daniel Holland, Michael Peters. Strategic revenue analysis [J]. Strategic Direction, 32(7) (2016).

[3]. Khanna T., Palepu K. G. Winning in Emerging. Markets [M] Winning in emerging markets; Harvard Business Press, pp.174-180 (2018).

[4]. Zoltán Musinszki, Gábor Béla Süveges. Strategic Decision-making Supported by Traditional Financial Indicators [J]. Oradea Journal of Business and Economics (OJBE), (2019).

[5]. Jarunee Wonglimpiyarat. What is it about strategic implications of using financial models in the process of technology management? [J]. Journal of High Technology Management Research, 30(1): 82-90 (2019).

[6]. Will Kenton. Financial Statement data in assessing the future potential of technology firm: the case of Nokia [J]. International Review of Financial Analysis, (3): 256-286 (2018).

[7]. Dorisz Talas, Andrea Rozsa.Financial competitiveness analysis in the Hungarian dairy industry [J]. Competitiveness Review, (25):426-447 (2015).

[8]. Isabel J. David Cabedo, American Journal of Public Health [M] (3): 463-469 (2015).

[9]. Avi Rushinek Cannon, Using financial ratios to predict insolvency [J]. Available online12 April (2002).

[10]. Yufeng Zhou. The development trend of financial reporting [J]. Fortune Today (07), 130-132 (2022).

[11]. BYD Group Financial Report [Z] 2022, https://www.bydglobal.com/cn/Investor/InvestorAnnals.html

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