Financial Analysis

Author: Chen Xisheng
Publisher:
Publish Date: 2004-08-01
Features: A pilot merely understanding the meaning of the data shown on instruments is not enough; he must also understand the relationships between various figures, recognize which indicators are normal and which are abnormal, and make adjustments to the aircraft based on the readings from the dials. Similarly, a corporate financial manager, in addition to "bookkeeping," must clearly grasp the relationships between various accounting data to truly have a "clear picture" for financial decision-making, planning, and control. To understand the relationships between financial figures, financial analysis is essential. Please read this book to absorb the essence of finance—financial analysis. This book focuses on comprehensively and systematically presenting the basic theories and methods of financial analysis. It elaborates on financial statement analysis, capital analysis, cost-volume-profit analysis, leverage analysis, and EVA analysis, covering all major areas of financial analysis while striving to connect theory with practice. Financial analysis stands at the forefront of finance, and many of its contents are the essence of the field, offering excellent application and development prospects. This book is primarily not intended to provide readers with specific conclusions for financial practice but rather to guide them in developing specific thinking methods and approaches. It can serve as a textbook for students majoring in finance, economics, and management at universities and colleges, as well as a self-study guide and training material for working professionals.