Research on the Construction of a Financial Analysis System for Core Competitiveness of Enterprises

Abstract

In view of the defect of the traditional financial analysis system that only focuses on the surface data analysis of financial statements and ignores the evaluation of the core capabilities of enterprises, this paper attempts to construct financial analysis indicators for core competitiveness to improve the deficiencies of the traditional financial analysis system. Based on a systematic review and summary of the research literature and development environment of core competitiveness at home and abroad, this paper reconstructs the financial analysis indicator system of core competitiveness from four dimensions: return on human capital investment, R&D innovation ability, cash balance ability, and capital investment return rate. At the same time, the empirical results based on the data of listed companies in Shaanxi Province show that there is a positive correlation between the core competitiveness of enterprises and the four financial analysis indicators, indicating that the constructed indicators have certain rationality and practical value.