安徽某公司季度财务分析报告

安徽海螺水泥有限公司2011年前三季度财务分析报告财务分析又称财务表报分析，简单的来讲财务分析就是以财务报表和其他资料为依据，系统的来分析公司的财务状况、经营成果和现金流量的过程。它是通评价过去的经营业绩和衡量现在财务状况从而推测出未来成长方向的一个行之有效的办法。这篇对海螺水泥的财务分析报告是从投资者的角度，通过对公司的营运能力、偿债能力、盈利能力、现金流量情况等方面作出分析，得出投资者所需的一些信息。一、 海螺公司的基本情况：安徽海螺水泥股份有限公司成立于1997年9月1日，是中国最大的水泥生产商和供应商，现有水泥和商品熟料的总产能已达1660万吨，拥有27家子公司和1家参股公司，其中六大熟料生产基地分别位于安徽省宁国、芜湖、铜陵、池州、枞阳等地，于199年10月21日在香港联合交易所挂牌上市（股票代码0914），公司总股本为98,348万股，其中国有股为62,248万股，H股流通股为36,100万股。公司凭借自身资源、能源、区位优势并结合技术、人才、管理优势，在中国建材行业有很高的知名度和可观的市场份额，生产能力在亚洲居第三位，世界居第十二位。二、 主要财务报表1、 资产负债表会计年度2011-09-302011-06-302011-03-15货币资金6,803,674,986.008,063,111,766.003,070,029,060.00交易性金融资产49,654,845.00113,598,548.004,152,155.00应收票据9,103,077,122.007,297,447,075.005,512,789,984.00应收账款425,386,066.00475,736,886.00441,010,116.00预付款项624,236,416.00609,396,596.00515,152,808.00其他应收款4,898,452,344.004,373,548,289.00440,176,970.00应收关联公司款-应收利息32,401,199.007,770,719.00-应收股利-存货4,065,865,839.003,819,456,890.003,768,703,227.00其中：消耗性生物资产-一年内到期的非流动资产-其他流动资产591,370,634.00684,072,017.00605,671,669.00流动资产合计26,594,119,451.0025,444,138,786.0014,357,685,989.00可供出售金融资产2,966,841,768.004,286,174,702.004,742,925,350.00持有至到期投资-长期应收款-长期股权投资292,513,977.00283,582,029.001,042,010,130.00投资性房地产-固定资产38,862,589,214.0036,690,928,462.0034,150,267,437.00在建工程4,658,473,183.004,523,395,996.003,361,520,443.00工程物资2,315,781,697.002,791,865,671.002,938,067,081.00固定资产清理-生产性生物资产-油气资产-无形资产3,388,802,318.003,220,656,518.002,788,069,433.00开发支出-商誉76,157,940.0039,344,971.0016,119,621.00长期待摊费用-递延所得税资产124,209,652.00114,102,384.00111,446,159.00其他非流动资产209,599,309.0096,533,966.00110,216,199.00非流动资产合计52,894,969,058.0052,046,584,699.0049,260,641,853.00资产总计79,489,088,509.0077,490,723,485.0063,618,327,842.00短期借款982,900,000.001,665,000,000.002,447,449,873.00交易性金融负债-应付票据40,000,000.0010,000,000.00-应付账款4,535,254,735.004,380,380,058.003,787,268,178.00预收款项1,205,591,579.00844,920,854.00728,715,723.00应付职工薪酬53,372,726.0041,008,050.0029,055,790.00应交税费1,711,384,960.001,402,466,909.001,124,407,782.00应付利息343,882,985.00211,498,033.0087,278,434.00应付股利-其他应付款4,061,126,487.003,859,066,941.003,310,674,719.00应付关联公司款-一年内到期的非流动负债2,039,410,532.002,239,543,863.001,672,403,865.00其他流动负债-流动负债合计14,972,924,004.0014,653,884,708.0013,187,254,364.00长期借款10,500,886,365.0010,576,113,637.0010,823,909,092.00应付债券9,464,072,848.009,462,505,988.00-长期应付款171,357,997.00175,294,951.00174,235,265.00专项应付款-预计负债-递延所得税负债373,041,083.00708,327,525.00770,654,571.00其他非流动负债30,648,662.0031,067,909.0031,614,532.00非流动负债合计20,540,006,955.0020,953,310,010.0011,800,413,460.00负债合计35,512,930,959.0035,607,194,718.0024,987,667,824.00实收资本（或股本）5,299,302,579.005,299,302,579.003,532,868,386.00资本公积11,536,341,178.0012,623,182,293.0014,730,299,472.00盈余公积1,141,881,369.001,141,881,369.001,141,881,369.00减：库存股-未分配利润24,334,768,154.0021,273,608,928.0018,555,499,200.00少数股东权益1,663,864,270.001,545,553,598.00670,111,591.00外币报表折算价差-非正常经营项目收益调整-归属母公司所有者权益（或股东权益）42,312,293,280.0040,337,975,169.0037,960,548,427.00所有者权益（或股东权益）合计43,976,157,550.0041,883,528,767.0038,630,660,018.00负债和所有者（或股东权益）合计79,489,088,509.0077,490,723,485.0063,618,327,842.002.利润表会计年度2011-09-302011-06-302011-03-15一、营业收入34,974,813,908.0022,327,264,574.009,314,519,670.00减：营业成本20,438,110,944.0012,844,766,161.005,610,280,022.00营业税金及附加193,708,694.00122,869,661.0044,289,815.00销售费用1,248,828,365.00800,614,875.00358,779,760.00管理费用1,125,685,360.00702,229,165.00344,616,528.00勘探费用-财务费用434,597,538.00282,139,983.00131,218,608.00资产减值损失-27,976.00-27,976.00-20,000.00加：公允价值变动净收益-7,078,869.006,850,353.002,399,155.00投资收益124,259,521.0087,728,979.005,137,055.00其中：对联营企业和合营企业的投资收益22,598,047.0020,434,014.005,137,055.00影响营业利润的其他科目-二、营业利润11,651,091,635.007,669,252,037.002,832,891,147.00加：补贴收入-营业外收入526,789,360.00382,292,235.00178,866,452.00减：营业外支出1,862,558.001,712,815.00512,599.00其中：非流动资产处置净损失932,737.00916,291.00327,627.00加：影响利润总额的其他科目-三、利润总额12,176,018,437.008,049,831,457.003,011,245,000.00减：所得税2,930,189,278.001,951,475,440.00753,594,704.00加：影响净利润的其他科目-四、净利润9,245,829,159.006,098,356,017.002,257,650,296.00归属于母公司所有者的净利润9,055,209,131.005,994,049,905.002,216,079,661.00少数股东损益190,620,028.00104,306,112.0041,570,635.00五、每股收益-（一）基本每股收益1.711.130.63（二）稀释每股收益1.711.130.633、 现金流量表报告年度2011-09-302011-06-302011-03-15一、经营活动产生的现金流量销售商品、提供劳务收到的现金41,548,800,617.0027,139,391,860.0011,587,026,776.00收到的税费返还97,945,504.0061,803,609.0032,978,459.00收到其他与经营活动有关的现金410,177,843.00325,521,161.00145,695,713.00经营活动现金流入小计42,056,923,964.0027,526,716,630.0011,765,700,948.00购买商品、接受劳务支付的现金26,292,646,510.0017,347,162,499.007,927,917,938.00支付给职工以及为职工支付的现金1,718,131,676.001,169,162,834.00667,682,423.00支付的各项税费5,587,066,421.003,416,285,241.001,320,348,707.00支付其他与经营活动有关的现金654,149,198.00419,074,215.00101,209,993.00经营活动现金流出小计34,251,993,805.0022,351,684,789.0010,017,159,061.00经营活动产生的现金流量净额7,804,930,159.005,175,031,841.001,748,541,887.00二、投资活动产生的现金流量收回投资收到的现金1,061,822,622.00800,000,000.00-取得投资收益收到的现金-处置固定资产、无形资产和其他长期资产收回的现金净额2,504,337.001,639,906.001,450,812.00处置子公司及其他营业单位收到的现金净额363,356,423.00363,356,423.00-收到其他与投资活动有关的现金139,803,468.0062,307,579.0022,434,466.00投资活动现金流入小计1,567,486,850.001,227,303,908.0023,885,278.00购建固定资产、无形资产和其他长期资产支付的现金6,279,800,966.004,017,281,355.002,042,575,069.00投资支付的现金5,313,497,046.004,909,899,795.00-取得子公司及其他营业单位支付的现金净额157,487,734.0019,134,000.00-支付其他与投资活动有关的现金110,000,000.00-投资活动现金流出小计11,860,785,746.008,946,315,150.002,042,575,069.00投资活动产生的现金流量净额-10,293,298,896.00-7,719,011,242.00-2,018,689,791.00三、筹资活动产生的现金流量吸收投资收到的现金-取得借款收到的现金3,145,000,000.003,145,000,000.001,187,449,873.00收到其他与筹资活动有关的现金16,932,344.00-6,631,925.00筹资活动现金流入小计12,625,067,046.0012,608,134,702.001,194,081,798.00偿还债务支付的现金4,821,522,727.003,574,022,728.00465,500,000.00分配股利、利润或偿付利息支付的现金1,480,442,571.001,320,208,725.00115,290,000.00支付其他与筹资活动有关的现金15,619,197.0016,761,633.009,474,026.00筹资活动现金流出小计6,317,584,495.004,910,993,086.00590,264,026.00筹资活动产生的现金流量净额6,307,482,551.007,697,141,616.00603,817,772.00四、汇率变动对现金的影响四(2)、其他原因对现金的影响五、现金及现金等价物净增加额期初现金及现金等价物余额2,689,148,569.002,689,148,569.002,689,148,569.00期末现金及现金等价物余额6,508,262,383.007,842,310,784.003,022,818,437.00附注：1、将净利润调节为经营活动现金流量净利润-6,098,356,017.00-加：资产减值准备-27,976.00-固定资产折旧、油气资产折耗、生产性生物资产折旧-1,182,523,599.00-无形资产摊销-46,632,340.00-长期待摊费用摊销-处置固定资产、无形资产和其他长期资产的损失-127