青岛某公司财务分析.doc

青岛XX有限公司年度财务报表分析青岛XX有限公司2010年度财务分析1.公司基本情况简介青岛海信电器股份有限公司(简称：海信电器)作为国内著名的家电上市公司，拥有中国最先进数字电视机生产线之一，年彩电产能1610万台，是海信集团经营规模最大的控股子公司。表1-资产负债表资产2010年12月31日2009年12月31日变动额变动率（%）流动资产:货币资金2,198,314,507.27675,799,349.091,522,515,158.18225.29%交易性金融资产应收票据3,619,239,251.722,324,644,678.381,294,594,573.3455.69%应收账款633,968,257.23515,560,695.80118,407,561.4322.97%预付款项28,803,529.8135,881,341.06-7,077,811.25-19.73%应收利息应收股利其他应收款9,290,068.9517,678,092.11-8,388,023.16-47.45%存货2,395,518,811.041,193,316,307.771,202,202,503.27100.74%一年内到期的非流动资产其他流动资产流动资产合计8,885,134,426.024,762,880,464.214,122,253,961.8186.55%非流动资产：长期应收款长期股权投资120,001,624.876,159,180.91113,842,443.961848.34%投资性房地产33,374,664.6634,587,446.28-1,212,781.62-3.51%固定资产1,007,563,158.18909,764,332.3397,798,825.8510.75%在建工程21,437,386.5845,363,735.99-23,926,349.41-52.74%固定资产清理914,500.07129,541.95784,958.12605.95%无形资产88,128,395.3193,308,363.50-5,179,968.19-5.55%开发支出1,914,196.174,395,438.02-2,481,241.85-56.45%长期待摊费用14,376,639.3020,812,728.18-6,436,088.88-30.92%递延所得税资产170,253,296.1036,354,289.94133,899,006.16368.32%其他非流动资产非流动资产合计1,457,963,861.241,150,875,057.10307,088,804.1426.68%资产总计10,343,098,287.265,913,755,521.314,429,342,765.9574.90%负债和股东权益流动负债:短期借款应付票据469,256,598.71256,158,381.38213,098,217.3383.19%应付账款2,919,250,147.551,533,213,887.571,386,036,259.9890.40%预收款项430,734,280.65461,627,869.88-30,893,589.23-6.69%应付职工薪酬121,484,394.5845,165,708.6076,318,685.98168.97%应交税费80,808,045.64-35,669,882.51116,477,928.15-326.54%应付利息962,975.00962,975.000.000.00%应付股利其他应付款1,224,371,322.42479,243,843.10745,127,479.32155.48%一年内到期的非流动负债其他流动负债流动负债合计5,246,867,764.552,740,702,783.022,506,164,981.5391.44%非流动负债：长期借款6,500,000.006,500,000.000.000.00%应付债券长期应付款预计负债其他非流动负债58,607,429.7990,114,436.50-31,507,006.71-34.96%非流动负债合计65,107,429.7996,614,436.50-31,507,006.71-32.61%负债合计5,311,975,194.342,837,317,219.522,474,657,974.8287.22%股东权益：股本577,767,810.00493,767,810.0084,000,000.0017.01%资本公积2,927,353,889.351,502,891,829.351,424,462,060.0094.78%减：库存股盈余公积383,396,884.76288,018,465.6895,378,419.0833.12%未分配利润1,037,333,142.76696,415,926.94340,917,215.8248.95%外币报表折算差额-18,769,616.07-21,907,471.553,137,855.48-14.32%少数股东权益124,040,982.12117,251,741.376,789,240.755.79% 股东权益合计5,031,123,092.923,076,438,301.791,954,684,791.1363.54%负债和股东权益总计10,343,098,287.265,913,755,521.314,429,342,765.9574.90%表2利润表项目2010年度2009年度增减额增减率一、营业总收入18,406,554,795.8013,407,101,432.474,999,453,363.3337.29%其中：营业收入18,406,554,795.8013,407,101,432.474,999,453,363.3337.29% 利息收入二、营业总成本17,941,752,470.5313,202,397,074.874,739,355,395.6635.90%其中：营业成本14,904,567,047.1911,025,741,264.553,878,825,782.6435.18% 利息支出营业税金及附加51,485,157.4253,750,815.36-2,265,657.94-4.22%销售费用2,511,134,258.571,710,720,672.61800,413,585.9646.79%管理费用365,560,268.08314,315,358.9951,244,909.0916.30%财务费用34,124,057.6568,059,774.77-33,935,717.12-49.86%资产减值损失74,881,681.6229,809,188.5945,072,493.03151.20%加：公允价值变动收益（损失以“-”号填列)投资收益（损失以“-”号填列)4,298,003.39445,800.603,852,202.79864.11%三、营业利润（亏损以“-”号填列）469,100,328.66205,150,158.20263,950,170.46128.66%加：营业外收入169,652,701.4979,282,159.2590,370,542.24113.99%减：营业外支出24,524,380.4815,455,602.489,068,778.0058.68%其中：非流动资产处置损失19,538,281.18134,467.8719,403,813.3114430.07%四、利润总额（亏损总额以“-”号填列）614,228,649.67268,976,714.97345,251,934.70128.36%减：所得税费用112,355,435.6457,683,519.6154,671,916.0394.78%五、净利润（净亏损以“-”号填列)501,873,214.03211,293,195.36290,580,018.67137.52%归属于母公司所有者的净利润498,229,266.88224,968,771.24273,260,495.64121.47%少数股东损益3,643,947.15-13,675,575.8817,319,523.03-126.65%六、每股收益：（一）基本每股收益1.010.460.55119.57%（二）稀释每股收益1.010.460.55119.57%七、其他综合收益-19,975,177.30-23,406,343.333,431,166.03-14.66%八、综合收益总额481,898,036.73187,886,852.03294,011,184.70156.48%归属于母公司所有者的综合收益总额479,459,650.81203,061,299.69276,398,351.12136.12%归属于少数股东的综合收益总额2,438,385.92-15,174,447.6617,612,833.58-116.07%财务比率分析2010年盈利能力相关指标：营业收入营业利润率=营业利润营业收入100%=（营业收入-营业成本）营业收入100%=（18,406,554,795.80- 17,941,752,470.53）18,406,554,795.80100%=2.525% 营业收入净利润率 =净利润营业收入100%=501,873,214.0318,406,554,795.80100%=2.7266% 总资产净利润率 =净利润总资产平均额100% =501,873,214.03【（10,343,098,287.26+5,913,755,521.31）2】100% =501,873,214.038,128,426,904.25100%=6.1743% 2009年盈利能力相关指标：营业收入营业利润率=营业利润营业收入100%=（营业收入-营业成本）营业收入100%=（13,407,101,432.47-13,202,397,074.87）13,407,101,432.47100%=1.5268%营业收入净利润率 =净利润营业收入100%= 211,293,195.3613,407,101,432.47100%=1.576%总资产净利润率 =净利润总资产平均额100% = 211,293,195.36【（5,913,755,521.31+6,272,947,460.162】100% =211,293,195.366,093,351,490.735100%=3.4676%表3 盈利能力财务比率及其变动 指标 年度2010年2009年变动量营业收入营业利润率2.525%1.5268%0.9982%营业收入净利润率2.7266%1.576%1.1506%总资产净利润率6.1743%3.4676%2.6797%2010年相关指标：总资产周转率=营业收入总资产平均额=18,406,554,795.80【（10,343,098,287.26+5,913,755,521.31）2】=18,406,554,795.808,128,426,904.25=2.2645应收账款周转率=营业收入应收账款平均额=18,406,554,795.80【（633,968,257.23+515,560,695.80）2】=18,406,554,795.80574,764,476.515=32.0245 固定资产周转率=营业收入固定资产平均额=18,406,554,795.80【（1,007,563,158.18+909,764,332.33）2】=18,406,554,795.80958,663,745.255=19.20022009年相关指标：总资产周转率=营业收入总资产平均额=13,407,101,432.47【（5,913,755,521.31+6,272,947,460.16）2】=13,407,101,432.476,093,351,490.7=2.2003应收账款周转率=营业收入应收账款平均额=13,407,101,432.47【749,152,787.79+515,560,695.80）2】=13,407,101,432.47632,356,741.795=21.2018固定资产周转率=营业收入固定资产平均额=13,407,101,432.47 【（840,916,396.28+909,764,332.33）2】=13,407,101,432.47875,340,364.305=15.3164表4 营运能力财务比率及其变动指标 年度2010年2009年变动量总资产周转率2.26452.20030.0622应收账款周转率32.024521.2018108227固定资产周转率19.200215.3164388382010年相关指标 流动比率=流动资产流动负债 =8,885,134,426.025,246,867,764.55 =1.6934 资产负债率=负债总额资产总额100% = 5,311,975,194.3410,34