【医药企业财务风险识别与防范：以S药业为例12000字（论文）】

2.1.1财务风险的概念2.1.2财务风险的分类2.1.3财务风险识别的方法2.1.4理论基础2.2.1财务风险识别的研究2.2.2财务风险防范的研究2015/12/312016/12/312017/12/312018/12/312019/12/31营业收入87670000009733000000105720000001018700000011072000000营业利润6019610012240100249000000-103000000521000000利润总额209000000188000000347000000-112000000507000000净利润应收账款10750000001278000000129300000014730000001690000000存货20170000002063000000204900000020150000001963000000流动资产合计69240000007221000000694400000060880000007684000000非流动资产合计1225000000013537000000146920000001576600000013781000000资产总计1917400000020758000000216360000002185400000021466000000流动负债合计65830000007346000000808100000095570000009929000000非流动负债合计44260000005373000000568000000049180000003854000000负债合计1100900000012719000000137610000001447500000013783000000所有者权益合计81650000008039000000787500000073790000007683000000财务费用191000000264000000310000000407000000513000000盈余公积335000000336000000344000000344000000367000000未分配利润19710000001809000000176500000012250000001295000000年总市值153040000001269700000014618000000810100000095680000003.2.1筹资风险识别20152016201720182019吸收投资收到的现金104.01010取得借款收到的现金53.6857.7773.2377.1365.43发行债券收到的现金7.9211.9000收到其他与筹资活动有关的现金2.230.4530.329.45筹资活动现金流入小计64.8370.1280.2477.4684.88偿还债务所支付的现金43.1253.6967.8876.8587.77分配股利、利润和偿付利息所支付的现金6.316.318.677.524.99支付的其他与筹资活动有关的现金0.77860.29972.451.550.8634筹资活动现金流出小计50.361.567984.6693.55筹资活动产生的现金流量净额14.538.561.23%-7.21%-8.67%2015.1.312016.1.312017.1.312018.1.312019.1.31资产（亿元）191.74207.58216.36218.54214.66负债（亿元）110.09127.19137.61144.75137.83资产负债率（%）57.4261.2763.6066.2464.21年份流动比率速动比率现金流量比率利息保障倍数产权比率权益乘数20151.050.5534.392.011.592.3520160.980.5736.631.681.882.5820170.860.4828.642.222.052.7520180.640.3719.820.712.342.9620190.770.5317.7722.22.79资料来源：海正药业年报整理得到3.2.2投资风险识别2015.12.312016.12.312017.12.312018.12.312019.12.31固定资产(亿元）58.3664.1667.9377.0383.65在建工程（亿元）46.95153.3249.3424.16无形资产（亿元）8.148.487.9710.477.53合计（亿元）113.4123.64129.22136.84115.3420152016201720182019总资产增长率10.85%8.27%4.24%0.97%-1.74%净资产收益率0.19%-1.38%0.20%-7.63%1.49%主营业务利润率27.40%27.0330.6540.8142.14成本费用利润率2.38%1.943.37-1.164.723.2.3营运风险识别2015.12.312016.12.312017.12.312018.12.312019.12.31应收账款周转率（次）5.888.278.237.377应收账款（亿元）10.7512.7812.9314.7316.9应收账款占流动资产比率15.53%17.70%18.62%24.20%21.99%年份2015年2016年2017年2018年2019年存货（亿元）20.1720.6320.4920.1519.63存货占总资产率（%）10.529.949.509.229.14存货周转率（次）3.433.453.522.923.173.2.4收益分配风险年份20152016201720182019净利润（亿元）0.1357-9.4430.1357-4.92470.9307扣除非经常损益后净利润（亿元）-1.3907-2.8334-1.414-6.1157-2