財(cái)務(wù)報(bào)表分析,資產(chǎn)負(fù)債表

會(huì)計(jì)學(xué)1財(cái)務(wù)報(bào)表分析,資產(chǎn)負(fù)債表公司簡(jiǎn)介中糧屯河股份有限公司（中糧屯河，COFCOTunhe，股票代碼600737）是世界500強(qiáng)企業(yè)中糧集團(tuán)有限公司控股的A股上市公司。中糧屯河是我國(guó)領(lǐng)先的果蔬食品生產(chǎn)供應(yīng)商，擁有番茄、食糖兩大產(chǎn)業(yè)，是領(lǐng)先的番茄制品生產(chǎn)企業(yè)，國(guó)內(nèi)最大的食糖生產(chǎn)和貿(mào)易企業(yè)，主營(yíng)番茄加工、食糖加工貿(mào)易、果蔬罐頭貿(mào)易、種業(yè)和品牌產(chǎn)品業(yè)務(wù)，致力于成為果蔬食品行業(yè)的領(lǐng)導(dǎo)者和品質(zhì)一流的食品企業(yè)。公司經(jīng)營(yíng)范圍是：番茄加工、番茄制品的制造銷售以及其他農(nóng)副產(chǎn)品（除糧、棉）的加工、銷售；飲料的生產(chǎn)、銷售；食用油、水果、蔬菜的加工和銷售；白砂糖、酒精、顆粒粕的制造銷售；蒸汽的生產(chǎn)、銷售；糖蜜、菜絲的銷售（限所屬分支機(jī)構(gòu)經(jīng)營(yíng)）；農(nóng)藥的銷售（許可證為準(zhǔn)）；汽車貨運(yùn)；蜜餞、炒貨食品及堅(jiān)果制品（烘炒類）、水果制品（水果干制品）的加工、銷售（限所屬分支機(jī)構(gòu)經(jīng)營(yíng)）。一般經(jīng)營(yíng)項(xiàng)目：水泥及其制品、活性石灰、本企業(yè)產(chǎn)品及一般貨物與技術(shù)的進(jìn)口經(jīng)營(yíng)；經(jīng)紀(jì)信息服務(wù)；廢渣、廢舊物資的銷售；房屋、土地、設(shè)備的租賃；化肥、農(nóng)膜銷售；農(nóng)產(chǎn)品的開發(fā)、種植、銷售；鋼桶、噸箱、托盤、無菌袋、不再分裝的包裝種子的銷售；農(nóng)機(jī)作業(yè)服務(wù)、農(nóng)機(jī)租賃。機(jī)械設(shè)備零部件、鋼材、馬口鐵罐、番茄醬生產(chǎn)設(shè)備、糖的生產(chǎn)設(shè)備、酒精生產(chǎn)設(shè)備、顆粒粕生產(chǎn)設(shè)備、農(nóng)機(jī)和環(huán)保設(shè)備的銷售。貨物運(yùn)輸代理服務(wù)、裝卸搬運(yùn)服務(wù)、鑒證咨詢服務(wù)和代理服務(wù)（包括代購(gòu)代銷貨物、代辦進(jìn)出口、介紹服務(wù)和其他代理服務(wù)）經(jīng)營(yíng)方式：生產(chǎn)、批發(fā)、零售、投資、租賃、咨詢服務(wù)。新疆財(cái)經(jīng)大學(xué)商務(wù)學(xué)院11級(jí)會(huì)計(jì)13班第一組第1頁/共17頁新疆財(cái)經(jīng)大學(xué)商務(wù)學(xué)院11級(jí)會(huì)計(jì)13班第一組第2頁/共17頁新疆財(cái)經(jīng)大學(xué)商務(wù)學(xué)院11級(jí)會(huì)計(jì)13班第一組第3頁/共17頁5項(xiàng)目年末數(shù)年初數(shù)變動(dòng)額變動(dòng)率%對(duì)總資產(chǎn)的影響%流動(dòng)資產(chǎn)：貨幣資金2,503,138,568.262,902,186,648.20-399048079.9-13.74991096-2.107577883交易性金融資產(chǎn)應(yīng)收票據(jù)應(yīng)收賬款491,848.18256,005,972.45-255514124.3-99.80787629-1.349501336預(yù)付款項(xiàng)11,056,928.0011,056,928.00000應(yīng)收利息應(yīng)收股利其他應(yīng)收款13,662,857,677.037,135,195,511.14652766216691.4854001634.47593687存貨657,074,970.30934,225,120.92-277150150.6-29.66631323-1.463772305一年內(nèi)到期的非流動(dòng)資產(chǎn)其他流動(dòng)資產(chǎn)流動(dòng)資產(chǎn)合計(jì)16,834,619,991.7711,238,670,180.71559594981149.791921329.55508534非流動(dòng)資產(chǎn)：可供出售金融資產(chǎn)803,477,786.08767,744,553.0635733233.024.6543128020.188725558持有至到期投資長(zhǎng)期應(yīng)收款652,601.25746,487.10-93885.85-12.57702243-0.000495859長(zhǎng)期股權(quán)投資長(zhǎng)期股權(quán)投資6,697,167,119.356,081,410,936.93615756182.410.125219113.252124686投資性房地產(chǎn)402,831,544.63450,350,326.63-47518782-10.55151494-0.250971096固定資產(chǎn)347,628,844.27365,053,273.22-17424428.95-4.773119495-0.092027359在建工程58,293,289.39266,002.7558027286.6421814.543890.306471907工程物資固定資產(chǎn)清理生產(chǎn)性生物資產(chǎn)油氣資產(chǎn)無形資產(chǎn)56,162,821.4728,080,699.4828082121.99100.00506580.148316111開發(fā)支出商譽(yù)長(zhǎng)期待攤費(fèi)用1,643,544.74-1643544.74-100-0.008680404遞延所得稅資產(chǎn)其他非流動(dòng)資產(chǎn)非流動(dòng)資產(chǎn)合計(jì)8,366,214,006.447,695,295,823.91670918182.58.718549593.543463543資產(chǎn)總計(jì)25,200,833,998.2118,933,966,004.62626686799433.0985488833.098548882013年資產(chǎn)負(fù)債表水平分析第4頁/共17頁6流動(dòng)負(fù)債：短期借款8,146,000,000.004,050,000,000.004096000000101.135802521.63307993交易性金融負(fù)債應(yīng)付票據(jù)應(yīng)付賬款192,429,975.79377,982,829.96-185552854.2-49.09028651-0.979999933預(yù)收款項(xiàng)829,683,942.00445,583,251.0038410069186.201779382.028633044應(yīng)付職工薪酬33,480,953.3643,223,535.49-9742582.13-22.53999359-0.051455581應(yīng)交稅費(fèi)246,050,401.52245,773,919.01276482.510.112494650.001460246應(yīng)付利息64,516,887.79149,846,296.60-85329408.81-56.94462309-0.450668438應(yīng)付股利1,547,569.471,547,569.47000其他應(yīng)付款5,079,931,043.753,958,770,765.38112116027828.320919425.92142332一年內(nèi)到期的非流動(dòng)負(fù)債834,000,000.00793,134,318.00408656825.1524289230.215832658其他流動(dòng)負(fù)債流動(dòng)負(fù)債合計(jì)15,427,640,773.6810,065,862,484.91536177828953.266953528.31830525非流動(dòng)負(fù)債：長(zhǎng)期借款2,931,900,000.002,903,500,000.00284000000.9781298430.149994988應(yīng)付債券1,191,483,087.881,189,947,059.521536028.360.1290837560.008112555長(zhǎng)期應(yīng)付款324,438.221,930,621.31-1606183.09-83.19513939-0.008483078專項(xiàng)應(yīng)付款預(yù)計(jì)負(fù)債遞延所得稅負(fù)債181,160,471.17168,194,846.8912965624.287.7086929350.068478122其他非流動(dòng)負(fù)債949,474.261,062,252.06-112777.8-10.61685868-0.000595637非流動(dòng)負(fù)債合計(jì)4,305,817,471.534,264,634,779.7841182691.750.9656792170.217506949負(fù)債合計(jì)19,733,458,245.2114,330,497,264.69540296098137.7025366328.5358122股東權(quán)益：股本1,813,731,596.001,813,731,596.00000資本公積851,932,110.09813,035,237.2238896872.874.7841558510.205434365減：庫(kù)存股專項(xiàng)儲(chǔ)備盈余公積411,921,457.27323,979,248.4687942208.8127.144395580.464467977一般風(fēng)險(xiǎn)準(zhǔn)備未分配利潤(rùn)2,389,790,589.641,652,722,658.25737067931.444.597194073.892834344股東權(quán)益合計(jì)5,467,375,753.004,603,468,739.93863907013.118.766435964.562736686負(fù)債和股東權(quán)益總計(jì)25,200,833,998.2118,933,966,004.62626686799433.0985488833.098548882013年資產(chǎn)負(fù)債表水平分析第5頁/共17頁從資產(chǎn)方面看：（1）流動(dòng)資產(chǎn)本期增加5595949811元，增長(zhǎng)幅度為49.792%，使總資產(chǎn)規(guī)模增長(zhǎng)了29.555%。非流動(dòng)資產(chǎn)本期增加了670918182.5元，增長(zhǎng)幅度幅度為8.719%，使總資產(chǎn)規(guī)模增加了3.543%。兩者合計(jì)使總資產(chǎn)增加了6266867994元，增長(zhǎng)幅度為33.099%。（2）本期總資產(chǎn)的增加主要是因?yàn)榱鲃?dòng)資產(chǎn)的增長(zhǎng)。僅從這一變化來看，該公司資產(chǎn)的流動(dòng)性有所增強(qiáng)。其增長(zhǎng)主要是因?yàn)槠渌麘?yīng)收款的大幅增加，變動(dòng)額為6527662166元，增長(zhǎng)率為91.485%，對(duì)總資產(chǎn)的影響是34.476%。其他應(yīng)收款的大幅增長(zhǎng)說明企業(yè)可能有通過其他應(yīng)收款操縱利潤(rùn)的嫌疑。（3）本期非流動(dòng)資產(chǎn)的增加主要是因?yàn)樵诮üこ淘黾?8027286.64元，增長(zhǎng)率為21814.544%。無形資產(chǎn)增加28082121.99元，增長(zhǎng)率為100.005%。7從權(quán)益方面看：（1）流動(dòng)負(fù)債本期增加5361778289元，增長(zhǎng)率為53.267%，對(duì)總資產(chǎn)的影響為28.318%。非流動(dòng)負(fù)債本期增加41182691.75元，增長(zhǎng)率為0.966%，對(duì)總資產(chǎn)的影響為0.218%。兩者合計(jì)使總負(fù)債本期增加5402960981元，增長(zhǎng)率為37.703%。（2）本期總負(fù)債的增加是因?yàn)榱鲃?dòng)負(fù)債的增長(zhǎng)。其增長(zhǎng)主要原因是因?yàn)槎唐诮杩畋酒谠黾?096000000元，增長(zhǎng)率為101.136%。預(yù)收賬款增加384100691元，增長(zhǎng)率為86.202%。企業(yè)通過舉借短期借款來滿足其資金的需要，相對(duì)于長(zhǎng)期借款，短期借款的利息支出要相對(duì)較低。并且，短期借款可以增加企業(yè)的資金彈性，有利于企業(yè)對(duì)資金存量進(jìn)行調(diào)整。（3）本期股東權(quán)益增加863907013.1元，增長(zhǎng)率18.766%，對(duì)資產(chǎn)的影響4.563%。其增長(zhǎng)的主要原因是盈余公積與未分配利潤(rùn)的增長(zhǎng)。這說明企業(yè)內(nèi)部所有者權(quán)益的增長(zhǎng)，意味著企業(yè)擁有充裕的自有資金和良好的償債能力，代表企業(yè)內(nèi)涵式擴(kuò)大再生產(chǎn)能力。從中糧屯河股份有限公司2013年資產(chǎn)負(fù)債表水平分析表中可以看出：該公司本期總資產(chǎn)增加6266867994元，增長(zhǎng)率為33.099%，說明中糧屯河本年資產(chǎn)規(guī)模大幅增長(zhǎng)。第6頁/共17頁8項(xiàng)目年末數(shù)年初數(shù)年末百分比%年初百分比%變動(dòng)情況%流動(dòng)資產(chǎn)：貨幣資金2,503,138,568.262,902,186,648.209.9327608315.32793841-5.395177582交易性金融資產(chǎn)應(yīng)收票據(jù)應(yīng)收賬款491,848.18256,005,972.450.0019517141.352099039-1.350147325預(yù)付款項(xiàng)11,056,928.0011,056,928.000.0438752460.058397316-0.01452207應(yīng)收利息應(yīng)收股利其他應(yīng)收款13,662,857,677.037,135,195,511.1454.2158949137.6846325216.53126239存貨657,074,970.30934,225,120.922.6073540684.934122733-2.326768666一年內(nèi)到期的非流動(dòng)資產(chǎn)其他流動(dòng)資產(chǎn)流動(dòng)資產(chǎn)合計(jì)16,834,619,991.7711,238,670,180.7166.8018367759.357190037.444646743非流動(dòng)資產(chǎn)：可供出售金融資產(chǎn)803,477,786.08767,744,553.063.1882983964.054853341-0.866554945持有至到期投資長(zhǎng)期應(yīng)收款652,601.25746,487.100.0025896020.003942582-0.00135298長(zhǎng)期股權(quán)投資長(zhǎng)期股權(quán)投資6,697,167,119.356,081,410,936.9326.5751804932.11905491-5.543874419投資性房地產(chǎn)402,831,544.63450,350,326.631.5984849732.3785314-0.780046426固定資產(chǎn)347,628,844.27365,053,273.221.3794338881.928033847-0.548599959在建工程58,293,289.39266,002.750.2313149220.0014048970.229910024工程物資固定資產(chǎn)清理生產(chǎn)性生物資產(chǎn)油氣資產(chǎn)無形資產(chǎn)56,162,821.4728,080,699.480.2228609640.1483085980.074552366開發(fā)支出商譽(yù)長(zhǎng)期待攤費(fèi)用1,643,544.7400.008680404-0.008680404遞延所得稅資產(chǎn)其他非流動(dòng)資產(chǎn)非流動(dòng)資產(chǎn)合計(jì)8,366,214,006.447,695,295,823.9133.1981632340.64280997-7.444646743資產(chǎn)總計(jì)25,200,833,998.2118,933,966,004.6210010002013年資產(chǎn)負(fù)債表垂直分析第7頁/共17頁9流動(dòng)負(fù)債：短期借款8,146,000,000.004,050,000,000.0032.3243270521.390130310.93419674交易性金融負(fù)債應(yīng)付票據(jù)應(yīng)付賬款192,429,975.79377,982,829.960.7635857441.996321478-1.232735734預(yù)收款項(xiàng)829,683,942.00445,583,251.003.2922876362.3533540250.938933612應(yīng)付職工薪酬33,480,953.3643,223,535.490.1328565290.228285693-0.095429164應(yīng)交稅費(fèi)246,050,401.52245,773,919.010.9763581691.298058309-0.32170014應(yīng)付利息64,516,887.79149,846,296.600.2560109230.791415262-0.535404338應(yīng)付股利1,547,569.471,547,569.470.0061409450.008173509-0.002032564其他應(yīng)付款5,079,931,043.753,958,770,765.3820.157789420.90830186-0.750512458一年內(nèi)到期的非流動(dòng)負(fù)債834,000,000.00793,134,318.003.3094142844.188949731-0.879535447其他流動(dòng)負(fù)債流動(dòng)負(fù)債合計(jì)15,427,640,773.6810,065,862,484.9161.2187706853.162990178.05578051非流動(dòng)負(fù)債：長(zhǎng)期借款2,931,900,000.002,903,500,000.0011.6341387815.3348749-3.700736122應(yīng)付債券1,191,483,087.881,189,947,059.524.7279510196.284721644-1.556770625長(zhǎng)期應(yīng)付款324,438.221,930,621.310.0012874110.010196603-0.008909192專項(xiàng)應(yīng)付款預(yù)計(jì)負(fù)債遞延所得稅負(fù)債181,160,471.17168,194,846.890.7188669680.888323381-0.169456413其他非流動(dòng)負(fù)債949,474.261,062,252.060.003767630.005610299-0.001842668非流動(dòng)負(fù)債合計(jì)4,305,817,471.534,264,634,779.7817.086011822.52372682-5.43771502負(fù)債合計(jì)19,733,458,245.2114,330,497,264.6978.3047824875.686716992.61806549股東權(quán)益：股本1,813,731,596.001,813,731,596.007.1971094149.579248191-2.382138777資本公積851,932,110.09813,035,237.223.3805710964.294056708-0.913485612減：庫(kù)存股專項(xiàng)儲(chǔ)備盈余公積411,921,457.27323,979,248.461.6345548621.711100825-0.076545963一般風(fēng)險(xiǎn)準(zhǔn)備未分配利潤(rùn)2,389,790,589.641,652,722,658.259.482982158.7288772880.754104862股東權(quán)益合計(jì)5,467,375,753.004,603,468,739.9321.6952175224.31328301-2.61806549負(fù)債和股東權(quán)益總計(jì)25,200,833,998.2118,933,966,004.6210010002013年資產(chǎn)負(fù)債表垂直分析第8頁/共17頁10（2）從權(quán)益結(jié)構(gòu)方面看，流動(dòng)負(fù)債比重上升了8.056%，短期借款比重上升10.934%，流動(dòng)負(fù)債比重上升主要是由于短期借款增加引起的。企業(yè)通過短期借款舉債所發(fā)生的負(fù)債成本相對(duì)于其他籌資方式較低，但債務(wù)的償還期限也相對(duì)較短，這可能會(huì)使企業(yè)所承擔(dān)的風(fēng)險(xiǎn)提高。企業(yè)股東權(quán)益比重的變動(dòng)幅度是-2.618%。從中糧屯河股份有限公司2013年資產(chǎn)負(fù)債表水垂直分析表中分析可得：（1）從企業(yè)資產(chǎn)結(jié)構(gòu)方面看，本期和上期變化并不大，應(yīng)該認(rèn)為其是比較穩(wěn)定的。但從表中我們可以看出，流動(dòng)資產(chǎn)的比重變化幅度為7.445%，而非流動(dòng)資產(chǎn)比重的變化幅度則是-7.445%。說明企業(yè)采取了保守的固流結(jié)構(gòu)政策，由于增加了流動(dòng)資產(chǎn)，企業(yè)資產(chǎn)的流動(dòng)性提高，資產(chǎn)風(fēng)險(xiǎn)會(huì)因此降低，但可能導(dǎo)致盈利水平下降。其中流動(dòng)資產(chǎn)的比重變化主要體現(xiàn)在其他應(yīng)收款的大幅度增長(zhǎng)，其比重變化幅度為16.531%。第9頁/共17頁11項(xiàng)目期末余額年初余額變動(dòng)額變動(dòng)率(%)對(duì)總資產(chǎn)的影響（%）流動(dòng)資產(chǎn)：貨幣資金1,801,344,095.81568,717,624.011,232,626,471.8216.7411.54交易性金融資產(chǎn)1,422,800.006,016,600.00-4,593,800.00-76.35-0.04應(yīng)收票據(jù)137,936,472.1495,771,558.5042,164,913.6444.030.39應(yīng)收賬款255,542,749.40191,276,758.5964,265,990.8133.60.6預(yù)付款項(xiàng)54,244,344.9940,336,819.4313,907,525.5634.480.13應(yīng)收利息應(yīng)收股利其他應(yīng)收款2,875,241,604.333,153,186,025.23-277,944,420.90-8.82-2.6存貨659,928,153.67799,696,693.31-139,768,539.64-17.48-1.31一年內(nèi)到期的非流動(dòng)資產(chǎn)其他流動(dòng)資產(chǎn)502,861,389.42679,540,765.92-176,679,376.50-26-1.65流動(dòng)資產(chǎn)合計(jì)6,288,521,609.765,534,542,844.99753,978,764.7713.627.06非流動(dòng)資產(chǎn)：可供出售金融資產(chǎn)持有至到期投資長(zhǎng)期應(yīng)收款長(zhǎng)期股權(quán)投資3,670,796,840.843,709,631,330.86-38,834,490.02-1.05-0.36投資性房地產(chǎn)固定資產(chǎn)1,270,330,449.771,302,455,024.06-32,124,574.29-2.47-0.3在建工程145,299.14145,299.140.0000工程物資固定資產(chǎn)清理119,650.11119,650.1100.001生產(chǎn)性生物資產(chǎn)油氣資產(chǎn)無形資產(chǎn)136,655,914.70137,619,150.35-963,235.65-0.7-0.01開發(fā)支出商譽(yù)長(zhǎng)期待攤費(fèi)用1,158,858.231,384,997.30-226,139.07-16.33-0.002遞延所得稅資產(chǎn)其他非流動(dòng)資產(chǎn)非流動(dòng)資產(chǎn)合計(jì)5,079,207,012.795,151,235,801.71-72,028,788.92-1.4-0.67資產(chǎn)總計(jì)11,367,728,622.5510,685,778,646.70681,949,975.856.386.382014年第一季度資產(chǎn)負(fù)債表水平分析第10頁/共17頁12流動(dòng)負(fù)債：短期借款3,351,987,815.652,364,217,949.69987,769,865.9641.789.24交易性金融負(fù)債10,462,840.0010,462,840.0000.1應(yīng)付票據(jù)54,479,143.1813,313,345.4641,165,797.72309.210.39應(yīng)付賬款190,154,912.11113,404,182.8376,750,729.2867.680.72預(yù)收款項(xiàng)99,786,743.5691,727,230.518,059,513.058.790.08應(yīng)付職工薪酬22,230,829.0226,782,564.86-4,551,735.84-17-0.04應(yīng)交稅費(fèi)7,673,193.1710,252,331.93-2,579,138.76-25.16-0.02應(yīng)付利息2,903,365.612,071,500.82831,864.7940.160.01應(yīng)付股利其他應(yīng)付款150,870,109.61553,187,946.56-402,317,836.95-72.73-3.76一年內(nèi)到期的非流動(dòng)負(fù)債其他流動(dòng)負(fù)債流動(dòng)負(fù)債合計(jì)3,890,548,951.913,174,957,052.66715,591,899.2522.546.7非流動(dòng)負(fù)債：長(zhǎng)期借款應(yīng)付債券長(zhǎng)期應(yīng)付款專項(xiàng)應(yīng)付款預(yù)計(jì)負(fù)債20,640,655.5420,640,655.540.0000遞延所得稅負(fù)債其他非流動(dòng)負(fù)債29,794,385.8530,137,264.62-342,878.77-1.14-0.003非流動(dòng)負(fù)債合計(jì)50,435,041.3950,777,920.16-342,878.77-0.68-0.003負(fù)債合計(jì)3,940,983,993.303,225,734,972.82715,249,020.4822.176.69所有者權(quán)益（或股東權(quán)益）：實(shí)收資本（或股本）2,051,876,155.002,051,876,155.000.0000資本公積4,733,264,960.624,736,898,538.18-3,633,577.56-0.08-0.03減：庫(kù)存股專項(xiàng)儲(chǔ)備盈余公積129,619,905.33129,619,905.330.0000一般風(fēng)險(xiǎn)準(zhǔn)備未分配利潤(rùn)511,983,608.30541,649,075.37-29,665,467.07-5.48-0.28

所有者權(quán)益（或股東權(quán)益）合計(jì)7,426,744,629.257,460,043,673.88-33,299,044.63-0.45-0.31負(fù)債和所有者權(quán)益（或股東權(quán)益）總計(jì)11,367,728,622.5510,685,778,646.70681,949,975.856.386.382014年第一季度資產(chǎn)負(fù)債表水平分析第11頁/共17頁從資產(chǎn)方面看：

（1）流動(dòng)資產(chǎn)本期增加753,978,764.77元，增長(zhǎng)幅度為13.62%，使總資產(chǎn)規(guī)模增長(zhǎng)了7.06%。非流動(dòng)資產(chǎn)本期減少了-72,028,788.92元，減少幅度為-1.4%，使總資產(chǎn)規(guī)模減少了-0.67%。兩者合計(jì)使總資產(chǎn)增加了681,949,975.85元，增長(zhǎng)幅度為6.38%。（2）本期總資產(chǎn)的增加是因?yàn)榱鲃?dòng)資產(chǎn)的增長(zhǎng)。僅從這一變化來看，該公司資產(chǎn)的流動(dòng)性有所增強(qiáng)。其增長(zhǎng)主要是因?yàn)樨泿刨Y金的大幅增加，由期初的568,717,624.01元增長(zhǎng)為期末1,801,344,095.81元，變動(dòng)額為1,232,626,471.8元，增長(zhǎng)率為216.74%，對(duì)總資產(chǎn)的影響是11.54%。貨幣資金的增長(zhǎng)增強(qiáng)了資金的流動(dòng)性，提高了企業(yè)的償債能力，但卻使企業(yè)營(yíng)運(yùn)能力降低。13從權(quán)益方面看：（1）流動(dòng)負(fù)債本期增加715,591,899.25元，增長(zhǎng)率為22.54%，對(duì)總資產(chǎn)的影響為6.7%。非流動(dòng)負(fù)債本期減少-342,878.77元，增長(zhǎng)率為-0.68%，對(duì)總資產(chǎn)的影響為-0.003%。兩者合計(jì)使總負(fù)債本期增加715,249,020.48元，增長(zhǎng)率為22.17%。（2）本期總資產(chǎn)的增加是因?yàn)榱鲃?dòng)負(fù)債的增長(zhǎng)。其增長(zhǎng)主要是因?yàn)閼?yīng)付票據(jù)本期增加額41,165,797.72元，增長(zhǎng)率為309.21%。應(yīng)付賬款本期增加額76,750,729.28元，增長(zhǎng)率為67.68%。短期借款本期增加987,769,865.96元，增長(zhǎng)率為41.78%。這三項(xiàng)的增長(zhǎng)是造成貨幣資金大幅增長(zhǎng)的最主要的原因。應(yīng)付賬款及應(yīng)付票據(jù)是因商業(yè)信用產(chǎn)生的一種無資金成本或資金成本極低的資金來源，這使企業(yè)充分利用可減少其他籌資方式的籌資金額，節(jié)約利息支出。而短期借款增加了企業(yè)的資金彈性，有利于企業(yè)對(duì)資金存量進(jìn)行調(diào)整。另外，預(yù)收款項(xiàng)也對(duì)貨幣資金的大幅增加有著一定的影響。

從中糧屯河股份有限公司2014年第一季度資產(chǎn)負(fù)債表水平分析表中可以看出，該公司本期總資產(chǎn)增加681,949,975.85元，增長(zhǎng)率為6.38%，說明中糧屯河本年資產(chǎn)規(guī)模有所增長(zhǎng)。第12頁/共17頁14變動(dòng)情況（%）項(xiàng)目期末余額年初余額期初期末差異流動(dòng)資產(chǎn)：貨幣資金1,801,344,095.81568,717,624.015.3215.8510.53交易性金融資產(chǎn)1,422,800.006,016,600.000.060.01-0.05應(yīng)收票據(jù)137,936,472.1495,771,558.500.91.210.31應(yīng)收賬款255,542,749.40191,276,758.591.792.250.46預(yù)付款項(xiàng)54,244,344.9940,336,819.430.380.480.1應(yīng)收利息應(yīng)收股利其他應(yīng)收款2,875,241,604.333,153,186,025.2329.5125.29-4.22存貨659,928,153.67799,696,693.317.485.81-1.67一年內(nèi)到期的非流動(dòng)資產(chǎn)其他流動(dòng)資產(chǎn)502,861,389.42679,540,765.926.364.42-1.94流動(dòng)資產(chǎn)合計(jì)6,288,521,609.765,534,542,844.9951.7955.323.53非流動(dòng)資產(chǎn)：可供出售金融資產(chǎn)持有至到期投資長(zhǎng)期應(yīng)收款長(zhǎng)期股權(quán)投資3,670,796,840.843,709,631,330.8634.7232.29-2.43投資性房地產(chǎn)固定資產(chǎn)1,270,330,449.771,302,455,024.0612.1911.17-1.02在建工程145,299.14145,299.140.0010.0010工程物資固定資產(chǎn)清理119,650.1100.0010.001生產(chǎn)性生物資產(chǎn)油氣資產(chǎn)無形資產(chǎn)136,655,914.70137,619,150.351.291.2-0.09開發(fā)支出商譽(yù)長(zhǎng)期待攤費(fèi)用1,158,858.231,384,997.300.010.010遞延所得稅資產(chǎn)其他非流動(dòng)資產(chǎn)非流動(dòng)資產(chǎn)合計(jì)5,079,207,012.795,151,235,801.7148.2144.68-3.53資產(chǎn)總計(jì)11,367,728,622.5510,685,778,646.7010010002014年第一季度資產(chǎn)負(fù)債表垂直分析第13頁/共17頁15流動(dòng)負(fù)債：短期借款3,351,987,815.652,364,217,949.6922.1229.497.366874交易性金融負(fù)債10,462,840.0000.090.09應(yīng)付票據(jù)54,479,143.1813,313,345.460.120.480.36應(yīng)付賬款190,154,912.11113,404,182.831.061.670.61預(yù)收款項(xiàng)99,786,743.5691,727,230.510.860.880.02應(yīng)付職工薪酬22,230,829.0226,782,564.860.25