財務(wù)報表分析案例

中國建筑財務(wù)報表分析摘要：本案例著重分析了中國建筑財務(wù)報表。在對三大報表數(shù)據(jù)及其變動進行整理與分析之后，又針對其所在行業(yè)進行了相關(guān)財務(wù)指標(biāo)和比率分析，意在對該股票做出判斷和決議。關(guān)鍵詞：財務(wù)報表分析、財務(wù)指標(biāo)分析、股票決議1企業(yè)背景介紹中國建筑股份有限企業(yè)（股票簡稱：中國建筑，股票代碼601668）是由國務(wù)院國有資產(chǎn)監(jiān)督管理委員會為實際控制人大盤藍籌股，由中國建筑工程總企業(yè)、中國石油天然氣集團企業(yè)、寶鋼集團有限企業(yè)、中國中化集團企業(yè)等4家世界500強企業(yè)共同發(fā)起，于12月10日正式創(chuàng)建，并于7月29日在上海證券交易所成功上市。主營業(yè)務(wù)包含房屋建筑工程、國際工程承包、房地產(chǎn)開發(fā)與投資、基礎(chǔ)設(shè)施建設(shè)與投資以及設(shè)計勘察五大領(lǐng)域。中國建筑是中國最大建筑房地產(chǎn)綜合企業(yè)集團，中國最大房屋建筑承包商，長久位居中國國際工程承包業(yè)務(wù)首位，是發(fā)展中國家和地域最大跨國建筑企業(yè)以及全球最大住宅工程建造商。中國建筑以承建“高、大、精、尖、新”工程著稱于世，承建了大量中國及其余國家或地域地標(biāo)性建筑，“中國建筑，服務(wù)跨越五洲；過程精品，質(zhì)量重于泰山”經(jīng)營理念和品牌形象贏得國內(nèi)外社會廣泛認(rèn)可。國建筑是中國專業(yè)化經(jīng)營歷史最久、市場化經(jīng)營最早、一體化程度最高建筑房地產(chǎn)企業(yè)集團之一，截至5月，中建股份及所屬子企業(yè)現(xiàn)擁有各類施工、勘察、設(shè)計、工程監(jiān)理、工程造價、工程咨詢等經(jīng)營資質(zhì)共計770個，其中：具備房屋建筑工程施工總承包特級資質(zhì)16個、公路工程施工總承包特級1個、市政公用工程施工總承包特級1個，施工資質(zhì)629個，工程勘察設(shè)計資質(zhì)115個。中國建筑股份有限企業(yè)具備房屋建筑、公路工程、市政公用總承包3個特級資質(zhì)，是國內(nèi)唯一一家同時擁有“三特”資質(zhì)、“1+4”資質(zhì)和建筑行業(yè)工程設(shè)計甲級資質(zhì)建筑企業(yè)，在資質(zhì)方面位列全國建筑行業(yè)之首。，企業(yè)主營業(yè)務(wù)占比情況如表1：表1企業(yè)主營業(yè)務(wù)占比情況單位：億元主營收入主營收入占比產(chǎn)品：基建建設(shè)3,673.6385.08%基建設(shè)計159.363.69%疏浚工程261.636.06%裝備制造201.24.66%其余業(yè)務(wù)21.970.51%共計4,317.79100.00%，企業(yè)營業(yè)總收入為4,317.79億元，其中基建建設(shè)占比最大，達85%，是主營業(yè)務(wù)。2三大報表分析2.1資產(chǎn)負(fù)債表分析資產(chǎn)負(fù)債表組成份析表2資產(chǎn)負(fù)債表組成項目金額占總資產(chǎn)比重貨幣資金100,201,668,027.0013.78%結(jié)算備付金211,327,2500.03%拆出資金0.00%以公允價值計量且其變動計入當(dāng)期損益金融資產(chǎn)0.00%應(yīng)收票據(jù)2,268,656,870.000.31%應(yīng)收賬款71,088,208,416.009.78%預(yù)付款項21,891,428,700.003.01%應(yīng)收保費應(yīng)收分保賬款應(yīng)收分保協(xié)議準(zhǔn)備金應(yīng)收利息43,057,073.000.01%應(yīng)收股利164,168,368.000.02%其余應(yīng)收款38,065,160,151.005.24%買入返售金融資產(chǎn)存貨138,818,884,389.0019.09%劃分為持有代售資產(chǎn)一年內(nèi)到期非流動資產(chǎn)29,485,080,904.004.06%其余流動資產(chǎn)2,964,145,4050.41%流動資產(chǎn)共計405,201,785,554.0055.73%發(fā)放貸款及墊款可供出售金融資產(chǎn)21,046,789,8632.89%持有至到期投資580,976,7880.08%長久應(yīng)收款79,502,813,075.0010.93%長久股權(quán)投資10,460,521,9951.44%投資性房地產(chǎn)1,157,931,2490.16%固定資產(chǎn)54,572,924,809.007.51%在建工程12,556,963,4031.73%工程物資0.00%固定資產(chǎn)清理3,412,5010.00%生產(chǎn)性生物資產(chǎn)油氣資產(chǎn)無形資產(chǎn)131,587,506,64418.10%開發(fā)支出3,003,5340.00%商譽4,937,199,7100.68%長久待攤費用327,297,7460.05%遞延所得稅資產(chǎn)3,423,113,376.000.47%其余非流動資產(chǎn)1,700,098,5460.23%非流動資產(chǎn)共計321,860,553,240.0044.27%資產(chǎn)總計727,062,338,793.00100.00%項目金額占總負(fù)債比重短期借款77,982,963,145.0010.73%向中央銀行借款吸收存款及同業(yè)存放拆入資金以公允價值計量且其變動計入當(dāng)期損益金融負(fù)債47,693,732.000.01%應(yīng)付票據(jù)11,716,827,183.001.61%應(yīng)付賬款136,375,965,517.0018.76%預(yù)收款項85,962,740,045.0011.82%賣出回購金融資產(chǎn)款應(yīng)付手續(xù)費及傭金應(yīng)付職員薪酬1,696,576,611.000.23%應(yīng)交稅費10,175,162,109.001.40%應(yīng)付利息899,021,510.000.12%應(yīng)付股利113,311,814.000.02%其余應(yīng)付款20,540,744,467.002.83%應(yīng)付分保賬款保險協(xié)議準(zhǔn)備金代理買賣證券款代理承銷證券款劃分為持有代售負(fù)債一年內(nèi)到期非流動負(fù)債21,541,245,424.002.96%其余流動負(fù)債3,040,486,971.000.42%流動負(fù)債共計370,092,738,529.0050.90%長久借款141,581,570,230.0019.47%應(yīng)付債券32,045,410,376.004.41%長久應(yīng)付款8,699,498,371.001.20%長久應(yīng)付職員薪酬1,843,603,726.000.25%專題應(yīng)付款146,271,836.000.02%預(yù)計負(fù)債440,725,915.000.06%遞延收益6,503,332,686.000.89%遞延所得稅負(fù)債5,148,755,895.000.71%其余非流動負(fù)債2,387,556,736.000.33%非流動負(fù)債共計198,796,725,771.0027.34%負(fù)債共計568,889,464,300.0078.24%實收資本（或股本）16,174,735,425.002.22%其余權(quán)益工具13,942,183,077.001.92%資本公積24,020,037,183.003.30%減：庫存股其余綜合收益10,251,682,928.001.41%專題貯備1,873,227,816.000.26%盈余公積3,461,015,619.000.48%通常風(fēng)險準(zhǔn)備107,788,349.000.01%未分配利潤65,041,395,576.008.95%歸屬于母企業(yè)全部者權(quán)益共計134,872,065,973.0018.55%少數(shù)股東權(quán)益23,300,808,521.003.20%全部者權(quán)益共計158,172,874,493.0021.76%負(fù)債和全部者權(quán)益總計727,062,338,793.00100.00%在資產(chǎn)負(fù)債表主要資產(chǎn)項目中，流動資產(chǎn)與非流動資產(chǎn)比重大約為1.26:1，即流動資產(chǎn)占總資產(chǎn)比率為55.7%左右。通常來說，這一比率越高，企業(yè)使用流動資產(chǎn)償還債務(wù)能力越強，企業(yè)風(fēng)險越小。對于中國建筑來說，這一比率偏低，說明其資產(chǎn)流動性相對通常，但也不差。在各項資產(chǎn)中，除存貨外，應(yīng)收類資產(chǎn)所占比重也較大。企業(yè)放寬信用政策有利于吸引客戶，增加銷售收入，不過過分信用政策則會占用企業(yè)過多流動資金，影響企業(yè)經(jīng)營能力。在非流動資產(chǎn)中，固定資產(chǎn)、無形資產(chǎn)占據(jù)較大比重，這與企業(yè)在基礎(chǔ)設(shè)施建設(shè)上投入加大關(guān)于。在全部負(fù)債中，流動負(fù)債占比重為65%左右。其中短期借款、應(yīng)付賬款、預(yù)收賬款這三類流動負(fù)債占總資產(chǎn)41%以上。而在非流動負(fù)債中，長久借款所占比重較大，這將會給企業(yè)債務(wù)償還能力造成一定影響。在對資產(chǎn)負(fù)債表中各項資產(chǎn)和負(fù)債組成進行總體分析后，能夠大致了解中建資產(chǎn)負(fù)債結(jié)構(gòu)，為下一步分析提供了方向。比如，應(yīng)收票據(jù)和應(yīng)收賬款、長久借款、應(yīng)付票據(jù)和應(yīng)付賬款等這幾項，需要在深入分析時著重考慮。水平分析表3資產(chǎn)負(fù)債表水平分析項目同比增減率貨幣資金100,201,668,027.0078,039,806,80928.40%結(jié)算備付金211,327,250197,223,0287.15%拆出資金以公允價值計量且其變動計入當(dāng)期損益金融資產(chǎn)應(yīng)收票據(jù)2,268,656,870.002,772,093,781-18.16%應(yīng)收賬款71,088,208,416.0059,953,717,59718.57%預(yù)付款項21,891,428,700.0016,319,644,76134.14%應(yīng)收保費應(yīng)收分保賬款應(yīng)收分保協(xié)議準(zhǔn)備金應(yīng)收利息43,057,073.0078,957,192-45.47%應(yīng)收股利164,168,368.00105,156,71256.12%其余應(yīng)收款38,065,160,151.0042,036,789,415-9.45%買入返售金融資產(chǎn)存貨138,818,884,389.00119,015,846,34116.64%劃分為持有代售資產(chǎn)一年內(nèi)到期非流動資產(chǎn)29,485,080,904.0028,558,006,3783.25%其余流動資產(chǎn)2,964,145,4057,532,160,855-60.65%流動資產(chǎn)共計405,201,785,554.00354,609,402,86914.27%發(fā)放貸款及墊款可供出售金融資產(chǎn)21,046,789,86322,205,110,171-5.22%持有至到期投資580,976,788327,968,84977.14%長久應(yīng)收款79,502,813,075.0074,624,967,9996.54%長久股權(quán)投資10,460,521,99510,086,165,7753.71%投資性房地產(chǎn)1,157,931,2491,205,651,272-3.96%固定資產(chǎn)54,572,924,809.0051,676,922,7445.60%在建工程12,556,963,40311,386,925,72410.28%工程物資固定資產(chǎn)清理3,412,501生產(chǎn)性生物資產(chǎn)油氣資產(chǎn)無形資產(chǎn)131,587,506,64497,967,567,17534.32%開發(fā)支出3,003,5344,147,006-27.57%商譽4,937,199,7101,537,119,298221.20%長久待攤費用327,297,746262,272,45424.79%遞延所得稅資產(chǎn)3,423,113,376.002,881,475,75418.80%其余非流動資產(chǎn)1,700,098,5461,612,191,4335.45%非流動資產(chǎn)共計321,860,553,240.00275,778,485,65416.71%資產(chǎn)總計727,062,338,793.00630,387,888,52315.34%項目金額短期借款77,982,963,145.0068,124,750,26514.47%向中央銀行借款吸收存款及同業(yè)存放拆入資金以公允價值計量且其變動計入當(dāng)期損益金融負(fù)債47,693,732.0048,399,487-1.46%應(yīng)付票據(jù)11,716,827,183.0014,167,497,153-17.30%應(yīng)付賬款136,375,965,517.00128,706,365,2695.96%預(yù)收款項85,962,740,045.0070,304,481,03122.27%賣出回購金融資產(chǎn)款應(yīng)付手續(xù)費及傭金應(yīng)付職員薪酬1,696,576,611.001,381,483,43822.81%應(yīng)交稅費10,175,162,109.0011,411,263,177-10.83%應(yīng)付利息899,021,510.002,047,043,756-56.08%應(yīng)付股利113,311,814.00139,680,198-18.88%其余應(yīng)付款20,540,744,467.0018,303,360,58212.22%應(yīng)付分保賬款保險協(xié)議準(zhǔn)備金代理買賣證券款代理承銷證券款劃分為持有代售負(fù)債一年內(nèi)到期非流動負(fù)債21,541,245,424.0014,395,706,98449.64%其余流動負(fù)債3,040,486,971.009,025,978,406-66.31%流動負(fù)債共計370,092,738,529.00338,056,009,7469.48%長久借款141,581,570,230.00101,848,580,03739.01%應(yīng)付債券32,045,410,376.0033,834,953,224-5.29%長久應(yīng)付款8,699,498,371.009,066,033,916-4.04%長久應(yīng)付職員薪酬1,843,603,726.001,949,070,000-5.41%專題應(yīng)付款146,271,836.00146,255,2980.01%預(yù)計負(fù)債440,725,915.00586,408,769-24.84%遞延收益6,503,332,686.004,617,680,89540.84%遞延所得稅負(fù)債5,148,755,895.005,690,543,588-9.52%其余非流動負(fù)債2,387,556,736.002,395,816,339-0.34%非流動負(fù)債共計198,796,725,771.00160,135,342,06624.14%負(fù)債共計568,889,464,300.00498,191,351,81214.19%實收資本（或股本）16,174,735,425.0016,174,735,425其余權(quán)益工具13,942,183,077.004,985,550,000179.65%資本公積24,020,037,183.0021,064,901,75214.03%減：庫存股其余綜合收益10,251,682,928.0012,056,795,560-14.97%專題貯備1,873,227,816.001,450,222,94629.17%盈余公積3,461,015,619.003,461,015,6180.00%通常風(fēng)險準(zhǔn)備107,788,349.00107,788,349未分配利潤65,041,395,576.0057,775,070,19412.58%歸屬于母企業(yè)全部者權(quán)益共計134,872,065,973.00117,076,079,84415.20%少數(shù)股東權(quán)益23,300,808,521.0015,120,456,86754.10%全部者權(quán)益共計158,172,874,493.00132,196,536,71119.65%負(fù)債和全部者權(quán)益總計727,062,338,793.00630,387,888,52315.34%資產(chǎn)負(fù)債表水平分析主要衡量是當(dāng)期報表中各項目較于上期變動情況。上表所表示是當(dāng)期變動較大項目，下面將依照中國建筑年報附注內(nèi)容對項目變動較大科目原因進行分析。預(yù)付款項：主要是因為伴隨業(yè)務(wù)收入增加，預(yù)付給分包商、供給商款項增加所致。其余流動資產(chǎn)：主要是因為購置理財產(chǎn)品到期造成期末余額降低所致。持有至到期投資：主要是因為增持國債所致。無形資產(chǎn)：主要是因為BOT項目歸集特許經(jīng)營權(quán)增加所致。商譽：主要是因為收購子企業(yè)所致。應(yīng)付利息：主要是因為本年支付企業(yè)債利息降低所致。主要是因為到期日在一年內(nèi)應(yīng)付債券增加所致。其余流動負(fù)債：主要是因為償還超短融債券所致。長久借款：主要是因為為滿足業(yè)務(wù)發(fā)展需要，向銀行借款增加所致。遞延收益：主要是因為收到政府補助所致。其余權(quán)益工具：主要是因為發(fā)行首期優(yōu)先股所致。少數(shù)股東權(quán)益:主要是因為子企業(yè)發(fā)行永續(xù)債所致。垂直分析表4資產(chǎn)負(fù)債表垂直分析項目比重%比重同比增減率貨幣資金100,201,668,027.0078,039,806,80913.78%12.38%28.40%結(jié)算備付金211,327,250197,223,0280.03%0.03%7.15%拆出資金以公允價值計量且其變動計入當(dāng)期損益金融資產(chǎn)應(yīng)收票據(jù)2,268,656,870.002,772,093,7810.31%0.44%-18.16%應(yīng)收賬款71,088,208,416.0059,953,717,5979.78%9.51%18.57%預(yù)付款項21,891,428,700.0016,319,644,7613.01%2.59%34.14%應(yīng)收保費應(yīng)收分保賬款應(yīng)收分保協(xié)議準(zhǔn)備金應(yīng)收利息43,057,073.0078,957,1920.01%0.01%-45.47%應(yīng)收股利164,168,368.00105,156,7120.02%0.02%56.12%其余應(yīng)收款38,065,160,151.0042,036,789,4155.24%6.67%-9.45%買入返售金融資產(chǎn)存貨138,818,884,389.00119,015,846,34119.09%18.88%16.64%劃分為持有代售資產(chǎn)一年內(nèi)到期非流動資產(chǎn)29,485,080,904.0028,558,006,3784.06%4.53%3.25%其余流動資產(chǎn)2,964,145,4057,532,160,8550.41%1.19%-60.65%流動資產(chǎn)共計405,201,785,554.00354,609,402,86955.73%56.25%14.27%發(fā)放貸款及墊款可供出售金融資產(chǎn)21,046,789,86322,205,110,1712.89%3.52%-5.22%持有至到期投資580,976,788327,968,8490.08%0.05%77.14%長久應(yīng)收款79,502,813,075.0074,624,967,99910.93%11.84%6.54%長久股權(quán)投資10,460,521,99510,086,165,7751.44%1.60%3.71%投資性房地產(chǎn)1,157,931,2491,205,651,2720.16%0.19%-3.96%固定資產(chǎn)54,572,924,809.0051,676,922,7447.51%8.20%5.60%在建工程12,556,963,40311,386,925,7241.73%1.81%10.28%工程物資固定資產(chǎn)清理3,412,501生產(chǎn)性生物資產(chǎn)油氣資產(chǎn)無形資產(chǎn)131,587,506,64497,967,567,17518.10%15.54%34.32%開發(fā)支出3,003,5344,147,0060.00%0.00%-27.57%商譽4,937,199,7101,537,119,2980.68%0.24%221.20%長久待攤費用327,297,746262,272,4540.05%0.04%24.79%遞延所得稅資產(chǎn)3,423,113,376.002,881,475,7540.47%0.46%18.80%其余非流動資產(chǎn)1,700,098,5461,612,191,4330.23%0.26%5.45%非流動資產(chǎn)共計321,860,553,240.00275,778,485,65444.27%43.75%16.71%資產(chǎn)總計727,062,338,793.00630,387,888,523100.00%100.00%15.34%項目金額短期借款77,982,963,145.0068,124,750,26510.73%10.81%14.47%向中央銀行借款吸收存款及同業(yè)存放拆入資金以公允價值計量且其變動計入當(dāng)期損益金融負(fù)債47,693,732.0048,399,4870.01%0.01%-1.46%應(yīng)付票據(jù)11,716,827,183.0014,167,497,1531.61%2.25%-17.30%應(yīng)付賬款136,375,965,517.00128,706,365,26918.76%20.42%5.96%預(yù)收款項85,962,740,045.0070,304,481,03111.82%11.15%22.27%賣出回購金融資產(chǎn)款應(yīng)付手續(xù)費及傭金應(yīng)付職員薪酬1,696,576,611.001,381,483,4380.23%0.22%22.81%應(yīng)交稅費10,175,162,109.0011,411,263,1771.40%1.81%-10.83%應(yīng)付利息899,021,510.002,047,043,7560.12%0.32%-56.08%應(yīng)付股利113,311,814.00139,680,1980.02%0.02%-18.88%其余應(yīng)付款20,540,744,467.0018,303,360,5822.83%2.90%12.22%應(yīng)付分保賬款保險協(xié)議準(zhǔn)備金代理買賣證券款代理承銷證券款劃分為持有代售負(fù)債一年內(nèi)到期非流動負(fù)債21,541,245,424.0014,395,706,9842.96%2.28%49.64%其余流動負(fù)債3,040,486,971.009,025,978,4060.42%1.43%-66.31%流動負(fù)債共計370,092,738,529.00338,056,009,74650.90%53.63%9.48%長久借款141,581,570,230.00101,848,580,03719.47%16.16%39.01%應(yīng)付債券32,045,410,376.0033,834,953,2244.41%5.37%-5.29%長久應(yīng)付款8,699,498,371.009,066,033,9161.20%1.44%-4.04%長久應(yīng)付職員薪酬1,843,603,726.001,949,070,0000.25%0.31%-5.41%專題應(yīng)付款146,271,836.00146,255,2980.02%0.02%0.01%預(yù)計負(fù)債440,725,915.00586,408,7690.06%0.09%-24.84%遞延收益6,503,332,686.004,617,680,8950.89%0.73%40.84%遞延所得稅負(fù)債5,148,755,895.005,690,543,5880.71%0.90%-9.52%其余非流動負(fù)債2,387,556,736.002,395,816,3390.33%0.38%-0.34%非流動負(fù)債共計198,796,725,771.00160,135,342,06627.34%25.40%24.14%負(fù)債共計568,889,464,300.00498,191,351,81278.24%79.03%14.19%實收資本（或股本）16,174,735,425.0016,174,735,4252.22%2.57%其余權(quán)益工具13,942,183,077.004,985,550,0001.92%0.79%179.65%資本公積24,020,037,183.0021,064,901,7523.30%3.34%14.03%減：庫存股其余綜合收益10,251,682,928.0012,056,795,5601.41%1.91%-14.97%專題貯備1,873,227,816.001,450,222,9460.26%0.23%29.17%盈余公積3,461,015,619.003,461,015,6180.48%0.55%0.00%通常風(fēng)險準(zhǔn)備107,788,349.00107,788,3490.01%0.02%未分配利潤65,041,395,576.0057,775,070,1948.95%9.17%12.58%歸屬于母企業(yè)全部者權(quán)益共計134,872,065,973.00117,076,079,84418.55%18.57%15.20%少數(shù)股東權(quán)益23,300,808,521.0015,120,456,8673.20%2.40%54.10%全部者權(quán)益共計158,172,874,493.00132,196,536,71121.76%20.97%19.65%負(fù)債和全部者權(quán)益總計727,062,338,793.00630,387,888,52315.34%流動資產(chǎn)中，貨幣資金比重較去年增加較大，結(jié)合前述永續(xù)債發(fā)行，優(yōu)先股發(fā)行，超短期融資券發(fā)行等，可見企業(yè)金融創(chuàng)新方面具備大膽意識，資金存量有大幅增加，對企業(yè)下一步戰(zhàn)略實施貯備了充分彈藥，也增強了企業(yè)底氣。與此同時其余應(yīng)收款幣種有大幅降低，說明中國建筑在職員個人備用金和借款管理上成效顯著。非流動資產(chǎn)中，除了長久應(yīng)收款、固定資產(chǎn)和無形資產(chǎn)項目占總流動資產(chǎn)比重較大外，其余各項比重均在7%以下，其中僅無形資產(chǎn)幣種改變較大，前已述原因。在負(fù)債類中，應(yīng)付賬款比重降低較大，長久借款比重增加較大，企業(yè)有經(jīng)過長久借款緩解信譽壓力嫌疑。在全部者權(quán)益各科目中，其余權(quán)益工具比重改變較大，主要是因為今年發(fā)行首批優(yōu)先股所致。值得注意是，存貨占總資產(chǎn)比重較大，且相較于有所上升。中建需注意對工程項目標(biāo)結(jié)算，降低已完工未結(jié)算項目金額，同時對于材料類存貨應(yīng)確定材料采購計劃，合理控制材料庫存，降低材料類存貨資金占用。2.2利潤表分析表5利潤表變動分析項目本期金額上期金額增減變動比率一、營業(yè)總收入279,833,137,161252,444,299,56911%其中：營業(yè)收入279,833,137,161252,444,299,56911%利息收入已賺保費手續(xù)費及傭金收入二、營業(yè)總成本269,323,842,159.00242,472,031,78511%其中：營業(yè)成本242,020,870,139219,850,332,17710%利息支出手續(xù)費及傭金支出退保金賠付支出凈額提取保險協(xié)議準(zhǔn)備金凈額保單紅利支出分保費用營業(yè)稅金及附加7,119,349,3826,245,383,80514%銷售費用429,054,123332,941,74429%管理費用12,772,123,89610,446,553,82722%財務(wù)費用5,959,374,847.005,081,056,38617%資產(chǎn)減值損失1,023,069,773515,763,84698%加：公允價值變動收益（損失以“-”號填列）-15,305,616-123,025,502-88%投資收益（損失以“-”號填列）2,217,332,5712,353,083,049-6%其中：對聯(lián)營企業(yè)和合營企業(yè)投資收益235,942,99557,642,693309%匯兌收益（損失以“-”號填列）三、營業(yè)利潤（虧損以“-”號填列）12,711,321,956.0012,202,325,3314%加：營業(yè)外收入625,661,663307,668,335103%其中：非流動資產(chǎn)處置利得56,054,457減：營業(yè)外支出85,694,84096,674,954-11%其中：非流動資產(chǎn)處置損失34,819,60613,656,273155%四、利潤總額（虧損以“-”號填列）13,251,288,779.0012,413,318,7127%減：所得稅費用3,149,504,6352,646,705,64819%五、凈利潤（虧損以“-”號填列）10,101,784,145.009,766,613,0643%歸屬于母企業(yè)全部者凈利潤10,056,751,495.009,765,094,4223%少數(shù)股東損益45,032,6501,518,6422865%六、其余綜合收益稅后凈額-1,890,058,907-176,947,548968%（一）以后不能重分類進損益其余綜合收益1.重新計量設(shè)定受益計劃凈負(fù)債或凈資產(chǎn)變動2.權(quán)益法下被投資單位不能重分類進損益其余綜合收益中享受份額（二）以后將重分類進損益其余綜合收益1.權(quán)益法下在被投資單位以后將重分類進損益其余綜合收益中享受份額2.可供出售金融資產(chǎn)公允價值變動損益3.持有至到期投資重分類為可供出售金融資損益4.現(xiàn)金流量套期損益有效部分5.外幣財務(wù)報表折算差額七、綜合收益總額8,211,725,237.009,589,665,516-14%歸屬于母企業(yè)全部者綜合收益總額*歸屬于少數(shù)股東綜合收益總額八、每股收益：（一）基本每股收益0.60.60%（二）稀釋每股收益0.60.60%從利潤表變動分析中能夠得出一個總括性結(jié)論：企業(yè)營業(yè)利潤、總利潤展現(xiàn)上升趨勢。但，即使?fàn)I業(yè)總收入11%增加，但營業(yè)稅金及附加以及管理費用和財務(wù)費用增加極大，從而造成了營業(yè)利潤僅增加4%。另外，資產(chǎn)減值損失較去年增加較大，主要為壞賬準(zhǔn)備計提以及存貨跌價準(zhǔn)備計提，應(yīng)收賬款和存貨管理依然任重道遠(yuǎn)。另外，公允價值變動收益/（損失）降低87%，主要是因為以公允價值計量且其變動計入當(dāng)期損益金額資產(chǎn)公允價值變動所致。其余如營業(yè)外收入較去年增加103%，主要是因為本年轉(zhuǎn)回以前年度預(yù)計負(fù)債所致。2.3現(xiàn)金流量表分析表6現(xiàn)金流量表變動分析匯報期變動率單位元元經(jīng)營活動現(xiàn)金流入小計292,122,204,52457,264,100,000-8.27%經(jīng)營活動現(xiàn)金流出小計46,545,500,00054,124,700,000-14.00%經(jīng)營活動產(chǎn)生現(xiàn)金流量凈額5,984,530,0003,139,380,00090.63%投資活動現(xiàn)金流入小計879,970,000787,868,00011.69%投資活動現(xiàn)金流出小計9,802,690,00013,459,700,000-27.17%投資活動產(chǎn)生現(xiàn)金流量凈額-8,922,720,000-12,671,800,00029.59%籌資活動現(xiàn)金流入小計20,612,100,00012,719,600,00062.05%籌資活動現(xiàn)金流出小計15,876,100,0003,541,670,000348.27%籌資活動產(chǎn)生現(xiàn)金流量凈額4,736,030,0009,177,890,000-48.40%經(jīng)營活動產(chǎn)生現(xiàn)金流量凈額較上年增加70%，主要是因為加大債權(quán)清收力度及合理安排資金支付所致。其中銷售商品、提供勞務(wù)收到現(xiàn)金降低了8.44%，購置商品、接收勞務(wù)支付現(xiàn)