山西汾酒股份財(cái)務(wù)報(bào)表分析報(bào)告

1．資產(chǎn)負(fù)債表分析項(xiàng)目20112012流淌資產(chǎn)貨幣資金2,020,358,378.462,480,804,314.29應(yīng)收票據(jù)576,029,971.14907,653,785.45應(yīng)收賬款23,145,910.9518,879,202.80預(yù)付賬款133,136,653.88101,320,859.42其他應(yīng)收款10,964,167.227,211,519.81存貨1,249,734,003.571,422,801,193.30其他流淌資產(chǎn)168,569.961,607,493.82影響流淌資產(chǎn)其他科目00流淌資產(chǎn)合計(jì)4,013,537,655.184,940,278,368.89非流淌資產(chǎn)長期股權(quán)投資3,835,937.043,835,937.04固定資產(chǎn)609,649,869.28655,242,127.59在建工程203,921,546.25263,824,375.10無形資產(chǎn)27,179,206.69147,823,211.24長期盼攤費(fèi)用--6,665,282.34遞延所得稅資產(chǎn)52,771,524.9868,453,445.67其他非流淌資產(chǎn)857,65326,032,053非流淌資產(chǎn)合計(jì)898,215,737.241,171,876,431.98資產(chǎn)總計(jì)4,911,753,392.426,112,154,800.87流淌負(fù)債應(yīng)付票據(jù)141,200,000130,150,000應(yīng)付賬款130,268,324.72194,703,406.03預(yù)收賬款1,155,808,093.021,213,443,097.59應(yīng)付職工薪酬152,875,016.88225,587,173.12應(yīng)交稅費(fèi)595,644,733.03534,767,813.33應(yīng)付股利7,798,975.362,487,388.96其他應(yīng)付款146,843,502.01186,407,333.71流淌負(fù)債合計(jì)2,330,438,645.022,487,546,212.74非流淌負(fù)債非流淌負(fù)債合計(jì)----負(fù)債合計(jì)2,330,438,645.022,487,546,212.74全部者權(quán)益實(shí)收資本（或股本）432,924,133865,848,266資本公積金297,795,125.67240,806,934.27盈余公積金257,453,369.65353,184,948.69未安排利潤1,502,529,721.582,084,726,425.47歸屬于母公司股東權(quán)益合計(jì)2,490,702,349.903,552,280,245.08全部者權(quán)益合計(jì)2,581,314,747.403,624,608,588.13負(fù)債及全部者權(quán)益總計(jì)4,911,753,392.426,112,154,800.87項(xiàng)目20112012一、營業(yè)總收入4,488,148,103.846,478,763,909.72營業(yè)收入4,488,148,103.846,478,763,909.72二、營業(yè)總成本3,123,055,508.994,463,623,802營業(yè)成本1,077,192,250.841,634,439,471.33營業(yè)稅金及附加811,490,372.441,082,692,810.29銷售費(fèi)用921,366,133.571,378,306,935.97管理費(fèi)用320,330,475.39429,467,592.90財(cái)務(wù)費(fèi)用-11,654,592.07-43,410,184.36資產(chǎn)減值損失4,330,868.82-17,872,824.13三、其他經(jīng)營收益----投資凈收益611,625.194,313.10四、營業(yè)利潤1,365,704,220.042,015,144,420.82營業(yè)外收入3,943,005.234,946,572.77營業(yè)外支出32,151,215.5954,329,746.98非流淌資產(chǎn)處置凈損失1,446,949.716,722,262.92五、利潤總額1,337,496,009.681,965,761,246.61所得稅412,935,650.74578,647,172.09六、凈利潤924,560,358.941,387,114,074.52少數(shù)股東損益144,012,878.6259,799,592.09歸屬于母公司股東的凈利潤780,547,480.321,327,314,482.43七、每股收益基本每股收益1.81.53稀釋每股收益1.81.53由表2-2可以看出：（1）汾酒股份有限公司營業(yè)總收入2012年較上年同期增長51.73%，銷售方面：在鞏固老客戶的基礎(chǔ)上，加大了開拓國內(nèi)重點(diǎn)客戶的力度，逐步提高重點(diǎn)客戶的銷售量。全年完成銷售收入元，同比增加76.39％。2012年汾酒股份有限公司通過進(jìn)一步強(qiáng)化內(nèi)部管理，實(shí)施管理流程再創(chuàng)，加強(qiáng)推動(dòng)科技創(chuàng)新、經(jīng)營創(chuàng)新和體制機(jī)制創(chuàng)新，使公司生產(chǎn)經(jīng)營始終保持強(qiáng)勁的發(fā)展勢頭，各項(xiàng)工作穩(wěn)健推動(dòng)，全年完成營業(yè)收入6478763909.72元，同比增加44.35％。（2）公司2012年的營業(yè)稅金及附加比2011年發(fā)生數(shù)增加271202437.85元，變動(dòng)比例為33.42％，變動(dòng)的主要緣由為本期出口收入增加，出口免抵退稅額相應(yīng)增加，導(dǎo)致城建稅及教化費(fèi)附加增加，導(dǎo)致營業(yè)稅金增幅較大。（3）2012年公司凈利潤總額較2011年同期增長46.97％主要緣由是營業(yè)外收入的增加，所得稅費(fèi)用較2011同期增長40.13％。從以上分析可以看出汾酒股份有限公司的獲利狀況還比較穩(wěn)定，但是還是須要加強(qiáng)公司的管理，努力做好增收節(jié)支的工作，加強(qiáng)主營業(yè)務(wù)，限制各項(xiàng)費(fèi)用。這樣才可能使公司的凈利潤有較大幅度的增大。3．現(xiàn)金流量表分析項(xiàng)目20112012一、經(jīng)營活動(dòng)產(chǎn)生的現(xiàn)金流量銷售商品、供應(yīng)勞務(wù)收到的現(xiàn)金5,537,705,167.926,965,635,844.39收到的稅費(fèi)返還--4,536.89收到其他與經(jīng)營活動(dòng)有關(guān)的現(xiàn)金30,442,150.41102,133,177.34經(jīng)營活動(dòng)現(xiàn)金流入小計(jì)5,568,147,318.337,067,773,558.62購買商品、接受勞務(wù)支付的現(xiàn)金1,197,746,011.781,653,079,585.63支付給職工以及為職工支付的現(xiàn)金433,239,843.42632,552,808.12支付的各項(xiàng)稅費(fèi)1,535,063,516.212,726,612,089.38支付其他與經(jīng)營活動(dòng)有關(guān)的現(xiàn)金805,350,879.071,016,324,078.42經(jīng)營活動(dòng)現(xiàn)金流出小計(jì)3,971,400,250.486,028,568,561.55經(jīng)營活動(dòng)產(chǎn)生的現(xiàn)金流量凈額1,596,747,067.851,039,204,997.07二、投資活動(dòng)產(chǎn)生的現(xiàn)金流量取得投資收益收到的現(xiàn)金611,625.194,313.10處置固定資產(chǎn)、無形資產(chǎn)和其他長期1,179,077.72--資產(chǎn)收回的現(xiàn)金凈額投資活動(dòng)現(xiàn)金流入小計(jì)1,790,702.914,313.10購建固定資產(chǎn)、無形資產(chǎn)和其他長期資產(chǎn)支付的現(xiàn)金257,484,908.60269,275,143.90支付其他與投資活動(dòng)有關(guān)的現(xiàn)金0720,000投資活動(dòng)現(xiàn)金流出小計(jì)257,484,908.60269,995,143.90投資活動(dòng)產(chǎn)生的現(xiàn)金流量凈額-255,694,205.69-269,990,830.80三、籌資活動(dòng)產(chǎn)生的現(xiàn)金流量汲取投資收到的現(xiàn)金--5,920,000籌資活動(dòng)現(xiàn)金流入小計(jì)--5,920,000支付其他與籌資活動(dòng)有關(guān)的現(xiàn)金805,350,879.071,016,324,078.42籌資活動(dòng)現(xiàn)金流出小計(jì)401,796,254340,726,787.44籌資活動(dòng)產(chǎn)生的現(xiàn)金流量凈額-401,796,254-334,806,787.44四、現(xiàn)金及現(xiàn)金等價(jià)物凈增加額現(xiàn)金及現(xiàn)金等價(jià)物凈增加額939,256,608.16434,407,378.83期初現(xiàn)金及現(xiàn)金等價(jià)物余額1,081,101,770.302,020,358,378.46期末現(xiàn)金及現(xiàn)金等價(jià)物余額2,020,358,378.462,454,765,757.29補(bǔ)充資料：1．將凈利潤調(diào)整為經(jīng)營活動(dòng)的現(xiàn)金流量：凈利潤924,560,358.941,387,114,074.52加：資產(chǎn)減值打算4,329,702.58-17,872,824.13固定資產(chǎn)折舊、油氣資產(chǎn)折耗、生產(chǎn)性生物資產(chǎn)折舊37,824,851.7147,528,305.06無形資產(chǎn)攤銷1,240,220.044,481,979.07長期盼攤費(fèi)用攤銷--375,508.85處置固定資產(chǎn)、無形資產(chǎn)和其他長期資產(chǎn)的損失1,286,915.636,691,618.16投資損失-611,625.19-4,313.10遞延所得稅資產(chǎn)削減-20,046,129.69-15,681,920.69存貨的削減-233,882,047.74-173,067,189.73經(jīng)營性應(yīng)收項(xiàng)目的削減-33,212,723.64-371,467,224.99經(jīng)營性應(yīng)付項(xiàng)目的增加915,257,545.21171,106,984.05經(jīng)營活動(dòng)產(chǎn)生的現(xiàn)金流量凈額1,596,747,067.851,039,204,997.072、現(xiàn)金及現(xiàn)金等價(jià)物凈增加狀況：現(xiàn)金的期末余額2,020,358,378.462,454,765,757.29減：現(xiàn)金的期初余額1,081,101,770.302,020,358,378.46現(xiàn)金及現(xiàn)金等價(jià)物凈增加額939,256,608.16434,407,378.83三、財(cái)務(wù)比率分析1．短期償債實(shí)力分析（2）速動(dòng)比率速動(dòng)比率＝（流淌資產(chǎn)—存貨）/流淌負(fù)債，用于衡量企業(yè)的流淌資產(chǎn)中可以馬上用于償還流淌負(fù)債的實(shí)力。該比率越高，表明企業(yè)償債實(shí)力越強(qiáng)，越簡單取得借款；該比率越低，表明企業(yè)存在不能快速償還流淌負(fù)債的風(fēng)險(xiǎn)，取得借款會(huì)有困難。一般認(rèn)為，企業(yè)的速動(dòng)比率至少應(yīng)維持在1。（3）現(xiàn)金比率現(xiàn)金比率＝（貨幣資金＋現(xiàn)金等價(jià)物）/流淌負(fù)債，最能反映企業(yè)干脆償還流淌負(fù)債的實(shí)力。該比率越高說明企業(yè)干脆償還流淌負(fù)債的實(shí)力越強(qiáng)。一般認(rèn)為，現(xiàn)金比率保持在30％左右為宜。項(xiàng)目20112012流淌比率1.721.99速動(dòng)比率1.191.41現(xiàn)金比率86.69%99.73%