深圳拓邦股份有限公司2018年度财务报表分析报告

1、深圳拓邦股份有限公司2018年度财务报表分析报告本报告以上市公司2016-2018年度财务报表数据为分析基础 包括资产负债表、利润表、现金流量表和所有者权益变动表水平、垂直分析财务指标盈利能力、偿债能力、营运能力、发展成长能力、杜邦等分析This report is based on the data of financial statements of Listed Companies in 2016-2018.Including horizontal and vertical analysis of SOFP, profit statement, cash flow statement a

2、nd owner's equity statementFinancial Indicators Profit, Debt Payment, Operations, Development, DuPont, etc.目录CONTENTS1 财务报表数据4.2 杜邦分析图151.1 资产负债表 11 Financial Statement Data1.2 禾1J润表2Blance Sheets 11.3 现金流量表 3Income Sheets 21.4 所有者权益变动表 4Cash Flow Sheets 32 会计报表分析Changes in Owner's Equity Sh

3、eets 42.1 资产负债表分析 52 Analysis of Accounting Statements2.1.1 水平趋势分析 5Analysis of Blance Sheets 52.1.2 垂直结构分析 6Horizontal analysis 52.2 利润表分析7Vertical Analysis 62.2.1 水平趋势分析 7Analysis of Income Sheets .72.2.2 垂直结构分析8Horizontal analysis 72.3 现金流量表分析9Vertical Analysis 82.3.1 水平趋势分析 9Analysis of Cash Flo

4、w Sheets 92.3.2 垂直结构分析10Horizontal analysis 92.4 所有者权益变动表分析 11Vertical Analysis 102.4.1 水平趋势分析 11Analysis of Owner's Equity Sheets . 112.4.2 垂直结构分析 11Horizontal analysis 113 财务指标分析Vertical Analysis 113.1 偿债能力分析 123 Financial Index Analysis3.1.1 短期偿债能力分析 12Analysis of Solvency123.1.2 长期偿债能力分析 12S

5、hort-term Solvency123.2 营运能力分析 12Long-term Solvency 123.2.1 流动资产周转分析 12Analysis of Operating Capability 123.2.2 固定资产周转分析 13Current Assets123.2.3 总资产周转分析 13Fixed Assets 133.3 盈利能力分析13Total Assets133.3.1 资产经营盈利能力分析 13Analysis of Profitability 133.3.2 资本经营盈利能力分析13Profitability of Assets 133.3.3 商品经营盈利能

6、力分析.14Profitability of Capital 133.3.4 盈利质量分析 14Profitability of Goods 143.4 发展能力分析 14Profit Quality 143.4.1 资产资本成长分析 14Analysis of Growth Ability143.4.2 营业收益成长分析 14Capital Asset Growth 143.4.3 每股净资产分析 15Income Growth144 杜邦分析Net Assets per Share 154.1 杜邦分析表154 Du Pont AnalysisDuPont Analysis TableDu

7、Pont Analysis Chart15151财务报表数据1.1 资产负债表表格1 2016-2018 年度 资产负债表Table 1 Balance Sheets for 2016-2018项目（万元）2016 年2017 年2018 年货币资金35,936.7547,270.3751,162.27交易性金融资产60.1133.874.32应收票据净额10,812.6116,763.5914,346.72应收账款净额55,661.8666,625.6892,117.66预付款项净额628.941,505.241,370.88其他应收款净额2,579.713,056.982,183.25存货

8、净额20,505.9040,631.5149,180.91其他流动资产38,715.4613,201.8824,861.64流动资产合计164,901.36189,089.13235,227.64可供出售金融资产净额6,540.707,260.706,840.70长期股权投资净额360.18352.89334.31投资性房地产净额-4,291.89固定资产净额42,283.0848,523.6473,723.20在建工程净额13,018.3535,482.5727,095.17无形资产净额11,925.1212,626.4620,780.20开发支出1,790.354,195.344,186.

9、22商誉净额16,108.3116,108.3116,409.00长期待摊费用345.68767.441,772.02递延所得税资产3,745.134,907.392,917.12其他非流动资产10,508.761,589.381,326.26非流动资产合计106,625.65131,814.14159,676.08资产总计271,527.00320,903.25394,903.72短期借款260.003,100.0049,100.00应付票据15,351.5927,993.2130,690.59应付账款40,623.6452,100.0265,510.94预收款项2,440.933,777.

10、753,898.34应付职，薪酬6,501.958,387.9610,043.18应交税费3,679.614,100.581,238.83其他应付款17,409.2712,453.906,209.22一年内到期的非流动负债-500.00流动负债合计86,267.00111,913.42167,191.09长期借款-500.00-长期负债合计-500.00-递延所得税负债240.58200.24159.89递延收益-非流动负债935.00844.60916.45非流动负债合计1,175.581,544.841,076.34负债合计87,442.59113,458.26168,267.42实收资本

11、（或股本）45,380.2867,986.05101,904.66资本公积96,992.2777,026.2642,747.91其中：库存股13,802.958,193.884,034.73盈余公积6,611.367,938.029,690.39未分配利润36,212.1849,086.0262,753.70其他综合收益-15.91-345.25378.95归属于母公司所有者权益合计171,377.23193,497.22213,440.88少数股东权益12,707.1813,947.7813,195.42所有者权益合计184,084.42207,445.00226,636.30负债与所有者权

12、益总计271,527.00320,903.25394,903.721.2 利润表表格2 2016-2018 年度 利润表Table 2 Income Sheets for 2016-2018项目（万元）2016 年2017 年2018 年营业总收入182,710.27268,256.84340,669.75营业收入182,710.27268,256.84340,669.75营业总成本166,973.92245,682.69316,410.59宫业成本142,352.83203,968.92272,702.22营业税金及附加1,083.261,729.732,176.03销售费用6,642.14

13、9,592.0011,168.38管理费用17,577.9725,151.6928,895.55财务费用-2,255.374,034.25-1,256.17资产减值损失1,573.081,206.102,724.58公允价值艾动收益-21.73-26.24-29.54投资收益760.39742.78-243.89其中：对联营和合营企业的投资收益-39.82-7.28-18.59其他业务利润-2,686.503,271.61营业利润16,475.0025,977.1827,257.32营业外收入1,837.1967.32120.61营业外支出375.95593.67221.67利润总额17,93

14、6.2525,450.8427,156.27所得税费用2,588.292,978.443,480.76净利润15,347.9622,472.3923,675.51归属于母公司所有者的净利润14,429.3721,001.9322,218.66少数股东损益918.581,470.461,456.85基本每股收益0.000.000.00稀释每股收益0.000.000.00其他综合收益（损失）-15.91-329.34724.19综合收益总额15,332.0522,143.0624,399.71归属于母公司所有者的综合收益14,413.4620,672.6022,942.85归属少数股东的综合收益9

15、18.581,470.461,456.851.3 现金流量表表格3 2016-2018 年度现金流量表Table 3 Cash Flow Sheets for 2016-2018项目（万元）2016 年2017 年2018 年销售商品、提供劳务收到的现金173,145.36249,893.34323,594.38收到的税费返还8,036.9612,111.1423,218.64收到的其他与经营活动有美的现金2,129.321,967.922,947.66购买商品、接受劳务支付的现金122,337.77179,778.08244,478.19支付给职工以及为职工支付的现金31,316.6444,

16、424.5960,557.86支付的各项税费4,294.818,277.638,148.82支付其他与经营活动有美的现金6,601.9810,812.8612,547.74经营活动产生的现金流量净额18,760.4420,679.2424,028.06收回投资收到的现金103,000.0091,660.6048,594.24取得投资收益收到的现金800.22750.06396.20处置长期资产收回的现金净额16.08223.3184.38购建长期资产支付的现金31,412.1231,237.2740,723.57投资支付的现金146,775.1666,093.2561,897.28取得其他营业

17、单位支付的现金12,116.07-244.79支付其他与投资活动有美的现金-1,140.00378.97投资活动产生的现金流量净额-86,487.04-5,836.55-54,169.79吸收投资收到的现金60,329.74564.96-吸收权益性投资收到的现金60,329.74564.96-取得借款收到的现金-3,600.0063,900.00收到其他与筹资活动有美的现金4,832.875,508.774,043.79偿还债务支付的现金-260.0017,900.00分配股利.利润或利息支付的现金4,522.736,915.9010,262.51其中：子公司支付给少数股东的现金-52.662

18、,208.84支付其他与筹资活动有美的现金5,552.364,159.188,815.90筹资活动产生的现金流量净额55,087.52-1,661.3430,965.38汇率艾动对现金的影响1,180.81-1,476.58940.62现金及现金等价物净增加额-11,458.2611,704.771,764.27期初现金及现金等价物余额40,965.6429,507.3741,212.14期末现金及现金等价物余额29,507.3741,212.1442,976.411.4所有者权益变动表表格4 2016-2018年度所有者权益变动表Table 4 Changes in Owner's

19、Equity Sheets For 2016-2018项目（万元）2016 年2017 年2018 年上期期末余额97,222.98184,084.42207,445.00本期期初余额97,222.98184,084.42207,445.00本期增减文动金额86,861.4423,360.5719,191.30综合收益总额15,332.0522,143.0624,399.71所有者投入和减少资本71,577.211,289.39161.91股份支付金额2,502.651,519.25732.14和投资相关的其他项目-229.86-570.24利润分配-4,522.73-6,801.44-9,0

20、07.44对股东的分配-4,522.73-6,801.44-9,007.44其他4,474.926,729.563,637.13期末余额184,084.42207,445.00226,636.302会计报表分析2.1 资产负债表分析2.1.1 水平趋势分析表格5 2018年度水平分析Table 5 Horizontal Analysis In 2018项目（万元）2017 年2018 年变动额变动比影响总资产货币资金47,270.3751,162.273,891.898.23%1.21%交易性金融资产33.874.32-29.54-87.23%-0.01%应收票据净额16,763.5914,3

21、46.72-2,416.88-14.42%-0.75%应收账款净额66,625.6892,117.6625,491.9838.26%7.94%预付款项净额1,505.241,370.88-134.36-8.93%-0.04%其他应收款净额3,056.982,183.25-873.73-28.58%-0.27%存货净额40,631.5149,180.918,549.4021.04%2.66%其他流动资产13,201.8824,861.6411,659.7788.32%3.63%流动资产合计189,089.13235,227.6446,138.5224.40%14.38%可供出售金融资产净额7,2

22、60.706,840.70-420.00-5.78%-0.13%长期股权投资净额352.89334.31-18.59-5.27%-0.01%投资性房地产净额-4,291.894,291.890.00%1.34%固定资产净额48,523.6473,723.2025,199.5551.93%7.85%在建工程净额35,482.5727,095.17-8,387.40-23.64%-2.61%无形资产净额12,626.4620,780.208,153.7464.58%2.54%开发支出4,195.344,186.22-9.12-0.22%0.00%商誉净额16,108.3116,409.00300.

23、691.87%0.09%长期待摊费用767.441,772.021,004.57130.90%0.31%递延所得税资产4,907.392,917.12-1,990.27-40.56%-0.62%其他非流动资产1,589.381,326.26-263.13-16.56%-0.08%非流动资产合计131,814.14159,676.0827,861.9421.14%8.68%资产总计320,903.25394,903.7274,000.4723.06%23.06%短期借款3,100.0049,100.0046,000.001483.87%14.33%应付票据27,993.2130,690.592,

24、697.389.64%0.84%应付账款52,100.0265,510.9413,410.9225.74%4.18%预收款项3,777.753,898.34120.593.19%0.04%应付职工薪酬8,387.9610,043.181,655.2219.73%0.52%应交税费4,100.581,238.83-2,861.76-69.79%-0.89%其他应付款12,453.906,209.22-6,244.69-50.14%-1.95%一年内到期的非流动负债-500.00500.000.00%0.16%流动负债合计111,913.42167,191.0955,277.6749.39%17.

25、23%长期借款500.00-500.00-100.00%-0.16%长期负债合计500.00-500.00-100.00%-0.16%递延所得税负债200.24159.89-40.35-20.15%-0.01%递延收益-非流动负债844.60916.4571.858.51%0.02%非流动负债合计1,544.841,076.34-468.50-30.33%-0.15%负债合计113,458.26168,267.4254,809.1648.31%17.08%实收资本（或股本）67,986.05101,904.6633,918.6149.89%10.57%资本公积77,026.2642,747.9

26、1-34,278.35-44.50%-10.68%其中：库存股8,193.884,034.73-4,159.15-50.76%-1.30%盈余公积7,938.029,690.391,752.3722.08%0.55%未分配利润49,086.0262,753.7013,667.6827.84%4.26%其他综合收益-345.25378.95724.19-209.76%0.23%归属于母公司所有者权益合计193,497.22213,440.8819,943.6610.31%6.21%少数股东权益13,947.7813,195.42-752.35-5.39%-0.23%所有者权益合计207,445.

27、00226,636.3019,191.309.25%5.98%负债与所有者权益总计320,903.25394,903.7274,000.4723.06%23.06%2.1.2 垂直结构分析表格6 2018年度垂直分析Table 6 Vertical Analysis In 2018项目（万元）2017 年2018 年变动额变动比货币资金14.7312.96-1.77-12.05%交易性金融资产0.010.00-0.01-89.62%应收票据净额5.223.63-1.59-30.45%应收账款净额20.7623.332.5612.35%预付款项净额0.470.35-0.12-25.99%其他应收

28、款净额0.950.55-0.40-41.96%存货净额12.6612.45-0.21-1.64%其他流动资产4.116.302.1853.03%流动资产合计58.9259.570.641.09%可供出售金融资产净额2.261.73-0.53-23.44%长期股权投资净额0.110.08-0.03-23.02%投资性房地产净额-1.091.090.00%固定资产净额15.1218.673.5523.46%在建工程净额11.066.86-4.20-37.95%无形资产净额3.935.261.3333.74%开发支出1.311.06-0.25-18.92%商誉净额5.024.16-0.86-17.2

29、2%长期待摊费用0.240.450.2187.63%递延所得税资产1.530.74-0.79-51.70%其他非流动资产0.500.34-0.16-32.19%非流动资产合计41.0840.43-0.64-1.56%资产总计100.00100.00-0.00%短期借款0.9712.4311.471187.07%应付票据应付账款8.7216.247.7716.59-0.950.35-10.91%2.18%预收款项1.180.99-0.19-16.14%应付职，薪酬2.612.54-0.07-2.70%应交税费1.280.31-0.96-75.45%其他应付款3.881.57-2.31-59.49

30、%一年内到期的非流动负债-0.130.130.00%流动负债合计34.8742.347.4621.40%长期借款0.16-0.16-100.00%长期负债合计0.16-0.16-100.00%递延所得税负债0.060.04-0.02-35.11%递延收益-非流动负债0.260.23-0.03-11.83%非流动负债合计0.480.27-0.21-43.38%负债合计35.3642.617.2520.52%实收资本（或股本）21.1925.804.6221.80%资本公积24.0010.82-13.18-54.90%其中：库存股2.551.02-1.53-59.99%盈余公积2.472.45-0

31、.02-0.80%未分配利润15.3015.890.593.89%其他综合收益-0.110.100.20-189.19%口 S npjvrK匚右与痴兴60.3054.05-6.25-10.36%归属半公口用1句旧权过口计少数股东权益4.353.34-1.00-23.12%所有者权益合计64.6457.39-7.25-11.22%负债与所有者权益总计100.00100.00-0.00%2.2 利润表分析2.2.1 水平趋势分析表格7 2018年度水平分析Table 7 Horizontal Analysis In 2018项目（万元）2017 年2018 年变动额变动比影响总收入营业总收入268

32、,256.84340,669.7572,412.9126.99%26.99%营业收入268,256.84340,669.7572,412.9126.99%26.99%营业总成本245,682.69316,410.5970,727.9128.79%26.37%营业成本203,968.92272,702.2268,733.3033.70%25.62%营业税金及附加1,729.732,176.03446.3025.80%0.17%销售费用9,592.0011,168.381,576.3816.43%0.59%管理费用25,151.6928,895.553,743.8614.89%1.40%财务费用4

33、,034.25-1,256.17-5,290.43-131.14%-1.97%资产减值损失1,206.102,724.581,518.49125.90%0.57%公允价值变动收益-26.24-29.54-3.3012.59%0.00%投资收益742.78-243.89-986.68-132.84%-0.37%其中：对联营和合营企业的投资收益-7.28-18.59-11.31155.24%0.00%其他业务利润2,686.503,271.61585.1221.78%0.22%营业利润25,977.1827,257.321,280.144.93%0.48%营业外收入67.32120.6153.29

34、79.16%0.02%营业外支出593.67221.67-372.00-62.66%-0.14%利润总额25,450.8427,156.271,705.436.70%0.64%所得税费用2,978.443,480.76502.3116.86%0.19%净利润22,472.3923,675.511,203.125.35%0.45%归属于母公司所有者的净利润21,001.9322,218.661,216.735.79%0.45%少数股东损益1,470.461,456.85-13.61-0.93%-0.01%基本每股收益0.000.00-0.00-31.25%0.00%稀释每股收益0.000.00-

35、0.00-29.03%0.00%其他综合收益（损失）-329.34724.191,053.53-319.90%0.39%综合收益总额22,143.0624,399.712,256.6510.19%0.84%归属于母公司所有者的综合收益20,672.6022,942.852,270.2610.98%0.85%归属少数股东的综合收益1,470.461,456.85-13.61-0.93%-0.01%2.2.2 垂直结构分析表格8 2018年度垂直分析Table 8 Vertical Analysis In 2018项目（万元）2017 年2018 年变动变动比营业总收入100.00100.00-0

36、.00%营业收入100.00100.00-0.00%营业总成本91.5892.881.291.41%宫业成本76.0380.054.015.28%营业税金及附加0.640.64-0.01-0.94%销售费用3.583.28-0.30-8.31%管理费用9.388.48-0.89-9.53%财务费用1.50-0.37-1.87-124.52%资产减值损失0.450.800.3577.88%公允价值艾动收益-0.01-0.010.00-11.35%投资收益0.28-0.07-0.35-125.86%其中：对联营和合营企业的投资收益-0.00-0.01-0.00100.99%其他业务利润1.000.

37、96-0.04-4.11%营业利润9.688.00-1.68-17.38%营业外收入0.030.040.0141.08%营业外支出0.220.07-0.16-70.60%利润总额9.497.97-1.52-15.98%所得税费用1.111.02-0.09-7.98%净利润8.386.95-1.43-17.04%归属于母公司所有者的净利润7.836.52-1.31-16.69%少数股东损益0.550.43-0.12-21.98%基本每股收益0.000.00-0.00-45.86%稀释每股收益0.000.00-0.00-44.12%其他综合收益（损失）-0.120.210.34-273.15%综合

38、收益总额8.257.16-1.09-13.23%归属于母公司所有者的综合收益7.716.73-0.97-12.61%归属少数股东的综合收益0.550.43-0.12-21.98%2.3 现金流量表分析2.3.1 水平趋势分析表格9 2018年度水平分析Table 9 Horizontal Analysis In 2018项目（万元）2017 年2018 年变动额变动比影响期末额销售商品、提供劳务收到的现金249,893.34323,594.3873,701.0329.49%178.83%收到的税费返还12,111.1423,218.6411,107.5091.71%26.95%收到的其他与经营

39、活动有关的现金1,967.922,947.66979.7449.79%2.38%购买商品、接受劳务支付的现金179,778.08244,478.1964,700.1135.99%156.99%支付给职工以及为职工支付的现金44,424.5960,557.8616,133.2836.32%39.15%支付的各项税费8,277.638,148.82-128.81-1.56%-0.31%支付其他与经营活动有关的现金10,812.8612,547.741,734.8816.04%4.21%经营活动产生的现金流量净额20,679.2424,028.063,348.8216.19%8.13%收回投资收到的

40、现金91,660.6048,594.24-43,066.36-46.98%-104.50%取得投资收益收到的现金750.06396.20-353.86-47.18%-0.86%处置长期资产收回的现金净额223.3184.38-138.94-62.22%-0.34%购建长期资产支付的现金31,237.2740,723.579,486.2930.37%23.02%投资支付的现金66,093.2561,897.28-4,195.97-6.35%-10.18%取得其他营业单位支付的现金-244.79244.790.00%0.59%支付其他与投资活动有关的现金1,140.00378.97-761.03-

41、66.76%-1.85%投资活动产生的现金流量净额-5,836.55-54,169.79-48,333.24828.11%-117.28%吸收投资收到的现金564.96-564.96-100.00%-1.37%吸收权益性投资收到的现金564.96-564.96-100.00%-1.37%取得借款收到的现金3,600.0063,900.0060,300.001675.00%146.32%收到其他与筹资活动有关的现金5,508.774,043.79-1,464.98-26.59%-3.55%偿还债务支付的现金260.0017,900.0017,640.006784.62%42.80%分配股利.利润

42、或利息支付的现金6,915.9010,262.513,346.6148.39%8.12%其中：子公司支付给少数股东的现金52.662,208.842,156.174094.14%5.23%支付其他与筹资活动有关的现金4,159.188,815.904,656.72111.96%11.30%筹资活动产生的现金流量净额-1,661.3430,965.3832,626.73-1963.87%79.17%汇率变动对现金的影响-1,476.58940.622,417.20-163.70%5.87%现金及现金等价物净增加额11,704.771,764.27-9,940.49-84.93%-24.12%期初

43、现金及现金等价物余额29,507.3741,212.1411,704.7739.67%28.40%期末现金及现金等价物余额41,212.1442,976.411,764.274.28%4.28%2.3.2 垂直结构分析表格10 2018年度垂直分析Table 10 Vertical Analysis In 2018项目（万元）2016 年2017 年变动变动比销售商品、提供劳务收到的现金606.36752.96146.6024.18%收到的税费返还29.3954.0324.6483.84%收到的其他与经营活动有美的现金4.786.862.0843.64%购买商品、接受劳务支付的现金436.23

44、568.87132.6430.41%支付给职工以及为职工支付的现金107.79140.9133.1130.72%支付的各项税费20.0918.96-1.12-5.60%支付其他与经营活动有美的现金26.2429.202.9611.28%经营活动产生的现金流量净额50.1855.915.7311.42%收回投资收到的现金222.41113.07-109.34-49.16%取得投资收益收到的现金1.820.92-0.90-49.35%处置长期资产收回的现金净额0.540.20-0.35-63.77%购建长期资产支付的现金75.8094.7618.9625.02%投资支付的现金160.37144.0

45、3-16.35-10.19%取得其他营业单位支付的现金-0.570.570.00%支付其他与投资活动有美的现金2.770.88-1.88-68.12%投资活动产生的现金流量净额-14.16-126.05-111.88790.01%吸收投资收到的现金1.37-1.37-100.00%吸收权益性投资收到的现金1.37-1.37-100.00%取得借款收到的现金8.74148.69139.951602.13%收到其他与筹资活动有美的现金13.379.41-3.96-29.61%偿还债务支付的现金0.6341.6541.026501.99%分配股利.利润或利息支付的现金16.7823.887.1042

46、.30%其中：子公司支付给少数股东的现金0.135.145.013921.96%支付其他与筹资活动有美的现金10.0920.5110.42103.26%筹资活动产生的现金流量净额-4.0372.0576.08-1887.36%汇率艾动对现金的影响-3.582.195.77-161.09%现金及现金等价物净增加额28.404.11-24.30-85.55%期初现金及现金等价物余额71.6095.8924.3033.93%期末现金及现金等价物余额100.00100.00-0.00%2.4 所有者权益变动表分析2.4.1 水平趋势分析表格11 2018年度水平分析Table 11 Horizontal Analysis In 2018项目（万元）2017 年2018 年变动额变动比影响期末额上期期末余额184,084.42207,445.0023,360.5812.69%11.26%本期期初余额184,084.42207,445.0023,360.5812.69%11.26%本期增减变动金额23,360.5719,191.30-4,169.28-17.85%-2.01%综合收益总额22,143.0624,399.712,256.6510.19%1.09%所有者投入和减少资本1,289.39161.91-1,