杜邦分析法在财务分析中的应用

Underthesituationthatthemarketcompetitionhasbecomemoreandmorefierce,thefinancialmanagementhasplayingacoreroleintheenterprisegradually.Meanwhile,financialanalysishasbecomeanimportantapproachmenttoresearchtheenterprise-financialmanagementasitsdirect,objectivecharacteristics.Theeconomyisdeveloping,themethodoffinancialanalysisisalsoinprogress,atthesametime,theDupontanalysissystemwhichhasbecomemoreandmoreperfecthasbeenadoptedbymoreandmorefinancialanalysts,andhasdevelopedintoainfluentialcomprehensivefinancialanalysismethodinmanycountries.ThispaperusingDupontmodelasresearchenterprisefinancialmanagement,analysisenterpriseoperatingperformanceandfinancialstatusofthethinkingframework,withfinancialratiosofcomprehensivearethestrongest,themostrepresentative,canmanifestthestockholderwealthmaximizationgoalofshareholders'equityreturnrateasthecoreindex,accordingtotheDupontmodelfromprofitability,operationability,capitalstructurethreeaspectsestablishenterprisefinancialmanagementresearchanalysissystem,andtheinfluenceofthesethreepartsonefinancialprojectanalysis,accordingtotheabovedesign,fidelitytofinancialmanagementstatusandbusinessperformanceevaluationandanalysis,andpointsoutthatinthecostcontrol,assetsoperationoftheproblemandmakeSuggestions.Keywords:Dupontanalysis；Financialstatementanalysis；Shareholders'equityreturnrate目录2008年2009年2010年货币资金746,054.435,722,368.1118,680,278.78应收票据14,995,137.6523,167,732.8734,486,875.81应收账款4,673,110.495,514,736.447,725,458.92其他应收款28,183,742.2028,451,815.5145,456,142.82存货54,241,181.92115,092,069.9537,222,205.86流动资产合计：109,653,715.69178,048,722.88143,570,962.19长期股权投资25,566,008.0125,566,908.01固定资产73,444,722.6184,382,073.4076,963,796.25在建工程70,932.4035,017.00工程物资16,019,874.711,460,893.931,453,937.23其他非流动资产10,979,076.33非流动资产合计：100,683,647.73111,444,885.3489,396,809.81资产合计：310,337,363.42289,493,608.22232,967,772.00短期借款670,281.00670,281.0032,000,000.00应付账款35,639,058.6147,506,921.53-697,148.96应付职工薪酬1,491,024.42应缴税费4,785,937.867,249,738.46400,791.31应付股利128,000,000.00其他应付款801,816.75994,628.641,379,036.49其他流动负债1,804,910.52流动负债合计：43,702,004.7456,421,469.63162,573,703.26长期借款11,135,258.0415,672,619.0615,572,619.06专项应付款381,800.00430,000.00630,000.00非流动负债合计：11,517,058.0416,102,619.0616,202,619.06负债合计：55,219,062.7872,524,188.69178,776,322.32股本18,334,654.4918,000,000.0018,000,000.00资本公积8,454,422.0210,554,876.5110,750,076.51未分配利润128,329,224.13188,414,543.0225,441,373.17股东权益合计：155,118,300.64216,969,419.5354,191,499.68负债及股东权益合计：310,337,363.42289,493,608.22232,967,772.002008年2009年2010年销售收入238,714,546.11274,689,030.42236,528,023.29减：营业本钱158,520,546.11159,355,111.03158,171,711.53销售费用21,229,096.0620,448,622.5217,923,928.84管理费用11,580,872.3313,035,984.0520,342,129.24财务费用2,760,874.884,190,623.111,531,322.45营业利润44,622,828.6077,658,699.7138,558,931.23加：营业外收入2,346.002,070.004,630.00减：营业外