财务分析表分析.docx

细心整理
财务分析表分析
万科上市公司财务报表的初步解 纵向分析
1 资产负债表分析
2011-12-31 2010-12-31 2009-12-31 工程名称 余额(万元) 百分比% 余额(万元) 百分比% 余额(万元) 百分injured officers sent out rescue, have procedures to deal with accidents, incidents, maximum reduction in casualties and property loss. (3) If an accident occurs, press Division in advance for emergency personnel cleared, concentrate manpower and material and financial resources to rescue the injured, decrease of the maximum loss. (4) after the accident processing work (5) identified the cause of the accident and the person responsible. (6) the written report to the supervisor in writing, including the time and place of the accident, injury (death) person's name, sex, age, trades, injuries, injuries. (7) the development of effective preventive measures to prevent such accidents from happening again. (8) education of all personnel of the organization. (9) informed criticism of those responsible. (10) all personnel read out the results, and responsible disposal. (11) maintenance of emergency supplies, maintenance and testing ? strengthening the day-to-day management of the various fire fighting equipment fire-fighting equipment, authorities should be staffed, equipped with fire extinguishers. Fire hydrants identified person responsible for regularly inspecting, testing, at any time in good condition. ? Guard monthly check-fire extinguishers and fire-fighting equipment. ? once every quarter, inspections and tests of a fire hydrant in good condition. 2), plans to develop (1) casualties occurred in construction, such as accidents or accidents of the direct economic
细心整理
变动幅度 工程 2011-12-31 2010-12-31
细心整理
短期借款 172,444 147,800 % 应付账款 2,974,581 1,692,377 % 预收款项 11,110,171 7,440,519 % 一年内到期的非流淌负债 2,184,582 1,530,569 %
图二:万科近三年负债构造及变动表
万科负债构造中主要以长期借款为主，缘由主要在于房地产行业普遍存在以银行融资为主的单一融资渠道。长期借款的筹资费用也比拟低。存货激增的同时，短期负债也出现大幅上升，持有的现金及现金等价物却大幅削减。应付账款增加是由于工程量的增加。一年内到期的非流淌负债大幅上升，说明万科近期的还款压力很大。流淌比例近三年都大于1，说明资产流淌性较好，有足够的实力归还流淌负债。
2 利润表分析
1.