长城汽车股份有限公司财务分析.docVIP

目录 一、公司简介·······················································4 （一）、公司简介·················································4 （二）、主要产品·················································4 二、战略分析·······················································4 （一）、全球经济形势··············································5 （二）、行业地位··················································6 三、会计分析·······················································10 （一）、资产负债表分析············································10 （二）、利润表分析·········································17 （三）、现金流量表分析·····································21 四、财务比率分析··················································24 （一）根据财务报表计算出各项财务指标数据······················24 （二）、投资与收益分析··········································24 （三）、偿债能力分析············································25 （四）、盈利能力分析············································26 （五）、营运能力分析·············································27 （六）、资本结构分析·············································28 五、总结和建议····················································29 （一）、总结····················································29 （二）、建议·····················································29 上市公司财务分析 ——长城汽车公司财务分析 摘 要：财务分析是以财务会计报表所反映的财务会计信息为依据，采用专门的方法，系统分析和评价公司过去和现在的经营成果、财务状况及其现金流量的一种理财行为，其最基本的功能是将大量的会计数据转换成对特定决策有用的信息。本文主要，期上市公司? ?全球经济复苏趋缓，下行风险加大。发达国家失业率居高不下，私人需求疲弱；新兴市场和发展中国家增速回落，宏观调控面临的局面更加复杂；欧洲主权债务危机持续升级，美国长期主权信用评级被下调，国际金融市场反复大幅波动；与此同时，大宗商品价格高位震荡，全球通胀压力依然较大。????当前，世界经济下行风险加大，国际货币基金组织甚至认为世界经济处在新的危险阶段，近期将今明两年世界经济增速预测分别下调至4.0%。从发展态势看，虽然欧洲主权债务危机仍有可能深化，甚至拖累欧洲乃至全球经济复苏，但只要有关国家携手有效应对，世界经济还是能够避免出现二次衰退，明年世界经济仍有望维持低速增长态势。 ???（1）大宗商品价格仍将高位剧烈震荡 今年以来，国际市场大宗商品价格震荡剧烈。年初，受世界经济复苏较快，全球流动性过剩加剧，以及中东北非地区局势动荡等因素影响，大宗商品价格持续攀升。纽约西德克萨斯轻质原油价格（WTI原油价格）由年初的91美元/桶增至5月初的110美元/桶左右，增幅达21%；而北海布伦特原油价格（BRT原油价格）则由年初的95美元/桶增至5月初的 126美元/桶，增幅达30%。随后，由于诸多宏观经济指标显示未来全球经济增速可能趋缓，市场对未来大宗商品供求关系预期有所缓和，全球大宗商品价格进入高位小幅震荡状态。????美国通货膨胀压力上升。今年5-7月，美国总体通胀率一直保持在3.6%，为2008年11月以来的历史高位。能源消费价格上涨是拉升美国总体通胀率的主要因素。5-7月居民能源消费价格指数年增长率分别达21.5%、20.1%和19%。7月美国核心通胀率为1.8%