杜邦分析法在财务分析中的应用杜邦分析法在财务分析中的应用.doc

杜邦分析法在财务分析中的应用 ——以富达汽车销售服务有限公司Abstract Under the situation that the market competition has become more and more fierce,the financial management has playing a core role in the enterprise gradually. Meanwhile,financial analysis has become an important approachment to research the enterprise-financial management as its direct,objective characteristics. The economy is developing ,the method of financial analysis is also in progress ,at the same time,the Dupont analysis system which has become more and more perfect has been adopted by more and more financial analysts, and has developed into a influential comprehensive financial analysis method in many countries. This paper using Dupont model as research enterprise financial management, analysis enterprise operating performance and financial status of the thinking framework, with financial ratios of comprehensive are the strongest, the most representative, can manifest the stockholder wealth maximization goal of shareholders equity return rate as the core index, according to the Dupont model from profitability, operation ability, capital structure three aspects establish enterprise financial management research analysis system, and the influence of these three parts one financial project analysis, according to the above design, fidelity to financial management status and business performance evaluation and analysis, and points out that in the cost control, assets operation of the problem and make Suggestions. Key words : Dupont analysis；Financial statement analysisShareholders equity return rate 目　录 1.引 言 1 2．杜邦分析法及其分析 2 2.1杜邦分析法 2 2.2杜邦分析法基本原理 2 2.2.1杜邦分析法中各指标的计算 2 2.2.2杜邦分析体系各财务指标之间的关系 2 2.2.3杜邦分析法中主要指标解释 3 2.2.4杜邦分析法与财务信息之间的关系 4 3．富达汽车销售服务有限公司的简介及财务状况 4 3.1富达汽车销售服务有限公司简介 4 3.2富达汽车销售服务有限公司财务状况 5 4．杜邦分析法在富达汽车销售服务有限公司财务分析中的应用 5 4.1股东权益报酬率分析 5 4.1.1股东权益报酬率双因素分析 6 4.1.2股东权益报酬率三因素分析 7 4.2盈利能力分析 8 4.2.1销售收入分析 8 4.2.2成本费用分析 9 4.3营运能力分析 9 4.3.1应收账款周转率分析 9 4.3.2存货周转率的分析 9 4.3.3固定资产周转率分析 10 4.4权益乘数的分析 10 5．对富达汽车销售服务有限公司的建议 10