泸州老窖2014年度财务报表分析.pdf.docxVIP

2015——2016 学年第 2 学期河北经贸大学期末考试试卷《财务报告分析》泸州老窖公司年度财务报告分析姓名学号分工成绩祁紫薇20132246080934%刘小雪20132247103133%戎春霞20132247102533%目录一、泸州老窖公司 2014 年度财务报表………………………………………3二、泸州老窖公司战略导航………………………………………………………14三、泸州老窖公司资产负债表分析（基于水平分析和垂直分析）………………17（一）资产质量分析（二）负债质量分析（三）资本结构质量分析四、泸州老窖公司利润质量分析（基于水平分析和垂直分析）…………………33五、泸州老窖公司现金流量质量分析（基于水平分析和垂直分析）……………41六、对合并报表与企业财务状况质量的分析……………………………………………60七、泸州老窖公司基本的财务比率分析………………………………………………63八、对泸州老窖公司企业财务状况质量的总体评价…………………………………73九、对 泸州老窖公司发展前景的预测…………………………… ………… 77评分表………………………………………………………………………………79一、泸州老窖公司 2014 年度财务报表资产负债垂直分析表项目2014 年2013 年2012 年结构占比（%）流动资产：2014 年2013 年2012 年货币资产4,709,607,474.335,349,434,667.266,942,008,562.7135.76%38.47%44.58%交易性金融资产应收票据1,456,912,013.032,997,342,876.912,789,726,550.3411.06%21.55%17.91%应收账款4,705,568.2910,092,949.0980,473,364.770.04%0.07%0.52%预付款项124,025,264.611,924,443.1516,200,911.850.94%0.01%0.10%应收利息15,356,850.0037,312,855.560.12%0.27%0.00%应收股利其他应收款317,639,367.0421,088,072.4711,890,861.762.41%0.15%0.08%存货2,826,992,567.862,414,766,803.872,911,818,746.1621.46%17.36%18.70%一年内到期的非流动资产其他流动资464,347,488.57153,985,676.273.53%1.11%0.00%产流动资产合9,919,586,593.7310,985,948,344.5812,752,118,997.5975.31%79.00%81.89%计非流动资产：可供出售的61,975,905.4554,341,391.000.47%0.39%0.00%金融资产持有至到期投资长期应收款长期股权投1,222,154,508.741,074,652,665.331,052,012,662.869.28%7.73%6.76%资投资性房地产固定资产1,086,492,487.541,111,320,670.78997,840,656.148.25%7.99%6.41%在建工程285,439,418.78248,331,118.04184,561,514.712.17%1.79%1.19%工程物资固定资产清理无形资产251,461,871.32259,722,304.63281,186,415.121.91%1.87%1.81%开发支出商誉长期待摊费88,401.43531,080.53695,105.23用递延所得税333,042,004.28161,258,511.84304,561,086.172.53%1.16%1.96%资产其他非流动10,577,778.2110,577,778.210.08%0.08%0.00%资产非流动资产3,251,232,375.752,920,735,520.362,820,857,440.2324.69%21.00%18.11%合计资产合计13,170,818,969.4813,906,683,864.9415,572,976,437.82100.00%100.00%100.00%负债及股东权益流动负债：短期借款交易性金融负债应付票据126,410,000.00253,650,000.00432,060,000.003.74%7.77%7.45%应付账款236,850,161.31586,734,365.57625,586,652.897.01%17.98%10.78%预收款项2,311,650,251.321,563,052,014.852,962,566,130.2