教案泰尔重工股份有限公司2013年度财务分析报告.docxVIP

泰尔重工股份有限公司（代码002347）2013年度财务分析报告J11033xxx 一、Preliminary financial analysisTaier Heavy Industry Co., Ltd. is a good corporate in heavy industry. And listed in 2010 at The Shenzhen Stock Exchange . It’s has two subsidiaries?,they are taier industry and?trade?co.,?ltd. and power?transmission?mechanism?co.,?ltd. China first heavy industries (CFHI) is his joint stock company.二、Sales analysis by sourceThis is Taier s sales by divisions in 2013. And we know his main business is in China by this chart . Taier s sales by divisionsExhibits 2-1三、Comprehensive financial statementsComprehensive financial statements for Taier Heavy Machinery for years 2011 through 2013 are presented in Exhibits 3-1,3-2,3-3(financial statements and related information for Taier Heavy Machinery). My opinion on its financial statements for the recently 3 years see blow.Income statementFor years 2011 through 2013 (in ten thousand)Account \Time2013-12-312012-12-312011-12-31Net income1452.734268.196707.23Total operating revenue35801.9340674.6740324.72Operating revenue35801.9340674.6740324.72Total operating cost34194.2235222.8933100.28Operating cost21702.0224536.1425582.54Operating income1544.584683.437437.73Invest income-63.13-768.34213.29Including：Return on investment in the joint venture and affiliates company-78.13-785.34196.68asset impairment loss1770.521059.3-121.77General and administrative5350.945168.124697.13Sales and marketing4521.614102.473133.85Financial expense 617.1578.2-393.16Non-business income500.85740.72813.01Non-business expenditure155.0799.4683.91Business tax and surcharges231.98278.67201.69Total profit1890.355324.698166.83Income tax 435.641047.021422.12Total comprehensive income1454.724277.676744.71Total comprehensive income?to parent company 1452.734268.196707.23Total comprehensive income?to Minority equity1.989.4837.49Exhibits 3-1The statement of cash flowFor years 2011 through 2013 (in ten thousand)Account \Time2013-12-312012-12-312011-12-31Received from sales of goods ,