宋洁万科企业股份有限公司财务分析论文——七稿6.4.docVIP

南京林业大学 本科毕业设计（论文） 题 目： 万科企业股份有限公司财务分析万科企业股份有限公司财务分析近年来房价的不断上涨，使我国房地产业热度不断提高，房地产业也得到迅速发展房地产上调银行存贷款利率、控制二次购房与投机性购房、控制拆迁规模等的宏观调控政策Financial Analysis of China Vanke Company Limited Abstract In recent years，with the rising prices of the house in china ,the real estate industry heat increase constantly and the real estate industry develop rapidly. A series of macro-control policies has been taken by the government such as raise bank deposit and lending rates, control the secondary and speculative buyers, control the scale of demolition, all of these measures make the real estate enterprises more competitive. This paper make a comprehensive analysis of the China vanke Co., LTD s business strategy, profitability, operational capacity, solvency ,development capacity and the corporate finance according to the expanding assets, rapid development and steady growth of overall performance of the vanke company in recent years. Comparative analysis, factor analysis, ratio analysis and DuPont analysis and other methods are used in the paper based on the vanke 2008-2010 financial statements and related financial data. In the analysis, we found many problems such as large inventory，less solvent，decreased operating capacity and some other aspects problems. At last we get follow conclusion: although vanke has a leading position in the same industry, large inventory is still a problem can not be ignored. In the solvency point of view, both short-term solvency and long-term solvency have a certain guarantee, but the current ratio, quick ratio and cash ratio also have a slight gap when compared with the standard .And these show the debt issues still exist. Also, the operational capacity fell slightly, the total asset turnover, inventory turnover and receivables turnover ratio especially, the quality of corporate assets need to be improved. Further improvement of inventory and accounts receivable turnover is necessary, especially the low rate of inventory turnover need to be improved