郑州宇通客车财务分析报告.doc

第 PAGE 21 页 共 NUMPAGES 21 页 郑州宇通客车股份有限公司2008年财务报表分析报告 目录 一、公司简介························································1 二、财务比率分析····················································2 （一）偿债能力分析··················································2 （二）盈利能力分析··················································4 （三）营运能力分析···················································4 （四）发展能力分析···················································5 三、杜邦财务体系分析···············································6 四、利润质量分析·····················································7 （一）总体分析··············································7 （二）销售回款情况分析·····················9 （三）投资收益分析··················································10 五、资产质量分析···················································10 （一）货币资金质量分析··········································10 （二）固定资产、无形资产质量分析································11 （三）应收账款质量分析··········································12 （四）存货质量分析·············································13 （五）长期股权投资质量分析······································14 六、现金流量质量分析·····································15 （一）经营活动现金流质量分析······································15 （二）投资活动现金流质量分析·······························16 （三）筹资活动现金流分析····································17 七、资本结构质量分析················································17 （一）流动负债及其质量分析······································17 （二）所有者权益及其质量分析··································19 八、总结·························································21 九、财务报表附录·················································22 一、郑州宇通简介： 郑州宇通集团有限公司（简称“宇通集团”）是以客车为核心、以工程机械、汽车零部件、房地产为战略业务、兼顾其他投资业务的大型企业集团，总部位于河南省郑州市。2008年，宇通集团连续第六年荣列国家统计局发布的“中国最大500 家企业集团”，第308位的最新排名较去年有大幅提升，并且继续成为行业内唯一入选的企业。2008 年，宇通集团销售客车、工程机械、专用车合计31667 台，比2007 年28839 台增长2828 台、增幅9.8%；共实现营业额140.78 亿元，比2007 年125.88 亿增长14.90 亿、增幅12%。企业规模、销售业绩在行业继续位列第一。 2008年度，宇通集团客车产品销售27556辆，同比增长8%。集团核心企业郑州宇通客车股份有限公司(下称“宇通客车”)位于郑州宇通工业园，占地面积112万平方米，日产整车能力达到120台以上，目前已发展成为世界规模最大、工艺技术条件最先进的大中型客车生产基地。公司于1997年在上海证券交易所上市（简称“宇通客车”，代码600066），是国内客