无锡尚德太阳能电力有限公司破产的原因—基于财务报表的分析.docxVIP

无锡尚德太阳能电力有限公司破产的原因一基于财务报表的分析 摘要 2013年3月18日，无锡尚德的债权银行联合向无锡市中级人民法院递交无锡尚德破产 重整申请。经法院审查，于 20日正式裁定对无锡尚德实施破产重整。这一消息在业界和海 内外引起了较大的轰动，人们不禁想问：是什么原因导致了无锡尚德神话的破灭？ 财务报表分析，又称财务分析，是通过收集、整理企业财务会计报告中的有关数据，并 结合其他有关补充信息，对企业的财务状况、经营成果和现金流量情况进行综合比较和评价， 为财务会计报告使用者提供管理决策和控制依据的一项管理工作。 本文在无锡尚德的财务报表的基础之上， 分别对其短期偿债能力、 长期偿债能力、营运 能力和盈利能力进行了财务比率的对比分析，并且运用杜邦分析法对其进行了综合财务分 析。得出结论：锡尚德太阳能电力有限公司破产的原因主要是公司过度扩张， 严重负债经营。 在长、在短期偿债能力急剧下降的情况下， 其营业费用大幅度的上升， 超过了收入的增长速 度，使得营业收入变成了负值。公司没有钱偿还短期债务，最终导致破产重组。 关键字：无锡尚德 破产重组 财务报表分析 Abstract On March 18, 2013, suntechs creditor banks joint to wuxi city intermediate peoples court to submit an application for suntech s bankruptcy .The court officially agree this application on March 20, 2013. The news caused a great sensation both at home and abroad.people can not help asking: what break up suntech s myth? Financial statement analysis, also known as financial analysis, it is by collecting, sorting data related to the process of the enterprise financial and accounting reports, and combined with other relevant supplementary information, to the enterprises financial position, operating results and cash flow situation carries on the comprehensive comparison and evaluation, to provide users of financial reports management decision-making and control on the basis of a management job. In this paper, on the basis of the financial statements of the suntech, respectively, the short-term solvency, long-term solvency, operation ability and profitability has carried on the contrastive analysis of the financial ratios, and using the du pont analysis method for the comprehensive financial analysis. Conclusion: tin suntech power co., LTD. Main reason for the bankruptcy is overextended, serious indebtedness. At length, in the case of a sharp decline in short-term debt paying ability, its operating expenses rise, substantially more than the income growth rate, makes the operating income turned negative. No money to repay the short-term debt of the company, and eventually led to the bank