金融街控股公司财务分析.docx

从 2007 年上半年开始，我国的宏观经济和房地产市场开始表现出低迷态 势，进入 2008 年以来，受之前年度国家金融调控和房地产宏观调控政策结果集 中体现的影响，房地产市场观望气氛浓厚，需求难以得到有效释放，加之金融危 机愈演愈烈对购房者预期和信心造成的打击，成交量、交易价格均出现波动走势， 房地产市场进入阶段性调整。北京金融街控股股份有限公司是中国房地产市场上 实力最强的地产商之一，是北京的地产龙头，是 A 股上市公司。本文力图对金 融街的财务状况进行客观的分析，帮助管理者比较全面地了解这家公司和房地产 行业的特点，从而为管理者做出正确的决策提供参考。 本文选择比率分析作为财务分析的方法，对公司 2005 年-2008 年的财务报 表进行分析。本文首先对公司的基本情况进行阐述。然后针对公司 2005-2008 年的财务报表，对公司的偿债能力，营运能力以及盈利能力做出评价；运用杜邦 分析法综合评价了公司 2008 年的财务状况。最后，指出公司目前存在的问题， 并给出相应的建议。 关键词：财务分析，比率分析，偿债能力，杜邦分析法 Abstract From the beginning of 2007,Chinas macro-economic and real estate market began to show the situation in the doldrums。 When 2008 comes, the year before the countrys financial regulation and real estate focus on the results of macro-control policies reflect the impact of wait-and-see atmosphere of the real estate market strong, effective demand can hardly be released In addition to the financial crisis intensified and confidence of buyers is expected to result in blow volume, trading price fluctuations in the trend of the real estate market to enter the stage of adjustment. Financial Street Holding Co., Ltd is Chinas real estate market, the most powerful real estate developers is one of Beijings real estate leader, is A-share listed Companies. The paper is aimed at analyzing the financial status and prospect of Financial Street Holding, and helping the managers have a good understand of Financial Street Holding and the specialty of the real estate industry, so as to provide a reference to managers. The paper selected ratio analysis approaches to employ financial statement analysis to 2005-2008 annual financial reports. This article firstly expatiate the basic theory of financial analysis. Then evaluate the company’s Solvency, Liquidity and Profitability according to the company’s annual report from 2005 to 2008.Using the Du Pont System of Financial Analysis to compare the company’s financial status 2008 with that of the average level of the listed company in conclusion point out the problem that