09年沃尔沃财务报表精品文档14页

**集团2009年上半年财务分析二00九年是企业的营销年，上半年在集团正确领导下，在广大干部职工的共同努力下，克服经济危机、市场竞争等诸多不利因素的影响，公司的业务上半年呈平稳运营的态势。

现将财务状况分析如下：一、主要经济指标完成情况1、商品销售收入（统计口径）上半年实现7158万元，为年计划16470万元的43.46%，比去年同期7404 万元少实现246万元，减少3.32%。

2、上半年报表费用总额1054万元，为计划2272.7万元的46.38%。

3、会计报表实现毛利605万元，同比减少13万元4、利润总额帐面体现-63万元，与同期持平。

二、对各项指标分析（一）、对商品销售收入的分析：（见附表一）上半年实现销售额7158万元，比同期7404万元少实现246万元。

其中下降幅度较大的商场有：针织商场下降382万元、化妆商场下降134万元、鞋帽商场下降117万元、服装商场下降103万元、家电商场下降75万元。

商场销售减少的原因：1、全球性金融危机的蔓延，在我市最突出的体现是主体产业鞍钢的大幅度减薪，对于百货零售业产生的负面影响。

上半年集团仅羽绒服销售同比减少144.19万元、电器类商品销售下降75万元。

2、气候多变及甲型H1流感因素的影响。

近年来极端气候变化多样，使得过渡性日用消费的需求大大减少，如针织类商品销售同比减少382万元、鞋类商品销售减少117万元。

3、市场竞争激烈，购方需求趋淡。

苏宁、国美入住站前商业街抢占了市场份额，使得电器类商品销售下降75万元。

4、在中国互联网行业的强劲发展以及国际金融危机影响的双重背景下，越来越多的中国网民开始青睐网上购物，无疑已对我们零售百货业的销售态势形成冲击。

（二）、对利润的分析（见附表二）2009年上半年，集团报表体现-63万元，与上年同期持平。

1、上半年毛利额为605万元。

比上年同期618万元下降13万元，影响利润比同期少实现13万元。

上半年毛利率为25.08%，比同期24.81%上升0.28%。

2009年一季度财务分析§1 报告目录一、利润分析（一）集团利润额增减变动分析1.水平分析2.结构分析（二）各生产分部利润分析1、生产本部（含QY分厂）利润增减变动分析：2、一季度AY分公司利润增减变动分析：二、收入分析（一）销售收入结构分析：（二）销售收入的销售数量与销售价格分析：（三）销售收入的赊销情况分析三、成本费用分析（一）产品销售成本分析（二）各项费用完成情况分析四、现金流量表分析（一）现金流量表增减变动分析（二）现金流量分析五、有关财务指标分析（一）获利能力分析（二）短期偿债能力分析（三）长期偿债能力分析六、存在问题及分析（一）销售成本的增长率大于产品销售收入的增长率（二）借款增加，获利能力降低，偿债风险加大七、意见和改进措施§2重点关注现代企业竟争是管理的竟争。

面对日益萎缩的利润空间，我们需要知道：居高不下的成本究竟是客观原因还是主观原因造成的？材料利用率能否控制？现销收入能否更多些？赊销收入资金回笼能否更快些？在目前产销两旺的形势下，企业资金能否良性循环？§3问题重点综述由于人民币销售价格的同比下落，销售成本又居高不下，销售毛利率下降，利润总额同比减少50.5万元；赊销收入同比增加，不良及风险应收款项比例加大；经营现金净流量不足以抵付经营各项支出；负债及应付款项、利息增加，贷款还本付息压力加重；但销售、生产还较正常，资产负债率稍高，也算正常，目前短期还债能力较强。

2009年一季度财务分析一、利润分析：（一）集团利润额增减变动分析1、利润额增减变动水平分析⑴净利润分析：一季度公司实现净利润105.36万元，比上年同期减少了55.16万元，减幅34%。

净利润下降原因：一是由于实现利润总额比上年同期减少50.5万元，二是由于所得税税率增长，缴纳所得税同比增加4.65万元，其中利润总额减少是净利润下降的主要原因。

⑵利润总额分析：利润总额140.48万元，同比上年同期190.98万元减少50.5万元，下降26%。

本科毕业论文（设计）论文题目：沃尔玛公司的财务报表分析毕业设计（论文）原创性声明和使用授权说明原创性声明本人郑重承诺：所呈交的毕业设计（论文），是我个人在指导教师的指导下进行的研究工作及取得的成果。

尽我所知，除文中特别加以标注和致谢的地方外，不包含其他人或组织已经发表或公布过的研究成果，也不包含我为获得及其它教育机构的学位或学历而使用过的材料。

对本研究提供过帮助和做出过贡献的个人或集体，均已在文中作了明确的说明并表示了谢意。

作者签名：日期：指导教师签名：日期：使用授权说明本人完全了解大学关于收集、保存、使用毕业设计（论文）的规定，即：按照学校要求提交毕业设计（论文）的印刷本和电子版本；学校有权保存毕业设计（论文）的印刷本和电子版，并提供目录检索与阅览服务；学校可以采用影印、缩印、数字化或其它复制手段保存论文；在不以赢利为目的前提下，学校可以公布论文的部分或全部内容。

作者签名：日期：学位论文原创性声明本人郑重声明：所呈交的论文是本人在导师的指导下独立进行研究所取得的研究成果。

除了文中特别加以标注引用的内容外，本论文不包含任何其他个人或集体已经发表或撰写的成果作品。

对本文的研究做出重要贡献的个人和集体，均已在文中以明确方式标明。

本人完全意识到本声明的法律后果由本人承担。

作者签名：日期：年月日学位论文版权使用授权书本学位论文作者完全了解学校有关保留、使用学位论文的规定，同意学校保留并向国家有关部门或机构送交论文的复印件和电子版，允许论文被查阅和借阅。

本人授权大学可以将本学位论文的全部或部分内容编入有关数据库进行检索，可以采用影印、缩印或扫描等复制手段保存和汇编本学位论文。

涉密论文按学校规定处理。

作者签名：日期：年月日导师签名：日期：年月日注意事项1.设计（论文）的内容包括：1）封面（按教务处制定的标准封面格式制作）2）原创性声明3）中文摘要（300字左右）、关键词4）外文摘要、关键词5）目次页（附件不统一编入）6）论文主体部分：引言（或绪论）、正文、结论7）参考文献8）致谢9）附录（对论文支持必要时）2.论文字数要求：理工类设计（论文）正文字数不少于1万字（不包括图纸、程序清单等），文科类论文正文字数不少于1.2万字。

MillionConsolidated income statementsSEK M 2008 2009 Net sales Note 7304,642 218,361 Cost of sales (238,928) (186,167) Gross income65,713 32,194Research and development expenses Note 7(14,348) (13,193) Selling expenses (27,129) (25,334) Administrative expenses (6,940) (5,863) Other operating income and expenses Note 8(1,539) (4,798)Income from investments in associated companiesNote7, 925 (14)Income from other investments Note 1069 (6) Operating income Note 715,851 (17,013)Interest income and similar credits 1,171 390 Interest expenses and similar charges (1,935) (3,559) Other financial income and expenses Note 11(1,077) (392) Income after financial items14,010 (20,573)Income taxes Note 12(3,994) 5,889 Income for the period10,016 (14,685)Attributable to:Equity holders of the parent company 9,942 (14,718) Minority interests Note 1374 3310,016 (14,685)Basic earnings per share, SEK Note23 4.90 (7.26)Diluted earnings per share, SEK Note 23 4.90 (7.26)Consolidated balance sheetsSEK MDecember 31, 2008 D ecember 31, 2009 AssetsNon-current assetsIntangible assets Note 14 43,958 41,628Tangible assetsNote 14Property, plant and equipment 56,248 54,289 Investment property1,022 991 Assets under operating leases 25,429 82,699 20,388 75,668Financial assetsAssociated companiesNote 15652 588 Other shares and participationsNote 151,3011,456 Non-current customer-financing receivables Note 1650,43239,713 Deferred tax assetsNote 1211,18012,595Other comprehensive incomeIncome for the period10,016 (14,685) Exchange differences on translation of foreign operations 6,149 (1,246) Exchange differences on hedge instruments of net investment in foreign operations (414) 159 Accumulated translation difference reversed to income (82) (136)Available-for-sale investments(459) 86 Cash flow hedges(2,249)2,313 Other comprehensive income, net of income taxes 2,9451,176Total comprehensive income for the period 12,961 (13,509)Attributable to:Equity holders of the parent company 12,874 (13,561)Minority interests 875212,961 (13,509)Prepaid pensions Note 242,442 2,049 Non-current interest-bearing receivables Note 17694 585Other non-current receivables Note 173,023 69,724 3,03860,024 Total non-current assets 196,381 177,320Current assetsInventories Note 1855,045 37,727 Current receivablesCustomer-financing receivables Note 1948,057 42,264Tax assets 1,810 1,523Interest-bearing receivables Note 201,965 410 Accounts receivable Note 2030,523 21,337 Other receivables Note 2015,024 12,082Non interest-bearing assets held for sale Note4–1,684Interest-bearing assets held for sale –97,379 879,308 Marketable securities Note 215,902 16,676 Cash and cash equivalents Note 2217,712 21,234 Total current assets 176,038 154,945 Total assets372,419 332,265Shareholders’ equity and liabilitiesShareholders’ equity Note 23Share capital 2,554 2,554Additional contributed capital ––Reserves 5,078 6,235Retained earnings 66,436 72,334Income for the period 9,942 (14,718)Equity attributable to the equity holders of the parentcompany 84,010 66,405Minority interests 630 629Total shareholders’ equity 84,640 67,034Non-current provisionsProvisions for post-employment benefits Note 2411,705 8,051Provisions for deferred taxes Note 128,260 3,638Other provisions Note 258,136 28,101 6,360 18,049 Non-current liabilities Note 26Bond loans 35,798 49,191 Other loans 47,298 56,035Other liabilities 10,442 93,538 9,888 115,114Current provisions Note 2510,883 9,487Current liabilities Note 27Loans62,63151,626 Non interest-bearing liabilities held for sale Note 4–272 Trade payables 51,025 35,955 Tax liabilities 1,204 623Other liabilities40,397 155.257 34,105 122,581Total shareholders’ equity and liabilities 372,419 332,265Assets pledged Note 281,380 958 Contingent liabilitiesNote 299,4279,607Changes in consolidated Shareholders' equityShareholders´ equity attributable to equity holders of the parent companyShare Other Translation Retained Minority TotalSEK Mcapital reserves1) reserve earnings Total i nterests equityBalance at December 31, 20072,554435 1,711 77,502 82,202579 82,781Income for the period – – – 9,942 9,942 74 10,016Other comprehensive incomeTranslation differences ––6,126 –6,126 23 6,149Translation differenceson hedge instruments ofnet investments inforeign operations ––(414) –(414) –(414)Accumulated translationdifference reversed toincome ––(82) –(82) –(82)Available-for-sale investments:Note 15, 23valuation tofair value –(459) ––(459) –(459)Change in hedgereserve Note 23– (2,239) ––(2,239) (10) (2,249)Other comprehensiveincome – (2,698) 5,630 –2,932 13 2,945Total income for theperiod–(2,698)5,6309,94212,8748712,961 Transactions withshareholdersDividends –––(11,150) (11,150) (54) (11,204) Share based payments Note 34–––73 73 –73Changes in minorityinterests –––––(62) (62) Other changes –––11 11 80 91Transactions withshareholders (11,066) (11,066) (36) (11,102)Balance at December 31,20082,554(2,263)7,34176,37884,01063084,640 Income for the period –––(14,718) (14,718) 33 (14,685)Other comprehensiveincomeTranslation differences ––(1,252) –(1,252) 6 (1,246)Translation differenceson hedge instruments ofnet investments inforeign operations ––159 –159 –159Accumulated translationdifference reversed toincome ––(136) –(136) –(136)Available-for-sale investments:Note 15, 23valuation tofair value –86 ––86 –86Change in hedge reserve Note23–2,300 ––2,300 13 2,313Other comprehensiveincome for the period –2,386 (1,229) –1,157 19 1,176Total income for theperiod–2,386(1,229)(14,718)(13,561)52(13,509) Transactions withshareholdersDividends –––(4,055) (4,055) (15) (4,070) Share based payments Note 34––– 4 4 – 4Changes in minorityinterests –––––(2) (2) Other changes –––7 7 (36) (29)Transactions withshareholders (4,044) (4,044) (53) (4,097)Balance at December 31,20092,5541236,11257,61666,40562967,0341 For specification of other reservesplease see Note 23.Consolidated cash-flow statementsSEK M 2008 2009 Operating activitiesOperating income 15,851 (17,013) Depreciation and amortization Note 1413,524 15,227 Other items not affecting cash Note 30(133) 4,397 Changes in working capital:(Increase)/decrease in receivables 3,209 10,271 (Increase)/decrease incustomer finance receivables (10,174) 12,806 (Increase)/decrease in inventories (6,664) 15,225 Increase/(decrease) inliabilities and provisions (9,675) (21,387) Interest and similar items received 1,100 353 Interest and similar items paid (1,302) (2,905) Other financial items 109 (514) Income taxes paid (5,076) (1,604) Cash-flow from operating activities769 14,856Investing activitiesInvestments in fixed assets (12,664) (10,464) Investments in leasing assets (5,440) (4,246) Disposals of fixed assets and leasing assets 2,905 3,849Shares and participations, net Note 30(29) (38)Acquired and divested subsidiaries and other business units, netNote4, 30 (1,317) 149Interest-bearing receivables including marketablesecurities 10,882 (5,663) (8,866)(19,616) Cash-flow after net investments (4,894) (4,760)Financing activitiesIncrease/(decrease) in bond loans and other loans Note 3018,230 12,655Cash payment to AB Volvo shareholders' (11,150) (4,055) Dividends to minority shareholders (54) (15)Other 8 7,034 (58)8,527Change in cash and cash equivalents, excludingtranslation differences2,140 3,767Translation difference on cash and cash equivalents 1,028 (245) Change in cash and cash equivalents3,168 3,522Cash and cash equivalents, January 1Note 2214,544 17,712 Cash and cash equivalents, December 31Note 2217,712 21,234。

{财务管理财务报表}年沃尔沃财务报表MillionConsolidatedinestatementsSEKM 2008 2009Netsales Note7304,642 218,361Costofsales (238,928) (186,167) Grossine65,713 32,194Researchanddevelopmentexpenses Note7(14,348) (13,193)Sellingexpenses (27,129) (25,334) Administrativeexpenses (6,940) (5,863)Otheroperatingineandexpenses Note8(1,539) (4,798)Inefrominvestmentsinassociatedpanies Note7,925 (14)Inefromotherinvestments Note1069 (6)Operatingine Note715,851 (17,013)Interestineandsimilarcredits 1,171 390 Interestexpensesandsimilarcharges (1,935) (3,559)Otherfinancialineandexpenses Note11(1,077) (392)Ineafterfinancialitems14,010 (20,573)Inetaxes Note12(3,994) 5,889Inefortheperiod10,016 (14,685) Attributableto:Equityholdersoftheparentpany 9,942 (14,718)Minorityinterests Note1374 3310,016 (14,685)Basicearningspershare,SEK Note23 4.90 (7.26)Dilutedearningspershare,SEK Note23 4.90 (7.26)OtherprehensiveineInefortheperiod10,016 (14,685) Exchangedifferencesontranslationofforeignoperations 6,149 (1,246)ConsolidatedbalancesheetsSEKM December31,2008 D ecember31,2009AssetsNon-currentassetsIntangibleassets Note14 43,95841,628TangibleassetsNoteExchangedifferencesonhedgeinstrumentsofnetinvestmentinforeignoperations (414) 159 Accumulatedtranslationdifferencereversedtoine (82) (136) Available-for-saleinvestments (459) 86 Cashflowhedges(2,249) 2,313 Otherprehensiveine,netofinetaxes 2,9451,176Totalprehensiveinefortheperiod 12,961 (13,509)Attributableto:Equityholdersoftheparentpany 12,874 (13,561)Minorityinterests875212,961 (13,509)14Property,plantandequipment 56,248 54,289 Investmentproperty 1,022 991 Assetsunderoperatingleases 25,429 82,699 20,38875,668 FinancialassetsAssociatedpanies Note15652 588Othersharesandparticipations Note151,301 1,456Non-currentcustomer-financingreceivables Note1650,432 39,713Deferredtaxassets Note1211,180 12,595Prepaidpensions Note242,442 2,049Non-currentinterest-bearingreceivables Note17694 585Othernon-currentreceivables Note173,023 69,724 3,03860,024Totalnon-currentassets 196,381 177,320CurrentassetsInventories Note1855,045 37,727CurrentreceivablesCustomer-financingreceivables Note1948,057 42,264Taxassets 1,810 1,523Interest-bearingreceivables Note201,965 410Accountsreceivable Note2030,523 21,337Otherreceivables Note2015,024 12,082Noninterest-bearingassetsheldforsale Note4–1,684Interest-bearingassetsheldforsale –97,379 879,308Marketablesecurities Note215,902 16,676Cashandcashequivalents Note2217,712 21,234Totalcurrentassets 176,038 154,945 Totalassets372,419 332,265 Shareholders’equityandliabilitiesShareholders’equity Note 23Sharecapital 2,554 2,554 Additionalcontributedcapital ––Reserves 5,078 6,235 Retainedearnings 66,436 72,334 Inefortheperiod 9,942 (14,718) Equityattributabletotheequityholdersoftheparentpany 84,010 66,405 Minorityinterests 630 629 Totalshareholders’equity84,640 67,034 Non-currentprovisionsProvisionsforpost-employmentbenefits Note2411,705 8,051Provisionsfordeferredtaxes Note128,260 3,638Otherprovisions Note258,136 28,101 6,36018,049Non-currentliabilities Note 26Bondloans 35,798 49,191 Otherloans 47,298 56,035 Otherliabilities 10,442 93,538 9,888115,114Currentprovisions Note2510,883 9,487Currentliabilities Note 27Loans 62,631 51,626Noninterest-bearingliabilitiesheldforsale Note4–272Tradepayables 51,025 35,955 Taxliabilities 1,204 623 Otherliabilities 40,397 155.257 34,105122,581 Totalshareholders’equityandliabilities372,419 332,265Assetspledged Note281,380 958Contingentliabilities Note299,427 9,607ChangesinconsolidatedShareholders'equityShareholdShare SEKM capital r es BalanceatDecember31,20072,554 Inefortheperiod –OtherprehensiveineTranslationdifferences –Translationdifferencesonhedgeinstrumentsofnetinvestmentsinforeignoperations –Accumulatedtranslationdifferencereversedtoine –Available-for-saleinvestments: Note 15,23Gains/lossesatvaluationtofairvalue –Changeinhedgereserve Note23–Otherprehensiveine –Totalinefortheperiod–TransactionswithshareholdersDividends –Sharebasedpayments Note34–Changesinminorityinterests –Otherchanges –TransactionswithshareholdersBalanceatDecember31,20082,554(2 Inefortheperiod –OtherprehensiveineTranslationdifferences –Translationdifferencesonhedgeinstrumentsofnetinvestmentsinforeignoperations –Accumulatedtranslationdifferencereversedtoine –Available-for-saleinvestments: Note 15,23Gains/lossesatvaluationtofairvalue –Changeinhedgereserve Note23–Otherprehensiveinefortheperiod –Totalinefortheperiod–TransactionswithshareholdersDividends –Sharebasedpayments Note34–Changesinminorityinterests –Otherchanges –TransactionswithshareholdersBalanceatDecember31,20092,554 1ForspecificationofotherreservespleaseseeNote 23.Consolidatedcash-flowstatementsSEKM 2008 OperatingactivitiesOperatingine 15,851 Depreciationandamortization Note 1413,524 Otheritemsnotaffectingcash Note 30(133) Changesinworkingcapital:(Increase)/decreaseinreceivables 3,209 (Increase)/decreaseincustomerfinancereceivables (10,174) (Increase)/decreaseininventories (6,664) Increase/(decrease)inliabilitiesandprovisions (9,675) Interestandsimilaritemsreceived 1,100 Interestandsimilaritemspaid (1,302) Otherfinancialitems 109 Inetaxespaid (5,076) Cash-flowfromoperatingactivities769 InvestingactivitiesInvestmentsinfixedassets (12,664) (10,464 Investmentsinleasingassets (5,440) (4,246 Disposalsoffixedassetsandleasingassets 2,905 3,84 Sharesandparticipations,net Note 30(29) (38Acquiredanddivestedsubsidiariesandotherbusinessunits,net Note4,30(1,317) 14Interest-bearingreceivablesincludingmarketablesecurities 10,882 (5,663) (8,866 Cash-flowafternetinvestments(4,894)FinancingactivitiesIncrease/(decrease)inbondloansandotherloans Note 3018,230 12,65 CashpaymenttoABVolvoshareholders' (11,150) (4,055 Dividendstominorityshareholders (54) (15 Other 8 7,034 (58 Changeincashandcashequivalents,excludingtranslationdifferences2,140 Translationdifferenceoncashandcashequivalents 1,028 Changeincashandcashequivalents3,168 Cashandcashequivalents,January1Note 2214,544 Cashandcashequivalents,December31Note 2217,712感谢阅读多年企业管理咨询经验，专注为企业和个人提供精品管理方案，企业诊断方案，制度参考模板等欢迎您下载，均可自由编辑。

沃尔沃企业财务报告1. 摘要沃尔沃汽车公司是一家世界知名的汽车制造商，总部位于瑞典哥德堡。

本财务报告将详细介绍沃尔沃汽车公司在过去一年的业绩表现和财务状况。

2. 业绩分析2.1 销售收入在过去一年中，沃尔沃汽车公司的销售收入达到了1000万美元，相较于上年同期增长了10%。

这一增长主要归因于中国市场的强劲需求以及欧洲市场的稳定增长。

2.2 利润状况沃尔沃汽车公司在过去一年中实现了净利润500万美元，与上年同期相比增长了8%。

这主要归功于公司精细的成本管理和高效的生产运营。

2.3 各地区市场表现沃尔沃汽车公司在不同地区的销售业绩表现如下：- 中国市场：销售收入增长25%，成为公司最大的市场。

- 欧洲市场：销售收入增长5%，稳定增长。

- 北美市场：销售收入增长3%，市场份额稳定。

2.4 新产品推出沃尔沃汽车公司在过去一年中成功推出了多款热门新车型，其中包括电动汽车、混合动力汽车和豪华SUV等。

这些新产品的推出进一步提升了公司的市场竞争力。

3. 财务状况3.1 财务指标以下是沃尔沃汽车公司过去一年的主要财务指标：- 总资产：5000万美元，与上年相比增长10%。

- 总负债：3000万美元，与上年相比增长5%。

- 股东权益：2000万美元，与上年相比增长15%。

- 总利润：500万美元，与上年相比增长8%。

3.2 资本结构沃尔沃汽车公司的资本结构保持稳健。

公司有良好的财务偿付能力，债务比率为1.5，流动比率为1.2，远高于行业平均水平。

公司通过稳定的现金流量和有效的资本管理，确保了财务稳定和可持续发展。

3.3 投资规划沃尔沃汽车公司将继续加大研发投入，加强绿色智能汽车技术的开发，推动可持续发展。

公司还计划扩大海外市场份额，特别是在新兴市场，以进一步提升销售收入和利润。

4. 风险与挑战4.1 市场竞争压力汽车行业竞争激烈，沃尔沃汽车公司需要不断提高产品质量和服务水平，以赢得更多客户并保持市场份额。

4.2 原材料价格波动原材料价格的波动可能对公司的成本造成影响。

证券代码证券简称每股收益(元)08年每股收益(元)每股净资产(元)净资产收益率(%)净利润(万元)分配转增预案000565渝三峡Ａ 1.170.14 3.76 2.4020364利润不分配000572海马股份-0.250.06 2.72-10.72-24803利润不分配000600建投能源0.080.05 3.17 2.26711510派0.3元(含税)000639金德发展-0.050.01 1.71-2.86-357利润不分配002014永新股份0.720.49 4.9114.041006910派4.5元(含税)002015霞客环保0.080.08 2.42 2.311502分配不利润002042华孚色纺0.690.03 5.3511.9916124利润不分配002068黑猫股份0.410.02 3.1014.06790610送3股派0.4元(含税)002069獐子岛0.910.55 6.0913.552065910转增10派5元(含税)002088鲁阳股份0.530.68 5.159.371167210派1元(含税)002142宁波银行0.580.53 3.9013.9314574510派2元(含税)002182云海金属0.030.22 4.54-2.1450710派0.5元(含税)002248华东数控0.970.48 5.0618.1011597利润不分配002264新华都0.640.71 4.7313.36686910转增5股派1元(含税)002270法因数控0.430.47 3.7910.54620710派2元(含税)002296辉煌科技 1.090.959.497.71543810转增7派7元(含税)300024机器人 1.360.9815.27 6.11661610送2转增10派1元(含税)300049福瑞股份0.630.47 2.8623.23344210派3元(含税)600077百科集团-0.16-0.12 1.77-9.27-2617利润不分配600089特变电工0.850.84 3.8821.021*******派1元(含税)600184新华光0.090.07 3.38 1.19949利润不分配600261浙江阳光0.480.41 4.059.671204710派3元600403欣网视讯0.170.10 2.40 6.51219010派0.2元(含税)600439瑞贝卡0.200.47 2.159.041241210送2派0.8元600468百利电气0.100.07 1.56 2.12306010送2600552方兴科技0.170.02 1.998.122009利润不分配600562*ST 高陶-0.47-0.28 3.36-16.81-3942利润不分配600573惠泉啤酒0.310.27 4.40 6.64768510派1.5元(含税)600579ST 黄海0.07-1.320.21-45.251719利润不分配600707彩虹股份-1.700.07 1.70-98.91-71523利润不分配600745中茵股份0.250.48 1.2418.508053利润不分配600748上实发展0.230.34 2.339.102445010派0.35元(含税)600834申通地铁0.210.17 2.169.911023410派0.6元(含税)600976武汉健民0.320.10 5.06 4.30488610派1.5元(含税)601918国投新集0.450.65 3.3212.658331410派2元(含税)2009年年报财务数据一览（四）证券代码证券简称每股收益(元)08年每股收益(元)每股收益同比增减(%)每股净资产(元)净资产收益率(%)300017网宿科技0.540.61-11.487.80 5.39300020银江股份0.780.6127.877.188.60300022吉峰农机0.720.6413.55 5.919.63300025华星创业0.830.5843.10 6.4310.18300027华谊兄弟0.640.5712.288.82 5.79300030阳普医疗0.500.4219.057.61 4.74300032金龙机电0.570.27113.73 5.817.20300035中科电气 1.04 1.030.9711.32 6.86净利润(万元)净利润同比增减(%)3812 2.83493956.81508083.88261850.11857826.03266830.395968123.68477517.18证券代码证券简称每股收益(元)08年每股收益(元)每股收益同比增减(%)每股净资产(元)净资产收益率(%)300037新宙邦0.750.4087.508.67 6.48300038梅泰诺0.71 2.37-70.087.89 6.33300039上海凯宝0.840.7020.0010.46 5.99300040九洲电气0.910.7030.0012.02 5.60300041回天胶业 1.000.7238.5911.94 6.22300042朗科科技0.770.79-2.7111.95 4.82300043星辉车模0.970.6451.56 2.5438.20300050世纪鼎利 2.780.97186.60 5.4251.41600418江淮汽车0.260.04550.00 3.357.76净利润(万元)净利润同比增减(%)601390.18457615.69686719.10467940.56489938.593843-2.92384851.6011137185.6733547482.04(接下页)580017赣粤CWB10.1040.1040.1040.1040-020271 6.850.105640564010.0401:2.0002008-02-28580019石化CWB10.1090.1170.0010.00162800-99.11207311716 1.520.0030300030300019.1501:0.5002008-03-04580022国电CWB1 2.266 2.369 2.228 2.242943-1.152211633 2.97 2.2342747427477.4701:1.0002008-05-22580024宝钢CWB1 1.274 1.304 1.252 1.2681554-0.47971142 1.57 1.2516000016000012.1601:0.5002008-07-04580026江铜CWB1 4.500 4.520 4.202 4.2721520-1.7086927 5.56 4.1217612017612015.4001:0.2502008-10-10580027长虹CWB1 3.310 3.414 3.244 3.2701342-1.152342253 3.41 2.885730057300 5.2301:1.0002009-08-192010-02-272010-03-032010-05-212010-07-032010-10-092011-08-18代码券种本周(2月22日—2月26日)(元/万股)2010换手(%)2010最高(元)2010最低(元)首发数量(万份)最新份额(万份)当前行权价(元)当前行权比例存续起始日行权截止日开盘最高最低收盘成交量涨跌幅换手率%权证行情周报表·精选资料·DATA 09期购买超级强势股的根本要务，是认清它的真正价值，并在金融圈认为它烂得可以时，放手买进。

MillionConsolidated income statementsSEK M 2008 2009 Net sales Note 7304,642 218,361 Cost of sales (238,928) (186,167) Gross income65,713 32,194Research and development expenses Note 7(14,348) (13,193) Selling expenses (27,129) (25,334) Administrative expenses (6,940) (5,863) Other operating income and expenses Note 8(1,539) (4,798)Income from investments in associated companiesNote7, 925 (14)Income from other investments Note 1069 (6) Operating income Note 715,851 (17,013)Interest income and similar credits 1,171 390 Interest expenses and similar charges (1,935) (3,559) Other financial income and expenses Note 11(1,077) (392) Income after financial items14,010 (20,573)Income taxes Note 12(3,994) 5,889 Income for the period10,016 (14,685)Attributable to:Equity holders of the parent company 9,942 (14,718) Minority interests Note 1374 3310,016 (14,685)Basic earnings per share, SEK Note23 4.90 (7.26)Diluted earnings per share, SEK Note 23 4.90 (7.26)Consolidated balance sheetsSEK MDecember 31, 2008 D ecember 31, 2009 AssetsNon-current assetsIntangible assets Note 14 43,958 41,628Tangible assetsNote 14Property, plant and equipment 56,248 54,289 Investment property1,022 991 Assets under operating leases 25,429 82,699 20,388 75,668Financial assetsAssociated companiesNote 15652 588 Other shares and participationsNote 151,3011,456 Non-current customer-financing receivables Note 1650,43239,713 Deferred tax assetsNote 1211,18012,595Other comprehensive incomeIncome for the period10,016 (14,685) Exchange differences on translation of foreign operations 6,149 (1,246) Exchange differences on hedge instruments of net investment in foreign operations (414) 159 Accumulated translation difference reversed to income (82) (136)Available-for-sale investments(459) 86 Cash flow hedges(2,249)2,313 Other comprehensive income, net of income taxes 2,9451,176Total comprehensive income for the period 12,961 (13,509)Attributable to:Equity holders of the parent company 12,874 (13,561)Minority interests 875212,961 (13,509)Prepaid pensions Note 242,442 2,049 Non-current interest-bearing receivables Note 17694 585Other non-current receivables Note 173,023 69,724 3,03860,024 Total non-current assets 196,381 177,320Current assetsInventories Note 1855,045 37,727 Current receivablesCustomer-financing receivables Note 1948,057 42,264Tax assets 1,810 1,523Interest-bearing receivables Note 201,965 410 Accounts receivable Note 2030,523 21,337 Other receivables Note 2015,024 12,082Non interest-bearing assets held for sale Note4–1,684Interest-bearing assets held for sale –97,379 879,308 Marketable securities Note 215,902 16,676 Cash and cash equivalents Note 2217,712 21,234 Total current assets 176,038 154,945 Total assets372,419 332,265Shareholders’ equity and liabilitiesShareholders’ equity Note 23Share capital 2,554 2,554Additional contributed capital ––Reserves 5,078 6,235Retained earnings 66,436 72,334Income for the period 9,942 (14,718)Equity attributable to the equity holders of the parentcompany 84,010 66,405Minority interests 630 629Total shareholders’ equity84,640 67,034Non-current provisionsProvisions for post-employment benefits Note 2411,705 8,051Provisions for deferred taxes Note 128,260 3,638Other provisions Note 258,136 28,101 6,360 18,049 Non-current liabilities Note 26Bond loans 35,798 49,191 Other loans 47,298 56,035Other liabilities 10,442 93,538 9,888 115,114Current provisions Note 2510,883 9,487Current liabilities Note 27Loans62,63151,626 Non interest-bearing liabilities held for sale Note 4–272 Trade payables 51,025 35,955 Tax liabilities 1,204 623Other liabilities40,397 155.257 34,105 122,581Total shareholders’ equity and liabilities 372,419 332,265Assets pledged Note 281,380 958 Contingent liabilitiesNote 299,4279,607Changes in consolidated Shareholders' equityShareholders´ equity attributable to equity holders of the parent companyShare Other Translation Retained Minority TotalSEK Mcapital reserves1) reserve earnings Total i nterests equityBalance at December 31, 20072,554435 1,711 77,502 82,202579 82,781Income for the period – – – 9,942 9,942 74 10,016Other comprehensive incomeTranslation differences ––6,126 –6,126 23 6,149Translation differenceson hedge instruments ofnet investments inforeign operations ––(414) –(414) –(414)Accumulated translationdifference reversed toincome ––(82) –(82) –(82)Available-for-sale investments:Note 15, 23valuation tofair value –(459) ––(459) –(459)Change in hedgereserve Note 23– (2,239) ––(2,239) (10) (2,249)Other comprehensiveincome – (2,698) 5,630 –2,932 13 2,945Total income for theperiod–(2,698)5,6309,94212,8748712,961 Transactions withshareholdersDividends –––(11,150) (11,150) (54) (11,204) Share based payments Note 34–––73 73 –73Changes in minorityinterests –––––(62) (62) Other changes –––11 11 80 91Transactions withshareholders (11,066) (11,066) (36) (11,102)Balance at December 31,20082,554(2,263)7,34176,37884,01063084,640 Income for the period –––(14,718) (14,718) 33 (14,685)Other comprehensiveincomeTranslation differences ––(1,252) –(1,252) 6 (1,246)Translation differenceson hedge instruments ofnet investments inforeign operations ––159 –159 –159Accumulated translationdifference reversed toincome ––(136) –(136) –(136)Available-for-sale investments:Note 15, 23valuation tofair value –86 ––86 –86Change in hedge reserve Note23–2,300 ––2,300 13 2,313Other comprehensiveincome for the period –2,386 (1,229) –1,157 19 1,176Total income for theperiod–2,386(1,229)(14,718)(13,561)52(13,509) Transactions withshareholdersDividends –––(4,055) (4,055) (15) (4,070) Share based payments Note 34––– 4 4 – 4Changes in minorityinterests –––––(2) (2) Other changes –––7 7 (36) (29)Transactions withshareholders (4,044) (4,044) (53) (4,097)Balance at December 31,20092,5541236,11257,61666,40562967,0341 For specification of other reservesplease see Note 23.Consolidated cash-flow statementsSEK M 2008 2009 Operating activitiesOperating income 15,851 (17,013) Depreciation and amortization Note 1413,524 15,227 Other items not affecting cash Note 30(133) 4,397 Changes in working capital:(Increase)/decrease in receivables 3,209 10,271 (Increase)/decrease incustomer finance receivables (10,174) 12,806 (Increase)/decrease in inventories (6,664) 15,225 Increase/(decrease) inliabilities and provisions (9,675) (21,387) Interest and similar items received 1,100 353 Interest and similar items paid (1,302) (2,905) Other financial items 109 (514) Income taxes paid (5,076) (1,604) Cash-flow from operating activities769 14,856Investing activitiesInvestments in fixed assets (12,664) (10,464) Investments in leasing assets (5,440) (4,246) Disposals of fixed assets and leasing assets 2,905 3,849Shares and participations, net Note 30(29) (38)Acquired and divested subsidiaries and other business units, netNote4, 30 (1,317) 149Interest-bearing receivables including marketablesecurities 10,882 (5,663) (8,866)(19,616) Cash-flow after net investments (4,894) (4,760)Financing activitiesIncrease/(decrease) in bond loans and other loans Note 3018,230 12,655Cash payment to AB Volvo shareholders' (11,150) (4,055) Dividends to minority shareholders (54) (15)Other 8 7,034 (58)8,527Change in cash and cash equivalents, excludingtranslation differences2,140 3,767Translation difference on cash and cash equivalents 1,028 (245) Change in cash and cash equivalents3,168 3,522Cash and cash equivalents, January 1Note 2214,544 17,712 Cash and cash equivalents, December 31Note 2217,712 21,234。

东风汽车财务分析目录一、东风汽车股份有限公司总体情况介绍 (3)二、资产负债比较分析 (3)1、结构百分比的比较（表1、2） (3)2、增减变动分析（表3） (4)3、短期偿债能力分析 (5)4、长期偿债能力分析 (5)三、经营效益比较 (7)1.营运能力（资产效率）分析 (7)2.获利能力分析 (8)3.投资报酬能力分析 (8)4.发展能力分析 (10)四、现金流量比较分析 (11)1.现金流入结构比较 (11)2.现金流出结构比较 (12)五、业绩的综合评价（杜邦分析） (12)六、总结 (13)一、东风汽车股份有限公司总体情况介绍东风汽车公司始建于1969年，是中国汽车行业骨干企业之一。

公司主要业务分布在十堰、襄樊、武汉、广州四大基地，形成了“立足湖北，辐射全国，面向世界”的事业布局。

公司总部设在“九省通衢”的武汉。

主营业务涵盖全系列商用车、乘用车、发动机及汽车零部件和汽车水平事业。

公司现有总资产149.67亿元，员工12.4万人。

2019年销售汽车132.1万辆，实现销售收入1969亿元，综合市场占有率达到14.08%。

在国内汽车细分市场，中重卡、SUV、中客排名第一位，轻卡、轻客排名第二位，轿车排名第三位。

2019年公司位居中国企业500强第20位，中国制造企业500强第5位。

是与中国第一汽车集团公司和上海汽车工业(集团)总公司一起被视为中国综合实力最强的三大汽车企业集团之一。

二、资产负债比较分析1、结构百分比的比较（表1、2）由表可知，从07年到09年东风汽车的资产规模在扩大，虽然在08年因分配了3亿元的现金股利，及其他项目的减少导致资产规模短期内减少，但是在09年资产总额超过了07年的水平，同时负债比率也有所上升。

说明东风汽车有意在未来中国汽车业高速发展的背景下扩大资产规模。

上海汽车资产结构表（2）由表可知，上海汽车从07年至09年，资产规模不断的扩大，同时负债率也在不断的扩大，负债率从07年至09年上升了8.39%。

购买超级强势股的根本要务，是认清它的真正价值，并在金融圈认为它烂得可以时，放手买进。

———肯尼斯·费雪[美国]·精选资料·DATA10期证券代码证券简称每股收益(元)08年每股收益(元)每股净资产(元)净资产收益率(%)净利润(万元)分配转增预案000002万科Ａ0.480.37 3.4014.00532973.7710派0.7元(含税)000046泛海建设0.180.09 3.75 4.8140284.3310派1元(含税)000055方大集团0.100.06 1.46 3.424405.2510转增0.7000089深圳机场0.340.14 3.0611.0457507.7610派0.35元(含税)000150宜华地产0.310.25 2.2412.9810029.03利润不分配000511银基发展0.100.11 1.317.8811617.47利润不分配000513丽珠集团 1.610.177.2718.9448157.8210派1.5元(含税)000519银河动力0.02-0.14 1.77-2.99368.58利润不分配000688S*ST 朝华-0.02-0.03-0.520.00-571.65利润不分配000703世纪光华-0.14-0.11 1.29-10.82-2019.83利润不分配000729燕京啤酒0.520.42 6.087.7062749.3010派1.6元(含税)000777中核科技0.220.18 2.947.214359.5610派1元(含税)000799酒鬼酒0.190.14 2.23 2.265848.44利润不分配000856*ST 唐陶0.06-0.720.54-142.411474.33利润不分配000887中鼎股份0.480.42 1.9721.5220004.8610派2元(含税)000889渤海物流-0.180.01 1.86-7.82-5956.64利润不分配000900现代投资 1.58 1.439.3019.5963187.6710派3.80元(含税)000902中国服装-0.19-0.220.93-22.41-4861.06利润不分配000903云内动力0.450.36 6.79 2.0116994.4610派2.5元(含税)000949新乡化纤0.17-0.49 2.427.959961.50利润不分配000950建峰化工0.600.88 5.698.8320465.9910转增5000959首钢股份0.120.14 2.60 3.2136761.8110派1元（含税）000961中南建设0.890.09 4.9814.4755975.9410转增5000999华润三九0.720.51 3.7718.4270948.9010派3元（含税）002013中航精机0.240.21 3.38 6.593057.9810转增3股派0.3元(含税)002017东信和平0.200.27 3.53 2.823138.5110派3元(含税)002049晶源电子0.250.23 3.047.753409.3410派1.1元(含税)002058威尔泰0.120.14 2.80 2.29774.8410派0.6元(含税)002070众和股份0.280.20 2.5110.216393.81利润不分配002093国脉科技0.350.29 1.9216.409312.9810送5派0.6元(含税)002095生意宝0.460.35 4.438.814099.7810转增5派2元(含税)002096南岭民爆0.820.52 3.0129.0610791.9910派3元(含税)002107沃华医药0.320.72 4.20 5.245237.31利润不分配002121科陆电子0.330.46 2.0315.787859.1710派0.5元(含税)002162斯米克0.070.08 2.320.012495.3110转增1派0.5元(含税)002165红宝丽0.630.60 3.2619.429933.8410转增6派1元(含税)002168深圳惠程0.370.46 2.6811.467386.0910送2转增3派2元(含税)002202金风科技 1.250.91 3.7232.76174557.9510送6派1（含税）002211宏达新材0.150.18 3.94 3.543678.4510派0.3元(含税)002258利尔化学0.500.74 4.0612.2210115.3310派2.5元(含税)002276万马电缆0.510.50 4.967.528693.4310转增10派1元(含税)002283天润曲轴0.570.56 6.268.0111300.7510派0.7元(含税)002291星期六0.640.64 6.378.2111381.6110送3派0.35元(含税)002304洋河股份 3.04 1.8311.2824.51125362.0010派8元(含税)002309中利科技 1.78 1.5015.858.5118262.6110转增8派1元(含税)002343禾欣股份 1.180.67 4.7223.168716.3010派6元(含税)200512闽灿坤B 0.050.040.369.795275.97利润不分配300007汉威电子0.840.708.40 6.444014.6410转增10派3(含税)300018中元华电 1.14 1.039.938.595799.5210转增10派5元(含税)300031宝通带业 1.290.8212.227.954830.5110转增10派3元(含税)300037新宙邦0.750.408.67 6.436013.3110派2.8元（含税）600009上海机场0.370.45 6.66 5.5170633.8710派0.5元(含税)600052浙江广厦0.500.42 2.2010.6343689.66利润不分配600057*ST 夏新 1.62-1.64-0.680.0069761.85利润不分配600063皖维高新0.140.17 5.77 2.345138.02利润不分配600067冠城大通0.460.30 2.7615.6828365.2410送1转增1派0.5元(含税)600101明星电力0.530.28 3.577.1117106.0510派0.5元(含税)600102莱钢股份0.110.29 6.40 2.349690.0610派0.60元（含税）600166福田汽车 1.130.40 4.4524.20103732.8510派1.8元(含税)2009年年报财务数据一览（五）（转下页）ights Reserved.供求就是价格，投资的铁律就是正确认识供求关系。