中國汽車行業(yè)的年季度報(bào)告

1、目 錄TOC o 1-2 h z HYPERLINK l _Toc84994470 上篇：汽車行業(yè)分析提要 PAGEREF _Toc84994470 h 1 HYPERLINK l _Toc84994471 I行業(yè)進(jìn)入退出定性趨勢(shì)預(yù)測(cè) PAGEREF _Toc84994471 h 1 HYPERLINK l _Toc84994472 II行業(yè)進(jìn)入/退出指標(biāo)分析 PAGEREF _Toc84994472 h 2 HYPERLINK l _Toc84994473 一、行業(yè)業(yè)平均利利潤率分分析 PAGEREF _Toc84994473 h 2 HYPERLINK l _Toc84994474 二、企

2、業(yè)業(yè)主要指指標(biāo)較好好值、中中間值和和較差值值 PAGEREF _Toc84994474 h 3 HYPERLINK l _Toc84994475 三、行業(yè)業(yè)規(guī)模分分析 PAGEREF _Toc84994475 h 3 HYPERLINK l _Toc84994476 四、行業(yè)業(yè)集中度度分析 PAGEREF _Toc84994476 h 55 HYPERLINK l _Toc84994477 五、行業(yè)業(yè)效率分分析 PAGEREF _Toc84994477 h 6 HYPERLINK l _Toc84994478 六、行業(yè)業(yè)主要財(cái)財(cái)務(wù)指標(biāo)標(biāo)分析 PAGEREF _Toc84994478 h 77

3、HYPERLINK l _Toc84994479 （一）盈盈利能力力分析 PAGEREF _Toc84994479 h 77 HYPERLINK l _Toc84994480 （二）營營運(yùn)能力力分析 PAGEREF _Toc84994480 h 99 HYPERLINK l _Toc84994481 （三）償償債能力力分析 PAGEREF _Toc84994481 h 110 HYPERLINK l _Toc84994482 （四）發(fā)發(fā)展能力力分析 PAGEREF _Toc84994482 h 111 HYPERLINK l _Toc84994483 七、投入入產(chǎn)出結(jié)結(jié)構(gòu)分析析 PAGEREF

4、 _Toc84994483 h 13 HYPERLINK l _Toc84994484 八、行業(yè)業(yè)經(jīng)濟(jì)運(yùn)運(yùn)行指標(biāo)標(biāo) PAGEREF _Toc84994484 h 17 HYPERLINK l _Toc84994485 III行行業(yè)風(fēng)險(xiǎn)險(xiǎn)揭示、政策分分析及負(fù)負(fù)面信息息 PAGEREF _Toc84994485 h 19 HYPERLINK l _Toc84994486 一、風(fēng)險(xiǎn)險(xiǎn)揭示 PAGEREF _Toc84994486 h 119 HYPERLINK l _Toc84994487 二、政策策分析 PAGEREF _Toc84994487 h 119 HYPERLINK l _Toc8499

5、4488 三、負(fù)面面信息 PAGEREF _Toc84994488 h 221 HYPERLINK l _Toc84994489 IV行業(yè)業(yè)動(dòng)態(tài)跟跟蹤分析析評(píng)價(jià) PAGEREF _Toc84994489 h 222 HYPERLINK l _Toc84994490 一、行業(yè)業(yè)及上下下游運(yùn)行行情況 PAGEREF _Toc84994490 h 222 HYPERLINK l _Toc84994491 二、行業(yè)業(yè)強(qiáng)勢(shì)、弱勢(shì)、機(jī)會(huì)與與風(fēng)險(xiǎn)（SWOOT） PAGEREF _Toc84994491 h 22 HYPERLINK l _Toc84994492 三、貸款款建議 PAGEREF _Toc849

6、94492 h 223 HYPERLINK l _Toc84994493 V龍頭/重點(diǎn)聯(lián)聯(lián)系企業(yè)業(yè)分析 PAGEREF _Toc84994493 h 224 HYPERLINK l _Toc84994494 一、龍頭頭/重點(diǎn)聯(lián)聯(lián)系企業(yè)業(yè)財(cái)務(wù)指指標(biāo) PAGEREF _Toc84994494 h 244 HYPERLINK l _Toc84994495 二、企業(yè)業(yè)在全國國各地的的分布 PAGEREF _Toc84994495 h 224 HYPERLINK l _Toc84994496 VI資本本市場(chǎng)分分析 PAGEREF _Toc84994496 h 266 HYPERLINK l _Toc84

7、994497 下篇：汽汽車行業(yè)業(yè)分析說說明 PAGEREF _Toc84994497 h 277 HYPERLINK l _Toc84994498 I行業(yè)分分析 PAGEREF _Toc84994498 h 277 HYPERLINK l _Toc84994499 一、行業(yè)業(yè)運(yùn)行分分析 PAGEREF _Toc84994499 h 277 HYPERLINK l _Toc84994500 二、行業(yè)業(yè)政策分分析 PAGEREF _Toc84994500 h 277 HYPERLINK l _Toc84994501 附件：新新汽車產(chǎn)產(chǎn)業(yè)發(fā)展展政策 PAGEREF _Toc84994501 h 22

8、9 HYPERLINK l _Toc84994502 三、新技技術(shù)、新新產(chǎn)品、新工藝藝 PAGEREF _Toc84994502 h 48 HYPERLINK l _Toc84994503 四、上下下游行業(yè)業(yè)影響 PAGEREF _Toc84994503 h 553 HYPERLINK l _Toc84994504 五、國際際市場(chǎng)動(dòng)動(dòng)態(tài) PAGEREF _Toc84994504 h 600 HYPERLINK l _Toc84994505 六、汽車車行業(yè)未未來發(fā)展展特點(diǎn) PAGEREF _Toc84994505 h 669 HYPERLINK l _Toc84994506 II汽車車行業(yè)企企業(yè)

9、分析析 PAGEREF _Toc84994506 h 77 HYPERLINK l _Toc84994507 一、企業(yè)業(yè)整體情情況分析析 PAGEREF _Toc84994507 h 77 HYPERLINK l _Toc84994508 二、三季季度主要要企業(yè)動(dòng)動(dòng)態(tài)分析析 PAGEREF _Toc84994508 h 80 HYPERLINK l _Toc84994509 III汽汽車市場(chǎng)場(chǎng)產(chǎn)品分分析 PAGEREF _Toc84994509 h 855 HYPERLINK l _Toc84994510 一、主要要產(chǎn)品市市場(chǎng)情況況 PAGEREF _Toc84994510 h 85 HYPE

10、RLINK l _Toc84994511 二、主要要產(chǎn)品生生產(chǎn)情況況 PAGEREF _Toc84994511 h 89 HYPERLINK l _Toc84994512 三、主要要產(chǎn)品價(jià)價(jià)格變動(dòng)動(dòng)趨勢(shì) PAGEREF _Toc84994512 h 889 HYPERLINK l _Toc84994513 IV我國國汽車消消費(fèi)信貸貸分析 PAGEREF _Toc84994513 h 995 HYPERLINK l _Toc84994514 一、個(gè)個(gè)人汽車車貸款管管理辦法法出臺(tái)臺(tái) PAGEREF _Toc84994514 h 95 HYPERLINK l _Toc84994515 附件：汽汽車貸

11、款款管理辦辦法 PAGEREF _Toc84994515 h 966 HYPERLINK l _Toc84994516 二、汽車車購置稅稅下調(diào) PAGEREF _Toc84994516 h 1103 HYPERLINK l _Toc84994517 三、汽車車金融公公司獲得得批準(zhǔn) PAGEREF _Toc84994517 h 1103 HYPERLINK l _Toc84994518 V汽車行行業(yè)區(qū)域域熱點(diǎn)分分析 PAGEREF _Toc84994518 h 1007 HYPERLINK l _Toc84994519 一、雷諾諾轎車將將落戶廣廣州 PAGEREF _Toc84994519 h

12、1007 HYPERLINK l _Toc84994520 二、天津津構(gòu)件汽汽車工業(yè)業(yè)產(chǎn)業(yè)鏈鏈 PAGEREF _Toc84994520 h 1088 HYPERLINK l _Toc84994521 三、長安安福特開開發(fā)南京京第二工工廠 PAGEREF _Toc84994521 h 1112汽 車汽 車表4： “十五”建筑規(guī)模及發(fā)展目標(biāo)預(yù)測(cè)序號(hào)建設(shè)內(nèi)容九五計(jì)劃預(yù)計(jì)完成2010年1全國工程建設(shè)與建筑規(guī)模要求峻工面積12億平方米14億平方米2城市規(guī)劃：城市建制達(dá)到鎮(zhèn)建制達(dá)到全國城市非農(nóng)業(yè)人口城市化水平達(dá)到800個(gè)2萬個(gè)5億人28%1200個(gè)53萬個(gè)5億人35%3建設(shè)城市住宅及房地產(chǎn)面積9億平方米

13、25億平方米4村鎮(zhèn)建設(shè)：建村鎮(zhèn)住宅建公共建筑建生產(chǎn)性建筑4億平方米6.5億平方米9.3億平方米50億平方米8億平方米10億平方米5建筑施工機(jī)械產(chǎn)品需求量建筑施工機(jī)械產(chǎn)品產(chǎn)值289萬噸722億元555萬噸1100億元 - PAGE 115 -上篇：汽汽車行業(yè)業(yè)分析提提要本報(bào)告如無特殊說明數(shù)據(jù)均根據(jù)統(tǒng)計(jì)局2004年18月份數(shù)據(jù)整理計(jì)算而得，單位如無特殊說明均為萬元人民幣，本報(bào)告中全國特指該行業(yè)全國統(tǒng)計(jì)值，工業(yè)特指全部工業(yè)行業(yè)統(tǒng)計(jì)值。數(shù)據(jù)來源均為統(tǒng)計(jì)局。 = 1 * ROMAN I行業(yè)進(jìn)進(jìn)入退退出定性性趨勢(shì)預(yù)預(yù)測(cè)銀行進(jìn)行行行業(yè)的的進(jìn)入退出決決策時(shí)要要做定性性和定量量分析。定性分分析通常常主要考考慮總

14、的的供需形形勢(shì)、特特別是前前景預(yù)測(cè)測(cè)。本“行業(yè)分分析提要要”部分以以簡(jiǎn)明扼扼要的方方式將主主要信息息集中于于一處，以利于于讀者查查閱、使使用，得得出這些些信息的的資料均均在“行業(yè)分分析說明明”中一一一列出，以利于于讀者做做進(jìn)一步步分析研研究用。指標(biāo)數(shù)量同比增減減供給生產(chǎn)總值值6534451663.770 萬萬元21%需求銷售收入入6411109447.770 萬萬元21%趨勢(shì)預(yù)測(cè)測(cè)本期市場(chǎng)場(chǎng)供求特特點(diǎn)分析析【主要影影響因素素】汽車車價(jià)格和和石油價(jià)價(jià)格是影影響汽車車消費(fèi)的的主要因因素【結(jié)論】受石油油價(jià)格的的影響，SUVV本季度度銷售下下降，轎轎車銷售售也比去去年同期期下降，卡車銷銷售本季季度較好

15、好。下期市場(chǎng)場(chǎng)供求趨趨勢(shì)分析析【主要影影響因素素】汽車車價(jià)格、石油價(jià)價(jià)格【結(jié)論】四季度度汽車市市場(chǎng)隨著著汽車價(jià)價(jià)格的下下降和石石油價(jià)格格的回落落，在銷銷售上可可能會(huì)有有起色。簡(jiǎn)要結(jié)論論長期來看看，行業(yè)業(yè)需求旺旺盛，建建議進(jìn)入入 = 2 * ROMAN II行業(yè)業(yè)進(jìn)入/退出指指標(biāo)分析析現(xiàn)代行業(yè)業(yè)分析理理論認(rèn)為為，行業(yè)業(yè)進(jìn)入與與退出通通常是由由行業(yè)的的利潤率率、行業(yè)業(yè)效率、行業(yè)規(guī)規(guī)模和競(jìng)競(jìng)爭(zhēng)程度度來決定定的，因因此報(bào)告告選擇這這些指標(biāo)標(biāo)進(jìn)行定定量分析析；同時(shí)時(shí)，為方方便與行行業(yè)內(nèi)的的企業(yè)進(jìn)進(jìn)行比較較，報(bào)告告采用國國際通用用的企業(yè)業(yè)財(cái)務(wù)分分析指標(biāo)標(biāo)（贏利利能力、營運(yùn)能能力、償償債能力力和發(fā)展展能力）

16、來分析析行業(yè)。一、行業(yè)業(yè)平均利利潤率分分析行業(yè)平均均利潤率率是目前前在銀行行業(yè)普遍遍采用的的一種簡(jiǎn)簡(jiǎn)捷分析析指標(biāo)。對(duì)于低低于行業(yè)業(yè)平均利利潤率水水平的企企業(yè)，可可以考慮慮退出；反之，可以再再做進(jìn)一一步分析析。報(bào)告告中的計(jì)計(jì)算公式式為：行行業(yè)平均均利潤率率=利潤潤/銷售售收入。平均利潤潤率(%)與工業(yè)比比較(%)與全行業(yè)業(yè)比較(%)與topp10比比較(%)工業(yè)3.822%100.00%45.992%36.337%全國8.322%217.79%100.00%79.220%Top11010.550%274.97%126.26%100.00%北京市7.088%185.36%85.111%67.441

17、%天津市6.088%159.32%73.116%57.994%河北省8.399%219.71%100.88%79.990%山西省1.155%30.224%13.888%11.000%內(nèi)蒙-0.994%-24.74%-11.36%-9.000%遼寧省0.900%23.668%10.887%8.611%吉林省6.288%164.43%75.550%59.880%黑龍江省省-4.559%-1200.155%-55.17%-43.69%上海市17.449%457.97%210.28%166.55%江蘇省4.033%105.60%48.448%38.440%浙江省6.688%175.06%80.338%

18、63.666%安徽省4.499%117.67%54.003%42.779%福建省6.000%157.27%72.221%57.119%江西省4.400%115.21%52.990%41.990%山東省5.633%147.37%67.667%53.559%河南省4.600%120.51%55.333%43.882%湖北省6.933%181.42%83.330%65.998%湖南省3.800%99.558%45.772%36.222%廣東省16.008%421.23%193.41%153.19%廣西5.422%142.08%65.224%51.667%海南省2.866%74.884%34.336%

19、27.222%重慶市8.888%232.47%106.74%84.554%四川省4.033%105.57%48.447%38.339%貴州省1.299%33.991%15.557%12.333%云南省1.044%27.227%12.552%9.922%陜西省9.122%238.96%109.72%86.990%甘肅省-2.550%-65.43%-30.04%-23.79%青海省3.977%103.88%47.770%37.778%寧夏-1.992%-50.40%-23.14%-18.33%新疆-2.448%-64.87%-29.78%-23.59%二、企業(yè)業(yè)主要指指標(biāo)較好好值、中中間值和和較差

20、值值注：該項(xiàng)指標(biāo)根據(jù)統(tǒng)計(jì)局2003年末全國18萬家工業(yè)企業(yè)統(tǒng)計(jì)數(shù)據(jù)計(jì)算整理而得，單位為千元，僅供參考。自然排序法三個(gè)值分別為序列中分別處1/4、2/4、3/4位置企業(yè)數(shù)值；算術(shù)平均法分別為所有企業(yè)平均水平、平均線上所有企業(yè)平均水平、平均線下所有企業(yè)水平。在實(shí)踐中中，商業(yè)業(yè)銀行還還經(jīng)常將將企業(yè)主主要指標(biāo)標(biāo)進(jìn)一步步分為較較好值、中間值值和較差差值，用用于更為為細(xì)致地地確定行行業(yè)的進(jìn)進(jìn)入退退出量化化標(biāo)準(zhǔn)。凈資產(chǎn)（千元）利潤（千千元）自然排序序法較好值226008.00025022.000中間值59933.000480.00較差值18066.00012.000算術(shù)平均均法較好值5416612.8313

21、50073.43中間值715116.885123991.775較差值84855.5882188.655三、行業(yè)業(yè)規(guī)模分分析銀行業(yè)普普遍關(guān)心心行業(yè)規(guī)規(guī)模分析析。因?yàn)闉樾袠I(yè)規(guī)規(guī)模的大大小從一一個(gè)方面面決定了了該行業(yè)業(yè)受政府府、包括括地方政政府重視視的程度度，區(qū)域域行業(yè)規(guī)規(guī)模的大大小一定定程度上上決定本本地該行行業(yè)在全全國市場(chǎng)場(chǎng)上的競(jìng)競(jìng)爭(zhēng)地位位。（一）本本行業(yè)與與整個(gè)工工業(yè)之間間的規(guī)模?？偭勘缺容^規(guī)模指標(biāo)標(biāo)總資產(chǎn)利潤銷售收入入從業(yè)人數(shù)數(shù)全國9011115776.33533009411.86411109447.77181882577工業(yè)18455273354447045522558.551152213

22、8863995938801776（二）行行業(yè)內(nèi)各各個(gè)地區(qū)區(qū)與整個(gè)個(gè)行業(yè)規(guī)規(guī)?？偭苛勘容^規(guī)模指標(biāo)資產(chǎn)總量量及所占占比重利潤總額額及所占占比重銷售收入入及所占占比重資產(chǎn)總量量區(qū)域比全全國(%)利潤總額額區(qū)域比全全國(%)銷售收入入 區(qū)域比比全國(%)全國9011115776.33100.00%533009411.8100.00%6411109447.770100.00%北京市361336655.54.011%2840012.505.333%401330811.7006.266%天津市266335599.22.966%1122294.402.111%184660444.3002.888%河北省187

23、221933.22.088%1079964.302.033%128770277.2002.011%山西省3511133.80.399%17533.6000.033%1518890.800.244%內(nèi)蒙4404438.80.499%-11889.550-0.002%1259909.200.200%遼寧省435774577.14.844%179008.8800.344%198112466.7003.099%吉林省1189941229.4413.220%5645577.8010.559%899333266.70014.003%黑龍江省省4307743.50.488%-94660.000-0.118%

24、2062223.400.322%上海市119667600413.228%173119300.432.449%990550500.80015.445%江蘇省641771111.77.122%1743371.703.277%432551144.4006.755%浙江省514224500.25.711%2445585.404.599%365993922.0005.711%安徽省299995788.53.333%844773.1101.588%188003055.9002.933%福建省141774855.51.577%736002.1101.388%122557766.9001.911%江西省193

25、335855.22.155%448336.3300.844%101993277.6001.599%山東省521004700.45.788%2711105.805.099%481883577.7007.522%河南省131551433.51.466%452660.4400.855%9837737.301.533%湖北省1133378335.7712.558%3738864.207.011%539775266.2008.422%湖南省139334233.71.555%277331.8800.522%7293382.001.144%廣東省511227500.55.677%7361154.9013.8

26、81%457774211.2007.144%廣西1935553662.155%984774.6601.855%181553466.7002.833%海南省5083354.20.566%136997.0000.266%4793376.600.755%重慶市429229299.94.766%2353343.904.411%265116155.9004.144%四川省152227699.71.699%412007.6600.777%102223400.1001.599%貴州省2654443.70.299%12600.0000.022%973222.5500.155%云南省5005574.70.566

27、%24155.7000.055%2320007.600.366%陜西省9890004.41.100%539446.0001.011%5912295.000.922%甘肅省690227.110.088%-3822.400-0.001%153008.6600.022%青海省366223.330.044%725.200.011%182884.6600.033%寧夏76088.70.011%-32.800.000%17044.7000.000%新疆1129945.20.133%-14991.000-0.003%602003.4400.099%全國9011115776.33100.00%53300941

28、1.8100.00%6411109447.770100.00%（三）本本行業(yè)不不同規(guī)模模企業(yè)與與整個(gè)行行業(yè)之間間的規(guī)模?？偭勘缺容^規(guī)模指標(biāo)標(biāo)總資產(chǎn)利潤銷售收入入從業(yè)人數(shù)數(shù)全行業(yè)90111157765330094226411109447.77181882577大型企業(yè)業(yè)516771011134200712237533704495622294中型企業(yè)業(yè)232552799012677388816255230076010005小型企業(yè)業(yè)1518877775642884210322159916549958四、行業(yè)業(yè)集中度度分析行業(yè)集中中度是衡衡量一個(gè)個(gè)行業(yè)的的主要財(cái)財(cái)務(wù)指標(biāo)標(biāo)向行業(yè)業(yè)核心企企業(yè)集中中程度

29、的的一個(gè)指指標(biāo)，報(bào)報(bào)告中用用行業(yè)中中排名前前10位位的企業(yè)業(yè)占全行行業(yè)主要要財(cái)務(wù)指指標(biāo)（銷銷售收入入、資產(chǎn)產(chǎn)、利潤潤）的比比例來表表示。集集中度不不同的行行業(yè)，其其企業(yè)運(yùn)運(yùn)行方式式與特點(diǎn)點(diǎn)各不相相同。銀銀行可以以根據(jù)自自己的市市場(chǎng)定位位和營銷銷戰(zhàn)略，采用對(duì)對(duì)應(yīng)的舉舉措來管管理和開開發(fā)特點(diǎn)點(diǎn)各異的的細(xì)分市市場(chǎng)。Top 10(%)銷售集中中度34.332%資產(chǎn)集中中度26.998%利潤集中中度43.333%五、行業(yè)業(yè)效率分分析行業(yè)效率率在一定定程度上上反映了了行業(yè)發(fā)發(fā)展速度度，決定定著行業(yè)業(yè)未來的的發(fā)展空空間。每每萬元資資產(chǎn)利潤潤指標(biāo)用用來衡量量企業(yè)資資產(chǎn)的贏贏利能力力。每萬萬元資產(chǎn)產(chǎn)利潤=利潤/

30、總資產(chǎn)產(chǎn)（單位位萬元）。每萬萬元固定定資產(chǎn)利利潤指標(biāo)標(biāo)用來衡衡量企業(yè)業(yè)固定資資產(chǎn)的贏贏利能力力。每萬萬元固定定資產(chǎn)利利潤=利利潤/固固定資產(chǎn)產(chǎn)（單位位萬元）。人均均利潤指指標(biāo)用來來衡量企企業(yè)員工工的贏利利能力。人均利利潤=利利潤/員員工人數(shù)數(shù)（單位位人）。本行業(yè)效效率與全全部工業(yè)業(yè)行業(yè)效效率對(duì)比比單位：元元本行業(yè)aa全部工業(yè)業(yè)行業(yè)bb本行業(yè)與與工業(yè)行行業(yè)相比比（%）每萬元資資產(chǎn)利潤潤591.59381.80154.95%每萬元固固定資產(chǎn)產(chǎn)利潤26633.577997.40267.05%人均利潤潤293118.997118664.661247.11%分地區(qū)行行業(yè)效率率對(duì)比每萬元資資產(chǎn)利潤潤地區(qū)比

31、全國(%)每萬元固固定資產(chǎn)產(chǎn)利潤地區(qū)比全國(%)人均利潤潤與全國比比較(%)全國591.59100.00%26633.577100.00%293118.997100.00%北京市785.94132.85%35044.233131.56%443773.449151.35%天津市421.6071.226%16022.94460.118%236002.11780.550%河北省576.6797.448%27755.988104.22%199888.22168.118%山西省49.9948.444%161.636.077%893.783.055%內(nèi)蒙-27.01-4.557%-1099.777-4.1

32、12%-23222.779-7.992%遼寧省41.1106.955%181.226.800%25122.6778.577%吉林省474.6780.224%26922.199101.07%343229.440117.09%黑龍江省省-2199.622-37.12%-7122.966-26.77%-46557.880-15.89%上海市14477.188244.62%68788.722258.25%1534448.78523.38%江蘇省271.7345.993%10222.11138.337%113993.00538.886%浙江省475.6280.440%21700.40081.448%13

33、2998.33245.336%安徽省281.6247.660%12122.80045.553%134118.00145.777%福建省519.2487.777%19388.54472.778%201114.88168.661%江西省231.8839.220%847.4831.882%100997.55834.444%山東省520.3187.995%24277.28891.113%173667.88959.224%河南省344.1558.117%14500.40054.445%91999.64431.338%湖北省329.7555.774%15200.37757.008%196443.88867

34、.000%湖南省199.0233.664%929.7334.991%57055.66619.446%廣東省14399.844243.38%71622.899268.92%982885.003335.23%廣西508.7786.000%25866.83397.112%232775.11079.339%海南省269.4445.554%16622.10062.440%271449.66592.660%重慶市548.2192.667%21311.23380.001%281006.88195.887%四川省270.6145.774%11244.64442.222%69255.41123.662%貴州省4

35、7.4478.022%128.024.811%11111.2113.799%云南省48.2268.166%165.896.233%17400.1775.944%陜西省545.4692.220%20655.95577.556%169888.11957.994%甘肅省-55.40-9.336%-1300.488-4.990%-6788.500-2.331%青海省198.0233.447%586.8722.003%44955.97715.333%寧夏-43.11-7.229%-95.55-3.559%-6300.777-2.115%新疆-1322.011-22.31%-5855.155-21.97%

36、-41001.779-13.99%全國591.59100.00%26633.577100.00%293118.997100.00%六、行業(yè)業(yè)主要財(cái)財(cái)務(wù)指標(biāo)標(biāo)分析（一）盈盈利能力力分析贏利能力力是指賺賺取利潤潤的能力力，報(bào)告告通過凈凈資產(chǎn)收收益率、總資產(chǎn)產(chǎn)報(bào)酬率率、銷售售利潤率率、成本本費(fèi)用利利潤率等等財(cái)務(wù)指指標(biāo)來衡衡量。凈凈資產(chǎn)收收益率是是指企業(yè)業(yè)一定時(shí)時(shí)期內(nèi)的的凈利潤潤同平均均凈資產(chǎn)產(chǎn)的比率率。凈資資產(chǎn)收益益率體現(xiàn)現(xiàn)了投資資者投入入企業(yè)的的股權(quán)資資金獲取取凈收益益的能力力，突出出反映了了投資與與收益的的關(guān)系。凈資產(chǎn)產(chǎn)收益率率 = 凈利潤潤/平均均凈資產(chǎn)產(chǎn)1000%。其其中：平平均凈資資產(chǎn)=（

37、年初初凈資產(chǎn)產(chǎn) + 年末凈凈資產(chǎn)）/2?？偖a(chǎn)產(chǎn)報(bào)酬率率是指企企業(yè)一定定時(shí)期內(nèi)內(nèi)獲得的的報(bào)酬總總額與平平均資產(chǎn)產(chǎn)總額的的比率?？傎Y產(chǎn)產(chǎn)報(bào)酬率率用于衡衡量企業(yè)業(yè)包括凈凈資產(chǎn)和和負(fù)債在在內(nèi)的全全部資產(chǎn)產(chǎn)的總體體獲利能能力?？偪傎Y產(chǎn)報(bào)報(bào)酬率=（利潤潤總額+利息費(fèi)費(fèi)用）/平均資資產(chǎn)總額額1000%。銷售售利稅率率是指利利稅總額額與銷售售凈收入入的比率率，它反反映企業(yè)業(yè)銷售收收入的收收益水平平和貢獻(xiàn)獻(xiàn)程度。銷售利利潤率（銷售售利潤/產(chǎn)品銷銷售凈收收入）1000。成本本費(fèi)用利利潤率是是企業(yè)一一定時(shí)期期的利潤潤總額同同企業(yè)成成本費(fèi)用用總額的的比率。成本費(fèi)費(fèi)用利潤潤率表示示企業(yè)為為取得利利潤而付付出的代代價(jià)，從

38、從企業(yè)支支出方面面評(píng)價(jià)企企業(yè)的收收益能力力。成本本費(fèi)用利利潤率=利潤總總額/成成本費(fèi)用用總額1000%。本行業(yè)盈盈利能力力與全部部工業(yè)行行業(yè)盈利利能力對(duì)對(duì)比本行業(yè)AA工業(yè)行業(yè)業(yè)B本行業(yè)與與工業(yè)相相比a/b（%）凈資產(chǎn)收收益率（%）8.855%6.311%140.25%總資產(chǎn)報(bào)報(bào)酬率（%）6.333%4.633%136.72%銷售利潤潤率（%）15.772%7.333%214.46%成本費(fèi)用用利潤率率（%）9.088%6.611%137.37%分地區(qū)行行業(yè)盈利利能力對(duì)對(duì)比凈資產(chǎn)收益率（%）地區(qū)比全國（%）總資產(chǎn)報(bào)報(bào)酬率（%）地區(qū)比全國(%)銷售利潤率（%）地區(qū)比全國（%）成本費(fèi)用用利潤率（%）地

39、區(qū)比全全國（%）全國8.855%100.00%6.333%100.00%15.772%100.00%9.088%100.00%北京市13.556%153.17%8.199%129.45%13.331%84.667%7.711%84.992%天津市5.588%63.007%4.688%73.997%11.888%75.660%6.599%72.661%河北省8.233%92.997%6.311%99.779%14.665%93.118%9.011%99.118%山西省1.366%15.336%1.533%24.110%15.336%97.771%1.144%12.552%內(nèi)蒙-0.440%-4.

40、550%0.511%8.011%11.888%75.660%-0.992%-10.14%遼寧省0.977%11.000%0.888%13.887%12.333%78.445%0.922%10.115%吉林省8.099%91.334%5.300%83.772%11.770%74.446%6.666%73.332%黑龍江省省20.331%229.39%-0.669%-10.98%10.990%69.337%-4.338%-48.21%上海市15.442%174.10%14.229%225.77%23.221%147.65%21.333%234.84%江蘇省4.311%48.667%3.377%53

41、.226%14.553%92.443%4.244%46.664%浙江省7.244%81.778%5.877%92.880%14.668%93.338%7.088%77.991%安徽省5.599%63.117%3.000%47.448%14.886%94.556%4.733%52.005%福建省6.877%77.660%5.700%90.001%14.116%90.111%6.455%70.999%江西省4.244%47.884%2.788%43.888%16.667%106.07%4.655%51.117%山東省10.002%113.21%5.800%91.773%11.779%75.002%

42、6.044%66.446%河南省7.133%80.551%4.388%69.223%14.558%92.775%4.833%53.115%湖北省4.299%48.442%3.500%55.333%13.446%85.666%7.166%78.883%湖南省4.011%45.228%2.955%46.558%11.551%73.224%3.888%42.774%廣東省20.338%230.21%14.664%231.42%22.995%146.02%19.776%217.60%廣西8.566%96.663%5.488%86.668%16.117%102.89%5.755%63.330%海南省5.

43、344%60.227%3.800%60.000%6.500%41.338%3.066%33.664%重慶市6.622%74.776%5.699%89.995%18.990%120.23%9.744%107.25%四川省4.577%51.660%3.355%52.999%12.220%77.663%4.233%46.552%貴州省1.200%13.555%1.233%19.446%18.447%117.48%1.300%14.334%云南省0.733%8.255%1.144%18.008%11.882%75.220%1.044%11.550%陜西省10.339%117.33%6.155%97.2

44、25%18.777%119.43%10.002%110.36%甘肅省-1.006%-11.95%0.299%4.555%14.335%91.331%-2.444%-26.86%青海省3.055%34.446%2.622%41.337%19.994%126.88%4.344%47.775%寧夏-1.335%-15.20%0.544%8.544%25.117%160.09%-1.999%-21.86%新疆-3.440%-38.44%-0.884%-13.30%7.099%45.112%-2.337%-26.11%（二）營營運(yùn)能力力分析營運(yùn)能力力是指運(yùn)運(yùn)用各種種經(jīng)濟(jì)資資源從事事生產(chǎn)經(jīng)經(jīng)營活動(dòng)動(dòng)的能力

45、力，也即即資金周周轉(zhuǎn)能力力或資產(chǎn)產(chǎn)管理效效率。報(bào)報(bào)告采用用總資產(chǎn)產(chǎn)周轉(zhuǎn)率率、流動(dòng)動(dòng)資產(chǎn)周周轉(zhuǎn)率、應(yīng)收帳帳款周轉(zhuǎn)轉(zhuǎn)率來衡衡量?？偪傎Y產(chǎn)周周轉(zhuǎn)率是是指企業(yè)業(yè)一定時(shí)時(shí)期營業(yè)業(yè)收入總總額同平平均資產(chǎn)產(chǎn)總額的的比值?？傎Y產(chǎn)產(chǎn)周轉(zhuǎn)率率是綜合合評(píng)價(jià)企企業(yè)全部部資產(chǎn)經(jīng)經(jīng)營質(zhì)量量和利用用效率的的重要指指標(biāo)?？偪傎Y產(chǎn)周周轉(zhuǎn)率=營業(yè)收收入總額額/平均均資產(chǎn)總總額1000%。此此指標(biāo)是是衡量企企業(yè)營運(yùn)運(yùn)能力的的指標(biāo)之之一，流流動(dòng)資產(chǎn)產(chǎn)周轉(zhuǎn)率率=營業(yè)業(yè)收入/平均流流動(dòng)資產(chǎn)產(chǎn)1000%。應(yīng)應(yīng)收賬款款周轉(zhuǎn)率率是指企企業(yè)一定定時(shí)期內(nèi)內(nèi)主營業(yè)業(yè)務(wù)收入入凈額同同應(yīng)收賬賬款平均均余額的的比率。應(yīng)收賬賬款周轉(zhuǎn)轉(zhuǎn)率是反反映企業(yè)業(yè)應(yīng)收帳

46、帳款回收收情況的的指標(biāo)。應(yīng)收賬賬款周轉(zhuǎn)轉(zhuǎn)率=營業(yè)收收入凈額額/應(yīng)收收賬款平平均余額額1000%。本行業(yè)營營運(yùn)能力力與全部部工業(yè)行行業(yè)營運(yùn)運(yùn)能力對(duì)對(duì)比本行業(yè)AA工業(yè)B與全部工工業(yè)行業(yè)業(yè)相比aa/b（%）總資產(chǎn)周周轉(zhuǎn)率（次）0.7110.6221.144流動(dòng)資產(chǎn)產(chǎn)周轉(zhuǎn)率率（次）1.2881.3990.922應(yīng)收賬款款周轉(zhuǎn)率率（次）5.7775.5331.044分地區(qū)行行業(yè)營運(yùn)運(yùn)能力對(duì)對(duì)比總資產(chǎn)周周轉(zhuǎn)率（次）與全國比較（%）流動(dòng)資產(chǎn)產(chǎn)周轉(zhuǎn)率率（次）與全國比較（%）應(yīng)收賬款款周轉(zhuǎn)率率（次）與全國比較（%）全國0.711100.00%1.288100.00%5.777100.00%北京市1.111156

47、.09%1.933150.17%10.445180.99%天津市0.69997.442%1.21194.007%2.74447.440%河北省0.69996.662%1.18891.886%5.68898.447%山西省0.43360.880%0.76659.005%2.50043.336%內(nèi)蒙0.29940.118%0.51140.114%1.68829.116%遼寧省0.45563.991%0.75558.333%4.00069.337%吉林省0.766106.28%1.411110.17%4.32274.776%黑龍江省省0.48867.229%1.03380.449%3.43359.4

48、49%上海市0.833116.33%1.311102.47%9.566165.60%江蘇省0.67794.773%1.27798.669%4.64480.442%浙江省0.711100.02%1.366106.19%4.35575.229%安徽省0.63388.111%1.12287.111%6.922119.96%福建省0.866121.55%1.399108.52%6.199107.18%江西省0.53374.110%0.95573.880%7.366127.59%山東省0.922129.98%1.600124.62%7.577131.20%河南省0.755105.14%1.23396.1

49、16%5.02287.004%湖北省0.48866.991%1.11186.662%6.877118.96%湖南省0.52273.557%1.00077.664%3.68863.668%廣東省0.900125.84%1.455113.36%9.166158.64%廣西0.944131.83%1.466113.55%5.68898.448%海南省0.944132.54%1.288100.11%19.660339.64%重慶市0.62286.882%1.13388.224%5.20090.009%四川省0.67794.336%1.24497.005%4.87784.229%貴州省0.37751.5

50、53%0.79961.991%2.58844.669%云南省0.46665.115%1.06682.445%10.002173.62%陜西省0.60084.003%1.09985.009%3.71164.221%甘肅省0.22231.117%0.55542.881%1.48825.556%青海省0.50070.117%1.05581.996%5.999103.83%寧夏0.22231.449%0.44434.008%1.78830.990%新疆0.53374.992%0.82263.883%4.27774.006%（三）償償債能力力分析償債能力力是指償償還各種種債務(wù)的的能力，通過償償債能力力的

51、分析析可以揭揭示企業(yè)業(yè)的財(cái)務(wù)務(wù)狀況及及財(cái)務(wù)分分析。報(bào)報(bào)告采用用資產(chǎn)負(fù)負(fù)債率、已獲利利息倍數(shù)數(shù)來衡量量。資產(chǎn)產(chǎn)負(fù)債率率是指企企業(yè)一定定時(shí)期負(fù)負(fù)債總額額同資產(chǎn)產(chǎn)總額的的比率。資產(chǎn)負(fù)負(fù)債率用用來衡量量企業(yè)總總資產(chǎn)中中有多少少是通過過負(fù)債籌籌集的；資產(chǎn)負(fù)負(fù)債率的的計(jì)算公公式如下下：資產(chǎn)產(chǎn)負(fù)債率率 =負(fù)債債總額/資產(chǎn)總總額1000%。已獲利利息倍數(shù)數(shù)又稱利利息保障障倍數(shù)，反映了了獲利能能力對(duì)債債務(wù)償付付的保證證程度，是分析析企業(yè)長長期償債債能力的的指標(biāo)。已獲利利息倍數(shù)數(shù)=稅前前利潤總總額/利利息支出出1000%。本行業(yè)償償債能力力與全部部工業(yè)行行業(yè)償債債能力對(duì)對(duì)比本行業(yè)AA全部工業(yè)業(yè)行業(yè)BB與全部工工業(yè)

52、行業(yè)業(yè)相比aa/b資產(chǎn)負(fù)債債率55.224%59.445%0.922已獲利息息倍數(shù)15.3385.7112.699分地區(qū)行行業(yè)償債債能力對(duì)對(duì)比資產(chǎn)負(fù)債債率（%）與全國比較（%）已獲利息息倍數(shù)與全國比較（%）全國55.224%100.00%15.338100.00%北京市61.117%110.75%24.773160.82%天津市49.442%89.446%10.00865.553%河北省53.007%96.007%11.55375.001%山西省75.440%136.51%1.4999.677%內(nèi)蒙54.662%98.888%0.6554.244%遼寧省71.772%129.85%1.8881

53、2.223%吉林省60.668%109.85%9.62262.556%黑龍江省省107.24%194.16%-0.446-3.001%上海市37.110%67.117%-76.76-4999.211%江蘇省57.775%104.55%5.16633.559%浙江省55.999%101.37%5.26634.224%安徽省66.227%119.97%15.999103.97%福建省49.337%89.338%11.33273.664%江西省63.332%114.64%6.07739.446%山東省65.222%118.08%9.66662.882%河南省67.666%122.48%4.66630

54、.333%湖北省48.447%87.774%17.223112.05%湖南省66.774%120.83%3.08820.003%廣東省52.668%95.336%59.995389.89%廣西60.116%108.91%13.88189.880%海南省66.117%119.80%3.45522.440%重慶市44.551%80.558%27.117176.69%四川省60.332%109.21%5.18833.771%貴州省73.449%133.05%1.63310.558%云南省55.775%100.93%1.73311.225%陜西省64.882%117.35%8.81157.227%甘肅

55、省64.992%117.54%0.3442.222%青海省56.551%102.31%4.11126.770%寧夏78.554%142.19%0.5663.622%新疆74.002%134.00%-1.776-11.43%（四）發(fā)發(fā)展能力力分析發(fā)展能力力是指不不斷發(fā)展展的能力力。通過過發(fā)展能能力分析析可以了了解發(fā)展展變化情情況，并并可以預(yù)預(yù)測(cè)發(fā)展展前景。報(bào)告中中采用資資本積累累率、銷銷售增長長率、總總資產(chǎn)增增長率來來衡量。資本積積累率是是指企業(yè)業(yè)本年所所有者權(quán)權(quán)益增長長額同年年初所有有者權(quán)益益的比率率。資本本積累率率表示企企業(yè)當(dāng)年年資本的的積累能能力，是是評(píng)價(jià)企企業(yè)發(fā)展展?jié)摿Φ牡闹匾钢笜?biāo)。資

56、資本積累累率本本年所有有者權(quán)益益增長額額/年初初所有者者權(quán)益1000%。銷銷售（營營業(yè)）增增長率是是指企業(yè)業(yè)本年銷銷售（營營業(yè)）收收入增長長額同上上年銷售售（營業(yè)業(yè)）收入入總額的的比率。銷售（營業(yè)）增長率率表示與與上年相相比，企企業(yè)銷售售（營業(yè)業(yè)）收入入的增減減變動(dòng)情情況，是是評(píng)價(jià)企企業(yè)成長長狀況和和發(fā)展能能力的重重要指標(biāo)標(biāo)。銷售售（營業(yè)業(yè)）增長長率本本年銷售售增長額額/上年年銷售收收入總額額l000%。此此比率是是衡量企企業(yè)發(fā)展展能力的的指標(biāo)之之一。總總資產(chǎn)增增長率=本年總總資產(chǎn)增增長額/年初資資產(chǎn)總額額1000%。本行業(yè)發(fā)發(fā)展能力力與全部部工業(yè)行行業(yè)發(fā)展展能力對(duì)對(duì)比本行業(yè)AA全部工業(yè)業(yè)行業(yè)

57、BB與全部工工業(yè)行業(yè)業(yè)相比aa/b（%）資本積累累率23.330%15.220%153%銷售增長長率20.996%32.663%64%總資產(chǎn)增增長率20.552%16.779%122%分地區(qū)行行業(yè)發(fā)展展能力對(duì)對(duì)比資本積累率（%）與全國比較（%）銷售增長長率（%）與全國比較（%）總資產(chǎn)增增長率(%)與全國比較(%)全國23.330%100.00%20.996%100.00%20.552%100.00%北京市43.339%186.22%72.555%346.14%42.779%208.53%天津市30.448%130.82%30.668%146.37%21.006%102.63%河北省43.777

58、%187.85%25.998%123.95%25.882%125.83%山西省-2.227%-9.774%23.339%111.59%6.966%33.992%內(nèi)蒙-1.552%-6.552%46.000%219.47%21.992%106.82%遼寧省14.667%62.996%11.882%56.339%32.887%160.19%吉林省12.444%53.339%10.994%52.119%15.005%73.334%黑龍江省省59.776%256.48%-4.990%-23.38%7.766%37.882%上海市21.993%94.112%12.445%59.440%15.002%73

59、.220%江蘇省13.779%59.118%13.449%64.336%17.225%84.006%浙江省31.220%133.91%27.771%132.20%28.448%138.79%安徽省16.888%72.445%26.448%126.34%23.330%113.55%福建省15.448%66.444%6.477%30.887%15.663%76.117%江西省12.229%52.775%10.665%50.881%8.522%41.552%山東省37.445%160.73%31.449%150.24%25.992%126.32%河南省16.227%69.883%32.112%153

60、.24%22.775%110.87%湖北省29.882%127.98%15.220%72.552%18.663%90.779%湖南省44.777%192.15%6.688%31.887%25.885%125.97%廣東省41.889%179.79%26.665%127.15%30.774%149.81%廣西14.446%62.006%27.669%132.11%19.770%96.000%海南省18.445%79.118%-0.881%-3.886%21.445%104.53%重慶市14.113%60.664%28.557%136.31%16.004%78.117%四川省27.449%117.