xx集團(tuán)財(cái)務(wù)報(bào)表分析報(bào)告課件

資產(chǎn)負(fù)債表、利潤(rùn)表、現(xiàn)金流量表分析——會(huì)計(jì)15班第1小組資產(chǎn)負(fù)債表、利潤(rùn)表、現(xiàn)金流量表分析——會(huì)計(jì)15班第1小組現(xiàn)金流量表資產(chǎn)負(fù)債表利潤(rùn)表123現(xiàn)金流量表資產(chǎn)負(fù)債表利潤(rùn)表123資產(chǎn)負(fù)債表1資產(chǎn)負(fù)債表1報(bào)表日期20111231201012312009123120081231貨幣資金18.11%18.37%21.05%19.66%應(yīng)收票據(jù)3.72%2.34%1.10%1.63%應(yīng)收賬款6.85%6.15%5.84%6.25%預(yù)付款項(xiàng)6.99%6.17%3.82%1.96%其他應(yīng)收款1.79%1.60%0.92%0.91%存貨17.79%14.90%12.94%11.41%流動(dòng)資產(chǎn)合計(jì)55.24%49.53%45.67%41.82%可供出售金融資產(chǎn)0.81%1.09%1.73%0.15%長(zhǎng)期股權(quán)投資1.94%0.09%0.09%0.27%投資性房地產(chǎn)0.88%1.95%2.39%2.73%固定資產(chǎn)原值25.96%30.57%33.18%35.45%累計(jì)折舊9.17%11.97%12.14%12.12%固定資產(chǎn)凈值16.78%18.60%21.04%23.32%固定資產(chǎn)減值準(zhǔn)備0.17%0.20%0.23%0.25%固定資產(chǎn)凈額16.61%18.40%20.81%23.07%在建工程1.63%3.28%2.18%1.55%無形資產(chǎn)19.39%21.95%23.41%26.31%開發(fā)支出0.00%0.00%0.00%0.00%商譽(yù)2.61%3.13%3.37%3.68%長(zhǎng)期待攤費(fèi)用0.10%0.04%0.03%0.03%遞延所得稅資產(chǎn)0.48%0.53%0.31%0.38%其他非流動(dòng)資產(chǎn)0.30%0.00%0.00%0.00%非流動(dòng)資產(chǎn)合計(jì)44.76%50.47%54.33%58.18%資產(chǎn)總計(jì)100.00%100.00%100.00%100.00%一、主要項(xiàng)目結(jié)構(gòu)分析報(bào)表日期20111231201012312009123120流動(dòng)資產(chǎn)結(jié)構(gòu)圖示流動(dòng)資產(chǎn)結(jié)構(gòu)圖示短期償債能力短期償債能力2011年2010年2009年2008年參考標(biāo)準(zhǔn)營(yíng)運(yùn)資本-136144.00-107540.00-123026.00-163389.00大于0流動(dòng)比率76.34%76.40%70.77%60.43%1.5:1速動(dòng)比率42.11%43.89%44.79%41.12%0.8:1現(xiàn)金比率25.03%28.33%32.62%28.41%財(cái)務(wù)困境時(shí)用短期償債能力短期償債能力2011年2010年2009年200長(zhǎng)期償債能力長(zhǎng)期償債能力2011年2010年2009年2008年資產(chǎn)負(fù)債率79.61%75.21%72.87%72.91%產(chǎn)權(quán)比率390.34%303.38%268.63%269.20%有形凈值債務(wù)率-4974.83%-26120.61%-20985.34%-2503.62%長(zhǎng)期償債能力長(zhǎng)期償債能力2011年2010年2009年200資產(chǎn)營(yíng)運(yùn)效率資產(chǎn)營(yíng)運(yùn)效率

2011年

2010年

2009年

2008年

總資產(chǎn)周轉(zhuǎn)率

85.25%88.34%84.47%81.83%流動(dòng)資產(chǎn)周轉(zhuǎn)率

162.18%185.29%192.71%193.82%應(yīng)收賬款周轉(zhuǎn)率

1307.75%1472.56%1399.55%1364.03%存貨周轉(zhuǎn)率

398.36%481.16%518.17%562.29%固定資產(chǎn)周轉(zhuǎn)率

483.32%446.69%381.68%345.23%資產(chǎn)營(yíng)運(yùn)效率(天數(shù))

2011年

2010年

2009年

2008年

總資產(chǎn)周轉(zhuǎn)率

422.29407.52426.19439.94流動(dòng)資產(chǎn)周轉(zhuǎn)率

221.98194.29186.81185.74應(yīng)收賬款周轉(zhuǎn)率

27.5324.4525.7226.39存貨周轉(zhuǎn)率

90.3774.8269.4864.02固定資產(chǎn)周轉(zhuǎn)率

74.4880.5994.32104.28資產(chǎn)營(yíng)運(yùn)效率資產(chǎn)營(yíng)運(yùn)效率2011年2010年2009年利潤(rùn)表2利潤(rùn)表2太極集團(tuán)利潤(rùn)表報(bào)表日期20111231201012312009123120081231單位萬元萬元萬元萬元一、營(yíng)業(yè)總收入638580.00598562.00527515.00481488.00營(yíng)業(yè)收入638580.00598562.00527515.00481488.00二、營(yíng)業(yè)總成本647737.00601512.00519793.00476391.00營(yíng)業(yè)成本490390.00455161.00395100.00370830.00營(yíng)業(yè)稅金及附加3292.893137.793100.822865.53銷售費(fèi)用81437.3082294.5062569.3051554.60管理費(fèi)用47569.9044681.1043949.5032173.00財(cái)務(wù)費(fèi)用24148.6015360.8014339.0018302.30資產(chǎn)減值損失898.20877.12734.09665.96投資收益8.5490.5241.3339.48其中:對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益6.9219.492.309.38三、營(yíng)業(yè)利潤(rùn)-9148.03-2859.667763.105136.27營(yíng)業(yè)外收入18807.004168.573765.736519.70營(yíng)業(yè)外支出1417.4213717.50647.433445.87非流動(dòng)資產(chǎn)處置損失566.182376.41154.11103.88利潤(rùn)總額8241.53-12408.6010881.408210.10所得稅費(fèi)用3854.41266.703193.172327.43四、凈利潤(rùn)4387.12-12675.307688.235882.67歸屬于母公司所有者的凈利潤(rùn)2067.97-16158.603769.992350.10少數(shù)股東損益2319.153483.253918.243532.57太極集團(tuán)利潤(rùn)表報(bào)表日期2011123120101231200太極集團(tuán)利潤(rùn)表_結(jié)構(gòu)百分比報(bào)表日期20111231201012312009123120081231單位萬元萬元萬元萬元一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%營(yíng)業(yè)收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本101.43%100.49%98.54%98.94%營(yíng)業(yè)成本76.79%76.04%74.90%77.02%營(yíng)業(yè)稅金及附加0.52%0.52%0.59%0.60%銷售費(fèi)用12.75%13.75%11.86%10.71%管理費(fèi)用7.45%7.46%8.33%6.68%財(cái)務(wù)費(fèi)用3.78%2.57%2.72%3.80%資產(chǎn)減值損失0.14%0.15%0.14%0.14%投資收益0.00%0.02%0.01%0.01%其中:對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益-1.43%-0.48%1.47%1.07%三、營(yíng)業(yè)利潤(rùn)2.95%0.70%0.71%1.35%營(yíng)業(yè)外收入0.22%2.29%0.12%0.72%營(yíng)業(yè)外支出0.09%0.40%0.03%0.02%非流動(dòng)資產(chǎn)處置損失1.29%-2.07%2.06%1.71%利潤(rùn)總額0.60%0.04%0.61%0.48%所得稅費(fèi)用0.00%0.00%0.00%0.00%四、凈利潤(rùn)0.69%-2.12%1.46%1.22%歸屬于母公司所有者的凈利潤(rùn)0.32%-2.70%0.71%0.49%少數(shù)股東損益0.36%0.58%0.74%0.73%太極集團(tuán)利潤(rùn)表_結(jié)構(gòu)百分比報(bào)表日期2011123120101同行業(yè)利潤(rùn)表_結(jié)構(gòu)百分比報(bào)表日期20111231201012312009123120081231單位萬元萬元萬元萬元一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%營(yíng)業(yè)收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本106.84%153.36%94.09%102.62%營(yíng)業(yè)成本59.44%61.47%60.26%59.17%營(yíng)業(yè)稅金及附加0.91%0.73%0.83%0.92%銷售費(fèi)用17.09%15.14%15.81%16.24%管理費(fèi)用17.46%20.78%19.73%16.17%財(cái)務(wù)費(fèi)用6.59%15.66%8.56%7.76%資產(chǎn)減值損失5.34%39.58%-11.09%2.35%公允價(jià)值變動(dòng)收益-0.04%-1.22%0.48%-0.01%投資收益7.06%2.23%2.67%2.02%其中:對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益1.30%0.05%0.33%0.62%三、營(yíng)業(yè)利潤(rùn)0.18%-52.35%9.05%-0.60%營(yíng)業(yè)外收入7.09%13.27%10.23%6.67%營(yíng)業(yè)外支出0.74%3.31%0.85%1.07%非流動(dòng)資產(chǎn)處置損失0.08%0.79%0.11%0.32%利潤(rùn)總額6.54%-42.39%18.44%5.00%所得稅費(fèi)用2.51%3.04%2.48%2.07%四、凈利潤(rùn)4.03%-45.43%15.95%2.93%歸屬于母公司所有者的凈利潤(rùn)4.38%-45.75%15.08%2.08%少數(shù)股東損益-0.34%0.32%0.87%0.85%同行業(yè)利潤(rùn)表_結(jié)構(gòu)百分比報(bào)表日期20111231201012代碼簡(jiǎn)稱實(shí)際流通A股銷售凈利率%排名002653海思科0.455.591002038雙鷺?biāo)帢I(yè)3.1354.962002693雙成藥業(yè)0.352.13002393力生制藥0.8334.084002437譽(yù)衡藥業(yè)0.9521.485600196復(fù)星醫(yī)藥9.8820.296600276恒瑞醫(yī)藥12.3419.917600867通化東寶7.7618.468002422科倫藥業(yè)2.2317.619000915山大華特1.7914.5110000566海南海藥2.3614.2311000513麗珠集團(tuán)1.7811.8112600080金花股份3.0511.6613002004華邦制藥3.1211.414600568中珠控股0.8511.1715600490中科合臣3.310.1816600062華潤(rùn)雙鶴5.728.5117600513聯(lián)環(huán)藥業(yè)1.528.3218000522白云山A4.698.2219002262恩華藥業(yè)1.967.8620002099海翔藥業(yè)2.587.6321行業(yè)分析-銷售凈利率代碼簡(jiǎn)稱實(shí)際流通A股銷售凈利率%排名002653海思科代碼簡(jiǎn)稱實(shí)際流通A股銷售凈利率%排名600829三精制藥5.87.6222000605ST四環(huán)0.936.4723600420現(xiàn)代制藥2.885.1224600466迪康藥業(yè)4.394.7725600666西南藥業(yè)2.94.7626000545ST吉藥1.164.2327600380健康元15.464.2328000597東北制藥3.313.1529600664哈藥股份10.532.1330600222太龍藥業(yè)4.121.4231000153豐原藥業(yè)2.311.2132600253天方藥業(yè)4.19133600129太極集團(tuán)4.270.4634000606青海明膠3.93-2.0235002370亞太藥業(yè)0.78-5.1636600421ST國(guó)藥1.96-10.5637600671ST天目1.22-17.9938600771ST東盛1.66-34.5739600385ST金泰1.43-245.440行業(yè)分析-銷售凈利率（續(xù)）代碼簡(jiǎn)稱實(shí)際流通A股銷售凈利率%排名600829三精制行業(yè)分析–費(fèi)用控制項(xiàng)目（2008年，%）MAXMINAverage太極集團(tuán)一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本1600.34%33.54%153.36%98.94%營(yíng)業(yè)成本99.59%13.70%61.47%77.02%營(yíng)業(yè)稅金及附加2.27%0.16%0.73%0.60%銷售費(fèi)用52.57%0.56%15.14%10.71%管理費(fèi)用293.21%2.94%20.78%6.68%財(cái)務(wù)費(fèi)用396.94%-1.55%15.66%3.80%資產(chǎn)減值損失1356.68%-26.10%39.58%0.14%公允價(jià)值變動(dòng)收益0.30%-21.54%-1.22%0.00%投資收益38.56%-10.47%2.23%0.01%其中：對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益11.35%-10.47%0.05%0.00%三、營(yíng)業(yè)利潤(rùn)63.97%-1461.78%-52.35%1.07%營(yíng)業(yè)外收入307.82%0.18%13.27%1.35%營(yíng)業(yè)外支出68.96%0.02%3.31%0.72%非流動(dòng)資產(chǎn)處置損失29.57%0.00%0.79%0.02%利潤(rùn)總額179.12%-1457.17%-42.39%1.71%所得稅費(fèi)用59.94%-1.32%3.04%0.48%四、凈利潤(rùn)119.18%-1457.17%-45.43%1.22%行業(yè)分析–費(fèi)用控制項(xiàng)目（2008年，%）MAXMINAv行業(yè)分析–費(fèi)用控制項(xiàng)目（2009年，%）MAXMINAverage太極集團(tuán)一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本306.09%-165.04%94.09%98.54%營(yíng)業(yè)成本101.42%17.17%60.26%74.90%營(yíng)業(yè)稅金及附加2.56%0.00%0.83%0.59%銷售費(fèi)用44.55%0.15%15.81%11.86%管理費(fèi)用176.81%2.89%19.73%8.33%財(cái)務(wù)費(fèi)用173.50%-1.74%8.56%2.72%資產(chǎn)減值損失58.95%-472.21%-11.09%0.14%公允價(jià)值變動(dòng)收益7.68%0.00%0.48%0.00%投資收益83.13%-5.77%2.67%0.01%其中：對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益11.43%-5.77%0.33%0.00%三、營(yíng)業(yè)利潤(rùn)265.04%-211.86%9.05%1.47%營(yíng)業(yè)外收入271.46%0.09%10.23%0.71%營(yíng)業(yè)外支出10.78%0.00%0.85%0.12%非流動(dòng)資產(chǎn)處置損失0.86%0.00%0.11%0.03%利潤(rùn)總額290.95%-122.61%18.44%2.06%所得稅費(fèi)用18.09%-0.13%2.48%0.61%四、凈利潤(rùn)289.41%-126.46%15.95%1.46%行業(yè)分析–費(fèi)用控制項(xiàng)目（2009年，%）MAXMINAv行業(yè)分析–費(fèi)用控制項(xiàng)目（2010年，%）MAXMINAverage太極集團(tuán)一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本358.98%42.25%102.62%100.49%營(yíng)業(yè)成本96.28%16.20%59.17%76.04%營(yíng)業(yè)稅金及附加5.21%0.02%0.92%0.52%銷售費(fèi)用42.78%0.04%16.24%13.75%管理費(fèi)用160.99%3.78%16.17%7.46%財(cái)務(wù)費(fèi)用151.55%-2.52%7.76%2.57%資產(chǎn)減值損失53.77%-0.76%2.35%0.15%公允價(jià)值變動(dòng)收益1.00%-1.99%-0.01%0.00%投資收益25.94%-6.20%2.02%0.02%其中：對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益12.12%-6.20%0.62%0.00%三、營(yíng)業(yè)利潤(rùn)61.50%-265.18%-0.60%-0.48%營(yíng)業(yè)外收入158.57%0.03%6.67%0.70%營(yíng)業(yè)外支出17.46%0.00%1.07%2.29%非流動(dòng)資產(chǎn)處置損失7.09%0.00%0.32%0.40%利潤(rùn)總額88.19%-265.18%5.00%-2.07%所得稅費(fèi)用9.98%-0.06%2.07%0.04%四、凈利潤(rùn)88.00%-265.18%2.93%-2.12%行業(yè)分析–費(fèi)用控制項(xiàng)目（2010年，%）MAXMINAv行業(yè)分析–費(fèi)用控制項(xiàng)目（2011年，%）MAXMINAverage太極集團(tuán)一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本458.58%40.18%106.84%101.43%營(yíng)業(yè)成本93.70%17.23%59.44%76.79%營(yíng)業(yè)稅金及附加2.64%0.16%0.91%0.52%銷售費(fèi)用41.98%0.00%17.09%12.75%管理費(fèi)用169.26%3.87%17.46%7.45%財(cái)務(wù)費(fèi)用178.81%-6.05%6.59%3.78%資產(chǎn)減值損失116.21%-1.14%5.34%0.14%公允價(jià)值變動(dòng)收益0.04%-0.45%-0.04%0.00%投資收益51.79%-3.41%7.06%0.00%其中：對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益35.11%-3.41%1.30%0.00%三、營(yíng)業(yè)利潤(rùn)95.23%-361.99%0.18%-1.43%營(yíng)業(yè)外收入179.28%0.00%7.09%2.95%營(yíng)業(yè)外支出11.63%0.00%0.74%0.22%非流動(dòng)資產(chǎn)處置損失1.07%0.00%0.08%0.09%利潤(rùn)總額144.54%-364.58%6.54%1.29%所得稅費(fèi)用12.86%0.00%2.51%0.60%四、凈利潤(rùn)134.55%-364.58%4.03%0.69%行業(yè)分析–費(fèi)用控制項(xiàng)目（2011年，%）MAXMINAv利潤(rùn)表（簡(jiǎn)化報(bào)表）報(bào)表日期20111231201012312009123120081231單位萬元萬元萬元萬元一、營(yíng)業(yè)總收入638580.00598562.00527515.00481488.00營(yíng)業(yè)成本490390.00455161.00395100.00370830.00毛利148,190.00143,401.00132,415.00110,658.00銷售費(fèi)用81437.3082294.5062569.3051554.60管理費(fèi)用47569.9044681.1043949.5032173.00財(cái)務(wù)費(fèi)用24148.6015360.8014339.0018302.30三、營(yíng)業(yè)利潤(rùn)-9148.03-2859.667763.15136.27營(yíng)業(yè)外收入18807.004168.573765.736519.70營(yíng)業(yè)外支出1417.4213717.50647.433445.87利潤(rùn)總額8241.53-12408.6010881.408210.10所得稅費(fèi)用3854.41266.703193.172327.43四、凈利潤(rùn)4387.12-12675.307688.235882.67利潤(rùn)表（簡(jiǎn)化報(bào)表）報(bào)表日期20111231201012312盈利能力–銷售收入基礎(chǔ)報(bào)表日期20111231201012312009123120081231銷售毛利率23.21%23.96%25.10%22.98%營(yíng)業(yè)利潤(rùn)率-1.43%-0.48%1.47%1.07%銷售利潤(rùn)率1.29%-2.07%2.06%1.71%（息稅前利潤(rùn)率）5.07%0.49%4.78%5.51%銷售凈利潤(rùn)率0.69%-2.12%1.46%1.22%盈利能力–銷售收入基礎(chǔ)報(bào)表日期2011123120101成本費(fèi)用利潤(rùn)率0.67%-2.11%1.47%1.23%成本利潤(rùn)率0.89%-2.78%1.95%1.59%報(bào)表日期20111231201012312009123120081231營(yíng)業(yè)成本490390455161395100370830營(yíng)業(yè)稅金及附加3292.893137.793100.822865.53銷售費(fèi)用81437.382294.562569.351554.6管理費(fèi)用47569.944681.143949.532173財(cái)務(wù)費(fèi)用24148.615360.81433918302.3所得稅費(fèi)用3854.41266.703193.172327.43總計(jì)650,693.10600,901.89522,251.79478,052.86盈利能力–成本費(fèi)用盈利能力成本費(fèi)用利潤(rùn)率0.67%-2.11%1.47%1.23%成本盈利能力–資產(chǎn)基礎(chǔ)報(bào)表日期20111231201012312009123120081231年平均總資產(chǎn)749083.5677598.5624524.5588389.5總資產(chǎn)報(bào)酬率1.10%-1.83%1.74%1.40%息稅前總資產(chǎn)利潤(rùn)率4.32%0.44%4.04%4.51%資產(chǎn)凈利潤(rùn)率0.59%-1.87%1.23%1.00%盈利能力–資產(chǎn)基礎(chǔ)報(bào)表日期201112312010123盈利能力–資本盈利能力報(bào)表日期20111231201012312009123120081231凈資產(chǎn)收益率2.61%-7.22%4.54%3.43%資本金利潤(rùn)率10.28%-33.56%23.41%20.25%資本保值增值率93.07%98.48%109.47%89.18%附列數(shù)據(jù)20111231201012312009123120081231凈資產(chǎn)平均余額168220175601.5169291.5171441平均資本金42689.437763.73283829049年初所有者權(quán)益162,184.00174,256.00176,947.00161,636.00盈利能力–資本盈利能力報(bào)表日期2011123120101報(bào)表日期20111231201012312009123120081231營(yíng)業(yè)總收入638580.00598562.00527515.00481488.00比上年增減40,018.0071,047.0046,027.0040,766.00變動(dòng)幅度6.69%13.47%9.56%9.25%營(yíng)業(yè)利潤(rùn)-9148.03-2859.667763.15136.27比上年增減-6288.37-10622.762626.83-4843.56變動(dòng)幅度219.90%-136.84%51.14%-48.53%凈利潤(rùn)4387.12-12675.307688.235882.67比上年增減17062.42-20363.531805.56-4677.93變動(dòng)幅度-134.61%-264.87%30.69%-44.30%增長(zhǎng)能力報(bào)表日期20111231201012312009123120增長(zhǎng)能力圖示增長(zhǎng)能力圖示行業(yè)分析–

市凈率分析代碼簡(jiǎn)稱實(shí)際流通A股每股凈資產(chǎn)(元)

排名121130收盤價(jià)市凈率排名002262恩華藥業(yè)1.962.811725.2991600276恒瑞醫(yī)藥12.343.99422427.866.982600671ST天目1.221.133847.786.863002038雙鷺?biāo)帢I(yè)3.135.01682633.96.764002653海思科0.43.92322.95.875600490中科合臣3.32.761612.954.696600420現(xiàn)代制藥2.882.64251411.864.497600666西南藥業(yè)2.91.576.084.058000915山大華特1.793.32013.249600466迪康藥業(yè)4.391.2654.313.4210600513聯(lián)環(huán)藥業(yè)1.522.24107.393.311000513麗珠集團(tuán)1.789.873532.13.2512600867通化東寶7.762.62138.333.1813600253天方藥業(yè)4.192.04596.323.0914000606青海明膠3.931.684.552.8415002422科倫藥業(yè)2.2317.673749.772.8216600222太龍藥業(yè)4.121.492664.182.817600062華潤(rùn)雙鶴5.727.89883320.122.5518行業(yè)分析–市凈率分析代碼簡(jiǎn)稱實(shí)際流通A股每股凈資產(chǎn)行業(yè)分析–

市凈率分析（續(xù)）代碼簡(jiǎn)稱實(shí)際流通A股每股凈資產(chǎn)(元)

排名121130收盤價(jià)市凈率排名002004華邦制藥3.125.22812.82.4619002099海翔藥業(yè)2.582.34115.262.2520600129太極集團(tuán)4.272.7193156.12.2421002693雙成藥業(yè)0.36.873215.32.2322002437譽(yù)衡藥業(yè)0.958.13416.872.0823600080金花股份3.053.1277196.432.0624600829三精制藥5.83.5021217.182.0525002370亞太藥業(yè)0.783.52227.142.0326000153豐原藥業(yè)2.312.8143185.652.0127002393力生制藥0.8315.043630.08228600196復(fù)星醫(yī)藥9.885.18279.231.7829600380健康元15.462.5191123.971.5830000566海南海藥2.365.5823308.111.4531600664哈藥股份10.534.12255.681.3832600568中珠控股0.855.83317.541.2933000597東北制藥3.315.252295.681.0834600385ST金泰1.43-1.7424.41-2.5335600771ST東盛1.66-3.0518.61-2.8236600421ST國(guó)藥1.96-0.8734.37-5.0237行業(yè)分析–市凈率分析（續(xù)）代碼簡(jiǎn)稱實(shí)際流通A股每股行業(yè)分析–

市盈率分析代碼簡(jiǎn)稱實(shí)際流通A股每股收益(元)

排名121130收盤價(jià)市盈率排名600222太龍藥業(yè)4.120.025274.18165.871600466迪康藥業(yè)4.390.027384.31157.882600253天方藥業(yè)4.190.0585106.32108.033600490中科合臣3.30.121212.95107.924600129太極集團(tuán)4.270.057796.1105.725000153豐原藥業(yè)2.310.0623115.6590.696600420現(xiàn)代制藥2.880.22791911.8652.047002262恩華藥業(yè)1.960.49662625.2950.938600080金花股份3.050.1269146.4350.679600867通化東寶7.760.1702178.3348.9410002437譽(yù)衡藥業(yè)0.950.352216.8748.211600513聯(lián)環(huán)藥業(yè)1.520.16167.3946.1912600666西南藥業(yè)2.90.14156.0843.4313600276恒瑞醫(yī)藥12.340.65043127.8642.8414002038雙鷺?biāo)帢I(yè)3.130.91793333.936.9315600380健康元15.460.1205133.9732.9516002422科倫藥業(yè)2.231.63749.7731.1117002693雙成藥業(yè)0.30.52715.330.618行業(yè)分析–市盈率分析代碼簡(jiǎn)稱實(shí)際流通A股每股收益(行業(yè)分析–

市盈率分析（續(xù)）代碼簡(jiǎn)稱實(shí)際流通A股每股收益(元)

排名121130收盤價(jià)市盈率排名000915山大華特1.790.472513.228.0919000513麗珠集團(tuán)1.781.163532.127.6720600062華潤(rùn)雙鶴5.720.83533220.1224.0921002099海翔藥業(yè)2.580.22185.2623.9122002653海思科0.40.973422.923.6123000566海南海藥2.360.3706238.1121.8824600568中珠控股0.850.35217.5421.5425002393力生制藥0.831.43630.0821.4926002004華邦制藥3.120.623012.820.6527000597東北制藥3.310.283205.6820.0728600829三精制藥5.80.3959247.1818.1429600196復(fù)星醫(yī)藥9.880.56299.2316.4830600664哈藥股份10.530.5346285.6810.6231600771ST東盛1.66-0.2918.61-29.6932600671ST天目1.22-0.245927.78-31.6433600385ST金泰1.43-0.0544.41-88.234002370亞太藥業(yè)0.78-0.0637.14-11935600421ST國(guó)藥1.96-0.01254.37-364.1736000606青海明膠3.93-0.01164.55-413.6437行業(yè)分析–市盈率分析（續(xù)）代碼簡(jiǎn)稱實(shí)際流通A股每股基于市凈率分析的---相對(duì)價(jià)值定價(jià)法代碼簡(jiǎn)稱實(shí)際流通A股每股凈資產(chǎn)(元)排名121130收盤價(jià)市凈率排名篩選000915山大華特1.793.32013.249?600466迪康藥業(yè)4.391.2654.313.4210Y600513聯(lián)環(huán)藥業(yè)1.522.24107.393.311Y000513麗珠集團(tuán)1.789.873532.13.2512Y600867通化東寶7.762.62138.333.1813Y600253天方藥業(yè)4.192.04596.323.0914Y000606青海明膠3.931.684.552.8415Y002422科倫藥業(yè)2.2317.673749.772.8216Y600222太龍藥業(yè)4.121.492664.182.817Y600062華潤(rùn)雙鶴5.727.89883320.122.5518Y002004華邦制藥3.125.22812.82.4619Y002099海翔藥業(yè)2.582.34115.262.2520Y600129太極集團(tuán)4.272.7193156.12.2421基于市凈率分析的---相對(duì)價(jià)值定價(jià)法代碼簡(jiǎn)稱實(shí)際流通每股代碼簡(jiǎn)稱市凈率排名代碼簡(jiǎn)稱市凈率排名000915山大華特49000915山大華特49600466迪康藥業(yè)3.4210600466迪康藥業(yè)3.4210600513聯(lián)環(huán)藥業(yè)3.311600513聯(lián)環(huán)藥業(yè)3.311000513麗珠集團(tuán)3.2512000513麗珠集團(tuán)3.2512600867通化東寶3.1813600867通化東寶3.1813600253天方藥業(yè)3.0914600253天方藥業(yè)3.0914000606青海明膠2.8415000606青海明膠2.8415002422科倫藥業(yè)2.8216002422科倫藥業(yè)2.8216600222太龍藥業(yè)2.817600222太龍藥業(yè)2.817600062華潤(rùn)雙鶴2.5518600062華潤(rùn)雙鶴2.5518002004華邦制藥2.4619002004華邦制藥2.4619002099海翔藥業(yè)2.2520002099海翔藥業(yè)2.2520簡(jiǎn)單的算術(shù)平均數(shù)2.9967簡(jiǎn)單的算術(shù)平均數(shù)2.9055600129目前的每股凈資產(chǎn)2.7193600129目前的每股凈資產(chǎn)2.7193目前預(yù)期每股最高價(jià)8.1489目前預(yù)期每股最高價(jià)7.9009基于市凈率分析的相對(duì)價(jià)值定價(jià)法

修正的參考標(biāo)準(zhǔn)代碼簡(jiǎn)稱市凈率排名代碼簡(jiǎn)稱市凈率排名000915山大華特49現(xiàn)金流量表3現(xiàn)金流量表3現(xiàn)金流量表分析(萬元表)報(bào)告期20111231201012312009123120081231一、經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量：經(jīng)營(yíng)活動(dòng)現(xiàn)金流入小計(jì)660288638687798823741300經(jīng)營(yíng)活動(dòng)現(xiàn)金流出小計(jì)643050626190764995711554經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~1723812496.833827.529745.7二、投資活動(dòng)產(chǎn)生的現(xiàn)金流量：投資活動(dòng)現(xiàn)金流入小計(jì)27530.114801.44891.235539.97投資活動(dòng)現(xiàn)金流出小計(jì)40494.244745.813654.215537.8投資活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~-12964-29944.3-8763.01-9997.87三、籌資活動(dòng)產(chǎn)生的現(xiàn)金流量：籌資活動(dòng)現(xiàn)金流入小計(jì)333937379096387261309342籌資活動(dòng)現(xiàn)金流出小計(jì)348984365127396587312587籌資活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~-15046.713969.4-9325.28-3245.57現(xiàn)金的期末余額64556.175316.87879563059.3現(xiàn)金的期初余額75316.87879563059.346573.5現(xiàn)金及現(xiàn)金等價(jià)物的凈增加額-10760.6-3478.2515735.716485.8凈現(xiàn)金流量：20111231201012312009123120081231經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~1723812496.833827.529745.7投資活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~-12964-29944.3-8763.01-9997.87籌資活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~-15046.713969.4-9325.28-3245.57NCF-10772.7-3478.115739.2116502.26現(xiàn)金流量表分析(萬元表)報(bào)告期20111231201012現(xiàn)金流量圖示現(xiàn)金流量圖示現(xiàn)金流量表分析(百分比%)報(bào)告期20111231201012312009123120081231一、經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量：經(jīng)營(yíng)活動(dòng)現(xiàn)金流入小計(jì)100.00%100.00%100.00%100.00%經(jīng)營(yíng)活動(dòng)現(xiàn)金流出小計(jì)97.39%98.04%95.77%95.99%經(jīng)營(yíng)活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~2.61%1.96%4.23%4.01%二、投資活動(dòng)產(chǎn)生的現(xiàn)金流量：投資活動(dòng)現(xiàn)金流入小計(jì)67.99%33.08%35.82%35.65%投資活動(dòng)現(xiàn)金流出小計(jì)100.00%100.00%100.00%100.00%投資活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~-32.01%-66.92%-64.18%-64.35%三、籌資活動(dòng)產(chǎn)生的現(xiàn)金流量：籌資活動(dòng)現(xiàn)金流入小計(jì)100.00%100.00%100.00%100.00%籌資活動(dòng)現(xiàn)金流出小計(jì)104.51%96.32%102.41%101.05%籌資活動(dòng)產(chǎn)生的現(xiàn)金流量?jī)纛~-4.51%3.68%-2.41%-1.05%現(xiàn)金的期末余額64556.175316.87879563059.3現(xiàn)金的期初余額75316.87879563059.346573.5現(xiàn)金及現(xiàn)金等價(jià)物的凈增加額-10760.6-3478.2515735.716485.8現(xiàn)金流量表分析(百分比%)報(bào)告期2011123120101謝謝觀賞O(∩_∩)O~謝謝觀賞O(∩_∩)O~36資產(chǎn)負(fù)債表、利潤(rùn)表、現(xiàn)金流量表分析——會(huì)計(jì)15班第1小組資產(chǎn)負(fù)債表、利潤(rùn)表、現(xiàn)金流量表分析——會(huì)計(jì)15班第1小組現(xiàn)金流量表資產(chǎn)負(fù)債表利潤(rùn)表123現(xiàn)金流量表資產(chǎn)負(fù)債表利潤(rùn)表123資產(chǎn)負(fù)債表1資產(chǎn)負(fù)債表1報(bào)表日期20111231201012312009123120081231貨幣資金18.11%18.37%21.05%19.66%應(yīng)收票據(jù)3.72%2.34%1.10%1.63%應(yīng)收賬款6.85%6.15%5.84%6.25%預(yù)付款項(xiàng)6.99%6.17%3.82%1.96%其他應(yīng)收款1.79%1.60%0.92%0.91%存貨17.79%14.90%12.94%11.41%流動(dòng)資產(chǎn)合計(jì)55.24%49.53%45.67%41.82%可供出售金融資產(chǎn)0.81%1.09%1.73%0.15%長(zhǎng)期股權(quán)投資1.94%0.09%0.09%0.27%投資性房地產(chǎn)0.88%1.95%2.39%2.73%固定資產(chǎn)原值25.96%30.57%33.18%35.45%累計(jì)折舊9.17%11.97%12.14%12.12%固定資產(chǎn)凈值16.78%18.60%21.04%23.32%固定資產(chǎn)減值準(zhǔn)備0.17%0.20%0.23%0.25%固定資產(chǎn)凈額16.61%18.40%20.81%23.07%在建工程1.63%3.28%2.18%1.55%無形資產(chǎn)19.39%21.95%23.41%26.31%開發(fā)支出0.00%0.00%0.00%0.00%商譽(yù)2.61%3.13%3.37%3.68%長(zhǎng)期待攤費(fèi)用0.10%0.04%0.03%0.03%遞延所得稅資產(chǎn)0.48%0.53%0.31%0.38%其他非流動(dòng)資產(chǎn)0.30%0.00%0.00%0.00%非流動(dòng)資產(chǎn)合計(jì)44.76%50.47%54.33%58.18%資產(chǎn)總計(jì)100.00%100.00%100.00%100.00%一、主要項(xiàng)目結(jié)構(gòu)分析報(bào)表日期20111231201012312009123120流動(dòng)資產(chǎn)結(jié)構(gòu)圖示流動(dòng)資產(chǎn)結(jié)構(gòu)圖示短期償債能力短期償債能力2011年2010年2009年2008年參考標(biāo)準(zhǔn)營(yíng)運(yùn)資本-136144.00-107540.00-123026.00-163389.00大于0流動(dòng)比率76.34%76.40%70.77%60.43%1.5:1速動(dòng)比率42.11%43.89%44.79%41.12%0.8:1現(xiàn)金比率25.03%28.33%32.62%28.41%財(cái)務(wù)困境時(shí)用短期償債能力短期償債能力2011年2010年2009年200長(zhǎng)期償債能力長(zhǎng)期償債能力2011年2010年2009年2008年資產(chǎn)負(fù)債率79.61%75.21%72.87%72.91%產(chǎn)權(quán)比率390.34%303.38%268.63%269.20%有形凈值債務(wù)率-4974.83%-26120.61%-20985.34%-2503.62%長(zhǎng)期償債能力長(zhǎng)期償債能力2011年2010年2009年200資產(chǎn)營(yíng)運(yùn)效率資產(chǎn)營(yíng)運(yùn)效率

2011年

2010年

2009年

2008年

總資產(chǎn)周轉(zhuǎn)率

85.25%88.34%84.47%81.83%流動(dòng)資產(chǎn)周轉(zhuǎn)率

162.18%185.29%192.71%193.82%應(yīng)收賬款周轉(zhuǎn)率

1307.75%1472.56%1399.55%1364.03%存貨周轉(zhuǎn)率

398.36%481.16%518.17%562.29%固定資產(chǎn)周轉(zhuǎn)率

483.32%446.69%381.68%345.23%資產(chǎn)營(yíng)運(yùn)效率(天數(shù))

2011年

2010年

2009年

2008年

總資產(chǎn)周轉(zhuǎn)率

422.29407.52426.19439.94流動(dòng)資產(chǎn)周轉(zhuǎn)率

221.98194.29186.81185.74應(yīng)收賬款周轉(zhuǎn)率

27.5324.4525.7226.39存貨周轉(zhuǎn)率

90.3774.8269.4864.02固定資產(chǎn)周轉(zhuǎn)率

74.4880.5994.32104.28資產(chǎn)營(yíng)運(yùn)效率資產(chǎn)營(yíng)運(yùn)效率2011年2010年2009年利潤(rùn)表2利潤(rùn)表2太極集團(tuán)利潤(rùn)表報(bào)表日期20111231201012312009123120081231單位萬元萬元萬元萬元一、營(yíng)業(yè)總收入638580.00598562.00527515.00481488.00營(yíng)業(yè)收入638580.00598562.00527515.00481488.00二、營(yíng)業(yè)總成本647737.00601512.00519793.00476391.00營(yíng)業(yè)成本490390.00455161.00395100.00370830.00營(yíng)業(yè)稅金及附加3292.893137.793100.822865.53銷售費(fèi)用81437.3082294.5062569.3051554.60管理費(fèi)用47569.9044681.1043949.5032173.00財(cái)務(wù)費(fèi)用24148.6015360.8014339.0018302.30資產(chǎn)減值損失898.20877.12734.09665.96投資收益8.5490.5241.3339.48其中:對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益6.9219.492.309.38三、營(yíng)業(yè)利潤(rùn)-9148.03-2859.667763.105136.27營(yíng)業(yè)外收入18807.004168.573765.736519.70營(yíng)業(yè)外支出1417.4213717.50647.433445.87非流動(dòng)資產(chǎn)處置損失566.182376.41154.11103.88利潤(rùn)總額8241.53-12408.6010881.408210.10所得稅費(fèi)用3854.41266.703193.172327.43四、凈利潤(rùn)4387.12-12675.307688.235882.67歸屬于母公司所有者的凈利潤(rùn)2067.97-16158.603769.992350.10少數(shù)股東損益2319.153483.253918.243532.57太極集團(tuán)利潤(rùn)表報(bào)表日期2011123120101231200太極集團(tuán)利潤(rùn)表_結(jié)構(gòu)百分比報(bào)表日期20111231201012312009123120081231單位萬元萬元萬元萬元一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%營(yíng)業(yè)收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本101.43%100.49%98.54%98.94%營(yíng)業(yè)成本76.79%76.04%74.90%77.02%營(yíng)業(yè)稅金及附加0.52%0.52%0.59%0.60%銷售費(fèi)用12.75%13.75%11.86%10.71%管理費(fèi)用7.45%7.46%8.33%6.68%財(cái)務(wù)費(fèi)用3.78%2.57%2.72%3.80%資產(chǎn)減值損失0.14%0.15%0.14%0.14%投資收益0.00%0.02%0.01%0.01%其中:對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益-1.43%-0.48%1.47%1.07%三、營(yíng)業(yè)利潤(rùn)2.95%0.70%0.71%1.35%營(yíng)業(yè)外收入0.22%2.29%0.12%0.72%營(yíng)業(yè)外支出0.09%0.40%0.03%0.02%非流動(dòng)資產(chǎn)處置損失1.29%-2.07%2.06%1.71%利潤(rùn)總額0.60%0.04%0.61%0.48%所得稅費(fèi)用0.00%0.00%0.00%0.00%四、凈利潤(rùn)0.69%-2.12%1.46%1.22%歸屬于母公司所有者的凈利潤(rùn)0.32%-2.70%0.71%0.49%少數(shù)股東損益0.36%0.58%0.74%0.73%太極集團(tuán)利潤(rùn)表_結(jié)構(gòu)百分比報(bào)表日期2011123120101同行業(yè)利潤(rùn)表_結(jié)構(gòu)百分比報(bào)表日期20111231201012312009123120081231單位萬元萬元萬元萬元一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%營(yíng)業(yè)收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本106.84%153.36%94.09%102.62%營(yíng)業(yè)成本59.44%61.47%60.26%59.17%營(yíng)業(yè)稅金及附加0.91%0.73%0.83%0.92%銷售費(fèi)用17.09%15.14%15.81%16.24%管理費(fèi)用17.46%20.78%19.73%16.17%財(cái)務(wù)費(fèi)用6.59%15.66%8.56%7.76%資產(chǎn)減值損失5.34%39.58%-11.09%2.35%公允價(jià)值變動(dòng)收益-0.04%-1.22%0.48%-0.01%投資收益7.06%2.23%2.67%2.02%其中:對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益1.30%0.05%0.33%0.62%三、營(yíng)業(yè)利潤(rùn)0.18%-52.35%9.05%-0.60%營(yíng)業(yè)外收入7.09%13.27%10.23%6.67%營(yíng)業(yè)外支出0.74%3.31%0.85%1.07%非流動(dòng)資產(chǎn)處置損失0.08%0.79%0.11%0.32%利潤(rùn)總額6.54%-42.39%18.44%5.00%所得稅費(fèi)用2.51%3.04%2.48%2.07%四、凈利潤(rùn)4.03%-45.43%15.95%2.93%歸屬于母公司所有者的凈利潤(rùn)4.38%-45.75%15.08%2.08%少數(shù)股東損益-0.34%0.32%0.87%0.85%同行業(yè)利潤(rùn)表_結(jié)構(gòu)百分比報(bào)表日期20111231201012代碼簡(jiǎn)稱實(shí)際流通A股銷售凈利率%排名002653海思科0.455.591002038雙鷺?biāo)帢I(yè)3.1354.962002693雙成藥業(yè)0.352.13002393力生制藥0.8334.084002437譽(yù)衡藥業(yè)0.9521.485600196復(fù)星醫(yī)藥9.8820.296600276恒瑞醫(yī)藥12.3419.917600867通化東寶7.7618.468002422科倫藥業(yè)2.2317.619000915山大華特1.7914.5110000566海南海藥2.3614.2311000513麗珠集團(tuán)1.7811.8112600080金花股份3.0511.6613002004華邦制藥3.1211.414600568中珠控股0.8511.1715600490中科合臣3.310.1816600062華潤(rùn)雙鶴5.728.5117600513聯(lián)環(huán)藥業(yè)1.528.3218000522白云山A4.698.2219002262恩華藥業(yè)1.967.8620002099海翔藥業(yè)2.587.6321行業(yè)分析-銷售凈利率代碼簡(jiǎn)稱實(shí)際流通A股銷售凈利率%排名002653海思科代碼簡(jiǎn)稱實(shí)際流通A股銷售凈利率%排名600829三精制藥5.87.6222000605ST四環(huán)0.936.4723600420現(xiàn)代制藥2.885.1224600466迪康藥業(yè)4.394.7725600666西南藥業(yè)2.94.7626000545ST吉藥1.164.2327600380健康元15.464.2328000597東北制藥3.313.1529600664哈藥股份10.532.1330600222太龍藥業(yè)4.121.4231000153豐原藥業(yè)2.311.2132600253天方藥業(yè)4.19133600129太極集團(tuán)4.270.4634000606青海明膠3.93-2.0235002370亞太藥業(yè)0.78-5.1636600421ST國(guó)藥1.96-10.5637600671ST天目1.22-17.9938600771ST東盛1.66-34.5739600385ST金泰1.43-245.440行業(yè)分析-銷售凈利率（續(xù)）代碼簡(jiǎn)稱實(shí)際流通A股銷售凈利率%排名600829三精制行業(yè)分析–費(fèi)用控制項(xiàng)目（2008年，%）MAXMINAverage太極集團(tuán)一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本1600.34%33.54%153.36%98.94%營(yíng)業(yè)成本99.59%13.70%61.47%77.02%營(yíng)業(yè)稅金及附加2.27%0.16%0.73%0.60%銷售費(fèi)用52.57%0.56%15.14%10.71%管理費(fèi)用293.21%2.94%20.78%6.68%財(cái)務(wù)費(fèi)用396.94%-1.55%15.66%3.80%資產(chǎn)減值損失1356.68%-26.10%39.58%0.14%公允價(jià)值變動(dòng)收益0.30%-21.54%-1.22%0.00%投資收益38.56%-10.47%2.23%0.01%其中：對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益11.35%-10.47%0.05%0.00%三、營(yíng)業(yè)利潤(rùn)63.97%-1461.78%-52.35%1.07%營(yíng)業(yè)外收入307.82%0.18%13.27%1.35%營(yíng)業(yè)外支出68.96%0.02%3.31%0.72%非流動(dòng)資產(chǎn)處置損失29.57%0.00%0.79%0.02%利潤(rùn)總額179.12%-1457.17%-42.39%1.71%所得稅費(fèi)用59.94%-1.32%3.04%0.48%四、凈利潤(rùn)119.18%-1457.17%-45.43%1.22%行業(yè)分析–費(fèi)用控制項(xiàng)目（2008年，%）MAXMINAv行業(yè)分析–費(fèi)用控制項(xiàng)目（2009年，%）MAXMINAverage太極集團(tuán)一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本306.09%-165.04%94.09%98.54%營(yíng)業(yè)成本101.42%17.17%60.26%74.90%營(yíng)業(yè)稅金及附加2.56%0.00%0.83%0.59%銷售費(fèi)用44.55%0.15%15.81%11.86%管理費(fèi)用176.81%2.89%19.73%8.33%財(cái)務(wù)費(fèi)用173.50%-1.74%8.56%2.72%資產(chǎn)減值損失58.95%-472.21%-11.09%0.14%公允價(jià)值變動(dòng)收益7.68%0.00%0.48%0.00%投資收益83.13%-5.77%2.67%0.01%其中：對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益11.43%-5.77%0.33%0.00%三、營(yíng)業(yè)利潤(rùn)265.04%-211.86%9.05%1.47%營(yíng)業(yè)外收入271.46%0.09%10.23%0.71%營(yíng)業(yè)外支出10.78%0.00%0.85%0.12%非流動(dòng)資產(chǎn)處置損失0.86%0.00%0.11%0.03%利潤(rùn)總額290.95%-122.61%18.44%2.06%所得稅費(fèi)用18.09%-0.13%2.48%0.61%四、凈利潤(rùn)289.41%-126.46%15.95%1.46%行業(yè)分析–費(fèi)用控制項(xiàng)目（2009年，%）MAXMINAv行業(yè)分析–費(fèi)用控制項(xiàng)目（2010年，%）MAXMINAverage太極集團(tuán)一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本358.98%42.25%102.62%100.49%營(yíng)業(yè)成本96.28%16.20%59.17%76.04%營(yíng)業(yè)稅金及附加5.21%0.02%0.92%0.52%銷售費(fèi)用42.78%0.04%16.24%13.75%管理費(fèi)用160.99%3.78%16.17%7.46%財(cái)務(wù)費(fèi)用151.55%-2.52%7.76%2.57%資產(chǎn)減值損失53.77%-0.76%2.35%0.15%公允價(jià)值變動(dòng)收益1.00%-1.99%-0.01%0.00%投資收益25.94%-6.20%2.02%0.02%其中：對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益12.12%-6.20%0.62%0.00%三、營(yíng)業(yè)利潤(rùn)61.50%-265.18%-0.60%-0.48%營(yíng)業(yè)外收入158.57%0.03%6.67%0.70%營(yíng)業(yè)外支出17.46%0.00%1.07%2.29%非流動(dòng)資產(chǎn)處置損失7.09%0.00%0.32%0.40%利潤(rùn)總額88.19%-265.18%5.00%-2.07%所得稅費(fèi)用9.98%-0.06%2.07%0.04%四、凈利潤(rùn)88.00%-265.18%2.93%-2.12%行業(yè)分析–費(fèi)用控制項(xiàng)目（2010年，%）MAXMINAv行業(yè)分析–費(fèi)用控制項(xiàng)目（2011年，%）MAXMINAverage太極集團(tuán)一、營(yíng)業(yè)總收入100.00%100.00%100.00%100.00%二、營(yíng)業(yè)總成本458.58%40.18%106.84%101.43%營(yíng)業(yè)成本93.70%17.23%59.44%76.79%營(yíng)業(yè)稅金及附加2.64%0.16%0.91%0.52%銷售費(fèi)用41.98%0.00%17.09%12.75%管理費(fèi)用169.26%3.87%17.46%7.45%財(cái)務(wù)費(fèi)用178.81%-6.05%6.59%3.78%資產(chǎn)減值損失116.21%-1.14%5.34%0.14%公允價(jià)值變動(dòng)收益0.04%-0.45%-0.04%0.00%投資收益51.79%-3.41%7.06%0.00%其中：對(duì)聯(lián)營(yíng)企業(yè)和合營(yíng)企業(yè)的投資收益35.11%-3.41%1.30%0.00%三、營(yíng)業(yè)利潤(rùn)95.23%-361.99%0.18%-1.43%營(yíng)業(yè)外收入179.28%0.00%7.09%2.95%營(yíng)業(yè)外支出11.63%0.00%0.74%0.22%非流動(dòng)資產(chǎn)處置損失1.07%0.00%0.08%0.09%利潤(rùn)總額144.54%-364.58%6.54%1.29%所得稅費(fèi)用12.86%0.00%2.51%0.60%四、凈利潤(rùn)134.55%-364.58%4.03%0.69%行業(yè)分析–費(fèi)用控制項(xiàng)目（2011年，%）MAXMINAv利潤(rùn)表（簡(jiǎn)化報(bào)表）報(bào)表日期20111231201012312009123120081231單位萬元萬元萬元萬元一、營(yíng)業(yè)總收入638580.00598562.00527515.00481488.00營(yíng)業(yè)成本490390.00455161.00395100.00370830.00毛利148,190.00143,401.00132,415.00110,658.00銷售費(fèi)用81437.3082294.5062569.3051554.60管理費(fèi)用47569.9044681.1043949.5032173.00財(cái)務(wù)費(fèi)用24148.6015360.8014339.0018302.30三、營(yíng)業(yè)利潤(rùn)-9148.03-2859.667763.15136.27營(yíng)業(yè)外收入18807.004168.573765.736519.70營(yíng)業(yè)外支出1417.4213717.50647.433445.87利潤(rùn)總額8241.53-12408.6010881.408210.10所得稅費(fèi)用3854.41266.703193.172327.43四、凈利潤(rùn)4387.12-12675.307688.235882.67利潤(rùn)表（簡(jiǎn)化報(bào)表）報(bào)表日期20111231201012312盈利能力–銷售收入基礎(chǔ)報(bào)表日期20111231201012312009123120081231銷售毛利率23.21%23.96%25.10%22.98%營(yíng)業(yè)利潤(rùn)率-1.43%-0.48%1.47%1.07%銷售利潤(rùn)率1.29%-2.07%2.06%1.71%（息稅前利潤(rùn)率）5.07%0.49%4.78%5.51%銷售凈利潤(rùn)率0.69%-2.12%1.46%1.22%盈利能力–銷售收入基礎(chǔ)報(bào)表日期2011123120101成本費(fèi)用利潤(rùn)率0.67%-2.11%1.47%1.23%成本利潤(rùn)率0.89%-2.78%1.95%1.59%報(bào)表日期20111231201012312009123120081231營(yíng)業(yè)成本490390455161395100370830營(yíng)業(yè)稅金及附加3292.893137.793100.822865.53銷售費(fèi)用81437.382294.562569.351554.6管理費(fèi)用47569.944681.143949.532173財(cái)務(wù)費(fèi)用24148.615360.81433918302.3所得稅費(fèi)用3854.41266.703193.172327.43總計(jì)650,693.10600,901.89522,251.79478,052.86盈利能力–成本費(fèi)用盈利能力成本費(fèi)用利潤(rùn)率0.67%-2.11%1.47%1.23%成本盈利能力–資產(chǎn)基礎(chǔ)報(bào)表日期20111231201012312009123120081231年平