我国上市公司盈利能力分析—以贵州茅台为例.doc

目录一、引言.......................................................1二、理论分析与文件综述.........................................1理论分析........................................................1文件综述........................................................2三、我国上市企业盈利能力分析——基于贵州茅台利润表盈利能力分析..............................................................3企业介绍........................................................3利润增减变动水平分析............................................4利润结构变动垂直分析............................................6主要盈利能力指标分析............................................7四、我国上市企业盈利能力分析——基于贵州茅台现金流量表盈利质量分析..........................................................10五、研究结论和提议............................................12（一）研究结论.......................................................12（二）存在问题及提议.................................................14六、参考文件..................................................15我国上市企业盈利能力分析——以贵州茅台为例摘要：盈利是企业从事生产经营活动目标所在，也是企业连续经营和发展基础。不论是企业经理人员、债权人，或者股东（投资人），都非常重视企业盈利能力分析。本文以贵州茅台酒股份有限企业为研究对象，以贵州茅台利润表和现金流量表为基础，通关相关指标计算与分析，并结合白酒行业相关指标，综合评价贵州茅台盈利能力和盈利质量，并针对研究结论以及白酒行业新形势及新政策，提出有利于贵州茅台发展对应提议。关键词：财务指标盈利能力盈利质量AnalysisontheprofitabilityofListedCompan——AcasestudyofGuizhouMaotaiAbstract:Makingprofitisnotonlythepurposeofenterprisesengaginginproductionandbusinessactivities,butalsothebasisofenterprises’sustainableoperationanddevelopment.Notonlythemanagersandcreditorsoftheenterprises,butalsotheshareholders(investors)paymuchattentiontoththeprofitabilityofenterprises.Inthispaper,GuizhouMaotaiCorporationistakenasthereseathestudy.BycalculatingandanalyzingrelatedindicatorsbasedontheincomestatementandstacashflowsofGuizhouMaotai,WewillevaluatetheprofitabilityandearningqualityofGuizhouMcombinedwithabasicsituationofliquorindustry.AndfinallywemadecorrespondingsuggforthedevelopmentofGuizhouMaotaiaccordingtotheconclusionsandthenewsituationandnewoftheliquorindustryin.Keywords:FinancialindicatorsProfitabilityEarningquality1一、引言我国有着悠久酒文化历史，白酒更是长久在我国酒饮料中居于主导地位。近年来，在我国宏观经济高速发展大环境中，白酒行业取得了高效发展，大中型白酒企业抓