The Listed Companies Financial Statements Analysis and Case
|School||Southwest Jiaotong University|
|Keywords||Listed companies Financial Statements Vanke Company|
Required financial information disclosure by listed companies , is the inevitable result of the separation of ownership and management in highly developed market economy , after the separation of ownership and external interest groups not directly involved in the operation and management activities of enterprises , so they only through Interpretation disclosed financial information to understand the financial position of the enterprise , and in order to be more in-depth understanding contains information behind the numbers , it is necessary to further thorough analysis of financial information , in particular, the number of financial statements . Although financial statements can provide a lot of financial information , but because of its inherent limitations , and the generation process of subjective factors , its authenticity objectivity affected to some degree , then the conclusions of the analysis in this report also the different degrees of bias. The article first describes the background to the analysis of financial statements , analysis of financial statements of listed companies is a the inevitable requirement under the separation of ownership , and the existing and potential users of the financial statements , the classification introduced , to take over the analysis reports some commonly used method , and then use these analytical methods , detailed analysis and interpretation of the case of Vanke Company 's financial statements , based on of Vanke Company announced 2006 financial data and other related content around the company's financial ratios and three statements Expand analysis , longitudinal and lateral double contrast , a better understanding of the long-and short-term solvency , asset management capabilities , profitability , foreign investment , cash flow , and other aspects of the enterprise 's financial position and its development trend in recent years by analyzing and competitive position in the same industry , the results of these analyzes can provide a reference from a different perspective to the users of financial statements . The rest of this article points out some limitations of financial statement analysis exist , because the existence of these limitations , the users of financial statements can not be over-reliance on the report data , and through some small case is clear limitations for users of financial statements , and finally , for data better service to its users of the financial statements , for the previously mentioned limitations , this paper further proposes a corresponding improvement idea .