Financial statements analysis presentation санхүүгийн тайлангийн шинжилгээ танилцуулга

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Санхүүгийн тайлангийн шинжилгээ танилцуулга

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  • 1. 2013 :

2. , 1. 2. (DSCR) Z , , 3. , , /DuPont approach/ Z 4. , , . , , , . , . : - - , , . . 5. . . , . : - . , . 6. (. .) 2013 12 31- , . e$90 394 696 5 $1,195 $ c d d (@Cost)f : g . .1030 (329) $ 701 50 223 e $ 500 f 530 g 200 g 729 h 210 $1,139 b$2,169 a,b290 94 16 100$2,169 7. (. .) 2013 12 31- $ $ /EBIT/ $ /EBT/ $ /EA/ $ $2,211 1,599 612 402 210 59 151 60 91 38 53 8. 3 2. . 3. . 1. 9. 2 . 4 . ( , , ) 10. . 1. . (Gross margin)= . . . ... (EBIT) = , , . . (Net margin)= . 11. . ( ) 2. =ROA= . >5% 3. =ROE= . >15% ROA ROE? : = 2 / , , - 12. . 1. 2. 3. 4. ===- = 13. . ( ) 5. 6. 7. = =365 365 = = 14. . 1. = Current ratio. . 1,2-2,0 .2. - = Acid test current ratio- . 3. - = . 4. = - Working capital . 15. . 1.2. - = = 2:1 - . 0,5-2,0 . .3. = (EBIDTA) 1,5 . 2,5 3- .4. = 16. . ( ) 5. =6. + + + 1 =1 - = - - 17. . 1. P= = E 4 . 15-25. P/E 10 5-10 .2. =EPS=- . P/E- . 3. - = - . ( ) 4. - = 18. (%) 21,0 17,5 14,0 10,5 7,0 200520062007 r (000 $) 20052006 (%)200720062007 148 283 322 10100 410 616 1490 394 696 1512.10 23.14 26.33 0.824.89 20.06 30.14 0.684.15 18.17 32.09 0.69 763 349 0 1111,140 631 50 2231,195 701 50 22362.39 28.54 0.00 9.0855.77 30.87 2.45 10.9155.09 32.32 2.31 10.28 1,2232,0442,169100.0100.0100.0 (000 $) 200520062005 : . (%)2007200520062007 148 283 322 10100 410 616 1490 394 696 15100.0 100.0 100.0 100.067.6 144.9 191.3 140.060.8 139.2 216.1 150.0 763 349 0 1111,140 631 50 2231,195 701 50 223100.0 100.0 100.0 100.0149.4 180.8 inf. 200.9156.6 200.9 inf. 200.9 1,2232,0442,169100.0167.1177.4 : 100 . 19. - - - - - - / - - - - - - - - - - 20. - 3 ROAROA ROE ROE = 21. - 3 ( ) = = ROE= = - 1 1 / =1 1 - = 1 1 - ROE- . . ROE- . 22. - 5 5 * 1- : ROE = ( / ) * ( / ) * ( / ) * (1 ) =- .ROE = [( / ) * ( / ) ( / )] * ( / ) * (1 ) : ROE = [( ) * ( ) ( )] * ( ) * ( ) 23. , ! M ROA ROE 24. - 1968 2 Z . , . , , , .Z 195%272%348%429%536% 25. Z Z 1 . Z=1.2*1+1.4* 2 +3.3* 3 +0.6* 4 + 5 1= / 2= / 3= EBIT/ 4= / 5= / Z