PHN TCH CU TRC TI CHNH & TNH HNH BO M VN CHO HOT NG KINH DOANHCHNG 3

Prepared by Pham Thi Thuy

CU TRC TI CHNH L G?*

PHN TCH CU TRC TI CHNHCu trc ti chnh l c cu cc loi ngun vn hnh thnh nn cc loi ti sn ca doanh nghip.Mc tiu phn tch: Xem xt vic huy ng & s dng vn ca DN.Ti liu phn tch: Bng cn i k tonPhng php phn tch: Phng php so snhVi cc k trcVi cc doanh nghip khcVi trung bnh ngnh

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PHN TCH C CU NGUN VN*

Sheet1

Cng ty ABC

Bng phn tch c cu ngun vn

Nm 2013

Ch tiuCui nmu nmCui nm so

vi u nm

s tinT trng %s tinT trng %s tinT l %T trng %

A. N phi tr

1. N ngn hn

2. N di hn

B. Vn ch s hu

1. Vn ch s hu

2. Ngun kinh ph v qu khc

Cng100100

Sheet2

Sheet3

NH GI KHI QUT C CU NGUN VNN phi tr/Tng NV = H s nVn ch s hu/Tng NV = H s ti tr

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Ch tiuCao ThpH s nRi ro ti chnh cao (-)n by ti chnh cao (+)c lp ti chnh cao (+)n by ti chnh thp (-)

*PHN TCH C TH C CU NGUN VN

Ch tiuCao ThpVn vay/Tng NVRi ro cao (-)Chi ph li vay cao (-)Li v thu TNDN (+)Ri ro thp (+)Chi ph li vay thp (+)Khng c li v thu TNDN (-)Phi tr ngi bn/Tng NVTng cng vn s dng cho HKD (Chim dng vn) (+)Khng c hng cc khon chit khu (-)Hn ch vn s dng cho HKD (Hn ch chim dng vn) (-)c hng cc khon chit khu (+)

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PHN TCH C CU NGUN VN V d*

Sheet1

C CU NGUN VN CA SEARS, WAL-MART, & J.C. PENNEY

SearsWal-MartJ.C. Penney

%%%

Phi tr ngi bn8,02120.7%13,31929.3%4,27118.2%

Vay ngn hn7,76920.1%1,1412.5%1,8667.9%

Tng n ngn hn15,790040.8%14,460031.9%06,137026.1%

Vay di hn13,07133.8%9,67421.3%6,98629.7%

N di hn khc3,97710.3%2,7476.1%3,01312.8%

Tng n di hn17,048044.1%12,421027.4%09,999042.6%

Tng n phi tr32,838084.9%26,881059.2%016,136068.7%

0.0%0.0%0.0%

Vn c phn3,92110.1%8091.8%3,29214.0%

Li nhun cha phn phi4,15810.7%18,16740.0%4,11417.5%

C phiu qu(2,217)-5.7%(473)-1.0%(49)-0.2%

Tng vn ch s hu5,862015.1%18,503040.8%07,357031.3%

Tng ngun vn38,7000100.0%45,3840100.0%023,4930100.0%

*PHN TCH C CU TI SN

Sheet1

Cng ty ABC

Bng phn tch c cu ti sn

Nm 2013

Ch tiuCui nmu nmCui nm so

vi u nm

s tinT trng %s tinT trng %s tinT l %T trng %

A. Ti sn ngn hn

1. Tin

2. u t ti chnh ngn hn

3. Phi thu ngn hn

4. Hng tn kho

5. Ti sn ngn hn khc

B. Ti sn di hn

1. Phi thu di hn

2. Ti sn c nh

3. Bt ng sn u t

4. u t ti chnh di hn

5. Ti sn di hn khc

Cng100100

Sheet2

Sheet3

NH GI KHI QUT C CU TI SNT trng TS ngn hn/Tng TST trng TS di hn/Tng TS

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*PHN TCH C TH C CU TI SN

Ch tiuCao ThpTin/Tng TSTng kh nng thanh ton (+)Lng ph vn (-)Gim kh nng thanh ton (-)Tng hiu qu s dng vn (+)Hng tn kho/Tng TSLng ph vn (-)Trnh nguy c chy kho (+)p ng nhu cu khch hng (+)Tng hiu qu s dng vn (+)Nguy c chy kho (-)Mt khch hng (-)N phi thu/Tng TSB chim dng vn (-)Khuyn khch tng doanh thu (+)Hn ch vn b chim dng (+)Khng khuyn khch tng doanh thu (-)TSC/Tng TS (H s u t TSC)u t cho tng lai, n by kinh doanh cao (+)Ri ro kinh doanh cao (-)Ri ro kinh doanh thp (+)n by kinh doanh thp (-)

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PHN TCH C CU TI SN V d*

Sheet1

C CU TI SN CA SEARS, WAL-MART, & J.C. PENNEY

SearsWal-MartJ.C. Penney

%%%

Tin3580.9%1,4473.2%2871.2%

Phi thu khch hng20,17852.1%9762.2%4,89220.8%

Hng tn kho5,04413.0%16,49736.3%6,16226.2%

TSNH khc5,10213.2%4321.0%1430.6%

Tng TSNH30,68279.3%19,35242.6%11,48448.9%

0.0%0.0%0.0%

TSC hu hnh6,41416.6%23,60652.0%5,32922.7%

u t di hn00.0%00.0%1,7747.6%

Li th thng mi00.0%00.0%3,50014.9%

TSDH khc1,6044.1%2,4265.3%1,4066.0%

Tng TSDH8,01820.7%26,03257.4%12,00951.1%

Tng ti sn38,700100.0%45,384100.0%23,493100.0%

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Ch tiu cui nm (triu USD)20002001200220032004201120122013Phi thu khch hng17.30128.15530.7591.956 1.239 695 635553Hng tn kho5.6184.912.5.1155.335 5.549 8.407 7.5587.034Tng ti sn36.88944.31750.40927.723 22.474 21.381 19.34018.261

PHN TCH TNH HNH BO M VN CHO HOT NG KINH DOANH*

TinTi sn KDQu trnh KDCHU TRNH LUN CHUYN VN*

TIN VN KINH DOANH C T U ?Vn ch s huVn vayNgun vn trong thanh ton (N phi tr ngi bn,)*

TIN VN KINH DOANH I U?TS di hn (My mc thit b, )TS ngn hn (NVL, Hng ho, )TS trong thanh ton (Phi thu khch hng,)*

*PHN TCH TNH HNH BO M VN THEO QUAN IM LUN CHUYN VN

*PHN TCH TNH HNH BO M VN THEO QUAN IM LUN CHUYN VN

*PHN TCH TNH HNH BO M VN THEO QUAN IM LUN CHUYN VNNu hiu s dng (+), DN khng s dng ht s vn hin c, b chim dng vn.Nu hiu s m (-), nhu cu TS kinh doanh vt qu s vn hin c, i chim dng vn.

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Cash

Vinaconex

Bng cn i k ton

ti ngy 31/12/2009

TI SN31/12/200931/12/2008

Triu ng%triu ng%

A. Ti sn ngn hn5,457,51532.66%4,651,66033.24%

1. Tin v tng ng tin1,198,1487.17%692,9484.95%

2. u t ti chnh ngn hn2,6600.02%178,5871.28%

3. Phi thu ngn hn2,714,98816.25%2,414,26817.25%

Phi thu khch hng664,8203.98%417,7992.99%

Tr trc cho ngi bn1,305,1727.81%987,5447.06%

4. Hng tn kho1,287,8347.71%1,127,3898.06%

5. Ti sn ngn hn khc253,8851.52%238,4681.70%

B. Ti sn di hn11,254,46767.34%9,342,54166.76%

1. Phi thu di hn5,255,58331.45%0.00.00%

2. Ti sn c nh679,8014.07%6,909,84249.38%

3. Bt ng sn u t194,3941.16%119,8670.86%

4. u t ti chnh di hn5,120,92430.64%2,304,26216.47%

5. Ti sn di hn khc3,7650.02%8,5700.06%

Tng ti sn16,711,982100.00%13,994,201100.00%

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Cash

Vinaconex

Bng cn i k ton

ti ngy 31/12/2009

NGUN VN31/12/200931/12/2008Chnh lch

Triu ng%triu ng%triu ngt l %t trng %

A. N phi tr13,304,71179.6%12,500,42489.3%804,2876.4%-9.7%

I. N ngn hn6,825,85940.8%5,132,19636.7%1,693,66333.0%4.2%

1. Vay v n ngn hn1,069,4956.4%1,906,35313.6%(836,858)-43.9%-7.2%

2. Phi tr ngi bn429,3192.6%320,9842.3%108,33533.8%0.3%

3. Ngi mua tr tin trc1,924,37911.5%1,928,68913.8%(4,310)-0.2%-2.3%

4. Phi tr phi np NH khc2,655,85615.9%287,3442.1%2,368,512824.3%13.8%

II. N di hn6,478,85238.8%7,368,22852.7%(889,376)-12.1%-13.9%

Vay n di hn6,477,42838.8%6,468,34246.2%9,0860.1%-7.5%

B. Ngun vn ch s hu3,407,27020.4%1,493,77810.7%1,913,492128.1%9.7%

1. Vn iu l1,850,80411.1%1,499,85210.7%350,95223.4%0.4%

2. Thng d vn c phn350,9522.1%0.00.0%350,9522.1%

3. Chnh lch t gi hi on3270.0%(467,575)-3.3%467,902-100.1%3.3%

4. Qu u t pht trin161,0471.0%77,1190.6%83,928108.8%0.4%

5. Qu d phng ti chnh42,8020.3%27,5420.2%15,26055.4%0.1%

6. LN sau thu cha p.phi414,7682.5%170,1901.2%244,578143.7%1.3%

Tng ngun vn16,711,98113,994,202100.0%2,717,77919.4%

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PHN TCH TNH HNH BO M VN CA VINACONEX*

Hai loi vn ti tr cho HKDVn thng xuyn (vn di hn)Vn ch s huVay n di hnVn tm thi (vn ngn hn)Vay n ngn hn

PHN TCH TNH HNH BO M VN THEO TNH N NH CA NGUN TI TR*

PHN TCH TNH HNH BO M VN THEO TNH N NH CA NGUN TI TR*

TI SN NGN HN 40

TI SN DI HN 60PHN TCH TNH HNH BO M VN THEO TNH N NH CA NGUN TI TRCN BNG L TNG*

TI SN NGN HN 40

TI SN DI HN 60PHN TCH TNH HNH BO M VN THEO TNH N NH CA NGUN TI TRVN NGN HN TI TR TI SN DI HN*

TI SN NGN HN 40

TI SN DI HN 60PHN TCH TNH HNH BO M VN THEO TNH N NH CA NGUN TI TRVN DI HN TI TR TI SN NGN HN*

*VN NGN HN TI TR TI SN DI HN

u imNhc imChi ph thpTS th chp thpLinh hotRi ro caoChi ph m phn caoCc nh u t km tin tng

Prepared by Pham Thi Thuy

*VN DI HN TI TR TI SN NGN HN

u imNhc imAn tonCc nh u t tin tngChi ph caoKm linh hotTS th chp nhiu

Prepared by Pham Thi Thuy

Vn hot ng thun (Vn lu ng thun)=TS ngn hn - N ngn hn=Vn thng xuyn - TS di hnPHN TCH TNH HNH BO M VN THEO TNH N NH CA NGUN TI TR*

Vn hot ng thun = 0 Cn bng l tngVn hot ng thun > 0 TS di hn & mt phn TS ngn hn c ti tr bng vn di hnVn hot ng thun < 0 Cc vn v dng tin & kh nng thanh tonPHN TCH TNH HNH BO M VN THEO TNH N NH CA NGUN TI TR*

PHN TCH TNH HNH BO M VN THEO TNH N NH CA NGUN TI TR*

PHN TCH TNH HNH BO M VN CA VINACONEX*

Kt thc chng 3*

Prepared by Pham Thi Thuy

Prepared by Pham Thi ThuyPrepared by Pham Thi Thuy*Prepared by Pham Thi Thuy*Prepared by Pham Thi Thuy*Lets compare years using the income statement.Prepared by Pham Thi Thuy*Prepared by Pham Thi Thuy*Lets compare years using the income statement.Prepared by Pham Thi Thuy*Prepared by Pham Thi Thuy*Prepared by Pham Thi Thuy*Prepared by Pham Thi Thuy*Prepared by Pham Thi ThuyPrepared by Pham Thi Thuy*Prepared by Pham Thi ThuyPrepared by Pham Thi Thuy*Prepared by Pham Thi Thuy*Prepared by Pham Thi Thuy*