房地产企业杜邦财务分析中英文外文文献Word文档下载推荐.docx

房地产企业杜邦财务分析中英文外文文献Word文档下载推荐.docx

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文献出处:

SolimanMT.TheapplicationandresearchofDupontfinancialanalysisintherealestateenterprise[J].TheAccountingReview,2016,2（3）:

813-823. 

原文Theapplicationandresearchofdupontfinancialanalysisintherealestateenterprise

SolimanMT

Abstract

Atpresent,therealestateenterprisecompetitionisincreasinglyfierce.Inordertomaketheenterprisesustainabledevelopmentandnottobeeliminatedinthemarketunderthebackground,itneedtoanalysisenterprisefinancialsituationfromwithin.Inordertounderstandtherealestateenterprise'

sfinancialsituation,youneedtomakeacomprehensiveanalysistoenterprise'

sfinancialstatements.Theanalysisofcorporatefinancialstatements,cantransformtheoriginalfinancialdataintousefulfinancialinformation,tohelpthemevaluateenterprises'

financialhealth.

Keywords:

dupontfinancialanalysis,cashflow,thesustainablerateofgrowth

1Introduction

Dupontfinancialanalysissystemisbasedonthenetinterestrateoftherightsandinterestsofcoreratio,andthenbrokendownintothreebasicfinancialindicators,includingsalesnetinterestrate,totalassetsturnoverandtherightsandinterestsmultiplier.Thedupontsystemdecomposition,reflectstheenterprisethemanagementpolicy,andreflectstheenterprise'

sfinancialstrategy.However,asmodernenterpriseeconomicenvironmentincreasinglycomplex,thedisadvantageoftraditionaldupontfinancialanalysissystemalsograduallyrevealed,italreadycan'

tsatisfythedemandformodernenterprisestocarryoutfinancialanalysis.Thispaperreviewedthestudyofdupontfinancialanalysissystem,thispaperintroducesthedevelopmentoffinancialanalysismethodsandtheadvantagesanddisadvantagesofthetraditionaldupontfinancialanalysissystem.Secondly,aimingattheshortcomingsofthetraditionaldupontanalysis,combiningthedevelopmentsituationoftherealestateindustrytointroducesustainablegrowthrateindex,analysisofrealestateenterpriseabilityofsustainablegrowth.Then,combiningwiththecharacteristicsofrealestateenterprisecapitalintensiveandlongconstructioncycle,theintroductionofcashflowindex,analysisofrealestateenterprisesoperatingactivitiescashposition.Forresearchobject,thispaperintroducestheselectionofdupontfinancialanalysissystemintherealestateenterpriseapplicationbackground,andthenfromthereviewsummarizestheresearchenrichedthearticlestudiesthetheoreticalbasis,finallyexpoundstheconcretecontentsandmethodsofthestudy,andsummarizesthearticleresearchthethinkingofframeworkstructureofthesystem.2Literaturereview

FinancialanalysisfirstappearedinAmericainthe20thcentury.However,ithasnotbeenclearlyputforwardtheconceptof,it'

sjusttomonitorthedebtoftheenterprise,asfaraspossibletoimproveprofitability,etchingtheearlyyearsofthenineteenthcentury,Thomas.Bothfirstclearstatementanalysisofconcepts.Andthroughthebookrailwayfinancialthetableanalysistoexplainandapply.Predecessorsdidnotmeetthisprogress,however,initscontinuedtoexplore,analysisfoundthatonlyasingleparameterexistsmanydefects.Scholarsbegantoseekcomprehensivefinancialanalysismethod.TheearliestisnotdupontfinancialcomprehensiveanalysismethodisstudiedbutAlexander.Theo.Hewasinthelate1920s,pointedoutthecreditabilityindexconcept.Andinthebook"

thecreditbarometer"

suchasexplainedinthebook.Then,selectedtheliquidityratio,equityratio,inventoryturnoversevenfinancialindicators,andtheirrelationshipwithlines,usedforevaluationofenterprisecreditlevelandfinancialsituation.Thismethodcomparedwithsinglefinancialratioanalysis,amorereasonableandcomprehensive.DuPontfinancialanalysissystemisputforwardbydupontin1919anduse,basedontheintrinsicrelationshipbetweenthebasisofcertainkeyfinancialindexes,makesitasystemthatreflectsthecomprehensiveenterpriseprofitability,operationcondition,theconditionofrepayment,toevaluatetheadvantagesanddisadvantagesoftheenterprise.However,duetothedevelopmentoftheeconomyconstantly,dupontscholarsgraduallyfoundthattheanalysisoftheproposedsystemalotofdeficiencies,scholarsalsomadetoitsfurtherimprovement.Palmer’s（KrishnaPileup）-professoratHarvardUniversity,intheresearchofdupontfinancialanalysissystem,thinkthattheoriginalsystemintheevaluationofenterprise'

soperationandmanagement,withoutconsideringtheenterprisedevelopmentability.Andintheanalysisandevaluationofenterprises"

intheanalysisofthetraditionalsystemwereintroducedindetailintroducedthereasonofthesustainablegrowthrate,andwillreflectcorporatedividendpolicydividendpayme