1、1財務分析常用比率一、常用的非現(xiàn)金流量比率.......................................................................................11盈利能力比率(profitabilityratios)).......................................................................1（1）反映資本回報的

2、比率（Returnoninvestedcapital）...........................................11）凈資產回報率（ROE）.......................................................................................12）每股收益（EPS）.....................................

3、..........................................................13）每股經營活動現(xiàn)金流量.....................................................................................14）紅利付出率（Dividendpayout）........................................

4、...........................15）可持續(xù)增長率（sustainablegrowthrate）...............................................2（2）反映資產回報的比率.............................................................................................21）總資產凈利

5、率(ROI)...........................................................................................22）總資產收益率（ROA）.......................................................................................2（3）反映收入回報的比率.........

6、....................................................................................21）毛利率(Grossprofitmargin).......................................................................22)主營業(yè)務利潤率（MainProfitmargin）............

7、...........................................23）營業(yè)利潤率(Operatingprofitmargin).......................................................34）利潤總額與主營業(yè)務收入之比(Pretaxprofitmargin).............................35）銷售凈利率（profitmargin）....

8、...........................................................36）息稅前銷售毛利率（EBITrate）.................................................................35）EBITDA率（EBITDArate）.....................................................

9、.........................36）經營活動現(xiàn)金流量與凈利潤之比（operatingcashflowtoincome）...37）有效所得稅負（effectivetaxrate）.........................................................42效率性比率(efficiencyratios).......................................

10、............................................4（1）總資產周轉率(totalassetturnover)........................................................................4（2）固定資產周轉率(fixedassetturnover)...........................................

11、........................4（3）流動資產周轉率(currentassetturnover)................................................................4（4）應收賬款周轉率(accountsreceivableturnover)....................................................5（5）存貨周轉

12、率(inventyturnover)............................................................................5（6）現(xiàn)金周轉率（cashturnover）...............................................................................5（7）營運資本周轉率(wkingcapital

13、turnover)...........................................................5（8）流動負債周轉率(currentliabilitiesturnover).........................................................6（9）應付賬款周轉率（AccountsPayableTurnover）....................

14、.............................6（10）應付賬款付款天數(days’purchasesinaccountspayables).................................6（11）總資產周轉天數(days’salesintotalassets).........................................................6（12）固定資產周轉天數(day

15、s’salesinfixedassets)....................................................6（13）流動資產周轉天數(days’salesincurrentassets)................................................7（14）存貨周轉天數(daystosellinventy).............................

16、.....................................7（15）現(xiàn)金周轉天數(days’saleincash)........................................................................7（16）營運資本周轉天數(days’salesinwkingcapital)............................................

17、.7（17）流動負債周轉天數(dayssalesincurrentassets).................................................7（18）應收賬款周轉天數(collectionperiod).................................................................7（19）營業(yè)周期(operatingcycle)..........

18、..........................................................................83流動性比率(liquidityratios).....................................................................................81一、常用的非現(xiàn)金流量比率非現(xiàn)金流量財務比率可以分為五個基本類型：盈利能

19、力比率；運營效率比率；短期償債能力（流動性或變現(xiàn)性）比率；長期償債能力（財務杠桿）比率；市場比率。1盈利能力比率(profitabilityratios))盈利能力比率可以分為三大類：反映資本回報的比率、反映資產回報的比率、反映收入回報的比率。（1）反映資本回報的比率（Returnoninvestedcapital）1）凈資產回報率（ROE）ROE＝股東權益平均值凈收益股東權益平均值＝2東權益期初股東權益＋期末股（＊）ROE＝銷售凈利率