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月下午8時(shí)10分24.11.1720:10November 17, 2024 作業(yè)標(biāo)準(zhǔn)記得牢,駕輕就熟除煩惱。20:10:5520:10:5520:10Sunday, November 17, 2024 安全在于心細(xì),事故出在麻痹。企業(yè)財(cái)務(wù)報(bào)告分析,1,課程主要內(nèi)容,信息影響投資者行為的模式 估值理論和債務(wù)風(fēng)險(xiǎn)評(píng)價(jià)模型 財(cái)務(wù)指標(biāo)概述 財(cái)務(wù)報(bào)表之間的關(guān)系 財(cái)務(wù)報(bào)表分析基本理論 財(cái)務(wù)報(bào)表分析作用 資產(chǎn)負(fù)債表分析 利潤(rùn)表和現(xiàn)金流量表分析 附注分析 其他注意事項(xiàng),2,財(cái)務(wù)報(bào)表對(duì)投資者的影響模式,業(yè)內(nèi)其他企業(yè)發(fā)布財(cái)務(wù)數(shù)據(jù)或預(yù)測(cè)數(shù)據(jù) 預(yù)期影響投資者對(duì)業(yè)內(nèi)企業(yè)價(jià)值的估值 某企業(yè)發(fā)布的實(shí)際財(cái)務(wù)數(shù)據(jù)和分析師早前作出的預(yù)期之間產(chǎn)生差異 此項(xiàng)差異影響以后期的預(yù)期,使估值發(fā)生變化,3,報(bào)表影響預(yù)期,差異影響估值,財(cái)務(wù)數(shù)據(jù)是企業(yè)一段時(shí)間內(nèi)的經(jīng)營(yíng)成果 是歷史數(shù)據(jù) 預(yù)期值常根據(jù)前期財(cái)務(wù)數(shù)據(jù)作出 財(cái)務(wù)數(shù)據(jù)通過影響預(yù)期值來影響對(duì)企業(yè)價(jià)值的估值,4,Jan 06, 2005 preliminary financial results——UT,UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IPbased endtoend networking solutions and services, today announced preliminary financial results for the fourth quarter 2004. The Company expects to report fourth quarter revenues in the range of $740 million to $745 million, versus initial guidance of $875 million to $885 million. Under Generally Accepted Accounting Principles (GAAP), the Company expects to report a Net Loss Per Share of ($0.40) to ($0.45).,5,Jan 06, 2005 preliminary financial results——UT,First Quarter 2005 Guidance Total Revenues: $770$780 million Gross Margins: 2325% GAAP EPS: $0.20$0.22,6,UT毛利率迅速下滑,7,UT的盈利水平迅速下滑,8,