浅析杜邦分析法的改进——以顺丰控股股份有限公司为例

Improvements and Analysis of DuPont Analysis

杜邦分析法在企业的财务分析中占据了重要的地位,但是随着企业发展模式的多样化,传统的杜邦分析法逐渐暴露出一些不足。因此,文中针对其缺点提出了对于传统杜邦分析法的改进方法。另外,利用传统和改进后的杜邦分析模型对顺丰控股股份有限公司2017年和2018年的年度财务报表进行了简要分析,总结提出改进后的杜邦分析法相对于传统杜邦分析法的优势。

DuPont analysis method plays an important role in the financial analysis of enterprises,but with the diversification of the company's development model,the traditional DuPont analysis method gradually exposes some shortcomings.This article proposes an improvement to the traditional DuPont analysis method,which mainly introduces earnings per share and operating net cash flow indicators.In addition,using the traditional DuPont analysis model and the improved DuPont analysis model,the annual financial statements of SF Holdings Co.,Ltd.in 2017 and 2018 were briefly analyzed,and the improved DuPont analysis method was proposed in comparison with the traditional DuPont analysis method.