还杜邦财务分析系统的原貌

Back to the Original State of Dubang Financial Affairs Analysis System

杜邦财务分析系统是对企业财务状况进行综合评价的一种较好方法,目前中国普遍采用销售净利率、资产周转率和权益乘数三因素分析。而创造杜邦财务分析系统的美国则是采用税收负担率、利息负担率、销售报酬率、资产周转率和权益乘数五因素分析。实践证明,五因素分析比三因素分析更能全面地反映企业的经营情况。

Dubang financial affairs analysis system is a good method to the integrated evaluation of the state of financial affairs in an enterprise. In china, we generally analyze the three factors that are sales net profit rate, the capital assets circulating rate and the rights and interests multiplier. But in America, where Dubang financial affairs analysis system was invented, five factors,such as the taxation burden rate, the interest burden rate, the sales rewards rate, the capital assets circulating rate and the rights and interests multiplier to analyze. It is proved by practice that five factors analysis method can reflect the managing situation more fully than three factors method.