题 目： NT 公司盈利能力存在问题与 对策研究 摘要国内制糖业的主要原料来源是甘蔗，同时它还是糖业化工和能源、纤维方面非常重要的原材料，是我国非常重要的糖料作物。国内最为主要的甘蔗原材料基地毫无疑问当属广西省，全区千亿元产业当中就包括蔗糖产业，推进广西省蔗糖产业的稳健发展有利于我国经济的发展进步。NT 公司是一家以糖业生产及销售作为主要经营业务的企业，现阶段已发展成为全国制糖行业当中最大的国有控股上市公司。企业的收益状况及未来的发展能力是投资者最为关心的，企业必须持续获取利润方能发展壮大，而近年来 NT 公司业绩波动严重，净利润甚至出现了负值。本文通过对几个代表性的财务指标进行分析，了解 NT 公司目前的盈利能力现状，重点通过杜邦分析体系的净资产收益率、销售净利率、总资产净利率、权益乘数、每股收益、每股现金净流量这些指标，来分析 NT 公司的盈利能力。在此基础上揭示了 NT公司在销售业绩、成本费用、资本结构这些方面存在的不足，最后根据这些问题找出它形成的原因，并提出相应的解决办法。关键词：盈利能力；盈利质量；杜邦分析1AbstractThe main source of raw materials for the domestic sugar industry is sugarcane, and it is a very important raw material for sugar chemical industry and energy and fiber, which is a very important sugar crop in our country. There is no doubt that the most important base of sugarcane raw materials in Guangxi Province, the region of hundreds of billions of industries including the sugar industry, to promote the steady development of sugar industry in Guangxi province is conducive to China's economic development and progress. NT Company is a sugar production and sales as the main business enterprise, at this stage has developed into the national sugar industry, the largest state-controlled listed companies. The profitability of the enterprise and future development capacity is the most concern of investors, enterprises must continue to gain profits to grow, and in recent years , NT Company performance fluctuations,...
