万科企业股份有限公司财务分析报告目录一、企业简介.................................................................................................................................................1二、战略分析.................................................................................................................................................1三、资产负债表分析.....................................................................................................................................4（一）资产负债表水平分析.................................................................................................................4（二）资产负债表垂直分析...............................................................................................................10（三）资产负债表项目分析...............................................................................................................16四、所有者权益变动表分析.......................................................................................................................18（一）所有者权益变动表的水平分析...............................................................................................18（二）所有者权益变动表的垂直分析...............................................................................................19（三）所有者权益变动表主要项目分析...........................................................................................20五、利润表分析...........................................................................................................................................21（一）利润增减变动情况分析...........................................................................................................21（二）利润构成变动分析...................................................................................................................24（三）营业利润分析...........................................................................................................................25（四）利润表分项分析.......................................................................................................................26六、现金流量表分析...................................................................................................................................32（一）现金流量表一般分析...............................................................................................................32（二）现金流量表水平分析...............................................................................................................34（三）现金流量表结构分析...............................................................................................................37（四）现金流量表主要项目分析.......................................................................................................41（五）综合分析...................................................................................................................................43七、财务效率分析......................................................................................................................................46（一）盈利能力分析...........................................................................................................................46（二）营运能力分析...................
