When investing a company, can be opposite above all the financial forms for reporting statistics of the company undertakes an analysis, eliminate the risk that exists possibly, although financial forms for reporting statistics represents instantly merely, but the management condition that can know a company and capital structure case, as audit more and more normalization, company financial forms for reporting statistics considerably the possibility of cheat is lesser, but also have the kind that carries financial method cheat, the finance affairs that financial analysis basically wants to see a company namely relies on chart, can invest for a long time:
View a few index that the company manages basically above all:
Front time has a friend to say to me this industry is not a good industry, look nevertheless before the company with the management circumstance of instantly, this industry is the good industry of one hundred percent truly, gross profit leads 90% above, net leads 50% above, asset is indebted rate is extremely low, ROE is achieved 30% the left and right sides, appear on the market collect endowment 961 million, appear on the market two years to share out bonus 481 million, excuse me the industry of such index turns over all industries to have this yield very hard also.
Look to analyse the financial condition that sees a company through Du Bang again:
My circle is red in the graph is asset the project that the need in be in debt checks, other liquid assets 1.63 billion, can produce for selling golden financing 173 million, in build a project 408 million, receivable Zhang money 203 million, this category eye is a few course of easier cheat, need understands his to form in detail, and business praise, intangible assets is inferior the platoon that is not in this so " thunder " inside limits.
Other liquid assets:
Other liquid assets basically is product of conduct financial transactions has 1.6 billion remaining sum, the announcement that the product of conduct financial transactions that this releases at auspicious bit early days buys is be identical, company cash flows abundant, daily conduct financial transactions is a kind of groovy means of dish of vivid capital.
Receivable Zhang money:
Receivable Zhang money basically is the receivable Zhang money of a year of less than, classics inquiry basically is the come-and-go money with amusement of thunderbolt each other, should be external loan, the borrow or lend money that still have even if gives a worker (this company material benefits is good really)
Can offer the financial asset that sell:
Can offerring the financial asset that sell is to press cost metric (cost is metric moisture is very few) , its center is moved network and employ a network easily two investment are larger, these two also are home's at present very good game company, xiamen is true interesting, RAYARK is the new project that report period just invests, the auspicious bit that a large number of cash flow prospective hold, can invest more game companies stage by stage, accrual of prospective equity rise in value also can be a direction that auspicious compares especially long-term profit.
In build a project:
The office division of Shenzhen and Xiamen, company of these two projects also has announcement, with the be identical inside financial forms for reporting statistics.
On put together, the finance affairs of auspicious bit does not have hard injury, at present cash shedding reachs his abundant, zhang area cash reserve in a bank + the ready money that bank conduct financial transactions has more than 2 billion, the capital requirement of industry of game of enough company deep ploughing, future also can continue to assure tall share out bonus for years.
Treat the cash flow condition of the company finally, this index basically reacts company profit quality, can true earn arrives money, is not paper range wealth.
The company manages an activity to manage an activity to flow into cash to match basically with turnover, explain and did not spend much receivable Zhang money, flow into 373 million yuan completely. Investment activity is poured out of completely and flow into completely bigger, because bought be caused by of many product of conduct financial transactions,be, - 395 million because invest growth of remaining sum of product of conduct financial transactions to bring about capital to pour out of a bank completely,also be. Raise fund the activity is poured out of completely 236 million, because distribute the flower such as dividend,be 237 million, belong to allocate normally pour out of.
