上市公司盈利质量分析——以云南旅游股份有限公司为例  

Analysis of Listed Company Earnings Quality——Case Study on Yunnan Tourism

作　　者：朱鹏[1,2] 龙妮[3] 

机构地区：[1]湖南商学院会计学院,湖南长沙410000 [2]中南大学商学院,湖南长沙410000 [3]吉首大学会计系,湖南吉首416000

出　　处：《湖南人文科技学院学报》2015年第4期28-34,共7页Journal of Hunan University of Humanities,Science and Technology

基　　金：国家社科基金重大项目"基于工业的循环经济价值流分析研究"(11&ZD166);湖南省社科基金资助项目"张家界旅游企业建立环境会计核算体系的研究"(2010YBA237)

摘　　要：随着上市公司财务状况透明度的增加,会计信息质量受到投资者、监管层、债权人和其他利益相关者的高度关注,而作为会计信息的核心构成部分——盈利质量,尤其倍受关注。基于资产负债表、利润表、现金流量表、股票价格以及项目结构等方面,以云南旅游股份有限公司为研究个案,对企业的盈利质量进行分析后发现:云南旅游盈利质量在行业中处于中等水平,且云南旅游的现金流不充足、盈利结构稳定性较弱。对此,应采取加强资本的投资和管理、完善公司治理结构以及加强业务板块的扩张等措施。With the increasing of financial transparency of listed companies, the quality of accounting information has become a major concern for investors, regulators, creditors and stakeholders. Earnings quality, an important part of accounting informa- tion, also receives great attention. This paper looks at Yunnan Tourism Limited Co. , Ltd and presents a detailed analysis of the company＇ s earnings quality based on the study of its balance sheet, income statement, cash flow statement, stock price and pro- ject structure. This study shows such problems as average earnings quality, insufficient cash flow, and weak stability of the profit structure facing the company. Therefore, measures should he taken to strengthen capital investment and management, improve governance structure and expand business.

关 键 词：上市公司 盈利质量 云南旅游 

分 类 号：F830.59[经济管理—金融学]