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时间:2019-05-11
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1、XXX学院《投资项目评估》课程论文班级:学号:姓名:成绩:年月日摘要项目盈利能力分析主要是考察项目投资的盈利水平。一般来讲,主要有静态和动态两类常用指标。有如下几个指标:1、投资利润率2、投资利税率3、资本金利润率4、财务净现值5、财务内部收益率项目清偿能力从两个方面来评价:一是项目全部投资回收期,二是项目清偿能力分析。投资回收期反映的是项目净收益抵偿全部投资所需的时间。投资者在计算该指标时(无论是静态,还是动态),都假定全部投资是由自有资金来完成的,而所有的利息,不管是固定资产借款利息还是流动资金借款利息都不考虑。通过静态全部投资回收期和动态全部投资回收期两个指标来反映。项目清偿
2、能力分析主要是考察项目计算期内各年的财务状况即清偿能力,主要是通过借款还本付息计算表、资金来源与运用表和资产负债表的评估,计算财务比率和固定资产投资借款偿还期来进行。反映项目还款能力的指标,分析判断项目还款期间的财务状况及还款能力,分析项目按时偿还贷款的可能性。如通过以下几个指标:1.资产负债率2.贷款偿还期 3.流动比率4.速动比率。关键字:盈利能力、清偿能力AbstractProjectprofitabilityanalysisismainlyinspectedtheprojectinvestmentprofitlevel.Generallyspeaking,mainlyhas
3、twokindsofstaticanddynamicindicatorsused.Thefollowingmeasures:firsttheprofitrateofinvestmentsecondisrateofinvestmentthirdcapitalprofitmargin,fourthinancialnetpresentvalue,lastisinternalrateofreturn.Theprojectrepaymentabilityfromtwoaspects:oneisevaluationofprojectinvestmentrecoveryperiod,twopro
4、jectrepaymentabilityanalysis.Investmentrecoveryperiodisthereflectionofprojectofnetincomeforalltimeinvestmentrequired.Investorsinthecalculationoftheindex(eitherstaticordynamic,),haveassumedthatallinvestmentbyitsownfundstocomplete,andalltheinterest,whetheritisfixedassetsloaninterestorcurrentfund
5、loaninterestnottoconsider.Throughthestaticinvestmentrecoupmentperiodanddynamicrecoveryperiodoftotalinvestmenttwoindicatorstoreflect.Theprojectrepaymentabilityanalysisismainlyinspectedtheprojectcalculationperiodoftheyearthefinancialsituationissolvency,mainlythroughtheloanrepaymentofprincipaland
6、interestcalculationtable,sourceandapplicationoffundsstatementandbalancesheetevaluation,calculationoffinancialratiosandtheinvestmentinthefixedassetsloanrepaymentperiodto.Reflecttheprojectrepaymentabilityindex,analysisandjudgmentofprojectpaymentsduringthefinancialstatusandtheirabilitytorepaythel
7、oanontime,thepossibilityofanalysisproject.Suchasthroughthefollowingmeasures:firstistherateofassetsandliabilities,secondisloanrepaymentperiod,thirdisquickratioandthelastiscurrentratio.Keywords:Profitability,liquidity企业财务评价是在对项目的投资估算、资金筹措
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