{"id":13582,"date":"2019-02-20T09:00:44","date_gmt":"2019-02-20T01:00:44","guid":{"rendered":"https:\/\/www.lixiangluntan.com\/13582.html"},"modified":"2019-02-20T09:00:44","modified_gmt":"2019-02-20T01:00:44","slug":"%e9%80%89%e6%8b%a9%e5%85%ac%e5%8f%b8%e7%9a%84%e8%a6%81%e8%af%80_%e7%82%92%e8%82%a1%e8%bd%af%e4%bb%b6","status":"publish","type":"post","link":"https:\/\/www.lixiangluntan.com\/?p=13582","title":{"rendered":"\u9009\u62e9\u516c\u53f8\u7684\u8981\u8bc0_\u7092\u80a1\u8f6f\u4ef6"},"content":{"rendered":"<blockquote style=\"font-size:15px;background-color: #F5F5F5;border:none;padding: 5px;margin:15px;line-height: 1.6;text-indent: 2em;\">\n<p style=\"margin-bottom:5px;\">\u5206\u6790\u516c\u53f8\u7684\u5de5\u5177<\/p>\n<p>\u3000\u3000\u5982\u4f55\u5229\u7528\u5206\u6790\u6bd4\u4f8b\u6765\u5206\u6790\u516c\u53f8\u5e74\u62a5\uff1a<\/p>\n<\/blockquote>\n<p>&nbsp;&nbsp;&nbsp;&nbsp; <\/p>\n<p> \u3000\u3000\uff08\u4e00\uff09\u5bf9\u7ba1\u7406\u5c42\u7684\u4f5c\u98ce\u5ba1\u614e\u8003\u8651\u3002<\/p>\n<p> \u3000\u3000\u8457\u540d\u4e13\u680f\u4f5c\u5bb6\u66f9\u4ec1\u8d85\uff0c\u66fe\u7ecf\u5217\u4e3e\u9999\u6e2f\u4e0a\u5e02\u516c\u53f8\u7684\u7ba1\u7406\u5c42\u6709\u201c\u5341\u5927\u6076\u4eba\u201d\uff0c\u7b14\u8005\u5728\u6b64\u4e0d\u4fbf\u8be6\u52a0\u8ba8\u8bba\uff0c\u53ea\u8bc4\u8bba\u5728\u5e74\u62a5\u4e2d\u516c\u5f00\u7684\u4e0a\u5e02\u516c\u53f8\u8463\u4e8b\u888d\u91d1\u53ca\u85aa\u916c\u3002\u5c06\u8463\u4e8b\u85aa\u916c\u4e0e\u516c\u53f8\u6ea2\u5229\u4f5c\u6bd4\u8f83\uff0c\u662f\u4e86\u89e3\u7ba1\u7406\u5c42\u7684\u597d\u5f00\u59cb\u3002\u4e0d\u5c11\u9999\u6e2f\u4e0a\u5e02\u516c\u53f8\u7684\u8463\u4e8b\u5c40\u6210\u5458\uff0c\u90fd\u662f\u76f8\u5173\u521b\u529e\u4eba\u7684\u5b50\u5b59\u3002\u5176\u4e2d\u6709\u4e00\u4e9b\u662f\u5386\u53f2\u60a0\u4e45\uff0c\u4f46\u7ba1\u7406\u4e4f\u5584\u53ef\u9648\u7684\uff0c\u5728\u516c\u53f8\u5e74\u5e74\u4e8f\u635f\u4e0b\uff0c\u8463\u4e8b\u4ecd\u7136\u6536\u53d6\u5e9e\u5927\u7684\u85aa\u916c\u53ca\u888d\u91d1\u3002\u5728\u6b64\u7b14\u8005\u5217\u4e3e\u4e24\u5bb6\u516c\u53f8\uff1a\u4e3d\u65b0\u53d1\u5c55\u53ca\u5148\u65bd\u516c\u53f8\u3002\u5728\u6b64\u58f0\u660e\uff0c\u7b14\u8005\u4e0e\u4e24\u5bb6\u516c\u53f8\u5e76\u65e0\u4ea4\u5f80\u6216\u4efb\u4f55\u6295\u8d44\u3002<\/p>\n<p> \u3000\u3000\u4e3d\u65b0\u53d1\u5c55\u81ea1998\u5e747\u670831\u65e5\u4ee5\u6765\uff0c\u5e74\u5e74\u4e8f\u635f\uff0c\u80a1\u4e1c\u539f\u6709\u7684\u8d44\u91d1\u7531172\u4ebf\u5143\u4e0d\u65ad\u4e0b\u8dcc\u3002\u81f32003\u5e747\u670831\u65e5\uff0c\u80a1\u4e1c\u8d44\u91d1\u51fa\u73b0\u8d1f\u65703.74\u4ebf\u5143\uff0c\uff15\u5e74\u5185\u80a1\u4e1c\u8d44\u91d1\u4e00\u5171\u635f\u5931\u4e86175\u4ebf\u5143\uff1b\u540c\u671f\u8463\u4e8b\u7684\u85aa\u916c\uff0c\u4ecd\u7136\u7ef4\u6301\u5728\u6bcf\u5e742\uff0c000\u591a\u4e07\u5143\u4ee5\u4e0a\uff0c\u6797\u5efa\u5cb3\u4e2a\u4eba\u6536\u53d6\u8fbe\u5343\u591a\u4e07\u4e00\u5e74\u3002\u521b\u529e\u8005\u7684\u540e\u4eba\u5e94\u5426\u89c6\u4e0a\u5e02\u516c\u53f8\u4e3a\u7956\u5148\u7684\u4f59\u836b\uff1f\u4f5c\u4e3a\u6295\u8d44\u8005\uff0c\u5e94\u5426\u4e3a\u522b\u4eba\u517b\u5b50\u5b59\u5462\uff1f<\/p>\n<p> \u3000\u3000\u5148\u65bd\u516c\u53f8\u6709\u8fd1\u767e\u5e74\u5386\u53f2\uff0c\u73b0\u65f6\u8463\u4e8b\u5c40\u5927\u90e8\u5206\u6210\u5458\uff0c\u662f\u59cb\u521b\u8005\u9a6c\u6c0f\u7684\u540e\u4eba\u3002\u516c\u53f8\u8fc7\u53bb\uff16\u5e74\u90fd\u51fa\u73b0\u5927\u5e45\u4e8f\u635f\uff0c\u80a1\u4e1c\u8d44\u91d1\u75311999\u5e74\uff12\u670828\u65e5\u768418.7\u4ebf\u5143\u4e0b\u964d\u81f32004\u5e742\u670828\u65e5\u76849.2\u4ebf\u5143\uff0c\u4f46\u8fc7\u53bb\uff16\u5e74\uff0c\u8463\u4e8b\u7684\u85aa\u916c\u6bcf\u5e74\u4ecd\u7136\u7ef4\u6301\u57282\uff0c000\u4e07\u5143\u4ee5\u4e0a\u3002\u8fd9\u4e9b\u8463\u4e8b\u5e74\u5e74\u652f\u53d6\u9ad8\u85aa\uff0c\u66fe\u5426\u6709\u627f\u62c5\u51b3\u7b56\u4e0a\u7684\u9519\u8bef\u5462\uff1f<\/p>\n<p> \u3000\u3000\u53e6\u4e00\u5ba1\u6838\u65b9\u6cd5\u662f\u8981\u770b\u7ba1\u7406\u5c42\u6709\u5426\u201c\u4e3a\u6269\u5145\u800c\u6269\u5145\u201d\uff0c\u5e76\u4e0d\u662f\u4e3a\u80a1\u4e1c\u7684\u5229\u76ca\u800c\u6269\u5145\u3002\u6700\u597d\u7684\u4f8b\u5b50\u662f\u65b0\u4e16\u754c\u96c6\u56e2\uff0c\u516c\u53f8\u6d89\u8db3\u51e0\u4e4e\u6bcf\u4e00\u4e2a\u884c\u4e1a\u7684\u751f\u610f\uff0c\u4ece\u5730\u4ea7\u5230\u9152\u5e97\u3001\u4ece\u5df4\u58eb\u5230\u5c0f\u8f6e\u3001\u4ece\u9ad8\u79d1\u6280\u5230\u7535\u8baf\u3001\u4ece\u9999\u6e2f\u8dd1\u5230\u4e2d\u56fd\u3002\u4f46\u8fc7\u53bb\u6570\u5e74\u7684\u4e1a\u7ee9\uff0c\u662f\u7edd\u5bf9\u4ee4\u4eba\u5931\u671b\u7684\u3002\u4ee5\u5bb6\u65cf\u7ecf\u8425\u7684\u516c\u53f8\uff0c\u5982\u6b64\u7684\u7ba1\u7406\u9636\u5c42\uff0c\u662f\u5426\u6709\u80fd\u529b\u540c\u65f6\u7ba1\u7406\u5404\u884c\u5404\u4e1a\uff0c\u8fd9\u662f\u4e2a\u7591\u95ee\u3002\u8fd9\u4e9b\u516c\u53f8\u662f\u7edd\u5bf9\u8981\u907f\u5f00\u7684\u3002<\/p>\n<p> \u3000\u3000\u9999\u6e2f\u4ea6\u6709\u4e0d\u5c11\u597d\u7684\u7ba1\u7406\u5c42\u3002\u957f\u6c5f\u4e3b\u5e2d\u674e\u5609\u8bda\u6bcf\u5e74\u7684\u888d\u91d1\u53ea\u662f1\u4e07\u5143\u3002\u597d\u7684\u516c\u53f8\u9700\u8981\u597d\u7684\u96c7\u5458\u53ca\u597d\u7684\u9886\u5bfc\u73ed\u5b50\u3002\u80fd\u5426\u7528\u91cd\u91d1\u8058\u8bf7\u4e13\u624d\u6765\u7ba1\u7406\u53ca\u4e3a\u516c\u53f8\u8d5a\u94b1\uff0c\u8fd9\u662f\u4e00\u4e2a\u826f\u597d\u7684\u3002\u597d\u7684\u8463\u4e8b\u5c40\u662f\u8981\u61c2\u5f97\u77e5\u8d24\u4efb\u80fd\uff0c\u4e0d\u5e94\u5355\u662f\u4e3a\u81ea\u5df1\u4e89\u53d6\u9ad8\u85aa\u539a\u7984\uff0c\u800c\u662f\u8981\u4ee4\u6709\u80fd\u529b\u7684\u5458\u5de5\uff0c\u5f97\u5230\u5408\u7406\u53ca\u5177\u5438\u5f15\u6027\u7684\u85aa\u916c\uff0c\u4ee4\u4ed6\u4eec\u4e3a\u516c\u53f8\u4f5c\u51fa\u8d21\u732e\u3002\u6700\u597d\u7684\u4f8b\u5b50\u662f\u6c47\u4e30\u94f6\u884c\uff0c\u516c\u53f8\u7684\u8463\u4e8b\u5c40\u67099\u4f4d\u6267\u884c\u8463\u4e8b\uff0c2003\u5e74\u4ed6\u4eec\u603b\u4f53\u7684\u85aa\u916c\u5c11\u4e8e2\uff0c000\u4e07\u7f8e\u5143\u3002\u540c\u5e74\uff0c\u6c47\u4e30\u67095\u4f4d\u975e\u8463\u4e8b\u7ea7\u7684\u4e13\u4e1a\u4eba\u58eb\uff0c\u8fd95\u4f4d\u4eba\u58eb\u7684\u85aa\u916c\u8fbe\u52306\uff0c000\u4e07\u7f8e\u5143\uff083\uff0c000\u4e07\u7f8e\u5143\u85aa\u916c\uff0c\u52a0\u4e0a3\uff0c000\u4e07\u7f8e\u5143\u82b1\u7ea2\u5956\u8d4f\uff09\uff0c\u6570\u500d\u4e8e\u8463\u4e8b\u5c40\u3002\u8fd9\u4e9b\u4eba\u7684\u82b1\u7ea2\u53ca\u5956\u8d4f\uff0c\u662f\u80af\u5b9a\u4e86\u4ed6\u4eec\u5bf9\u6c47\u4e30\u94f6\u884c\u6ea2\u5229\u7684\u8d21\u732e\u3002\u7cbe\u660e\u7684\u8463\u4e8b\u5c40\uff0c\u4e0d\u60dc\u91cd\u91d1\u5956\u8d4f\u5bf9\u516c\u53f8\u6709\u8d21\u732e\u7684\u5458\u5de5\u3002<\/p>\n<p> \u3000\u3000\u597d\u7684\u516c\u53f8\u7ba1\u7406\u5c42\uff0c\u4e00\u5b9a\u4f1a\u6ce8\u91cd\u80a1\u4e1c\u6743\u76ca\uff0c\u516c\u53f8\u4f1a\u6309\u4e1a\u7ee9\u6d3e\u606f\u7ed9\u80a1\u4e1c\uff0c\u8fd9\u4e5f\u662f\u4e00\u4e2a\u7528\u4f5c\u4e08\u91cf\u7ba1\u7406\u5c42\u4f5c\u98ce\u7684\u826f\u597d\u6307\u6807\u3002\u6b64\u5916\uff0c\u5f53\u516c\u53f8\u7684\u8d44\u91d1\u6ca1\u6709\u51fa\u8def\u3001\u65e0\u6cd5\u83b7\u53d6\u9884\u671f\u56de\u62a5\u65f6\uff0c\u5229\u7528\u8fd9\u4e9b\u8d44\u91d1\u56de\u8d2d\u516c\u53f8\u7684\uff0c\u8fd9\u4e2a\u505a\u6cd5\u4e5f\u662f\u503c\u5f97\u8d5e\u8bb8\u7684\u3002\u82e5\u5c06\u591a\u4f59\u8d44\u91d1\u80e1\u4e71\u6295\u8d44\uff0c\u4e0d\u5355\u62d6\u4f4e\u56de\u62a5\uff0c\u751a\u81f3\u51fa\u73b0\u5e74\u5e74\u4e8f\u635f\u3002\u56de\u8d2d\u80a1\u4efd\u5c31\u662f\u56de\u9988\u80a1\u4e1c\uff0c\u56e0\u4e3a\u80a1\u6570\u51cf\u5c11\u4e86\uff0c\u6bcf\u80a1\u7eaf\u5229\u4f1a\u6709\u6240\u589e\u52a0\uff0c\u800c\u5e02\u573a\u4ef7\u683c\u4ea6\u4f1a\u5f97\u5230\u652f\u6301\uff0c\u50cf\u4e2d\u6d77\u6cb9\u6700\u8fd1\u4e24\u5e74\u6d3e\u606f\u6177\u6168\uff0c\u4ea6\u6709\u5728\u5e02\u573a\u56de\u8d2d\u516c\u53f8\u7684\u80a1\u7968\u3002\u6839\u636e\u8bc4\u7ea7\u60e0\u8a89\u7684\u62a5\u544a\uff0c\u4e2d\u7535\u63a7\u80a1\u81ea1997\u5e74\u4ee5\u6765\uff0c\u56de\u8d2d\u80a1\u4efd\u5171\u52a8\u7528167\u4ebf\u6e2f\u5143\uff0c\u5411\u80a1\u4e1c\u6d3e\u606f\u8fbe290\u4ebf\u6e2f\u5143\uff0c\u53cd\u6620\u96c6\u56e2\u5bf9\u80a1\u4e1c\u7684\u627f\u8bfa\u3002<\/p>\n<p> \u3000\u3000\uff08\u4e8c\uff09\u7559\u610f\u516c\u53f8\u7684\u5e02\u573a\u7ecf\u6d4e\u4e13\u5229\uff0c\u662f\u5426\u4f1a\u88ab\u892b\u593a\u53bb\uff1b\u4ea7\u54c1\u6216\u670d\u52a1\u7684\u5e02\u573a\u662f\u5426\u5728\u6269\u5f20\u6216\u6536\u7f29\u3002<\/p>\n<p> \u3000\u3000\uff08\u4e09\uff09\u516c\u53f8\u4ea7\u54c1\u6216\u670d\u52a1\u7684\u552e\u4ef7\u8c03\u6574\u673a\u5236\uff0c\u662f\u5426\u80fd\u591f\u53cd\u6620\u5e02\u573a\u9700\u6c42\u3002<\/p>\n<p> \u3000\u3000\uff08\u56db\uff09\u7528\u8fc7\u5f80\u6700\u5c114\uff0d5\u5e74\u7684\u4e1a\u7ee9\uff0c\u4f5c\u8be6\u7ec6\u5206\u6790\u4e1a\u52a1\u53d1\u5c55\u6210\u679c\u3002<\/p>\n<p> \u3000\u3000\uff08\u4e94\uff09\u4ece\u635f\u76ca\u5e10\u4e2d\uff0c\u7528\u8fc7\u53bb4\uff0d5\u5e74\u7684\u4e1a\u7ee9\u5206\u6790\u9664\u7a0e\u53ca\u5229\u606f\u524d\u6ea2\u5229\uff08EBIT\uff09\uff0c\u8fb9\u9645\u6bdb\u5229\u6216\u7eaf\u5229\u7387\uff08Profit Margins\uff09\u53ca\u80a1\u4e1c\u8d44\u91d1\u56de\u62a5\u7387\uff08ROE\uff09\u6216\u516c\u53f8\u8d44\u4ea7\u56de\u62a5\u7387\uff08ROA\uff09\u662f\u5426\u6709\u6539\u5584\u3002<\/p>\n<p> \u3000\u3000\uff08\u516d\uff09\u5206\u6790\u516c\u53f8\u7684\u73b0\u91d1\u6d41\uff08Cash Flow\uff09\u53ca\u672a\u6765\u516c\u53f8\u7684\u8d44\u672c\u6027\u5f00\u652f\uff08Capex\uff09\u662f\u5426\u8db3\u591f\uff1f\u4e5f\u8981\u770b\u516c\u53f8\u6574\u4f53\u8d1f\u503a\u4e0e\u80a1\u4e1c\u8d44\u91d1\u7684\u6bd4\u7387\uff08Debt\/Equity Ratio\uff09\u3002<\/p>\n<p> \u3000\u3000\uff08\u4e03\uff09\u5206\u6790\u516c\u53f8\u65b0\u6295\u8d44\u65b9\u9762\u80fd\u5426\u53d6\u5f97\u4e00\u8d2f\u7684\u56de\u62a5\u3002<\/p>\n<p> \u3000\u3000\uff08\u516b\uff09\u516c\u53f8\u662f\u5426\u5927\u91cf\u5370\u53d1\u65b0\u80a1\uff0c\u201c\u644a\u8584\u201d\u6bcf\u80a1\u6ea2\u5229\u3002<\/p>\n<p> \u3000\u3000\uff08\u4e5d\uff09\u5229\u7528\u5404\u79cd\u6bd4\u4f8b\uff0c\u5c06\u516c\u53f8\u4e0e\u5176\u4ed6\u540c\u4e1a\u516c\u53f8\u4f5c\u4e00\u6bd4\u8f83\u3002<\/p>\n<p> \uff08\u80a1\u7968\u8d44\u6e90\u9986lixiangluntan.com\uff09<\/p>\n<blockquote style=\"font-size:15px;background-color: #F5F5F5;border:none;padding: 5px;margin:15px;line-height: 1.6;text-indent: 2em;\">\n<p style=\"margin-bottom:5px;\">\u3010\u80a1\u7968\u8d44\u6e90\u9986\u3011\u7b56\u7565\u6295\u8d44\u7834\u89e3,\u56fe\u7247\u514d\u8d39\u4e0b\u8f7d,\u7406\u60f3\u80a1\u7968\u6280\u672f\u8bba\u575b,\u8d22\u7ecf\u80a1\u7968\u8bba\u575b,\u7092\u80a1\u8bba\u575b\u793e\u533a,\u80a1\u7968\u8f6f\u4ef6,\u80a1\u7968\u516c\u5f0f,\u6e90\u7801\u4ea4\u6d41,\u6307\u6807\u516c\u5f0f,\u7092\u80a1\u4e66\u7c4d,\u5206\u6790\u5bb6\u516c\u5f0f\u7f51,\u80a1\u65c1\u7f51,\u80a1\u7968\u914d\u8d44\u3002<\/p>\n<\/blockquote>\n<blockquote style=\"font-size:15px;background-color: #F5F5F5;border:none;padding: 5px;margin:15px;line-height: 1.6;text-indent: 2em;\">\n<p style=\"margin-bottom:5px;\">\u57fa\u672c\u9762\u5206\u6790\u7684\u9009\u80a130\u4e2a\u8981\u7d20<\/p>\n<p>\u3000\u30001\u3001\u6bcf\u80a1\u6536\u76ca\u5927\u4e8e\u5f53\u65f6\u5e02\u573a\u5e73\u5747\u6bcf\u80a1\u6536\u76ca\uff0c\u4e2d\u671f\u62a5\u544a\u81f3\u5c11\u57280.2\u5143\u4ee5\u4e0a\uff0c\u4e09\u5b63\u5ea6\u81f3\u5c11\u57280.35\u4ee5\u4e0a\uff0c\u5e74\u5ea6\u62a5\u544a\u81f3\u5c11\u57280.5\u5143\u4ee5\u4e0a\u3002<\/p>\n<\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>\u3000\u3000\uff08\u4e00\uff09\u5bf9\u7ba1\u7406\u5c42\u7684\u4f5c\u98ce\u5ba1\u614e\u8003\u8651\u3002<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[175],"class_list":["post-13582","post","type-post","status-publish","format-standard","hentry","category-xg","tag-175"],"_links":{"self":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts\/13582","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13582"}],"version-history":[{"count":0,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=\/wp\/v2\/posts\/13582\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13582"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13582"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.lixiangluntan.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13582"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}