PT BCTC

TKMH: PHAN TCH HKT
Lp: KX12LT
GVHD: Th.s LE QUANG PHUC
NHAN XET CUA GIAO VIEN HNG DAN

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NHAN XET CUA GIAO VIEN PHAN BIEN

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SVTH: HUYNH NGOC NGHA
Trang 1
TKMH: PHAN TCH HKT
Lp: KX12LT
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CHNG I :
1.1
GII THIEU CHUNG
Gii thieu ve doanh nghiep xay dng

-
Ten doanh nghiep : Cong ty Co phan au t va phat trien nha at Cotec
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TKMH: PHAN TCH HKT
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Ten tieng anh : Cotec investment and land-house development joint stock
company.
Ten viet tat : CotecLand JSC
Tru s chnh : 14 Nguyen Trng To, Phng 12, Quan 4, Thanh pho Ho
Ch Minh
Ma so thue : 0303666737
ien thoai : ( 84 ) 08.54011888
Fax : ( 84 ) 08.54011088
Email : cotecland@cotecland.com.vn
Website : www.cotecland.com.vn
Ma chng khoan : CLG
Von ieu le : 100.000.000.000 ( Mot tram ty ong )
Tai khoan : 140.10000.865740 tai NH au t Phat trien Viet Nam - CN Sai

Gon
Giay CNKKD : 0303666737 do S Ke hoach va au t TP. Ho Ch Minh

cap ngay 30/03/2010 ( ang ky lan au ngay 28/01/2005 )
Nhng s kien quan trong :
Ngay 05/05/1993, Bo trng Bo Xay dng b an hanh Quyet nh so

089A/BXD TCL thanh lap lai Doanh nghiep nha nc : Cong ty Ky
thuat Xay dng va Vat lieu Xay dng thuoc Lien hiep cac X nghiep
Vat lieu Xay dng so 1 thuoc Bo xay dng.
Ngay 04/01/2005, Bo trng Bo Xay dng ban hanh Quyet nh so

04/Q-BXD ch ao trien khai co phan hoa Cong ty Ky thuat Xay dng
va Vat lieu Xay dng trong nam 2005.
Ngay 18/11/2005, Bo trng Bo Xay dng ban hanh Quyet nh so

2155/Q-BXD chuyen Cong ty Ky thuat Xay dng va Vat lieu Xay dng
thuoc Tong cong ty Vat lieu Xay dng so 1 thanh Cong ty Co phan
Ngay 06/12/2005, Cong ty hoat ong di hnh thc cong ty co phan vi

ten goi : Cong ty co phan Ky thuat Xay dng va Vat lieu Xay dng
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TKMH: PHAN TCH HKT
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ten giao dch la COTEC theo giay chng nhan ang ky kinh doanh so
4103004103 do S Ke hoach va au t Thanh pho Ho Ch Minh cap.
-
Trong qua trnh co phan hoa cong ty me la Cotec Group, cac x nghiep
trc thuoc nh nha may Coterraz, Trung tam Kinh doanh Bat ong san va
hai X nghiep Xay lap cung c hng dan co phan hoa theo quyet
nh so 2013/Q-BXD ban hanh ngay 17 thang 12 nam 2004.
Ngay 28/01/2005, Cong ty Co phan au t va phat trien nha at Cotec

(CotecLand ) a thanh lap theo chng nhan ang ky kinh doanh so
4103003080 cua S Ke hoach va au T Thanh pho Ho Ch Minh.
T ngay 30/07/2010, Cong ty a ang ky niem yet va giao dch len San
chng khoan TP.HCM theo Quyet nh so 158/Q-SGDHCM do S giao dch
chng khoan TP.HCM cap. Qua trnh tang von ieu le ke t khi Cong ty
hoat ong di hnh thc Cong ty co phan.
1.2
Nganh nghe kinh doanh :
1.2.1 au t kinh doanh nha, moi gii, t van bat ong san, t van au t.
1.2.2 Kinh doanh bat ong san, dch vu nh gia bat ong san, san giao dch
bat ong san, dch vu au gia bat ong san, dch vu quang cao bat
ong san, dch vu quan ly bat ong san,
1.2.3 Kinh doanh khach san; khu ngh dng.
1.2.4 Thiet ke kien truc cong trnh dan dung va cong nghiep, quan ly d
an cac cong trnh dan dung va cong nghiep, giam sat thi cong xay
dng cong trnh dan dung va cong nghiep, xay dng, lap at, sa cha
cac cong trnh dan dung, cong nghiep, cong trnh ky thuat ha tang khu
o th va khu cong nghiep; cac cong trnh giao thong, cong trnh thuy
li.
-
Thi cong xay dng cac cong trnh cap thoat nc va x ly moi trng;
ng day, tram bien ap.
Khai thac, san xuat, mua ban vat lieu xay dng.
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TKMH: PHAN TCH HKT
Lp: KX12LT
San xuat, mua ban thiet b nganh xay dng, ket cau thep tien che; mua
ban vat t, may moc, thiet b, phu tung thay the, day chuyen cong nghe
nganh xay dng; hang thu cong my nghe
Kinh doanh du lch l hanh noi a.
Quang cao, nghien cu th trng va tham do d luan; to chc gii

thieu va xuc tien thng mai.
1.3
Tnh hnh hoat ong

-
T khi thanh lap cho en nay, cong ty luon phan au gi vng s tang
trng ve doanh so va quy mo hoat ong, tng bc hoan thien bo
may quan ly va quy trnh lam viec e no lc tr thanh mot trong
nhng nha au t bat ong san chuyen nghiep hang au tai Viet Nam.
Giai oan au mi thanh lap t nam 2005-2008, cac hoat ong cong ty
tap trung nhieu cac mang xay lap, bat ong san, san xuat gach, cac
hoat ong thng mai trong o ty trong mang xay lap chiem kha
cao. Tuy nhien, bat au t nam 2009, xac nh hng phat trien chnh la
tr thanh nha au t bat ong san hang au tren th trng, cong ty
dan tiem can hoat ong chnh la kinh doanh bat ong san vi ty trong
cao hn hoat ong xay lap.
Cung nh cac doanh nghiep Viet Nam va va nho khac, trc cn bao
khung hoang 2007-2008, hoat ong san xuat kinh doanh cua Cotec Land
gap nhieu kho khan va tr ngai. Tuy nhien, sau nam 2008, cung vi s
phuc hoi nhe cua nen kinh te, Cotec Land cung tng bc khang nh
mnh bang s tang trng cua nam 2009 va 2010. Tren c s o, hien
nay cong ty a va ang tap trung cac d an het sc a dang va phong
phu nh: Khu dan c, khu chung c cao tang, trung tam thng mai, cao oc
van phong va khu ngh dng resort 5 sao. Cu the cac d an ve khu ngh
dng cua cong ty bao gom d an khu du lch bien Blue Sapphire Resort
Vung Tau, d an Blue Sapphire Resort Phan Thiet, d an khu dan c, chung
c th co d an Blue Sapphire Bnh Phu, d an khu dan c Phu Xuan, d
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TKMH: PHAN TCH HKT
Lp: KX12LT
an Phu Gia, khu nha Cotec Hng Phc 1 , Cotec Hng Phc 2. Ve d
an trung tam thng mai, van phong th co d an Blue Sapphire Tower
Vung Tau, d an Cotec Building.
-
Ngoai ra, trong giai oan kho khan hien nay, Ban ieu Hanh cong ty cung
ang co nhng nh hng m rong hng kinh doanh sang mang y te
giao duc va mang gia cong, san xuat hang o go noi that. Vi nh
hng nay, ban ieu Hanh cong ty hy vong se giai quyet bai toan ve
von lu ong cho doanh nghiep.
Vi nhng thanh tch va tien bo trong thi gian qua, CotecLand ngay cang
khang nh c thng hieu cua mnh tren th trng va c vinh hanh
trao tang nhieu giai thng uy tn :
+) Bang khen cua Bo xay dng nam 2006
+) Cac cup vang cua hoi ch VietBuild nam 2006, 2007, 2008 va 2009
+) Huan chng lao ong hang III do Chu tch nc trao tang nam 2006 cho
ong ao c Ngha Chu tch HQT cua cong ty
1.4
nh hng phat trien
1.4.1 Muc tieu

-
Cotec Land la mot trong nhng thanh vien cua Cotec Group, di s tac
ong tch cc va chien lc phat trien a nganh nghe cua thng hieu
COTEC, Cotec Land ang tng bc phan au e ngay mot ln manh va
hng theo con ng phat trien a nganh nghe ma cong ty me a nh
hng.
Trong nh hng phat trien cho giai oan 2011-2015 , Cotec Land phan au
se tr thanh mot thng hieu manh tren th trng bat ong san tai TP.
Ho Ch Minh noi rieng va ca nc noi chung.
Ben canh o, vi muc tieu se nh v la mot trong cac n v bat ong

san hang au cua nganh, cong ty d kien lo trnh tang von chu s
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TKMH: PHAN TCH HKT
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hu tren 300 ty ong cho giai oan 2011 2015 e u kha nang thc
hien cac d an co quy mo ln.
-
Vi nhan nh th trng bat ong san se con nhieu kho khan trong
giai oan ti, cong ty ang nh hng se m rong mang hoat ong kinh
doanh sang th trng y te giao duc va th trng o go noi that. ay
co the c xem la mot giai phap kha linh hoat v se giai quyet c
van e dong tien khi hien nay dong tien trong d an bat ong san rat
kho thao g.
1.4.2 Chien lc phat trien trung va dai han :

-
Du nh hng phat trien a nganh nghe nhng Ban Giam oc cong ty

van xac nh lnh vc quan trong nhat cua cong ty van la hoat ong au
t kinh doanh moi gii bat ong san. Hoat ong nay cung vi hoat
ong xay lap se chiem ty trong cao trong toan bo c cau doanh thu va
li nhuan cong ty trong thi gian ti. ay cung chnh la lnh vc hoat
ong se tao ra s phat trin bn vng va lau dai cho cong ty.
Ben canh o, tren c s kinh nghiem cua nhng nha au t chuyen

nghiep, Ban ieu Hanh cong ty Cotect Land cung ang nh hng au t
cho cong ty ben mang y te giao duc. ay c xem la mot tam nhn
ung an khi on au xu hng va cho en thi iem nay, du ch mi
i nhng bc c ban nhng cong ty cung a gat hai c nhng thanh
qua au tien trong viec tiep can lnh vc nay.
Ngoai ra, tren c s d an ngh dng sap i vao hoat ong, cong ty
cung ang nghien cu m rong hoat ong va nganh nghe kinh doanh sang
lnh vc thng mai va dch vu, cu the la hoc hoi kinh nghiem quan ly
nganh du lch cua cac oi tac nh Swiss Bel Hotel e dan tiem can
trong tng lai khong xa, cong ty se co n v ng ra quan ly, kinh doanh
dch vu nha hang, resort, khach san
Trong giai oan kho khan hien nay, von lu ong luon la van e nan giai
cua cac doanh nghiep, v the, Ban ieu Hanh cong ty cung ang hng
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en viec phat trien mang san xuat, gia cong o go noi that nham a
dang hoa san pham va giai quyet bai toan dong tien mat cho doanh
nghiep.
-
Vi tam niem con ngi la tai san quy gia nhat, cong ty se tiep tuc
phat trien cac chien lc nguon lc e thu hut va gi chan ngi tai.
Ben canh o, cac chien lc ve tai chnh, marketing, kinh doanh cung
c chu trong trong giai oan mi 2012-2015.
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TKMH: PHAN TCH HKT
1.5
Lp: KX12LT
S o tc chc:
AI HOI ONG CO
ONG
BAN KIEM SOAT
HOI ONG QUAN TR

TH KY HQT
TONG GIAM OC
TH KY GIAM OC
PHO TONG
GIAM OC
KHOI
XUC
TIEN
AU
T
TRUNG
TAM
XUC
TIEN
AU
T
PHO TONG
GIAM OC
PHO TONG
GIAM OC
PHO TONG
GIAM OC
KHOI
TONG
HP
KHOI
KINH
DOANH
KHOI
AU T
TRUNG
TAM
KINH
TE
TONG
HP
TRUNG
TAM
QUAN
LY
KY
THUA
T
TRUNG
TAM
XAY
DNG
QUAN
LY
HA
TANG
VAN
PHON
G
PHON
G
PHAP
CHE
PHON
G TO
CHC
NHAN
S
SAN
GIAO
DCH
SO 1
SAN
GIAO
DCH
SO 2
SAN
GIAO
DCH
SO 3
TRUNG
TAM
DCH
VU
KHAC
H
HANG
PHON
G TAI
CHNH
KE
TOAN
TRUNG
TAM
QUY
HOAC
H
KIEN
TRUC
TRUNG
TAM
THIET
B VA
TRUYE
N
THONG
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TRUNG
TAM
CUNG
NG
VAT T
VA
THIET
B
TKMH: PHAN TCH HKT
Lp: KX12LT
1.6
Nhan lc
1.6.1.
1.6.2.
Dien bien lao ong trong nam 2011

Lao ong au ky : 121 ngi
Lao ong tang trong ky : 60 ngi
Lao ong giam trong ky : 66 ngi
Lao ong cuoi ky : 115 ngi
Trong o L n : 38 ngi
Trnh o chuyen mon :
au ky
STT
1
2
3
4
5
6
Trnh o
Tren ai hoc
ai hoc
Cao ang
Trung cap
Lao ong co tay nghe
Lao ong pho thong
Tong
Cuoi ky
So lao
ong
Ty le
So lao
ong
Ty le
2
78
14
7
9
11
121
1,65 %
64,46%
11,57%
5,79%
7,44%
9,09%
100%
1
72
14
8
8
12
115
0,87%
62,61%
12,17%
6,96%
6,96%
10,43%
100%
Tuoi nghe :
- Di 3 nam : 11 ngi chiem 9.56%
- T 3 5 nam : 17 ngi chiem 14.78%
- T 5 10 nam : 49 ngi chiem 42.61%
- T 10 nam tr len : 38 ngi chiem 33.05%
Tong cong : 115
Tuoi nghe bnh quan cua lc lng lao ong la 8.66 nam, ay la ch so kha
ly tng oi vi mot cong ty. Ch so nay cho thay Cotect Land ang s hu
nguon nhan lc trong o tuoi vang cua i ngi, o tuoi kinh nghiem,
ban lnh va nhiet huyet e thc hien cac muc tieu kinh doanh cua cong ty.
1.7
Tnh hnh tai chnh :
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TKMH: PHAN TCH HKT
Thi im
Lp: KX12LT
Vn iu l tng them
(ng)
Vn iu l
(ng)
Ngun tng
Khi thanh lp
Ln1: 25/06/2007
Ln2: 26/03/2010
10.700.000.000
78.600.000.000
10.700.000.000
Phat hanh c phiu cho c ong

hin hu theo t l 1:1
Tr c tc bng c phiu
nm 2008 va 2009
- Phat hanh c phiu cho c
ong hin hu theo t l 1:3
- Chao ban rieng l cho Cong
ty CP K thut Xay dng va
Vt liu xay dng (Cotec)
Hin ti
1.8
100.000.000.000
100.000.000.000
Danh muc cac d an au t :
a)
D an Blue Sapphire Resort
b)
D an Blue Sapphire Tower
c)
D an Blue Sapphire Bnh Phu
d)
D an Blue Sapphire Mui Ne Phan Thiet
e)
D an Hng Phc 2
f)
D an Khu dan c Phu Gia
g)
D an Benh vien Cotec Trng Lam Ha Noi
h)
D an Benh vien a khoa tai ong Nai
i)
D an Nha may go Cotec Sai Gon Giai oan 1
1.9
21.400.000.000
May moc thiet b va cong nghe thi cong:
La mot nha thau thi cong xay dng cong trnh chuyen nghiep, trai qua gan 10 nam
lam viec, doanh nghiep chung toi luon nghien cu va ng dung cac may moc ,
thiet bhien ai nhat vao thi cong. Viec a may moc, thiet b hien ai vao thi
cong giup nang cao nang suat lam viec co the am nhan khoi lng cong viec
ln, hoan thanh tot tien o cong trnh ln. Di ay la danh muc may moc thiet
b Contecland a trang b
STT
1
Ten may moc, thiet

b
Xe tai cac loai
Xuat x
Nhat
So lng Cong suat hoat

ong
3
5T;10T
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3
4
5
6
7
8
9
10
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May quan trac

May ao Komastu
May ui (D342)
May ui Komastu
Can cau banh lop
May thuy chuan
May kinh v
Kch thuy lc
Gian giao
Nhat
Nhat
Nhat
Nhat
Nhat
Nhat
Nhat
Trung Quoc
Viet Nam
4
1
02
02
01
03
03
04
100
PC 300
75CV
D85
Q=10T
Viet Nam
1.10 Phan tch moi trng kinh doanh cua doanh nghiep :
1.10.1.Moi trng tong quat
Trong nam 2011, tnh hnh kinh te the gii dien bien phc tap, kinh te
trong nc gap nhieu kho khan va thach thc, lai suat ngan hang tang cao,
gia vang va ty gia ngoai te bien ong manh, gia nguyen vat lieu au vao
tang anh hng trc tiep en ket qua san xuat kinh doanh cua doanh
nghiep, i song nhan dan va ket qua thc hien cac muc tieu, nhiem vu
va cac ch tieu chu yeu cua ke hoach phat trien kinh te xa hoi. Mot trong
nhng chnh sach c ap dung hoac ang trong qua trnh d thao gay nong
trong nam 2011 chnh la viec tang gia ien, xang dau, siet nhap khau o to,
oc quyen vang Lan au tien, gia ien tang ti hai lan trong mot nam,
tong tang 20,28%. Lan th nhat, mc tang la 15,28%, cao nhat ke t nam
2006 so vi suot bon nam qua. Sau o, EVN lai tan dung c hoi Chnh phu a
giao quyen t c tang gia ien trong pham vi 5% e tang gia ien lan hai.
ay cung la mot trong nhng ly do khien ngi dan lo ngai gia tieu dung
se b ay len cao vao dp cuoi nam.
Co le cha mat hang nao c ngi dan quan tam nh xang dau va
nam 2011 cung la nam ong ln Petrolimex c a ra mo xe nhieu nhat ve
chuyen lo, lai; chuyen minh bach gia. Vi hai lan tang gia lien tiep vao
thang 2/2011, thang 3/2011, gia xang dau a tr thanh e tai tam iem tren
tat ca cac mat bao. Bc xuc i kem viec xang dau tang gia manh la
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nhng nghi ng cua d luan at ra xung quanh cac khoan lai lo cua cac
doanh nghiep xang dau c kiem chng, cong bo.
Von va lai suat ngan hang cung la thach thc ln. Trong nhieu nam
nay nen kinh te Viet Nam a van hanh vi mc lai suat ngan hang cao nhat
the gii, lai khong bao am cung cap von cho doanh nghiep va nen kinh te
sut kem so vi cac oi thu canh tranh khac. Nhng thi gian qua chung ta van
loay hoay vi cac bien phap van ong thuan, ao c va cac quy nh ve
tran lai suat cho vay, roi tran lai suat huy ong Rot cuoc, van e von va
lai suat cha c giai quyet on thoa nen ay van la thach thc oi vi
kinh te v mo.
Th trng ngoai hoi va vang, trong mot thi gian dai ch chu trong
viec chong au c bang bien phap hanh chnh ch cha quan tam ung mc
en bao am quan he cung cau, thoa man nhu cau ngoai te cua doanh nghie p,
nhu cau s dung vang e cat tr hay nh mot kenh au t bnh thng cua
ngi dan, han che s dung vang vat chat trong ieu kien ong noi te b
mat gia Cuoi cung nha nc van cha quan ly c cac th trng nay
mot cach on nh nh cac nc trong khu vc va tren the gii. Kinh nghiem
cac nc cho thay, ch co the quan ly cac th trng nay bang bien
phap kinh te phu hp, ch khong ch bang bien phap chong au c, han che
nhu cau cua doanh nghiep va ngi dan.
Nhn nhan ve nhng kho khan cua kinh te Viet Nam nam 2011, nguyen
nhan khach quan la do tac ong nang ne, phc tap cua khung hoang tai
chnh, suy thoai kinh te toan cau. Nguyen nhan chu quan la do nhng yeu
kem noi tai cua nen kinh te vi mo hnh tang trng va c cau kinh te, c
cau au t kem hieu qua tch tu t nhieu nam, yeu kem trong lanh ao,
quan ly, nhat la trong quan ly kinh te v mo
Trong boi canh tren, kinh te Viet Nam nam 2012 ng trc nhng c
hoi, thach thc va cu va mi an xen, khong de dang vt qua neu chung
ta khong co t duy oi mi thc s ve chnh sach, chien lc e co cach
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lam khac, vt len khoi t duy cu, cach lam cu, khong dam thoat ra khoi
nhng nguyen ly, c che khong con phu hp vi thc tien.
Kch ban kinh te Viet Nam 2012 vi cai nhn tong quat nh sau : thach
thc ln hn c hoi, kho khan nhieu hn thuan li. Neu chung ta khong kp
thi nam bat c hoi, thay oi t duy, chnh sach, co chnh sach, bien phap kinh
te phu hp thay cho cac bien phap hanh chnh n thuan th se kho vt qua
nhng th thach va at c ket qua mong muon.
C hoi ln nhat, bao trum trong nam 2012 la : on nh kinh te v mo, thay
oi t duy va chnh sach. Co chnh sach kinh te phu hp thay cho bien phap
hanh chnh n thuan. Sang nam 2012 va nhng nam ti, chung ta phai het
sc coi trong on nh kinh te v mo, phai lam nhieu viec, trong o co u tien
kiem che lam phat, tai cau truc nen kinh te, thay oi mo hnh tang tr ng
Trong ieu kien lam phat cao phai siet chat tn dung, thi hanh chnh sach
tai chnh that lng, buoc bung th khong ai co the m tng en toc o
tang trng na.
Hn na, va u tien kiem che lam phat, va at tang trng th rat kho
thc hien ong thi, trong khi muc tieu nao cung eu co nhng kho khan,
thach thc cua no. Nhng yeu to truyen thong giup tang trng nh: xuat
khau, au t nc ngoai, du lch, kieu hoi se khong con phat huy tac
dung nh trc ay.
1.10.2.
Moi trng nganh
Cong ty hoat ong chu yeu la nganh xay dng, ta se phan tch tnh hnh
nganh e thay c s hoat ong cua nganh xay dng trong nam qua gap
nhng thuan li, kho khan nh the nao, cung nh tm ra nhng c hoi va
thach thc cho nam ti.
au t cong cat giam e kiem che lam phat a lam cho nen kinh te
cang kho khan hn, nganh xay dng la nganh phai chu s anh hng trc
tiep trong van e nay, au t giam tc la cau giam lam cho cung nganh xay
Trang 14
TKMH: PHAN TCH HKT
Lp: KX12LT
dng cung giam mot cach tram trong. Khong nhng kho khan ve cau giam
ma con co nhng cong trnh ang thi cong th b ong von, phai ngng thi
cong v khong cung cap u von, nguon von phai ch xet duyet.
Nam 2011, lai suat tang cao, ma ac iem cua nganh chung ta la lng
von rat cao, nhieu d an ieu ng v mc n ngan hang tang cao, con co
nhng d an khong giai ngan tiep c nguon von nen phai tam dng
giam doanh thu, li nhuan cua cac doanh nghiep xay dng, nhng chi ph cho
nhng bao dng may moc th khong giam. Trong nam nay, tnh hnh gia
nguyen vat lieu tang cong them gia nhan cong tang o cung la nguyen
nhan gop phan cho nganh xay dng i xuong.
1.10.3.
Moi trng noi bo

Cong ty Co phan au t va phat trien nha at Cotec c thanh lap
vi nhng nhan s chu chot t nhng can bo co nhieu kinh nghiem cua
Cong ty Co phan T van Xay dng Tong hp ( NAGECCO ) trong cac lnh vc:
-
Quy hoach
Thiet ke he thong ha tang
Thiet ke cong trnh dan dung va cong nghiep
Giam sat thi cong cac cong trnh ha tang, dan dung va cong nghiep.
Quan ly d an.
Vi be day kinh nghiem san co, kinh nghiem hp tac lam viec gia
cac bo mon, uy tn trong hoat ong t van va s thong hieu phap luat,
tieu chuan, quy pham hien hanh t khi cong tac NAGECCO ket hp
vi s nang ong cua mot so to chc tre, Cong ty Co phan au t va
phat trien nha at Cotec a va ang thc hien tot nhng d an ln cua
Chu au t trong va ngoai nc.
Trang 15
TKMH: PHAN TCH HKT
CHNG II :
NGHIEP
Lp: KX12LT
PHAN TCH TNH HNH TAI CHNH CUA DOANH
2.1 Phan tch c cau va s bien ong tai san

T bang can oi ke toan, thiet lap bang phan tch so lieu :
Cuoi nam 2012
au nam 2012
Chenh lech
So tien
Ty
trong
(%)
So tien
Ty
trong
(%)
So tien
Ty le
(%)
Ty
trong
(%)
621,173,469,306
59.11
523,921,892,347
67.37
97,251,576,959
18.56
-8.26
I. Tien va cac
khoan tng ng
tien
2,673,898,596
0.25
689,675,426
0.09
1,984,223,170
287.70
0.17
1. Tien
2,673,898,596
0.25
689,675,426
0.09
1,984,223,170
287.70
0.17
81,060,000,000
7.71
82,790,897,011
10.65
(1,730,897,011)
-2.09
-2.93
81,060,000,000
7.71
82,790,897,011
10.65
(1,730,897,011)
-2.09
-2.93
0.00
0.00
0.00
0.00
III. Cac khoan

phai thu ngan han
279,354,191,271
26.58
258,151,229,918
33.19
21,202,961,353
8.21
-6.61
1. Phai thu khach

hang
151,676,894,568
14.43
83,922,060,794
10.79
67,754,833,774
80.74
3.64
2. Tra trc cho

ngi ban
70,439,840,703
6.70
88,531,794,751
11.38
(18,091,954,048)
-20.44
-4.68
3. Phai thu noi bo

ngan han
2,252,504,500
0.21
0.00
2,252,504,500
0.00
0.21
4. Cac khoan
phai thu khac
55,662,395,127
5.30
85,697,374,373
11.02
(30,034,979,246)
-35.05
-5.72
5. D phong phai
thu ngan han kho
oi
(677,443,627)
-0.06
0.00
(677,443,627)
0.00
-0.06
IV. Hang ton kho
237,248,364,206
22.58
170,030,161,971
21.86
67,218,202,235
39.53
0.71
1. Hang ton kho
237,248,364,206
22.58
170,030,161,971
21.86
67,218,202,235
39.53
0.71
V. Tai san ngan

han khac
20,837,015,233
1.98
12,259,928,021
1.58
8,577,087,212
69.96
0.41
30,585,054
0.00
1,503,364,573
0.19
(1,472,779,519)
-97.97
-0.19
10,541,190,862
1.00
1,611,528,502
0.21
8,929,662,360
554.11
0.80
43,496,871
0.00
0.00
43,496,871
0.00
0.00
CH TIEU
A-TAI SAN
NGAN HAN
II. Cac khoan au

t tai chnh ngan
han
1. au t ngan
han
2. D phong giam
gia au t ngan
han
1. Chi ph tra trc

ngan han
2. Thue GTGT
c khau tr
3. Thue va cac
khoan khac phai
Trang 16
TKMH: PHAN TCH HKT

thu Nha nc
4. Tai san ngan
han khac
Lp: KX12LT
10,221,742,446
0.97
9,145,034,946
1.18
1,076,707,500
11.77
-0.20
429,664,863,634
40.89
253,774,528,084
32.63
175,890,335,550
69.31
8.26
714,290,493
0.07
0.00
714,290,493
0.00
0.07
1. Phai thu dai

han cua khach
hang
0.00
0.00
0.00
0.00
2. Von kinh doanh

n v trc thuoc
0.00
0.00
0.00
0.00
3. Phai thu dai

han noi bo
0.00
0.00
0.00
0.00
4. Phai thu dai

han khac
714,290,493
0.07
0.00
714,290,493
0.00
0.07
0.00
0.00
0.00
0.00
330,492,664,543
31.45
98,156,596,705
12.62
232,336,067,838
236.70
18.83
94,048,119,973
8.95
98,156,596,705
12.62
(4,108,476,732)
-4.19
-3.67
-Nguyen gia
102,322,696,785
9.74
104,899,345,245
13.49
(2,576,648,460)
-2.46
-3.75
- Gia tr hao
mon luy ke
(8,274,576,812)
-0.79
(6,742,748,540)
-0.87
(1,531,828,272)
22.72
0.08
2. Tai san co
nh thue tai chnh
0.00
0.00
0.00
0.00
-Nguyen gia
0.00
0.00
0.00
0.00
- Gia tr hao
mon luy ke
0.00
0.00
0.00
0.00
141,417,928,671
13.46
0.00
141,417,928,671
0.00
13.46
-Nguyen gia
144,636,008,848
13.76
332,000,000
0.04
144,304,008,848
43465.06
13.72
- Gia tr hao
mon luy ke
(3,218,080,177)
-0.31
(332,000,000)
-0.04
(2,886,080,177)
0.00
-0.26
4. Chi ph xay dng

c ban d dang
95,026,615,899
9.04
0.00
95,026,615,899
0.00
9.04
III. Bat ong san

au t
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
87,813,564,470
8.36
137,724,003,758
17.71
(49,910,439,288)
-36.24
-9.35
B-TAI SAN
DAI HAN
I. Cac khoan phai
thu dai han
5. D phong phai
thu dai han kho
oi
II. Tai san co
nh
1. Tai san co
nh hu hnh
3. Tai san co
nh vo hnh
- Nguyen gia
- Gia tr hao
mon luy ke
IV. Cac khoan
a t tai chnh dai
han
Trang 17
TKMH: PHAN TCH HKT

1. au t vao
cong ty con
2. au t vao
cong ty lien ket,
lien doanh
3. au t dai han
khac
4. D phong giam
gia au t tai
chnh dai han
V. Tai san dai
han khac
1. Chi ph tra trc
dai han
2. Tai san thue
thu nhap hoan lai
TONG CONG
Lp: KX12LT
0.00
0.00
0.00
0.00
86,459,414,470
8.23
136,369,853,758
17.54
(49,910,439,288)
-36.60
-9.31
1,354,150,000
0.13
1,354,150,000
0.17
0.00
-0.05
0.00
0.00
0.00
0.00
10,644,344,128
1.01
17,893,927,621
2.30
(7,249,583,493)
-40.51
-1.29
8,457,304,431
0.80
16,696,226,515
2.15
(8,238,922,084)
-49.35
-1.34
2,187,039,697
0.21
1,197,701,106
0.15
989,338,591
82.60
0.05
1,050,838,332,939
100%
777,696,420,431
100%
273,141,912,508
35.12
2.1.1 Nhan xet chung :

Bieu o s bien ong quy mo va ket cau tai san
Ti sn ngn hn
Ti sn di hn
621,173,469,306
523,921,892,347
429,664,863,633
253,774,528,084
Cui nm 2012
u nm 2012
Trang 18
TKMH: PHAN TCH HKT
Lp: KX12LT
Cui nm
u nm
TS di ngn hn
TS di ngn hn
TS di di hn
TS di di hn
NHAN XET:
Tong tai san cuoi nam ln hn au nam la 273,141,912,508 ong, tng ng
vi 35.12%. Nguyen nhan cua viec tang quy mo nay la do s tang manh cua
Tai san dai han, Tai san ngan han cung tang nhng toc o tang khong
nhieu. ieu nay phan anh tai san cua doanh nghiep m rong nhieu, do co
ieu kien phat trien quy mo hoat ong kinh doanh.
2.1.2 Phan tch chi tiet tai san ngan han :
2.1.2.1
Tien va cac khoan tng ng tien
Cuoi nam 2012

TT
au nam 2012
Chenh lech
Tien va cac
khoan tng
ng tien
So tien
Ty
trong
(%)
So tien
Ty
trong
(%)
So tien
Ty
le
(%)
Ty
trong
(%)
Tien
2,673,898,596
0.25
689,675,426
67.37
1,984,223,170
287.7
0.17
Nhan xet : Tien mat tai quy cua cong ty cuoi nam tang 1,984,223,170 ong
tng ng vi 287.70%, ieu nay se lam tang kha nang thanh toan nhanh cac
khoan chi ph bang tien mat cua Cong ty trong nhng trng hp can chi tien
gap tuy nhien lng tien quy ton ong tai cong ty cang nhieu la bieu hien
tien cua doanh nghiep b nhan roi cang nhieu. Doanh nghiep nen au t vao
co phieu, hoac au t vao tai san co nh cua cong ty, va giam tien nhan
roi, va tang doanh thu(au t co phieu) hoac tang quy mo hoat ong cua
cong ty( au t tai san co nh).
Cac khoan au t tai chnh ngan han
Trang 19
TKMH: PHAN TCH HKT
Lp: KX12LT

u nm 2012
Cui nm 2012
Chenh lech
TT
Cac khoan
au t tai
chnh ngan han
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
u t ngn hn
81,060,000,000
7.71
82,790,897,011
10.65
(1,730,897,011)
-2.09
-2.93
Nhan xet :Cac khoan au t tai chnh ngan han cuoi nam nhn chung giam hn
so vi au nam. Nhng khong nhieu. V tnh hnh nen kinh te kho khan, nen
doanh nghiep khong chu trong au t trong lnh vc nay. Nen co the chap
nhan c.
2.1.2.2
TT
1
2
3
4
5
Cac khoan phai thu ngan han
Cac khoan
phai thu ngan
han
Phai thu khach
hang
Tra trc cho
ngi ban
Phai thu noi bo
ngan han
Cac khoan phai
thu khac
D phong phai
thu ngan han
kho oi
Cui nm 2012
u nm 2012
Chenh lech
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
151,676,894,568
14.43
83,922,060,794
10.79
67,754,833,774
80.74
3.64
70,439,840,703
6.70
88,531,794,751
11.38
(18,091,954,048)
-20.44
-4.68
2,252,504,500
0.21
0.00
2,252,504,500
0.00
0.21
55,662,395,127
5.30
85,697,374,373
11.02
(30,034,979,246)
-35.05
-5.72
(677,443,627)
-0.06
0.00
(677,443,627)
0.00
-0.06
Nhan xet :Ty trong cac khoan phai thu la gia tr tai san cua Cong ty b
cac n v khac chiem dung. T so lieu tren cho ta thay rang cac khoan phai
thu cua cong ty cuoi nam tang hn so vi au nam, ieu nay co ngha doanh
nghiep ang b chiem dung von va tnh hnh cong n cua Cong ty c anh
gia la khong hieu qua. Cu the : Ty trong cac khoan phai thu khach hang
cuoi nam tang t 10.79% len 14.43% va xuat hien cac khoan phai thu noi bo
ngan han lam cho khoan phai thu cua cong ty tang. e giam ty tong cac
khoan nay th cong ty can gia tang cac bien phap thu hoi cong n t khach
hang e tai san cua cong ty co the luan chuyen hieu qua hn.
2.1.2.3
TT
Hang ton kho :
Hang ton kho
Cui nm 2012
u nm 2012
Chenh lech
Trang 20
TKMH: PHAN TCH HKT
Hang ton kho
Lp: KX12LT
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
237,248,364,206
22.58
170,030,161,971
21.86
67,218,202,235
39.53
0.71
Nhan xet : Hang ton kho cuoi nam tang 67,218,202,235 ong tng ng 39.53%.
Doanh nghiep mua them nguyen vat lieu nhap kho va do nguyen vat lieu s
dung con d e lai. Ve mat ty trong hang ton kho cuoi nam so vi au nam
tang t 21.86% len 22.58%. Nhn chung ty trong nay tang khong nhieu, tuy
nhien ty trong hang ton kho chiem kha cao trong ket cau tai san ngan han.
ieu nay khong tot, anh hng en tnh hnh tai chnh cong ty. Cho nen cong
ty can co ke hoach nhanh chong e tieu thu hang ton kho nham tang toc o
luan chuyen tai san va tang kha nang sinh li cua cong ty. Cu the, Cong ty
can a nhanh chong thi cong dt iem nhng cong trnh con d dang, ban giao
cho chu au t.
2.1.2.4
Tai san ngan han khac :

Cui nm 2012
TT
1
2
3
Tai san ngan

han khac
u nm 2012
Chenh lech
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
30,585,054
0.00
1,503,364,573
0.19
(1,472,779,519)
-97.97
-0.19
Thue GTGT
c khau tr
10,541,190,862
1.00
1,611,528,502
0.21
8,929,662,360
554.11
0.80
Thue va cac
khoan phai thu
Nha nc
43,496,871
0.00
0.00
43,496,871
0.00
0.00
Tai san ngan

han khac
10,221,742,446
0.97
9,145,034,946
1.18
1,076,707,500
11.77
-0.20
Chi ph tra trc

ngan han
Nhan xet : Ty trong cua tai san ngan han khac co tang trong nam nhng
khong ang ke t 1.58% len 1.96% chu yeu la do ty tong cua khoan muc
Thue GTGT c khau tr tang va tai san ngan han khac tang. Tnh hnh nhn
chung la on nh.
2.1.3 Phan tch chi tiet tai san dai han

Trang 21
TKMH: PHAN TCH HKT
2.1.3.1.
Lp: KX12LT
Cac khoan phai thu dai han :
u nm 2012
Cui nm 2012
TT
3
4
5
Cac khoan
phai thu dai
han
Chenh lech
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3. Phai thu dai

han noi bo
0.00
0.00
0.00
0.00
4. Phai thu dai

han khac
714,290,493
0.07
0.00
714,290,493
0.00
0.07
5. D phong
phai thu dai han
kho oi
0.00
0.00
0.00
0.00
1. Phai thu dai

han cua khach
hang
2.
Von
kinh
doanh n v trc
thuoc
Nhan xet: Cac khoan phai thu dai han cuoi nam tang 714,290,493 ong so
vi au nam. Nhng ve ty trong th thap hn 0.07% so vi au nam.
Nguyen nhan la do cac khoan phai thu dai han khac tang nh cac khoan
phai thu t nhng khoan hp ong dai han hoac nhng khoan ky quy, ky
cc cua cong ty. Tnh hnh nhn chung la on nh.
2.1.3.2.
Tai san co nh :
u nm 2012
Cui nm 2012
TT
Tai san co
nh
Chenh lech
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
94,048,119,973
8.95
98,156,596,705
12.62
(4,108,476,732)
-4.19
-3.67
- Nguyen gia
102,322,696,785
9.74
104,899,345,245
13.49
(2,576,648,460)
-2.46
-3.75
- Gia tr hao
mon luy ke
(8,274,576,812)
-0.79
(6,742,748,540)
-0.87
(1,531,828,272)
22.72
0.08
0.00
0.00
0.00
0.00
- Nguyen gia
0.00
0.00
0.00
0.00
- Gia tr hao
mon luy ke
0.00
0.00
0.00
0.00
Tai san co
nh hu hnh
Tai san co
nh thue tai
chnh
Trang 22
TKMH: PHAN TCH HKT

3
Lp: KX12LT
Tai san co
nh vo hnh
141,417,928,671
13.46
0.00
141,417,928,671
0.00
13.46
1.4.1gia
- Nguyen
144,636,008,848
13.76
332,000,000
0.04
144,304,008,848
43465.
06
13.72
(3,218,080,177)
-0.31
(332,000,000)
-0.04
(2,886,080,177)
0.00
-0.26
95,026,615,899
9.04
0.00
95,026,615,899
0.00
9.04
- Gia tr hao
mon luy ke
Tai san xay
dng c ban
d dang
Nhan xet: Tnh hnh tai san co nh cua cong ty co nhng chuyen bien
ang ke. Theo so lieu a tap hp ta thay tai san co nh tang
232,336,067,838, tng ng vi 236.7% va chiem ty trong cao nhat trong ket
cau tai san dai han. Phan tang cua tai san co nh chu yeu t nguon
tang tai san co nh vo hnh( tang 144,304,008,848 ong) va tai san xay
dng c ban d dang (tang 95,026,615,899 ong). Tai san co inh vo hnh
tang cho thay cong ty ang chu trong nang cao nang lc, au t vao cong
nghe, nang cao nang lc san xuat. ieu nay kha tot. Con ve tang tai san
xay dng c ban d dang, chng t mot so cong trnh cham tien o. Cong
ty can khac phuc van e nay bang cach tap trung thi cong dt iem.
Tranh tnh trang thi cong dan trai nhieu qua.
2.1.3.3.
Cac khoan au t tai chnh dai han:
TT
1
2
3
4
Cac khoan au
t tai chnh dai
han
Cui nm 2012
u nm 2012
Chenh lech
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
0.00
0.00
0.00
0.00
86,459,414,470
8.23
136,369,853,758
17.54
(49,910,439,288)
-36.60
-9.31
au t dai han
khac
1,354,150,000
0.13
1,354,150,000
0.17
0.00
-0.05
D phong giam
gia au t tai
chnh dai han
0.00
0.00
0.00
0.00
au t vao cong
ty con
au t vao cong
ty lien ket, lien
doanh
Nhan xet : Cuoi nam 2012 , cac khoan au t tai chnh dai han co xu
hng giam. Cu the, cac khoan au t vao cong ty lien ket, lien doanh
giam 49.910.439.288 ong tng ng vi 17.54%.ieu nay kha hp ly so
vi tnh hnh tinh ke kho khan, cong ty giam bt cac khoan au t dai han
nay e tranh rui ro ong thi s dung von vao hoat ong khac se hieu
qua hn.
Trang 23
TKMH: PHAN TCH HKT
2.1.3.4.
Lp: KX12LT
Tai san dai han khac:

u nm 2012
Cui nm 2012
TT
Tai san dai

han khac
Chi ph tra trc
dai han
Tai san thue
thu nhap hoan
lai
Chenh lech
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
8,457,304,431
0.80
16,696,226,515
2.15
(8,238,922,084)
-49.35
-1.34
2,187,039,697
0.21
1,197,701,106
0.15
989,338,591
82.60
0.05
Nhan xet : Ket cau tai san dai han khac cung giam . Nguyen nhan do
Cong ty giam tien thue c s ha tang phuc vu cho kinh doanh bat ong san.
ay la hoat ong gp nhiu kh khn trong nhng nam gan ay.
2.2
Phan tch c cau va s bien ong nguon von

T bang can oi ke toan, thiet lap bang phan tch so lieu:
u nm 2012
Cui nm 2012
CH TIEU
Chenh lech
S tin
T
trng
(%)
S tin
T
trng
(%)
S tin
T l
(%)
T
trng
(%)
A. N PHI TR
786,098,120,022
74.81
658,451,764,029
84.67
127,646,355,993
19.39
(9.86)
I. N ngn hn
320,527,648,717
30.50
313,981,449,445
40.37
6,546,199,272
2.08
(9.87)
110,596,641,894
10.52
204,807,903,802
26.34
(94,211,261,908)
-46.00
(15.8
1)
98,021,503,533
9.33
17,990,544,294
2.31
80,030,959,239
444.85
7.01
12,862,258,895
1.22
11,453,221,103
1.47
1,409,037,792
12.30
(0.25)
28,788,050,584
2.74
19,730,274,242
2.54
9,057,776,342
45.91
0.20
1,434,219,988
0.14
835,714,000
0.11
598,505,988
71.62
0.03
6. Chi ph phi tr
37,655,437,248
3.58
46,701,586,150
6.01
(9,046,148,902)
-19.37
(2.42)
7. Phi tr ni b
0.00
8. Phi tr theo tin

k hach hp
ng xay dng
0.00
1. Vay va n ngan
han
2. Phi tr ngi
ban
3. Ngi mua tr tin
trc
4. Thue va cac
khoan phai nop
nha nc
5. Phi tr ngi lao
ng
Trang 24
TKMH: PHAN TCH HKT
Lp: KX12LT
9. Cac khon phi

tr, phi np ngn
hn khac
27,321,130,799
2.60
10,330,708,656
1.33
16,990,422,143
164.47
1.27
10. D phong phi

tr ngn hn
0.00
11. Qy khen thng

phuc li
3,848,405,776
0.37
2,131,497,198
0.27
1,716,908,578
80.55
0.09
465,570,471,305
44.30
344,470,314,584
44.29
121,100,156,721
35.16
0.01
0.00
0.00
4,104,085,200
0.39
0.00
4,104,085,200
0.39
318,894,249,660
30.35
258,190,000,000
33.20
60,704,249,660
23.51
(2.85)
0.00
6. D phong tr
cp mt vic lam
59,761,090
0.01
(59,761,090)
-100.00
(0.01)
7. D phong phi
tr
dai hn
0.00
II. N dai han

1. Phi tr dai hn
ngi ban
2. Phi tr dai hn
ni b
3. Phi tr dai hn
khac
4. Vay n dai han
5. Thu thu nhp
hoan li phi tr
8. Doanh thu cha

thc hin
142,572,136,445
13.57
86,220,553,494
11.09
56,351,582,951
65.36
2.48
0.00
B. VN CH S
HU
213,329,631,701
20.30
119,101,171,306
15.31
94,228,460,395
79.12
4.99
I. Vn ch s hu
213,329,631,701
20.30
119,101,171,306
15.31
94,228,460,395
79.12
4.99
1. Vn u t ca
ch s hu
200,000,000,000
19.03
100,000,000,000
12.86
100,000,000,000
100.00
6.17
2. Thng d vn c
phn
(1,282,720,582)
(0.12)
0.00
(1,282,720,582)
(0.12)
0.00
0.00
0.00
6 Chenh lech ty
gia hoi oai
0.00
7. Quu t phat
trien
7,922,124,308
0.75
3,738,570,729
0.48
4,183,553,579
111.90
0.27
9. Qy phat trin
khoa hc cong ngh
3. Vn khac ca
ch s hu
4. C phiu qu
5. Chenh lch
anh gia lai tai
san
Trang 25
TKMH: PHAN TCH HKT

8. Qu d phong
tai chnh
Lp: KX12LT
6,418,183,391
0.61
3,280,518,206
0.42
3,137,665,185
95.65
0.19
0.00
10. Li nhun sau

thu cha phan
phoi
272,044,584
0.03
12,082,082,371
1.55
(11,810,037,787)
-97.75
(1.53)
11. Ngun vn u
t XDCB
0.00
12. Qy h tr sp
xp doanh nghip
0.00
II. Nguon kinh ph

va quy khac
0.00
1. Qu khen thng
va phuc li
0.00
0.00
9. Qu khac thuc
vn chu s hu
2. Ngun kinh ph
3. Ngun kinh ph
a hnh thanh
TSC
C. LI CH CA
CONG
THIU S
I. Li ch ca
cong thiu s
TNG CNG
0.00
51,410,581,215
4.89
143,485,096
0.02
51,267,096,119
35729.91
4.87
51,410,581,215
4.89
143,485,096
0.02
51,267,096,119
35729.91
4.87
1,050,838,332,939
100.00
777,696,420,431
100.00
2.2.1 Nhan xet chung
BIEU O S BIEN ONG QUY MO VA KET CAU NGUON VON
Trang 26
TKMH: PHAN TCH HKT
Lp: KX12LT
N phi tr
Vn CSH
Li ch C thiu s
786,098,120,023
658,451,764,029
213,329,631,701
119,101,171,306
51,410,581,215
143,485,096
Cui nm
u nm
Cui nm 2012
u nm 2012
N phi tr
N phi tr
Vn CSH
Vn CSH
Li ch C thiu
s
Li ch C thiu
s
NHAN XET: C cau nguon von nghieng ve n phai tra. ieu nay cho thay
tnh hnh tai chnh cua Cong ty bat on.
2.2.2 Phan tch chi tiet n phai tra
2.2.2.1
N ngan han
1.4.1
T
T
1
2
Cui nm 2012
Chenh lech
S tin
Ty
trong
(%)
S tin
Ty
trong(
%)
S tin
T l
(%)
Ty
trong
(%)
110,596,641,894
10.52
204,807,903,802
26.34
(94,211,261,908)
-46.00
(15.81)
98,021,503,533
9.33
17,990,544,294
2.31
80,030,959,239
444.85
7.01
N ngan han
Vay va n ngan
han
Phai tra ngi
ban
u nm 2012
Trang 27
TKMH: PHAN TCH HKT
3
4
5
Ngi mua tra

tien trc
Thue va cac
khoan phai nop
Nha nc
Phai tra ngi lao
ong
Lp: KX12LT
12,862,258,895
1.22
11,453,221,103
1.47
1,409,037,792
12.30
0.25
28,788,050,584
2.74
19,730,274,242
2.54
9,057,776,342
45.91
0.20
1,434,219,988
0.14
835,714,000
0.11
598,505,988
71.62
0.03
Chi ph phai tra
37,655,437,248
3.58
46,701,586,150
6.01
(9,046,148,902)
-19.37
(2.42)
Phai tra noi bo
0.00
0.00
27,321,130,799
2.60
10,330,708,656
1.33
16,990,422,143
164.47
1.27
0.00
3,848,405,776
0.37
2,131,497,198
0.27
1,716,908,578
80.55
0.09
Phai tra theo tien

o ke hoach hp
ong xay
Cac khoan phai
tra, phai nop
ngan han khac
10
D phong phai
tra ngan han
11
.
Quy khen thng

phuc li
Nhan xet : N ngan han cuoi nam tang 320,527,648,717 ong so vi au

nam tng ng tang 2.08%, trong o:
Vay va n ngan han la bo phan chiem ty trong cao nhat va bien ong
nhat trong n ngan han. Cuoi nam 2012, vay va n ngan han giam ang ke
.So tien giam 94.211.261.908 ong tng ng vi 46%. ieu nay c anh
gia la kha tot. Tuy nhien, xet ve tong the th mc giam cua vay va n
ngan han nay khong lam cho tnh hnh tai chnh cua cong ty on nh hn v
cac khoan muc khac tang len. Tieu bieu la khoan muc phai tra cho ngi
ban, tang 80,030,959,239 ong, nguyen nhan la do tnh hnh kinh te kho
khan, doanh nghiep kho huy ong von hn, nen cham tre trong viec thanh
toan, ay la tnh trang chung. Nguyen nhan khach quan. Doanh nghiep can
nhanh chong hoan thanh nhng cong trnh, e ban giao cho chu au t, e
co tien tra cho ngi ban.
2.2.2.2
N dai han
1.4.1
T
T
1
2
N dai han
Phai tra dai han
ngi ban
Phai tra dai han
noi bo
Cui nm 2012
Ty
S tin
trong
(%)
u nm 2012
Chenh lech
S tin
Ty
trong
(%)
S tin
T l
(%)
Ty
trong
(%)
0.00
0.00
Trang 28
TKMH: PHAN TCH HKT

Phai tra dai han
khac
Vay va n dai
han
Thue thu nhap
hoan lai phai tra
D phong tr cap
mat viec lam
D phong phai
tra dai han
Doanh thu cha thc
hien
Quy phat trien
khoa hoc cong
nghe
3
4
5
6
7
8.
9.
Lp: KX12LT
4,104,085,200
0.39
0.00
4,104,085,200
0.39
318,894,249,660
30.35
258,190,000,000
33.20
60,704,249,660
23.51
(2.85)
0.00
59,761,090
0.01
(59,761,090)
100.00
(0.01)
0.00
142,572,136,445
13.57
86,220,553,494
11.09
0.00
56,351,582,951
65.36
2.48
Nhan xet : N dai han cua cong ty cuoi nam 2012 tang 121,100,156,721
ong so vi au nam 2012 tng ng tang 35.16% la do:
Phai tra dai han khac tang 4,104,085,200 ong
Vay va n dai han tang 60,704,249,660 ong tng ng 23.51%, do doanh
nghiep au t them tai san co nh (mua day chuyen cong nghe mi), e
nang cao nang lc san xuat. Nang cao kha nang canh tranh.
D phong tr cap mat viec lam giam 59,761,090 ong.
Doanh thu cha thc hien c tang 56,351,582,951 ong, do mot so hang muc
cong trnh cha hoan thanh, doanh nghiep can ay nhanh tien o e co the
nghiem thu.
2.2.3 Phan tch chi tiet von chu s hu
TT
Vn ch s hu
S tin
1.
Von au t cua
chu s hu
2.
Thng d vn c phn
3.
Vn khac ca ch s
hu
4.
5.
6.
7.
8.
9.
10
Cui nm 2012
TT(%)
u nm 2012
TT (%)
200,000,000,000
19.03
(1,282,720,582)
(0.12)
0.00
0.00
C phiu qu
Chenh lech anh gia
lai tai san
Chenh leach ty gia
hoi oai
Quy au t phat
trien
Quy d phong tai
chnh
Qu khac thuc vn
s hu
Li nhun sau thu
cha phn phi
S tin
100,000,000,000
12.86
S tin
Chenh lech
T l
(%)
100,000,000,000
TT (%)
100.00
6.17
(0.12)
0.00
0.00
0.00
(1,282,720,582)
7,922,124,308
0.75
3,738,570,729
0.48
4,183,553,579
111.90
0.27
6,418,183,391
0.61
3,280,518,206
0.42
3,137,665,185
95.65
0.19
272,044,584
0.03
12,082,082,371
0.00
1.55
(11,810,037,787)
-97.75
Trang 29
(1.53)
TKMH: PHAN TCH HKT
11.
Lp: KX12LT
Ngun vn u t
XDCB
0.00
Nhan xet
Von chu s hu cuoi nam tang 94,228,460,395 ong tng ng tang 79.12%
la do:
Von au t cua chu s hu tang 100,000,000,000 ty ong tng ng tang
100%, do tnh hnh kinh te kho khan, nen cac ngan hang that chat viec cho
vay, nen doanh nghiep phai huy ong von chu s hu bang co phieu.
Thang d von co phan giam 1,282,720,582 ong. V li nhuan cong ty giam
nen, dan en thang d von co phan giam theo. ieu nay that s khong
tot.
Quy au t phat trien tang 4,183,553,579 ong tng ng tang 111.9%
Quy d phong tai chnh tang 3,137,665,185 ong tng ng tang 95.65%
Li nhuan sau thue cha phan phoi giam 11,810,037,787 ong tng ng giam
97.75%. ieu nay cung khong tot.
2.3
Phan tch bao cao ket qua kinh doanh cua doanh nghiep
BANG PHAN TCH:
Nm 2012
Chenh lech
S tin
Ty
trong
(%)
S tin
Ty
trong
(%)
S tin
T l
(%)
141,801,243,571
100
204,139,152,520
100
-62,337,908,949
-30.54
CH TIEU
1. Doanh thu ban hang

va cung cap dch vu
Nm 2011
Ty
trong
(%)
2. Cac khoan giam

tr doanh thu
3. Doanh thu thuan
141,801,243,571
100
204,139,152,520
100
-62,337,908,949
-30.54
4. Gia von hang ban
99,135,440,489
70
141,946,291,958
70
-42,810,851,469
-30.16
5. Li nhuan gop ve
ban hang va cung cap
dch vu
42,665,803,082
30
62,192,860,562
30
-19,527,057,480
-31.40
(0)
6. Doanh thu hoat ong

tai chnh
42,874,433,550
30
26,323,726,760
13
16,550,706,790
62.87
17
7. Chi ph tai chnh
54,621,971,121
39
32,841,188,274
16
21,780,782,847
66.32
22
Trong o : Chi ph i vay
52,348,920,932
37
31,746,683,226
16
20,602,237,706
64.90
21
8. Chi ph ban hang
7,863,217,418
10,094,173,080
(2,230,955,662)
-22.10
9. Chi ph quan ly
doanh nghiep
15,538,622,038
11
18,470,523,506
-2,931,901,468
-15.87
Trang 30
TKMH: PHAN TCH HKT
Lp: KX12LT
10. Li nhuan thuan

t hoat ong kinh
doanh
7,516,426,055
27,110,702,462
13
-19,594,276,407
11. Thu nhap khac
19,045,091,218
13
524,904,380
18,520,186,838
12. Chi ph khac
3,732,588,700
329,263,519
3,403,325,181
13. Li nhuan khac
15,312,502,518
11
195,640,861
15,116,861,657
14. Phan li nhuan

hoac lo trong cong ty
lien ket kinh doanh
(9,554,127,196)
(7)
(10,078,043,401)
(5)
523,916,205
-5.20
(2)
15. Tong li nhuan ke

toan trc thue
13,274,801,377
17,228,299,922
-3,953,498,545
-22.95
16. Chi ph thue TNDN

hien hanh
3,316,596,742
6,340,946,180
-3,024,349,438
-47.70
(1)
17. Chi ph thue TNDN

hoan lai
(989,338,591)
(1)
(390,115,689)
(0)
(599,222,902.00)
153.60
(1)
18. Li nhuan sau the
10,947,543,226
11,277,469,431
-329,926,205
-2.93
7,618,035
(63,660,052)
(0)
71,278,087
-111.97
10,939,925,190
11,341,129,483
-401,204,293
-3.54
717
1,128
-411
-36.44
(0)
Trong o Li nhuan
co phieu co ong
thieu so
Li nhuan cong ty me
Lai c ban tren co
phieu
-72.28
3,528.3
0
1,033.6
2
7,726.8
4
2.3.1. Bieu o s bien ong quy mo li nhuan

LN HKD
LN HTC
LN KHC
27,110,702,462
15,312,502,518
7,516,426,055
195,640,861
Nm 2012
Nm 2011
(6,517,461,514)
(11,747,537,571)
Trang 31
(8)
13
2
11
TKMH: PHAN TCH HKT
Lp: KX12LT
NHAN XET : Qua so lieu tap hp tren bang bao cao ket qua kinh doanh,
ta thay rang nhn chung la doanh nghiep ang hoat ong co li trong nam
2012 , nguon thu nhap chu yeu t hoat ong kinh doanh thng xuyen. Tuy
nhien, so sanh vi nam 2011 th hoat ong nam 2012 khong hieu qua. Li
nhuan sau thue nam 2012 at 10,947,543,226 ong trong khi o li nhuan sau
the cua nam 2011 at 11,277,469,431 ong . Nh vay, so sanh li nhuan trong
hai giai oan nay, nam 2012 li nhuan b giam 329,926,205 ong tng ng
vi 2.93%. Nhn chung la khong tot.
2.3.2. Phan tch chi tiet thu nhap
BANG PHAN TCH
Nm 2012
Nm 2011
Chenh lech
S tin
Ty
trong(
%)
S tin
Ty
trong
(%)
Tuyet oi
Tng
oi (%)
Ty
trong
(%)
Doanh thu ban hang

va cung cap dch vu
141,801,243,571
69.68
204,139,152,520
88.37
(62,337,908,949)
-30.54%
(18.69)
Doanh thu HTC
42,665,803,082
20.96
26,323,726,760
11.40
16,342,076,322
62.08%
9.57
Thu nhap khac
19,045,091,218
9.36
542,904,380
0.24
18,502,186,838
3408.00
%
9.12
Tong cong
203,512,137,871
100.00
231,005,783,660
100.00
-27,493,645,789
-11.90
CH TIEU
BIEU O S BIEN ONG QUY MO VA KET CAU THU NHAP:

BIEN ONG THU NHAP
Doanh thu BH v CCDV
Doanh thu HTC
Thu nhp khc
204,139,152,520
141,801,243,571
42,665,803,082
19,045,091,218
26,323,726,760
542,904,380
Nm 2012
Nm 2011
Trang 32
TKMH: PHAN TCH HKT
Lp: KX12LT
Nm 2012
Nm 2011
Doanh thu BH v
CCDV
Doanh thu BH v
CCDV
Doanh thu HTC
Doanh thu HTC
Thu nhp khc
Thu nhp khc
NHAN XET CHUNG:

Qua so lieu tren bang bao cao phan tch thu nhap vao bieu o ve ket cau
thu nhap ta thay doanh thu ban hang va cung cap dch vu la thu nhap chnh cua
cong ty, va chiem ty trong cao, nam 2012 la 68.69%, nam 2011 la 88.37%
2.3.2.1. Doanh thu t ban hang va cung cap dch vu:
Chenh lech
CH TIEU
Doanh thu ban hang
Doanh thu cung cap dch vu
Doanh thu hp ong xay
dng
Tong cong
Nam 2012
Nam 2011
Tuyet oi
Tng oi (%)
-30.54%
141,801,243,571
204,139,152,520
(62,337,908,949)
141,801,243,571
204,139,152,520
-62,337,908,949
-30.54
Nhan xet :Trong nam 2012, doanh thu nay giam 62,337,908,949 tng ng vi
30.54%. ieu nay cho thay hang hoa cua cong ty nam 2012 tieu thu cham hn
so vi nam 2011, ong ngha hoat ong cua cong ty trong giai oan nay la
khong hieu qua. V vay, cong ty can co nhng bien phap kp thi e khac
phuc tnh trang hoat ong cua cong ty nh quang ba thng hieu, au t vao
cac trang thiet b hien ai, nang cao chat lng san pham.
2.3.2.2. Doanh thu t hoat ong tai chnh :
Trang 33
TKMH: PHAN TCH HKT
Lp: KX12LT

Chenh lech
CH TIEU
Nm 2012
Nm 2011
Doanh thu hoat ong

tai chnh
42,874,433,550
Tng cng
42,874,433,550
Tuyet oi
Tng i (%)
26,323,726,760
16,550,706,790
62.87
26,323,726,760
16,550,706,790
62.87
Nhan xet : Doanh thu hoat ong tai chnh nam 2012 tang16,550,706,790 ong so
vi nam 2011 tng ng tang 62.87%. Do doanh nghiep au t vao co phieu.
2.3.2.3. Thu nhap khac:
Chenh lech
CH TIEU
Thu nhap khac

Tng cng
Nm 2012
Nm 2011
19,045,091,218
19,045,091,218
Tuyet oi
Tng oi (%)
524,904,380
18,520,186,838
3,528.30
524,904,380
18,520,186,838
3,528.30
Nhan xet : Thu nhap khac nam 2012 tang ot bien, cu the tang 18,520,186,838
ong tng ng tang 3,528.3%, mac du tang nhieu la cung tot, nhng tang
mot cach ot bien th hi bat thng, chng to doanh nghiep cha kiem soat
tot nguon thu nhap cua mnh.
2.3.3. Phan tch chi tiet chi ph
BANG PHAN TCH:
Nm 2012
Chenh lech
S tin
Ty
trong
(%)
S tien
Ty
trong
(%)
122,537,279,945
68
170,510,988,544
84
54,621,971,121
30
32,841,188,274
3,732,588,700
180,891,839,766
2
100
329,263,519
203,681,440,337
CH TIEU
Chi ph hot
ng kinh doanh
Chi ph hoat
ong tai chnh
Chi ph khac
Tng cng
Nm 2011
Ty le
Ty
trong
(%)
(47,973,708,599)
-28.14%
(16)
16
21,780,782,847
66.32%
14
0
100
3,403,325,181
-22,789,600,571
1033.62%
-11.19
2
-
So tien
Nhan xet : Chi ph nam 2012 giam 22,789,600,571 ong tng ng giam 11.19%.
Do trong nam doanh 2012 san xuat khong nhieu so vi nam 2011, dan en chi
ph giam, qua o keo theo doanh thu cung giam, ieu nay khong tot cho doanh
nghiep. Nhng ay cung la le tat yeu do nam 2012 la nam kinh te vo cung
kho khan.
Trang 34
TKMH: PHAN TCH HKT
2.3.3.1.
Lp: KX12LT
Chi ph hoat ong kinh doanh

Chenh lech
CH TIEU
Nm 2012
Nm 2011
Gia von cua thanh pham a

ban
99,135,440,489
141,946,291,958
7,863,217,418
10,094,173,080
15,538,622,038
18,470,523,506
122,537,279,945
170,510,988,544
Chi ph ban hang

Chi ph quan ly doanh nghiep
Tong cong
Tuyet i
Tng oi (%)
-42,810,851,469
-30.16
-2,230,955,662
-22.10
-2,931,901,468
-15.87
-47,973,708,599
-28.14
Nhan xet: Chi ph hoat ong kinh doanh nam 2012 giam 47,973,708,599 ong so
vi nam 2011 tng ng giam 28.14%. do:
Gia von cua thanh pham a ban giam 42,810,851,469 ong tng ng giam
30.16% do nhng yeu t au vao tang nh: vat lieu, nhan cong, may thi cong,
chi ph san xuat chung trong khi o doanh thu t hoat ong nay lai giam
30.54%, toc o giam cua doanh thu cao hn toc o giam cua gia von thanh
pham, v the li nhuan t hoat ong nay cung giam theo, ieu nay anh
hng khong tot en doanh nghiep
Chi ph ban hang giam 2,230,955,662 ong tng ng giam 22.1%, do doanh thu
giam nen keo theo chi ph ban hang cung giam theo.
Chi ph quan l doanh nghiep giam 2,931,901,468 ong tng ng giam 15.87%,
cung do doanh thu giam keo theo chi ph quan ly doanh nghiep cung giam.
2.3.3.2.
Chi ph hoat ong tai chnh
Chenh lech
CH TIEU
Nm 2012
Nm 2011
Tuyt i
Tng i (%)
Chi ph lai vay
54,621,971,121
32,841,188,274
21,780,782,847
66.32
Tong cong
54,621,971,121
32,841,188,274
21,780,782,847
66.32
Nhan xet: Chi ph hoat ong tai chnh tang la do chi ph lai vay.
Chi ph lai vay nam 2012 tang 21,780,782,847 ong tng ng tang 66.32%, do
tra lai vay trong nam 2012 tang, doanh nghiep vay them t ngan hang.
2.3.3.3.
Chi ph khac
CH TIEU
Nm 2012
Nm 2011
Chenh lech
Trang 35
TKMH: PHAN TCH HKT
Lp: KX12LT
Tuyt i
Tng i (%)
Chi ph khac
3,732,588,700
329,263,519
3,403,325,181
1033.62%
Tong cong
3,732,588,700
329,263,519
3,403,325,181
1033.62%
Nhan xet: Chi ph khac nam 2012 tang 3,403,325,181 ong tng ng tang
1033.62%. tang mot cach ot bien, do trong nam 2012 nghiep nhng ban mot
so tai san co nh, ben canh o con co nhng chi ph khac tang qua nhieu.
Anh hng ln en doanh nghiep, doanh thu giam nhng chi ph khac lai tang
rat nhieu, ieu nay la bat on oi vi doanh nghiep, doanh nghiep can co
kiem soat lai chi ph mot cach chat che, cung nh xem lai cong tac lap ke
hoach cho nhng chi ph.
2.4
Phan tch bao cao lu chuyen tien te

Bang phan tch bao cao lu chuyen tien te:
Chenh lech
STT
CH TIEU
Cuoi nam 2012
au nam 2012
13,274,801,376
Tuyt i
Tng i
(%)
17,228,299,922
(3,953,498,546)
-22.95%
2,785,224,028
(95,224,051)
-3.42%
677,443,627
100.00%
Lu chuyen tien t
HKD
Li nhuan trc thue
ieu chnh cho cac
khoan
Khau hao tai san co

nh
2,689,999,977
Cac khoan d phong
677,443,627
Lai, lo hoat ong au

t
(13,774,411,306)
(42,280,913,726)
28,506,502,420
-67.42%
Chi ph lai vay
52,348,920,932
46,767,449,686
5,581,471,246
11.93%
Li nhuan t hoat ong

kinh doanh trc thay oi
von lu ong
55,216,754,606
24,500,059,910
30,716,694,696
125.37%
Tang giam cac khoan

phai thu
158,243,838,948
(296,965,665,265)
455,209,504,213
-153.29%
Tang giam hang ton

kho
(67,218,202,235)
78,185,132,700
(145,403,334,935)
-185.97%
Trang 36
TKMH: PHAN TCH HKT
Lp: KX12LT
Tang giam cac khoan

phai tra ( khong ke lai
vay phai tra, thue thu
nhap phai nop)
37,538,146,734
(118,731,777,637)
156,269,924,371
-131.62%
Tang giam chi ph phai

tra trc
10,458,892,933
(10,404,586,163)
20,863,479,096
-200.52%
Tien lai vay a tra
(20,085,830,705)
(21,690,779,275)
1,604,948,570
-7.40%
10
Thue TNDN a nop
(212,000,000)
(2,600,000,000)
2,388,000,000
-91.85%
11
Tien thu khac t HKD
12,004,500
(12,004,500)
-100.00%
12
Tien chi khac t HKD
(3,799,658,500)
(4,706,543,728)
906,885,228
-19.27%
Lu chuyen tien thuan

t HKD
170,141,941,781
(352,402,154,958)
522,544,096,739
-148.28%
II
Lu chuyen tien t
HDT
Tien chi mua sam XD

TSC va TSDH khac
11,627,273
11,627,273
100.00%
Tien thu t thanh ly,

nhng ban TSC va
TSDH khac
363,636,364
363,636,364
100.00%
Tien chi cho vay, mua cac

cong cu n cua n v
khac
(92,608,750,000)
(187,900,000,000)
95,291,250,000
-50.71%
Tien thu hoi cho vay,

ban lai cac cong cu n
cua n v khac
23,530,780,000
222,566,000,000
(199,035,220,000)
-89.43%
Tien chi T gop von

vao n v khac
(3,720,000,000)
(44,053,340,000)
40,333,340,000
-91.56%
Tien thu lai cho vay, co

tc li nhuan c chia
4,001,699,714
(4,001,699,714)
-100.00%
(72,422,706,363)
(5,385,640,286)
-67,037,066,077
1244.74%
103,948,452,978
489,119,425,069
(385,170,972,091)
-78.75%

t HDT
III
Lu chuyen tien t
HTC
Tien vay NH, dai han

nhan c
Trang 37
TKMH: PHAN TCH HKT
Tien chi tra n goc vay
Tien chi tra n thue tai

chnh
Co tc, li nhuan tra

cho CSH
Lp: KX12LT
(199,683,465,226)
(147,561,880,787)
(52,121,584,439)
35.32%
15,834,400,000
(15,834,400,000)
-100.00%

t HTC
(95,735,012,248)
357,391,944,282
-453,126,956,530
-126.79%

trong nam
1,984,223,170
(395,850,962)
2,380,074,132
-601.26%
689,675,426
1,085,526,389
(395,850,963)
-36.47%
2,673,898,596
689,675,427
1,984,223,169
287.70%
Tien va tng ng tien

au nam
Anh hng ty gia hoi
oai quy oi ngoai te
Tien va tng ng tien
cuoi nam
2.4.1.
Nhan xet chung

BIEU O S BIEN ONG CHUNG QUY MO DONG TIEN:
Lu chuyn tin thun t HKD
Lu chuyn tin thun t HT
Lu chuyn tin thun t HTC

357,391,944,282
170,141,941,781
(5,385,640,286)
u
nm 2012
Cui nm 2012
(72,422,706,363)
(95,735,012,248)
(352,402,154,958)
Trang 38
TKMH: PHAN TCH HKT
Lp: KX12LT
2.4.2.
Phan tch chi tiet lu chuyen tien t hoat ong kinh doanh, hoat ong
au t, hoat ong tai chnh
Chenh lech
CH TIEU
Nm 2012
Nm 2011
S tin
Ty trong (%)
1. Lu chuyen tien thuan t

HKD
170,141,941,781
(352,402,154,958)
522,544,096,739
-148.28

HDT
(72,422,706,363)
(5,385,640,286)
(67,037,066,077)
1244.74

HTC
(95,735,012,248)
357,391,944,282
(453,126,956,530)
-126.79
Tong
1,984,223,170
(395,850,962)
2,380,074,132
-601.26
Nhan xet :
-
Theo bang so lieu tren, ta thay rang nguon tien chnh cuoi nam 2012 cua
cong ty chu yeu t hoat ong kinh doanh, con au nam 2012 chu yeu la
hoat ong tai chnh. Cuoi nam 2012 lu chuyen tien thuan t hoat ong kinh
doanh la 170,141,941,781 ong, do cac khoan phai thu tang 158,243,838,948
ong, hang ton kho giam 67,218,202,235 ong va cac khoan phai tra
tang. ay la mot dau hieu kha tot sau khi trai qua cuoc khung hoang
cua nen kinh te toan cau noi chung va nganh xay dng, bat ong san
noi rieng.
Tai thi iem cuoi nam 2012, cong ty cung siet chat cac khoan chi cho
hoat ong au t, tuy nhien tien thu t khoan au t b han che : Tien
thu hoi cac khoan cho vay giam, tien thu lai co tc khong co lam cho
dong tien lu chuyen trong hoat ong au t b am. Chnh v the, nam
2012 cong ty a giam bt cac khoan au t, ay la chien lc ung
an va hieu qua.
Cung trong thi iem nay, hoat ong tai chnh cua cong ty gap kho
khan cho thay hieu qua s dung von chiem dung cua cong ty la khong
tot. Co tc, li nhuan tra cho chu s hu la khong co. Cong ty a
giam cac khoan tien vay ngan han va dai han e giam rui ro trong
tng lai nen dong tien trong hoat ong tai chnh b giam lai. ieu nay
cung kha hp ly so vi tnh hnh kinh te hien nay.
Trang 39
TKMH: PHAN TCH HKT
Lp: KX12LT
Qua phan tch bao cao lu chuyen tien te, ta thay quan ly dong tien cua
doanh nghiep la kha tot. Cong ty nen tang cng them cac dong tien
vao ac biet la khoan thu t ban hang va gian dong tien ra bang
cach tiet kiem chi ph mot cach hp ly, cat giam chi ph khac. Co nh
vay dong tien thuan se dng va ngay cang tang, cong ty se vng hn
ve viec s dung von.
2.5
Phan tch cac ch so tai chnh
2.5.1. Cac ty so phan anh cau truc tai chnh va tnh hnh au t:
BANG CAC TY SO PHAN ANH CAU TRUC TAI CHNH VA TNH
HNH AU T
Chenh lech
Cac ch tieu cau truc tai
chnh
Cui nm 2012
u nm 2012
1,050,838,332,939
Tuyt i
Tng i
(%)
777,696,420,431
273,141,912,508
35.12%
786,098,120,023
658,451,764,029
127,646,355,994
19.39%
0.75
0.85
-0.10
-11.65%
213,329,631,701
119,101,171,306
94,228,460,395
79.12%
0.20
0.15
0.05
32.56%
330,492,664,543
98,156,596,705
232,336,067,838
236.70%
0.31
0.13
0.19
149.18%
Von chu s hu
213,329,631,701
119,101,171,306
94,228,460,395
79.12%
Tai san dai han
429,664,863,633
253,774,528,084
175,890,335,549
69.31%
0.50
0.47
0.03
5.79%
Tong tai san

1. Tnh he so n
N phai tra
He so n = N phai tra/tong
tai san
2. Tnh he so t tai tr
Von chu s hu
He so t tai tr = VCSH/TTS
3. Tnh ty suat au t
Tai san co nh
Ty suat au t = TSC/TTS
4. Tnh ty suat tai tr TSDH
Ty suat tai tr
TSDH=VCSH/TSDH
Nhan xet :
- He so n dung e o lng mc o s dung n cua cong ty so vi tai
san. Hay noi cach khac, ty so n tren tong tai san cho biet bao nhieu
phan tram tren tong tai san cua cong ty c au t bang nguon von vay,
Trang 40
TKMH: PHAN TCH HKT
Lp: KX12LT
qua o cho biet c kha nang t chu tai chnh cua doanh nghiep. Cuoi
nam 2012, ty so n at mc 0.75 ( tc 75% ), ieu nay co ngha la muon
s dung 1 ong von th cong ty phai vay n ben ngoai 0.75 ong va khi so
sanh vi au nam 2012 th he so nay a giam 0.1 ( tc 10% ) cho thay
kha nang thanh toan khoan n cua cong ty ngay cang tot. Tuy nhien, he
so nay giam nh n phai tra tang va tai san cua cong ty tang. Ma tai
san cua cong ty tang nh vao cac khoan tang cua khoan phai thu khach
hang, hang ton kho, tai san vo hnh va chi ph xay dng c ban d dang.
ieu nay se rat bat li cho cong ty neu nh cac khoan phai thu khach
hang b tr tre va hang ton kho b ong. V vay, he so n nay ch co
the chap nhan trong thi gian ngan, cong ty nen giam bt cac khoan phai
tra e he so nay giam va am bao kha nang thanh toan trong tng lai.
- He so t tai tr: dung e anh gia mc o t chu ve tai chnh cua
doanh nghiep va kha nang bu ap ton that bang von chu s hu. Cuoi
nam 2012, he so t tai tr cuoi nam 2012 tang hn so vi au nam 2012
la 0.05 tng ng vi 32.56%. He so nay tang do tang von chu s hu
va tang nguon von. V tong nguon von tang nhieu hn von chu s hu
nen ty so nay tang t. Nhn chung he so t tai tr cao cho thay kha nang
t chu ve tai chnh cua cong ty tot, t phu thuoc vao yeu to ben ngoai.
- Ty suat au t vao tai san co nh cuoi nam tang 0.19 tng ng vi
149.18%. Cho thay cong ty a tang cng au t vao tai san co nh ma
chu yeu la tai san co nh vo hnh, e nang cao nang lc san xuat cung
nh kha nang canh tranh.
- Ty suat tai tr TSDH : cuoi nam tang 0.03 so vi au nam, chng to
doanh nghiep chu yeu dung von chu s hu e au t vao tai san dai
han, ieu nay kha tot, bt c khoan n cho doanh nghiep.
2.5.2. Phan tch tnh hnh cong n va kha nang thanh toan
2.5.2.1.
Tnh hnh cong n:

CUI NM 2012
CH TIEU
I. Cac khoan phai
thu
A. Cac khoan
phai thu ngan han
1. Phai thu khach
hang
2. Tra trc cho
ngi ban
U NM 2012
CHENH LECH
S tin
TT
(%)
S tin
TT
(%
Tuyet oi
Tng
oi (%)
280,068,481,764
100.00
258,151,229,918
100.00
21,917,251,846
8.49
279,354,191,271
99.74
258,151,229,918
100.00
21,202,961,353
8.21
-0.26
151,676,894,568
54.16
83,922,060,794
32.51
67,754,833,774
80.74
21.65
70,439,840,703
25.15
88,531,794,751
34.29
-18,091,954,048
-20.44
-9.14
Trang 41
TT
(%)
TKMH: PHAN TCH HKT

3. Phai thu noi bo
ngan han
4. Phai thu theo
tien o ke hoach
hp ong xay
dng
5. Cac khoan phai
thu khac
6. D phong phai
thu ngan han kho
oi
B. Cac khoan
phai thu dai han
1. Phai thu dai
han cua khach
hang
2. Von kinh doanh
n v trc thuoc
3. Phai thu dai
han noi bo
4. Phai thu dai
han khac
5. D phong phai
thu dai han kho
oi
II. Cac khoan
phai tra
A. N ngan han
1. Vay va n ngan
han
2. Phai tra ngi
ban
3. Ngi mua tra
tien trc
4. Thue va ca
khoan phai nop
Nha nc
5. Phai tra ngi
lao ong
6. Chi ph phai tra
7. Phai tra noi
bo
8. Phai tra theo
tien o ke hoach
hp ong xay
dng
9. Cac khoan phai
tra, phai nop
ngan han khac
10. D phong phai
tra ngan han
11. Quy khen
thng phuc li
B. N dai han
Lp: KX12LT
2,252,504,500
0.80
0.00
2,252,504,500
0.80
0.00
0.00
55,662,395,127
19.87
85,697,374,373
33.20
-30,034,979,246
-35.05
13.32
(677,443,627)
-0.24
0.00
(677,443,627)
-0.24
714,290,493
0.26
0.00
714,290,493
0.26
0.00
0.00
0.00
0.00
0.00
0.00
714,290,493
0.26
0.00
714,290,493
0.26
0.00
0.00
786,098,120,022
100.00
658,451,764,029
100.00
127,646,355,993
19.39
320,527,648,717
40.77
313,981,449,445
47.68
6,546,199,272
2.08
110,596,641,894
14.07
204,807,903,802
31.10
(94,211,261,908)
-46.00
-6.91
17.04
98,021,503,533
12.47
17,990,544,294
2.73
80,030,959,239
444.85
9.74
12,862,258,895
1.64
11,453,221,103
1.74
1,409,037,792
12.30
-0.10
28,788,050,584
3.66
19,730,274,242
3.00
9,057,776,342
45.91
0.67
1,434,219,988
0.18
835,714,000
0.13
598,505,988
71.62
0.06
37,655,437,248
4.79
46,701,586,150
7.09
(9,046,148,902)
-19.37
-2.30
0.00
0.00
0.00
0.00
27,321,130,799
3.48
10,330,708,656
1.57
16,990,422,143
164.47
1.91
0.00
0.00
3,848,405,776
0.49
2,131,497,198
0.32
1,716,908,578
80.55
0.17
465,570,471,305
59.23
344,470,314,584
52.32
121,100,156,721
35.16
6.91
Trang 42
TKMH: PHAN TCH HKT

1. Phai tra dai
han ngi ban
2. Phai tra dai
han noi bo
3. Phai tra dai
han khac
4. Vay va n dai
han
5. Thue thu nhap
hoan lai phai tra
6. D phong tr
cap mat viec lam
7. D phong phai
tra dai han
8. Doanh thu cha
thc hien c
9. Quy phat trien
khoa hoc cong
nghe
Ty so cac khoan
phai thu/ cac
khoan phai tra
Lp: KX12LT
0.00
0.00
0.00
0.00
0.00
0.00
4,104,085,200
0.52
0.00
4,104,085,200
0.52
318,894,249,660
40.57
258,190,000,000
39.21
60,704,249,660
23.51
1.36
0.00
0.00
0.00
0.00
59,761,090
0.01
(59,761,090)
-100.00
-0.01
0.00
0.00
142,572,136,445
18.14
86,220,553,494
13.09
56,351,582,951
65.36
5.04
0.00
0.00
(0.036)
-9.13%
0.356
0.392
Nhan xet : da vao bang tren ta thay cong n phai thu va cong n phai tra
cuoi nam so vi au nam eu tang. Cu the cong n phai thu tang 21,917,251,846
ong tng ng tang 8.49%, cong n phai tra tang 127,646,355,993 ong tng ng
19.39%. ac biet la khong co khoan n nao qua han thanh toan, ieu nay the
hien cong ty co quan tam en cong tac thu hoi va thanh toan cac khoan n nan.
Ty so cac khoan phai thu /cac khoan phai tra cuoi nam giam 3.6% so vi au
nam, do toc o tang cua cong n phai tra tang nhanh hn toc o tang cua cong
n phai thu. Chng to doanh nghiep hoat ong cha hieu qua, can xem xet lai qua
trnh san xuat kinh doanh cua doanh nghiep.
-
Khoan phai thu cua cong ty tang chu yeu la do cac khoan phai thu ngan han
la chnh, cu the:
+ Phai thu khach hang tang 67,754,833,774 ong tng ng 80.74%.
+ Tra trc cho ngi ban giam 18,091,954,048 ong tng ng giam 20.44%.
+ Phai thu noi bo ngan han tang 2,252,504,500 ong tng ng tang 100%.
+ Cac khoan phai thu khac giam 30,034,979,246 ong tng ng giam 35.05%
Cac khoan phai tra tang do:
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+ N ngan han tang 6,546,199,272 ong tng ng vi 2.08%

+ N dai han tang 121,100,156,721 ong tng ng vi 35.16%
2.5.2.2.
Kha nang thanh toan:

CUI NM 2012
U NM 2012
1,050,838,332,939
777,696,420,431
786,098,120,023
658,451,764,029
1.34
1.18
Tai san ngan han
621,173,469,306
523,921,892,347
N ngan han
320,527,648,717
313,981,449,445
1.94
1.67
Tai san ngan han
621,173,469,306
523,921,892,347
Hang ton kho
237,248,364,206
170,030,161,971
N ngan han
320,527,648,717
313,981,449,445
1.20
1.13
NHOM CH SO KHA NANG THANH TOAN

1. He so kha nang thanh toan tong quat
Tong tai san
N phai tra
He so kha nang thanh toan tong quat = TTS/NPT
2. He so kha nang thanh toan hien hanh
He so kha nang thanh toan hien hanh = TSNH/NNH

3. Ty so kha nang thanh toan nhanh
Ty so kha nang thanh toan nhanh = ( TSNH-HTK)/NNH

4. Ty so kha nang thanh toan lai vay
EBIT
Lai vay
13,274,801,377
17,228,299,922
52,348,920,932
31,746,683,226
0.25
Ty so kha nang thanh toan lai vay = EBIT/Lai vay
0.54
5. Von lu ong
Tai san ngan han
621,173,469,306
523,921,892,347
N ngan han
320,527,648,717
313,981,449,445
Von lu ong = TSNH-NNH
300,645,820,589
209,940,442,902
280,068,481,764
258,151,229,918
1,050,838,332,939
777,696,420,431
0.27
0.33
6. Ty suat cac khoan phai thu

Khoan phai thu
Tong tai san
Ty suat cac khoan phai thu = Khoan phai thu/Tong
tai san
7. Ty suat cac khoan phai tra
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TKMH: PHAN TCH HKT
Lp: KX12LT
Khoan phai tra

Tong tai san
Ty suat cac khoan phai tra = Khoan phai tra/ Tong
tai san

786,098,120,022
658,451,764,029
1,050,838,332,939
777,696,420,431
0.75
0.85
Nhan xet :
- He so kha nang thanh toan tong quat: he so nay cho biet kha nang thanh
toan cac khoan n cua Cong ty. Cuoi nam 2012, he so nay la 1.34 cho
thay tai san cua doanh nghiep u e thanh toan cac khoan n .
- He so kha nang thanh toan hien hanh : la thc o kha nang co the tra
n cua cong ty khi cac khoan n en han, no ch ra pham vi, quy mo ma
cac yeu cau cua chu n c trang trai bang nhng tai san ngan han co
the chuyen oi thanh tien trong thi ky phu hp vi thi han tra n.
Cuoi nam 2012, he so nay mc 1.94 cho thay, doanh nghiep ch can
51.6% (320,527,648,717/621,173,469,306) tr gia tai san ngan han a u e
thanh toan cac khoan n en han. So sanh vi au nam 2012, th he so
nay tang 0.27. Ty so nay tuy bien oi khong nhieu nhng cung cho thay
kha nang thanh toan cua cong ty cho nhng khoan n ngan han co chieu
tang va ay la mot dau hieu tot.
- Ty so kha nang thanh toan nhanh: Ty so nay bieu hien moi quan he so
sanh gia loai tai san quay vong nhanh so vi cac khoan n ngan han. Do
o, phai tr i khoan muc hang ton kho. Viec phan tch kha nang thanh
toan nhanh cua cong ty cho thay nhng tai san quay vong von nhanh co
the dung trang trai cho cac khoan n en han cua cong ty. Vao cuoi nam
2012, ty so thanh toan nhanh la 1.2 >1.13 ( au nam 2012) do o tnh hnh
thanh toan cua cong ty c cai thien hn. Mc tang cua ty so nay la do
tai san ngan han, hang ton kho va n phai tra eu tang. Tuy nhien tai
san ngan han tang nhanh hn hai khoan muc hang ton kho va n phai tra
nen he so nay ln hn 1 cho thay cong ty ap ng toi u c nhu cau
thanh toan nhanh cho cac khoan n, ay la bieu hien kha tot.
- Von lu ong : Thi iem cuoi nam 2012, von lu ong tang hn so vi
au nam la 90,705,377,687 ong chng to cong ty co kha nang s dung
tien e thanh toan cac khoan n ngan han ong thi von lu ong tang
se lam giam lng tien mat cong ty ang nam.
- Ty suat cac khoan phai thu cuoi va au nam lan lt la 27% va 33%. Ta
thay cuoi nam a giam so vi au nam chng to doanh nghiep a lam
tot cong tac thu hoi cac khoan phai thu ti han va s dung chnh sach
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TKMH: PHAN TCH HKT
Lp: KX12LT
cho vay va ban chu ban thieu hp l nen a giam c tnh trang b chiem
dung von bi doanh nghiep khac.
Ty suat cac khoan phai tra cuoi nam va au nam lan lt la 75% va
85%, ty le kha ln, chng to doanh nghiep a chiem dung von kha ln
cua cac doanh nghiep khac.
2.5.3. Phan tch kha nang sinh li
Cac ch tieu phan tch
Nam 2012
Nm 2011
Li nhuan
10,947,543,226
11,277,469,431
Doanh thu thuan
141,801,243,571
204,139,152,520
Tong tai san bnh quan
914,267,376,685
738,596,210,216
Tong tai san au ky
777,696,420,431
699,496,000,000
Tong tai san cuoi ky
1,050,838,332,939
777,696,420,431
Von chu s hu bnh quan
166,215,401,504
123,111,085,653
Von chu s hu au ky
119,101,171,306
127,121,000,000
Von chu s hu cuoi ky
213,329,631,701
119,101,171,306
Suat sinh li cua doanh thu ( ROS )
7.72%
5.52%
Suat sinh li tai san ( ROA)
1.20%
1.53%
Suat sinh li cua von chu s hu ( ROE)
6.59%
9.16%
Nhan xet:
- Suat sinh li cua doanh thu ( ROS ): Mc sinh li doanh thu nam 2012 la
7.72%. Co ngha la mot tram ong doanh thu thuan t ban hang va cung
cap dch vu se tao ra 7.72 ong li nhuan. Cho thay doanh nghiep hoat ong
co li. So sanh vi au nam 2012 th tai thi iem cuoi nam, mc sinh
li doanh thu tang len 2.2%. Mac du cuoi nam, doanh thu thuan giam nhng
do cong tac quan ly chi ph tot cong vi viec gia von hang ban thap hn
lam cho li nhuan cong ty co giam nhng ma mc sinh li tren doanh thu
lai cao hn au nam. Cho thay, cong ty ang co nhng thay oi ve hieu
qua, ng loi san pham va can oi chi ph hp ly.
- Suat sinh li tren tong tai san : ty suat nay the hien mc tng quan
gia mc sinh li cua cong ty so vi tong tai san cua no. ROA cho biet
hieu qua cua viec s dung tai san e kiem li. Qua tnh toan ta thay
rang ty so sinh li tren tong tai san cua doanh nghiep trong hai nam
2011,2012 ln hn 0, co ngha la doanh nghiep lam an co lai, nhng ty so
nay co hng giam. Cu the, cuoi nam 2011 , ty suat sinh li tren tong
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TKMH: PHAN TCH HKT
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tai san la 1.53%, ngha la c 100 ong von au t vao tong tai san thu
ve c 1.53 ong li nhuan sau thue. Cuoi nam 2012 th mc sinh li nay
ch mc 1.2%, ngha la c 100 ong von au t vao tong tai san thu
ve c 1.2 ong li nhuan sau thue. Cho thay viec s dung tai san cua
cuoi nam 2012 cho hoat ong kinh doanh la khong hieu qua. Cong ty can
phai no lc rat nhieu e nang cao viec s dung tai san nham tao ra doanh
thu va li nhuan cho cong ty cang nhieu. Gop phan nang cao hieu qua kinh
doanh cua cong ty.
Suat sinh li cua von chu s hu ( ROE ): phan anh hieu qua cua von t
co, hay chnh xac hn la o lng mc sinh li au t cua von chu s
hu. Ch tieu nay o lng kha nang tao lai cua 1 ong von au t cua
chu s hu. ay la ch tieu ma cac nha au t, co ong quan tam nhat
v no cho biet cac thu nhap . So sanh hai nam 2012 va 2011, th ROE nam
2012 b giam. Cho thay nang lc tai chnh cua cong ty la khong tot. Doanh
nghiep s dung von vay khong hieu qua. V vay cong ty nen anh gia ky
tnh hnh e co ke hoach khai thac het li the canh tranh tren th trng e
tang ch tieu trong cac nam ti.
CHNG III :
KET LUAN KIEN NGH
3.1. Ket luan

- Nm 2012 troi qua vi hang lot nhng bin c to nen mt nm y thng trm i vi
nganh bt ng sn Vit Nam. Cu the nam 2012 la mt nm bn l trong s chuyn
hng ca th trng bt ng sn Vit Nam. Gia nhieu at nhiu ni gim manh, th
trng ong bang tren din rng va gii kinh doanh bt ng sn kt thuc nm trong
tnh trng kho khn. Trc tnh trng chung, Ban iu Hanh Cotec Land cng a leo
lai con thuyn Cotec Land en ch vi nhng kt qu c xem la tng i kh quan
trong tnh the hin nay. Cong ty a bc u tip xuc thanh cong mng y t - giao
dc khi thc hin thanh cong qua trnh gop vn ti cong ty C phn Hng Ha, n v
s hu bnh vin Cotec Trng Lam Ha Noi. Va cong ty cng ang dn tip cn vi
vic u t ti Bnh vin a khoa ti ng Nai.Tng doanh thu hp nht nm 2012 thc
hin c 203.5 t ng giam 11.9% so vi nm 2011 va t 53% so vi k hoch. Mc
du cha t 100% k hoch ra nhng kt qu o phu hp vi tnh hnh kinh t nm
2012 khi th trng bt ng sn con nhiu kho khn va con nhiu ri ro. Li nhun k
toan trc thu ca cong ty t c 13.27 t ng chim 54% k hoch ra va cng
t mt t l tng ng khi so vi cung k. Trong tnh trng chung nh hin nay, t l
cac doanh nghip bt ng sn hoan thanh ch tieu la hoan toan khong th, v th
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vi t l 54% so vi cung k va 50% so vi k hoch ra la mt kt qu tng i

kh quan.
-
Mat tot:
+ Kha nang thanh toan tot cac he so ve kha nang thanh toan eu ln hn 1,
cho thay cong ty ap ng toi u c nhu cau thanh toan nhanh cho cac
khoan n, thuan li cho viec au t nhanh vao cac hoat ong au t co chu k
ngan han.
+ Cuoi nam 2012, vay va n ngan han giam ang ke .So tien giam
94.211.261.908 ong tng ng vi 46%. ieu nay c anh gia la kha
tot
+ Von lu ong : Thi iem cuoi nam 2012, von lu ong tang hn so vi
au nam la 90,705,377,687 ong chng to cong ty co kha nang s dung
tien e thanh toan cac khoan n ngan han ong thi von lu ong tang
se lam giam lng tien mat cong ty ang nam.
+ Ty suat cac khoan phai thu cuoi va au nam lan lt la 27% va
33%. Ta thay cuoi nam a giam so vi au nam chng to doanh nghiep
a lam tot cong tac thu hoi cac khoan phai thu ti han va s dung
chnh sach cho vay va ban chu ban thieu hp l nen a giam c tnh
trang b chiem dung von bi doanh nghiep khac.
Mat xau:
+ Trong nam 2012, doanh thu ban hang va cun cap dch vu giam 30.54% so
vi nam 2011. ieu nay cho thay hang hoa cua cong ty nam 2012 tieu
thu cham hn so vi nam 2011, ong ngha hoat ong cua cong ty trong
giai oan nay la khong hieu qua.
+Ve kha nang sinh li, suat sinh li cua doanh thu (ROS), cuoi nam la 7.72%,
cho thay doanh nghiep hoat ong van co li nhng cha cao tuy nhien van
chap nhan c trong tnh hnh kinh te hien nay. Suat sinh li tren tong tai
san (ROA), cuoi nam 2012 th mc sinh li nay ch mc 1.2%, cho thay
viec s dung tai san cua cuoi nam 2012 cho hoat ong kinh doanh la khong
hieu qua. Ve suat sinh li tren von chu s hu (ROE), so sanh hai nam 2012
va 2011, th ROE nam 2012 b giam. Cho thay nang lc tai chnh cua cong ty
la khong tot. Doanh nghiep s dung von vay khong hieu qua.
3.2. Kien ngh

- Cong ty can co nhng bien phap kp thi e khac phuc tnh trang hoat ong
cua cong ty nh quang ba thng hieu, au t vao cac trang thiet b hien ai,
nang cao chat lng san pham. e tang doanh thu cho cong ty
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TKMH: PHAN TCH HKT
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Cong ty can phai no lc rat nhieu e nang cao viec s dung tai san nham
tao ra doanh thu va li nhuan cho cong ty cang nhieu. Gop phan nang cao hieu
qua kinh doanh cua cong ty. Ve suat sinh li tren von chu s hu (ROE), so
sanh hai nam 2012 va 2011, th ROE nam 2012 b giam. Cho thay nang lc tai
chnh cua cong ty la khong tot. Doanh nghiep s dung von vay khong hieu
qua. V vay cong ty nen anh gia ky tnh hnh e co ke hoach khai thac het
li the canh tranh tren th trng e tang ch tieu trong cac nam ti.
Nhn chung nam 2012 la nam vo cung kho khan khong ch oi vi rieng doanh
nghiep ma tren toan the gii, v the co the anh gia trong nam qua doanh
nghiep cung a no lc het sc e cheo lai con thuyen ti ch. D kien trong
nam 2013 doanh nghiep can phai no lc hn na, khai thac triet e nhng
thuan li, cung nh khac phuc nhng kho khan, e a doanh nghiep luon luon
phat trien.
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TKMH: PHAN TCH HKT
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Trang 50

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TKMH: PHAN TCH HKT

GVHD: Th.s LE QUANG PHUC

NHAN XET CUA GIAO VIEN HNG DAN

NHAN XET CUA GIAO VIEN PHAN BIEN

TKMH: PHAN TCH HKT

GVHD: Th.s LE QUANG PHUC

GII THIEU CHUNG

Gii thieu ve doanh nghiep xay dng

Ten doanh nghiep : Cong ty Co phan au t va phat trien nha at Cotec

SVTH: HUYNH NGOC NGHA

TKMH: PHAN TCH HKT

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Ten viet tat : CotecLand JSC

ien thoai : ( 84 ) 08.54011888

Ma chng khoan : CLG

Von ieu le : 100.000.000.000 ( Mot tram ty ong )

Tai khoan : 140.10000.865740 tai NH au t Phat trien Viet Nam - CN Sai

Giay CNKKD : 0303666737 do S Ke hoach va au t TP. Ho Ch Minh

Ngay 05/05/1993, Bo trng Bo Xay dng b an hanh Quyet nh so

Ngay 04/01/2005, Bo trng Bo Xay dng ban hanh Quyet nh so

Ngay 18/11/2005, Bo trng Bo Xay dng ban hanh Quyet nh so

Ngay 06/12/2005, Cong ty hoat ong di hnh thc cong ty co phan vi

SVTH: HUYNH NGOC NGHA

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Ngay 28/01/2005, Cong ty Co phan au t va phat trien nha at Cotec

Nganh nghe kinh doanh :

SVTH: HUYNH NGOC NGHA

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Kinh doanh du lch l hanh noi a.

Quang cao, nghien cu th trng va tham do d luan; to chc gii

Tnh hnh hoat ong

SVTH: HUYNH NGOC NGHA

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nh hng phat trien

1.4.1 Muc tieu

Ben canh o, vi muc tieu se nh v la mot trong cac n v bat ong

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1.4.2 Chien lc phat trien trung va dai han :

Du nh hng phat trien a nganh nghe nhng Ban Giam oc cong ty

Ben canh o, tren c s kinh nghiem cua nhng nha au t chuyen

SVTH: HUYNH NGOC NGHA

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SVTH: HUYNH NGOC NGHA

TKMH: PHAN TCH HKT

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BAN KIEM SOAT

HOI ONG QUAN TR

SVTH: HUYNH NGOC NGHA

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Dien bien lao ong trong nam 2011

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Tnh hnh tai chnh :

SVTH: HUYNH NGOC NGHA

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Phat hanh c phiu cho c ong

Danh muc cac d an au t :