1、128,657.69243,462.42应收账款194,427.17142,214.86195,267.87预付款项14,189.9213,390.4320,275.94其他应收款9,579.938,088.5822,058.02存货220,312.32238,429.40441,749.34其他流动资产214,197.37364,017.50201,271.81流动资产合计897,577.95894,798.471,124,085.41可供出售金融资产38,983.7642,275.0343,770.31持有至到期投资5,869.386,045.460.00长期股权投资1,215.791,0
2、08.47362.39投资性房地产121,028.36126,415.42109,546.98固定资产118,623.75111,521.30198,568.14在建工程18,782.4384,470.8025,382.27无形资产46,804.9144,708.9878,668.29商誉3,719.76长期待摊费用6,068.677,520.4023,026.15递延所得税资产30,330.7429,674.7041,327.90其他非流动资产5,800.0012,162.1612,033.65非流动资产合计397,227.56469,522.48532,686.07资产总计1,294,80
3、5.511,364,320.951,656,771.48短期借款3,000.002,050.0017,457.39衍生金融负债655.25应付票据31,002.5837,911.45305,844.59应付账款121,623.13189,806.19预收款项8,358.2912,327.7616,550.79应付职工薪酬13,373.0916,115.3833,299.41应交税费38,090.6813,008.2045,527.30其他应付款11,947.9312,642.6321,238.63一年内到期的非流动负债2,290.022,065.67219.72其他流动负债803.241,90
4、5.46230.49流动负债合计230,730.97287,832.72441,023.58长期借款15,694.60长期负债合计预计负债56,405.2659,530.4565,532.25递延所得税负债2,941.632,847.949,708.85其他非流动负债1,085.28递延收益-非流动负债2,550.992,366.164,453.93非流动负债合计64,187.9064,744.5496,474.91负债合计294,918.87352,577.26537,498.49实收资本（或股本）269,382.90268,945.38269,984.77资本公积254,421.28249
5、,988.52255,917.49其中:库存股4,621.532,133.086,832.37盈余公积88,451.39101,478.25118,566.71未分配利润391,584.08391,741.31476,875.35其他综合收益89.13121.5871.43归属于母公司所有者权益合计999,307.261,010,141.971,114,583.39少数股东权益579.391,601.714,689.59所有者权益合计999,886.651,011,743.691,119,272.98负债与所有者权益总计浙江森马服饰股份有限公司，简称森马服饰，所属的行业是服装服饰，公司总部位于
6、上海市。2018 年，森马服饰的资产总计是 1,656,771.48 万元，负债合计是 537,498.49 万元，所有者权益合计是 1,119,272.98 万元。资产构成负债所有者权益从资产的角度看森马服饰的资产负债表， 2016-2018 年最近三年的资产总计分别是1,294,805.51 万元、1,364,320.95 万元、1,656,771.48 万元，其中，2018 年的流动资产合计为 1,124,085.41 万元，包括 243,462.42 万元的货币资金和 441,749.34 万元的存货；非流动资产合计为 532,686.07 万元，其中的固定资产占到了 198,568.
7、14 万元。资产总额变动趋势2016年2017年2018年1,800,000.001,600,000.001,400,000.001,200,000.001,000,000.00800,000.00600,000.00400,000.00200,000.00负债方面，森马服饰最近三年的负债总额分别是 294,918.87 万元、352,577.26 万元、537,498.49 万元，其中，2018 年的流动负债是 441,023.58 万元，非流动负债是 96,474.91万元。所有者权益方面， 2016-2018 年森马服饰的所有者权益总额分别为 999,886.65 万元、1,011,74
8、3.69 万元、1,119,272.98 万元，2018 年的股本为 269,984.77 万元。1.2利润表表格2 2016-2018年度 利润表项目（万元）Table 2 Income Sheets for 2016-20182016 年2017 年2018 年营业总收入1,066,716.571,202,630.001,571,913.15营业收入营业总成本888,747.041,062,769.861,382,537.06营业成本657,489.92775,566.96946,585.64营业税金及附加8,839.238,305.3711,136.74销售费用145,539.34176
9、,343.76257,037.82管理费用55,164.2963,883.0988,621.17财务费用-7,256.04-7,929.45-7,580.07资产减值损失28,970.2946,600.1386,735.76公允价值变动收益938.84投资收益8,668.067,915.3412,705.74对联营和合营企业的投资收益-205.20-207.33123.81其他业务利润3,353.955,001.51营业利润186,637.59151,129.43208,022.20营业外收入2,193.521,148.6120,051.45营业外支出1,254.12898.751,247.5
10、9利润总额187,576.99151,379.29226,826.05所得税费用47,349.4338,331.8558,670.74净利润140,227.56113,047.44168,155.31归属于母公司所有者的净利润142,650.99113,792.93169,362.85少数股东损益-2,423.44-745.49-1,207.53基本每股收益稀释每股收益其他综合收益（损失）-2,403.7532.45-50.15综合收益总额137,823.81113,079.90168,105.16归属于母公司所有者的综合收益140,247.24113,825.38169,312.69归属少数
11、股东的综合收益2016-2018 年森马服饰的营业总收入分别为 1,066,716.57 万元、1,202,630.00 万元、1,571,913.15 万元，营业总成本分别为 888,747.04 万元、1,062,769.86 万元、1,382,537.06万元，净利润分别为 140,227.56 万元、113,047.44 万元、168,155.31 万元。主要利润表项目2018 年，森马服饰的营业收入和营业成本分别为 1,571,913.15 万元、946,585.64 万元， 销售费用、管理费用和财务费用分别为 257,037.82 万元、88,621.17 万元和-7,580.07
12、 万元， 营业利润和利润总额分别为 208,022.20 万元、226,826.05 万元。1.3 现金流量表表格3 2016-2018年度 现金流量表Table 3 Cash Flow Sheets for 2016-2018销售商品、提供劳务收到的现金1,237,370.441,435,891.611,814,544.60收到的其他与经营活动有关的现金23,302.0628,344.0533,437.29购买商品、接受劳务支付的现金877,702.53905,239.171,299,168.58支付给职工以及为职工支付的现金78,185.5394,216.73133,926.96支付的各项
13、税费110,118.07121,170.93121,907.87支付其他与经营活动有关的现金108,935.25124,535.72197,481.36经营活动产生的现金流量85,731.12219,073.1195,497.11收回投资收到的现金772,539.971,521,423.071,836,141.19取得投资收益收到的现金56.7270.371,062.86处置长期资产收回的现金96.051,374.042,613.44购建长期资产支付的现金49,239.3081,602.0649,687.04投资支付的现金757,285.211,627,214.001,636,239.85取得
14、其他营业单位支付的现金17,562.58支付其他与投资活动有关的现金57,201.91投资活动产生的现金流量-33,751.76-185,948.5879,126.11吸收投资收到的现金505.00208.0011,928.62吸收权益性投资收到的现金子公司吸收投资收到的现金5,096.25取得借款收到的现金28,140.14偿还债务支付的现金29,265.56分配股利.利润或利息支付的现金67,038.12100,950.3668,165.49支付其他与筹资活动有关的现金421.132,590.1221,171.77筹资活动产生的现金流量-63,954.24-104,282.48-78,53
15、4.05汇率变动对现金的影响-882.75现金及现金等价物净增加额-11,974.89-71,157.9595,206.42期初现金及现金等价物余额214,591.90202,617.02131,459.06期末现金及现金等价物余额226,665.482018 年，森马服饰的期末现金及现金等价物余额为 226,665.48 万元，其中，经营活动现金及现金等价物余额趋势250,000.00150,000.00100,000.0050,000.00产生的现金流量是 95,497.11 万元，投资活动产生的现金流量是 79,126.11 万元，筹资活动产生的现金流量是-78,534.05 万元。1.
16、4 所有者权益变动表表格4 2016-2018年度 所有者权益变动表Table 4 Changes in Owners Equity Sheets For 2016-2018上期期末余额926,045.08本期期初余额本期增减变动金额73,841.5711,857.04107,529.30所有者投入和减少资本3,259.77-614.017,365.32所有者投入资本4,996.15506.394,955.91股份支付金额-1,736.37-1,120.402,409.41利润分配-67,242.01-100,608.84-67,140.34对股东的分配其他-800.84期末余额所有者权益期末
17、余额变动趋势1,140,000.001,120,000.001,100,000.001,080,000.001,060,000.001,040,000.001,020,000.00980,000.00960,000.00940,000.002会计报表分析2.1资产负债表分析2.1.1水平趋势分析表格5 2018年度 水平分析Table 5 HorizontalAnalysis In 2018变动额变动比影响总资产114,804.7489.23%8.41%53,053.0137.30%3.89%6,885.5051.42%0.50%13,969.44172.71%1.02%203,319.958
18、5.27%14.90%-162,745.69-44.71%-11.93%229,286.9425.62%16.81%1,495.283.54%0.11%-6,045.46-100.00%-0.44%-646.08-64.06%-0.05%-16,868.44-13.34%-1.24%87,046.8478.05%6.38%-59,088.53-69.95%-4.33%33,959.3075.96%2.49%-3,719.76-0.27%15,505.75206.18%1.14%11,653.2039.27%0.85%-128.51-1.06%-0.01%63,163.5913.45%4.63%292,450.5321.44%15,407.39751.58%1.13%0.00%0.05%267,933.14706.73%19.64%-189,806.19-13.91%4,223.0334.26%0.31%17,184.03106.63%1.26%
