这是我们在2017年为英国爱丁堡大学的学生做的一篇accounting年报分析代写的范文，首先介绍文章的大体内容和背景，提出作为英国领先的零售商之一，Marks and Spencer Group plc（M＆S）在全球拥有1300多家店铺。他们的产品包括高品质的食品，自有品牌服装和家居产品，这些产品都在他们的商店和在线提供。

而本文则根据M＆S2016年年度报告，进行比例分析计算。从而得到M＆S的盈利能力在2016年的大概情况。 当然我们也指出本年报分析存在一些缺陷，由于篇幅原因以及从保护客户隐私的角度出发。我们征得学生同意后，节选accounting年报分析代写范文进行展示。

As one of the leading retailers in UK, Marks and Spencer Group plc (M&S) has more than 1300 stores all over the world. Their products include high quality food products, own brand clothing and home products, which are offering both in their stores and online. Their main revenue is based on luxury food products. According to M&S’s annual report (2016), their total revenue achieved £10.4 billion in 2015-2016, in which food revenue accounts £5.4 billion, this accounts 51.9% of total revenue. Besides, clothing and home products’ revenue has £3.9 billion.

Based on M&S annual report (2016), the company showed financial statements of 2016 and 2015, some ratios are calculated as shown in appendix 1. M&S’s profitability decreased in 2016 compares to their profitability in 2015. The gross margin increased a few, and other ratios all decreased a lot. To be more specific, gross margin increased 0.5% from 38.6% in 2015 to 39.1% in 2016. The return on capital employed shows 9.1% in 2016 and 11.5% in 2015, which decreased 2.4%. Return on equity showed 3.4% decrease from 15.2% to 11.8%. Furthermore, operating profit margin decreased 1.3% from 6.8% to 5.5%, and net profit margin decreased from 4.7% to 3.9%, which is a 0.8% drop. The basic reason might be that M&S’s profit decrease significantly in 2016 compares to 2015. Specifically, the profit after tax is £482 million in 2015, and this figure has decreased £78 million to £404 million. Besides, total equity increased £244 million from £3199 million to £3443 million.

The former analysis about financial statements has some limitations exists. First of all, these ratios has been analysed separately, a more accurate analyse can be got by combined analysis on ratios. Besides, these analyses are not related to company’s products and actual situations, which is also a weakness of former analysis. Furthermore, there is not detailed information shown in financial statements, so the analysis must have shortages, which might be deviated from the actual truth. Lastly, some ratios are not reliable, especially the ratios calculated by profit, such as return on equity, because these ratios are very easy to manipulate by companies.

以上便是accounting年报分析代写节选的范文，需要accounting年报分析代写欢迎联系我们。