【摘要】 经营活动现金流量反映了企业经营活动中创造现金的能力。较之营业利润,能更客观的反映出企业的盈利能力与偿债能力。由于计量基础不同,经营活动现金流量和营业利润在数量上并不相等,两者的差异主要表现在折旧以及应收应付款项的变动上。单纯地依靠分析盈利能力指标,进而得出公司盈利能力强弱的结论必然是片面的。正确判断公司的盈利能力必须结合经营活动现金流量的分析；反映偿债能力的指标由于存在人为因素有时会有一些“虚”,只有结合经营活动现金流量来分析,才能准确把握公司偿债能力的强弱。更多还原

【Abstract】 ;The operating cash flow reflects an enterprise’ s capability of making profit in cash in operating activites. Compared with the profit on operation, the management cash flow can reflect an enterprise’ s ability of making profit and irnbursement. Because of the differece in the metology system, the operating cash flow and the profit on operation are not equal. And the difference between the two mainly displays in the alteration of items of depreciation and the receivable/payable account. It would be an inevitably unilateral conclusion on an enterprise’ s ability in making profit if the analysis were simply based on the index of that ability. A precise judgment on an enterprise’ s ability of making profit must also involve the analysis of the operating cash flow. And the imbursement ability will not be accurately reflected without the analysis of the operating cash flow, for the reason that the index of the imbursement a-bility would, sometimes, be "false" for artifical factors.更多还原