四氧化三锰是电子工业生产备制锰锌铁氧体软磁材料的重要原 料之一,广泛应用于通信!声像设备!开关电源和磁头工业等JK 公司是国内最早研发生产该产品的单位,在十几年的生产经营中,年 产能达到30000吨,国内市场占有率在60%以上,已成为国内该行业 的龙头企业在国内四氧化三锰工业进入成熟期!竞争日趋激烈的市 场中,企业规模效应和成本效应越发显示其重要性,企业适度进行扩 张是巩固其在行业中已形成的优势地位的必要选择JK公司经过项 目机会研究拟在公司原有生产规模基础上,新增投资年产10000吨四 氧化三锰项目,本文所做的项目可行性研究是其决策的依据之一 本文利用盈利能力分析法!偿债能力分析法!敏感性分析法!盈 亏平衡分析方法等相关财务经济评价方法,通过对拟投资的年产 10000吨四氧化三锰项目的市场分析!实施方案分析!投资估算和资 金筹措分析!财务效益评价!风险与对策分析等方面进行了全面的分 析论证,证明该项目从技术上!经济上是可行的在本项目的可行性 分析中,注重从经济可行性!风险性等方面论证项目的研究得出了 较强的实施可行性的结论,本研究成果为JK公司年产10000吨四氧 化三锰项目投资决策提供了基础 关键词四氧化三锰生产项目,可行性研究,财务评价,风险ABSTRA.CT ManganousManganieOxide(Mri3O4)15animPortantbasicraw materialforMn一ZnsoftferriteaPPlicationswhieh15widelyusedin communieation,theandioandvideoequiPment,Powerswitchand magneticheadindustry,ete.JKComPany15thefirsteomPanyinChina todeveloPandProdueeeatalystalloy,andownsannualProduetion caPacityof30,000metrietonswiththemarketshareof60%whieh makesittheleadingeomPanyinthisindustry.Inthemarket一oriented economywhich15characterizedofmatureandincreasinglyseverer comPetition,theenterprisescaleeffectandcosteffectbecomemoreand moreimPortant.TheenterpriseeXPansion15theneeessarychoiceforits eonsolidationoftheadvantagesintheindustry.JKComPanyhasdecided toincreasetheinvestmentonannualProduetioncaPacityof10,000tons Mn3O;ProjeetbasedontheoriginalProduetiondimensionbyitschance research.Thefeasibilityresearchofthisthesis15oneofthedecision WaffafltS. Thisthesis15basedonadvaneedmaturePayoffabilityanalytieal method,dePtrePayabilityanalyticalmethod,sensitivityanalytical method,andProfitand1055balaneeanalyticalmethod.Throughthe marketanalysis,theProfits15estimated.几sk15analyzedandothers asPeetsarestudied,coneludingthefeasibilityofannualProduetion eaPacityof10000tonsMn3O4itemteehnicallyandeconomically.ThiS researchhadPaidmuehattentiontothefeasibilityofeffieiency evaluationandriskanalysisandhasdrawnastrongimPlementation feasibleeonclusionwhichProvidesinvestmentbasisfortheProjectofthe annualProductioncaPacityof10,000tonsMn3O4ofJKComPany. KEYWORDS feasibilityresearch ManganousManganieOxidemanufaetureitem finaneialestimation,riskestimation目录 摘要..................................................,.............................................................I ABSTRACT..............,......................................................................................n 第1章导论...............................!...................................................................1 1.1选题背景....................................................,........................................1 1.2文献综述......,.........................................................................,......2 1.2.1可行性研究理论综述.....................................................................2 1.2.2规模经济理论.....................................,...................................13 1.3本文研究方法.....................................................................................15 1.4报告主要内容及结构.............................................................................巧 第2章项目市场分析.,........,...,二,二,二........................................17 2.1JK公司基本情况简介.....,..............................................,....,...17 2.2四氧化三锰行业国外发展情况.............................................................19 2.3四氧化三锰行业国内发展情况.............................,.........................21 2.4磁性材料的市场前景.............................................................................22 2.5市场需求分析及主要竞争对手情况............................,..................27 2.5.1市场需求分析........................................................................,27 2.5.2主要竞争对手情况...........................................................,.....28 第3章项目实施方案.........................................................................................30 3.1项目生产规模及方案的确定.................................................................30 3.2项目工艺路线..,................................................,.........................30 3.3主要设备及车间选址................................................................,......31 3.3.1主要设备.......................................................................................31 3.3.2车间选址.......................................................................................32 3.4所需原材料及辅助材料...............,.......,.....................................33 3.5工厂的组织与人员编制............................................................,......33 3.6项目实施内容及进度安排.....................................................................34 3.7环境保护措施..........,........................................................................36 第4章项目投资估算和财务分析.....................................................................38 4.1总投资估算..........................................................................,............38 4.1.1固定资产投资..,....,......,......................................384.1.2流动资金.........,......................................,..............,.....38 4.1.3项目总投资...........................................................,.................38 4.1.4资金使用计划及资金筹措..............................................,......39 4.2项目财务预测.........................................................................................40 4.2.1项目计算期!折旧及摊销费..................................................,.,40 4.2.2销售收入和销售税金及附加.......................................................40 4.2.3产品成本费用二,二,............,......................................................41 4.2.4利润及利润分配...........................................................................41 4.3编制现金流量表..,............................................................................41 4.4赢利能力分析....................................................................,..........42 4.4.1静态财务指标分析......................................................................,42 4.4.2动态财务指标分析......,..........................................................43 4.5偿债能力分析.................,.................................................................43 4.6不确定性分析..........................................................,........................44 4.6.1盈亏平衡分析...............................................................................44 4.6.2敏感性分析...................................................................................44 第5章项目风险与对策分析.....................................................................,二,46 5.1主要风险.....................,.....................................................................46 5.1.1政策风险二,....................................................................................46 5.1.2行业风险................................................................,................46 5.1.3经营风险...................................................,........,..............47 5.2主要风险对策.........................................................................................47 5.2.1政策风险的对策.............,.......................................................47 5.2.2行业风险的对策.........,...........................................................47 5.2.3经营风险的对策..........................................................,..........48 结束语.................,............,........................................................................49