http://wiki.sseuu.com/index.php?action=history&feed=atom&title=%E6%B5%B7%E8%88%AA%E7%A0%B4%E5%B1%80%EF%BC%9A%E4%BB%8E%E4%B8%80%E8%B7%AF%E9%A3%9A%E8%BF%9B%E5%88%B0%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%EF%BC%8C%E8%83%BD%E5%90%A6%E4%B8%9C%E5%B1%B1%E5%86%8D%E8%B5%B7%EF%BC%9F 2026-05-10T05:49:53Z 本wiki的该页面的版本历史 MediaWiki 1.30.0 http://wiki.sseuu.com/index.php?title=%E6%B5%B7%E8%88%AA%E7%A0%B4%E5%B1%80%EF%BC%9A%E4%BB%8E%E4%B8%80%E8%B7%AF%E9%A3%9A%E8%BF%9B%E5%88%B0%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%EF%BC%8C%E8%83%BD%E5%90%A6%E4%B8%9C%E5%B1%B1%E5%86%8D%E8%B5%B7%EF%BC%9F&diff=104357&oldid=prev 2021-06-15T07:47:05Z

<p>‎<span dir="auto"><span class="autocomment">二、扩张的末路</span></span></p> <table class="diff diff-contentalign-left" data-mw="interface"> <col class="diff-marker" /> <col class="diff-content" /> <col class="diff-marker" /> <col class="diff-content" /> <tr style="vertical-align: top;" lang="zh-CN"> <td colspan="2" style="background-color: white; color:black; text-align: center;">←上一版本</td> <td colspan="2" style="background-color: white; color:black; text-align: center;">2021年6月15日 (二) 07:47的版本</td> </tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l298" >第298行：</td> <td colspan="2" class="diff-lineno">第298行：</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>不过海航扩张带来过多的恶果。</div></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>不过海航扩张带来过多的恶果。</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td></tr> <tr><td class='diff-marker'>−</td><td style="color:black; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>一是利润逐年下滑。</div></td><td class='diff-marker'>+</td><td style="color:black; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins class="diffchange diffchange-inline">===</ins>一是利润逐年下滑。<ins class="diffchange diffchange-inline">===</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>十多年的快速并购之下，海航集团的资产规模快速扩张，营业收入规模也因新资产的纳入而不断增长。</div></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>十多年的快速并购之下，海航集团的资产规模快速扩张，营业收入规模也因新资产的纳入而不断增长。</div></td></tr> <tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l310" >第310行：</td> <td colspan="2" class="diff-lineno">第310行：</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>过快扩张使得海航背上了沉重的包袱，特别是与国家产业政策以及金融政策出现了背离，最终爆发了债务危机。</div></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>过快扩张使得海航背上了沉重的包袱，特别是与国家产业政策以及金融政策出现了背离，最终爆发了债务危机。</div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td></tr> <tr><td class='diff-marker'>−</td><td style="color:black; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div>二是债务危机爆发</div></td><td class='diff-marker'>+</td><td style="color:black; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #a3d3ff; vertical-align: top; white-space: pre-wrap;"><div><ins class="diffchange diffchange-inline">===</ins>二是债务危机爆发<ins class="diffchange diffchange-inline">===</ins></div></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>长期以来，海航集团都维持较高的资产负债率，大规模的举债融资使得企业每年需要支付巨额的财务费用。</div></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>长期以来，海航集团都维持较高的资产负债率，大规模的举债融资使得企业每年需要支付巨额的财务费用。</div></td></tr> </table>

明华 http://wiki.sseuu.com/index.php?title=%E6%B5%B7%E8%88%AA%E7%A0%B4%E5%B1%80%EF%BC%9A%E4%BB%8E%E4%B8%80%E8%B7%AF%E9%A3%9A%E8%BF%9B%E5%88%B0%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%EF%BC%8C%E8%83%BD%E5%90%A6%E4%B8%9C%E5%B1%B1%E5%86%8D%E8%B5%B7%EF%BC%9F&diff=104356&oldid=prev 2021-06-15T07:46:21Z

<p>‎<span dir="auto"><span class="autocomment">3．四处突进</span></span></p> <table class="diff diff-contentalign-left" data-mw="interface"> <col class="diff-marker" /> <col class="diff-content" /> <col class="diff-marker" /> <col class="diff-content" /> <tr style="vertical-align: top;" lang="zh-CN"> <td colspan="2" style="background-color: white; color:black; text-align: center;">←上一版本</td> <td colspan="2" style="background-color: white; color:black; text-align: center;">2021年6月15日 (二) 07:46的版本</td> </tr><tr><td colspan="2" class="diff-lineno" id="mw-diff-left-l130" >第130行：</td> <td colspan="2" class="diff-lineno">第130行：</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>与海航集团的实际控制人为慈航基金不同的是，至今在海南航空控股公司的年报所表明的的实际控制人为海南省国资委。</div></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>与海航集团的实际控制人为慈航基金不同的是，至今在海南航空控股公司的年报所表明的的实际控制人为海南省国资委。</div></td></tr> <tr><td class='diff-marker'>−</td><td style="color:black; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #ffe49c; vertical-align: top; white-space: pre-wrap;"><div><del style="font-weight: bold; text-decoration: none;"></del></div></td><td colspan="2">&#160;</td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"></td></tr> <tr><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>不可否认的是地方政府在海南航空的发展历程中起着非常重要的作用，启动资金是来自于海航省政府的资金。</div></td><td class='diff-marker'>&#160;</td><td style="background-color: #f9f9f9; color: #333333; font-size: 88%; border-style: solid; border-width: 1px 1px 1px 4px; border-radius: 0.33em; border-color: #e6e6e6; vertical-align: top; white-space: pre-wrap;"><div>不可否认的是地方政府在海南航空的发展历程中起着非常重要的作用，启动资金是来自于海航省政府的资金。</div></td></tr> </table>

明华 http://wiki.sseuu.com/index.php?title=%E6%B5%B7%E8%88%AA%E7%A0%B4%E5%B1%80%EF%BC%9A%E4%BB%8E%E4%B8%80%E8%B7%AF%E9%A3%9A%E8%BF%9B%E5%88%B0%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%EF%BC%8C%E8%83%BD%E5%90%A6%E4%B8%9C%E5%B1%B1%E5%86%8D%E8%B5%B7%EF%BC%9F&diff=104355&oldid=prev 2021-06-15T07:45:39Z

<p></p> <a href="http://wiki.sseuu.com/index.php?title=%E6%B5%B7%E8%88%AA%E7%A0%B4%E5%B1%80%EF%BC%9A%E4%BB%8E%E4%B8%80%E8%B7%AF%E9%A3%9A%E8%BF%9B%E5%88%B0%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%EF%BC%8C%E8%83%BD%E5%90%A6%E4%B8%9C%E5%B1%B1%E5%86%8D%E8%B5%B7%EF%BC%9F&amp;diff=104355&amp;oldid=104354">显示更改</a>

明华 http://wiki.sseuu.com/index.php?title=%E6%B5%B7%E8%88%AA%E7%A0%B4%E5%B1%80%EF%BC%9A%E4%BB%8E%E4%B8%80%E8%B7%AF%E9%A3%9A%E8%BF%9B%E5%88%B0%E7%A0%B4%E4%BA%A7%E9%87%8D%E6%95%B4%EF%BC%8C%E8%83%BD%E5%90%A6%E4%B8%9C%E5%B1%B1%E5%86%8D%E8%B5%B7%EF%BC%9F&diff=104354&oldid=prev 2021-06-15T07:39:41Z

<p>创建页面，内容为“[https://finance.sina.cn/stock/ssgs/2021-06-12/detail-ikqciyzi9293856.d.html?from=wap 海航破局：从一路飚进到破产重整，能否东山再起？]”</p> <p><b>新页面</b></p><div>[https://finance.sina.cn/stock/ssgs/2021-06-12/detail-ikqciyzi9293856.d.html?from=wap 海航破局：从一路飚进到破产重整，能否东山再起？]</div>

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