1. SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN
BACHELOR OF QUANTITY SURVEYING (HONOURS)
QSB 3413/QSB3414/FIN60203 FINANCIAL MANAGEMENT
AUGUST 2018 SEMESTER
GROUP ASSIGNMENT
You are required to perform a financial analysis of KEN Holdings Berhad, a company listed on the
Main Market of Bursa Malaysia.
You are to download the latest annual reports of KEN Holdings Berhad. The company’s annual as well
as quarterly reports can be downloaded from the Bursa Malaysia website and also the company’s
website.
Written Report
Using information that you can glean from its annual and quarterly reports, as well as from other
sources such as newspapers, online sources and industry magazines, write a report evaluating the
financial strength of KEN Holdings Berhad. Your report should contain the following information:
(a) A brief background of the company and its development – its establishment, expansion, listing,
shareholders, key management personnel, etc.
(b) The principal activities of the company.
(c) An analysis of the revenue contributions of the different segments of the company.
(d) An evaluation of the current state of the main/major industry or industries in which the company
operates, e.g., the current size of the market, the prospects for future growth, challenges facing the
industry, etc.
(e) An analysis of the company’s strengths and weaknesses.
(f) The company’s strategic plans for seizing opportunities and for facing challenges in its industry.
(g) Identify the company’s major capital investments during its last three financial years and the major
sources of funding for these investments.
(h) Analyze KEN Holdings Berhad’s financial condition for the FY2017, evaluating trends in the last 4
financial years (FY2013, FY2014, FY2015, FY2016) in the company’s
(i) liquidity
(ii) activity
(iii) debt
(iv) profitability, and
(v) market performance (i.e., related to shareholders).
Include the following ratios in your analysis.
1. Current ratio
2. Quick ratio
3. Inventory turnover
2. 4. Average collection period
5. Average payment period
6. Total asset turnover
7. Debt ratio
8. Times interest earned
9. Fixed payment coverage ratio
10. Gross profit margin
11. Operating profit margin
12. Net profit margin
13. Return on total assets
14. Return on common equity
15. Earnings per share (EPS)
16. Price/earnings (P/E)
17. Price/book ratio (P/B)
(l) A clear conclusion and recommendations for improvements or for further investigations on the
financial strength of the company.
(m) All financial data, ratio formulas and calculations of ratios are to be shown in appendices.
PLAGIARISM, WHICH IS AN ATTEMPT TO PRESENT ANOTHER PERSON’S WORK AS YOUR
OWN BY NOT ACKNOWLEDING THE SOURCE, IS A SERIOUS CASE OF MISCONDUCT. ANY
GROUP WHICH PLAGIARISES THEIR WORK WOULD FACE THE PENALTY IMPOSED BY THE
DISCIPLINARY BOARD OF TAYLOR’S UNIVERSITY.
---------------------------- END OF ASSIGNMENT QUESTION ----------------------------
3. ASSIGNMENT GUIDELINES
1. The assignment contributes 30% towards the overall assessment for this module.
2. Assignment deadlines:
Written report : Week 13
3. You must form your own group consisting maximum of 6 members. Once the group is finalized,
changing of groups is not allowed.
4. Please elect a leader for each group. Group leaders are responsible for motivating the group
members to ensure the final report achieves the highest level of quality. Do alert the lecturer/tutor
at the early stages of the assignment if any group member is not contributing towards the group
project.
5. Please include the relevant pages of the annual report that was used for your analysis as
appendices. Do not attach the whole annual report. Marks will be deducted for failing to adhere to
this requirement.
6. The written report must be submitted in MS Word document. Use only the font Times New Roman
or Arial, Size 11, with line spacing of 1.5, printed on A4 sheets. Please use the attached cover page
for your assignment.
7. You must attach the following Assignment Cover Sheet and Assignment Feedback Form to the front
of your assignment. Ensure that you have entered complete details clearly in the cover sheet and
feedback form. Please maintain the formatting of the cover sheet and feedback form when
submitting them.
4. An Assignmentcover sheetneeds to be included with each assignment. Please complete alldetails clearly.
When submitting the printed copy ofthis assignment,please attach this sheetto the frontofyour assignment. When submitting the assignmentonline, please
ensure this cover sheet is included as the first page of your document.
Please check with your subjectlecturer for assignmentsubmission locations.
Names: Student IDs:
Programme: Bachelor ofQuantity Surveying (Honours),SCHOOL OFARCHITECTURE, BUILDING & DESIGN
Email (Group Leader): ContactNo (Group Leader):
Subjectcode and title: QSB3413/QSB3414/FIN60203 FINANCIAL MANAGEMENT
Module Lecturer/ Tutor: Tay Shir Men
Assignmentnumber: Group Written Assignment Due date:
Assignmenttopic as stated in the guidelines provided: Businessand financial analyses and forecasts ofa company.
Further Information: (e.g.state ifextension wasgranted and attach evidence ofapproval and Revised Submission Date)
I have read and understoodthe Taylor’s UniversityRegulationson cheating, plagiarismand collusion and state thatthispiece of work ismyownand does not
contain any unacknowledged work from any other sources.
I authorise the University to test any work submitted by me, using text comparison software, for instances of plagiarism. I understand this will involve the
University or its contractor copying my work and storing it on a database to be used in future to test work submitted by others.
Note: The attachment ofthisstatementon any electronicallysubmittedassignmentswill be deemed to have the same authority as a signed statement.
Signed: Name: Date:
Date received from student: Receivedby:
ASSIGNMENT COVER SHEET
5. A. A feedback form needs to be included with each assignment. Please complete all details clearly.
Student Names and IDs:
Programme: Bachelor ofQuantity Surveying (Honours),SCHOOLOF ARCHITECTURE,BUILDING & DESIGN
Email : ContactNo :
Module code and title: QSB3413/QSB3414/FIN60203 FINANCIAL MANAGEMENT Module Lecturer/ Tutor:
Assignmentnumber: Group Written Assignment Due date: Word Count:
Assignmenttopic as stated in the guidelines provided: Business and financial analysesand forecasts ofa company.
B. This section will be completed by the lecturer/tutor assessing your assignment:
CRITERIA %
DISTINCTION
(7.5-10)
CREDIT
(6-7.4)
PASS
(5-5.9)
MARGINAL
FAIL(4-4.9)
FAIL
(0-3.9) SCORE
Executive summary,
introduction,background
and principalactivities, and
strategic plans ofthe
company
5 # Excellent
Well-researched, objective and
clearly written.
# Good # Fair # Poor # Confusing
Shows little or no research, biased or
irrelevant, lacks clarity.
Industry analysis 10 # Excellent
Relevant, up-to-date and well-
researched.
# Good # Fair # Poor # Erroneous
Irrelevant, outdated, little evidence of
research.
Financialanalysis 70 # Excellent
Accurate calculations ofthe latest
financial data over two years,
comparison with industry data, well-
reasoned analyses.
# Good # Fair # Poor # Erroneous
Multiple errors in calculations
showing lackofunderstanding,fails
to evaluate company by comparing
with relevantindustry data, no
reasoned analysis offinancial data.
Financialforecasts 10 # Excellent
Accurate calculationsand
correct conclusions. Excellent
evaluation of theprojectedcash
requirements.
# Good # Fair # Poor # Erroneous
Multipleerrorsin calculations
showing lackof understanding.
Forecasts withoutany basisor
justification. Missing or invalid
conclusionsand analyses.
Structure andpresentation,
language, reference of
sources
5 # Excellent
Excellentheadings/sub-headings,
layout, pagination. Excellent
grammar, spelling.Effective/accurate
use offigures and tables. Excellent
references ofsources.
# Good # Fair # Poor # Erroneous
Inappropriate or no headings, poor
and confusing layout, innappropriate
or no numbering. Weak grammar,
many spelling mistakes,
ineffective/inaccurate use offigures
and tables. Poor or no references of
sources.
Penalty
Total (100%)
Final score (25%)
Any additionalcomments(if there is any):Comments:
Assessed by: Date:
Sample Moderated by (ifany): Date:
ASSIGNMENT FEEDBACK
GRADE/ MARK
6. Marking Criteria for Assignment
% Task details
DISTINCTION
(75-100)
CREDIT
(60-74)
PASS
(50-59)
MARGINAL FAIL
(40-49)
FAIL
(0-39)
Executive
summary,
introduction,
backgroundand
principal
activities, and
strategicplans of
the company
5 Remember that this
should be a report and
should be presented in a
professional report format.
Presentation should
include tables/graphs to
enhance
understandability.
# Excellent
Well-researched, impressive
choice and range of relevant
information, objective and
clearly written.
# Good
Good level of research,
covers all the mainpoints,
objective,
# Fair
Fair level of research,
missing some important
relevant information, some
errors/omissions.
# Poor
Poor effort in research,
missing relevant information
or containswrong/outdated
information.
# Inadequate
Shows little or no research,
biased or irrelevant, lacks
clarity.
Industry analysis 10 You are expected to
research the industry in
which the company
operates to give context to
your financial analysis.
# Excellent
Relevant, up-to-date and
well-researched, outstanding
level of detail.
# Good
Good level of relevant
information, current and
appropriate.
# Fair
Fair level of appropriate
information, some outdated
or errors, somewhat
incomplete.
# Poor
Poor effort in researching
the industry, some irrelevant
or outdated info,
# Inadequate
Irrelevant, outdated, little
evidence of research.
Financial analysis 70 This includes accurate
calculations of relevant
ratios and analyses of
trends in tables/graphs.
Comparison should be
made to competitors
and/or industry averages.
Analyses and evaluations
should be made in the
context of the current
industry climate.
# Excellent
Accurate calculationsof the
latest financial data over 5
years, comparison with
industry data, well-reasoned
analyses. Excellent analysis
of trends.
# Good
Accurate calculation of
relevant ratiosfor 5 years,
good analysesof ratiosand
trends, comparison with
industry data or competitors.
# Fair
Fairly accurate calculation of
relevant ratios, fair
description of trends, lacking
comparison with industry
data or competitors.
Containssome errors or
omissions.
# Poor
Errors in calculations
showing lackof
understanding, weak/limited
analyses.
# Inadequate
Multipleerrorsin
calculationsshowing lackof
understanding, failsto
evaluate company by
comparing withrelevant
industry data, no reasoned
analysisof financial data.
Financial
forecasts
10 Accurate calculations of
forecast income statement
and any required external
funding or surplus cash.
# Excellent
Accurate calculationsand
correct conclusions.
Excellent evaluation of the
projected cash
requirements.
# Good
Accurate calculationsand
correct conclusions. Good
evaluation of theprojected
cash requirements.
# Fair
Fairly accurate calculations
with conclusion thatlack
some clarity and analysis.
# Poor
Some major errorsin
calculations, poor or
inaccurate
conclusions/analyses.
# Inadequate
Multipleerrorsin
calculationsshowing lackof
understanding. Forecasts
withoutany basisor justification.
Missing or invalid
conclusionsand analyses.
Structure and
presentation,
language,
reference of
sources
5 Professional writing and
presentation, including
good page layout, use of
headers, pagination,
organisation of sections,
reference of sources,
inclusion of relevant
details in notes and
appendices.
# Excellent
Excellent headings/sub-
headings, layout, pagination.
Excellent grammar, spelling.
Effective/accurate use of
figuresand tables. Excellent
referencesof sources.
# Good
Good use of headings,
layout isclear, good
pagination, some use of
table/graphsto illustrate
trends. Good reference of
sources.
# Fair
Layout that isfairly readable
with appropriatepagination,
some spelling and
grammatical errors, lacking
logical flow in some parts,
effective use tables/graphs
to illustrate main points.
# Poor
Lacking appropriate
headings/subheadings, poor
paragraphing, many spelling
and grammatical errors,
lacking logical flow inmany
parts.
# Inadequate
Inappropriate or no
headings, poor and
confusing layout,
inappropriate or no
numbering. Weakgrammar,
many spellingmistakes,
ineffective/inaccurate use of
figuresand tables. Poor or
no referencesof sources.
