This document provides an analysis of the financial ratios and share price of LBS Bina Group Berhad from 2012-2013 and in 2015. It finds that the company's profitability, as measured by ratios like return on equity and net profit margin, improved from 2012 to 2013. However, its liquidity declined over this period as working capital ratio decreased. When comparing the company's share price to the FTSE Bursa Malaysia KLCI index from January to December 2015, the company outperformed the market in some periods but underperformed in others. Overall, the document presents a mixed picture of the company's financial performance and investment potential relative to the broader market.
This slide will help institutions/organization on how best to engage the media in order to cover your events which will yield or generate media attention for your outfit to reach the apex in whatever you are aiming at.!!!!
This slide will help institutions/organization on how best to engage the media in order to cover your events which will yield or generate media attention for your outfit to reach the apex in whatever you are aiming at.!!!!
Building with Watson - Interpreting Language Using the Natural Language Class...IBM Watson
What is the Natural Language Classifier API? How can it enhance you current app development efforts? Rahul Garg, a Strategy and Offering Manager focused on NLC, walks through this unique API. Also receive specific examples on how to train and call the classifier.
Watch the live replays and learn how to build cognitive apps using other Watson APIs during our Building With Watson web series: https://www.ibm.com/smarterplanet/us/en/ibmwatson/building-with-watson-webinar.html
Cargills (Ceylon) PLC & Nestle Lanka PLC financial position and the performa...Dulakshi Ranadeera
Chapter 1
1.1. Earnings per Share
1.2. Dividend per Share…
1.3. Market Value…
1.4. Cash Flow
1.5. Profitability Ratios
1.6. Net Asset per Share
1.7. Solvency Ratios
1.8. Liquidity Position
2. Chapter 2
2.1. Nestle Lanka
2.1.1. The level of the corporate governance and legal procedure of the company
2.1.2. Compliance for legal procedure
2.1.3. Employee relations and relationship with shareholders
2.1.4. Social Responsibilities of the organization
2.1.5. Share information
2.1.6. Market share Percentage
2.2. Cargills (Ceylon) PLC
2.2.1. The level of the corporate governance and legal procedure of the company
2.2.2. Compliance for legal procedure
2.2.3. Employee relations and relationship with shareholders
2.2.4. Social Responsibilities of the organization
2.2.5. Share information
2.2.6. Market share Percentage
Chapter 3
1282019 Unit 7 Assignment - MT140 Introduction to Management.docxdrennanmicah
1/28/2019 Unit 7 Assignment - MT140 Introduction to Management
https://purdueglobal.brightspace.com/d2l/le/content/76155/viewContent/6507023/View 1/2
This assignment consists of reading the following business
management scenario and composing a paper regarding
the use of teamwork to resolve a management problem.
This Assignment will be used to assess the following
Course Outcome MT140-1: Describe solutions to
management problems.
You are an owner and executive level manager of a
business with eight locations. Your strategic goal is to
expand this business over the next 5 years. While you are
pleased with the past performance of the business overall,
you have spent a great deal of time over the previous
months visiting the eight locations and addressing issues
and concerns of the various employees and location
managers. It has become obvious to you that you are
unable to devote the time and energy necessary to focus on
necessary executive level activities to take the business to
the next level. All of your time seems to be spent addressing
small problems within the existing locations. You have heard
that other businesses have successfully used a team
approach to management with good results. You have
decided to examine this option for your business, managers,
and employees.
After reading the scenario above and the section on self-
managed teams in your assigned textbook readings,
compose a paper in which you explain the difference
between traditional and team working environments. Then
explain how effective self-managed teams could be built
and successfully implemented within your business. Finally,
describe how these teams could contribute to the overall
effectiveness of your business.
Minimum Submission Requirements:
Your Assessment paper should be at least 2 full double-
spaced pages in length, using size 12-point font in
Assignment Details
1/28/2019 Unit 7 Assignment - MT140 Introduction to Management
https://purdueglobal.brightspace.com/d2l/le/content/76155/viewContent/6507023/View 2/2
spaced pages e gt , us g s e po t o t
Microsoft® Word®.
Be sure your paper is well written in paragraph form, with
correct spelling grammar and punctuation
Instructions:
· This is a group assignment with only 4 members. As discussed and explained in the class, this assignment is a Case study.
· The students should read and analyze the Case study and submit their report.
· The report should contain the following:
The Assignment should cover the following points:
1. Brief Overview (Describe the Company and issues discussed)
1. Situation Analysis (SWOT)
SMU Classification: Restricted
SMU366
CITY DEVELOPMENTS LIMITED: A JOURNEY IN SUSTAINABLE
BUSINESS DEVELOPMENT
Companies with sustainability in their DNA are more resilient and make a better business
model for success and long term growth. In the mid-1990s, building sector was seen as
‘destroying before constructing’, CDL as a pioneering de.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
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Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
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The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
NO1 Uk Black Magic Specialist Expert In Sahiwal, Okara, Hafizabad, Mandi Bah...Amil Baba Dawood bangali
Contact with Dawood Bhai Just call on +92322-6382012 and we'll help you. We'll solve all your problems within 12 to 24 hours and with 101% guarantee and with astrology systematic. If you want to take any personal or professional advice then also you can call us on +92322-6382012 , ONLINE LOVE PROBLEM & Other all types of Daily Life Problem's.Then CALL or WHATSAPP us on +92322-6382012 and Get all these problems solutions here by Amil Baba DAWOOD BANGALI
#vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore#blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #blackmagicforlove #blackmagicformarriage #aamilbaba #kalajadu #kalailam #taweez #wazifaexpert #jadumantar #vashikaranspecialist #astrologer #palmistry #amliyaat #taweez #manpasandshadi #horoscope #spiritual #lovelife #lovespell #marriagespell#aamilbabainpakistan #amilbabainkarachi #powerfullblackmagicspell #kalajadumantarspecialist #realamilbaba #AmilbabainPakistan #astrologerincanada #astrologerindubai #lovespellsmaster #kalajaduspecialist #lovespellsthatwork #aamilbabainlahore #Amilbabainuk #amilbabainspain #amilbabaindubai #Amilbabainnorway #amilbabainkrachi #amilbabainlahore #amilbabaingujranwalan #amilbabainislamabad
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)
Accounting report
1. 1 | P a g e
SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN
FOUNDATION IN NATURAL AND BUILT ENVIRONMENT
Assignment: FinancialRatio Analysis
Company Name: LBS
Group Members:
Michelle Tung Man Kaye 0324175
Boon Li Ying 0323839
Lee Xin Ying 0322432
Basic Accounting (ACC30205)
Lecturer: Ms. Tay Shir Men
Submission Date: 4th
February
2. 2 | P a g e
Table of Content
Contents Page
Brief History of LBS 3
Recent Development 4
Profitability Ratio (Year 2012 & 2013) 5 - 6
Liquidity Ratio (Year 2012 & 2013) 6
Stability Ratio (Year 2012 & 2013) 7
Price Earning Ratio (Year 2012 & 2013) 8
Share Price (Current share price) 9 - 11
Investment Recommendation 12
Appendices 12 – 19
References 20
3. 3 | P a g e
Brief History of LBS
This company was founded by Dato’ Seri Lim on June 29, 2000 and is
headquartered in Petaling Jaya, Malaysia. He was appointed as the Chairman of
LBS Bina Group Berhad on 6 December 2001. He was initially involved in the
supply and transportation ofsand, aggregates, earth and ball clay for construction
of infrastructure works such as earthworks, sewerage works, roads and drainage.
Subsequently, he ventured into construction of houses, shops and factory
buildings. LBS Bina Group Berhad is a prominent propertydeveloper in Malaysia.
Having been around for more than 20 years, LBS Bina has built a strong
reputation for developing high quality properties all over Malaysia and abroad.
LBS would then expand further in 1992 when it ventured into the property
development sector through the Jelapang Maju Light Industrial Park in Perak. .
That would be the springboard to more projects as LBS continued to grow
exponentially. Before long, the company was undertaking several large projects
including its flagship projects like the Taman Perindustrian Bukit Serdang
Seksyen 14, Taman Pinggiran Putra and the very popular Bandar Saujana Putra,
which was a mega project. Since then, LBS has continued to expand and grow
where it is among the primary players in the Malaysian market while it is
expanding further outside the country into China, seen as one of the most
challenging markets in the world. Today, LBS is involved not only in property
development but in several other related areas like property management,
building materials and landscaping, among others.
LBS Bina Group Bhd. is a management and investment holding company,
which engages in the property development business. It operates through the
following segments: PropertyDevelopment, Management & Investment, Trading
& Others, Construction, and Racing Circuit. The Property Development segment
develops residential, industrial and commercial properties. The Management &
Investment segment focuses oninvestment holding and provision of management
services. The Trading & Others segment involves in trading of building material,
insurance agent, and selling ofmembership and covering insurance products. The
construction segment undertakes in the building, project planning and
implementation contracting activities.
4. 4 | P a g e
Recent Development
Property developer LBS Bina Bhd is targeting to achieve sales worth
RM1bil from 12 projects with a gross development value of RM1.7bil to be
launched in 2015. These are mainly residential properties, priced at below
RM500,000 a unit, located in in the Klang Valley, Pahang and Johor. LBS Bina
managing director Datuk Sri Lim Hock San added the company would ascertain
there is no delay in the land approval of projects this year compared to last year
as it can drag LBS’s revenue.
For the current year, Lim pointed out that the properties to launch would
comprise of both residential and commercial properties of 81% and 19%
respectively, adding that more than half of the residential properties would be
priced below RM500,000.
Moreover, Lim noted that the company would be launching projects with
a GDV of RM6bil in the next three year in Selangor, Pahang and Johor
comprising of both residential and commercial projects. “We are confident and
bullish with the new launches over the next three years,” he said.
The company’s property sales jumped 38% to RM234mil for first quarter
ended March 31, 2015, from RM169mil in the corresponding quarter a year ago
due to BSP21 sales that contributed about 68% of total sales.
5. 5 | P a g e
Profitability Ratio (Year 2012 & 2013)
Profitability Ratios 2012 2013 Interpretation
Return On Equity (ROE)
𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑂/𝐸
× 100%
39,003,430
516,690,656.5
× 100%
= 7.5 %
397,323,654
699,735,858
× 100%
= 56.8 %
ROE in year
2013(56.8%) is
higher than year
2012(7.5%), show
that the business,
LBS is earning a
higher return on the
capital in 2013.
Net Profit Margin Ratio
(NPM)
𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡
𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠
× 100%
39,003,430
509,644,355
× 100%
= 7.7 %
397,323,654
533,532,722
× 100%
= 74.5 %
NPM in year
2013(74.5%) is
higher than year
2012(7.7%), show
that the business’
overall expenses are
lower and controlled
better in 2013
compare to 2012.
This resulting in
high net profit for
the business in 2013.
Gross Profit Margin Ratio
(GPM)
𝐺𝑟𝑜𝑠𝑠 𝑃𝑟𝑜𝑓𝑖𝑡
𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠
× 100%
146,227,906
509,644,355
× 100%
= 28.7 %
168,577,154
533,532,722
× 100%
= 31.6 %
GPM in year
2013(31.6%) is
higher than year
2012(28.7%), show
that the cost of goods
sold expense is in
well managed in
2013 compare to
2012.
General Expenses Ratio
(GER)
𝑇𝑜𝑡𝑎𝑙 𝐺𝑒𝑛𝑒𝑟𝑎𝑙 𝐸𝑥𝑝𝑒𝑛𝑠𝑒𝑠
𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠
× 100%
67,470,147
509,644,355
× 100%
= 13.2 %
85,596,945
533,532,722
× 100%
= 16 %
GER in year
2013(16%) is higher
than year
2012(13.2%), this
means that general
expenses are not in
well managed and
resulting in a lower
NPM.
6. 6 | P a g e
Financial Expenses Ratio
(FER)
𝑇𝑜𝑡𝑎𝑙 𝐹𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝐸𝑥𝑝𝑒𝑛𝑠𝑒
𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠
× 100%
18,457,247
509,644,355
× 100%
= 3.6 %
15,170,850
533,532,722
× 100%
= 2.8 %
FER in year
2013(2.8%) is lower
than year
2012(3.6%), this
means that financial
expenses are in well
managed and
resulting in a higher
NPM.
Liquidity Ratio (Year 2012 & 2013)
Liquidity Ratio 2012 2013 Interpretation
Working Capital Ratio
(WCR)
𝑇𝑜𝑡𝑎𝑙 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡
𝑇𝑜𝑡𝑎𝑙 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠
927,829,389
520,720,661
= 1.8 : 1
925,492,766
609,599,483
= 1.5 : 1
For every RM1 of
current liability in
the year 2013, LBS
has RM1.5 of
current assets to
pay for it.
During year 2012-
2013, the WCR has
decreased from
1.8:1 to 1:5:1. This
means that the
business will
experience more
difficulty in
repaying its current
liabilities compare
to 2012.
7. 7 | P a g e
Stability Ratio (Year 2012 & 2013)
Stability Ratios 2012 2013 Interpretation
Total Debt Ratio (TDR)
𝑇𝑜𝑡𝑎𝑙 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠
𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠
× 100%
908,176,834
1,435,008,317
× 100%
= 63.3 %
1,137,172,437
2,009,812,670
× 100%
= 56.6 %
During year 2012-
2013, TDR has
decreased from
63.3% to 56.6%.
This means that
assets contributed
by the business is
increased in 2013
compare to 2012.
Inventory Turnover Ratio
(ITR)
365 ÷
𝐶𝑜𝑠𝑡 𝑜𝑓 𝐺𝑜𝑜𝑑𝑠 𝑆𝑜𝑙𝑑
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐼𝑛𝑣𝑒𝑛𝑡𝑜𝑟𝑦
365
÷
363,416,449
15,721,777.5
= 15.8 days
365
÷
364,955,568
18,084,313
= 18.1 days
During year 2012-
2013, ITR has
increased from
15.8 days to 18.1
days. This means
that this business
sold its goods
slowly and
generated less cash
to pay its liabilities
in 2013 compare to
2012.
Interest Coverage Ratio
(ICR)
𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝐸𝑥𝑝𝑒𝑛𝑠𝑒 +
𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡
𝐼𝑛𝑡𝑒𝑟𝑒𝑠𝑡 𝐸𝑥𝑝𝑒𝑛𝑠𝑒
÷
18,457,247 +
39,003,430
18,457,247
= 3.1 times
15,170,850 +
397,323,654
15,170,850
= 27.2 times
During the year
2012-2013, ICR
has increased from
3.1 times to 27.2
times. This show
that the business’
ability to pay off its
interest expense is
higher in 2013
compare to 2012.
8. 8 | P a g e
Price Earning Ratio (P/E Ratio, Year 2012 & 2013)
Price Earning Ratio 2012 2013 Interpretation
P/E Ratio
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝑆ℎ𝑎𝑟𝑒 𝑃𝑟𝑖𝑐𝑒
𝐸𝑎𝑟𝑛𝑖𝑛𝑔𝑠 𝑃𝑒𝑟 𝑆ℎ𝑎𝑟𝑒
1.35
9.70
= 0.14 years
1.35
96.09
= 0.01 years
The P/E ratio measures
how expensive a share
is. The share price in
2013 (0.01 times) is
less expensive
compare to 2012 (0.14
time). This means the
investor will have to
wait longer in 2012
which is 0.14 years to
claim back his original
principal. While in
2013, an investor will
need to wait a shorter
time which is 0.01
years to recoup his
investment.
9. 9 | P a g e
Share Price (Current Share Price)
LBS Bina Group Berhad (5789.KL)
FTSE Bursa Malaysia KLCI (^KLSE)
Based on the graph above, it shows that the share price for LBS Bina Group
Berhad and index for FTSE Bursa Malaysia KLCI. Before determining whether
to invest in either in a company or an overall market share KLCI, which company
has a better percentage over the time period from 1st January 2015 to 31st
10. 10 | P a g e
December 2015 must be understood. Hence, we will compare 5 different points
from the graphs to determine the performance of them in the same time period.
The first point that we compare between LBS Bina Group Berhad and
FTSEBursa Malaysia KLCI are on22nd January 2015 and 30th January 2015. The
share price for LBS Bina Group Berhad on 22nd January 2015 is 1.6500 whereas
the index for FTSE Bursa Malaysia KLCI is 1781.75. On 30th January 2015, the
share price for LBS Bina Group Berhad is decreased to 1.5400 and the index for
FTSEBursa Malaysia KLCI is decreased to 1781.26. The decreaseof share price
is (1.5400 – 1.6500) / 1.6500 = -0.07%, whereas the index changes is (1781.26 –
1781.75) /1781.75 = -0.0003%. This shows that the performance ofthe LBS Bina
Group Berhad is worse than the FTSEBursa Malaysia KLCI.
The second point we chose to compare between LBS Bina Group Berhad
and FTSEBursaMalaysia KLCI is on6th May 2015 and 19th May 2015. The share
price for LBS Bina Group Berhad on 6th May 2015 is 1.5600 whereas the index
for FTSEBursa Malaysia KLCI is 1820.97. The share price of LBS Bina Group
Berhad on 19th May 2015 is increased to 1.6800 and the index for FTSE Bursa
Malaysia KLCI is decreased to 1809.72. The increase of share price is (1.6800 –
1.5600) / 1.5600 = 0.08% and the decrease of the index is (1809.72 – 1820.97) /
1820.97 = -0.006%. Hence, the performance of LBS Bina Group Berhad during
this period is better than FTSEBursa Malaysia KLCI.
The third point is on 7th July 2015 and 24th July 2015. LBS Bina Group
Berhad’s share price on 7th July 2015 is 1.6000 while FTSE Bursa Malaysia
KLCI’s index is 1712.30. On 24th July 2015, the share price of LBS Bina Group
Berhad is decreased to 1.4700 and the index for FTSE Bursa Malaysia KLCI is
increased to 1720.76. The share price is decreased (1.4700 – 1.6000) / 1.6000 = -
0.08% and the index is increased (1720.76 – 1712.30) / 1712.30 = 0.005%. As
such, the performance of LBS Bina Group Berhad is worse than FTSE Bursa
Malaysia KLCI this time.
The fourth point that we compare between LBS Bina Group Berhad and
FTSE Bursa Malaysia KLCI is on 6th August 2015 and 1st September 2015. The
share price forLBS Bina Group Berhad on6th August 2015 is 1.4800 whereas the
11. 11 | P a g e
index for FTSE Bursa Malaysia KLCI is 1694.64. The share price of LBS Bina
Group Berhad is decreased to 1.2800 on 1st September 2015 and the index for
FTSEBursa Malaysia KLCI is decreased to 1609.21. The decreaseof share price
is (1.2800 – 1.4800) / 1.4800 = -0.14% and the decrease of the index is (1609.21
– 1694.64) / 1694.64 = -0.05%. As a result, the performance of LBS Bina Group
Berhad during this period is worse than FTSE Bursa Malaysia KLCI.
The last point we choseto compare between LBS Bina Group Berhad and
FTSEBursa Malaysia KLCI is on 23rd September 2015 and 7th October2015. On
23rd September 2015, the share price of LBS Bina Group Berhad is 1.5100 while
the index for FTSE Bursa Malaysia KLCI is 1613.17. The share price of LBS
Bina Group Berhad is decreased to 1.4100 on 7th October 2015 and the index for
FTSEBursa Malaysia KLCI is increased to 1689.25. The decrease of share price
is (1.4100 – 1.5100) / 1.5100 = -0.07% while the increase in index is (1689.25 –
1613.17) / 1613.17 = 0.05%. Hence, the performance ofLBS Bina Group Berhad
is worse than FTSEBursa Malaysia KLCI.
By comparing the LBS Bina Group Berhad with the FTSEBursa Malaysia
KLCI, LBS Bina Group Berhad is continuous dropping, while FTSE Bursa
Malaysia KLCI is increasing although it also has sometime is dropped, butnotas
bad as LBS Bina Group Berhad. Moreover, the 5 points that we compared have
been calculated, shown that LBS Bina Group Berhad is not recommended for
investing in because the business’ performance is not stable.
12. 12 | P a g e
Investment Recommendation
According to LBS Bina Group Berhad’s profitability ratio, the return on
equity (ROE), net profit margin (NPM) and gross profit margin (GPM) has
improved and showed positive signs for the business. Even though the general
expenses ratio (GER) is increased from year 2012 to year 2013, but the financial
expenses ratio (FER) is decreased, so the overall profit has indicated that the
business is doing sufficiently. Next, the ability ofLBS Bina Group Berhad to pay
off its current liabilities had decreased from 1.8 : 1 to 1.5 : 1. This show that the
business will experience difficulty in repaying its current liabilities. Besides that,
LBS Bina Group Berhad’s total debt ratio (TDR) showed that its total debt has
decreased by 6.7%, making it 56.6% in 2013. This means that the assets funded
by liabilities is decreased compare to 2012. Although the business has improved
in its TDR, but it still higher than 50%. TDR below 50% can ensure that the
business will not have a higher risk of bankruptcy. Thus, the inventory turnover
ratio (ITR) is increased from 15.8 days to 18.1 days. This means that the business
has taken a longer period of time to sell its goods, so theyare taking a longer time
to generate limited cash. This is making the business is more difficult to pay off
its liabilities. Moreover, LBS Bina Group Berhad’s interest coverage ratio (ICR)
has also shown an improvement in the business’ ability to payits interest expense.
LBS Bina Group Berhad earned more profit in 2013 compared to 2012.
Subsequently, the company has indicated a decent profitability and financial
stability and its shares are applicable at a lower price to warrant an investment.
An investor will only need to wait for a short period of time that is 0.01 years
(0.12 months) as of 2013 to recoup his investment. Furthermore, LBS Bina Group
Berhad has shown good promise in terms of their growth in revenue as the
company has proven to be a stable company. So, the share is more worthy to
invest.
However in the year 2015, the graph from LBS Bina Group Berhad and
FTSEBursa Malaysia KLCI shows that the business, LBS Bina Group Berhad is
not making profit and continuous dropping. On the other hand, the market, KLCI
is generating profit during the year. As a result, LBS Bina Group Berhad is not
recommended to invest in now based on the graph from 2015.
13. 13 | P a g e
Appendices
2012
Profit and Loss Statement
20. 20 | P a g e
References
1. Property developer LBS Bina eyes RM1bil sales – Business News, The Star Online.
(n.d.). Retrieved January 27, 2016, from
http://www.thestar.com.my/business/business-news/2015/04/04/property-developer-
lbs-bina-eyes-rm1bil-sales/
2. LBS Bina to launch RM6b projects over next 3 years, says managing director,
theSundaily. (n.d.). Retrieved January 27, 2016, from
http://www.thesundaily.my/news/1375620