The document provides an analysis of financial ratios for Amway (Malaysia) Holdings Berhad for 2013 and 2014. It includes ratios to measure profitability, stability, liquidity and efficiency. The profitability ratios such as return on equity, net profit margin and gross profit margin decreased from 2013 to 2014, indicating worsening performance. Stability ratios like working capital and total debt also showed a decline or increase respectively, suggesting weaker financial stability. Inventory and debtor turnover improved, meaning faster inventory sales and collections. Overall, the ratios analysis reveals a drop in Amway's financial performance and stability from 2013 to 2014.
The document provides an analysis of financial ratios for Amway (Malaysia) Holdings Berhad for the years 2013 and 2014. It includes ratios to measure profitability, expenses, stability, inventory turnover, and debtor turnover. The ratios show that profitability, margins, and ability to control expenses declined from 2013 to 2014, while debt levels and inventory turnover times increased. Overall, the ratios indicate the company's financial performance weakened over the period analyzed.
Malaysia Steel Works (KL) Berhad was founded in 1971 as a steel manufacturer in Malaysia. Over the years, it has upgraded its facilities and increased production capacity. By 1998, its meltshop in Bukit Raja entered commercial production and became one of the most advanced in the region. The company plans to further increase meltshop capacity to 700,000 metric tonnes of billets per year by 2014. According to the financial ratio analysis, the company's profitability has increased from 2012 to 2013 as evidenced by a higher return on equity and net profit margin. Overall expenses are also better controlled compared to the previous year.
Bonia Corporation is a leading Malaysian manufacturer of leather goods and fashion products. Over the past year, Bonia has expanded internationally by opening new boutiques in countries like Vietnam, Indonesia, Myanmar, and Cambodia. A ratio analysis of Bonia's financial statements from 2013-2014 shows that the company's profitability has generally improved, as return on equity and net profit margin increased. However, some stability ratios like working capital declined slightly, indicating worsening ability to pay current liabilities. Based on the analysis, Bonia's profitability is strong but some stability concerns remain, warranting further monitoring of key financial ratios.
Financial Analysis of the Financial Ratios of Indian Oil Corporation Ltd.Mohammad Mohtashim
Indian Oil Corporation is India's largest state-owned oil and gas company. It accounts for 30.54% of India's refining capacity and is ranked as the 96th largest company globally. The document analyzes Indian Oil's financial ratios from 2009-2014. Many ratios declined from 2009-2011 due to increasing crude oil prices and currency exchange rates, which increased costs and decreased profits. However, ratios improved after 2011 as exchange rates stabilized and costs declined. Overall, the analysis finds that Indian Oil generally uses its assets efficiently with an asset turnover ratio close to 2 but could improve its profitability.
Nippon Paint is the largest paint manufacturer in Asia and one of the top paint manufacturers globally. It has over 130 years of experience and manufactures over 1 billion liters of paint annually. Nippon Paint Lanka has two manufacturing plants in Sri Lanka with a total annual capacity of 2.33 million liters. The company utilizes an integrated supply chain system to manage its raw material suppliers, production plants, distribution centers, and retailers. Key raw materials include titanium dioxide, phthalic anhydride, and pentaerythritol, which constitute a major portion of production costs. Nippon Paint maintains low inventory levels through effective forecasting and keeps credit outstanding below industry averages through an incentive program for dealers.
Dutch Lady Malaysia is a leading dairy producer in Malaysia. The document analyzes the company's profitability and financial stability ratios from 2011-2012. It was found that while some profitability ratios like return on equity and net profit margin increased from 2011-2012, other ratios declined and the company struggled more to control expenses. Financial stability ratios also decreased over this period, indicating weaker working capital and debt repayment ability. Therefore, the document recommends not investing in Dutch Lady Malaysia due to the company's declining performance and financial position.
1) AEGON reported higher earnings in Q1 2012 driven by business growth, cost reductions, and favorable markets. Underlying earnings before tax increased 23% to EUR 425 million.
2) Total sales increased 25% to EUR 1,758 million due to strong growth in US pension sales and new asset management mandates.
3) AEGON maintained a strong capital position with an IGD solvency ratio of 201% and capital base ratio of 74.2%, on track to exceed minimum requirements.
This document provides an analysis of Toyota Motor Corporation's financial ratios from 2013 to 2014. It includes profitability ratios like return on equity, net profit margin, and gross profit margin, which mostly improved over this period. Financial stability ratios like working capital ratio, total debt ratio, and inventory turnover ratio also saw small improvements or remained stable. The analysis recommends investing in Toyota over this period due to the improvements in profitability and financial stability. The price-earnings ratio of 10.43 suggests it will take 10.43 years for investors to recoup their investment.
The document provides an analysis of financial ratios for Amway (Malaysia) Holdings Berhad for the years 2013 and 2014. It includes ratios to measure profitability, expenses, stability, inventory turnover, and debtor turnover. The ratios show that profitability, margins, and ability to control expenses declined from 2013 to 2014, while debt levels and inventory turnover times increased. Overall, the ratios indicate the company's financial performance weakened over the period analyzed.
Malaysia Steel Works (KL) Berhad was founded in 1971 as a steel manufacturer in Malaysia. Over the years, it has upgraded its facilities and increased production capacity. By 1998, its meltshop in Bukit Raja entered commercial production and became one of the most advanced in the region. The company plans to further increase meltshop capacity to 700,000 metric tonnes of billets per year by 2014. According to the financial ratio analysis, the company's profitability has increased from 2012 to 2013 as evidenced by a higher return on equity and net profit margin. Overall expenses are also better controlled compared to the previous year.
Bonia Corporation is a leading Malaysian manufacturer of leather goods and fashion products. Over the past year, Bonia has expanded internationally by opening new boutiques in countries like Vietnam, Indonesia, Myanmar, and Cambodia. A ratio analysis of Bonia's financial statements from 2013-2014 shows that the company's profitability has generally improved, as return on equity and net profit margin increased. However, some stability ratios like working capital declined slightly, indicating worsening ability to pay current liabilities. Based on the analysis, Bonia's profitability is strong but some stability concerns remain, warranting further monitoring of key financial ratios.
Financial Analysis of the Financial Ratios of Indian Oil Corporation Ltd.Mohammad Mohtashim
Indian Oil Corporation is India's largest state-owned oil and gas company. It accounts for 30.54% of India's refining capacity and is ranked as the 96th largest company globally. The document analyzes Indian Oil's financial ratios from 2009-2014. Many ratios declined from 2009-2011 due to increasing crude oil prices and currency exchange rates, which increased costs and decreased profits. However, ratios improved after 2011 as exchange rates stabilized and costs declined. Overall, the analysis finds that Indian Oil generally uses its assets efficiently with an asset turnover ratio close to 2 but could improve its profitability.
Nippon Paint is the largest paint manufacturer in Asia and one of the top paint manufacturers globally. It has over 130 years of experience and manufactures over 1 billion liters of paint annually. Nippon Paint Lanka has two manufacturing plants in Sri Lanka with a total annual capacity of 2.33 million liters. The company utilizes an integrated supply chain system to manage its raw material suppliers, production plants, distribution centers, and retailers. Key raw materials include titanium dioxide, phthalic anhydride, and pentaerythritol, which constitute a major portion of production costs. Nippon Paint maintains low inventory levels through effective forecasting and keeps credit outstanding below industry averages through an incentive program for dealers.
Dutch Lady Malaysia is a leading dairy producer in Malaysia. The document analyzes the company's profitability and financial stability ratios from 2011-2012. It was found that while some profitability ratios like return on equity and net profit margin increased from 2011-2012, other ratios declined and the company struggled more to control expenses. Financial stability ratios also decreased over this period, indicating weaker working capital and debt repayment ability. Therefore, the document recommends not investing in Dutch Lady Malaysia due to the company's declining performance and financial position.
1) AEGON reported higher earnings in Q1 2012 driven by business growth, cost reductions, and favorable markets. Underlying earnings before tax increased 23% to EUR 425 million.
2) Total sales increased 25% to EUR 1,758 million due to strong growth in US pension sales and new asset management mandates.
3) AEGON maintained a strong capital position with an IGD solvency ratio of 201% and capital base ratio of 74.2%, on track to exceed minimum requirements.
This document provides an analysis of Toyota Motor Corporation's financial ratios from 2013 to 2014. It includes profitability ratios like return on equity, net profit margin, and gross profit margin, which mostly improved over this period. Financial stability ratios like working capital ratio, total debt ratio, and inventory turnover ratio also saw small improvements or remained stable. The analysis recommends investing in Toyota over this period due to the improvements in profitability and financial stability. The price-earnings ratio of 10.43 suggests it will take 10.43 years for investors to recoup their investment.
Akzo Nobel India Ltd. reported an 8% increase in revenue for Q2 FY16 driven by higher volumes in decorative paints. Margins improved to 9.1% due to lower raw material costs. Net profit increased 15% to Rs 40.9 cr. While demand has been subdued, the company is focusing on product innovation and expanding distribution which is improving sales. The analyst maintains a 'Buy' rating given the company's strong brands and expectation that demand will gradually improve in urban areas.
Kossan's Financial Evaluation based on their annual financial statement from 2013 to 2015. We evaluate based on theory or formula from subject FIN745 (Financial Management). We also compare the result with Top Glove performance as Industry average.
This document provides suggested answers to exam questions for a strategic performance management exam. It begins by listing the sections and structure of the exam. It then provides a detailed answer to sample Question 1, which asks the student to define target costing, identify problems faced by a company, and recommend solutions. The answer defines target costing, lists the key principles, analyzes the company's issues, and proposes strategic and functional steps the company could take to address the problems. The document continues answering additional sample questions in the same level of detail.
1. SWA faces both externally and internally driven risks that threaten its financial stability and operations. Externally, it relies on suppliers for fuel, parts, and air traffic control. Internally, it has high debt, low liquidity, minimal retained earnings, and dissatisfied employees due to job cuts. The risk management consultant should identify these risks and recommend controls.
2. Y Ltd faces strong competition exporting children's car seats but has advantages from its home country's safety laws and experience. Benchmarking production against competitors could help improve quality and productivity for exporting.
3. Various information systems serve different organizational levels from transaction processing to decision support. Airlines have low profits due to industry forces like competition and substitutes
This document appears to be a business strategy assignment submitted by a student for the company Autoglass. It includes an executive summary that provides background on Autoglass and its operations. The document is then broken into 4 tasks that analyze various aspects of Autoglass' strategy, including its mission/vision, strategic planning issues, environmental analysis, growth strategies, and implementation plans. A variety of strategic planning techniques are discussed such as SWOT analysis, BCG matrix, SPACE matrix, and PESTLE analysis. The roles of various stakeholders are also examined.
This document provides suggested answers to questions for a final exam on strategic performance management. It begins by outlining the structure of the exam, which has three sections: Section A on performance management, Section B on IT and econometric tools, and Section C on enterprise risk management. For Section A, it provides detailed answers to two sample questions, which assess objectives, importance and measures of supply chain management for a food company, and define customer relationship management and the problems and solutions for an insurance company. It also provides concise answers to two other sample questions.
Engro Foods is a leading Pakistani food company with a portfolio of dairy, ice cream, and juice brands. It owns two milk processing plants and a dairy farm. The company has expanded internationally through the acquisition of Al-Safa, a North American halal meat brand. Financial analysis shows increasing profitability from 2010-2012 through higher margins and asset utilization. However, some ratios declined in 2013, possibly due to increased investments. The company is exploring new markets and product lines to continue its growth trajectory.
The document provides an analysis of the Coach Inc. company and luxury goods industry. It describes Coach as an American luxury fashion company known for accessories. It then analyzes Coach's business strategy, the competitive luxury goods industry landscape, and Coach's financial performance and positioning compared to competitors like Kate Spade and Michael Kors. The analysis finds that while Coach has a large market cap, its growth, profitability, and valuation ratios have been lower than competitors and the industry average in recent years.
Financial Analysis of Juhayna Food IndustriesAhmed Elrayes
The document compares the financial performance of Juhayna Food Industries to its competitors over 2014. It finds that Juhayna had higher returns on capital in 2011-2013 but saw returns decline in 2014 due to increased costs and liabilities from strategic expansion. While Juhayna's profitability was initially higher than competitors, costs rose more for Juhayna in 2014, lowering its gross profit. Juhayna utilizes assets more efficiently than competitors and has taken on debt cautiously for expansion, maintaining lower gearing than competitors.
Financial reporting and analysis hero motocorp ltd. v1Samir Singh
This document analyzes the annual report of Hero MotoCorp from 2015. It was written by three students - Abhishek Chaturvedi, Gourav Arora, and Samir Singh - from the EPGP batch of 2017 at IIM Indore as part of their course assignment. The document provides an overview of Hero MotoCorp, examines key aspects of its 2015 annual report such as financial statements and accounting policies, and analyzes metrics like profitability ratios, debt management ratios, and economic value added (EVA) to evaluate the company's financial performance.
This document provides an investment recommendation for Mazda Ltd stock for April 2012. It summarizes Mazda's business operations, financial performance, and valuation. Mazda operates an engineering division that designs vacuum and evaporator systems, as well as a small foods division. Despite economic challenges, Mazda has grown revenues by 10-15% annually and maintained high profit margins and returns on equity. The document recommends buying Mazda stock within a price range, noting the company's strong cash position, profitable operations, and conservative management.
- The Baldwin Company has adopted strategic initiatives to aggressively pursue market share, improve production capacity to drive down costs, and maximize profits to attract investors.
- Baldwin's investments in R&D have helped it gain market share as its product lines have grown faster than industry averages. Its lead capacity strategy has also lowered labor costs.
- Moving forward, Baldwin plans to continue innovating, investing in R&D, and using debt financing to further increase profits and market share against competitors.
Developing linkage among transactional value, acquisition value, relationship...Enamul Islam
Developing linkage among transactional value, acquisition value, relationship value and the cycle of failure of the informal service sector of uncertainty avoidance society
The document describes Porter's Five Forces model and Porter's value chain using Petronas, a Malaysian oil and gas company, as an example. It outlines Petronas' business activities, subsidiaries, and role in the Malaysian economy. It then applies Porter's Five Forces model to analyze competition in the oil and gas industry in Malaysia. Finally, it maps out the elements of Petronas' value chain, including its primary and support activities.
Financial statement analysis of beximco ltd Rifat Ahsan
This document analyzes the 2011 financial statements of Beximco Pharmaceuticals Ltd. It summarizes that non-current assets increased 276% and current assets increased 99.73% from 2009-2011. Equity increased 147% and current liabilities increased 135% over this period. Net sales increased 64.67% while costs increased 65.89%, leading to a 65.13% rise in gross profit. Despite a 13% rise in administrative expenses and 17.44% rise in operating expenses, net profit increased 4.7%. Cash flow from operating activities rose 87.51% while cash used for investing and financing rose 96.79% and 169.45%, respectively.
This document analyzes the financial performance of a company over 5 years from 2009-2013 using various ratios and analyses. It summarizes key financial metrics like net income, sales, assets, and liabilities. Trend analyses show sales, costs, profits, and other figures generally increased year over year, with some fluctuations. The document provides a comprehensive review of the company's financial standing and growth over this period.
Competenz significantly improved its performance in 2010 by increasing qualification completions by 264% compared to 2009. This was achieved through a stronger focus on supporting learners and employers to complete qualifications within duration. Key changes included streamlining qualifications, increasing support for apprentices and trainees, and improving assessment processes. Customer feedback was incorporated into developing a new apprenticeship scheme called Elev8, which aims to further boost completion rates through clearer service provisions and stronger support for learners.
The document discusses key aspects of Generally Accepted Accounting Principles (GAAP) including definitions, similarities and differences between Indian GAAP, International Financial Reporting Standards (IFRS) and US GAAP. It covers topics such as financial statements, revenue recognition, foreign currency translation and more. GAAP provides common standards for preparing financial statements to ensure consistency and comparability. While there are some differences between jurisdictions, the overall goals and many principles are largely similar across frameworks.
Land transportation has played an essential role in human development and commerce. It began with humans and animals carrying goods but has advanced significantly with the invention of vehicles like cars, trucks, and trains. There are three main types of land transportation: road, inland waterway, and railway. Each has advantages - like door-to-door service for road and low costs for inland waterway - and disadvantages such as high investment needs for railway. Overall, efficient transportation is important for economic growth but challenges remain from outdated infrastructure and increasing demand.
Akzo Nobel India Ltd. reported an 8% increase in revenue for Q2 FY16 driven by higher volumes in decorative paints. Margins improved to 9.1% due to lower raw material costs. Net profit increased 15% to Rs 40.9 cr. While demand has been subdued, the company is focusing on product innovation and expanding distribution which is improving sales. The analyst maintains a 'Buy' rating given the company's strong brands and expectation that demand will gradually improve in urban areas.
Kossan's Financial Evaluation based on their annual financial statement from 2013 to 2015. We evaluate based on theory or formula from subject FIN745 (Financial Management). We also compare the result with Top Glove performance as Industry average.
This document provides suggested answers to exam questions for a strategic performance management exam. It begins by listing the sections and structure of the exam. It then provides a detailed answer to sample Question 1, which asks the student to define target costing, identify problems faced by a company, and recommend solutions. The answer defines target costing, lists the key principles, analyzes the company's issues, and proposes strategic and functional steps the company could take to address the problems. The document continues answering additional sample questions in the same level of detail.
1. SWA faces both externally and internally driven risks that threaten its financial stability and operations. Externally, it relies on suppliers for fuel, parts, and air traffic control. Internally, it has high debt, low liquidity, minimal retained earnings, and dissatisfied employees due to job cuts. The risk management consultant should identify these risks and recommend controls.
2. Y Ltd faces strong competition exporting children's car seats but has advantages from its home country's safety laws and experience. Benchmarking production against competitors could help improve quality and productivity for exporting.
3. Various information systems serve different organizational levels from transaction processing to decision support. Airlines have low profits due to industry forces like competition and substitutes
This document appears to be a business strategy assignment submitted by a student for the company Autoglass. It includes an executive summary that provides background on Autoglass and its operations. The document is then broken into 4 tasks that analyze various aspects of Autoglass' strategy, including its mission/vision, strategic planning issues, environmental analysis, growth strategies, and implementation plans. A variety of strategic planning techniques are discussed such as SWOT analysis, BCG matrix, SPACE matrix, and PESTLE analysis. The roles of various stakeholders are also examined.
This document provides suggested answers to questions for a final exam on strategic performance management. It begins by outlining the structure of the exam, which has three sections: Section A on performance management, Section B on IT and econometric tools, and Section C on enterprise risk management. For Section A, it provides detailed answers to two sample questions, which assess objectives, importance and measures of supply chain management for a food company, and define customer relationship management and the problems and solutions for an insurance company. It also provides concise answers to two other sample questions.
Engro Foods is a leading Pakistani food company with a portfolio of dairy, ice cream, and juice brands. It owns two milk processing plants and a dairy farm. The company has expanded internationally through the acquisition of Al-Safa, a North American halal meat brand. Financial analysis shows increasing profitability from 2010-2012 through higher margins and asset utilization. However, some ratios declined in 2013, possibly due to increased investments. The company is exploring new markets and product lines to continue its growth trajectory.
The document provides an analysis of the Coach Inc. company and luxury goods industry. It describes Coach as an American luxury fashion company known for accessories. It then analyzes Coach's business strategy, the competitive luxury goods industry landscape, and Coach's financial performance and positioning compared to competitors like Kate Spade and Michael Kors. The analysis finds that while Coach has a large market cap, its growth, profitability, and valuation ratios have been lower than competitors and the industry average in recent years.
Financial Analysis of Juhayna Food IndustriesAhmed Elrayes
The document compares the financial performance of Juhayna Food Industries to its competitors over 2014. It finds that Juhayna had higher returns on capital in 2011-2013 but saw returns decline in 2014 due to increased costs and liabilities from strategic expansion. While Juhayna's profitability was initially higher than competitors, costs rose more for Juhayna in 2014, lowering its gross profit. Juhayna utilizes assets more efficiently than competitors and has taken on debt cautiously for expansion, maintaining lower gearing than competitors.
Financial reporting and analysis hero motocorp ltd. v1Samir Singh
This document analyzes the annual report of Hero MotoCorp from 2015. It was written by three students - Abhishek Chaturvedi, Gourav Arora, and Samir Singh - from the EPGP batch of 2017 at IIM Indore as part of their course assignment. The document provides an overview of Hero MotoCorp, examines key aspects of its 2015 annual report such as financial statements and accounting policies, and analyzes metrics like profitability ratios, debt management ratios, and economic value added (EVA) to evaluate the company's financial performance.
This document provides an investment recommendation for Mazda Ltd stock for April 2012. It summarizes Mazda's business operations, financial performance, and valuation. Mazda operates an engineering division that designs vacuum and evaporator systems, as well as a small foods division. Despite economic challenges, Mazda has grown revenues by 10-15% annually and maintained high profit margins and returns on equity. The document recommends buying Mazda stock within a price range, noting the company's strong cash position, profitable operations, and conservative management.
- The Baldwin Company has adopted strategic initiatives to aggressively pursue market share, improve production capacity to drive down costs, and maximize profits to attract investors.
- Baldwin's investments in R&D have helped it gain market share as its product lines have grown faster than industry averages. Its lead capacity strategy has also lowered labor costs.
- Moving forward, Baldwin plans to continue innovating, investing in R&D, and using debt financing to further increase profits and market share against competitors.
Developing linkage among transactional value, acquisition value, relationship...Enamul Islam
Developing linkage among transactional value, acquisition value, relationship value and the cycle of failure of the informal service sector of uncertainty avoidance society
The document describes Porter's Five Forces model and Porter's value chain using Petronas, a Malaysian oil and gas company, as an example. It outlines Petronas' business activities, subsidiaries, and role in the Malaysian economy. It then applies Porter's Five Forces model to analyze competition in the oil and gas industry in Malaysia. Finally, it maps out the elements of Petronas' value chain, including its primary and support activities.
Financial statement analysis of beximco ltd Rifat Ahsan
This document analyzes the 2011 financial statements of Beximco Pharmaceuticals Ltd. It summarizes that non-current assets increased 276% and current assets increased 99.73% from 2009-2011. Equity increased 147% and current liabilities increased 135% over this period. Net sales increased 64.67% while costs increased 65.89%, leading to a 65.13% rise in gross profit. Despite a 13% rise in administrative expenses and 17.44% rise in operating expenses, net profit increased 4.7%. Cash flow from operating activities rose 87.51% while cash used for investing and financing rose 96.79% and 169.45%, respectively.
This document analyzes the financial performance of a company over 5 years from 2009-2013 using various ratios and analyses. It summarizes key financial metrics like net income, sales, assets, and liabilities. Trend analyses show sales, costs, profits, and other figures generally increased year over year, with some fluctuations. The document provides a comprehensive review of the company's financial standing and growth over this period.
Competenz significantly improved its performance in 2010 by increasing qualification completions by 264% compared to 2009. This was achieved through a stronger focus on supporting learners and employers to complete qualifications within duration. Key changes included streamlining qualifications, increasing support for apprentices and trainees, and improving assessment processes. Customer feedback was incorporated into developing a new apprenticeship scheme called Elev8, which aims to further boost completion rates through clearer service provisions and stronger support for learners.
The document discusses key aspects of Generally Accepted Accounting Principles (GAAP) including definitions, similarities and differences between Indian GAAP, International Financial Reporting Standards (IFRS) and US GAAP. It covers topics such as financial statements, revenue recognition, foreign currency translation and more. GAAP provides common standards for preparing financial statements to ensure consistency and comparability. While there are some differences between jurisdictions, the overall goals and many principles are largely similar across frameworks.
Land transportation has played an essential role in human development and commerce. It began with humans and animals carrying goods but has advanced significantly with the invention of vehicles like cars, trucks, and trains. There are three main types of land transportation: road, inland waterway, and railway. Each has advantages - like door-to-door service for road and low costs for inland waterway - and disadvantages such as high investment needs for railway. Overall, efficient transportation is important for economic growth but challenges remain from outdated infrastructure and increasing demand.
The document discusses various adjustments that need to be made at the end of the accounting period before preparing the final accounts. These include adjustments for prepaid expenses, outstanding expenses, unearned revenue, accrued income, provisions for doubtful debts and discounts, depreciation, goods distributed as free samples, and loss from fire. The adjustments involve debiting/crediting relevant accounts in the trading, profit and loss accounts and reclassifying related balances in the balance sheet.
Chapter 7 posting journal entries to general ledger accountsIva Walton
The document discusses key accounting concepts related to general ledgers, including:
1) General ledgers contain individual accounts that are used to record business transactions and track balances over time.
2) Transactions are first recorded in journals and then posted to the relevant accounts in the general ledger to show the impact on individual accounts.
3) A trial balance is prepared that lists all general ledger account names and balances to prove the equality of total debits and credits.
GLP is a formal FDA regulation created in 1978 that provides principles for conducting laboratory studies in a standard, consistent manner. It aims to ensure quality and integrity of data submitted to the FDA. Key GLP principles include requirements for test facility organization, quality assurance programs, facilities, equipment, test systems, standard operating procedures, study conduct, reporting, and record keeping. GLP helps provide reliable results and protects study integrity and data for regulating products like drugs and pesticides.
Assignment - Amway (Malaysia) Holdings BerhadKai Yun Pang
The document analyzes the financial ratios of Amway (Malaysia) Holdings Berhad for the years 2013 and 2014 to assess the company's profitability, stability, and efficiency. It calculates various ratios such as return on equity, net profit margin, and working capital and interprets the changes between the two years. Overall, the ratios show a decline in the company's profitability from 2013 to 2014, though its debt levels and ability to pay off current liabilities remain stable and within acceptable limits.
This document contains financial analysis of Amway Malaysia for the years 2012 and 2013. It includes the income statement, balance sheet, and calculation of various profitability and stability ratios. The profitability ratios like net profit margin, gross profit margin, and expense ratios improved from 2012 to 2013, indicating better management of costs. The stability ratios like working capital, debt, and inventory turnover also improved over this period. However, the P/E ratio of 18 times suggests the shares are overvalued currently. Overall, the financial health and performance of Amway Malaysia seems good based on the ratio analysis, but the shares may not be a good investment at the current price.
The document analyzes various profitability and stability ratios for a business between 2011 and 2012. It shows that most ratios improved over this period, indicating better profitability and control of expenses. However, total debt and interest coverage ratios decreased slightly. Appendices include the P/E ratio, an investment recommendation, and profit/loss and balance sheets for 2011-2012. The recommendation is not to invest due to the high P/E ratio requiring a long time to recoup the principal.
Ratio Analysis in 'ROYAL CERAMIC LANKA PLC'miranga88
This document provides financial ratio analysis for Royal Ceramic Lanka PLC for the years 2013-2015. It includes profitability ratios like gross profit ratio, operating margin, net profit percentage, return on assets, return on equity, and return on capital employed. Liquidity ratios like current ratio, quick ratio, and cash ratio are also presented. The ratios indicate that while the company's sales have increased year-over-year, profitability has declined over this period as costs have risen faster than revenues. Liquidity has also decreased, suggesting the company may face challenges meeting short-term obligations.
Ratio Analysis in 'ROYAL CERAMIC LANKA PLC'miranga88
This document provides financial ratio analysis for Royal Ceramic Lanka PLC for the years 2013-2015. It includes profitability ratios like gross profit ratio, operating margin, net profit percentage, return on assets, return on equity, and return on capital employed. Liquidity ratios like current ratio, quick ratio, and cash ratio are also presented. The ratios indicate that while the company's sales have increased year-over-year, profitability has declined over this period as costs have risen faster than revenues. Liquidity has also decreased, suggesting the company may face challenges meeting short-term obligations.
BMW continues to perform well financially. Sales volume, revenues, and profits increased in the first quarter of 2015 compared to the previous year. Profitability ratios like return on equity and net profit margin improved from 2013 to 2014, indicating better control of expenses. Financial stability ratios also improved over time, with lower debt levels, faster inventory turnover, and higher interest coverage, though debtor collections slowed slightly. Given these positive trends, the document recommends BMW as a worthwhile investment.
This document provides an analysis of the financial ratios for Spritzer Berhad, a bottled water producer in Malaysia, for the years 2013 and 2014. It includes calculations of profitability ratios such as return on equity, net profit margin, and gross profit margin, as well as stability ratios including working capital, total debt, stock turnover, and interest coverage. The analysis finds that Spritzer's profitability and stability generally improved from 2013 to 2014, with most ratios showing enhancements such as higher return on equity, lower total debt, and faster stock turnover. Based on this moderate profitability and high stability, the document recommends investors to invest in Spritzer as the P/E ratio of 11.6 times makes it
This document provides an analysis of the financial ratios and performance of Spritzer Berhad, a bottled water producer in Malaysia, for the years 2013-2014. Key ratios calculated include return on equity, net profit margin, gross profit margin, selling expenses ratio, general expenses ratio, financial expenses ratio, working capital ratio, total debt ratio, stock turnover, debtor turnover, and interest coverage. Overall, the analysis found that Spritzer's profitability increased from 2013-2014 as seen by higher return on equity and gross profit margin, while expenses were generally better controlled. However, net profit margin declined slightly. The document also examines Spritzer's share price to earnings ratio and provides an investment recommendation.
Apple has seen strong financial performance over the past three years. The company's total revenue grew 7.2% in 2013 and another 7% in 2014. However, profitability declined slightly over this period as operating expenses increased at a faster rate than revenue. Several key ratios such as debt-to-equity and times interest earned worsened from 2012-2014, indicating higher leverage. While sales of Apple products continue to rise, maintaining profit margins as costs grow remains an ongoing challenge.
Accounting Report - Financial Ratio AnalysisPang Shuen
The document analyzes the financial ratios of Carlsberg Brewery Malaysia Berhad for the years 2012-2013. It finds that most profitability and financial stability ratios remained stable over this period, with some minor decreases. However, the price-earnings ratio of 20 years is seen as too long for shareholders, so an investment in the company is not recommended despite other satisfactory ratios.
- The document analyzes the financial performance of Niloy Motors Limited from 2010-2014 using various ratios.
- It finds that Niloy Motors struggled with liquidity and debt management during this period but performed well in controlling inventory, payables, and sales.
- While profitability ratios like net profit, gross profit, and operating profit improved, returns on equity and assets need more focus to improve.
- Compared to competitors in 2014, Niloy Motors had the second highest net income and net asset value, and captured 23% of the market share.
The document analyzes the financial ratios of Volkswagen Group from 2012-2013. It finds that profitability ratios like return on equity and net profit margin decreased, indicating lower returns. Stability ratios like working capital and debt ratios also decreased. Based on this analysis, the author recommends not investing in Volkswagen Group as the company's financial performance and stability are low, and it would take over 10 years to recoup an investment.
The document analyzes the financial ratios of Volkswagen Group from 2012-2013. It finds that profitability ratios like return on equity and net profit margin decreased, indicating lower returns. Stability ratios like working capital and debt ratios also decreased. Based on this analysis, the author recommends not investing in Volkswagen Group as the company's financial performance and stability are low, and it would take over 10 years to recoup the investment.
Ratio analysis on annual balance sheet of Bajaj Auto ltd. Shrey Kapoor
This document analyzes the ratio analysis of Bajaj Auto Ltd from 2011-2014. It provides background on Bajaj Auto, which was founded in 1926 and is one of the largest manufacturers of two and three-wheelers. It then examines various liquidity ratios like current ratio and quick ratio and profitability ratios like gross profit ratio, net profit ratio, EBITDA margin, return on equity and return on capital employed for Bajaj over the years. It finds that while liquidity and most profitability ratios improved from 2011-2013, return on equity and return on capital employed decreased in 2013-2014 possibly due to increased selling and distribution expenses. Areas for improvement include controlling expenses to boost returns.
This presentation analyzes the corporate finance of Navin Fluorine International Ltd (NFIL), an Indian manufacturer of specialty fluorochemicals. It discusses NFIL's business model, top expenses, working capital, quantitative ratios like current ratio and EBIT margin from 2018-2022. The analysis finds that NFIL has no short-term or long-term debt, indicating a strong financial position. However, asset utilization and returns on assets have declined. Financial leverage has also been negative in recent years. The presentation recommends NFIL focus on sales growth to overcome leverage issues and ensure efficient use of expanding assets.
Assignment for New Venture Development-In partial fulfillment for MBA The OPen University Malaysia by Santhy Govindasamy
Q1. Write a brief profile of 2 ailing companies
Q2. Write a brief description of reasons for business failures
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1. SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN
FOUNDATION IN NATURAL BUILD ENVIRONMENT
MODULE: BASIC ACCOUNTING [ACC30205/FNBE0145]
ASSIGNMENT:FINANCIAL RATIO ANALYSIS
COMPANY:AMWAY (MALAYSIA) HOLDINGS BERHAD
LECTURER:CHANG JAU HO
SUBMISSION DATE:4 JUNE 2015
GROUP MEMBERS:
NAMES STUDENT ID
PANG KAI YUN 0319802
SAM WEI YIN 0320364
TAN YONG CHIEN 0320200
2. 1
Content
No. Title Page
1. Company Background 2
2. Recent Development 3
3. Ratio Analysis 4
4. Interpretation 6
5. Investment Recommendation 8
6. Appendices 11
7. Reference 22
3. 2
Company Background
AMWAY is one of the world's largest and oldest multilevel marketing companies
(MLM). Rich DeVos and Jay Van Andel founded AMWAY in 1959, in Ada, Michigan. In
1959, AMWAY launched a business model fuelled through the power of relationships. The
original product offered in this model, was Liquid Organic Cleaner (L.O.C.). It was the first
concentrated, bio-degradable, and environmentally friendly cleaning product. Since then,
AMWAY has expanded from home products to a global leader in the categories of health
and beauty.
AMWAY Malaysia is founded in 1976, beginning with just five employees, in a small
office and warehouse facility in Jalan Ipoh. Amway Malaysia operates as a direct selling
company, which engages in the distribution of consumer products. Its products include
nutrition and wellness products, skin care and cosmetics, personal care products, home care
products, personal accessories, food and beverages, garments, and household appliances.
Since its humble inception in 1976, AMWAY Malaysia has expanded to support the
business of its Distributors with an extensive network of AMWAY Retail Shops and
Regional Distribution Centres throughout Malaysia and Brunei. AMWAY Malaysia stands
tall within the AMWAY worldwide group as one of the top 10 performing affiliates backed
by impressive indicators, such as sales turnover, profitability, and an ever-expanding
Distributor force. In 1996, AMWAY Malaysia became the first-ever direct selling company
to be listed on the Main Board of the Kuala Lumpur Stock Exchange. AMWAY is also the
first direct selling company to be awarded a 10-year Direct Selling License by the Ministry of
Domestic Trade Cooperatives and Consumerism (MDTCC) in 2010.
4. 3
Recent Development
In May 2009, Amway opened the pick and pay concept Amway Shop in Bintulu as
part of company’s strategy to enhance Amway’s physical presence and Distributors’ and
customers’ accessibility to Amway products.
In 2010, AMWAY Malaysia has built a new headquarter at the new address 28, Jalan
223, 46100 Petaling Jaya, Selangor Darul Ehsan. This new Amway Malaysia headquarters
was built at a cost of approximately RM100 million, which included land acquisition,
construction and interior design. The new headquarters with its built up of 202,500 square
feet, in addition to its warehouse and office blocks, it includes many enhanced facilities such
as the R&J Café, the Van Andel & DeVos Training Centre, a flagship AMWAY Shop as well
as an exclusive AMWAY Brand Experience Centre.
As you step into AMWAY Malaysia's Corporate Headquarters, the first thing that
catches your eye would be the ceiling pieces. Stand at a precise angle, you will see these
pieces merging into an image of faces - the faces of the AMWAY Opportunity - which is for
everyone, everywhere. Reflecting AMWAY’s desire for greener and eco-friendly
surroundings, it is dotted with a large number of trees and shrubs and is designed with floor
to ceiling windows to allow for natural lighting. Another sustainable feature is the energy-
efficient air conditioning. The building incorporates facilities for the disabled including a
ramp, special toilets, reserved parking lots as well as tactile flooring for the visually impaired.
7. 6
Interpretation
Profitability Ratios
Profitability Ratios 2013 2014 Interpretation
Return on Equity
(ROE)
47.2% 42.8%
During the 2013-2014 periods, the
ROE has decreased from 47.2% to
42.8%. This means that the owner is
getting less return on his/her capital
compare to last year.
Net Profit Margin
(NPM)
13.1% 11.7%
During the 2013-2014 periods, the
NPM has decreased from 13.1% to
11.7%. This means that the business
is getting worse in controlling its
expenses compare to last year.
Gross Profit Margin
(GPM)
31.9% 30.1%
During the 2013-2014 periods, the
GPM has decreased from 31.9% to
30.1%. This means the business is
getting worse in controlling the
COGS expenses compare to last year.
Selling Expense
Ratio (SER)
5.0% 5.3%
During the 2013-2014 periods, the
SER has increased from 5.0% to
5.3%. This means that the business
has getting worse in controlling its
selling expenses compare to last year.
General Expense
Ratio (GER)
5.0% 5.3%
During the 2013-2014 periods, the
GER has increased from 5.0% to
5.3%.This means that the business is
getting worse in controlling its
general expenses compare to last
year.
Financial Expense
Ratio (FER)
13.2% 9.1%
During the 2013-2014 periods, the
FER has decreasedfrom 13.2% to
9.1%. This means that the business is
getting better in controlling its
financial expense compare to last
year.
8. 7
Stability Ratios
Stability Ratios 2013 2014 Interpretation
Working Capital
2.62 : 1 2.13: 1
During the 2013-2014 periods, the
Working Capital decreased from
2.62 : 1 to 2.13 : 1. This means that
the business ability to pay off its
current liabilities is getting worse. In
addition, it satisfy the minimum 2 : 1
ratio.
Total Debt
28.8% 36.1%
During the 2013-2014 periods, the
Total Debt has increased from 28.8%
to 36.1%. This means that the
business total debt has increased.
However, it does not exceed the
maximum 50% limit.
Stock Turnover
42.7 days 46.2 days
During the 2013-2014 periods, the
Stock Turnover has increased from
42.7 days to 46.2 days. This means
that the business is selling its stock
slower.
Debtor Turnover
27.1 days 25.0 days
During the 2013-2014 periods, the
Debtor Turnover has decreased from
27.1 days to 25 day. This means that
the business is using less time to
collect debt.
Interest Coverage There are no interest expenses in the
company.
9. 8
P/E Ratio
Price/Earning or P/E Ratio
=
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝑠ℎ𝑎𝑟𝑒 𝑝𝑟𝑖𝑐𝑒
𝐸𝑎𝑟𝑛𝑖𝑛𝑔𝑠 𝑝𝑒𝑟 𝑠ℎ𝑎𝑟𝑒
=
10.86
0.68
= 15.97
The Price Earning Ratio (P/E Ratio) for Amway (Malaysia) Holdings Berhad as of 2nd June
2015 is 15.97. This means that an investor who bought a share of Amway Malaysia needs to
wait for 15.97 years to recoup his investment.
*figure obtained from http://data.cnbc.com/quotes/AMWA-MY at 2 June 2015
10. 9
Investment Recommendation
a) Profitability
Based on the ratio analysis, Amway (Malaysia) Holdings Berhad does not demonstrate
a good profitability from the period 2013 to 2014. The return on equity has decreased for
4.4%. This means that the owner is getting less return on his/her capital compare to last year.
Next, the company is getting worse at controlling its overall expense compare to last year as
their net profit margin decreased for 1.4%. Besides, the business’s gross profit margin has
decreased for 1.8% which means the business is getting worst in controlling the COGS
expenses compare to last year. Moreover, the business is getting worse in controlling its
selling expenses and general expenses compare to last year as it has increased for 0.3%.
However, the business is getting better in controlling its financial expenses compare to last
year as it has decreased for 4.1%.
b) Stability
Based on the ratio analysis, Amway (Malaysia) Holdings Berhad does not have strong
financial stability from the period 2013 to 2014. The working capital of the company has
decreased which means the business ability to pay off its current liabilities is getting worse.
However, it satisfy the minimum 2 : 1 ratio. Besides, the total debt of the company has
increased for 7.3%. However, it does not exceed the maximum 50% limit. Moreover, the
company is selling its stock slower compare to last year as their stock turnover has increased
3.5 days. On the other hands, the company is using less time to collect debt as their debtor
turnover has decreased 2.1 days. Lastly, the company has no interest expenses.
c) Share price
The Price Earning Ratio (P/E Ratio) for Amway (Malaysia) Holding Berhad as of 2nd
June 2015 is 15.97. This means that an investor who bought a share of Amway Malaysia
needs to wait for 15.97 years to recoup his investment. However, it is higher than what a
conservative investor would pay, which is below 15 years.
11. 10
Conclusion
In conclusion, Amway (Malaysia) Holdings Berhad’s shares are not suitable for
investment because the company does not demonstrate a good profitability and strong
financial stability from the period 2013 to 2014. Besides, the company’s shares are quite
expensive as it takes 15.97 years for the investor to recoup his investment. It takes a longer
time than a conservative investor would wait, which is below 15 years.
23. 22
Reference
1. CRADOR NETWORK. (n.d.). Retrieved May 31, 2015, from
http://cradorglobal.blogspot.com/2011/09/amway-history-and-its-business.html
2. Arveena M. (2010, January 22). Amway Malaysia officially opens its new HQ. Retrieved
June 3, 2015, from http://www.theborneopost.com/2010/01/23/amway-malaysia-
officially-opens-its-new-hq/
3. Amway (Malaysia) Holdings Bhd (AMWA-MY :). (n.d.). Retrieved June 1, 2015, from
http://data.cnbc.com/quotes/AMWA-MY
4. AMWAY Malaysia. (n.d.). Retrieved June 1, 2015, from http://www.amway.my/about-
amway/our-company/amway-malaysia
5. AMWAY Malaysia. (n.d.). Retrieved June 3, 2015, from http://www.amway.my/about-
amway/our-company/amway-malaysia
6. AMWAY Malaysia. (n.d.). Retrieved June 1, 2015, from http://www.amway.my/about-
amway/our-company/amway-malaysia
7. Amway (Malaysia) Holdings Bhd (AMWA-MY :). (n.d.). Retrieved June 2, 2015, from
http://data.cnbc.com/quotes/AMWA-MY