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1. SEBERANG PERAI POLYTECHNIC
COMMERCE DEPARTMENT
COURSE: PB604 – BUSINESS FINANCE PRESENTATION
CHAPTER 3 – FINANCIAL ANALYSIS
NAMES OF COMPANY :
BP PLASTICS HOLDING BHD (644902-V)
PREPARED BY :
No. Name. Matric Number.
1 NUR DALILA BT MOHD ZAMRI 10DAT11F2016
2 NORFARAH AQILAH BT MOHAMAD SALEH 10DAT11F2017
3 NOR AFIERA BT MOHAMMAD HAJI 10DAT11F2031
4 NOR HAZWANI FASIHAH BT MOHAMMAD NAZRI 10DAT11F2046
PREPARED FOR :
CIK SUHAILI BINTI YUSOF
DATE OF SUBMISSION :
14 JULY 2014

2. Company Profile
BPPLAS has grown in leaps and bounds from a cottage plastic
manufacturer to become one of the leading producers of industrial
plastic packaging bags and stretch film based in Malaysia today.
Established in 1990, we began by supplying polyethylene (PE) bags
to the garment and textile industries and BPPLAS started producing
cast stretch film and plastic bags for industrial, commercial, logistic
and warehousing usage ten years later.
Today, we have a total workforce of approximately 370 staff and
more than 80 units of manufacturing machineries. Our two production
plants are located in Sri Gading Industrial Estate, Batu Pahat, Johor,
Malaysia. They occupy 10 factory blocks with the total built up areas
of more than 250,000 square feet on 15.5 acres of land and have a
combined annual capacity of 60,000 metric tonnes.
Our wide customer base of more than 800 companies in over 35 countries worldwide reflects BPPLAS’
commitment and experience in the industry.
By investing in the latest technology, BPPLAS has evolved from a manufacturer with a simple PE extruder to one
with advanced multilayer co-extrusion technology that is capable to produce cast stretch film, blown lamination
film, shrink film and various general purpose mPE, mLLDPE, LDPE, LLDPE, MDPE, HDPE, PP bags.
We are now supplying cost-competitive, innovative and superior quality PE film to our customers using a
combination of advanced grade resins and sophisticated multiple layer extrusion technology.
After years of unrelenting hard work and effort, BPPLAS was successfully listed on the Main Board of Bursa
Malaysia (previously known as “Kuala Lumpur Stock Exchange”) in 2005, bringing us closer towards our vision
to be the plastic packaging specialist of choice in the Asian region.
i

3. COMPANY’S CORE BUSSINESS
Cast Film
Cast film is a thin layer of polyethylene (PE) film similar to
plastic food wrap but has superior stretching, puncture resistance
and load retention properties. It is the most economical and
suitable packaging material to unitise, secure and protect
palletised goods during transits, storage and warehousing.
Blown Film
Blown film is a film that can be meticulously turned into plastic
bags according to specifications, tailored to suit the needs and
requirements of various packaging applications.
2

4. COMPANY’S MISSION AND VISION
VISION
To be the Plastics Packaging Specialist of Choice in the Asian
Region
MISSION
To Produce Reliable & High Quality Packaging Products for
Industries
3

5. COMPANY’S BOARD OF DIRECTOR
4
Mr. Lim Chun Yow Mr. Lim Kim Hock Ms. Tan Ming-Li
Mr. Hey Shiow Hoe
Mr. Tan See Khim
Mr. Lam Jin Fatt
Mr. Lim Chun Yow

6. MR. LIM KIM HOCK
Age: 48
Nationality: Malaysian
Position in the Company: Chairman and Senior
Independent Non-Executive Director
Qualification: Member of the Malaysian Institute of
Accountants, Fellow Member of the Malaysian
Institute of Taxation, and Fellow Member of the
Institute of Chartered Accountants in England and
Wales (ICAEW). He holds a Bachelor Degree in
Accountancy in the United Kingdom in 1988 and
Chartered Accountancy (Institute of Chartered
Accountants in England and Wales) qualification in
1992.
Working Experience and Occupation: He started
his articleship at Garners, Chartered Accountants,
United Kingdom in 1988 until 1992. He joined Price
Waterhouse in 1992 and was promoted to the
position of Senior Consultant before he left the firm
3 years later to head the Finance Division of a
subsidiary of Arab-Malaysian Development Berhad.
Subsequently, he joined the Rashid Hussain Berhad
Group and his employment stint with the group
included a 2½ years overseas posting as the Director
and Head of Finance and Administration for the
group’s subsidiary in Indonesia. He is currently in
public practice as a Chartered Accountant and the
Managing Director of Alliance Corporate Taxation
Services Sdn. Bhd., a tax advisory and consulting
company. He was appointed as the Independent
Non-Executive Director of the Company on 22
February 2008. On 29 May 2013, he has been re-
designated as the Senior Independent Non-Executive
Director and appointed as the Chairman of the
Company. He also sits on the Board of several
private limited companies.
Other Directorship of Public Companies: None.
Details of Any Board Committee to which He
Belongs: He is a member of the Audit and the
Remuneration Committees of the Company. He is
also the Chairman of the Nomination Committee of
the Company
5
MR. LIM CHUN YOW

7. Age: 51
Nationality: Malaysian
Position in the Company: Managing Director
Qualification: Holds a degree in Bachelor of
Science in Business Administration from The Ohio
State University, United States of America in 1985.
Working Experience: He started his career as a
Marketing Executive with a plastic bag
manufacturing company in 1986. In 1990, he set up
the business with the two cofounders of BP Plastics
Sdn. Bhd. He was appointed as the Managing
Director and Chairman of the Company on 3
September 2004 and 23 November 2005,
respectively. He retired as Chairman of the Company
on 29 May 2013 in line with the Malaysian Code on
Corporate Governance 2012 (the “Code”)
recommendations to separate the roles of the
Chairman and Managing Director. He also sits on the
board of several private limited companies.
Other Directorship of Public Companies: None
Details of Any Board Committee to which He
Belongs: He is the Chairman of ESOS Committee of
the Company.
TAN SEE KHIM
Age: 50
Nationality: Malaysian
Position in the Company: Executive Director
Qualification: Holds a Certificate in Senior Middle
Three from Chung Hwa High School in Muar in
1982.
Working Experience: He was appointed as an
Executive Director of the Company on 3 September
2004. He is a cofounder of BP Plastics Sdn Bhd. He
was involved in the sales, trading, marketing,
distribution, resource planning and training in
consumer products between 1983 and 1990, prior to
the establishment of BP Plastics Sdn Bhd in 1991.
His experience and knowledge in sales have been
very instrumental towards the growth of the
Company. He also sits on the board of several
private limited companies.
Other Directorship of Public Companies: None
Details of Any Board Committee to which He
Belongs: He is a member of the ESOS and the Risk
Management Committees of the Company.
6
HEY SHIOW HOE

8. Age: 51
Nationality: Malaysian
Position in the Company: Executive Director
Qualification: Holds a degree in Bachelor of Science
in Industrial and Systems Engineering from The
Ohio State University, United States of America in
1986.
Working Experience: He was appointed as an
Executive Director of the Company on 3 September
2004. He is a cofounder of BP Plastics Sdn Bhd. He
started his career in a plastic manufacturing company
upon his graduation in 1986. He was responsible for
the strategic planning and total management of the
manufacturing operations, infrastructure upgrading
and development, technical improvement and
support to the production team ever since the
business set up of BP Plastics Sdn Bhd. He also sits
on the board of several private limited companies.
Other Directorship of Public Companies: None
Details of Any Board Committee to which He
Belongs: He is a member of the Remuneration and
the ESOS Committees of the Company. He is also
the Chairman of the Risk Management Committee of
the Company.
7
LAM JIN FATT
Age: 55
Nationality: Malaysian
Position in the Company: Independent Non-
Executive Director Qualification: Fellow Member of
the Association of Chartered Certified Accountants,
Chartered Member of the Institute of Internal
Auditors Malaysia, and Chartered Accountant of the
Malaysian Institute of Accountants. Holds a Diploma
in Accountancy from the City of London Polytechnic
in United Kingdom in 1980.
Working Experience and Occupation: Embarked on
a career as an auditor with a firm of Chartered
Accountants in London in the United Kingdom for
over 3 years. Since returning to Malaysia, has gained
over 29 years of internal audit working experience
and broad exposure in various industries covering
manufacturing, trading and retailing, life and general
insurance, property development and management,
investment banking, stock-broking, futures and
options trading, asset and wealth management, and
private equity. He was appointed as the Independent
Non- Executive Director of the Company on 29 May
2013.
Other Directorship of Public Companies: None.
Details of Any Board Committee to which He
Belongs: He is the Chairman of the Audit
Committee of the Company. He is also a member of

9. the Nomination and the Remuneration Committees
of the Company.
TAN MING-LI
Age: 45
Nationality: Malaysian
Position in the Company: Independent Non-
Executive Director Qualification: Graduate from
University of Melbourne, Australia with a double
degree in Law (Hons) and Science.
Working Experience and Occupation: She is
currently a partner in the legal firm of Messrs.
Cheang & Ariff and has been in active legal practice
since 1994. She specializes in the area of corporate
and securities law where she is principally involved
in advising on capital market transactions, mergers
and acquisitions, corporate restructuring as well as
corporate finance related work. She was appointed as
the Independent Non-Executive Director of the
Company on 29 May 2013.
Other Directorship of Public Companies: She is
an Independent Non-Executive Director of Tune Ins
Holdings Berhad and Tune Insurance Malaysia
Berhad.
Details of Any Board Committee to which She
Belongs: She is the Chairman of the Remuneration
Committee of the Company. She is also a member of
the Audit and the Nomination Committees of the
Company.
8

10. COMPANY’S RATIO
LIQUIDITY RATIO
2012 2013 COMMENT
CURRENT RATIO =
CURRENT ASSET
CURRENT LIABILITY
= RM 121,363,900
RM 31,611,255
= 3.84 x
= RM 129,623,685
RM 33,908,674
=3.82x
2012 IS BETTER THAN
2013
QUICK RATIO =
CURRENT ASSETS –
INVENTORY
CURRENT LIABILITIES
= RM 121,363,900 –
RM 47,840,910
RM 31,611,255
= 2.33 x
=RM 129,623,685 –
RM 46,204,941
RM 33,908,674
= 2.46 x
2013 IS BETTER THAN
2012
ACTIVITY RATIO
2012 2013 COMMENT
ACC. RECEIVABLE
TURNOVER =
CREDIT SALES
ACC. RECEIVABLE
= RM 220,283,820
RM 32,914,379
= 6.70 x
= RM 241,003,540
RM 33,132,241
= 7.27 x
2013 IS BETTER THAN
2012
AVERAGE
COLLECTION PERIOD
= ACC. RECEIVABLE
DAILY CREDIT SALES
= RM 32,914,379
(RM 220,283,820/365)
=55 DAYS
= RM 33,132,241
( RM 241,003,540/365)
=50 DAYS
2013 IS BETTER THAN
2012
INVENTORY
TURNOVER =
COGS
INVENTORY
= RM 195,076,040
RM 47,840,910
= 4.08 x
= RM 213,003,540
RM 67,978,034
= 3.55 x
2012 IS BETTER THAN
2013
9

11. FIXED ASSET
TURNOVER =
SALES
NET FIXED ASSET
= RM 220,283,820
RM 71,681,067
= 3.07 x
= RM 241,003,540
RM 67,978,034
= 3.55 x
2013 IS BETTER THAN
2012
TOTAL ASSET
TURNOVER =
SALES
TOTAL ASSET
=RM 220,283,820
RM 193,044,967
= 1.14 x
= RM 241,003,540
RM 197,601,719
= 1.22 x
2013 IS BETTER THAN
2012
LAVERAGE RATIO
2012 2013 COMMENT
DEBT RATIO =
TOTAL LIABILITIES × 100 %
TOTAL ASSET
= RM 42,496,005 × 100%
RM 193,044,967
= 22.01 %
= RM 44,030,674 × 100%
RM 197,601,719
= 22.28 %
2012 IS BETTER
THAN 2013
DEBT ON EQUITY =
TOTAL LIABILITIES
SHAREHOLDER EQUITY
= RM 42,496,005
RM 150,548,962
= 0.28 x
=RM 44,030,674
RM 153,571,045
= 0.29 x
2012 IS BETTER
THAN 2013
EQUITY MULTIPLIER =
TOTAL ASSET
SHAREHOLDER EQUITY
= RM193,044,967
RM 150,548,962
=1.28 x
=RM 197,601,719
RM 153,571,045
= 1.29 x
2013 IS BETTER
THAN 2012
INTEREST EARNED RATIO
= EBIT
INTEREST
=RM 12,971,947
RM 1,332,478
= 9.74 x
=RM 13,549,716
RM 1,193,244
=11.36 x
2013 IS BETTER
THAN 2012
10

12. PROFIT RATIO
2012 2013 COMMENT
GROSS PROFIT MARGIN
= SALES-COGS
SALES
RM 220,283,820-
RM 195,076,040 x100%
RM 220,283,820
=11.44%
RM 241,003,540-
RM 213,291,876 x100%
RM 241,003,540
=11.50 %
2013 IS BETTER
THAN 2012
OPERATIONAL PROFIT
MARGIN
= EBIT x 100%
SALES
RM 12,971,947 x100%
RM220,283,820
=5.89%
RM 13,549,716 x100%
RM 241,003,540
=5.62%
2012 IS BETTER
THAN 2013
NET PROFIT MARGIN
= NET PROFIT x 100%
SALES
RM 9,664,174 x100%
RM 193,044,967
=5.00%
RM 10,100,838 x100%
RM 241,003,540
=4.19%
2012 IS BETTER
THAN 2013
RETURN ON INVESTMENT @
RETURN ON TOTAL ASSET
= NET PROFIT x 100%
TOTAL ASSET
RM 9,664,174 x100%
RM 193,044,967
=5.0%
RM 10,100,838 x100%
RM 197,601,719
=5.11%
2013 IS BETTER
THAN 2012
RETURN ON EQUITY
= NET PROFIT x 100%
SHAREHOLDER EQUITY
RM 9,664,174 x100%
RM 150,548,962
=6.42%
RM 10,100,838 x 100%
RM 153,571,045
=6.58%
2013 IS BETTER
THAN 2012
EARNING PER SHARE
= NET PROFIT
NUMBER OF SHARE
RM 5.03 RM 5.61 2013 IS BETTER
THAN 2012
11

13. CONTENTS
NO. TITLE. PAGE.
1 ACKNOWLEDGE (COMPANY’S PROFILE) i
2 CONTENTS ii
3 COMPANY’S CORE BUSSINESS 2
4 COMPANY’S MISSION AND VISION 3
5 COMPANY’S BOARD OF DIRECTOR 4 - 8
6 COMPANY’S RATIO 9 - 11
7 COMMENT ON EACH RATIO 9 – 11
8 APPENDIX
ii