LBS Bina Group Berhad's financial condition from FY2013 to FY2015 is analyzed. Key financial ratios like current ratio, quick ratio, inventory turnover, average collection period, debt ratio, times interest earned, gross profit margin, net profit margin, and return on assets declined from FY2013 to FY2014 but recovered slightly or remained stable from FY2014 to FY2015. Total assets increased over the period while debt levels also rose. Profits fell sharply from FY2013 to FY2014 and recovered modestly from FY2014 to FY2015.

1. APPENDIX
h) Analyse LBS Bina Group Berhad's financial condition for the FY2015, evaluating trends in
the last 2 years (FY2013, FY2014) in the company's
FY2013 FY2014 FY2015
RM RM RM
1 Current Ratio X 1.52 1.46 1.43
2 Quick Ratio X 1.48 1.44 1.34
3 Inventory Turnover X 16.17 35.00 5.81
4 Average Collection Period Days 189.19 188.56 198.15
5 Average Payment Period Days 457.07 410.31 491.22
6 Total Asset Turnover X 0.27 0.30 0.28
7 Debt Ratio % 56.58% 56.67% 58.42%
8 Times Interest Earned X 29.14 5.36 5.88
9 Fixed Charge Coverage Ratio 4.06 2.40 4.47
10 Gross Profit Margin % 31.60% 31.78% 34.58%
11 Operating Profit Margin % 82.86% 18.88% 18.86%
12 Net Profit Margin % 74.47% 10.04% 10.36%
13 Return on Total Assets % 19.77% 3.02% 2.90%
14 Return on Common Equity % 45.53% 6.98% 6.96%
15 Earning Per Share RM 96.09 sen 14.06 sen 14.09 sen
16 Price/ Earning (P/E) X 1.53 11.10 10.00
17 Price/ Book Ratio (P/B) X 0.69 0.81 0.75
ITEM UNITRATIO

2. APPENDIX
h) Analyse LBS Bina Group Berhad's financial condition for the FY2015, evaluating trends in the last 2 years (FY2013,
FY2014) in the company's
FY2013 FY2014 FY2015
RM RM RM
1 925,492,766 1,223,704,038 1,332,051,755
609,599,483 839,094,406 934,070,044
X = 1.52 = 1.46 = 1.43
2 902,917,650 1,210,679,947 1,255,514,483
609,599,483 839,094,406 934,070,044
X = 1.48 = 1.44 = 1.34
3 364,955,568 455,874,300 445,041,756
22,575,116 13,024,091 76,537,272
X = 16.17 = 35.00 = 5.81
4 174,316,241 181,575,618 196,123,831
921,404.123 962,933.951 989,786.784
Days = 189.19 = 188.56 = 198.15
5
Days = 457.07 = 410.31 = 491.22
6 533,532,722 668,265,030 680,295,861
2,009,812,670 2,219,634,894 2,434,777,794
X = 0.27 = 0.30 = 0.28
7 1,137,172,437 1,257,780,460 1,422,405,095
2,009,812,670 2,219,634,894 2,434,777,794
% = 56.58% = 56.67% = 58.42%
8 442,098,118 126,171,744 128,300,833
15,170,850 23,533,952 21,831,551
X = 29.14 = 5.36 = 5.88
9
566,601,544 176,019,511 137,193,748
139,674,276 73,383,719 30,724,466
= 4.06 = 2.40 = 4.47
10 168,577,154 212,390,730 235,254,105
533,532,722 668,265,030 680,295,861
% = 31.60% = 31.78% = 34.58%
11 442,098,118 126,171,744 128,300,833
533,532,722 668,265,030 680,295,861
% = 82.86% = 18.88% = 18.86%
12 397,323,654 67,093,761 70,495,985
533,532,722 668,265,030 680,295,861
% = 74.47% = 10.04% = 10.36%
13
397,323,654 67,093,761 70,495,985
2,009,812,670 2,219,634,894 2,434,777,794
% = 19.77% = 3.02% = 2.90%
= =
= = =
= = =
= = =
= = =
= = =
= = =
= = =
=
:
ITEM
Average
Payment Period
:
Total Asset
Turnover
:
RATIO
Inventory
Turnover
:
:
Operating Profits
Interest Expense
Operatings Profits
Sales
Net Income
Debt Ratio :
Times Interest
Earned
:
Net Profit Margin :
Return on Total
Assets (ROA)
:
Earning Available for Common
Stockholders
Total Assets
Sales
Fixed-Charge
Coverage Ratio
:
Gross Profit
Margin
:
Operating Pofit
Margin
UNITFORMULA
EBIT + Fixed Charge (before
taxes)
Fixed Charge (before taxes) +
Interest
Sales - Cost of Good Sold
Sales
= = =
= = =
=
Current Assets
Current Liabilities
Cost of Good Sold
Inventory
Sales
Total Assets
Total Debt
Total Assets
Account Receivable
Annual Credit Sales / 365
Current Assets - Inventory
Average
Collection Period
Account Payble
Account Purchase
x 365
= =Current Ratio :
Quick Ratio :
Current Liabilities
= = =
= = =
457,014,224
364,955,568
x 365
512,464,914
455,874,300
𝑥 365
598,944,944
445,041,756
𝑥 365

3. APPENDIX
h) Analyse LBS Bina Group Berhad's financial condition for the FY2015, evaluating trends in the last 2 years (FY2013,
FY2014) in the company's
FY2013 FY2014 FY2015
RM RM RM
ITEM RATIO UNITFORMULA
14 397,323,654 67,093,761 70,495,985
872,640,233 961,854,434 1,012,372,699
% = 45.5% = 7.0% = 7.0%
15 392,662,537 69,929,925 76,074,430
408,618,153 497,413,874 539,759,293
RM = 0.9610 = 0.1406 = 0.1409
16 1.47 1.56 1.41
0.96 0.14 0.14
X = 1.53 = 11.10 = 10.00
17 1.47 1.56 1.41
2.14 1.93 1.88
X = 0.69 = 0.81 = 0.75
= = =
= =
= = =
=
=
==
Market Price Per Share
Earnings Per Share
Market Price Per Share
Equity Book Value Per Share
Number of Share of Common
Stock Outstanding
Return on
Common Equity
:
Earning Per
Share
:
Price/ Earning
(P/E)
:
Price/ Book Ratio
(P/B)
:
Earning Available for common
stockholders
Net Income
Total Common Equity

4. APPENDIX
Balance Sheet
FY2013 FY2014 FY2015
RM RM RM
Non-Current Assets
Property, plant and equipment 212,749,463 214,444,731 240,941,611
Capital work-in-progress 3,306,077 208,447 6,229,079
Land and property development costs 392,462,614 347,549,001 515,026,439
Investment properties 6,524,170 33,197,563 33,767,090
Investment in subsidiary compaines - - -
Investment in associated companies 2,993,256 13,868,068 13,879,340
Trade receivables 13,726,217 - -
Promissory notes 219,098,880 159,661,639 100,498,924
Other investments 138,449,101 136,869,815 94,983,631
Goodwill on consolidation 94,154,754 87,142,327 84,217,235
Deferred tax assets 855,372 2,989,265 13,182,690
Total Non-Current Assets 1,084,319,904 995,930,856 1,102,726,039
Current Assets
Land and property development costs 237,730,432 383,729,714 437,734,614
Inventories 22,575,116 13,024,091 76,537,272
Amount owing by customers on contracts - 3,693,953 56,017
Accrued bulling in respect of propety
development cost 71,047,149 123,689,261 149,080,582
Trade receivables 174,316,241 181,575,618 196,123,831
Others receivables 23,496,646 63,631,041 92,873,289
Promissory note 100,573,440 85,866,581 105,523,704
Other investments - 27,070,770 38,488,161
Amount owing by subsidiary companies - - -
Tax recoverable 5,712,285 8,984,728 8,042,029
Fixed deposits with licensed banks 152,756,932 160,983,954 33,471,075
Cash held under Housing Developmeny Accounts 57,977,521 89,132,344 87,735,381
Cash and bank balances 78,610,013 82,321,983 106,385,800
924,795,775 1,223,704,038 1,332,051,755
Non-Current asstes classified as held for sale 696,991 -
Total Current Assets 925,492,766 1,223,704,038 1,332,051,755
Total Assets 2,009,812,670 2,219,634,894 2,434,777,794
Equity
Share capital 479,651,357 538,298,257 551,437,117
Share premium 26,641,899 44,586,608 48,298,035
Treasury Shares (9,541,438) (14,678,685) (8,634,411)
Other reserves (42,942,110) (38,422,577) (24,605,115)
Retained profits/ (Accumulated losses) 415,847,590 439,277,991 465,165,545
Equity attributable to owners of the Parent 869,657,298 969,061,594 1,031,661,171
Non-controlling interest 2,982,935 (7,207,160) (19,288,472)
Total Equity 872,640,233 961,854,434 1,012,372,699

5. APPENDIX
Balance Sheet
FY2013 FY2014 FY2015
RM RM RM
Non-Current Liabilities
Islamic Securities 30,000,000 - -
Bank borrowings 287,969,337 274,566,258 287,939,163
Trade payables 119,328,319 50,854,138 93,613,370
Other payables 47,432,572 48,591,303 56,228,935
Finance lease payables 3,303,044 3,688,384 5,099,292
Amount owing to a subsidiary company - - -
Deferred tax liabilities 39,539,682 40,985,971 45,454,291
Total Non-Current Liabilities 527,572,954 418,686,054 488,335,051
Current Liabilities
Amount owing to customers on Contracts 3,612,851 5,093,951 5,602,800
Progress billing in respect of property
development costs 77,221,417 116,799,940 45,209,124
Trade payables 199,457,872 277,401,479 315,942,280
Other payables 256,536,875 234,037,527 281,302,004
Bank overdrafts 761,587 13,263,668 43,665,940
Finance lease payables 1,019,477 1,025,908 1,700,660
Islamic Securities - 10,000,000 -
Bank borrowings 60,035,307 173,964,415 229,765,752
Amount owing to subsidiary companies - - -
Tax payables 10,954,097 7,507,518 10,881,484
Total Current Liabilities 609,599,483 839,094,406 934,070,044
Total Liabilities 1,137,172,437 1,257,780,460 1,422,405,095
Total Equity and Liabilities 2,009,812,670 2,219,634,894 2,434,777,794

6. APPENDIX
Income Statement
FY2013 FY2014 FY2015
RM RM RM
Revenue 533,532,722 668,265,030 680,295,861
Cost of sales (364,955,568) (455,874,300) (445,041,756)
Gross Profit 168,577,154 212,390,730 235,254,105
Other income 359,117,909 29,795,333 28,072,285
Admistrative and operating expenses (85,596,945) (116,014,319) (135,025,557)
Profit from operations 442,098,118 126,171,744 128,300,833
Finance costs (15,170,850) (23,533,952) (21,831,551)
Share of profit in associated companies (25,347) 1,493,262 1,618,371
Profit before taxation 426,901,921 104,131,054 108,087,653
Taxation (32,886,164) (37,035,293) (37,591,668)
Profit from continuing operations 394,015,757 67,095,761 70,495,985
Discontinued operations
Profit from discontinued operations 3,307,897 - -
Net profit for the financial year 397,323,654 67,095,761 70,495,985
Other comprehensive income, net of tax:
Exchange transiation differences for
foreign operations 13,682,663 29,514,783 64,911,675
Transactions with non-controlling interests 271,036 - -
(Loss)/ Gain on revaluation of available-for-
sale financial asstes - 4,646,143 (21,232,278)
Reclassification adjustment for disposal of
available-for-sale-financial asstes - 1,465,100 1,888,206
13,953,699 35,626,026 45,567,603
Total comprehensive income for the
financial year 411,277,353 102,721,787 116,063,588
Net profit for the financial year
attributable to :
Owners of the Parent 392,662,537 69,929,925 76,074,430
Non-controlling interests 4,661,117 (2,836,164) (5,578,445)
397,323,654 67,093,761 70,495,985

7. APPENDIX
Income Statement
FY2013 FY2014 FY2015
RM RM RM
Total comprehensive income for the
financial year attributable to:
Owners of the Parent 399,978,862 106,711,661 126,835,601
Non-controlling interest 11,298,491 (3,991,874) (10,772,013)
411,277,353 102,719,787 116,063,588
Earnings per share attributable to owners
of the Parent (sen)
Basic earnings per share
Profit from continuing operations 95.40 14.06 14
Profit from discontinued operations 0.69 - -
Total 96.09 14.06 14.09
Diluted earnings per share
Profit from cotinuing operations 91.39 13.45 13.13
Profit from discontinued operations 0.66 - -
Total 92.05 13.45 13.13

8. APPENDIX
Earning Per Share
FY2013 FY2014 FY2015
RM RM RM
Net profit for the financial year attributable
to owners of the Parent (RM)
- continuing operations 389,839,892 69,929,925 76,074,430
- discontinued operations 2,822,645 - -
392,662,537 69,929,925 76,074,430
Weighted average number of ordinary
shares in issue
Ordinary shares in issue as at 1 January 386,552,557 479,651,357 538,298,257
Effect of ordinary shares issed during the year 29,858,404 27,097,602 7,650,033
Effect of trasury shares held (7,792,808) (9,335,085) (6,188,997)
Weighted average number of ordinary shares 408,618,153 497,413,874 539,759,293
as at 31 December
Basic earning per share (sen)
- continuing operations 95.40% 14.06% 14.09%
- discontinued operations 0.69% - -
96.10% 14.06% 14.09%

9. APPENDIX
Share Capital
FY2013 FY2014 FY2015
Number of Sharholders
Issued and fully paid-up capital : RM498,287,257* RM530,066,257* RM551,613,617*
No.of Shareholders : 6,301 6,127 5,966
Share
Market Price per Share * : 1.47 1.56 1.41
Equity Book Value per Share : 2.14 1.93 1.88
*Source from : https://finance.yahoo.com/quote/5789.KL/history?period1=1356969600&period2=
1388419200&interval=1d&filter=history&frequency=1d
Cash Flow
Changes in working capital
Trade receivables 27,239,262 18,147,184 16,427,273