Essay Simple Ratio analysis on Food Industries

1942 Words8 Pages
CONTENT CHAPTER PAGE 1.0 INTRODUCTION 3 1.1 Company Profile 3 1.1.1 Hup Seng Industries Berhad 3 1.1.2 Hwa Tai Industries Berhad 3 1.2 Company Financial Position and Income Statement 4 1.2.1 Hup Seng Industries Berhad 4 1.2.2 Hwa Tai Industries Berhad 6 2.0 RATIOS ANALYSIS 8 2.1 Liquidity Ratios 8 2.1.1 Current Ratio 8 2.1.2 Quick (Acid-Test) Ratio 8 2.2 Activity Ratios 9 2.2.1 Inventory Turnover 9 2.2.2 Average Collection Period 9 2.2.3 Total Assets Turnover 10 2.3 Debt Ratios 11 2.3.1 Debt Ratio 11 2.3.2 Times Interest Earned Ratio 11 2.4 Profitability Ratios 12 2.4.1 Gross Profit…show more content…
TS Non-current assets Property, plant and equipment 16,924,076 Prepaid land lease payment 1,200,547 Investment in an associate company 1,756,406 19,881,029 Current assets Inventories 5,172,887 Trade and other receivables 25,679,086 Prepayments 278,949 Tax recoverable 186,601 Cash and bank balances 3,255,291 34,572,814 TOTAL ASSETS 54,453,843 EQUITY AND LIABILITIES Equity attributable to owners of the Company Share capital 40,042,400 Capital reserve - Accumulated losses -25,366,940 14,675,460 Non-controlling interests - Total Equity 14,675,460 Non-current liabilities Loans and borrowings 1,108,652 Deferred tax liabilities - Current Liabilities Trade and other payables 18,546,046 Loans and borrowings 19,967,621 Tax Payable 156,064 Total liabilities 39,778,383 TOTAL EQUITY AND LIABILITIES 54,453,843 Table 1.3: Hwa Tai Industries Berhad’s Financial Position 2012 (RM) Revenue 66,446,623 Cost of sales -49,501,691 Gross Profit 16,944,932 Other income 660,339 Selling and distribution expenses -9,653,922 Administrative expenses -6,876,388 Other expenses -387,990 Share of results of associate company 45,030 Finance costs -1,207,955 Loss before taxtation -475,954 Taxtation -98,735 Total comprehensive loss for the financial year -574,689 Total comprehensive loss attributable to: Owner of the company -574,689 Loss per share (sen)
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