You are on page 1of 6

 ROE(Return on Equity) = Net Income/Shareholder's Equity Theoretically, the higher ROE means using capital more

efficiently. The high ROE stocks have generally been favored investors.  ROA(return on assets) = Net Income/Average Total Assets The higher ratio indicates businesses do more effectively. Financial analysts use this ratio in comparison with business and industry average or other businesses in the same industry and the same comparative period.

Trước

Sau

2009

2010

2011

2012

I - TÀI SẢN NGẮN HẠN 632,304,259,290
1. Tiền và các khoản tương đương tiền 2. Các khoản đầu tư tài chính ngắn hạn 263,017,686 3. Các khoản phải thu ngắn hạn 383,013,485,874 382,815,612,168 499,327,897,804 569,030,227,866 263,392,572,242 5,289,850,000 72,497,047,878

965,658,787,106

774,996,288,093

1,431,880,954,644

53,121,048,641

77,060,328,531

49,967,120,314

36,628,586,637

4. Hàng tồn kho 170,999,002,722 231,318,190,899 215,294,551,270 699,559,220,798

5. Tài sản ngắn hạn khác

24,907,704,367

11,072,083,266

5,116,868,705

54,165,871,465

II - TÀI SẢN DÀI HẠN 563,315,632,036
1. Các khoản phải thu dài hạn

585,609,114,388

772,401,386,480

2,051,657,369,786

2. Tài sản cố định 112,756,314,995 107,119,765,970 45,494,458,089 306,021,738,372

3. Lợi thế thương mại 4. Bất động sản đầu tư

84,312,784,589 49,500,000,000

64,078,779,911 2,607,000,000

47,063,471,073 2,607,500,000

1,532,093,519,557 9,204,704,414

346 Tổng cộng tài sản I .121.619.195.544.573 3.368 674.252.497.031 183.201.325.757 592.392.453.296.897 842.990.619.251.674.140 2.712.417.046.211.695 56.745.191.501.865.547.364.547. Tài sản dài hạn khác 5.932.527 Tổng cộng nguồn vốn 1. Nợ dài hạn 9.538.NỢ PHẢI TRẢ 1.871.949.246.973.252.LỢI ÍCH CỦA CỔ ĐÔNG THIỂU SỐ 65.551.148.854.891.674.267.498.326 1.603.551.718.901.474.573 3.483.494 1.287 21.895.175 74.062 535.644 II .674.196.258.974.219.917.454.324.296.VỐN CHỦ SỞ HỮU 660.398.397.514 2.865.326 1.870.397.251.538.000 183.674.242.897 842.303.438 1.232 695.925.813.508 1.094.408.891 1.891.924 III . Nguồn kinh phí và các quỹ khác 729.619.606.430 469.5.841 112.483.630 3.163.891 1.565.097 6.104.974.603.273 570.479.652 3.430 .958.456.193 1.494 1.491.901.695 126.012.959.163.324.267.629 2.467.469. Vốn chủ sở hữu 657.204. Nợ ngắn hạn 460.800 407.660. Các khoản đầu tư tài chính dài hạn 311.195.683 1.630 729.961 124.

It also provides some indication of the company’s ability to withstand losses without impairing the interests of its creditors. The higher the percentage of debt to total assets.38 .Stock price Dec-12 Dec-13 In stock market 8. It is computed by dividing total debt (both current and long-term) by total assets. the greater the risk that the company may be unable to meet its maturing obligations. particularly its ability to pay interest as it comes due and to repay the face value of debt at maturity i)Debt to total assets ratio: The debt to total assets ratio measures the percentage of total financing provided by creditors. This ratio indicates the degree of financial leveraging.300 9.500 Solvency Ratios: Solvency ratios measure the ability of the enterprise to survive over a long period of time. The lower the ratio.200 In closing book 10. Long-term creditors and stockholders are interested in a company’s long-run solvency. the more equity “buffer” is available to creditors if the company becomes insolvent.700 4. 2012 Debt to total assets ratio 0.

creditors and investors alike are interested in evaluating profitability. Two factors strongly influence the profit margin ratio. i)Asset turnover ratio.Profitability ratios Profitability ratios measure the income or operating success of an enterprise for a given period of time. One is the gross profit rate. This rate indicates a company’s ability to maintain an adequate selling price above its cost of goods sold. Analysts frequently use profitability as the ultimate test of management’s operating effectiveness. Stockholders usually think in terms of the number of shares they own or plan to buy or sell. The gross profit rate is determined by dividing ross profit (net sales less cost of goods sold) by net sales. A company’s income. The asset turnover ratio measures how efficiently a company uses its assets to generate sales. ii)Gross profit rate. or the lack of it. Expressing net income earned on a per share basis provides a useful perspective for determining profitability. As a consequence. Earnings per share is a measure of the net income earned on . its liquidity position. The other factor that affects the return on assets ratio is the asset turnover ratio. and its ability to grow. affects its ability to obtain debt and equity financing. The resulting number shows the dollars of sales produced by each dollar invested in assets. It is determined by dividing net sales by average total assets for the period. iii)Earnings per share (EPS).

ii)Current ratio: The current ratio expresses the relationship of current assets to current liabilities.04) Liquidity ratios: Measures of the short-term ability of the company to pay its maturing obligations and to meet unexpected needs for cash.14) (0. It is computed by dividing net income by the average number of common shares outstanding during the year. A high measure indicates that inventory is being sold and replenished frequently.each share of common stock. The inventory turnover ratio is computed by dividing the cost of goods sold by the average inventory during the period. Its purpose is to measure the liquidity of the inventory. 2012 Earning per share Gross profit rate Return on assets ratio (538) (0. It is widely used for evaluating a company’s liquidity and shortterm debt-paying ability. i)Inventory turnover ratio: The inventory turnover ratio measures the number of times average inventory was sold during the period. . computed by dividing current assets by current liabilities.

increasing the risk of being out of stock exchange market.015 In overall.Alphanam lost in recent 3 years.482.Ii 2012 Inventory turnover ratio Current ratio Working capital 1. Alphanam faces will several problems which proved by these factors below: .22 1.14 180. and it’s hard to recall cash.Low inventory turnover ratio which means Alphanam can not sell their products. Stock exchange price witnessed a down ward trend also caused by the negative earning per share. . .942.