REVISED OUTLINE of FINANCIAL STATEMENT

ANALYSIS - FLC GROUP

1. Overview of FLC Group
- History
- Business and investment sectors ( b sung % cc lnh vc)
- Projects ( hon thnh, cha hon thnh v ang thi cng)
- Vn iu l: ti sao tng nhiu nh vy
- Phn tch trong assets c nhng g? Ci g tng khin assets
tng qua cc nm.
2. Financial statements analysis
a. Trend analysis: V graph
- V graph: Sales, COGS, Gross Profit, Operating profit, EBIT, Net
Profit
--> phn tch l do ca trend, a ra l do ti sao c trend nh
vy
- V graph: Cash, Trade Payables, Trade Receivables, Inventory
--> phn tch l do ca trend, gii thch ti sao ti sao
payables tng th cash gim, trong trade receivables c nhng j,
inventory c j
- B sung net working capital. Phn tch l do ca trend.
b. Ratio analysis
- Profitablility: ROE, ROA, Gross profit margin, EBIT margin
--> phn tch ch s qua cc nm tng gim ntn, ti sao, so snh
ch s ngnh v i th.
-

Efficiency: Asset turnover, days inventory, days debtors,

activity cycle
--> phn tch ch s qua cc nm tng gim ntn, ti sao s ngy
inventory thp
- Liquidity: current ratio, quick ratio, cashflow ratio
--> phn tch ch s qua cc nm tng gim ntn, gii thch ti sao:
current va quick ratio xu hng ngc nhau. Ti sao cashflow
ratio li gim vo nm 2015?
-

Capital Structure: Debt to equity, debt ratio, equity ratio ( chn

1 trong 3), interest coverage ratio

--> gii thch ti sao ratio c chiu hng nh vy. Interest

coverage nh vy tt khng
-

Market performance: Earnings per share, Dividend per share,

Price earnings ratio

--> so snh vi ch s ngnh. Kt qu cc ch s nh vy c tt

khng?
--> Weakness and Strength
--> Recommendations