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An Internship report

On
Financial Performance Analysis of Saint Jhon Textiles
Submitted to:
Mr. Badruzzaman
Controller of Examination
National University
Gazipur-1704.

Supervised by:
Muhammad Kamruzzaman
Program Coordinator BBA & MBA
Department of Business Administration
Mohammadpur Kendriya College, Dhaka

SUBMITTED BY
Imtiaz Ahmed
Roll No: 1302750
Reg. No: 2096813
Program: BBA
Session: 2012-2013
Major in Finance
Department of Business Administration
Mohammadpur Kendriya College, Dhaka

NATIONAL UNIVERSITY, GAZIPUR-1704


Date of Submission: 23rd January, 2018
Letter of Transmittal

Date: 23rd January, 2018


Mr. Badruzzaman
Controller of Examination
National University
Gazipur-1704.

Subject: Submission of Internship Report on “Financial Performance Analysis of Saint


Jhon Textiles”

Dear Sir,
I have the great pleasure to place before you my report “Financial Performance Analysis of
Saint Jhon Textiles” as a partial fulfillment of the requirements for the degree of Bachelor
of Business Administration (BBA). To prepare this I have gathered information from the
institution mentioned and I believe those are most important and appropriate. A part of the
information has been collected by reading different books, journals, company annual report
and visiting company’s web sites related to the arena.

I have worked hard in preparing this report and hope that it will satisfy my course
requirement. I will be always available for answering any query about this report.
I would like to request you to accept my report and thereby oblige me.

Sincerely Yours,

Imtiaz Ahmed
Roll No: 1302750
Reg. No: 2096813
Program: BBA
Session: 2012-2013
Major in Finance
Department of Business Administration
Mohammadpur Kendriya College, Dhaka

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Supervisor’s Certificate

This is to certify that Imtiaz Ahmed, Roll No: 1302750, Reg. No: 2096813, Program: BBA,
Session: 2012-2013, Major in Finance, Department of Business Administration,
Mohammadpur Kendriya College, Dhaka has been completed in the practical Internship
Program at the Saint Jhon Textiles and Completed the “Financial Performance Analysis of
Saint Jhon Textiles” Successfully with excellent performance under my supervision.

I wish his every success in life.

Muhammad Kamruzzaman
Program Coordinator BBA & MBA
Department of Business Administration
Mohammadpur Kendriya College, Dhaka

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Student’s Declaration

I do hereby solemnly declare that the work presented in this Internship Report titled
“Financial Performance Analysis of Saint Jhon Textiles” is an original work done by me
under the supervision of Muhammad Kamruzzaman, Program Coordinator BBA & MBA,
Department of Business Administration, Mohammadpur Kendriya College, Dhaka.

No part of this report has been previously submitted to any other University/ College/
Institution/ Organization for any academic certificate/ degree/ diploma/ qualification.

Imtiaz Ahmed
Roll No: 1302750
Reg. No: 2096813
Program: BBA
Session: 2012-2013
Major in Finance
Department of Business Administration
Mohammadpur Kendriya College, Dhaka

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Acknowledgement

At first I am grateful to Almighty ALLAH to give me the opportunity to complete my


internship program and this internship report. As a student of Mohammadpur Kendriya
College, Dhaka under National University. I would like to express a great pleasure to prepare
an internship report on “Financial Performance Analysis of Saint Jhon Textiles”. It would
be quite impossible to complete this report without the co-operation and suggestion of Saint
Jhon Textiles. It gives me immense pleasure to acknowledge them with my gratitude.

I am extremely thankful to my honorable supervisor of my internship program Muhammad


Kamruzzaman, Program Coordinator BBA & MBA, Department of Business
Administration, Mohammadpur Kendriya College, Dhaka. His tremendous support and
direction, co-operation, valuable advice and endless inspiration enable me to overcome all the
difficulty that produce during my internship and preparation of this report.

Lastly, I would like to thank and express my gratitude towards my friends who at various
stages had lent a helping hand.

Imtiaz Ahmed
Roll No: 1302750
Reg. No: 2096813
Program: BBA
Session: 2012-2013
Major in Finance
Department of Business Administration
Mohammadpur Kendriya College, Dhaka

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Executive Summary

Analysis of Financial Performance is the Process of identification the financial strengths and
weakness of the firm .The objective of the study is to analyze the financial ratios of Saint
Jhon Textiles. This study is based on secondary data .Data have been collected from Annual
reports of Saint Jhon Textiles.

Currently situated in Baridhara DOHS, Saint John Textiles (SJT) was first established in
1992 as "Classic Cotton Club" in Narayanganj. After a few successful ventures in the Ready
Made Garments (RMG) industry, it established itself as a successful buying house and
attracted and introduced a significant amount of foreign buyers to the RMG industry of
Bangladesh. It changed its name in 1994 and since then it exported billions of garments all
over the world.SJT has worked with most of the prominent brands in Europe and North
America.

The liquidity position of satisfactory than Saint Jhon Textiles. It implies that Saint Jhon
Textiles can manage its current liabilities and current assets in a good way. The efficiency
ratios of Saint Jhon Textiles are in good position. Low working capital turnover ratio of Saint
Jhon Textiles indicates that management is being extremely efficient in using a firm's short-
term assets and liabilities to support sales. Over the last five years the inventory ratio are not
satisfaction are not good position.

Saint Jhon Textiles have to be aware to maintain more liquidity. They have also managed
plenty current assets. Saint Jhon Textiles have to manage its asset more efficiently to generate
more revenue. The management has to control the of inventory turnover of Saint Jhon
Textiles. The company has to give attention to the inventory turnover. If inventory turnover
remains slower then the company can face the liquidity problem. The lower working capital
turnover ratio implies poor usage of the working capital in Saint Jhon Textiles. They have to
increase their turnover ratios for better efficiency in business.

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Table of Contents
Title Page No.
Letter of Transmittal ii
Supervisor’s Certificate iii
Student’s Declaration iv
Acknowledgement v
Executive Summary vi
CHAPTER-01: INTRODUCTION 01-04
1.1 Background of the Study 02
1.2 Objectives of the Study 02
1.2.1 Broad objectives 02
1.2.2 The specific objectives 02
1.3 Scope of the study 03
1.4 Methodology of the Study 03
1.4.1 Source of Data collection 03
1.4.2 Data Processing Methods 04
1.4 Limitations of the Study 04
CHAPTER-02: COMPANY OVERVIEW OF SAINT JHON TEXTILES 05-12
2.1 Overview of Saint John Textiles (SJT) 06
2.2Vision of Saint John Textiles (SJT) 06
2.3 Mission of Saint John Textiles (SJT) 06
2.4 Core Values 06
2.5 Company Objectives 07
2.6 Spinning Unit 07
2.7 Products 08
2.8 Major Byers 09
2.9 Production Analysis 09
2.10 Concerns 10
2.11 Competitors 10
2.12 MACHINERY 11
2.13 Organogram of Saint Jhon Textiles 12

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CHAPTER-03: THEORETICAL FRAMEWORK 13-17
3.1Theoretical Framework 14
3.1.1 Concepts of Finance 14
3.2 Concepts of Financial Activities 14
3.3 Meaning of Performance Evaluation 15
3.4 Ways of measuring Financial Performance 15-16
3.5 Objective of Financial Analysis 16
3.6 Ratio Analysis 17
CHAPTER-04: ANALYSIS AND FINDINGS 18-31
4.1 Financial Performance and Ratio Analysis of Saint Jhon Textiles. 19-28
4.2 SWOT Analysis 29
4.2.1 Strengths 29
4.2.2 Weaknesses 29
4.2.3 Opportunists 30
4.2.4 Threats 30
4.3 Findings 31
CHAPTER-05: RECOMMENDATIONS & CONCLUSION 32-39
5.1 Recommendations 33
5.2 Conclusion 34
References 35
Appendix 36-39

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