You are on page 1of 7

SCHOOL OF ARCHITECTURE, BUILDING AND DESIGN

BACHELOR OF QUANTITY SURVEYING (HONOURS)

QSB 3413/QSB3414/FIN60203 FINANCIAL MANAGEMENT


AUGUST 2018 SEMESTER

GROUP ASSIGNMENT
You are required to perform a financial analysis of KEN Holdings Berhad, a company listed on the
Main Market of Bursa Malaysia.

You are to download the latest annual reports of KEN Holdings Berhad. The company’s annual as
well as quarterly reports can be downloaded from the Bursa Malaysia website and also the company’s
website.

Written Report

Using information that you can glean from its annual and quarterly reports, as well as from other
sources such as newspapers, online sources and industry magazines, write a report evaluating the
financial strength of KEN Holdings Berhad. Your report should contain the following information:

(a) A brief background of the company and its development – its establishment, expansion, listing,
shareholders, key management personnel, etc.

(b) The principal activities of the company.

(c) An analysis of the revenue contributions of the different segments of the company.

(d) An evaluation of the current state of the main/major industry or industries in which the company
operates, e.g., the current size of the market, the prospects for future growth, challenges facing
the industry, etc.

(e) An analysis of the company’s strengths and weaknesses.

(f) The company’s strategic plans for seizing opportunities and for facing challenges in its industry.

(g) Identify the company’s major capital investments during its last three financial years and the major
sources of funding for these investments.

(h) Analyze KEN Holdings Berhad’s financial condition for the FY2017, evaluating trends in the last 4
financial years (FY2013, FY2014, FY2015, FY2016) in the company’s
(i) liquidity
(ii) activity
(iii) debt
(iv) profitability, and
(v) market performance (i.e., related to shareholders).

Include the following ratios in your analysis.


1. Current ratio
2. Quick ratio
3. Inventory turnover
4. Average collection period
5. Average payment period
6. Total asset turnover
7. Debt ratio
8. Times interest earned
9. Fixed payment coverage ratio
10. Gross profit margin
11. Operating profit margin
12. Net profit margin
13. Return on total assets
14. Return on common equity
15. Earnings per share (EPS)
16. Price/earnings (P/E)
17. Price/book ratio (P/B)

(l) A clear conclusion and recommendations for improvements or for further investigations on the
financial strength of the company.

(m) All financial data, ratio formulas and calculations of ratios are to be shown in appendices.

PLAGIARISM, WHICH IS AN ATTEMPT TO PRESENT ANOTHER PERSON’S WORK AS YOUR


OWN BY NOT ACKNOWLEDING THE SOURCE, IS A SERIOUS CASE OF MISCONDUCT. ANY
GROUP WHICH PLAGIARISES THEIR WORK WOULD FACE THE PENALTY IMPOSED BY THE
DISCIPLINARY BOARD OF TAYLOR’S UNIVERSITY.

---------------------------- END OF ASSIGNMENT QUESTION ----------------------------


ASSIGNMENT GUIDELINES

1. The assignment contributes 30% towards the overall assessment for this module.

2. Assignment deadlines:
Written report : Week 13

3. You must form your own group consisting maximum of 6 members. Once the group is finalized,
changing of groups is not allowed.

4. Please elect a leader for each group. Group leaders are responsible for motivating the group
members to ensure the final report achieves the highest level of quality. Do alert the lecturer/tutor
at the early stages of the assignment if any group member is not contributing towards the group
project.

5. Please include the relevant pages of the annual report that was used for your analysis as
appendices. Do not attach the whole annual report. Marks will be deducted for failing to adhere to
this requirement.

6. The written report must be submitted in MS Word document. Use only the font Times New Roman
or Arial, Size 11, with line spacing of 1.5, printed on A4 sheets. Please use the attached cover
page for your assignment.

7. You must attach the following Assignment Cover Sheet and Assignment Feedback Form to the
front of your assignment. Ensure that you have entered complete details clearly in the cover sheet
and feedback form. Please maintain the formatting of the cover sheet and feedback form when
submitting them.
ASSIGNMENT COVER SHEET

An Assignment cover sheet needs to be included with each assignment. Please complete all details clearly.

When submitting the printed copy of this assignment, please attach this sheet to the front of your assignment. When submitting the assignment online,
please ensure this cover sheet is included as the first page of your document.

Please check with your subject lecturer for assignment submission locations.

Names: Student IDs:

Programme: Bachelor of Quantity Surveying (Honours), SCHOOL OF ARCHITECTURE, BUILDING & DESIGN

Email (Group Leader): Contact No (Group Leader):

Subject code and title: QSB3413/QSB3414/FIN60203 FINANCIAL MANAGEMENT


Module Lecturer/ Tutor: Tay Shir Men
Assignment number: Group Written Assignment Due date:
Assignment topic as stated in the guidelines provided: Business and financial analyses and forecasts of a company.

Further Information: (e.g. state if extension was granted and attach evidence of approval and Revised Submission Date)

I have read and understood the Taylor’s University Regulations on cheating, plagiarism and collusion and state that this piece of work is my own and does
not contain any unacknowledged work from any other sources.

I authorise the University to test any work submitted by me, using text comparison software, for instances of plagiarism. I understand this will involve the
University or its contractor copying my work and storing it on a database to be used in future to test work submitted by others.

Note: The attachment of this statement on any electronically submitted assignments will be deemed to have the same authority as a signed statement.

Signed: Name: Date:

Date received from student : Received by:


GRADE/ MARK
ASSIGNMENT FEEDBACK

A. A feedback form needs to be included with each assignment. Please complete all details clearly.

Student Names and IDs:

Programme: Bachelor of Quantity Surveying (Honours), SCHOOL OF ARCHITECTURE, BUILDING & DESIGN

Email : Contact No :

Module code and title: QSB3413/QSB3414/FIN60203 FINANCIAL MANAGEMENT Module Lecturer/ Tutor:

Assignment number: Group Written Assignment Due date: Word Count:


Assignment topic as stated in the guidelines provided: Business and financial analyses and forecasts of a company.

B. This section will be completed by the lecturer/tutor assessing your assignment:


DISTINCTION CREDIT PASS MARGINAL FAIL
CRITERIA % (7.5-10) (6-7.4) (5-5.9) FAIL(4-4.9) (0-3.9) SCORE
Executive summary, 5 # Excellent # Good # Fair # Poor # Confusing
introduction, background Well-researched, objective and Shows little or no research, biased or
and principal activities, and clearly written. irrelevant, lacks clarity.
strategic plans of the
company

Industry analysis 10 # Excellent # Good # Fair # Poor # Erroneous


Relevant, up-to-date and well- Irrelevant, outdated, little evidence of
researched. research.
Financial analysis 70 # Excellent # Good # Fair # Poor # Erroneous
Accurate calculations of the latest Multiple errors in calculations
financial data over two years, showing lack of understanding, fails
comparison with industry data, well- to evaluate company by comparing
reasoned analyses. with relevant industry data, no
reasoned analysis of financial data.

Financial forecasts 10 # Excellent # Good # Fair # Poor # Erroneous


Accurate calculations and Multiple errors in calculations
correct conclusions. Excellent showing lack of understanding.
evaluation of the projected cash Forecasts without any basis or
requirements. justification. Missing or invalid
conclusions and analyses.
Structure and presentation, 5 # Excellent # Good # Fair # Poor # Erroneous
language, reference of Excellent headings/sub-headings, Inappropriate or no headings, poor
sources layout, pagination. Excellent and confusing layout, innappropriate
grammar, spelling. Effective/accurate or no numbering. Weak grammar,
use of figures and tables. Excellent many spelling mistakes,
references of sources. ineffective/inaccurate use of figures
and tables. Poor or no references of
sources.

Penalty

Total (100%)

Final score (25%)


Any additional comments (if there is any):Comments:

Assessed by: Date:

Sample Moderated by (if any): Date:


Marking Criteria for Assignment

DISTINCTION CREDIT PASS MARGINAL FAIL FAIL


% Task details (75-100) (60-74) (50-59) (40-49) (0-39)

Executive 5 Remember that this # Excellent # Good # Fair # Poor # Inadequate


summary, should be a report and Well-researched, impressive Good level of research, Fair level of research, Poor effort in research, Shows little or no research,
introduction, should be presented in a choice and range of relevant covers all the main points, missing some important missing relevant information biased or irrelevant, lacks
background and professional report format. information, objective and objective, relevant information, some or contains wrong/outdated clarity.
principal Presentation should clearly written. errors/omissions. information.
activities, and include tables/graphs to
enhance
strategic plans of
understandability.
the company

Industry analysis 10 You are expected to # Excellent # Good # Fair # Poor # Inadequate
research the industry in Relevant, up-to-date and Good level of relevant Fair level of appropriate Poor effort in researching Irrelevant, outdated, little
which the company well-researched, outstanding information, current and information, some outdated the industry, some irrelevant evidence of research.
operates to give context to level of detail. appropriate. or errors, somewhat or outdated info,
your financial analysis. incomplete.

Financial analysis 70 This includes accurate # Excellent # Good # Fair # Poor # Inadequate
calculations of relevant Accurate calculations of the Accurate calculation of Fairly accurate calculation of Errors in calculations Multiple errors in
ratios and analyses of latest financial data over 5 relevant ratios for 5 years, relevant ratios, fair showing lack of calculations showing lack of
trends in tables/graphs. years, comparison with good analyses of ratios and description of trends, lacking understanding, weak/limited understanding, fails to
Comparison should be industry data, well-reasoned trends, comparison with comparison with industry analyses. evaluate company by
made to competitors analyses. Excellent analysis industry data or competitors. data or competitors. comparing with relevant
and/or industry averages. of trends. Contains some errors or industry data, no reasoned
Analyses and evaluations omissions. analysis of financial data.
should be made in the
context of the current
industry climate.

Financial 10 Accurate calculations of # Excellent # Good # Fair # Poor # Inadequate


forecasts forecast income statement Accurate calculations and Accurate calculations and Fairly accurate calculations Some major errors in Multiple errors in
and any required external correct conclusions. correct conclusions. Good with conclusion that lack calculations, poor or calculations showing lack of
funding or surplus cash. Excellent evaluation of the evaluation of the projected some clarity and analysis. inaccurate understanding. Forecasts
projected cash cash requirements. conclusions/analyses. without any basis or justification.
requirements. Missing or invalid
conclusions and analyses.

Structure and 5 Professional writing and # Excellent # Good # Fair # Poor # Inadequate
presentation, presentation, including Excellent headings/sub- Good use of headings, Layout that is fairly readable Lacking appropriate Inappropriate or no
language, good page layout, use of headings, layout, pagination. layout is clear, good with appropriate pagination, headings/subheadings, poor headings, poor and
reference of headers, pagination, Excellent grammar, spelling. pagination, some use of some spelling and paragraphing, many spelling confusing layout,
sources organisation of sections, Effective/accurate use of table/graphs to illustrate grammatical errors, lacking and grammatical errors, inappropriate or no
reference of sources, figures and tables. Excellent trends. Good reference of logical flow in some parts, lacking logical flow in many numbering. Weak grammar,
inclusion of relevant references of sources. sources. effective use tables/graphs parts. many spelling mistakes,
details in notes and to illustrate main points. ineffective/inaccurate use of
appendices. figures and tables. Poor or
no references of sources.
PRESENTATION IS NOT REQUIRED