Sample Assignment

Name:
Matrix No:
Company

Liquidity Ratios
2017 2018 2019
1 Current ratio: 0.25 0.78 0.88
Comments Company is XXXXXX

2 Quick ratio:
Comments xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx

Assignment Instructions:
Choose company that is listed in Bursa Malaysia and form a group in the same industry (minimum 4 members and maximum
Show your calculation in Execl (use the Excel formula).
Create two folders in google drive: 1 folder for the assignment and presentations. Another folder for the annual reports.
Submission is by sharing the google link drive with me. Please make sure the link is workable and have shared status (share
Deadline is on the 6th Seminar (10 January 2021) or before that.
 Chart Title
2019.5

2019

2018.5

2018

2017.5

2017

2016.5

2016
1 2 3

Row 8 Row 9

m 4 members and maximum 5 members). Eg, construction company like Ecoworld, IJM, MKH and UEM Sunrise. Groups can have similar

r for the annual reports.

d have shared status (shared with anyone with the link).
rt Title
1
0.9
0.8
0.7
0.6
0.5
0.4
0.3
0.2
0.1
0
2 3

8 Row 9

nrise. Groups can have similar industry but cannot share the same company. If it happens, marks will be divided into two.
vided into two.
CONSOLIDATED STATEMENT OF FINANCIAL POSITION

2017 2018
NON-CURRENT ASSETS
Property, plant and equipment 1230951.00 1313169.00
Investment in joint venture 31033.00 36120.00
Prepaid lease payments 16420.00 16026.00
Deferred taxation 218.00 0.00
Right-of-use assets
Other receivables 0.00 0.00
1278622.00 1365315.00

CURRENT ASSETS
Trade and other receivables 802955.00 750735.00
Tax recoverable 5163.00 0.00
Cash and cash equivalents 218198.00 232754.00
Investment funds with a licensed financial inst 0.00 171750.00
1026316.00 1155239.00

Total Asset 2304938.00 2520554.00

EQUITY AND LIABILITIES

Share capital 642000.00 642000.00
Cash flow hedge reserve -2278.00 -2044.00
Retained profits 410621.00 384176.00
1050343.00 1024132.00

Non-controlling interest 0.00

Total equity 1050343.00 1024132.00

NON-CURRENT LIABILITIES
Redeemable preference share 0.00 0.00
Deferred taxation 155496.00 157322.00
Borrowings 208970.00 181000.00
Contract liabilities 15205.00
Lease liabilities
364466.00 353527.00

CURRENT LIABILITIES
Trade and other payables 887139.00 1026082.00
Borrowings 2990.00 100000.00
Taxation 0.00 12158.00
Contract liabilities 4655.00
Amount due to a subsidiary 0.00
Tax payable
Lease liabilities
890129.00 1142895.00

Total liabilities 1254595.00 1496422.00

Total equity and liabilities 2304938.00 2520554.00

Other income
Revenue 53488.21 6233243.00
Cost of sales -50410.55 -5940538.00
Gross profit 3077.66 292705.00
Administrative expenses -68567.00 -58220.00
Selling and distribution expenses -1079.00 -1273.00
Other operating income 2243.00 1542.00
Profit from operations 240363.00 234754.00
Finance costs -5622.00 -12310.00
Share of results in joint ventures -5622.00 4853.00
Finance income 10123.00 6822.00
Profit before zakat and taxation 248181.00 234119.00
Zakat -3500.00 -3500.00
Tax expense -50530.00 -50227.00
Net profit for the financial year 1941.51 180392.00

Liquidity Ratios

2017.00 2018.00
Current Ratio 1.15 1.01

The adequacy of the firm's cash resources are healthy to meet short term on year 2017 till 2018
Comments
obligation on time because the current ratio is positive and more than 1 but on 2019 the ratio
drop to unhealthy cash resources
CA-Inventories-Prepaid/CL

2017 2018
Quick Ratio 0.23 0.34

Comments The firm is unable to pay-off it's short term obligations without having rely on
sale of inventory and prepaid.

2017 2018
Net Working Capital (RM) 136187.00 12344.00

Comments Net working capital measures solvency in term of absolute value or RM.
The firm's net working capital are positive on 2017 till 2018, but on 2019 the net working capital is negative
Which is the are facing a company financial crisis because depanding in capital liabilities.

Activity or Assets Management Ratios

2017 2018
Inventory Turnover -0.06 -7.91

Comments The firm's inventory turnover become lower year by year. In 2017, they reach
-0.06x while in 2017, the inverntory turnover drop to -7.91x and in 201
keep dropping at -8.28x. The firm less effective at using inventory to generate sales.

2017 2018
Total Assets Turnover 0.02 2.47

Comments Total asset turnover measures the firm's effectiveness in using all of its assets.
For this firm, it is effective year by year. In 2017, from 0.02x but in 2018,
it increase at 2.47x only and in 2019, it increasing at 2.63x only.

2017.00 2018.00
Average Collection Period 23.98 43.36
(Days Sales outstanding)

Comments Average length of time that the company must wait after making credit sales before
receiving the cash. The firm seems to have long time of average collection period
which is the collection been made 23 to 43 days.

Leverage or Debt Management Ratios

2017 2018
 Debt Ratio 54% 59%

Comments The firm is more than half is financed by it's operation debt ratio.
It's a unhealthy debt ratio.

2017 2018
Debt to Equity Ratio 119% 146%

Comments The firm debt to equity ratio show that this company uses less equity.
and more borrowing as the source of financing. Its increase from year to year.

2017 2018
Times interest Earnes 0.04 0.03
(Interest Coverage)
Comments The firm is unable to meet interest payment with 0.04x in 2017, 0.03x in 2018
and 0.04x time interest earned in 2019.

Profitability Ratio
2017 2018
1 Gross Profit Margin 6% 5%
Comments The firm is able to control cost of goods sold relative to its sales revenue lower
ita from 6% on 2017 to 4 % on 2019. The higher profit margin is more preferable.

2017 2018
Operation Profit Margin 0.04 0.00
Comments The firm's operating profit margin on 2017 at 0.04x while it is decreasing
 on 2018 & 2019 which almost with 0.00x. Operation profit margin measures the productivity of assets in
providing returns to both creditors and stockholder. Lower ratio indicates bad
productivity.

2017 2018
Net Profit Margin 4% 3%
Comments Net profit margin measures the after-tax profit per RM of sales after deducting
all expenses including interest and taxes. The firm's net profit margin on 2017
is at 4% while 2018 it's drop at 3% and maintain in 2019 at 3%.

2017 2018
Return on Total Asset (ROA) 0% 7%
CommentsThe firm still have a not good return at the 2017 on all of its asset investment or productivity
of assets in producing revenues but at 2018 the firm is able to control cost in operation.
by increase the ROA from 0% to 7% at 2018 & 2019

2017 2018
Return on Common Equity 0.18% 17.61%

Comments The firm is having good rate of return on its investment of the common stock or
net worth. The firm's return on common equity is increasing from 2017 with 0.18% to
17.61% in 2018 and increase in 2019 the return on common equity at 18.23%
Market Value Ratios or
Ownership Ratios
2017 2018
Earning Per Share (EPS) 12.50 14
Comments Earning per share measures the amount available to common stockholders per
share of common stock held. For this company, in 2017 the EPS is at RM 12.50 while
in 2018 it increasing at RM 14.00 and slightly increasing in 2019 with RM 14.8. The higher
a company's EPS, the more profitable it is considered to be.

2017 2018
Dividen per Share 13.00 13.50
Comments Dividend per share shows the amount of current earnings paid out on per share
basis to common stockholders. For this firm, the DPS in 2017 is at RM 13.00 while in
2018 it's slightly increasing at RM 13.5 and increase more in 2019 with RM 14.10, increasing
DPS is a great way for a company to signal strong performance to its shareholder.

2017 2018
Dividend payout ratio 104% 96%
Comments Dividend payout ratio indicates the amount of current earnings available to
common stockholders paid-out as dividend. For this firm, in 2017 the DPR is at
104% while in 2018 its decreasing t0 96% and in 2019 DPR with 95% only.
The redustion in dividends paid signal negative information to investors.
2019

1361431.00
67308.00
0.00

16903.00
87612.00
1533254.00

796384.00
0.00
169145.00
123281.00
1088810.00

2622064.00

642000.00
4414.00
396641.00
1043055.00

1043055.00

0.00
163535.00
181000.00
11911.00
1778.00
358224.00

1010641.00
201839.00
0.00
4529.00
 0.00
3282.00
494.00
1220785.00

1579009.00
2263840.00

6886453.00
-6595159.00
291294.00
-60005.00
-1288.00
2046.00
232047.00
-15366.00
21230.00
4234.00
242145.00
-3500.00
-48540.00
190105.00

Current Ratio
1.40
1.15
1.20 1.01
1.00 0.89
0.80
0.60
0.40
2019.00 0.20
0.00
0.89 2017.00 2018.00 2019.00

n year 2017 till 2018

Quick Ratio
t on 2019 the ratio
0.40
0.34
0.35
ories-Prepaid/CL 0.30
0.23 0.24
0.25
2019 0.20
0.15
0.10
0.05
0.00
2017 2018 2019
 0.34
0.35
0.30
0.23 0.24
0.25
0.20
0.15
0.24
0.10
0.05
0.00
2017 2018 2019

Net Working Capital (RM)

200000.00
2019 150000.00
-131975.00 100000.00
50000.00
0.00
2017 2018 2019
-50000.00
working capital is negative -100000.00
apital liabilities. -150000.00

Inventory Turnover
0.00
2017 2018 2019
-2.00
2019
-4.00
-8.28
-6.00
-8.00
-10.00
ver drop to -7.91x and in 2019, the turnover
enerate sales.
Total Assets Turnover
3.00
2.50
2019 2.00
2.63 1.50
1.00
0.50
0.00
2017 2018 2019

Average Collection Period

50.00
2019.00
40.00
41.63
30.00
20.00
t sales before 10.00
ction period 0.00
2017.00 2018.00 2019.00

Debt Ratio
2019 62%
60%
58%
56%
54%
52%
 Debt Ratio
62%
60% 60%
58%
56%
54%
52%
50%
2017 2018 2019

Debt to Equity Ratio

160%
140%
2019
120%
151% 100%
80%
60%
40%
20%
0%
2017 2018 2019

Times interest Earnes

0.05
2019 0.05
0.04 0.04
0.04
0.03
0.03
0.02
0.02
0.01
0.01
0.00
2017 2018 2019

2019
4% Gross Profit Margin
enue lower 7%
e preferable. 6%
5%
4%
3%
2%
1%
0%
2017 2018 2019

2019 Operation Profit Margin

0.00 0.05
0.04
0.04
0.03
0.03
0.02
 Operation Profit Margin
0.05
0.04
productivity of assets in 0.04
dicates bad 0.03
0.03
0.02
0.02
0.01
0.01
0.00
2017 2018 2019

2019
3% Net Profit Margin
r deducting 4%
4%
3%
3%
2%
2%
1%
1%
0%
2017 2018 2019

2019
Return on Total Asset (ROA)
7%
8%
ent or productivity
7%
ost in operation.
6%
5%
4%
3%
2%
1%
0%
2017 2018 2019

2019 Return on Common Equity

18.23% 20.00%
18.00%
16.00%
mon stock or 14.00%
12.00%
with 0.18% to 10.00%
8.00%
6.00%
4.00%
2.00%
0.00%
2017 2018 2019
 8.00%
6.00%
4.00%
2.00%
0.00%
2017 2018 2019

Earning Per Share (EPS)

2019 15.00
14.8
14.50
holders per
M 12.50 while 14.00

14.8. The higher 13.50

13.00

12.50

12.00

11.50

11.00
2017 2018 2019

2019 Dividen per Share

14.10 14.20
n per share 14.00
13.00 while in
13.80
14.10, increasing
13.60
shareholder.
13.40
13.20
13.00
12.80
12.60
12.40
2017 2018 2019

Dividend payout ratio

106%

104%

2019 102%
95% 100%

98%
e DPR is at
96%

94%

92%

90%
2017 2018 2019
94%

92%

90%
2017 2018 2019
A)

2019

19
19

2019

2019

2019
2019