Vinamilk Annual report 2021

Prepare a report with the following parts.

Part I: Introduction
Briefly introduce Vinamilk and its business activities.
Briefly introduce the stock (Code: VNM) and its price range on HoSE.

Part II. Calculation

Calculate the following ratios for Vinamilk 2021
1. Liquidity ratios
 Current ratio
 Acid-test
 Cash ratio
2. Solvency ratios
 Debt ratio
 Debt to equity ratio
 Equity multiplier
 Times Interest earned
 Cash coverage ratio
3. Turnover ratios
 Inventories turnover
 Day's sales in inventories
 Receivables turnover
 Day's sales in inventories
 Total Assets turnover
4. Profitability ratios
 Profit margin
 ROA
 ROE
5. Market value ratios
 EPS
 PPS (31.12.2021)
 PE
 Market to book ratio

Part III. (Not compulsory but bonus scores shall be given if complete this part)
What do you comment after calculating these above ratios of Vinamilk?
Do you want to buy stock of Vinamilk and what should be the reasonable price range for VNM? Why?

Notes to students:
*This is not a pro-formal report but cover page is required. Please print the hardcopy and submit when having the
next offline class.
**Name of students shall be put on the cover page.