The statement is concerning to the understanding of analyzing the accounting info of a detailed company, making use of the various accounting information that provided to identify and take a look at the competitiveness and efficiency of the shown company. Besides, in order to look at the reliability of the data provided, examination of the balance sheet and salary statement is essential. The financial information can be obtained from the annual reports of Harbour-Link Group Berhad. In addition , the survey is required to include the top-down way which includes Economic examination, Industry examination and Primary analysis to analyze the listed company in the point of view intended for investors.
Desk of Content material
1 . Advantages
1 . Aims
2 . Research of the affirmation of financial position, the declaration of financial efficiency and cashflow statement.
1 . Financial Examination ratio:
Advantage efficiency rate
Capital Composition ratio
a few. Economic Research
4. Industry Analysis
In this report, Harbour-Link Group Berhad is chosen among the list of listed firms. Harbour-Link Group Berhad is definitely an investment holding company which gives shipping, forwarding and transport, plant and machinery employing, and anatomist contract services primarily in Malaysia and Singapore. Harbour-Link Group Berhad was founded back in of 75 and it is based in Bintulu, Sarawak, Malaysia. It absolutely was officially detailed on Bursa Malaysia Securities Berhad back in of 2004. Today, Harbour-Link Group's achievement lies in the strong foundation of expertise on the market and its capability to established the business as a reputable brand-name in the shipping, marine freight forwarding and travel industries.
1 . To distinguish the types of funds, "balance sheet" and revenue or decrease of the Harbour-Link Group Berhad.
2 . To investigate accounting info of Harbour-Link Group Berhad to examine the financial performance using Economic Performance Signals (ratio analysis)
3. To analyze the economy position, competitors inside the same companies and measure the operating efficiencies of the shown company.
5. To examine the competitiveness and efficiency from the listed company by using the different accounting data provided.
Financial analysis ratios are used to analyze the monetary performance of the company by which it will be shown in the proportions calculated. (Giles et al, 1994, l. 371)
Property efficiency Percentages
Asset turnover ratio
Through the data calculated, the asset turnover percentage for the financial yr of 2008, 2009 and 2010 happen to be 109. 19%, 92. 12% and seventy nine. 65%. This means that that the Harbour-Link Group Berhad is not doing well within the income of the services or products because the advantage turnover rate is reducing from year to year.
Debtor proceeds (in days)
Debtor proceeds is the debtor collection amount of a company. Harbour-Link Group Berhad had a debtor turnover of 73 times in the year of 2008. In the year of 2009, the debtor turnover is usually 77 times. However , it is debtor yield is lowered to 71 days. This kind of reflects the fact that possibility of standard risk for the debtors can be decreasing. Actually this is a good part of a company.
Products on hand turnover measures how often the company sell through its inventory for every year. In the year of 08, Harbour-Link Group has an products on hand turnover of 163 times. The yield increased to 212 moments in the monetary year of 2009 nevertheless the inventory proceeds decreased to 127 occasions in the year of 2010. This kind of reflects that the company sell better back in of 2009 but it lowered tremendously in the year of 2010.
Capital composition Ratio
Debt to equity ratio
The debt to collateral ratio of...
References: Abdul Aziz Abdul Rahman, 1997, The Maritime Economy of Malaysia, Pelanduk Publication
LABELLISE BASSE CONSOMMATION News, 18 September 2008, http://news.bbc.co.uk/2/hi/business/7615931.stm
Ocean going Institute of Malaysia, Malaysia and Dock Competitiveness, 2006
Mc Taggart et 's, 2007, Macroeconomics, 5th Copy, Pearson, Down under