FACULTY OF ADMINISTRATIVE SCIENCE AND POLICIES STUDIES

BACHELOR OF CORPORATE ADMINISTRATION (HONS) AM225

FINANCIAL AND MANAGEMENT ACCOUNTING – ACC466

FINANCIAL STATEMENT ANALYSIS OF POH KONG HOLDINGS BERHAD

FOR YEAR 2023

GROUP PROJECT 2 (20%)

PREPARED BY:

NO NAME STUDENT ID

1. NUR AZWA ADHA BINTI ROSLI 2021470388

2. SYARIFAH SAFARIAH 2021627774

3. SHAMIEM FARHAN BIN MOHD SHUPIAN 2021697362

4. SHARIFAH BALQIS BINTI SYED ROSIDIN 2021468418

5. NUR ANIS BINTI MASHASAN 2022930397

PREPARED FOR:
MADAM WAN MARDYATUL MIZA BINTI WAN TAHIR
ACKNOWLEDGEMENT
TABLE OF CONTENT
1.0 INTRODUCTION OF THE COMPANY
WORKING/CALCULATION OF FINANCIAL RATIOS:

a) LIQUIDITY RATIOS

1. CURRENT RATIO = Current Assets,1 0

Current Liabilities

YEAR 2018 (RM) 2022 (RM)

Current Ratio 348,170,256 170,879,195

(times) 302,039,904 70,838,757

= 1.15 times = 2.41 times

2. QUICK RATIO = Current Assets - Closing Stock - Prepayment

Current Liabilities

YEAR 2018 (RM) 2022 (RM)

Quick Ratio 348,170,256 - 10,975,777 - 170,879,195 - 26,685,965 -

(times) 1,511,141 0 274,583 0
302,039,904 70,838,757

=1.11 times = 2.03 times

b) PROFITABILITY RATIOS

1. NET PROFIT MARGIN = Net Profit x 100

Sales

YEAR 2018 (RM) 2022 (RM)

Net Profit Margin 11,528,639 21,148,620

(%) 266,339,551 711,796,082

= 0.0432 x 100 =0.03 x 100

= 4.32% = 3%
2. GROSS PROFIT MARGIN = Gross Profit x 100
Sales

YEAR 2018 (RM) 2022 (RM)

Gross Profit o 39,377,337

Margin (%) 266,339,551 711,796,082

= 0.1 x 100 = 0.055 x 100

= 10% = 5.5%

3. RETURN ON ASSETS = Net Profit x 100

Total Asset

YEAR 2018 (RM) 2022 (RM)

Return on Asset 11,528,639 21,148,620

(%) 535,565,424 337,543,292

=0.0215 x 100 =0.0626 x 100

= 2.15% = 6.26%

4. RETURN ON CAPITAL EMPLOYED = EBIT x 100

Equity + Non Current Liability

YEAR 2018 (RM) 2022 (RM)

Return on Capital 3 19,236,815 0

Employed (%) 266,643,684 + 60,851
= 0.03 x 100
= 0.07 x 100
= 3%
= 7%
c) LEVERAGE RATIOS

1. DEBT RATIO = Non-current Liability + Current Liability x 100

Non-current Assets + Current Asset

YEAR 2018 (RM) 2022 (RM)

Debt Ratio (%) 300,011 + 302,039,904 0 60,851 + 70,838,757 0

187,395,168 + 348,170,256 166,664,097 + 170,879,195

= 302,339,915 = 70,899,608
535,565,424 337,543,292

= 0.56 x 100 = 0.21 x 100

= 56% = 21%

2. DEBT TO EQUITY RATIO = Total Liability x 100

Equity

YEAR 2018 (RM) 2022 (RM)

Debt to Equity 302,339,915 70,899,608

Ratio (%) 233,225,509 266,643,684

= 1.296 x 100 = 0.265 x 100

= 129.63% = 26.59%

3. TIMES INTEREST EARNED = EBIT 0

Interest

YEAR 2018 (RM) 2022 (RM)

Time Interest 6,861,131 19,236,815

Earned 3,377,679 81,182

= 2.03 times = 237 times

d) EFFICIENCY RATIOS

1. INVENTORY TURNOVER = Cost of Goods Sold/Cost of Sales

Closing Inventory

YEAR 2018 (RM) 2022 (RM)

Inventory 266,339,551 672,418,745

Turnover (times) 10,975,777 26,685,965

= 24.23 times = 25.2 times

2. AVERAGE COLLECTION PERIOD = Account Receivable x 360 or 365 days

Credit Sales

YEAR 2018 (RM) 2022 (RM)

Average 21,513,984 0 37,919,409 )

Collection Period 266,339,551 711,796,082
(days)
= 0.08 x 365 days = 0.05 x 365 days

= 29 days = 18 days

3. FIXED ASSETS TURNOVER = Sales 0

Non-current Asset

YEAR 2018 (RM) 2022 (RM)

Fixed Asset 266,339,551 711,796,082

Turnover (times) 187,395,168 166,664,097

= 1.42 times = 4.27 times

4. TOTAL ASSET TURNOVER = Sales 0
Current Asset + Non-current Asset

YEAR 2018 (RM) 2022 (RM)

Total Asset 266,339,551 0 711,796,082 0

Turnover 348,170,256 + 187,395,168 170,879,195 + 166,664,097

= 0.5 = 2.1
APPENDIX
Statement Of Financial Position 2022
Statement of Profit or Loss 2022
Statement of Financial Position 2018
Statement of Profit or Loss 2018