WELCOME TO

OUR PRESENTATION

PRESENTED BY-MD.OMAR FARUK HASIB [132011013] MADINA ISLAM PROTIVA[132011114]MAHABUBUR RAHMAN [132011066]ARNAB KISHORE ROY [113011222]

HARUNUR RASHID ROBIN [132011021]

FINANCIAL STATEMENT ANALYSIS REPORT

ON APEX FOODS LTD.

EXECUTIVE SUMMARY

To make a complete picture of 2011-2012 to 2012-2013 financial analysis of the basis of liquidity ratio, activity ratio, capital debt ratio, profitability and market measurement, assets turnover and operating performance.

It will give a wide knowledge of internal and external people who are related with Apex Food Company limited, particularly investors and creditors of the company.

ABOUT APEX FOODS LTD. FINANCIAL REPORT

Founded by Albert Pilavin in 1924.DSE market list in 1981 with 30.4% public share.Exporting more than 30 countries and more than 80% of the total shipment of shrimp goes to the US and EU market.

Country Growth in USD (%)

Germany 52%

Mauritius 11%

Russia 125%

UK 3%

Spain 48%

USA 22%

LIQUIDITY RATIOSwe see working capital was decreasing with acid test and current ratio. So, the company was in a stable position.

Current liability inventory

2012-2013 2011-2012

280,260,063344,895,298

Net working capital: Net working capital:

2012-2013 2011-2012

1.24839289359999

1.39354738

Current ratio:

Current ratio:

2012-2013 2011-2012

0.472123009

0.577221931300003

Acid test ratio:

Acid test ratio:

ACTIVITY RATIOS

Cost of goods soldAccounts receivableAccount payableSale

2012-2013 2011-2012

8.9831681082

9.2080171167

Average collection period:

Average collection period:

2012-2013 2011-2012

3.3662248789

5.07049927619998

Inventory turnover:Inventory turnover:

2012-2013 2011-2012

6.27461092174.151120661399

98

Average payment period:

Average payment period:

Net fixed assetsAnnual sale Annul purchasesTotal assets

inventory turnover ratio has decreased for not having sufficient fund in comparison with the increasing rate of inventory. Company`s collection procedure is good but it needs a long time to pay the liabilities.

2012-2013 2011-2012

1.879687198

2.503059658

Total assets tunover:Total assets tunover:

2012-2013 2011-2012

16.6540223312

24.6684018071

Fixed assets turnover:Fixed assets turnover:

DEBT RATIOTotal LiabilityTotal AssetsEBIT

2012-2013 2011-2012

0.705536280799997

0.649079844400005

Debt ratio:Debt ratio:

2012-2013 2011-2012

0.16008830320.2069256919

Times interest earned ratio:

Times interest earned ratio:

2012-2013 2011-2012

0.217240405600001

0.2584137326

Debt equidity ratio:Debt equidity ratio:

InterestLong term DebtStock holders’ Equity

Company has taken a huge amount of long term loan. For this the liability of the company has increased. So, Total capital structure is not so good and total debt has also increased.

PROFITIBILITY RATIOS

EBIT NPATShare Holders Equity

2012-2013 2011-2012

0.008241527

0.00982185780000002

Return on total assets:

Return on total assets:

2012-2013 2011-2012

0.1081081314

0.0771651947

Gross profit margin:

Gross profit margin:

2012-2013 2011-2012

0.0043845204

0.00392394070000002

Net profit margin:Net profit margin:

2012-2013 2011-2012

0.00625106180000002

0.0047629956

Operating profit margin:

Operating profit margin:

NET INCOMEGross ProfitIncreasing share price

Profit margin has increased.Share market share price is high. so, performance is good as per DSE’S observation.

2012-2013 2011-2012

0.0262838229000001

0.0279888675000001

Return on equity:Return on equity:

2012-2013 2011-2012

33.3237049727

23.6088011453

Earning ratio:

Earning ratio:

2012-2013 2011-2012

2.5417341821

2.7066177399

Earning per share:Earning per share:

RECOMMENDATION

1. The company should reduce its debt from its capital structure.

2. Apex foods need pay more attention in inventory management.

THANK YOU !!