About MySpace
In August 2003. the first version of MySpace was ready for launch.
In 2004, MySpace and MySpace.com, which existed as a brand associated
Were bought in July 2005 for US$580 million by Rupert Murdoch's News Corporation
From 2006 starting to entry overseas SNS market
The earning structure of non-Korean banks and the Korean banks' problem
Ⅰ. The earning structure of Korean banks and problem
After financial crisis Korean banks have made many changes to clear off their unreliability by M&A and restructuring. Now Korean banks are about to face with new rule, which called Capital Market Consolidation Act, This rule might change the whole financial system
1. PER(Price Earning Ratio, 주가수익비율)
PER은 Price Earning Ratio의 약자로 주가수익비율을 의미한다. 주식을 구매할 경우 주식가격이 올라서 얻는 이득, 매년 회사가 주주에게 주는 배당금에 따른 이득이 존재한다. A회사와 B회사가 있다고 가정하자. 두 회사의 주가가 100달러(Pa=Pb=100$)로 같다고 가정할 때 A회
II-2 Profitability: Return on Equity, Earnings per Share, Net Profit Margin
Hyundai and Kia Motors generated conspicuous increase on net income as Hyundai’s net income went up from 3 trillion won in 2009 to 5 trillion won in 2010. Kia, on the other hand, had 1.7 trillion won of net income in 2009 and 2.8 trillion won in 2010. Same result was reflected on Return on Equity (ROE) analysis.
Financial specialist : fundamental analysis is based on specific, proven company performance. so, the forecasting future earning is possible
Academia : the calculation of past earnings growth has nothing to do with predicting future growth
Concentrating on the prediction itself : forecasting future earning is inefficacious.
Wall Streeters
Specialists > Amateur, Individual Investor
To our Shareholders, Associates and Customers: Let me begin by expressing how proud I am of everything our Associates have accomplished during the fiscal year ended January 31, 2004. Wal-Mart generated over $256 billion in global revenue, establishing a new record and adding more than $26 billion in sales. Your Company earned almost $9.1 billion in net income and grew earnings per share by over 1
earns rates of return above the floor, so it has a competitive advantage. Rate of return on equity proves that SK telecom used capital provided by common shareholders effectively.
Comparing them, we could conclude that liquidity of SK telecom was the highest among them.
d. Does the cash flows statement add any further information to that provided by the inco
earning)은 평가대상 자산에 귀속되는 것으로 간주함.
- 따라서 이 방법은 다기간 초과이익법(multiperiod excess earning method)라고도 함.
? 이 방법은 다음과 같은 두 요건을 필요로 함.
1. 초과이익을 당해 평가대상 자산에 전적으로 귀속시킬 수 있다는 근거를 제시할 수 있어야 함. 이는
대상자산
Earnings Before Interest and Tax / Sales
Abercrombie 2006 2007 2008
658,090 / 3,318,158 740,497 / 3,749,847 439,386 / 3,540,276
0.19832 0.19747 0.12411
GAP 2006 2007 2008
1,225 / 15,923 1,315 / 15,763 1,548 / 14,526
0.07693 0.08342 0.10656
Abercrombie has much higher Operating Income Margin ratio than GAP. However the difference between both companies’ Operating Income Margin is de
can make a high profit and give that profit to investors.
5. Quality of Income
If quality of income is above 1, it is considered to indicate high-quality earnings. If this ratio is below 1, it is considered as lower-quality earnings.
'Quality of Income' is computed (Cash flows from Operating Activity/Net Income). Revenue and Expense in income statement is recorded when they are generated