profits, and the losers will be hit very hard.
Under these situations, our group want to evaluate the attractiveness of investment by comparing each company's financial ratios from their financial statements.
Ⅱ. Financial Ratio analysis
1. Liquidity
Liquidity refers to a company's ability to meet its current maturing debts. And it focuses on the relationship between current asset
from affiliate 159 48 1 1 2
gross profit 2 161 219 93 53
As you can see above, loss from affiliate in 2009 increased a lot compare to 2008. It means that there is insufficient information to evaluate operating performance just by income statements. Thus investigation of cash flow statements is needed. Further analysis regarding cash flow statement will be dealt in problem D.
D. Distribution strategy: Corresponding strategy of Shanghai E-Mart according to the limitation of entering into Chinese distribution market.
10. Comparison of the strategy expanding abroad between E-Mart and Carrefour in China.
E-Mart Carrefour
Joint ratio 98:2
(aggressive investment) 55:45
(Focus on reducing investment)
Store size 3,820 Pyung
(display stand’s number of product
profit portfolio. Main business of SK energy is refining Business and Petrochemical Business. The petroleum business contributed 66.5% of total sales, followed by 26.7% for petrochemicals, 4.1% for lubricants and 1.2% for the E&P business. In the case of operating profit portfolio, the petroleum account for 41% and petrochemicals part is 34% of total. And then, lubricants and E&P take 25% of tota
A-2 EBIT
① Trend
EBIT is a measure of a company’s profitability which leaves out interest and taxes.[17] The following is the way how to find the EBIT.
EBIT=Operating Revenue-Operating Expense+Non operating Income
PepsiCo has consistent growth of EBIT for 10 years except for 2000 & 2008. Both two cases decreased in EBIT without the decrease in Revenue. In 2008, Bottling equity inc