ACC 6201 вЂ“ Individual Assignment
Ting, Tai Siong (Student ID: I actually 12000998)
Program Intake: May 2012 / MBA
Lecturer Name: Mr. Madhavan Kpoduval
Table of Contents
A)Financial Ratio Limitation5
B)PARKSON Economical Ratio Analysis6
C)COMPETITOR Financial Ratio Analysis12
3)Why spend money on Parkson? of sixteen
A)Financial Ratio Evaluation Summary28
B)Financial Ration Computation28
1) Business Summary
Parkson Holdings Berhad (Parkson), a board series retailer is based in Kuala Lumpur, Malaysia, a subsidiary from the Lions Group based in Malaysia. The company was formerly called Amalgamated Storage units Berhad and changed its name to Parkson Holdings Berhad in Sept. 2010 2007.
Parkson Holdings Berhad's after-tax earnings for the Financial years ended Summer 30, 2011 increase 12 per cent to RM606, 622, 000 via RM533, 598, 000 in year 2010. However , it is revenue increased 7 percent to RM2, 925, 082, 000 via RM2, 722, 256, 000. Financial years ended 2011 ranked 3rd as out-do Financial season ended 2009 which positioned 1st in the 5 years financial performance from 3 years ago вЂ“ 2011.
Parkson's Retail operation in Malaysia placed a favorable group of results with gross sales takings rising 9 per cent to RM 766 million in the same period in 2010.
The Chairman highly alerted on global economy was abruptly troubled by the US credit ranking downgrade plus the debt burden in Europe. As such, Chief see good domestic require in Malaysia is the key to continue to deliver strong revenue and earnings to further improve financial overall performance year finished 30 Summer 2012.
Besides, it also continuing to supply for good spots in anticipation of new stores beginning, having exposed to further reinforce the group's network and operations in the respective retail markets. Reports sources indicate there is a intend to open one more 18 shops in Malaysia by 2020. Existing thirty seven stores can continue to serve strong domestic demand. Parkson's Retail procedure in Malaysia is the second large salary contributor towards the group following China.
Parkson will always reinvent and upgrade it is existing stores and produce changes when necessary to further enhance their image with updated fashion brands along with high grade and niche international brands being brought to the burgeoning middle and middle-upper course it served. This likewise help to improve their market share in all the markets this operates in. On the other hand, more progressive sales and promotion activities are expose to consistently deliver positive expansion in gross sales income. Knowingly and recognize rigid competition by AEON(JUSCO), METROJAYA, SOGO, BROWN & Company., ISETAN.
Based on the increasing macroeconomic outlook, Parkson will seek to increase its existing operations and implement its expansion ways to strengthen regional presence in Asia. A year ago 2011, the expansion activity in Indonesia is a tested success and there will be extra 5 retailers opening in year 2013 on the same nation, announced lately.
2) Economic Analysis
Financial Ratio evaluation is used to quantify economical statement details and develop insight upon revenue developments, company's business profitability, progress, margins and returns, economical liquidity and debt placement, in structured fashion which allow potential investor to generate CRITICAL making decisions. Nevertheless, this kind of assignment is likewise look into firm strategies, competition and the external factors that could influence Parkson in the future.
Rate analysis generates data and compute against value published in financial affirmation it does not build any romance model just like a database. Generally, an experience financial analyst has the capacity to interpret properly by taking into consideration given monetary factor, rival analysis and industry experienced data.
A) Financial Ratio Limitation
1) Quality and reliability of...
References: 3. Lermack, 2003, Steps to a fundamental Company Economic Analysis [Online]. Sold at: [Accessed 15 Summer 2012]
five. Star Guides (M) Bhd., 2012, Parkson to open a few stores in Indonesia in 2013, [online]. Offered at: [Accessed 18 Summer 2012]
12. Securities Commission payment Malaysia, 2011, The Reporter April 2011, Vol2, Not any 1 [pdf]. Offered at: [Accessed 18 06 2012]
18. Bank Negeri Malaysia, 2012, MONETARY AND FINANCIAL DEVELOPMENT-Quarterly Bulletin Initially Quarter [pdf]. Offered by[Accessed 18 June 2012]
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