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    1 Financial Detective Berau Final

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    tech damn
    The document analyzes and compares the financial statements of various companies across different industries, including airlines, beer, computers, hospitality, newspapers, pharmaceuticals, power generation, and retail. Key points of comparison include companies' cost of goods sold, assets, debt levels, expenses on research and development, inventory levels, and profitability. Financial ratios like return on equity, current ratio, and net profit margin are also referenced to understand the financial positions and strategies of the companies.

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    1 Financial Detective Berau Final

    Uploaded by

    tech damn
    36 views4 pages
    The document analyzes and compares the financial statements of various companies across different industries, including airlines, beer, computers, hospitality, newspapers, pharmaceuticals, power generation, and retail. Key points of comparison include companies' cost of goods sold, assets, debt levels, expenses on research and development, inventory levels, and profitability. Financial ratios like return on equity, current ratio, and net profit margin are also referenced to understand the financial positions and strategies of the companies.

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    The document analyzes and compares the financial statements of various companies across different industries, including airlines, beer, computers, hospitality, newspapers, pharmaceuticals, power generation, and retail. Key points of comparison include companies' cost of goods sold, assets, debt levels, expenses on research and development, inventory levels, and profitability. Financial ratios like return on equity, current ratio, and net profit margin are also referenced to understand the financial positions and strategies of the companies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    36 views4 pages

    1 Financial Detective Berau Final

    Uploaded by

    tech damn
    The document analyzes and compares the financial statements of various companies across different industries, including airlines, beer, computers, hospitality, newspapers, pharmaceuticals, power generation, and retail. Key points of comparison include companies' cost of goods sold, assets, debt levels, expenses on research and development, inventory levels, and profitability. Financial ratios like return on equity, current ratio, and net profit margin are also referenced to understand the financial positions and strategies of the companies.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 4

    The Financial Detective - Group Assignment

    Group 1 - Adam Smith Syndicate

    Financial Management Class

    Member:
    29118302 - Arif Widya S
    29118343 - Fandy Alim
    29118350 - Dwi Al Aji Suseno
    29118370 - Idam Faisal Rahman

    Management Business and Administration


    Sekolah Bisnis Manajemen
    Institut Teknologi Bandung
    Bandung
    2019
    Airlines
    Company A's ROE (46%) is higher than Company B (23.6%) because Company A is merger
    with a largest airlines in US. Goodwill of Company A is high with 28% and Company B is lower
    with 1%. COGS of Company B 60% is lower than Company A 70%, where Company A is low
    cost carrier. Dividend payout of Company B is 0% because they need money to expands a fly
    new routes.

    Beer
    Company D's ROE (21.9%) is higher than Company C (19.7%) due to Company D's assets
    turnover of 1.5%, where Company D is the largest craft brewers in the US and builds high
    quality beer with premium prices. Company C has high a Long Term Debt because they need
    money to acquire several large brewers over 12 years. Company D's Current Ratio is higher by
    25.3%, where Company D's current assets are high because they have the largest craft brewers
    and Company D's current liabilities are low because the company is financially conservative.

    Computers
    From common-size financial data and ratios :
    Company E sells personal computers as well as handheld devices and software. the firm has
    been able to differentiate itself by using its own operating system for its computers and by
    creating new and innovative designs for all its products. these products carry premium prices
    domestically and globally. It represents from financial data :
    ● Inventory Turnover (62,8) : higher than company F because of selling to personal (B2C)
    rather than Business to Business
    ● COGS (60) : because of selling B2C equipments
    ● NPM (22,8) higher than Company F. as impact of lower COGS

    Company F sells high performance computing system and financially conservative. It


    represents from its financial data :
    ● Long Term Debt (0)
    ● debt management ratio LongtermDebt/Shareholders’s equity (0)
    ● Current ratio (3,50) and Quick Ratio (2,45) -> higher than company E as less debt

    Hospitality
    From common-size financial data and ratios :
    Company G maintains market presence by owning all of its properties, which contributes to the
    high recognition of its industry-leading brands. It represents from financial data :
    ● Net Property, Plant & Equipment (53), higher than company H
    ● Current Ratio (1.02) and Quick Ratio (0,72)
    ● COGS is higher than company H (63)
    ● NPM (4,9)

    Company H operates hotels and residential complexes. Rather than owning the hotels, this firm
    chooses to manage or franchise its hotels. The company recieves its revenues each month
    based on long-term contract with the hotels owners. It represents from financial data :
    ● Net Property, Plant & Equipment (17), lower than company G
    ● Current Ratio (0.43) and Quick Ratio (0,37)
    ● COGS is lower (26)
    ● NPM (30,1)

    Newspapers (I and J)
    ● Based on the product of these companies, we can see the COGS has significantly
    different because Company I is going to prepare print to digital newspaper and Company
    J is still do both product (print and digital newspapers).
    Data: COGS (Company I: 39) and COGS (Company J: 101)
    ● Focus on marketing to prepare transformation from print to digital, company I has higher
    cost for SG&A Expense than company J.
    Data: SG&A Expense (Company I: 45) and SG&A Expense (Company J: 0)
    ● The effect of company I that has introduced cost controls to address cost-structures
    issues. We can see on Gross Profit of company between I and J.
    Data: Gross Profit (Company I: 61) and Gross Profit (Company J: -1)

    Pharmaceuticals (K and L)
    ● Because of the different strategies on company K and L focuses, K is focus on proven
    drugs and L focuses on sustainability to fulfill customer needs by RnD to discover new
    drugs. So we can see on RnD Expenses. L has more value than K to enhance the
    Research and Development to discover new drugs.
    Data: RnD Expenses (Company K: -3) and Long-Term Debt (Company L: -24)

    ● Because the company K focuses on proven drugs than gambling to discover new drug in
    the future. Net income of this company is less than company L which focus on RnD. This
    is caused by company K has more other cost.
    Data: Net Income (Company K: -3) and Net Income (Company L: 12)

    Power Generation Industry


    Large coal powered electric power plant (M) compared to Focus on solar power or renewable
    energy (N):

    Coal powered electric power plant are high asset compared to the Solar power. The difference
    in fixed asset M (62%) vs N (19%) since the coal powered electric power has a large size of
    power plant which means high asset.

    Coal powered electric power plant has higher long term debt compared to the solar power plant
    the difference in fixed asset M (50%) vs N (4%) it is because the size they have is much
    different..
    Since the long term debt of coal powered electric power plant is higher, the equity structure is
    higher than coal powered electric power plant M (17%) vs N (76%). Based on explanation
    above debt management also has a significant difference.
    Retail
    Leading e-commerce (O) compared to leading retailer in apparel and fashion (P):

    Leading e-commerce has lower inventory (O 16% vs P 25%), and has higher AP (O 31% vs P
    17%) and higher receivable (O 10% vs P 13%) since the typical of e commerce that the stock is
    arranged by supplier and in leading retailer, it arrange stock/inventory by itself. Leading e-
    commerce has lower long term debt (O 13% vs P 36%) because leading retailer need more
    money to invest in fixed asset (O 33% vs P 49%)

    Leading e-commerce has R&D Cost (O 12% vs P 0%) since the innovation is a must, it
    competes with another high tech e-commerce company. The leading retailer doesn’t need R&D
    but higher SG&A expense (O 19% vs 28%) to cover it sales and general expense.

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