Ratio Analysis On Bata & Apex
Submitted by funwithsabbir on July 1, 2011
* Category: Business and Economics * Words: 5922 | Pages: 24 * Views: 177 * Report this Essay
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Context
1. Introduction
2. Financial Analysis
3. DuPont Calculation
4. Conclusion
5. Appendix
6. Notes on Analysis
Introduction
Purpose- The purpose of this project is to fully analysis the financial data of the companies. In addition, to compare their Liquidity, Asset management, Debt, profitability, and market value ratio. This would enable us to conclude upon whom is in a better position. In addition, in this project we will look at the DuPont value, which will help us to see weather the company is fully utilizing its Total asset turnover, Equity multiplier, and profit margin all together.
Target Company- A leading manufacturer and exporter of leather footwear from Bangladesh to major shoe retailers in Western Europe, North America and Japan. The company has revenues of USD 42 million in 2006. AAFL pioneered the export of value added finished products export in the leather sector of Bangladesh and is also involved in the local footwear retail business with the second largest shoe retail network in the country. AAFL has equity, technical and marketing participation from La Nuova Adelchi one of the largest footwear manufacturers of Italy. Apex-Adelchi Footwear Limited, the leading footwear manufacturer of Bangladesh. It was enlisted in Bangladesh share market in 1993, and it has a Market category of A.
Competing company- Bata Bangladesh is affiliated to the Bata Shoe Organization, the world's largest footwear manufacturing and marketing organization. Started operation in Bangladesh in 1962, Incorporation in Bangladesh in 1972. Currently, Bata Bangladesh operates two manufacturing plant Tongi and Dhamrai, Bata Bangladesh is producing around 110,000 pairs of shoes daily. It has