Financial Analysis of HaiHa confectionery jsc
Instructor: Le Tan Phuoc
Course name: Fundamentals of Financial Accounting – ACTG 240
Due date:
Submission date:
Group members: 1. Nguyen Thi Luyen Anh | 1132300005 | anh.nguyen.k1sba1@eiu.edu.vn | 2. Nguyen Thi Huyen Trang | | Trang.nguyen.k1sba@eiu.edu.vn |
Table of contents:
Doi thu tu nam 2012 – 2011 – 2010 ---
Them risk vao slide 7. Experts review 7.1 Experts options
7.2 Experts financial estimates
I. Company profile: 1. Key fact
Full name: Hai Ha Confectionery Joint-Stock Company
Headquarters: No 25 Truong Dinh Street, Hai Ba Trung District, Ha Noi Municipality, Vietnam.
Status: Listed
Legal Form: Public Limited Company
Operational Status: Operational
Financial Auditors: Công ty TNHH kiểm toán An Phú (2012)
Advisor: Auditing and Consulting CO., LTD (A&C) – Branch Hanoi
Incorporation Date: November 20, 2007
US SIC Code: 2064
Tel: +8404-38632956
Fax: +8404-38631683
E-mail: haihaco@hn.vnn.vn
Website: www.haihaco.com.vn http://listofcompanies.co.in/cong-ty-co-phan-banh-keo-hai-ha/ Worldwide Company Profile 2. Key financial performance
BALANCE SHEET: (VND) | 2011 | 2012 | Total Assets | 288,332,676,355 | 300,326,108,580 | Total Liabilities | 109,506,751,363 | 115,481,021,809 | Total Stockholder’s Equity | 178,825,924,992 | 184,845,086,771 |
Generally speaking, Haiha’s total assets come from owners’ equity more than liabilities. There was a decrease of the company’s total assets in the period 2008-2009 but it increased back regularly from 2009 to 2012. Therefore, Haiha has ability to develop well in the future.
INCOME STATEMENT: (VND)
| 2011 | 2012 | Net Sales | 637,219,539,120 | 676,798,449,471 | Cost of Goods Sold | 544,347,917,672 | 573,561,735,096 | Expenses | 74,206,313,071 | 85,460,459,021 | Net Income | 20,250,771,925 | 21,886,619,910 |
Sale revenues have stayed on the rise from 2008 to 2012