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Group members:**

Class Serial NoIDNAMESection 04103200029Md. Nazrul Islam0309121200096 Md. Khalid Hossain0302101200218 Md. Sadek Hossain0313122200070 Md Tanvir Hossain 0306121200056Tanvir Ahmed03

Apex Foods LimitedApex Foods Co., Ltd. is the subsidiary of Apex Group Co., Ltd. established in 1994.

As a multi-faceted manufacturer of food product, Apex Food supplies fresh, fresh-frozen and frozen foods, in a multitude of rigid and flexible packaging, as refrigerated and shelf-stable according to client needs.

They are determine to deliver the best standard of production by choosing good quality of raw materials and manufacturing all products in high hygienic rooms.

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Specific Objectives:

To know the earning capacity or profitability.

To know the liability of the company.

To get knowledge about the total asset of the company.

To identify their market and ratio analysis (Current, Quick, Cash and etc.)

*Objective of the study: Broad Objectives:

To determine the financial analysis performance of a company (Apex Foods Limited). *

METHODOLOGYDATA COLLECTION METHOD : Primary Data: Secondary Data:

Limitations : **Non-availability of some latest data. Shortage of knowledge.Inadequate information of the companys web portal.There is chance of having error in any stage of data collection, data entry, data organizing, data presentation, interpretation of result, etc.

SOWT Analysis of APEX Food Strengths:Apex Food also has a strong real estate portfolio. The companys outlets are located in areas that are highly known for visibility, traffic volume and ease of access. Apex food also has exceptional brand recognition. This strong brand recognition creates significant opportunities for the company. Apex Food is able to generate more sales because of its brand recognition.

**Weaknesses:

Limited financial resources and funding sources. Dependent on domestic market. Lack of skills on leadership, advocacy. Inadequate promotional activities, marketing.

ContOpportunities:Apex Food also has the opportunity to advertise its less popular products.Dealing with key crops and products in the economy. Political stability in most countries. Trade liberalization leading to existence of domestic, regional and international markets.

**Threats: Apex Foods keeps up with competitors through expensive promotional campaigns which leads to limited margins to gain market share.

People are constantly trying to change their eating and drinking habits. This could directly affect the sale of Apex Food products.

*a). Current ratio :*

The Current Ratio of Apex Food in 2010 is 1.68, 2011 is 1.36 and 2012 is 1.39. So Apex Food is higher Current Ratio in 2010. Here we can see that Current asset increased than previous years but current liabilities decrease as ratio is also deceased.

YearCR20101.68512192320111.36333505620121.39305473820131.248392893

b) The Quick Ratio:**

The Quick Ratio of Apex food in 2010 is 0.67, 2011 is 0.38 and 2012 is 0.57. So Apex Food is higher Quick Ratio in 2010. Here Current Liabilities decreases than the previous year as quick ratio also decreased.

YearQR20100.67793926320110.38790998320120.57722193120130.472123008

c) The Cash Ratio: **

Cash Ratio over the periodThe Cash Ratio of Apex Food in 2010 is 0.53, 2011 is 0.29 and 2012 is 0.37. So Apex Food is higher cash ratio in 2010.

YearCR20100.53089446320110.29796569120120.37837840320130.267174142

D) Inventory Turnover Ratios

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Inventory Turnover Ratio of Apex Food in 2010 is 3.46, 2011 is 3.24 , 2012 is 5.07and 2013 is 3.3666. So Apex Food is higher Inventory Ratio in 2012.

YearInventory Turnover Ratio (times)20103.46709119420113.24285458220125.07049927620133.366224879

E) Accounts Receivable Turnover Ratio:

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Account Receivable Turnover Ratio of Apex Food In 2010 is 148.03, 2011 is 217.60 , 2012 is 86.12 and 2013 is 33.680. So Apex Food is higher Account Receivable Turnover Ratio in 2011.

YearAccounts Receivable Turnover Ratio (times)2010148.03866112011217.6057261201286.12100888201333.68034404

F). AVERAGE COLLECTION PERIOD:**

Average Collection Periods of Apex Food in 2010 is 2.43, 2011 is 1.65 , 2012 is 4.18 and 2013 is 10.6887. So Apex Food is higher Average Collection Periods in 2011.

YearAvg. Collection Periods Ratio (days)20102.4317971920111.65436823120124.180164686201310.68872692

G). Fixed Asset Turnover Ratio:**Fixed Asset Turnover Ratio of Apex Food in 2010 is 18.44, 2011 is 14.78 , 2012 is 11.26 and 2013 is 9.44. So Apex Food is higher Fixed Asset Turnover Ratio in 2010.

YearFixed Asset Turnover Ratio (times)201018.44430758201114.78177127201211.268847920139.442224895

H). Total Asset Turnover Ratio:**

Total Asset Turnover Ratio of Apex Food in 2010 is 3.88, 2011 is 2.15, 2012 is 2.50 and 2013 is 1.87. So Apex Food is higher Total Asset Turnover Ratio 2010.

YearTotal Asset Turnover Ratio (times)20103.88995950120112.15958315520122.50305965820131.879687198

I. Leverage Ratio or Debt to asset ratio Ratios

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Debt to Asset Ratio of Apex Food in 2010 is 29.23%, 2011 is 72.71% , 2012 is 64.90% and 2013 is 70.55%. So Apex Food is higher Debt to Asset Ratio in 2011.

YearDebt to Asset Ratio (%)20100.29232940920110.72717275520120.64907984420130.70553628

J). The Debt to Equity Ratio:

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Long-Term Debt/Liability Debt to Equity Ratio = -------------------------------------------- Total Equity Debt to Equity Ratio of Apex Food in 2010 is 41%, 2011 is 36%, 2012 is 25% and 2013 is 21.7%. So Apex Food is higher Debt to Asset Ratio in 2010.

YearDebt To Equity Ratio (%)20100.41308684220110.3696088320120.25841373320130.217240405

k. Gross Profit Margin Ratio

**Gross Profit Margin Ratio of Apex Food in 2010 is 9.8 %, 2011 is 8.2% , 2012 is 7.7% and 2013 is 1.08%. So Apex Food is higher Gross Profit Margin Ratio in 2010.

YearGross Profit Margin Ratio (%)20100.00009820110.00000820120.00007720130.108108

L. Operating Profit Margin Ratio: ** Operating Profit Margin Ratio of Apex Food in 2010 is 5.2%, 2011 is 2.8%, 2012 is 4.6% and 2013 is 6.25%. So Apex Food is higher Operating Profit Margin Ratio in 2013.We can observe the bar chart the operating profit margin ratio in 2013 is more than .006, but in 2010, 2011, and 2012 in less than .001. Because it can coverage less net income. In 2013 has high net operating income so, it has high OPM.

YearOPM (%)20100.000000520110.00000220120.00000420130.00625

M). Net Profit Margin Ratio:

** Net Profit Margin Ratio of Apex Food in 2010 is 3.8%, 2011 is 3.4%, 2012 is 3.9% and 2013 is 4.38%. So Apex Food is higher Net Profit Margin Ratio in 2013.We can observe the bar chart the net operating profit in 2013 is more than .004, but in 2010, 2011, and 2012 in less than .001. Because it can coverage less net income.

YearNPM (%)20100.00000320110.00000420120.00000320130.00438

N). Return on Total Assets (ROA)

** ROA of Apex Food in 2010 is 1.5%, 2011 is 7.3% , 2012 is 9.8% and 2013 is 8.24%. So Apex Food is higher ROA in 2012.We can observed the bar chart the return on Asset in 2013 is more than .008, but in 2010 is more than .001 , IN 2011,2012 in less than .001. because it can coverage less net income in 2011,2012, in 2013 is high net income ,for this reasons it can coverage high ROA

YearROA (%)20100.00001520110.00000720120.00000920130.00824

O). Return on Equity (ROE):

** ROE of Apex Food in 2010 is 2.1%, 2011 is 2.7 %, 2012 is 2.8% and 2013 is 2.799%. So Apex Food is higher ROE in 2012.We can observe the bar chart the return on equity in 2013 is more than .025, but in 2010, 2011, and 2012 in less than .005. Because it can coverage less net income.

YearReturn on Equity Ratio (%)20100.000021320110.00002720120.00002820130.0279883

Findings:

Apex Food Ltd. Company has a huge number of capitals.They are designed their products and services luxury and elegance.Their product price is high than other competitors.

The ability of the company to meet its current obligation is not very good.It has big amount turn over.Times Interest Earned Ratio is good. The Debt to Equity Ratio is low. Return on Equity (ROE) is very low.Low Liquidity RatioHigh Debt Burden**

Conclusion:

Going through report on Apex Food Limited we have finally come to some points that this company has lot of opportunities to become a successful and profitable company in the business market of Bangladesh very particularly in the sector of food.

Ratio analysis and graphical presentation shows that Apex food company has a huge turn over which is very much positive for this company.

This company needs to work on publicity to explore its product to the customers. Over all this is to remark that this company has a chance to grab the food market of Bangladesh.

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