fu-wang foods ltd. analysis

7/23/2019 Fu-Wang Foods Ltd. Analysis

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Particulars 2007-08

Turnover 384,463,424

Cost of goods sold 316,992,595Gross proft 67,470,829

Operating expenses!d"inistrating and selling expenses# 32,035,478

Operating proft 35,435,351

$on operating in%o"e

&inan%ial expenses 10,736,840

Contri'ution to ()* and +elfare fund 1,176,120

Net proft beore tax 23,522,391

*rovision for in%o"e tax 9,408,956

Net proft ater tax 14,113,435

Proft brought orward 24,532,41338,645,848

*roposed %as dividend 6,697,830

*roposed sto%- dividend

Proft carried orward 31,948,018

.arning per sare 0)77

/epre%iation 10,397,271

&inan%ial expenses 10,736,840


3/27

2008-09 2009-0 200- 20-2 202-!

522,439,574 539,554,916 709,168,568 758,459,050 785,126,525

434,969,289 444,958,348 530,277,616 577,224,631 605,396,10887,470,285 94,596,568 178,890,952 181,234,419 179,730,417

45,682,512 48,455,746 61,363,400 67,133,875 72,018,132

41,787,773 46,140,822 117,527,552 114,100,544 107,712,285

1,000,000 1,200,000 1,200,000 723,411

11,529,037 8,476,882 8,666,372 5,213,605 11,682,763

1,488,511 1,850,664 5,241,009 5,185,092 4,607,283

29,770,225 37,013,276 104,820,171 103,701,847 92,145,650

8,186,812 10,178,651 25,942,992 28,518,008 23,252,149

21,583,413 26,834,625 78,877,179 75,183,839 61,724,154

31,948,018 53,531,431 61,966,056 100,363,235 86,491,07453,531,431 80,366,056 140,843,235 175,547,074 148,215,228

18,400,000 40,480,000 89,056,000 59,845,630

53,531,431 61,966,056 100,363,235 86,491,074 88,369,598

1)17 0)65 1)92 1)26 1)03

13,816,703 14,103,429 21,364,294 23,620,080 153,483,567

11,529,037 8,476,882 8,666,372 5,213,605 11,682,763


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Particulars 2007-08

N"# $%%"#%

Non-current asset 191,314,221

Tangi'le xed asset$et of a%%u"ulated depre%iation# 191,307,221

Capital +or- in progressTrade "ar-s 7,000

&n'est(ent 50,000,000

)urrent assets 222,880,222

nventories 79,285,401

undr de'tors 58,476,200

oans,advan%es and deposits 73,496,882

Cas and %as euivalents 11,621,739

#otal asset ***

)urrent liabilities and pro'isions 180,000,955

Credits,sort ter" 'an- loansse%ured 58,167,755

ia'ilities for expenses 6,173,446

Trade and oter paa'les 46,232,972

*roposed dividend 6,697,830

*rovision for in%o"e tax 62,728,952

%hareholders e+uit, 234,193,488

are %apital 184,000,000

Tax olida reserve 18,245,470

Capital reserve

etained earnings 31,948,018

#otal liabilities andshareholders e+uit, ***


5/27

2008-09 2009-0 200- 20-2 202-!

257,102,135 284,284,230 387,920,056 475,165,649 483,426,876

257,095,135 284,277,230 387,913,056 413,901,715 450,840,954

61,256,934 32,578,9227,000 7,000 7,000 7,000 7,000

50,000,000 50,000,000 50,000,000 50,000,000 50,000,000

222,835,498 258,593,052 471,814,728 474,731,242 536,967,808

60,510,390 63,978,805 100,367,939 128,761,124 141,512,216

57,794,689 59,343,138 100,067,414 116,404,833 134,991,873

83,972,706 109,357,268 173,848,641 219,428,454 241,017,807

20,557,713 25,913,841 97,530,734 10,136,831 19,445,912

*** *** *** *** ***

224,160,732 260,265,756 245,131,079 260,109,346 261,713,638

109,491,742 72,204,786 63,004,233 66,497,124 53,324,095

2,757,315 3,208,715 6,028,902 5,269,145 7,363,409

40,995,911 103,757,840 69,060,537 52,787,662 42,218,570

70,915,764 81,094,415 107,037,407 135,555,415 158,807,564

255,776,901 282,611,526 664,603,705 739,787,545 777,765,305

184,000,000 202,400,000 445,280,000 534,336,000 598,456,320

18,245,470 18,245,470 18,245,470 18,245,470 18,245,470

95,679,250 90,895,288 62,604,130

53,531,431 61,966,056 105,398,985 96,310,787 98,459,386

*** *** *** *** ***


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Particulars

Gross proft

Operating proft

Net proft beore tax

Net proft ater tax

Proft brought orward

Proft carried orward

Particulars

Gross proft

Operating proft

Net proft beore tax

Net proft ater tax



Particulars

Gross proft

Operating proft

Net proft beore tax

Net proft ater tax




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8/27

&ncrease or .ecrease/200- 20-2 $(ount Percentage

178,890,952 181,234,419 2,343,467 0)013

117,527,552 114,100,544 3,427,008 0)029

104,820,171 103,701,847 1,118,324 0)011

78,877,179 75,183,839 3,693,340 0)047

61,966,056 100,363,235 38,397,179 0)620

100,363,235 86,491,074 13,872,161 0)138

200- 20-2 202-!

178,890,952 181,234,419 179,730,417

117,527,552 114,100,544 107,712,285

104,820,171 103,701,847 92,145,650

78,877,179 75,183,839 61,724,154

61,966,056 100,363,235 86,491,074

100,363,235 86,491,074 56,069,578

200- to 20-220-2 to 202-!

0)013 0)008

0)029 0)056

0)011 0)111

0)047 0)179

0)620 0)138

0)138 1)648

6100,000,000

650,000,000

0

50,000,000

100,000,000

150,000,000

200,000,000

1)500

1)000

0)500

0)000

0)500

1)000


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)


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&ncrease or .ecrease/20-2 202-! $(ount Percentage

181,234,419 179,730,417 1,504,002 0)008

114,100,544 107,712,285 6,388,259 0)056

103,701,847 92,145,650 11,556,197 0)111

75,183,839 61,724,154 13,459,685 0)179

100,363,235 86,491,074 13,872,161 0)138

86,491,074 56,069,578 142,560,652 1)648

2010611

2011612

2012613

201011 to 201112

201112 to 201213


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Particulars

N"# $%%"#%

Non-current asset

&n'est(ent

)urrent assets

#otal asset

)urrent liabilities and pro'isions

Non- )urrent iabilities

%hareholders e+uit,

#otal liabilities andshareholders e+uit,

Particulars

Non-current asset

&n'est(ent

)urrent assets

#otal asset


Non- )urrent iabilities

%hareholders e+uit,


Particulars

Non-current asset

&n'est(ent

)urrent assets

#otal asset


%hareholders e+uit,



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&ncrease or .ecrease/

200- 20-2 $(ount Percentage

387,920,056 475,165,649 87,245,593 0)225

50,000,000 50,000,000 0 0)000

471,814,728 474,731,242 2,916,514 0)006

*** 999189189 90,162,107 0)099

245,131,079 260,109,346 14,978,267 0)061

0 0 0

664,603,705 739,787,545 75,183,840 0)113

*** 999189189 90,162,107 0)099

200- 20-2 202-!

387,920,056 475,165,649 483426876

50,000,000 50,000,000 50000000

471,814,728 474,731,242 536967808

*** 999189189 070!9383

245,131,079 260,109,346 261713638

0 0 30915741

664,603,705 739,787,545 777765305

*** 999189189 070!9383

200- to 20-220-2 to 202-!

0)225 0)017

0)000 0)000

0)006 0)131

0)099 0)071

0)061 0)006

0)113 0)051

0)099 0)071

200,0

400,0

600,0

800,0

1,000,01,200,0


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&ncrease or .ecrease/

20-2 202-! $(ount Percentage

475,165,649 483,426,876 8,261,227 0)017

50,000,000 50,000,000 0 0)000

474,731,242 536,967,808 62,236,566 0)131

*** *** 70,497,793 0)071

260,109,346 261,713,638 1,604,292 0)006

0 30,915,741 30,915,741

739,787,545 777,765,305 37,977,760 0)051

*** *** 70,497,793 0)071

0

0,000

0,000

0,000

0,000

0,0000,000

201011

201112

201213

0)000

0)050

0)100

0)150

0)200

0)250

2010611 to 2011612

2011612 to 2012613


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*arti%ulars

ross prot

Operating prot

$et prot 'efore tax

$et prot after tax*rot 'rougt for+ard

*rot %arried for+ard

4ertical $nal,sis

Turnover

ross prot

Operating prot

$et prot 'efore tax$et prot after tax

*rot 'rougt for+ard

*rot %arried for+ard


19/27

201011 201112 201213

178890952 181234419 179730417

117527552 114100544 107712285

104820171 103701847 92145650

78877179 75183839 6172415461966056 100363235 86491074

100363235 86491074 56069578

201011 201112 201213

709168568 758459050 785126525

0)25225449 0)23895083 0)22891905

0)16572583 0)15043732 0)13719099

0)14780713 0)13672702 0)117364080)11122487 0)09912709 0)07861682

0)08737846 0)13232519 0)11016196

0)1415224 0)11403526 0)0714147

60)1

60)05

0

0)05

0)1

0)15

0)2

0)25

0)3


20/27

2010611

2011612

2012613


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*arti%ulars

$on%urrent asset

nvest"ent

Current assets

Total asset

Current lia'ilities and provisions

$on Current ia'ilities

areolders euit

Total lia'ilities andsareolders euit

4ertical $nal,sis

Total asset

Total lia'ilities andsareolders euit

$on%urrent asset

nvest"ent

Current assets

Current lia'ilities and provisions

$on Current ia'ilities

areolders euit


22/27

201011 201112 201213

387920056 475165649 483426876

50000000 50000000 50000000

471814728 474731242 536967808

909734784 999896891 1070394684

245131079 260109346 261713638

0 0 30915741

664603705 739787545 777765305

909734784 999896891 1070394684

201011 201112 201213

909734784 999896891 1070394684

909734784 999896891 1070394684

0)426 0)475 0)452

0)055 0)050 0)047

0)519 0)475 0)502

0)269 0)260 0)245

0)000 0)000 0)029

0)731 0)740 0)727

0)0000)1000)2000)3000)4000)5000)6000)7000)800


23/27

201011

201112

201213


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5inancial 6atio $nal,sis 200- 20-2 202-!

Proftabilit, 6atio

*rot argin 0)1112 0)0991 0)0786

eturn on !ssets 0)0917 0)0752 0)0577

eturn on .uit 0)1187 0)1016 0)0794i+uidit, 6atio

Current atio 1)9247 1)8251 2)0517

:ui%- atio 1)5153 1)3301 1)5110

$cti'it,"cienc, 6atio

e%eiva'le Turnover 8)8974 7)0074 6)2461

nventor Turnover 6)4532 5)0384 4)4799

&ixed !sset Turnover 1)8282 1)8325 1)7415

Total !sset Turnover 0)8249 0)7585 0)7335

e'erage%ol'enc, 6atio

/e't to Total !sset 0)2695 0)2601 0)2734/e't to .uit atio 0)3688 0)3516 0)3762

0)00001)00002)00003)00004)00005)00006)00007)00008)00009)0000

10)0000

2010

2011

2012


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*rot argin eturn on !ssets eturn on .uit

0)0000

0)0200

0)0400

0)0600

0)0800

0)1000

0)1200

0)1400

Current atio :ui%- atio

0)0000

0)5000

1)0000

1)5000

2)0000

2)5000

1

2

3


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201011

201112

201213

201011

201112

201213

/e't to Total !sset /e't to .uit atio

0)0000

0)0500

0)1000

0)1500

0)2000

0)2500

0)3000

0)3500

0)4000


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201011

201112

201213

fu-wang foods ltd. analysis

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