This website uses cookies to ensure you have the best experience. Learn more

Aeon Financial Analyze Essay

1013 words - 5 pages

From diagrame, Aeon achieved a new revenue record of RM3.256 billion for the Year which is 9.1% higher than the RM2.985 billion for the previous financial year. Correspondingly, AEON registered a strong profit before tax of RM299.5 million and profit after tax of RM212.8million representing 8.0% and 8.9% growth respectively over the previous year’s performance.
The Year’s results were most commendable if we take into consideration that the results for the preceding year had included both the RM12.7 million gain on disposal of its amusement business and the RM11.3 million net proceeds from insurance claim though they were offset by an impairment loss of RM14.1 million in one of the ...view middle of the document...

While from 2008 to 2012, the current ratio is not getting over to 1. The general rule is that the current ratio for a business should be 1 or higher.
From the annual report of Aeon, the reason of current ration unattainable to 1 is due to the huge amount of payables and accruals Aeon is holding currently. Current liabilities of Aeon is RM 1.2 billion in 2012, while the largest portion was trade payables which is consist of 59 percent of current liabilities.
By the way, Aeon is increasing its current ration in order to attain 1 with collective more cash. Since Aeon currently operating 31 stores in Malaysia and their growth rate is decline and start focus on refurbishment with annually 2 of stores. Therefore, their cash is collective more than 2011 which is RM 341.052 million increases to RM 454.527 million.
Therefore, we expect cash reserve of Aeon will be increasing substantially on 2014 and lead current ratio will increase substantially in the futures.

EPS growth rate

Earning per Share is widely used ratios in stock value and securities analysis. To be technical, the net profit of Aeon in which year should divide by the weighted average number of shares outstanding during the year which is 352 million ordinary shares. From the 2008 to 2012, Aeon is not taking any action in private placement and new share issuing. Therefore, EPS of Aeon is not dilute anyway.
Besides that, we realize that Earning per Share (EPS) growth rate of Aeon retail is average 5 percent per annum. From the EPS growth of Aeon, we can define it company as a slow and stable growth company in retail industry.

Price Earning Ratio
Price earning ratio is an important ration to check whether a share price is reasonable. If a share has high P/E, investors are expecting higher earnings growth in the future compared to companies with a lower P/E. Usually investors will compare the P/E ratio of one company...

Other Papers Like Aeon Financial Analyze

A Heart Of Darkness Essay

1748 words - 7 pages In this short story, there are frequent significant subject and ideas that make the story, "A Heart of Darkness," by Joseph Conrad, and haunting novel. The main theme is absolute white power over the natives. The theme validates the corruption, and the dependence caused by the white people as they took over the Congo. White men were giving all the power; they had no self-control, and in the end they did not use wisely. The white men became

The Aspects Of Vulnerability Among The Exploited In Medical Research

2287 words - 10 pages Essentially, everyone is in some state of vulnerability. However, some of us are more susceptible to harm due to our vulnerabilities. The susceptible are the individuals with the greatest risk. These individuals risk the loss of their autonomy, and maybe even their lives. Vulnerable populations can be found in every subset of society. However, as previously mentioned, there are some vulnerable populations that are at an even greater risk than

The Hitchhiker’S Guide To The Galaxy

1171 words - 5 pages The Hitchhiker’s Guide to the Galaxy As the human race makes life-changing discoveries, it is made apparent that there is always more to learn as the universe, instead of becoming familiar, is becoming absurd. The Hitchhiker’s Guide to the Galaxy, written by Douglas Adams, as well as the 2005 film adaption, portrays absurdity to be an all-encompassing system in the universe. Through the introduction and attempt to understand lack of reason, the

The Ford Motor Company Wage Increase Of 1914 And The Theory Of Incentives And Efficiency Wages

1252 words - 6 pages simply find a new job at the same rate of pay. There is no obvious financial incentive to be productive. This explanation is limited, as a number of other factors influence workers’ incentives to perform well or shirk, such as opportunities for career development, intrinsic motivation and the work environment. Taking into account that previous to the five-dollar day measure at Ford Motor, both turnover and absenteeism were exceptionally high

Historical Analysis Of The Economical Breakthroughs Of The Industrial Revolution

1396 words - 6 pages A Historical Analysis of the Economical Breakthroughs of the Industrial Revolution During the Industrial Revolution, many elements of society experienced huge breakthroughs that would change the way they functioned forever. Economics were definitely one of them. With many new inventions and many factories appearing, many, many, more resources were being created than ever before. Also, all of the revenue from these resources was being given to

Leadership Portrayed in Monologue from Shakespeare’s Henry V

1214 words - 5 pages Leadership is defined as a socially constructed process and which also affect organizational future outcomes. Leader is someone at high position who have overall duty for an organization, she or he decide what to do and the way how to achieve it. (Carter and Greer, 2013)The role of leader is extremely important for an organization, leader use their own power to influence the followers though many different ways such as motivation in order to

Cuba Civil Rights

1906 words - 8 pages Picture a country that has limits on how much you can make random government imprisonments and more what do you do. That is the situation for the eleven million seventy-five thousand two hundred forty-four people of Cuba since the takeover of Fidel Castro. The US is opposed to Castro taking control of Cuba. Castro managed to ease the United States nerves when he said that Cuba was against all forms of communism. According to Lana Wylie the Union

US Freight System

1273 words - 6 pages Carrier/Shipper Agreement for use by motor carriers and shippers in structuring their contractual relationships. This model agreement is designed to promote uniformity in contract provisions in order to increase efficiency in negotiations and provide a balanced agreement for shippers and carriers." 2 A relevant number of members ensures these associations to have a balanced financial performance, letting them to construct a solid structure, to

Democratic Peace Theory

1852 words - 8 pages Intro: US Presidents have made it a goal during their term(s) in office to establish a good relationship with foreign countries and even try to improve upon existing connections with our allies. Some believe it is to prevent conflicts between the countries while others dispute that it is a threat assessment by the United States to pick and choose their friends and enemies. Preventing conflict between two democracies or countries that practice

Booker T. Washington

1621 words - 7 pages “Success is to be measured not so much by the position that one has reached in life as by the obstacles which he has overcome” –Booker T. Washing. Booker Taliaferro Washington was born in Hale’s Ford, Virginia on April 5th, 1856 to Jane Burroughs and an unknown White man. Washington was married three times. His first wife was Fannie N. Smith from Malden, West Virginia. Booker and Fannie were married in the summer of 1882 and had one child

Corn, Broccoli, Grass Or Balanced

2611 words - 11 pages About a century ago, there was not an epidemic of diet-related illness, a bizarre account of destroyed farmland, dead zones in our oceans created by chemical run-off spilling into the waterways, and there sure was not millions of people questioning the moral ethics of their diet. In the Omnivore’s Dilemma: A Natural History of Four Meals, the author Michael Pollan goes on a journey to investigate the sources of the nation’s food supply, for which

Related Essays

Freedom And Responsibility Essay

2141 words - 9 pages Built within the Constitution of the United States are specifically defined freedoms that are guaranteed to all citizens. Conversely, with every constitutional freedom there comes a corresponding responsibility. On September 25, 1789, the state legislature’s twelve proposed amendments were transmitted by congress, the first two dealing with congressional representation and congressional pay. The following numbers three through twelve were

Hate Crime Laws Essay

2348 words - 10 pages On June 7, 1998, 49-year-old James Byrd Jr. of Texas accepted a ride from three white men, who then beat him severely, urinated on him, chained him by his ankles to the back of their pick-up truck, dragged him for three miles into the countryside, and dumped his corpse in front of an African-American cemetery (Graczyk). A little over a year later, a jury sentenced ring leader John King to death by lethal injection (“Man Executed for Dragging

Rational Emotional Behavior Therapy Case Study Conceptualization And Treatment Plan

2140 words - 9 pages her beliefs and begin to identify a need for change. Stop and monitor (self-monitoring) The stop and monitor technique assists clients in noticing their cognitions (Murdock, 2009). By placing a small cue in her environment, Sarah will be able to stop and record her thoughts at the moment she observes the cue and then analyze them for faulty or irrational thoughts and beliefs (Murdock, 2009). This technique allows Sarah to build self-monitoring

Holidays In Albania Essay

1636 words - 7 pages Have you ever thought about having exciting and incredibly cheap vacations? Albania might be the right choice. According to My Travel Guide, Albania is ranked the fourth among ten places worth visiting in Eastern Europe (“Top 10 Eastern European Destinations”). One can encounter three kinds of vacations in this Mediterranean country: winter, summer, and cultural. The ideal places to spend your winter vacations are the Albanian Alps. They are