Professional Documents
Culture Documents
Shezan Report
Shezan Report
Introduction:-
Brief History:-
Vision:
Mission Statement:-
Shezan International mission is to provide the highest quality fruit and
vegetable related juices and products to retail and food service
customers. We want to be the recognized industry leader in quality
and services, providing more than expected for our customers,
employees and stake holders. We will accomplish this by maintaining a
tradition of pride
in our products, growth through innovation, integrity in the
management of our business
and commitment to team management and the quality improvement
process.
Objectives / Functions:-
Squashes /Cordial,
Sherbets,
Vinegar (Brown/White),
Ketchup,
Chutney,
Sauce,
Pickles( In Oil),
Pickles (In vinegar) ,
Jams/ Jellies/ Marmalades (Jar, Can, Buckets)
Diet Jams/Marmalades (Jar)
Quench
Salt,
Ispaghol
Vegetables (Can)
Fruits (Can).
PRODUCTION
INVESTMENT TRENDS
AND SCOPE FOR INVESTMENTS
The success of Hilal products, and the taste that has been
winning consumers hearts for generations, is the result of the
company's ongoing investments in, and emphasis on, its quality
control reinforced by Research and Development. Both sections
closely coordinate with the Marketing and Exports Office in
Lahore where product concepts are initiated and passed on to
R&D Section for formulation. The Marketing Division, once R&D
section has prepared sample of new products, product evaluation
is carefully carried out by marketing division. R&D, quality control
section ensures that all our products live upto the consumer's
high expectations. From selection of the finest fruits, to
processing and packaging, quality control plays a key role
keeping a vigilant and unrelenting eye on every step of the
process. The Quality Control staff, with a main up-to-date
5
FUTURE OUTLOOK
The success of Hilal products, and the taste that has been winning
consumers hearts for generations, is the result of the company's
ongoing investments in, and emphasis on, its quality control reinforced
by Research and Development. Both sections closely coordinate with
the Marketing and Exports Office in Lahore where product concepts are
initiated and passed on to R&D Section for formulation. The Marketing
Division, once R&D section has prepared sample of new products,
product evaluation is carefully carried out by marketing division. R&D,
quality control section ensures that all our products live upto the
consumer's high expectations. From selection of the finest fruits, to
processing and packaging, quality control plays a key role keeping a
vigilant and unrelenting eye on every step of the process. The Quality
Control staff, with a main up-to-date laboratory, two line-control labs
for the Groceries and sugar confectionery divisions, and an incubation
lab, makes sure that there is no deficiency in quality standards during
production.
As the company considers its employees the most important
assets, management skills are being constantly update by sending
executives on courses and study tours, both at home and abroad.
Hilal a name of Synonymous with quality, taste and trust for over 65
years has now gained another distention: ISO 9001 certification. And
at no better time than the successful completion of 65 years. It is a
matter of immense pride and honor for the company in Pakistan to
achieve this prestigious distinction. What makes it more significant is
the fact that ISO 9001 is the supreme level of certification among ISO
6
FUTURE PLANS:
Financial Statements
BALANCE SHEET:
2003 2002 2001
(Rs in thousands)
EQUITY AND LIABILITIES
SHARE CAPITAL AND RESERVES
Authorized capital
10,000,000 ordinary shares of
Rs. 10/- each 100,000
100,000 100,000
Issued, subscribed and paid up capital 80,094
80,094 70,000
General Reserves 1,111,500 974,500
650,500
Inappropriate profit 624 166
150
Surplus on revaluation of investment 19,089
1,211,307 1,054,760
720,650
NON-CURRENT LIABILITIES
CURRENT LIABILITIES
2,617,274
2,310,245 165,1150
ASSETS
NON-CURRENT ASSETS
CURRENT ASSETS
APPROPRIATIONS
• Stock price 10 10 10
Sales:
5400000
5200000
5000000
4800000 Sales
4600000
4400000
4200000
4000000
2003 2002 2001
Net Income:
500000
400000
300000 Incom e
200000
100000
0
2003 2002 2001
Operating Income:
800000
700000
600000 Operating
500000 Incom e
400000
300000
200000
100000
0
2003 2002 2001
12
Total Assets:
3000000
2500000
2000000
Assets
1500000
1000000
500000
0
2003 2002 2001
Total Liabilities:
3000000
2500000
2000000
Liabilities
1500000
1000000
500000
0
2003 2002 2001
EPS:
35
30
25
20 3-D Colum n 1
15 EPS
10
5
0
2003 2002 2001
82000
80000
78000
76000
74000 3-D Column 1
72000 Equity
70000
68000
66000
64000
2003 2002 2001
13
Total Equity:
Retained Earnings:
400000
350000
300000
250000 3-D Colum n 1
200000
Earnings
150000
100000
50000
0
2003 2002 2001
50
40
30 3-D Colum n 1
20 Earnings
10
0
2003 2002 2001
14
FINANCIAL ANALYSIS
Payable Turnover in Days
Liquidity Ratios
Current Ratio: Current Assets
Current liabilities
Shareholder’s equity
Coverage Ratios
Interest Coverage Ratio: EBIT
Interest expense
16
Activity Ratios:
Receivable Turnover: Annual net credit sales
Receivables
Receivable Turnover in Days= Days in the year
Receivable Turnover
2003 2004 2005
45 Days 19 Days 25
Days
68 Days 74 Days 72
Days
Total Asset Turnover: Net sales
Total assets
2003 2004 2005
Profitability Ratios:
Gross Profit Margin Ratio: Net sales – cost of goods sold
Net sales
Trend Analysis:
19
Average
Liquidity
Current Ratio 3.57 3.11
3.74 3.10
Quick Ratio 2.40 1.88
2.38 1.79
Leverage
Debt-to-Equity Ratio 0.33 0.40
0.31 0.30
Total-debt-to-total-assets Ratio 0.25 0.29
0.24 0.23
Coverage
Interest coverage ratio 2.99 2.70
2.84 2.65
Activity
Average collection period 45 days 19 days 25
days 50 days
Inventory turnover in days 68 days 74 days
72 days 65 days
Total asset turnover 1.77 1.89
1.85 1.95
Profitability
Gross profit margin 0.12 % 0.10 %
0.12 % 0.8 %
Net profit margin 0.05 % 0.04 %
0.05 % 0.03 %
Return on investment 0.09 % 0.07 %
0.09 % 0.12 %
Return on equity 0.12 % 0.10 %
0.12 % 0.25 %
Financial Health
20
Weakness
The weakness of the company is its less efficient in the
inventory turnover which is not stable and total assets
turnover is decreasing.
Suggestions
The solution to this problem is;
The firm should decrease the days of inventory
turnover.
The firm should give attention to its production
departments. To produce in less time and sale early to
decrease the inventory turnover days.
Conclusion
Overall the firm is going very well. The firm can get short
term and long-term loan very easily. But the firm got loan
early on the high interest; the inventory turnover is very
high.