Company V&P Balance Sheet (unit: Million Yuan)

As of December 31, 2019

Total Assets Liabilities & Owners’ Equities

Current Assets: Current Liabilities:

Cash 10 Accounts Payables 36

Marketable Securities 52 Notes payables 45

Accounts Receivables 45 Accrued Expenses 36

Inventories 77 Other current liabilities 23

Current Assets 184 Current Liabilities 140

Non-Current Assets: Long-Term Liabilities:

Plants & Equipments 370 Long-term debts 425

Less: Accumulate Depreciation 29 Total Liabilities 565

Net Plants & Equipments 341

Land 240 Owners’ Equities:

Other Fixed Assets 260 Preferred Shares (Par) 100

Fixed Assets 841 Common Shares (Par) 100

Retained Earnings 260

Total Owners’ Equities 460

Total Assets 1,025 Total Liabilities & 1,025

Owners’ Equities

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 Company V&P Income Statement (unit: Million Yuan)

For Year Ending December 31, 2019

Sales 462.00

Cost of good sold 185.00

Gross Profits 277.00

Operating Expenses 100.00

Operating Profits (EBIT) 177.00

Interest Expenses 42.50

EBT 134.50

Taxes (30%) 40.35

Net Income (Net Profits) 94.15

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 Company V&P Industry Analysis
Liquidity Analysis
1. Current Ratio = CA/CL = 184/140 = 1.314 _________________1.4__________Worse_____
2. Quick Ratio =________________________________________ 0.9____________________

Efficiency Analysis
1. Inventory Turnover
2. Day Sales Outstanding
3. Fixed Assets Turnover
4. Total Assets Turnover
=_____________________________2.1_____________________
=___________________________ 38.22 days________________
=_____________________________0.5_____________________
=_____________________________0.39___________________

Debt Management Analysis

1. Debt Ratio =____________________________40.0%___________________
2. Times Interest Earned =____________________________ 6.67____________________

Profitability Analysis
1. Gross Profit Margin
2. Operating Profit Margin
3. Net Profit Margin
4. Return on Assets
5. Return on Equity
=___________________________59.96%___________________
=___________________________36.0%____________________
=___________________________18.0%____________________
=___________________________10.0%____________________
=___________________________16.67%___________________