Topic: Internship report on Financial Performance of Aneesha Dye-Chem

Company Limited

Submitted To

Md. Kamruzzaman Didar

Assistant professor

Department of Business administration

Faculty of business & Entrepreneurship

Daffodil International University

Submitted By

Md. Mahafuj Reja

ID: 171-11-5452

Major: Finance

Daffodil International University

 Letter of transmittal

Md. Kamruzzaman Didar

Assistant professor

Department of Business administration

Faculty of business & Entrepreneurship

Daffodil International University.

Subject: Submission of Internship report.

Dear Sir,

It is a great honor for me to my internship report on Financial Performance of Aneesha Dye-

Chem Company Limited. I am also thankful to you for approving this topic for my report. It is
very exalted and luscious moment for me as I got the opportunity to do my survey on such a
reputed company like Aneesha Dye-Chem Limited. I have given absolute devotion and
intentness to the successful completion of my internship in order to make a successful internship
report under your supervision. I am very much thankful for your valuable suggestion, guidelines,
and instructions.

I have tried to put my best efforts for the preparation of this report. Yet if any imperfection arise,
it will be my contentment to answer any consecration and suggestion regarding the report.

Yours Faithfully,

Md. Mahafuj Reja

ID: 171-11-5452
Major: Finance
Daffodil International University
 Approval Certificate

This is to certify that Md. Mahafuj Reja, ID: 171-11-5452, BBA (Finance), is a regular student of
Department of Business administration, Faculty of business & Entrepreneurship, Daffodil
International University. He has successfully completed his report on Financial Performance of
Aneesha Dye-Chem Company Limited, and has prepared this research under my direct
supervision. I think that research paper is worthy of fulfilling the partial requirement of BBA
program. I also declare that the study has been prepared for academic purpose only and this
paper may not be used in actual market scenario.

I have gone through the report and found it well written. He has completed the report by herself.
I wish her every success in life.

Md. Kamruzzaman Didar

Assistant professor

Department of Business administration

Faculty of business & Entrepreneurship

Daffodil International University.

 Acknowledgement

In the process of preparing this report, I originally had the cooperation of individuals whose
names cannot be mentioned in this report, but with my warm appreciation and gratitude, I would
remember at that time.

First of all, I thank Almighty Allah. I am very grateful to MD. Kamruzzaman Didar, Senior
Lecturer, Department of Business Administration, Daffodil International University for leading
me to finish my internship. I am also indebted to him for his scholarly and constructive
suggestion, which greatly assisted in the preparation of this report on the financial performance
of Aneesha Dye Chem Company Limited.

Many thanks to all the wonderful people of Daffodil International University. Especially my
teachers, classmates and others.
 Executive Summary

This internship report highlights the work experience I gained from April 12, 2021 to July 12,
2021 as an intern in the Accounts and Finance Department of Aneesha Dye-Chem Company
LTD. Aneesha Dye-Chem Company LTD is one of the newest chemical company in Bangladesh
since 2007. It is also known to people for its famous Petromax LPG and Chelester 18A
organophosphonic acid. From 2007, this company takes its market share. I am very happy to say
that I worked as an intern at this agency. I am also sharing this report because of my 3-month
internship experience.

The report actually reproduces Aneesha Dye-Chem Company Limited's financial performance
review for 2016-2020. The report contains an overview of the ratio (operating ratio, liquidity
ratio, operating ratio, productivity ratio and leverage ratio), the company's financial balance sheet
and income statement. Aneesha Dye-Chem Company Limited's main business is the consumer
brand.

And the last part describes how Aneesha Dye-Chem Company Limited calculates their current
situation difference between the previous conditions and also has advice on how to deal with
their problem.
Table of Content
Chapter-01
Introduction
1.1 Introduction
Aneesha Dye-Chem Company Limited is a Bangladesh-based company that manufactures and
sells LPG, Chemical and Chelster Acid. The company offers printing and printing products for
the brand, Aneasa typewriter. Aneesha Dye-Chem Company was founded in 2007. It is listed as
a chemical limited company in conjunction with the Dhaka Stock Exchange. The name of the
well-known product petromax lpg is recognized for most of the products of Aneesha Dye-Chem
Company Limited. Its many other brands like mia vai agero limited, press media Meherpur
Pratidin, The Weekly Dhaka Theke, is equally popular in Bangladesh. It employs more than 700
people.

Their mission is the leadership rank and will always be what it means to be a market leader. They
are always trying to explore opportunities beyond borders. Aneesha Dye-Chem Company
Limited's vision to achieve its stated mission of assuming the duty and responsibility described
above. Aneesha Dye-Chem Company Limited looks to the country for the region and the world
for a more beautiful morning. Aneesha Dye-Chem Limited Financial Performance Analysis
reflects its current state and the state of the last 4 years.

1.2 Background of the study

As students with a business background, the preparation of a training document about a

particular company is mandatory for them. As a BBA student, I also completed Aneesha Dye-
Chem Company Limited for three months (April 12 to July 12). And I have prepared Aneesha
Dye-Chem Company Limited Analysis Performance Analysis "for real experience.

1.3 Scope of the study

The principle objective of the study financial performance of Aneesha Dye-Chem Company
Limited.

 Ratio Analysis
 Common Size Analysis
 Trend Analysis
 DuPont Analysis
1.4 Objective of the study

The objective of the study are as follow:

 To suggest some possible solutions to resolve the problem and improve the performance
of Aneesha Dye-Chem Company Limited.
 To identify the problems related with financial performance of Aneesha Dye-Chem
Company Limited.
 To evaluate the last 4 year financial performance of the Aneesha Dye-Chem Company by
using different performance measurement tools like Ratio Analysis, Trend Analysis,
Common Size Analysis, and DuPont Analysis.
 To know the theoretical background of financial performance of Aneesha Dye-Chem
Company Limited.

1.5 Methodology of the study

All information in this report is work experience and assessment throughout the internship. I had
the ability to incorporate educational knowledge into practical work life in this study. I have
collected data from several sources.

 Primary Source
 Check old record, documents and paper
 Meeting with staff and other officers face to face
 Practical job in Aneesha Dye-Chem Company Limited.

 Secondary Sources
 Write various paper formats and paper
 Used the internet for information purpose
 Explore of the company
 Aneesha Dye-Chem Company Limited Website
 Aneesha Dye-Chem Company Limited annual report

1.6 Limitation of the study

In my job, it has some limitations. I faced this study with different kinds of difficulties. In this
time constraint, I certainly could not write an excellent report. Report is not enough for a device
like Aneesha Dye-Chem Company Limited to know the details.

Lake of duration
The duration of this internship coverage is very short. I also had very little time to complete this
internship, which is not enough to know a company in general.

Other limitation

 Lack of experience.
 The company's website is out of date so it is difficult to find out their details.
 The company's policy of not disclosing data and information is a major obstacle to
reporting.
 The three-month period is not enough time to understand the activities of the company.
 Chapter-02

Profile of Aneesha Dye-Chem Company

Limited.
2.1 Profile of Aneesha Dye-Chem Company Limited

Aneesha Dye-Chem Ltd. is one of the fastest growing and expanding chemical companies to
maintain and improve the welfare of industrial chemicals in Bangladesh. A strong adherence to
the quality of chemical products and services and continuous innovation is a strict guarantee to
fulfill our commitment.

At Aneesha Dye-Chem, we are committed to excellence in serving our customers by providing

effective and cost-effective products. To pursue its growth and expansion strategy, Aneesha Dye-
Chem received the opportunity to establish collaborative relationships with foreign business
partners to introduce a new line of Chemical Products in Bangladesh.

2.2 Mission of Aneesha Dye-Chem Company Limited

Our goal is to improve the lives of our people through a procedure of the highest possible
quality. Moreover, our consumer and society as a whole are of the utmost importance. We will
introduce new technologies and follow the most value-driven opportunities as we also develop a
pricing policy that demonstrates a unique combination of price and affordability.

2.3 Vision of Aneesha Dye-Chem Company Limited

The prospect of a happier, healthier and cleaner life and of dedication to innovation and ethics
make the natural qualities of a sustainable life. This continues to inspire people to create a better
future by adding value to everything we do to get people to look better and live better.

2.4 Management committee of Aneesha Dye-Chem Company Limited

 Board of directors
M A S Imon Chairman
Md. ZOHA Managing Director
Md. Asraful Islam Director
2.5 Company Organogram

2.6 Products
CHELESTER 18A
Technical Information
CHELESTER 18A is an organophosphonic acid and corrosion inhibitor. It is widely used as
scale inhibitor, deflocculant, sequestrates and water stabilizer in cooling water systems. It has a
greater pH value and is even stable under high temperature. It is a highly effective chelating
agent and sequestering agent.
 Chapter-03
Theoretical Background
3.0 Ratio Analysis of Aneesha Dye-Chem Company Limited
The objective of the report is evaluating of Aneesha Dye-Chem Company Limited financial
performance. So that here discuss recent years financial ratio of Aneesha Dye-Chem Company
Limited.

Ratio analysis:
Ratio analysis is the method of statistical assessment and interpretation of relationships based on
financial statements. It is the ability to view the financial statements using accounting ratios from
the balance sheet and statement of profit and loss.

Purpose of ratio analysis

 Here, this report contains the most common ratios and analyzes to evaluate the
operational and financial performance of Aneesha Dye-Chem Limited in 2017, 2018,
2019 and 2020.
 Quantitative processes may need to be supplemented with qualitative elements to get a
complete picture.
 Identify aspects of business performance to aid decision making.

In this section an important financial set and its application are described. The selected indicators
are organized into four blocks for building the financial statements. The following:

i. Liquid Ratio
ii. Operating Efficiency Ratio
iii. Efficiency or Activity Ratio
iv. Profitability Ratio
v. Financial Risk

3.1 Liquid ratio

 Current Ratio: Current Asset% Current Liabilities

This is a measure of the wealth that defines a company's financial position. The current ratio of
2: 1 is the highest.

 Quick Ratio: Current Asset - Inventory% Current liabilities

This is the liquidity ratio that is most conservative. All current assets accept most cash and cash
equivalents: Cash and cash equivalents.

 Cash Ratio: Cash + Market Securities% Current Liabilities

This is the most conservative liquidity metric. All current assets except most cash: cash
equivalents and cash equivalents.

3.2 Operating Efficiency Ratio

 Total Asset Turnover: Net sales % Total asset

This method is the ability of a company to generate income from its assets by comparing the
company's net income to its total assets.

 Fixed Asset Turnover: Net sales % Fixed Asset

Announced how efficiently companies are using their fixed assets.

 Current Asset Turnover: Net sales % Current Asset

How efficient is the use of available resources.

 Equity Turnover: Net sales % Total Equity

This share of a company's sales to equity in its investor.

3.3 Efficiency Ratio

 Average Collection Day: 360 %Account Receivable

It is a formula that can be used to determine how many times a company can convert a loan into
cash for sale.
  Account Receivable Turnover: Net Credit sales % Average Account receivable

It's time to dump her and move on.

 Inventory Turnover: Cost of Goods Sold % Inventory

This is the number of times Good stock has been traded and sold throughout the year.

 Inventory processing Day: 360 % Payable Turnover

Accounts payable turnover: Cost of Goods Sold % Average Account Payable

This is primarily used to calculate the repayment time of the company’s creditor.

 Payable Payment day: 360 % Payable Turnover

This means how the company pays its investor money within a period of time.

3.4 Profitable ratio

 Operating Profit Margin: Operating Profit % Sales

This margin is basically a measure of profitability without interest and taxes.

 Gross Profit Margin: Gross Profit % Sales

The name of the gross margin is the ratio between gross profit and net sales.

 Net Profit Margin: Net Profit % Sales

Performance between revenue and cost that drives a product to sell.

 Return on Asset: Net Income % Total Asset

This is used to determine how effectively the company’s assets are being used.
  Return on Equity: Net Income % Common Equity

In fact, it is the shareholder’s capital. The average return on assets invested by investors is also
measured.

3.5 Common Size Income Statement

A popular tool for measuring productivity in relation to revenue is the standard size income
statement. That item is expressed as a percentage of sales on the claim. Common income
statement is basically useful in comparing performance over the years.

3.6 Common Size of Balance Sheet

A balance sheet is a financial statement that identifies the capital, share capital and debts of a
company at once.

3.7 Trend Analysis:

Trend analysis is a portion of technical analysis aimed at predicting future market movements
based on past data. Using the old-year data of a client, trend analysis can be done over time to
determine the percentage change in the information selected. The pattern percentage is the
percentage relationship that bears to the same product from different years in the base year.
Trend analysis is significant due to its long-term perspective. The evaluation question is found or
a good management indicator is discovered.

3.8 DuPont Analysis:

The DuPont model, also known as the DuPont formula, is a financial equation used to calculate a
company's potential for improving return on equity based on its equity return ratio.

ROA = Net Profit Margin × Total Asset Turnover

The approaches formula into the equation

 Chapter-04

Financial Performance Analysis

4.1 Ratio Analysis:
Liquidity Ratio
Particulars 2017 2018 2019 2020

Current Ratio 1.52 1.58 1.97 1.79

Quick Ratio 0.65 0.70 1.47 0.83

Cash Ratio 0.24 0.16 0.61 0.38

2.5

2
1.97
1.79
1.5 1.58
1.52 1.47

0.83
0.65 0.7
0.5 0.61

0.24
0 0 0 0.16 0
0
2017 2018 2019 2020

LIQUIDITY RATIO Column1 Column2

Interpretation
Current ratio measure firm ability to pay its current liabilities by only cash. Cash ratio of
Aneesha Dye-Chem Limited 2017-1.52, 2018-1.58, 2019-1.97, 2020-1.79.In 2020 cash ratio was
increased. So it is good for Aneesha Dye-Chem Limited.

Cash ratio prefer marketable security and cash also divided by current liabilities.In 2017-0.65,
2018-0.7, 2019-1.47, 2020-0.83.This ratio is ups and down. So it is not good for Aneesha Dye-
Chem Limited.

Quick is the show a firms abilities to meet current liabilities with it is most liquid assest.in 2017
to 2020 ratio was decreased. Worst performance was in 2018-0.16 and the best performance was
2020.
Operating Efficiency Ratio:
Particular 2017 2018 2019 2020

Equity Turnover 8.09 8.13 5.41 5.03

Total Asset Turnover 1.60 1.99 1.96 1.89

Fixed Asset Turnover 8.56 10.21 9.36 11.89

Current Asset Turnover 1.97 2.47 2.47 2.25

OPERATING EFFICIENCY TURNOVER

14

11.89
12
10.21
10 9.36
8.56
8.09 8.13
8

6 5.41
5.03

4
2.47 2.47 2.25
1.97 1.99 1.96 1.89
2 1.6

0
2017 2018 2019 2020

Equity Turnover Total Assest turnover Fixed Assest Turnover Current Assest Turnover

Interpretation
Equity turnover ratio 2017-8.09, 2018-8.13, 2019-5.41, 2020-5.03.This is good sign for Aneesha
Dye-Chem Limited.

Total asset turnover in 2017-1.60, 2018-1.99, 2019-1.96, 2020-1.89.Over the every year it has
been fluctuating.

Fixed asset turnover 2017-8.56, 2018-10.21 2019-9.36, 2020-11.89 which is good for Aneesha
Dye-Chem Limited.
Current asset turnover also measure the same 2020 to 2017.

Efficiency Ratio:

Particular 2017 2018 2019 2020

 Average Collection day 1.13 1.00 0.30 0.32
Accounts Receivable Turnover 322.46 464.29 1382.66 1572.90
Inventory Turnover 2.98 3.63 5.14 4.00
Inventory Processing Day 122.45 100.58 70.99 91.24
Accounts Payable turnover 9.13 10.77 11.18 9.57
Payable Payment Day 39.98 33.89 32.65 38.14

EFFICIENCY RATIO
1800
1572.9
1600
1382.66
1400
1200
1000
800
600 464.29
400 322.46
200
39.98 33.89 32.65 38.14
0
2017 2018 2019 2020

Average Collection Day Accounts Receivable Turnover Invantory Processing Day

Accounts Payable Turnover Payable Payment Day

Interpretation:

Average collection day 2020 is good sign for Aneesha Dye-Chem Limited which is 0.32
Account receivable turnover also good for Aneesha Dye-Chem Limited which is 1572.90. That
mean better than previous year.
Payable turnover day basically is good for Aneesha Dye-Chem Limited.if find out the last few
years.
Inventory processing day also better for Aneesha Dye-Chem Limited which is 2020 is 91.24

Profitability Ratio:
Particular 2017 2018 2019 2020
 Gross Profit Margin 18% 18% 18% 18%
Operating Profit Margin 6% 6% 6% 6%
Net Profit Margin 3% 4% 4% 4%
Return On Asset 6% 9% 8% 8%
Return On Equity 28% 35% 22% 21%

PROFITABILITY RATIO
500%
450%
450%
400%
350%
300%
250%
200%
150%
100%
50% 28% 35%
18% 6% 18% 6% 4% 9% 18% 6% 4% 8% 22% 6% 4% 8%
21%
3% 6%
0%
2017 2018 2019 2020

Gross Profit Margin Operating Profit Margin Net Profit Margin

Return On Assest Return On Equity

Interpretation:
Gross profit margin 2017 to 2020 almost same in last previous year 18%.
Operating profit margin also 2017 to 2020 almost similarly 6%.
Net profit margin is increased 2020 4%. ROA is almost same 2018 is 8% ROE is decreased 2020
from 2017 to 2020-21%.

4.2 Common Size Income Statement

Aneesha Dye-Chem Company Limited

Common Size Income Statement

For The Ended 2017 To 2020

Particular 2017 2018 2019 2020

 Net Sales Revenue 100% 100% 100% 100%
Cost of Goods Sold 82.02% 82.06% 82.05% 82.02%
Gross Profit 17.98% 17.94% 17.95% 17.98%
Administrative Expenses 1.42% 1.62% 1.56% 1.61%
Administrative Expenses 10.81% 10.18% 10.01% 10.09%
Profit from Operations 5.75% 6.15% 6.38% 6.28%
Other Income 0.36% 0.23% 0.17% 0.19%
Impairment Charge on Goodwill 0.07% 0.08% 0.20%
Finance Cost 0.23% 0.84% 0.21%
Profit Before Contribution to WPPF & Welfare 4.67% 6.08% 5.63% 6.06%
Funds
Contribution to WPPF & Welfare Funds 0.22% 0.29% 0.27% 0.29%

Profit Before Tax 4.45% 5.79% 5.37% 5.77%

Income Tax Expenses -1.01% -1.46% -1.38% -1.55%
Current Tax -1.12% -1.49% -1.39% -1.52%
Deferred Tax Income/ (Expense) 0.12% 0.03% 0.01% -0.04%
Profit after Tax for the Period 3.44% 4.33% 3.98% 4.22%

Cost of goods sold: 2017 to 2020 (82.02%, 82.06%, 82.05%, and 82.02%) which related to
every year.

Profit before tax: 2017 to 2020 (4.45%, 5.79%, 5.37%, 5.77%)

Profit after tax: 2017 to 2020 (3.44%, 4.33%, 3.98%, 4.22%)

Profit before tax: 2017 to 2020 (4.45%, 5.79%, 5.37%, 5.77%)

4.3 Common Size of Balance Sheet

Aneesha Dye-Chem Company Limited

Common Size of Balance Sheet

As on 2017 to 2020

Particulars 2017 2018 2019 2020

Property, Plant and Equipment 18% 19% 20% 16%
Goodwill 1% 1% 0%
Total Non-Current Assets 19% 19% 21% 16%
Inventories 44% 45% 31% 39%
 Accounts Receivable 0% 0% 0% 0%
Loans, Advances and Deposits 18% 20% 21% 24%
Related party transaction 0% 0% 0% 0%
Short Term Investment 1% 2% 2% 2%
Investment in shares and others 9% 9% 10% 10%
Cash and Cash Equivalents 8% 4% 15% 9%
Total Current Assets 81% 81% 79% 84%
Total Asset 100% 100% 100% 100%
Share Capital 6% 6% 8% 7%
FVOCI Reserve 2%
Revaluation Surplus 0% 0% 0% 0%
Retained Earnings 13% 18% 28%

Gain on Marketable Securities (Unrealized 28%

Total Shareholders' Equity 20% 24% 36% 38%
Non-Current Liabilities: 38%
Long Term Borrowings 20% 19% 21%
Long term loan-secured 17%
Total Non-Current Liabilities 20% 19% 21%
Current Liabilities 0%
Short Term Borrowings 20% 16% 2% 17%
Creditors and Other Payables 0% 0% 0%
Accounts payable 26% 27% 26% 16%
Accrued Expenses 11% 10% 10%
Provision for Current Tax 19%
Provision for gratuity 1% 1% 1%
Provision for leave encashment 1%
Dividend Payable 1% 1% 1%
Unclaimed Dividend 1%
Deferred Tax Liability 2% 2% 2% 2%
Total Current Liabilities 60% 56% 43% 55%
TOTAL EQUITY AND LIABILITIES 100% 100% 100% 46%

Interpretation:

Total non-current assets 19%, 19%, 21%, 16% which is 2017 to 2020. Total asset 100% in all
year 2017 to 2020. Total current liabilities 60%, 56%, 43%, 55% is related 2017 to 2020.In last
total equity and liabilities 100% (2017-2020).
4.4 Trend Analysis of Income Statement

Aneesha Dye-Chem Company Limited

Trend Analysis

Income Statement

Particular 2017 2018 2019 2020

Net Sales Revenue 100% 128% 113% 138%
Cost of Goods Sold 100% 128% 113% 138%
Gross Profit 100% 127% 113% 138%
Administrative Expenses 100% 145% 124% 156%
Administrative Expenses 100% 120% 104% 129%
Profit from Operations 100% 137% 125% 151%
Other Income 100% 81% 52% 72%
Impairment Charge on Goodwill
Finance Cost
Profit Before Contribution to WPPF & Welfare Funds 100% 166% 136% 179%

Contribution to WPPF & Welfare Funds 100% 166% 136% 179%

Profit Before Tax 100% 166% 136% 179%

Income Tax Expenses 100% 186% 155% 213%
Current Tax 100% 169% 140% 186%
Deferred Tax Income/ (Expense) 100% 30% 8% -45%
Profit after Tax for the Period 100% 161% 130% 169%

Interpretation:

Cost of goods sold 2017 to 2020 is particular 100%, 128%, 113%, 138%. profit after tax
period 100%, 161%, 130%, 169%. Profit before tax 100%, 166%, 136%, and 179%.Current tax
is 100%, 169%, 140%, 186% in 2017 to 2020.
4.5 Trend Analysis of Balance Sheet

Aneesha Dye-Chem Company Limited

Trend Analysis of Balance Sheet

Particular 2017 2018 2019 2020

Property, Plant and Equipment 100% 108% 105% 103%
Goodwill 100% 80% 60%
Total Non-Current Assets 100% 107% 103% 99%
Inventories 100% 105% 65% 103%
Accounts Receivable 100% 89% 26% 28%
Loans, Advances and Deposits 100% 115% 105% 157%
Related party transaction 100% 63% 67% 65%
Short Term Investment 100% 109% 117% 122%
Investment in shares and others 100% 100% 100% 125%
Cash and Cash Equivalents 100% 60% 182% 143%
Total Current Assets 100% 102% 90% 121%
Total Asset 100% 103% 92% 117%
Share Capital 100% 100% 120% 138%
FVOCI Reserve
Revaluation Surplus 100% 100% 100% 100%
Retained Earnings 100% 140% 193%

Gain on Marketable Securities (Unrealized

Total Shareholders' Equity 100% 127% 169% 222%
Non-Current Liabilities:
Long Term Borrowings 100% 100% 100%
Long term loan-secured
Total Non-Current Liabilities 100% 100% 100%
Current Liabilities
Short Term Borrowings 100% 79% 9% 97%
Creditors and Other Payables
Accounts payable 100% 109% 95% 73%
Accrued Expenses 100% 98% 87%
Provision for Current Tax
Provision for gratuity 100% 92% 89%
Provision for leave encashment
Dividend Payable 100% 115% 124%
Unclaimed Dividend
Deferred Tax Liability 100% 99% 96% 101%
 Total Current Liabilities 100% 96% 65% 106%
TOTAL EQUITY AND LIABILITIES 100% 103% 92% 53%

Interpretation:

Total asset 2017 to 2020 is 100%, 103%, 92%, and 117%. Also those non-current liabilities
100% is all same year. Total current liabilities 100%, 96%, 65%, 106% which is all the same
year 2017 to 2020.

4.6 DuPont Analysis

Particulars 2017 2018 2019 2020

NPM 3.44% 4.33% 3.98% 4.22%
TAT 1.60 1.99 1.96 1.89
EM 5.04 4.09 2.76 2.66
ROE 27.83% 35.17% 21.53% 21.23%

Sensitivity Analysis

Base Info
Particulars NPM TAT EM ROE
2015 0.03 1.60 5.04 0.28
2016 0.04 1.99 4.09 0.35
2017 0.04 1.96 2.76 0.22
2018 0.04 1.89 2.66 0.21

Sensitivity of NPM with ROE

Particulars NPM TAT EM ROE Changes
2015 0.034 1.60 5.04 27.83%
2016 0.043 1.60 5.04 34.98% 25.68%
2017 0.040 1.60 5.04 32.19% -7.97%
2018 0.042 1.60 5.04 34.12% 5.98%
Average 7.90%
 Sensitivity of TAT with ROE
Particulars NPM TAT EM ROE Changes
2015 0.03 1.60 5.04 27.83%
2016 0.03 1.99 5.04 34.47% 23.84%
2017 0.03 1.96 5.04 33.96% -1.47%
2018 0.03 1.89 5.04 32.85% -3.28%
Average 6.36%

Sensitivity of EM with ROE

Particulars NPM TAT EM ROE Changes
2015 0.03 1.60 5.04 27.83%
2016 0.03 1.60 4.09 22.59% -18.82%
2017 0.03 1.60 2.76 15.25% -32.49%
2018 0.03 1.60 2.66 14.67% -3.82%
Average -18.38%

Interpretation:

NPM is most sensitive with ROE.

 Chapter – 05

Findings, Recommendation& Conclusion

Findings:
  Current ratio measure firm ability to pay its current liabilities by only cash. Cash ratio of
Aneesha Dye-Chem Limited 2017-1.52, 2018-1.58, 2019-1.97, 2020-1.79.In 2020 cash
ratio was increased. So it is good for Aneesha Dye-Chem Limited.
 Cash ratio prefer marketable security and cash also divided by current liabilities. In 2017-
0.65, 2018-0.7, 2019-1.47, 2020-0.83.This ratio is ups and down. So it is not good for
Aneesha Dye-Chem Limited.
 Quick is the show a firms abilities to meet current liabilities with it is most liquid
assest.in 2017 to 2020 ratio was decreased. Worst performance was in 2018-0.16 and the
best performance was 2020.
 Equity turnover ratio 2017-8.09, 2018-8.13, 2019-5.41, 2020-5.03.This is good sign for
Aneesha Dye-Chem Limited.
 Total asset turnover in 2017-1.60, 2018-1.99, 2019-1.96, 2020-1.89.Over the every year
it has been fluctuating.
 Fixed asset turnover 2017-8.56, 2018-10.21 2019-9.36, 2020-11.89 which is good for
Aneesha Dye-Chem Limited.
 Current asset turnover also measure the same 2020 to 2017.
 Average collection day 2020 is good sign for Aneesha Dye-Chem Limited which is 0.32
 Account receivable turnover also good for Aneesha Dye-Chem Limited which is
1572.90. That mean better than previous year.
 Payable turnover day basically is good for Aneesha Dye-Chem Limited.if find out the last
few years.
 Inventory processing day also better for Aneesha Dye-Chem Limited which is 2020 is
91.24.
 Gross profit margin 2017 to 2020 almost same in last previous year 18%.
 Operating profit margin also 2017 to 2020 almost similarly 6%.
 Net profit margin is increased 2020 4%. ROA is almost same 2018 is 8% ROE is
decreased 2020 from 2017 to 2020-21%.

Recommendations:
  Companies need to increase their current ratio and fast ratio because showing the
company’s ability to play back is a current obligation. In addition, Aneesha Dye-Chem
Company Limited is also looking at the situation of its competitors.
 We found that the cash ratio of Aneesha Dye-Chem is declining. Therefore, Aneesha
Dye-Chem Limited should focus on the cash ratio. The cash ratio is because the company
has the ability to pay its current debt in cash.
 Aneesha Dye-Chem Company Limited should focus on their Equity turnover, because
it’s decreasing over the years.
 Aneesha Dye-Chem Company Limited should also include total asset turnover during the
year. Low asset turnover reflects poor asset management.
 Aneesha Dye-Chem Company Limited is expected to focus on inventory turnover in
2020. A low ratio indicates poor inventory management.
 The fixed capital in 2019 and 2020. Aneesha Dye-Chem Company Limited is a sharp-
growing ROE.
 Aneesha Dye-Chem Company Limited should focus on increasing asset profitability
(ROA).

Conclusion:
Aneesha Dye-Chem Company Limited is a Bangladesh -based company that manufactures and
sells chemical, gas cylinder, Acid. Under the brand petromax are the company quality full
product. Also find out the financial performance of Aneesha Dye-Chem Company Limited
required for this company to know their current status. It helps for their future level.

In the 3 month time period, I collect the official operating paper of the company including, bank
statement, credit note, and salary sheet and also send payment to the employee and so on.
Because I understood the company policy and more, it has been useful to me since 3 months. I
follow my consultant’s guidance after completing this internship to properly prepare my report.

Reference:
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