大快活大家乐报表分析.ppt

Financial and Management Accounting Group Project: Financial Statement Analysis Content 1. Business Analysis 2. Trend Analysis 3. Ratio Analysis 4. Operating Efficiency 5. Summary 1. Business Analysis Hong Kong Business Mainland Hong Kong Operation of fast food restaurants Concentrating on providing great-tasting and high quality food. Six new fast food stores have been opened in 2014. Property investments Shops located in Shenzhen Parking spaces in Tsuen Wan for warehouse and car parking Mainland From 2010 to 2012, the business operations continued with stable progress In 2013,2014, because of the slow development of economy ,the group had to adjust the business in Mainland such as closing under-performing stores Competitive environment Business Operations Minimum wage legislation Continuous rise in food costs and rental levels Other Groups Café de Coral 1. Business Analysis (contd) Strategy For Business Operations Make lots of improvements in SAP Enterprise Resources Planning System Install new facilities and invested more resources For Other Groups Set up stores at locations with high customer flow and decorated stores with new styles Pay much effort to innovate new dishes. 1. Business Analysis (contd) Vertical analysis Similarities：Costs of goods, income tax, Gain Difference：SAG, interest income 2. Trend Analysis 3. Ratio Analysis (cond) 2. Trend Analysis 3. Ratio Analysis Horizontal analysis The net income compared to 2010 of the company rose from 2011 to 2013, 139.79% and 123.03 respectively, as for the figure in 2014, it decreases by about 10million from 2013 to 2014.The total expenses remain unchanged in the period showed, and the turnover rose gradually with the increase of the cost of sales from 2010 to 2014. What goes wrong from 2013 to 2014? 2. Trend Analysis 3. Ratio Analysis (cond) 2. Trend Analysis 3. Ratio Analysis (cond) ROE: Return on Equity = Net Inco