大快活大家乐报表分析课件.ppt

Financial and Management Accounting Group Project: Financial Statement Analysis;Content;1. Business Analysis;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 ;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. ;Vertical analysis;2. Trend Analysis 3. Ratio Analysis;;2. Trend Analysis 3. Ratio Analysis (cond);2. Trend Analysis 3. Ratio Analysis (cond);2. Trend Analysis 3. Ratio Analysis (cond);4. Operating Efficiency;Working capital activity ratios ;4. 1 Short-term Liquidity ;4.2 Long-term Solvency ;Interest coverage ratio Operating cash flow to total liabilities ;Analysis of efficiency: - Fairwood‘s account receivable are quickly collected and its inventory turnover and asset turnover are both higher than that of Café de Coral and catering industry. In a word, Fairwood performs well in these turnovers. Analysis of liquidity: - the ability for FAIRWOOD to meet current debts, to carry sufficient inventories, and to take advantage of cash discounts is gradually growing, but not enough. It should increase the cash, short-term investments, and account receivable, or decrease current liability.;5. Summury(cond)