Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
Related questions
Concept explainers
Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
Topic Video
Question
Analysis above two financial statement, what you can observe without using financial ratio.
Transcribed Image Text:A
AEON Stores (Hong Kong) Company Limited
Income Statement
For the Year ended 31 December 2022
Revenue
Cost of goods sold
Gross profit
Selling and Administrative expenses
Fixed Expenses
Depreciation
EBIT
Interest expense
Earnings Before Taxes
Taxes
Net Income
Notes:
Tax Rate
Loss for the year attributable to:
Owners of the Company
Non-controlling interest
Loss per share (basic and diluted)
$
B
2022
9,571,321 $
6,750,962
2,820,359
540,437
1,065,482
981,455
232,985
10,802
222,183
55,546
166,637
25%
-219,872
-4,844
-224,716
84.57
C
2021
9,554,854
6,796,846
2,758,008
487,300
1,016,525
1,052,657
201,526
10,414
191,112
47,778
143,334
-469,963
-33,234
-503,197
Transcribed Image Text:AEON Stores (Hong Kong) Company Limited
Balance Sheet
For the Year Ended 31 December 2022 and 2021
Non-current assets
Property, plant and equipment
Right-of-use assets
Investment properties
Equity instruments at FVTOCI
Pledged bank deposits
Time deposits
Deferred tax assets
Rental and related deposits paid
Current assets
Inventories
Receivables, prepayments and deposits
Amounts due from fellow subsidiaries
Time deposits
Pledged bank deposits
Bank balances and cash
Total Assets
Current liabilities
Trade payables
Other payables, accrued charges and other liabilities
Lease liabilities
Contract liabilities
Dividend payable
Amount due to ultimate holding company
Amounts due to fellow subsidiaries
Tax payable
Net current liabilities
Total assets less current liabilities
Capital and reserves
Share capital
Reserves
Equity attributable to shareholders of the Company
Non-controlling interest
Total equity
Non-current liabilities
Rental deposits received and other liabilities
Lease liabilities
Total equity and non-current liabilities
$
$
$
$
$
-$
$
$
2022
431,155 $
2,496,964
280,181
18,925
22,643
6,068
25,670
220,507
3,502,113 $
892,697
152,495
59,025
289,524
7,785
1,088,346
731,711
827,036
436,711
213
27,030
39,918
187
3,151,152 $
615,747 -$
2,886,366 $
2021
1,133,879
1,547,893
2,535,405 $ 2,998,393
6,037,518 $
7,454,051
115,158
-115,432
-274
102,148
101,874 $
580,771
3,206,344
373,910
18,982
24,698
33,583
217,370
4,455,658
953,839
141,157
58,581
285,672
11,251
1,296,730
781,175
833,899
481,524
272
27,596
38,331
209
3,459,736
461,343
3,99 315
115,158
88,286
203,444
119,246
322,690
130,200
139,178
2,654,292
3,532,447
2,784,492
3,671,625
$ 2,886,366 $ 3,994,315
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