Financial Analysis of I.T Ltd. - 4164 Words

Company background I.T Limited (0999.HK) is an investment holding company based in Hong Kong. It was listed on the main board of The Hong Kong Stock Exchange on 4-March-2005. The company offers a wide range of apparel products. It sells its products as well as offers a variety of national and international brands through its network of retail stores. As of February 28, 2011, it operated 392 stores in Hong Kong and Mainland China. Objective To undertake a comprehensive analysis on the financial performance of I.T. Limited. Detailed financial ratio analysis will be performed. An estimation of the firm’s cost of equity capital and weighted average cost of capital will also be provided. Horizon of analysis We will focus on its†¦show more content†¦The company has simply retained some of the profit in each year into reserves. Consolidated cash flow statement (Referring to appendix A - table 9) The company has improved its cash flow generation as its business grew. The profitability of the company increased, and so as the cash generated from operation. And since the company has increased in size, it has increased its ability to finance from banks, therefore it also increased its cash generated from financing activities. Although the company has increased investment in fixed assets and hence the cash outflow from investment, this is offset by the increase in cash flow from operation and financing. II. PERL (Performance, Efficiency, Risk, Liquidity) analysis (Referring to appendix B and C) 1) Performance Profit margins (Gross, operating, net) Gross profit margin keeps increasing. The latest figure is 63.35%, which is a very high margin. This is probably due to the increased brand image of the company, hence the company can increase the selling price of the products. Also, the company shifted the focus on selling products of its own brands more than imported brands, this also increased the gross profit margin. Both operating and net profit margin are also in an increasing trend (despite year 2008/09, a special year which financial crisis happened). But it is worth noting that the current margins are 12.08% and 10.12% respectively, which show a great difference from gross profitShow MoreRelatedFinancial Analysis of I.T Ltd.4152 Words   |  17 Pagesbackground I.T Limited (0999.HK) is an investment holding company based in Hong Kong. It was listed on the main board of The Hong Kong Stock Exchange on 4-March-2005. The company offers a wide range of apparel products. It sells its products as well as offers a variety of national and international brands through its network of retail stores. As of February 28, 2011, it operated 392 stores in Hong Kong and Mainland China. Objective To undertake a comprehensive analysis on the financial performanceRead MoreDell Case Study Strategic Managemen1426 Words   |  6 Pagescom, www.gateway.com, www.sec.gov/edgar.shtml )_______ )_______ )_______ Introduction †¢ Dell computer was founded by Michael Dell at age of twenty one in his dorm at the University of Texas, Austin. Initially the name of the company was PCs Ltd in 1984 but later it was changed to Dell Computer in 1987 when company got listed in stock exchange. †¢ The company started with small operations through PCs by buying retailers surplus stocks at cost, then powering them up with graphics cards, hardRead MoreGaleries Lafayette3934 Words   |  16 Pages | | |[pic] | |Haussmann Flagship Paris, |Store of I.T. 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They are as mentioned below: †¢ Early phase from 1786 to 1969 of Indian Banks †¢ Nationalization of Indian Banks and up to 1991 prior to Indian banking sector Reforms. †¢ New phase of Indian Banking System with the advent of Indian Financial Banking Sector Reforms after 1991. To make this write-up more explanatory, I prefix the scenario as Phase I, Phase II and Phase III. Phase I – The General Bank of India was set up in the year 1786. Next came Bank of Hindustan and Bengal BankRead MoreProfit Maximization vs Wealth Maximization5736 Words   |  23 Pagesessentials tools for us to expose our skill as a future responsible managerial post. The preparation of this project report is based on the financial analysis of annual reports consecutive years of five public limited companies, using Ratio analysis and other tools. The scope of the project report is limited to the study of financial position and analysis of the financial objectives of the companies on the basis of published data available. My work in this project is therefore a humble attempt towardsRead MoreFinancial Modeling Techniques For Risk Adverse Client Who Is Seeking For Long Term Investment2960 Words   |  12 PagesLimited (WOW) and REA Group Ltd (REA). These three stocks are listed on the Australian Securities Exchange (ASX) 100 index. According to the demand of client, we first identified the portfolio with the lowest risk, utilizing the Capital Asset Pricing Model (CAPM). We then successfully identified the new portfolio investing $200,000 in the local minimum portfolio and borrowing $100,000 from risk-free asset. . Based on the appropriate data collection, calculation and analysis, we proved that this newRead MoreEssay about Burberry Strategic Analysis3193 Words   |  13 PagesTable of Contents Executive Summary1 Strategic Review A)Strategic analysis of Burberry i. Environmental Analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦1-3 ii. Resources and competence analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.3-4 iii. Purpose/culture/stakeholder analysis4 B) Recommendation for future development i. Three options suggested using TOWS Matrix5-6 ii. 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Essay on Christopher Columbus - 1614 Words

Christopher Columbus Although nearly every phase of any exploration had its good and bad outcomes the benefits of Columbus discovery of the New World far outweigh the negative results of that enterprise; because his discovery stimulated further development of both Europe and the New World. His voyage was an epochal and magnificent discovery in that it confirmed the roundness of the earth and gave new validity to science, expanded trade and opened new markets and led to the industrialization of Europe, and opening the doors to a new world because the Old World was overcrowded and torn by strife. Columbus did not just discover land and resources rather he discovered the New World. A New World that offered hope, freedom, and a new†¦show more content†¦As an explorer, Columbus not only confirmed the world was round, but he decoded the Atlantic wind system, discovered the magnetic variation in the Western hemisphere and, among other things, contributed to the mapping of the Atlantic and the New Wor ld (Fernà ¡ndez-Armesto, 182). Columbus great skill in navigation paved the way for later explorers to come to the New World. Before he had set out in pursuit of the East Indies, he studied charts, maps, and journals from earlier explorers and was certain that he could reach the Far East by sailing westward. His calculations were beyond correct and he never quite realized the fact that he was nowhere near the Far East, but in reality was on a whole other continent. The task he set for himself Ââ€" to cross the Ocean Sea was literally beyond the capacity of any vessel of his day. The task he performed Ââ€" to cross from Europe to a New World Ââ€" was beyond the conception of many of his contemporaries (Fernà ¡ndez-Armesto, 183). Nobody thought that Columbus could reach the Far East Ââ€" much less anything at all. He achieved the highly impossible and instead of being praised, is put down for his faults. Although Columbus did not find the spices of the East Indies there were still many new things to trade in the New World. Tomatoes, peppers, peanuts, sunflowers, cashews, potatoes, and tobacco were brought to the Old World and sugar,Show MoreRelatedEssay on Christopher Columbus? Or Not Christopher Columbus?1329 Words   |  6 Pages On Columbus Day students across the nation will learn how Columbus discovered the New World and about his fantastic travels to the New World. Children will learn poems, stories, songs and rhymes about his travels and about himself as well on this day. 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However, Leif Ericson, a Viking, was the first European to see the Americas. â€Å"Christopher Columbus - born Cristoforo Colombo but was called in Spain Cristobal Colon†(Heat-Moon 4) was born to Domenico Colombo and Susanna Fontanarossa sometime between August 25 and October 31, 1451 in Italy near Genoa (Heat-Moon 4). â€Å"Christopher Columbus had four other siblings; Bartholomew Columbus, BianchinettaRead MoreChristopher Columbus And The Columbus898 Words   |  4 Pages Christopher Columbus â€Å"In fourteen hundred ninety-two / Columbus sailed the ocean blue.† In grade school, I was taught this rhyme to learn about Christopher Columbus. Most of what I learned about Christopher Columbus then, was that he thought the world was round (and others didn’t); and that he wanted to sail to India, but messed up, and landed in America, calling the natives â€Å"Indians.† As I grew older, I learned a little bit more about Columbus’s trips to the Americas. 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Christopher Columbus had little schooling just like most of the people during that age. Genoa was a busy seaport and Christopher Columbus learned much from the sailors. Christopher Columbusâ €™s father was a poor weaver. Christopher Columbus workedRead MoreThe Voyage of Christopher Columbus1541 Words   |  7 PagesAmerican History I 07/08/05 Christopher Columbus Voyage to North America Spanish exploration first began with a series of revolutions. First, the Commercial Revolution generated economic stability. Second, the Intellectual Revolution generated interest in the Earths composition and the pursuit of exploration. Europe then called for a political revolution to end the disorganized and disorderly rule of its government. This revolution returned order and stability to the government and renewed interestRead MoreChristopher Columbus Is Not A Hero Essay1610 Words   |  7 PagesChristopher Columbus is commonly known as the â€Å"discoverer† of the Americas. From a young age students are taught all the wonderful things he did for our land and how well he interacted with the Natives. Although the truth is disregarded and as students grow, they come to learn that Columbus was not a hero in fact. Columbus came close to causing a genocide of the Native Americans, and basically began the â€Å"white power† movement that America is forced to deal with t oday. The truth of what ChristopherRead MoreLegacy of Christopher Columbus2614 Words   |  11 PagesThe Legacy of Christopher Columbus Abstract After many centuries, a lot of controversy still surrounds Christopher Columbus. He remains to be a strange figure in history regarded as a famous explorer and a great mariner who made many discoveries in his days. Other people still regard him as a visionary and a national hero while others chose to remember him as a brutal and greedy person who used the rest of the humanity for his own selfish gains. Despite the fact that there have been protests inRead More Christopher Columbus Essay474 Words   |  2 Pagesin search of a direct sea route from Europe to Asia, Christopher Columbus accidentally discovered the Americas. However, in four separate voyages to the Caribbean from 1492 to 1504, he remained convinced that he had found the lands that Marco Polo reached in his overland travels to China at the end of the 13th century. To Columbus it was only a matter of time before a passage was found through the Caribbean islands to the cities of Asia. Columbus was not the first European to reach the Americas Vikings

Concert Report †Paco de Lucia Essay Sample free essay sample

The concert that I watched on the cyberspace was a full concert that took topographic point in Freiburg. Germany in 1987 and was presented by two of the best authoritative guitar players of all-time Francisco Sanchez Gomez better known as Paco de Lucia from Spain and John McLaughlin from England. The music that they play is all classical music in its pureness and between the submitted vocals which were largely vocals composed by themselves some pieces belong to other celebrated creative persons such as Egberto Sigmonti and Chick Korea. Personally. I truly liked really much this concert I. I think that the combination of these two guitar players is one of the best combinations of classical guitar creative persons. For illustration I have seen some other presentations of Paco de Lucia as soloist and other creative persons attach toing him but neer had looked an creative person attach toing Paco de Lucia so good as John McLauhlin that could demo off and foreground both manners in one. We will write a custom essay sample on Concert Report – Paco de Lucia Essay Sample or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The guitars used for this concert. of class were the original wood authoritative guitar with nylon strings. The techniques used by Paco de Lucia were largely finger manner and the techniques of John were largely arpeggios and rhythmic utilizing the choice. The first piece of music which the concert began is called â€Å"Spain† by a worldwide known piano player Armando Anthony Corea or best good known as â€Å"Chick corea† . This is a piece of music a small long and really reasonably. The bulk of the vocal was merely the finger manner of Paco de Lucia and arpeggios and picking technique by John. Actually in this vocal John could demo off more accomplishments than Paco de Lucia. The 2nd musical piece is called â€Å"Chiquito† and it was created by Paco de Lucia. a vocal with a fantastic tune. This vocal has a beat that is ever traveling up and down ; starts decelerate and so begins to raise the beat faster and faster. A funny note in this vocal I saw. was the manner that John guitar played his guitar. for illustration the motions for non losing the beat and clip. The funny motion that John was making consists on traveling his right pes as making circles. and so continued with the other pes giving little blows to the floor. The 3rd vocal is called â€Å"Florianopolis† and it was written by John McLaughlin. This is a really fast piece. since the beginning starts with a really fast solo touring all stews of the guitar. Paco de Lucia was making arpeggios and finger manner. while John was adorning the piece with his magnificent fast picking technique. . The terminal of the vocal went much faster and with a really curious beat. for illustration John while playing his guitar besides gave a few blows on guitar to make or tag a few pauses several times and so kept playing the same tune. The 4th vocal is called â€Å"Cana de Azucar† written by Paco de Lucia. This vocal is a short piece but with a really fast tune. The techniques used are reasonably much the same techniques used in the other vocals. at the terminal of the vocal both creative persons speed up the tune and continued with merely arpeggios until the terminal. The fifth vocal is called â€Å"Frevo Rasgado† and was written by Egberto Gismonti. a really old Brazilian piano player and guitar player. Actually he is recognized as one of the most of import modern-day composers in the universe. embracing different musical manners that pass from Brazilian popular music. wind and classical music. This song sounds more like flamenco and has really difficult and fast tunes. The techniques used were finger manner. arpeggios and picking technique by John. besides making once more blows on the guitar to adorn and tag little intermissions in the vocal. The 6th and last vocal performed is called â€Å"David† and written by John McLaughlin. This is a really relaxed and comfy vocal. It starts really slow with light sounds and slow tunes. but as the vocal continues the tune starts to travel faster and faster until the terminal that finishes with really fast tune. In decision. I truly liked al the public presentations from the beginning until the terminal. Without a uncertainty is one of the best couple of classical guitar I’ve of all time seen because these two guitar players are recognized around the universe as some of the best. The techniques of each creative person fit absolutely to make some really keen and interesting tunes. Both creative persons did a great public presentation that dark. and all the people were really amazed with their public presentation.