National Tea Company

8/9/2019 National Tea Company

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national tea company

Pre- IPO1995 1996

Current Assets:inventories

loan to employeesadvances deposits and prepaymentstrade debtorsadvance income taxaccurued interest on investmentreceivables from BTBcash and bank balanceTotal Current Assets(CA) 0 0

Current Liabilities

short term loancurrent maturitypre liberation bank loansecurity depositscreditorsaccrued interest on loansprovision for gratuityunclaimed dividendother liabilitiesTotal Current Liabilities(CL) 0 015.Sales16.Cost of Goods Sold (COGS)Net working capital 0 0

Total ASSET Total Share holders equityNet Profit after taxNO. of Shares outstandingROA #DIV/0! #DIV/0!ROE #DIV/0! #DIV/0!EPS #DIV/0! #DIV/0!Ratio Analysis:

Current ratio:(C A/C L) #DIV/0! #DIV/0!Quick ratio:((CA-inventories)/CL) #DIV/0! #DIV/0!Accounts Receivable turnover:(sales/AR) #DIV/0! #DIV/0!A/R Collection Period:(360/AR turnover) #DIV/0! #DIV/0!Inventory Turnover ratio:(COGS/Inv) #DIV/0! #DIV/0!Inventory conversion period:(360/Inv.Turnover) #DIV/0! #DIV/0!

Operating Cycle: (A/R collection per.+Inv. conv ) #DIV/0! #DIV/0!Payment deferral period #DIV/0! #DIV/0!


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Cash conversion cycle: Operating cycle-pay.def #DIV/0! #DIV/0!

accounts payables turnover

Net liquid balancecurrent assetcurrent liability

comprehensive liquidity indexmodified current asset

1995 1996 2004 2005 2006 20070.00

0.10

0.20

0.30

0.40

0.50

0.60

national tea company

Current

ra tio


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inventoriesloan to employeesadvances deposits and prepaymentstrade debtorsadvance income taxaccurued interest on investmentreceivables from BTBcash and bank balance

total

modified current liabilities

short term loan

current maturitypre liberation bank loansecurity depositscreditorsaccrued interest on loansprovision for gratuityunclaimed dividendother liabilities

total


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Post-IPO2004 2005 2006 2007 2008

145053451 116291216 129591148 122721538

1216169 863482 741064 68790437387499 33235676 32078608 458731781549416 1358614 49998351 51614688

18085995 15165898 16348449 4894270426230 603455 700792 976072916238 916238 916238 916238

20174015 20589507 15358057 396629740 224809013 189024086 245732707 267346862

193211581 190297293 325530615 3177421446099845 17116894 16990565 15695116

253343 253343 253343 2533438269992 21717599 5862785 5856885

121421074 137402650 147027663 17667552577152926 76792168 76782468 7568766722176640 27103040 59936020 68895734

5326004 6582331 9590864 1303283318339573 18339573 18339573 18339573

0 452250978 495604891 660313896 692178820359583002 403465787 290341659 468460575247754595 280019356 236453043 284891249

0 -245527960 -321746703 -430929638 -429726228943848522 968818899 1082798435 1146231024232694940 241160194 207421290 254684071

27211006 28164518 26891443 73233858660000 660000 660000 660000

#DIV/0! 2.88% 2.91% 2.48% 6.39%#DIV/0! 11.69% 11.68% 12.96% 28.75%#DIV/0! 41.23 42.67 110.96 40.74

#DIV/0! 0.50 0.38 0.37 0.39#DIV/0! 0.46 0.35 0.18 0.21#DIV/0! 232 297 6 9#DIV/0! 2 1 62 40#DIV/0! 2 2 2 2#DIV/0! 211 150 197 155

#DIV/0! 212 151 259 195#DIV/0! 176 177 224 223


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#DIV/0! 36 -26 35 -29

1.19 0.85 0.88 0.69

2005 2006 2007 200814074170 3472613 -1632508 2396785820174015 20589507 15358057 39662974

6099845 17116894 16990565 15695116

2005 2006 2007 20080.68 0.53 0.43 0.49

2008 1995 1996 2004 2005 2006 2000.000.050.100.150.200.250.300.350.400.450.50

Quick Ratio

1 2 3 4-5000000

0

5000000

10000000

15000000

20000000

25000000

30000000


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### 115902771.4 112610358.5 111954180.891216169 863482 741064 687904

37387499 33235676 32078608 458731781542739.68 1354039.06 41388373.67 45927814.53

18085995 15165898 16348449 4894270426230 603455 700792 976072912290 913152.7 758457.03 815287.48

20174015 20589507 15358057 39662974

### 188627981.16 219984159.2 250791680.9

193211581 190297293 325530615 317742144

6099845 17116894 16990565 15695116253343 253343 253343 2533438269992 21717599 5862785 5856885

77152926 76792168 76782468 7568766722176640 27103040 59936020 68895734

5326004 6582331 9590864 1303283318339573 18339573 18339573 18339573

330829904 358202241 513286233 515503295


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7 2008

Row 40

1995

1996

2004

2005

2006

2007

2008

0 50 100 150 200 250 3

Accounts Recivable Turnover

Row 4

Row 68


9/53


10/53


11/53

0 350

1

1995 1996 2004 2005 2006 20070

0

1

2

2

3

Inventory Turnover(Times)


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14/53

2008

Row 43


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Alltex Industries

Pre- IPO1995 1996

Current Assets:1.Stocks inhand and in transit 129914350 129811449

2.Trade debtors 18025607 79398093.Share Issue expenses4.Advances, deposits & receivable 60697477 987432765.Cash & bank balances 16692553 17217336Total current assets 225329987 253711870

Current Liabilities6.bank Overdraft-secured7.Goods Supplied8.Liabilities for expenses9.Overdue installmnets of long term liabilities10.Overdue installments of leasing expenses11.other finance12.Long term loan cuurrent maturity13.Lease liability current maturity14.Other liabilities15.Unclaimed dividend16.Dividend distribution taxTotal Current Liabilities 92911532 6840968517.Sales 275955640 28835552818.COGS 198971117 213601963Net working capital 115725902 168084849

Total ASSET 422046997 450791595 Total Share holders equity 181681671 235718451Net Profit after tax 53388838 54036780NO. of Shares outstanding 900000 2000000ROA 12.65% 11.99%ROE 29.39% 22.92%EPS 59.32 27.02

Ratio Analysis:Current ratio:(C A/C L) 2.43 3.71

Quick ratio:((CA-Cash)/CL) 2.25 3.46Accounts Receivable turnover:(sales/AR) 15 36A/R Collection Period:(360/AR turnover) 24 10Inventory Turnover ratio:(COGS/Inv) 2 2Inventory conversion period:(360/Inv.Turnover) 235 219

Operating Cycle: (A/R collection per.+Inv. conv ) 259 229Payment deferral period:(( 9+10)/16)*360 N/A N/ACash conversion cycle: Operating cycle-pay.def N/A N/A


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1995 1996 2004 2005 2006 2007 20080.00

0.50

1.00

1.50

2.00

2.50

3.003.50

4.00

Current RATIO

Row 38


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Post-IPO2004 2005 2006 2007 2008

436516099 316607366 519230964 479864472 463533788

234982786 64466701 183445699 305677740 1565208142849821 2493594 2137367 1781140188860155 284076860 242274334 230941398 213068002

85209041 59607521 47663343 73315740 53225896948417902 727252042 994751707 1091580490 886348500

890804321 496272361 938684801 1045110312 101311543219242425 19913305 17639563 21651007 2088445824276680 26643621 24262924 6336582228785630 6792058 57258383 89314702

1607280751249 838820 750398 880232

1125066793025891549012973

1310815 27057725 29878125 25263111 249170144800000

971578400 577517890 1011215811 1213528867 13400101732119877374 2179677556 2078867152 3247305609 30337785181828071623 1842263471 1741674948 2720267763 2623790478-108369539 90126631 -64127447 -195264117 -506887569

1888632422 1673548240 1990382470 2323399897 2452181818738019123 706795516 638149032 629765874 633445609

14369698 16776392 10365039 10774442 60477664800000 4800000 4800000 4800000 4800000

0.76% 1.00% 0.52% 0.46% 0.25%1.95% 2.37% 1.62% 1.71% 0.95%

2.99 3.50 2.16 2.24 1.26

0.98 1.26 0.98 0.90 0.66

0.89 1.16 0.94 0.84 0.629 34 11 11 19

40 11 32 34 194 6 3 6 6

86 62 107 64 64

126 73 139 97 829 9 9 11 3

117 63 130 86 79


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1995 1996 2004 2005 2006 2007 200.00

0.50

1.00

1.50

2.00

2.50

3.00

3.50

4.00

Quick ratio

Row 39


20/53


21/53

8

1995

1996

2004

2005

2006

20072008

0 5 10 15 20 25 30 35 40

A/R Turnover times

Row 40


22/53


23/53

1995 1996 2004 2005 2006 2007 20080

1

2

3

4

56

Inventory Turnover( Times)

Row 42


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Apex spinning and knitting mills ltd.,Dhaka

Pre- IPO1993 2004


2.Trade debtors 41027525 1081513333.Advances, deposits & prepayments 1634274 461989034.Other receivable5.Cash & bank balances 52125 46519114Total current assets 99389124 242155744

Current Liabilities6.Trade creditors 42173550 2031657177.Sundry creditors 4719765 244384848.Working capital loan 25958539 88372399.Directors loan 2828155

10.term loan current maturity11.Long term loan current maurity12.Short term loanTotal Current Liabilities 75680009 23644144013.Sales 98262557 100989308014.Cogs 68795006 885983889Net working capital 23656990 -40804810

Total ASSET 210337525 565507138 Total Share holders equity 63990168 249540397Net Profit after tax 18834249 37575530NO. of Shares outstanding 350000 840000ROA 8.95% 6.64%ROE 29.43% 15.06%EPS 53.81 44.73Ratio Analysis:Current ratio:(C A/C L) 1.31 1.02Quick ratio:((CA-Cash)/CL) 1.31 0.83Accounts Receivable turnover:(sales/AR) 2 9A/R Collection Period:(360/AR turnover) 150 39Inventory Turnover ratio:(COGS/Inv) 1 21Inventory conversion period:(360/Inv.Turnover) 297 17

Operating Cycle: (A/R collection per.+Inv. conv ) 447 55Payment deferral period:((6+7)/14)*360 245 92Cash conversion cycle: Operating cycle-pay.def 201 -37

1.40

Current Ratio


25/53

1993 2004 2005 2006 20070.00

0.20

0.40

0.60

0.80

1.00

1.20

Ratio


26/53

Post-IPO2005 2006 2007 2008

88145964 125683077 148564429 219954386

114631023 191245458 188259667 15114290055691542 40271544 29864099 4689705759021338

53425423 66136964 28838567 111808250311893952 423337043 395526762 588823931

231150220 278566348 215473516 37487371138050912 42190000 36718537 5221084541321950 48433398 102585664 23601041

49503546 664061082944732248661588

310523082 418693292 421183825 5287945071427363785 1924903564 1601979126 17186754031274859754 1734680303 1401084522 1527219980

-52054553 -61493213 -54495630 -51778826686319475 779529808 852303813 979431940284134701 316907104 350746360 400339127

47194304 47892403 48959256 66392767840000 840000 840000 840000

6.88% 6.14% 5.74% 6.78%16.61% 15.11% 13.96% 16.58%

56.18 57.01 58.28 79.04

1.00 1.01 0.94 1.110.83 0.85 0.87 0.90

12 10 9 1129 36 42 3214 14 9 725 26 38 52

54 62 80 8476 67 65 101

-22 -5 16 -17

1.40

Quick ratio


27/53

2008 1993 2004 2005 2006 20070.00

0.20

0.40

0.60

0.80

1.00

1.20

Ratio


28/53

Accounts Receivable Turnover


29/53

2008

1993

2004

2005

2006

2007

2008

0 2 4 6 8 10


30/53

Inventory Turnover ratio


31/53

12 14 1993 2004 2005 2006 20070

5

10

15

20

Row 37


32/53


33/53

2008


34/53

Metro Spinning Limited

Pre- IPO2000 2001


2.Trade debtors 645704 1521033.Share Issue expenses4.Advances, deposits & receivable 4030313 126115045.Cash & bank balances 2578847 273828Total current assets 57485192 91230742

Current Liabilities6.Trade Creditors 6266575 110787307.deferred liability8.WPFF 8528789.current portion of long term loan

10.Short term loan from bank 38307659 5002140311.Liabilities for expenses 6871640 682409012.Provision for taxTotal Current Liabilities 51445874 6877710113.Sales 108469310 13088622014.Cost of goods sold 73394125 85255819Net working capital 3460471 22179813


Operating Cycle: (A/R collection per.+Inv. conv ) 249 331Payment deferral period:((6+11)/14)*360 64 76Cash conversion cycle: Operating cycle-pay.def 184 255

1.40

Current Ratio


35/53

2000 2001 2004 2005 20060.00

0.20

0.40

0.60

0.80

1.00

1.20

Ratio


36/53

Post-IPO2004 2005 2006 2007 2008

72495080 202907542 107842225 146476775 183184292

39266200 56739146 213682765 224999994 228287704

44270269 39094595 47291099 45553496 5110223110137714 7490646 8884237 2244844 1129240

166169263 306231929 377700326 419275109 463703467

23579528 35973476 33605401 9669758 2291875821913792

2909567 3227857 3566134 4004792 491928945962000 69157173 89084898 92709651 53306989

175982835 432938807 497808064 601742894 72227068411101952 19090210 15300442 11075651 25500782

566957 1321834 2265013 3124169 3335661260102839 561709357 641629952 744240707 832252163

288301610 397645482 594093297 725610310 682626450217746129 319501550 484565221 581238427 528528245

-104071290 -262968074 -272813863 -327210442 -369677936511092544 813156743 837270737 885739200 946368464102006619 99534279 98084987 99044115 107390574

12033735 5447659 5750706 6959129 155464596000000 6000000 6000000 6000000 6000000

2.35% 0.67% 0.69% 0.79% 1.64%11.80% 5.47% 5.86% 7.03% 14.48%

2.01 0.91 0.96 1.16 2.59

0.64 0.55 0.59 0.56 0.560.60 0.53 0.57 0.56 0.56

7 7 3 3 349 51 129 112 120

3 2 4 4 3120 229 80 91 125

169 280 210 202 24557 62 36 13 33

112 218 173 190 212

Quick Ratio


37/53

2007 2008 2000 2001 2004 2005 20060.00

0.20

0.40

0.60

0.80

1.00

1.20

.

Ratio


38/53

A/ R Turnover


39/53

2007 2008

2000

20012004

2005

2006

2007

2008

0 100 200 300 400 500 600 700


40/53

Inventory Turnover ratio


41/53

800 900 1000 2000 2001 2004 2005 2006 200012233445


42/53


43/53

7 2008


44/53

Prime Textiles spinning mills ltd.

Pre- IPO1994 1995


2.Trade debtors 75736450 1112821083.Advances, deposits & receivable 57279546 1576051524.Investment at cost (Govt. securities) 1640000 16400005.Cash & bank balances 8531169 66711415Total current assets 312091807 563710622

Current Liabilities6.short term loan secured 117786206 1471449657.Long term loan current portion 144792248.Creditors for goods 720989 1824479.Other current liabilities 89238191 39933577

Total Current Liabilities 207745386 20174021310.Sales 373191009 47128605211.Cost of Goods sold 219163902 330176706Net working capital 95815252 295258994


Operating Cycle: (A/R collection per.+Inv. conv ) 351 332Payment deferral period:(8/11)*360 1 0

Cash conversion cycle: Operating cycle-pay.def 349 332

2.00

2.50

3.00

Current Ratio


45/53

1994 1995 2004 2005 2006 20070.00

0.50

1.00

1.50


46/53

Post-IPO2004 2005 2006 2007 2008

322822334 409404916 411454048 282458440 565487208

262514795 147310027 292582372 316002830 33744291387707312 58223875 56354221 103342271 116254023

13529661 16003549 11619338 11488512 25632305686574102 630942367 772009979 713292053 ###

121646322 191979218 180642549 174081682 278832114

372596128 269177246 425490985 377454242 597445881109993684 100833688 99243092 105992989 106616156

604236134 561990152 705376626 657528913 9828941511481539512 1335840425 1497565609 222100955 15783863141340166739 1199325969 1353525886 179011224 1391832663

68808307 52948666 55014015 44274628 362899932533077054 2412177192 2525101572 2383413335 26307933601077493586 1085092033 1098878202 1114186027 1147201594

21520784 20757884 40558524 53351445 710905073820000 3820000 3820000 3820000 3820000

0.85% 0.86% 1.61% 2.24% 2.70%2.00% 1.91% 3.69% 4.79% 6.20%

5.63 5.43 10.62 13.97 18.61

1.14 1.12 1.09 1.08 1.061.11 1.09 1.08 1.07 1.04

6 9 5 1 564 40 70 512 77

4 3 3 1 287 123 109 568 146

151 163 180 1080 223100 81 113 759 155

50 82 67 321 69

2.00

2.50

3.00

Quick Ratio


47/53

008

1994 1995 2004 2005 2006 2007

0.00

0.50

1.00

1.50


48/53

2006

2007

2008

A/R Turnover Ratio


49/53

2008

1994

1995

2004

2005

0 1 2 3 4 5 6 7 8 9


50/53

3

4

4

5

Inventory Turnover Ratio


51/53

101994 1995 2004 2005 2006 2007 2008

0

0

1

2

2


52/53


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National Tea Company

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