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About PETRONAS
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PETRONAS
INTRODUCTION
1.0) About PETRONAS
PETRONAS is Malaysia’s very own national oil company. It was incorporated on 17 August 1974. PETRONAS has complete ownership and control of the petroleum resources in Malaysia. PETRONAS has grown throughout the years from being just the manager and regulator of the country’s upstream sector to a completely incorporated oil and gas corporation. It is also ranked as one of the biggest corporations in the world among the FORTUNE Global 500®. The management of the country’s oil and gas resources is the responsibility of PETRONAS. This is to ensure the order and sustainable development of Malaysia’s petroleum industry (PETRONAS, 2014). PETRONAS is involved in the exploration and production of oil and gas, downstream activities for oil and petrochemicals, gas and power, logistics and maritime business as well as technology and engineering (PETRONAS, 2014).
MAIN BODY
2.0) Investor Relation
2.1) PETRONAS FINANCIAL RESULTS & REVIEW(comparing Financial Year 2011 to Financial Year 2012)
As Malaysia’s very own national oil company, PETRONAS has grown considerably throughout the years. It has been performing really well financially as their revenues has been steadily increasing every year. Through its financial statements it can be seen that PETRONAS revenue has increased by RM 49,748 million from 2011 to 2012. Besides that, during the FY2012, its Earnings before Interest, Tax, Depreciation and Amortization (EBITDA) and its Cash flow from operations has also increased by 11.1% and 10.32% respectively compared to FY2011. The revenue increased by RM 49,748 million is primarily due to the higher realized prices and favorable exchange rate movements; however the revenue increase was also partl...
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...ook] [Accessed: 22 Mar 2014] Available at: PETRONAS .
PETRONAS, (2012) Annual Report. 2012. [e-book] [Accessed: 22 Mar 2014] Available at: PETRONAS .
PETRONAS, (2014). PETRONAS. [online] [Accessed: 22 Mar 2014] Available at: .
PETRONAS, (2014). PETRONAS. [online] [Accessed: 22 Mar 2014] Available at: .
The Top 15 Financial Ratios. (2010). [e-book] Australia: Australian Shareholders' Association. [Accessed: 23 Mar 2014] Available at: Lincolnindicators .
This section will discuss ratio analysis for the following ratios: current ratio, quick (acid-test) ratio, average collection period, debt to assets ratio, debt to equity ratio, interest coverage ratio, net profit margin, and price to earnings ratio. Depending on the end user which ratio carries more importance, however, all must be familiar with ratio analysis. Details on each company's performance for each of these areas can be found in the attached ratio analysis worksheet.
The purpose of this report is to indicate the financial position of British Petroleum as compared to its competitors. British Petroleum is the world’s seven super major valuable oil and Gas Company and is the constituent of FTSE 100. The company operates through 17800 service stations all over the world and produces about 3.2 billion barrels per day. The company conducts in operations in almost 80 countries. By market capitalisation the company is ranked at sixth position and has been ranked as fifth in terms of revenue generation in the oil and gas industry. (British Petroleum , 2006). This report analyses the financial position of British Petroleum by analysing its current performance to its last year performance and by analysing the performance
This company has been performing well for many years and this this because of their good business model. Everything that was noticed on the income statement was the good performance of company. Their dividends have increased over time; this was due to increased profits. The earnings growth projections for the next four years have increased five percent.
“Price-Earnings Ratio – P/E Ratio.” Investopedia. Investopedia US, A Division of IAC., n.d. Web. 25 March 2014.
To collect relevant data, the annual percentage change in net income per common share diluted, net income/net revenues, the major income statement accounts to net revenues, return on stockholders’ equity, the price/earnings (P/E) ratio, and the book values per share for each year numbers were examined. In order for Sun Microsystems to see a greater return in its bottom line assets, it must consider an alternative approach in operating its organization.
Market value ratios gauge the economic position of a business in the broader market. Market value ratios are important to a publicly traded firm as they provide executives an impression of what the company's stockholders feel of the company's operation and forthcoming projections. Market value ratios assess various methods of examining the comparative worth of a business's stock. If the remainders of the business’ ratios are respectable, then the market value ratios should imitate that and the stock value of the company should be high.
During the last eight quarter, debt to assets ratio increased from 62% to 68% and the reason for that is because the total assets have decreased from $12.3 billion to $9.7 billion. Total liabilities have decreased as well from $7.6 billion to $6.6 billion. Even though both assets and liabilities decreased, assets decreased by much high percentage than liabilities did. For the last six quarters, the times interest earned ratio was negative which means that the EBIT was negative. Along with that, the EBIT is decline more and more every quarter. During the third quarter in 2011, EBIT was -$171 million and during the fourth quarter in 2012, it was -$745 million. Overall, both liquid and leverage ratios indicate the financial health of the company is declining. Company is losing assets (mostly cash) and they are not as liquid as they used to be. The assumption is that the company will be out of cash by the end of 2013.
Any successful business owner or investor is constantly evaluating the performance of the companies they are involved with, comparing historical figures with its industry competitors, and even with successful businesses from other industries. To complete a thorough examination of any company's effectiveness, however, more needs to be looked at than the easily attainable numbers like sales, profits, and total assets. Luckily, there are many well-tested ratios out there that make the task a bit less daunting. Financial ratio analysis helps identify and quantify a company's strengths and weaknesses, evaluate its financial position, and shows potential risks. As with any other form of analysis, financial ratios aren't definitive and their results shouldn't be viewed as the only possibilities. However, when used in conjuncture with various other business evaluation processes, financial ratios are invaluable. By examining Ford Motor Company's financial ratios, along with a few other company factors, this report will give a clear picture of how the company is doing now and should do in the future.
D’Amato, E. (2010). Australian Shareholders’ Association: Standing Up for shareholders – The top 15 financial ratios. Australia: Lincoln Indicators Pty Ltd.
Ratios traditionally measure the most important factors such as liquidity, solvency and profitability, as well as other measures of solvency. Different studies have found various ratios to be the most efficient indicators of solvency. Studies of ratio analysis began in the 1930’s, with several studies of the concluding that firms with the potential to file bankruptcy all exhibited different ratios than those companies that were financially sound.
The companies I have selected for this assignment is Malaysia Steel Works (KL) Bhd (5098) and Kossan Rubber Industries Bhd. (7153), both of the company is from industrial products sector and its share is traded in main market.
Malaysia is located in the south-eastern Asia, bordering Thailand and northern one-third of the island of Borneo, bordering Indonesia, Brunei, and the South China Sea, south of Vietnam. Due to its locations, it has been colonised since the late 18th centuries by many countries. Since 1965, Malaysia has had one of the best economic records in Asia, with GDP average of 6.5% growth for almost 50 years. The economical development especially boosted during 1981 and 2003 under the governance of Prime Minister Mahathir bin Mohamad. Malaysia succeeded in diversifying its economy from dependence on exports of raw materials to expansion in manufacturing, services, and tourism. Also, the current Prime Minister continues to pursue pro-business policies .
This paper examines the comparison of corporate governance codes between Malaysia and the United Kingdom (UK) which are the Malaysia Code of Corporate Governance with UK Corporate Governance Codes. The comparisons are based on the origins, compliance, board structure and key committees. UK Codes is based on voluntary and largely business driven while Malaysian Codes is regulatory driven.
Every company listed on the Bursa Malaysia has nearly identical objective that is to maximize company’s profit and to maximize shareholders’ wealth. To achieve this, the company must have sound financial planning; good financial decision, and improve profitability which will then increase the value of the firm. In order to obtain success, the company must have a well plan and execution of its capital structure.
In the past, the company performance was measured by asking ‘how much money the company makes?’ To a certain extent, they are right because gross revenue, profitability, return on capital, etc. are the results that companies must bring to survive. Unfortunately, in today business if the management focuses only on the financial health of the company, numerous unwanted consequences may arise.