financial management 1 name of topic viettel post joint stock corporationvtp

DUY TAN UNIVERSITYFACULTY OF BUSINESS ADMINISTRATION ------BUSINESS R EPORTFinancial Management 1Name of topic Viettel Post Joint Stock CorporationVTPInstructor: Dr.REGINA PUMA-AT B

DUY TAN UNIVERSITY

FACULTY OF BUSINESS ADMINISTRATION

- -BUSINESS R EPORT

Financial Management 1

(Name of topic) Viettel Post Joint Stock Corporation(VTP)

Instructor: Dr.REGINA PUMA-AT BÙI ĐỨC ANHClass: FIN 301M

Group members:

1 Bùi Minh Tâm - 4055

2 Nguyễn Thị Thanh Hiếu - 7643

3 Lê Thị Nga - 2129

Đà Nẵng, tháng 10 năm 2023

Contents

I.INTRODUCTION 2

1.OVERVIEW 2

2 CORPORATE INFORMATION 2

3.LOCATION 3

4.PRODUCT 3

5 VISION 3

6 OBJECTIVE 4

7.ORGANIZATIONAL STRUCTURE 4

II FINANCIAL STATEMENT (2021-2022) 7

1 FINANCIAL RATIO 12

2 BREAK EVEN POINT 17

III.FINDINGS AND RECOMMENDATIONS 17

1 Results achieved 17

2 Restrict 18

3 Solution 19

IV REFERENCES 19

I.INTRODUCTION

1.OVERVIEW

VIETTEL POST JOINT STOCK CORPORATION

Viettel Post is a member of Viettel Group, specializing in domestic andinternational express Delivery Service; Logistics Service; FulfillmentService; E-commerce Service;

After more than 24 years of construction and development, Viettel Post'sposition is increasingly asserted in the market with many prestigious titlesand awards along with the highest growth rate in the delivery industry.With the desire to tranquillize the customers and bring the bestexperience when using the delivery service, Viettel Post is constantlychanging increasingly to meet the expectations of customers

Explaining the sustainable development of Viettel Post, MR NguyenThanh Nam - General Director of Viettel Post emphasized: “We alwaysconsider customers as the most valuable assets, taking customers as thefinal destination, all actions of Viettel Post's activities are aimed to satisfydomestic as well as international customers This motto will forever bethe guideline for Viettel Post's actions in the coming time”

Viettel Post always consider human resources as the core factor With theslogan: "Viettel Post - Going deeper, going further to make people closertogether", the Corporation has built a stream of lean, honest, hard-working staff to meet expectations of customers when using the service.Viettel Post is being evaluated as a sustainable development enterpriseand is the only enterprise in Vietnam in the delivery field of investment inforeign markets to integrate into the world

English name: Viettel Post Joint Stock Corporation

Abbreviations: UpCOM

Business registration certificate No 0104093672 provided by Hanoi CityPlanning and Investment, first registered on July 3, 2009

3.LOCATION

Headquarters: Km 2, Thang Long Boulevard, Me Tri Ward, Nam Tu

Liem District, Hanoi

Southern Office: N1 Building – 158 / 2a Hoang Hoa Tham, Ward 12,

Tan Binh District, HCM

Contact number: 19008095

Email for support: cskh@viettelpost.com.vn

Contact for business cooperation: +84 98 365 3311

Email for business cooperation: kinhdoanh@viettelpost.com.vn

Website: https://viettelpost.com.vn/en/

4.PRODUCT

Viettel Post express delivery service is a service for transporting parcels,letters, goods by road and air according to pre-announced time Parcelssent via Viettel express delivery service are not only guaranteed on timebut also committed to safety The parcel will be delivered directly to therecipient by Viettel Post's postman if the recipient's address is correct.Domestic services include MyGo delivery within the province, Expressdelivery, 60-hour delivery, Express delivery by box, Economy delivery

by box, Express delivery, Express delivery with cash on collection, etc.International services include designated carrier international deliveryand express international delivery

Logistic services include Customs Services, Full-haul TransportationServices, Forwarding Services, Consolidation Transportation Services,Warehouse Services

BOARD OF DIRECTORS:

MEMBERS OF THE BOARD OF MANAGEMENT:

II FINANCIAL STATEMENT (2021-2022)

* BALANCE SHEET (VIETNAMESE)

* BALANCE SHEET (ENGLISH)

10INCOME STATEMENTS (VIETNAM)

*INCOME STATEMENTS (ENGLISH)

=> Company's payment capabilities are good

Asset management Ratio

Alalysis:

Accounts receiveable turnover in 2021 is 9.78, but a 2022 decrease

to 9.33 indicates that businesses are likely to recover less efficiently than

in 2021 And all 2-year high Receivable turnover index is oftenconsidered indicative of good business performance because it shows theability to switch

The increase in the Average Collection Period (Average recallperiod) from 37.3 to 39.1 can be considered a negative sign in thefinancial management of the business karma It can be pointed out thatthe business is having difficulty recovering receivables from customersThe inventory turnover in 2021 is 55.9, meaning that the time goods stay

in stock before lingering out averages 6.5 days But by 2022, the number

of inventory turnover of the business increased to 63.3 (up 7.4), eachround is 5.8 days (down 0.7 days)

=> Thereby, showing that the production and business activities of theenterprise are progressing well

In 2021, the company's fixed asset turnover is 67.1 and increasesrapidly in 2022 (an increase of 13.6 times), showing that the business iseffectively utilizing fixed assets in creating sales population and cancreate conditions for businesses to use assets effectively and have moreresources for other business activities

Compared to 2021, the total asset turnover ratio in 2022 has aslight decrease This suggests that businesses that use all assets are lesseffective at generating sales Therefore, enterprises need to control costs,optimize the production process, etc, or take measures to enhance assetutilization performance and achieve better financial performance

PROFITABILITY RATIO

Alalysis:

Profit Margin: the net profit ratio does not change much,maintained at 0.01, the, indicate the after-tax profit on sales and show that

each dollar of revenue yields a 1% profit% Follow-up attention should

be paid to ensure the feasibility and stability of profit

Gross Margin Ratio is 0.03 Indicates that 3% of sales revenuecontributes to offsetting the cost of goods sold, reflecting the moderategross profit margin indicates stability in covering costs, maintainingprofit margin Indicates the ability to manage the company's capital priceReturn on Total Asset: the return on total assets in 2021 was 0.054and in 2022 it was 0.04 indicating a slight decrease in 2022 Thisindicator measures asset utilization performance to generate profits Thisdecrease may be a warning sign of a decreased asset efficiency

Return on Common Equity: return on common equity decreasedfrom 0.29 to 0.23 Evaluation of profit performance against equity Thisdecrease indicates low shareholder returns, which require attention tofinancial performance

The decline of Return on invested capital from 0.06 in 2021 to 0.05

in 2022 is often a negative sign A decrease in ROIC often means that thebusiness does not generate an effective return on investment

Basic Earning Power Ratio: Measuring a company's profitabilityfrom its core operations, excluding interest and taxes A drop in the basicprofitability ratio by 2022 indicates a slightly lower likelihood ofgenerating operating income from assets than it was in 2021

DEBT UTILIZATION

Alalysis:

Total Debt to total capital remains stable at 76% both in 2021 and

2022 This stability shows that the company is not experiencingsignificant fluctuations in its long-term debt structure compared to equityTimes Interest Earned: Evaluating the company's ability to payinterest on the loan The year 2021 fell from 8.78 to 2022 to 6.82, but isstill considered a relative level of safety for debt interest repayment That

is, the business has enough profit to pay the current debt interest and has

a profit margin

Long-Term Debt to Equity Ratio: Measuring the level of riskassociated with long-term debt versus equity An increase from 0.001 to0.01 could indicate a strengthening in the long-term debt, which couldpose future debt settlement challenges

2 BREAK EVEN POINT

So VTP has a break-even point in 2021 when it has a sales volume

of 196,266,623 products with a turnover of 3,925,332,464,832đ

And VTP has a break-even point in 2022 when it has a salesvolume of 211,622,624 products with a turnover of 4,232,452,497,096đ

III.FINDINGS AND RECOMMENDATIONS

1 Results achieved

By analyzing the financial situation of Viettel post in the past 2years, we can see that, in recent years, though, it has been in the post-economic crisis, the economy still faces many difficulties, but thecompany still achieves encouraging results Specifically as follows:Regarding the asset situation: The increased size of the company's assetsindicates that the company is expanding its business size The increasedlong-term assets are the main ones, short-term assets remain stable, theasset structure remains stable The company has increased investment in

to invest in long-term assets, helping the company to enhanceproductivity capacity, construction capacity.

Regarding cash flow: The net cash flow from business activities duringthe company's term in 2022 increased compared to 2021 Net cash flowfrom investment increased dramatically in the period of 2022, indicatingthat the company is promoting investment in business development

2 Restrict

Besides the results achieved, the company also exists as follows:about the property: short-term assets cannot be easily converted into cashwhen necessary.The company also leaves a large backlog of capital atupfront payments to the associated short-term sellers to the investments.Inventories tend to decrease and the cost of goods sold increases

on the situation of capital: the ratio of liabilities of the Company is low.Owner capital is constantly increasing The low debt ratio shows that thecompany has not made good use of economic leverage to raise capitalfrom sources to promote business

Restrictions on the company's self-financing situation pose achallenge on debt management , spending interest rates and financialstrategies to ensure long-term stability and profitability

3 Solution

We recommend that the company strengthen its inventorymanagement measures while strengthening its management of receivableliabilities In addition, strengthening the cost management and monitoringthe implementation of the cost plan is also important Especially knowthe management of cash flow, especially cash flow from investment andfinancial activities

IV REFERENCES

https://s.cafef.vn/ceo/ceo_59446/nguyen-thanh-nam.chn?cs=vtp

https://en.viettelpost.com.vn/privacy-policies

EVALUATING

1 Nguyễn Thị Thanh Hiếu 27202637643 GOOD

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