The background information1.1 History of establishment and development of Mobile World Joint Stock Company.- 2004: Mobile World Joint Stock Company was established with an initial capita
The background information
History of establishment and development of Mobile World Joint Stock Company 3
- 2004: Mobile World Joint Stock Company was established with an initial capital of about 2 billion VND according to the e-commerce model but failed.
- October 2004: Transforming business model, investing in retail stores of mobile devices.
- March 2006: Mobile World has a total of 4 stores in Ho Chi Minh City Ho Chi Minh.
- 2007: Successfully calling for investment capital of Mekong Capital, developing scale.
- 2009: Reaching the scale of 40 retail stores.
- 2010: Expanding business into consumer electronics with the brand Dienmay.com (later changed to Dienmayxanh.com).
- May 2013: Mobile World received investment from Robert A.Willett – former CEO of Best Buy International and CDH Electric Bee Limited.
- 2017: Conducted merger and acquisition of Tran Anh electronics retail system.
- March 2018: Acquired 40% capital of Phuc An Khang pharmaceutical chain Then changed its name to An Khang Pharmacy
- October 2018: The merger was completed, a total of 34 Tran Anh supermarkets were replaced with Dien May Xanh sign.
Main Brands
Mobile World is a leading retail company specializing in mobile devices and electronics in Vietnam The company was founded in 2004 by Mr Doan Van Hieu, and started its business by selling mobile phones.
Over the years, Mobile World has expanded its product line to include other electronic devices, home appliances, and accessories It has also acquired and developed several well- known brands such as Thegioididong, Dienmayxanh, and Bachhoaxanh.
Bach Hoa Xanh is a retail chain specialising in organic, natural products that do not contain harmful chemicals Green department store essentials typically include:
Fresh vegetables and fruits: Bach Hoa regularly has fresh vegetables and fruits grown by organic methods, without using chemicals, pesticides and chemical fertilisers.
Functional foods: Bach Hoa Xanh provides functional foods such as green tea, Ganoderma lucidum, ginseng, vitamins and minerals.
Laundry products: Bach Hoa Xanh has a variety of cleaning and cleaning products made from natural and environmentally friendly materials.
Canned foods: Bach Khoa Xanh also offers canned foods such as instant noodles, soups,
The mobile world is a very large and diverse industry that has many different essential items, depending on the market and needs of each country or region However, here are some common essentials of the world mobile industry:
Mobile phones: This is the mainstay of the world mobile industry, including smartphones and feature phones.
Tablet: Tablet is a product that is considered special, especially in the field of education and entertainment.
Headphones and speakers: Headphones and speakers are indispensable accessories when using mobile phones and tablets.
Backup battery: A backup battery is a product that saves the pin code of a mobile device without having to be connected to a power source.
Cases and cases: Leather cases and cases are accessories that help protect your mobile device from bumps and scratches.
Other sub-conditions: There are many other types of sub-conditions such as charging cables,bands, screen protectors, tempered glass and mobile apps that are also considered essential items of the world mobile industry.
An Khang pharmacy is a chain of retail stores of pharmaceuticals and healthcare products, focusing on products useful for human health Essential items of An Khang pharmacy include:
Medicines and pharmaceuticals: Drugs and pharmaceuticals include medicines, nutritional supplements, pain relievers, induction drugs, diabetes drugs and other health-related products.
Functional foods: An Khang pharmacy provides functional foods such as skin beauty pills, vitamins, digestive enzymes, probiotics and other products to help promote health.
Health care products: Includes health care products such as sunscreens, lotions, oral care products, weight loss products, immune boosting products, vitamins and medicines and pain relief.
Home care products: Includes household care products such as tissues, sanitary napkins, breast pumps, bottles and other products.
Medical equipment: An Khang pharmacy provides medical equipment products such as blood pressure monitors, blood glucose metres, thermometers and other products.
Dien May Xanh is a chain of retail stores specialising in providing electronic products, computers, household appliances, mobile phones and other technology products Essential items of green electronics include:
TV and audio: TV and audio are the best-selling products at green electronics stores This is a basic home entertainment product, used daily for watching movies, listening to music and playing games.
Mobile phones: Mobile phones are an essential item of green electronics With the development of technology, mobile phones are becoming more and more intelligent and feature-rich, and are used every day for communication, entertainment and work.
Computers: Computers are also an essential item of green electronics With the popularity of information technology, the demand for using computers is increasing, from work, study to entertainment.
Household appliances: Household appliances such as washing machines, refrigerators, air conditioners are also an essential item of green electronics These products make people's lives easier and more convenient.
Household electronics: Household electronics such as microwave ovens, hair dryers,vacuum cleaners are also considered an essential item of green machines These products make household chores simpler and more time-saving.
Main Activities, Mission And Core Value
Mobile World's main business activities include retailing and distributing mobile devices, electronic devices, home appliances, and accessories through its extensive network of over 3,000 stores and service centers across Vietnam It also operates e-commerce websites and mobile apps to facilitate online sales and delivery services.
The mission of Mobile World is to bring customers the latest technology products, high quality and best service to meet all needs of customers And provide customers with perfect service at an affordable price The company's goal is to continue to expand its retail network and provide a wider range of products and services to customers.
Mobile World cores values include:
Dedication and enthusiasm: Mobile World is committed to always being dedicated, enthusiastic and putting customers first The company always listens to customers' opinions and tries to solve all customer problems quickly and efficiently.
Quality and innovation: Mobile World always provides products of the highest quality and innovates continuously to meet customer needs in an increasingly competitive market. Professional staff: Mobile World always attaches great importance to the training and development of professional staff to ensure that customers are served the best.
Honesty and transparency: Mobile World always upholds the value of honesty and transparency in all business activities The company is committed not to sell fake, imitation or unknown origin goods.
Respect and accompany customers: Mobile World customers always respect their interests and accompany them at all times.
In short, The Gioi Di Dong is not simply a technology retail company but also a brand with the mission and core values of bringing satisfaction and trust to customers.
Position and market share of the MWG in the market
The position
Mobile World Investment Corporation (MWG) is the No.1 company in mobile and electronics retailers in Vietnam, with market shares of 45% and 35% respectively in 2021 The company currently has 2,500 stores all over Vietnam Additionally, since last 2020, MWG has expanded its business scope to groceries and FMCG retailing The company business operations can be divided into 2 main segments: (1) Mobile phones, tablets and laptops with thegioididong.com (TGDD); (2) Electronics, air conditioners, and household appliances (Consumer electronics) with Dien May Xanh (DMX) (including Tran Anh store chain); (3) Groceries and FMCGs with Bach Hoa Xanh (BHX) In addition, MWG owns BigPhone.com, a store chain retailing mobile devices on international markets with 10 stores concentrated inPhnom Penh, Cambodia.
Competitors
Facing very strong competitors The competitor in the field of retailing mobile phones and digital devices cannot fail to mention Mobile World's FPT shop In addition, there are still other competitors such as Telecommunications A, Viettel Store and other small stores that also do the same business According to recent years, the company's retail phone market share is larger than that of other companies For example, in 2015, the company accounted for 30% of the mobile phone retail market share in Vietnam, ranked second by FPT Shop with 10% of the nationwide market share, Viettel Store and Vien Thong A also followed closely at 9% The rest are retail stores with 42%.
2.2.1 About the phone segment: FPT SHOP VS MWG
MWG and FPT Shop are considered the two biggest names in Vietnam in the field of retailing phones and electronics In terms of scale, MWG is more dominant But, FPT Shop is showing that they have an advantage in IT and behind is the support of FPT Corporation, the leader of the ICT market from research, software, education
The retail system of FPT Shop is a retail chain of mobile digital products including mobile phones, tablets, laptops, accessories and technology services While, the items of the MWG chain are similar They are considered the mobile device retail chain with the number one market share in Vietnam.
Recently, the competition has increased even more in the pieces that are considered the
"private domain" of these two "giants" In the middle of the year, FPT Shop entered the household appliances and smart electronics segment with the support of Xiaomi to distribute the entire Mi Eco ecosystem This is the field that is considered as the "home ground" ofMWG with the Dien May Xanh store chain.
2.2.2 Food and consumer goods: WinMart VS BHX
WCM's revenue is currently 1.2 times that of Bach Hoa Xanh, however due to the variety of products (dry, fresh, frozen ) it is impossible to evaluate this number based on customer size because each party is different .
WCM's revenue is currently 1.2 times higher than that of Bach Hoa Xanh, but this number cannot be assessed on the size of the customer base due to the product structure in the stores (dry goods, fresh goods, frozen goods, ) of each party is different.
For example, Bach Hoa Xanh has a higher proportion of fresh products, while WCM has an advantage with more exclusive products.
Currently, VinMart and VinMart chains have about 3,000 stores Meanwhile, Bach Hoa Xanh chain has about 1,600 stores and orders.
Competition from switching costs in using products is not high and customers tend to replace popular products with high-quality product lines due to the increasing economic growth rate Therefore, the variation between product lines is quite large The correlation between price and quality of substitutes is high because of the need for improvement of technological development Therefore, the intensity of competition in the industry is quite high.
Corporate Organization And Shareholders Structure
Coporatin Organization
Organization structure: Mobile World Joint Stock Company has an organizational structure in the form of a corporation with many subsidiaries and branches Subsidiaries are geographically divided and specialize in different areas, such as VinPro, the company's electronics supermarket chain.
Centralized management: Mobile World Joint Stock Company has a centralized management model in which all major decisions are made from the head office This helps the company to have flexibility and synchronization in business activities.
Advantages of the organizational structure of Mobile World Joint Stock Company:
Flexible and responsive: The company's corporate structure allows its subsidiaries and affiliates to operate independently, and to interact and support each other when needed This gives the company the ability to respond quickly and flexibly to market changes.
Efficient management: The centralized management model helps the company to make big decisions quickly and efficiently, and helps to ensure the synchronization in the company's business activities.
Wide sales network: The company has a nationwide sales network, helping to ensure access to customers all over the country This increases the company's product reach and marketing rates.
Customer focus: The company focuses on providing the best products and services to customers, helping to create long-term relationships with customers and increase sales.
Investment in human resources: The company invests heavily in employee training and development, helping to create a professional and dynamic staff, and helping to retain good employees.
Some disadvantages of the organizational structure of Mobile World Joint Stock Company are:
Unclear division of power: Due to many subsidiaries and branches, the division of power and responsibility between departments in the company is unclear, causing difficulties in management and slowing down the decision-making process.
Lack of synchronization between subsidiaries: Subsidiaries of the company can develop independently without having to follow the common process, resulting in asynchronous operation of the company.
Requires administrative costs: Because there are many subsidiaries and branches, the company has to spend a lot of money to manage and maintain the operation of these divisions.
Difficulty in managing product quality: Because subsidiaries and branches have independence in business activities, it is difficult for the company to ensure consistent product and service quality across the company.
Reputational Risk: If one of the subsidiaries or affiliates has a problem related to the law or product quality, this can affect the reputation and reputation of the whole company.
Shareholders Structure
Mobile World JSC is a leading Vietnamese retailer of mobile phones, consumer electronics, and household appliances The company is publicly traded on the Ho Chi Minh City Stock Exchange (HOSE) under the ticker symbol MWG.
As of 2021 Mobile World JSC has a total of 713.065.495 outstanding shares with the number of shareholders is 20,628 (Financial statement, 2021) The company's shareholders are divided into two categories: domestic shareholders and foreign shareholders.
As of 2021, domestic shareholders own the majority of shares of Mobile World Joint StockCompany The largest shareholder in the country is the family of Mr Nguyen Duc Tai,owning 97,361,997 shares, equivalent to the rate of 13,654% Nguyen Duc Tai is also the the investment management arm of Norway's central bank, and Fidelity is a global asset management firm based in the United States.
Some disadvantages of the shareholder structure of Mobile World Joint Stock Company (MWG) include:
Centralization of power: The company has a large group of shareholders owning a majority share, leading to excessive concentration of power in the hands of a few shareholders Some shareholders hold the majority of shares of the mobile world joint stock company such as: Arisaig Asia Fund Ltd holds a number of shares of 103,750,588 equivalent to a rate of 7.09%, Nguyen Duc Tai Chairman The Board of Directors holds 35,129,892 shares, equivalent to 2.40%, Tran Huy Investment Consulting Co., Ltd holds 32,269,518 shares, equivalent to 2.20%.
Lack of Diversification of Shareholders: Due to the small number of shareholders, MWG lacks diversification of shareholders and is easily influenced by the decisions of a few large shareholders.
Risks related to major shareholders: If some major shareholders decide to sell shares or withdraw capital suddenly, it will cause negative impacts on the stock price and stability of the company.
Difficulty in attracting investment: Due to concentration of power and lack of diversification of shareholders, MWG may find it difficult to attract investment from other investors.
Some advantages of the shareholder structure of Mobile World Joint Stock Company (MWG) include:
Concentration of power: A large group of shareholders owning a majority share can help MWG make decisions more quickly and efficiently Besides, power of major shareholders: Major shareholders can have great influence over company policy and operations, and can provide opinions and participate in corporate governance.
Increase in share value: If major shareholders share the same long-term goals as MWG, they can positively impact the company's share price, increasing value for other shareholders.
Easy to manage: Due to the small number of shareholders, MWG can easily manage and make important decisions.
Increased transparency: Since only a large group of shareholders make major decisions, the company can increase transparency in decision making and public financial information, to ensure transparency and trustworthiness company with investors.
Strategic Planning
- Define strategic business activities (SBU):
1/ System of mobile retail supermarkets - digital devices.
2/ Electronic electronics retail supermarket system.
- Strategic vision: Mobile World is the leading and most innovative retail group in Vietnam that always gives customers an enjoyable and friendly experience and is a testament to our Integrity wherever we go presence that makes a difference for Vietnam.
- Strategic goals of the business in the next 3 to 5 years:
+ Listing shares on the stock exchange.
+ Continue to expand supermarket chains in big cities and test presence in remote areas and small towns with up to 700 to 1000 stores and supermarkets.
+ invest and promote development in many business items in the retail sector such as electronics, laptops, not only mobile phones.
- Status of business activities: According to market research firm GFK, Vietnam's electronics and electronics market has seen a growth rate of more than 22% in the entire market It is one of the two leading enterprises in the market for many years Mobile World Investment Joint Stock Company (MWG) improved its tax position when recording a growth of 29% in revenue, reaching approximately VND 9,500 billion.
- During the year, Mobile World took seven major actions, some of the achievements that Mobile World has achieved in the past 10 years:
+ Top 500 retailers of copper goods in Asia-Pacific
+ Top 5 fastest growing sellers in Asia-Pacific
+ Top 500 Fast Vietnam 2010 (Thegioididong.com is in the top 4)
+ Most trusted retailer for 4 consecutive years (VietNam Mobile Awards)
- Evaluate: The company's strategic vision creates fundamental value for the development of
1 Analysis of Income Statement VND VND
8 Analysis of Financial Position VND VND
Analysis of Statement of Cash
Analyze In Detail The Changing Of Financial Statements
Income statement
According to the financial statement, the revenue from sales and service provider of the mobile world company in 2021 is 122,958,106,103,174, while in 2020 that number is only 108,546,019,665,412, an increase of 13%, equivalent to VND 14,412,086,437,762 compared to 2020 Thereby, it shows that within 1 year, the company has made progress, proving that the company's sales have increased significantly.
In addition, the total operating cost for 2021 is 21,737,563,377,110, an increase of 16% compared to 2020 The reason for this may be due to the new company's size as well as its customer base That also partly reflects the development of the company in recent years.
Although there is an increase in operating costs, it is not significant Meanwhile, the increase in revenue is huge That shows that the company's profit in the past year has increased significantly Proof of that is shown in the profit after tax in 2021 of VND4,901,426,673,890, up 25% compared to 2020.
Balance sheet
The company's total assets in 2021 are 62,971,404,814,942 VND indicates that the company's total assets grew significantly in 2021 compared to the previous year while the company's total assets in 2020 are 46,030.879,952,454VND It is worth noting that the difference between the two numbers, which amounts to 16,940,524,862,488 VND, indicates the amount of growth in the company's total assets over the period This information might be relevant to the company's stakeholders, such as investors, creditors, and management, who can use it to assess the company's financial health and performance.
Besides, The company's total current liabilities in 2021 are 42,593,158,815,096 VND, a 45% increase from 2020, indicating that the company's total current liabilities grew significantly in
2021 compared to the previous year.
The increase in current liabilities may indicate that the company is facing increased short- term financial obligations, such as accounts payable or short-term loans, which require it to allocate more cash to meet its financial obligations It's worth noting that current liabilities are due within one year and are considered a measure of the company's short-term financial health.
Non-current liabilities are long-term debts and financial obligations that are due beyond one year Therefore, the company did not have any non-current liabilities in 2021, which may be considered a positive sign for investors and creditors.
The company's total owner capital in 2021 is 20,378,245,999,846 VND while the company's total owner capital in 2020 is 15,481,689,846,432 VND.
The increase in owner capital may have been due to various reasons such as the injection of additional capital by the owners, the retention of profits that were not distributed as dividends, or an increase in the value of the assets owned by the company.
Statement of cash flow
The operating cash flow of the company in 2021 was 171,390,435,922 VND The operating cash flow of the company in 2020 was 10,792,429,218,774 VND Given these numbers, it appears that the company experienced a significant decrease in operating cash flow from 2020 to 2021 This could be an indicator that the company's financial performance has worsened over the year, and may merit further investigation into the reasons for the decrease It is important to note, however, that without additional information about the company's financial situation, it is difficult to draw any definitive conclusions. b/ Investing Cash Flow
Looking at the investing cash flow for 2021 of -11,254,869,604,436 VND and comparing it to the investing cash flow for 2020 of -8,574,260,892,627 VND, we can see that there has been an increase in the investing cash outflow for 2021 compared to 2020.
A negative investing cash flow means that the company is spending more on investing activities like purchasing property, plant, and equipment or acquiring other businesses than it is receiving from those activities The increase in the investing cash outflow may signify that the company has invested in significant long-term assets or business acquisitions in 2021 than it did in 2020. c/ Financing Cash Flow
In 2020, the company generated a financing cash flow of 2,014,415,380,732 VND, while in
2021, the financing cash flow increased to 7,877,490,879,150 VND a 290% increase from
2020 This increase in financing cash flow could indicate that the company has raised more funds from its financing activities, which could be in the form of issuing bonds, taking on loans, or issuing new shares.
A significant increase in financing cash flow could signify that the company is increasing its leverage by borrowing more funds to finance its operations or expansion activities. Alternatively, the company could use the financing cash flow to pay off its outstanding debts or to pay dividends to its shareholders.
The Activity Brings The Largest Revenue And Profit
By industry, mobile is a key growth driver, benefiting from the need to study and work from home during the pandemic Laptop sales are up 58% year over year, tablets and phones are up 40% and 17% respectively.
Mobile World Investment Joint Stock Company (MWG) has just announced its business results for the fourth quarter and the whole year of 2021 Accordingly, MWG's revenue and profit in the last 3 months of the year reached a record level since its operation up to now with revenue increased by 33% and profit after tax increased by 66% over the same period.
For the whole year, the consolidated net revenue of this business reached nearly 123,000 billion VND, equivalent to about 5 billion USD, up 13% compared to 2020 and reaching 98% of the plan In which, online revenue reached VND 14,370 billion, up 53% Profit after tax for the whole year reached more than VND 4,900 billion, up 25% and exceeding 3% of the plan.
In recent years, Mobile World has also expanded into other areas such as home appliances, fashion and beauty products While these may contribute to the company's overall revenue and profit, it is likely that sales of mobile phones and laptops remain the main revenue drivers.
It is important to note that the exact revenue and profit generated by different activities within the company will depend on various factors such as product mix, pricing strategy,marketing efforts, etc , etc and operational efficiency.
Comment to the effectiveness of the company in 2021
The highest revenue and profit in 2021 in the history of operation, helping Mobile World to complete the full year plan.
For the whole year, the consolidated net revenue of this business reached nearly 123,000 billion VND, equivalent to about 5 billion USD, up 13% compared to 2020 and reaching 98% of the plan In which, online revenue reached VND 14,370 billion, up 53% Profit after tax for the whole year reached more than VND 4,900 billion, up 25% and exceeding 3% of the plan. According to MWG, both Thegioididong and Dien May Xanh chains had high growth in the fourth quarter, helping the whole year to grow positively, despite the heavy impact in the third quarter when nearly 2,000 stores had to temporarily close or limit sales.
By industry, mobile is a key growth driver, benefiting from the need to study and work from home during the pandemic Laptop sales are up 58% year over year, tablets and phones are up 40% and 17% respectively.The financial position is maintained well because theCompany has prepared contingency resources in advance as well as has an effective financial plan to help the Company always have cash to ensure the Company's ability to pay.
Recommendations For The Accounting Department Of The Company
Implement an efficient accounting system: Mobile World JSC should have a well-designed accounting system that helps it to keep track of its financial transactions, including sales, purchases, and expenses The system should be able to generate accurate and timely financial reports, such as balance sheets, income statements, and cash flow statements.
Enhance internal controls: Internal controls are important to ensure that financial transactions are accurate and properly recorded MWG should have a system of checks and balances in place, including procedures for authorizing, recording, and reconciling financial transactions.
Improve cash flow management: Managing cash flow is essential for any business, including MWG The company should have a good understanding of its cash inflows and outflows and should take steps to manage its cash effectively This could include negotiating better payment terms with suppliers, managing inventory levels, and closely monitoring accounts receivable and payable.
Stay compliant with tax laws and regulations: Tax compliance is an essential aspect of accounting, and MWG should ensure that it complies with all applicable tax laws and regulations This could include filing accurate tax returns on time, paying taxes promptly, and maintaining proper records.
Invest in training and development: MWG should invest in the training and development of its accounting staff to ensure that they are knowledgeable and up-to-date on the latest accounting practices and regulations This could include providing continuing education opportunities, attending industry conferences, and networking with other accounting professionals.
In conclusion, the data and analysis presented in this essay suggest that the Mobile World JSC has had a challenging business performance in 2021 While the company has shown impressive revenue growth and profitability, there are also indications of potential challenges and risks, such as increasing debt and a decrease in operating cash flow.
Additionally, the COVID-19 pandemic has continued to affect the company's operations, with both positive and negative effects on different parts of the business The closure of retail stores due to the pandemic has had a significant impact on the company's sales, while the shift towards online sales has helped to mitigate this impact.
In our opinion, the company should pay more attention to strategy testing and evaluation, strategy evaluation should be done regularly with more specific time frames The company needs to have a specific plan for the evaluation of functional strategies so that it can be adjusted in accordance with the set standards, so it is clear and suitable for each specific strategy More market research studies receive feedback from customers for more accurate measurement and comparison of results with standards Build adjusted models that focus on changes in a company's strengths and weaknesses in terms of Finance Management In addition, models must show how strategy responds effectively to opportunities What is the typical challenge, Make changes in HR policy, customer care, accordingly.
Overall, the Mobile World JSC operates in a highly competitive and rapidly changing industry The company's success in the coming years will depend on its ability to adapt to evolving market conditions and customer preferences, while also managing its financial resources in a sustainable way With its strong brand reputation and diverse product offerings,the Mobile World JSC appears to be poised to continue to grow and succeed in the long run.However, it will be important for the company to closely monitor potential risks and adjust its strategies accordingly to ensure continued success.
John J Wild, Ken W Shaw, Barbara Chiappetta, 2014 Fundamentals Accounting Principles 22nd edition.Mc Graw Hill Education.
KieuLe 2004 Giới Thiệu Tổng quan về doanh nghiệp.Academia https://www.academia.edu/33372177/Xemtailieu_chien_luoc_kinh_doanh_cong_ty_co_pha n_the_gioi_di_dong
Mobile World Investment Corporation 2020.Mirae Asset https://data.masvn.com/vi/Com_Document_Detail/2/2020/MWG/#tabselect https://mwg.vn/thong-tin-co-phieu
BÁO CÁO THƯỜNG NIÊN Công Ty Cổ Phần Đầu Tư Thế Giới Di Động 2021 2021.MWG. https://mwg.vn/uploads/2022/4/mwg_bao-cao-phat-trien-ben-vung-2.pdf https://finance.vietstock.vn/MWG-ctcp-dau-tu-the-gioi-di-dong.htm https://mwg.vn
MinhSon 2022 Thế Giới Di Động thu 5 tỷ USD trong năm 2021.VnExpress https://vnexpress.net/the-gioi-di-dong-thu-5-ty-usd-trong-nam-2021-4422183.html
Báo cáo tài chính hợp nhất Công Ty Cổ Phần Đầu Tư Thế Giới Di Động 2021 2021.Static2. https://static2.vietstock.vn/data/HOSE/2021/BCTC/VN/NAM/MWG_Baocaotaichinh_2021_ Kiemtoan_Hopnhat.pdf
Báo cáo tài chính hợp nhất Công Ty Cổ Phần Đầu Tư Thế Giới Di Động 2020 2020.Static2.https://static2.vietstock.vn/data/HOSE/2020/BCTC/VN/NAM/MWG_Baocaotaichinh_2020_Kiemtoan_Hopnhat.pdf
Tài sản trung bình=(tài sản đầu kỳ+tài sản cuối kỳ)/2=(62,971,404,804,942+46,030,879,952,454)/2
RATIO CASH AND CASH EQUIVALENTS + SHORT TERM INVESTMENTS + CURRENT RECEIVABLES
RATIO NET SALES - COST OF GOODS SOLD
TURNOVER COST OF GOODS SOLD
Tồn kho bình quân = ( tồn kho đầu kỳ+tồn kho cuối kỳ)/2=(29,167,232,293,922+19,422,177,452,674)/2
Tài sản trung bình=(tài sản đầu kỳ+tài sản cuối kì)/2=(62,971,404,804,942+46,030,879,952,454)/2
Tài sản trung bình=(tài sản đầu kỳ+tài sản cuối kỳ)/2=(46,030,879,952,454+41,708,095,544,883)/2
RATIO CASH AND CASH EQUIVALENTS + SHORT TERM INVESTMENTS + CURRENT RECEIVABLES
RATIO NET SALES - COST OF GOODS SOLD
TURNOVER COST OF GOODS SOLD
Tồn kho bình quân = ( tồn kho đầu kỳ+tồn kho cuối kỳ)/2=(19,422,177,452,674+25,745,428,436,580)/2
Tài sản trung bình=(tài sản đầu kỳ+tài sản cuối kỳ)/2=(46,030,879,952,454+41,708,095,544,883)/2