Financial planning an policy knt green cup

L COMPANY INTRODUCTION An Phat Bioplastics Joint Stock Company An Phat Bioplastics is Southeast Asia’s No.. Along with the development of the traditional business of thin monolayer film,

TON DUC THANG UNIVERSITY FACULTY OF FINANCE AND BANKING

BAI HOC TON BUC THANG

TON DUC THANG LINIVERSITY

FINANCIAL PLANNING AN POLICY

1 CONTENTS

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1.5 SWOT Annallysis 43 .ằ 13

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3.1 Types of Risks 0 na 22

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L COMPANY INTRODUCTION

An Phat Bioplastics Joint Stock Company (An Phat Bioplastics) is Southeast Asia’s

No 1 enterprise in the field of manufacturing and exporting high quality thin monolayer film An Phat Bioplastics is currently a public company, listed on HoSE stock exchange (Ho Chi Minh Stock Exchange) with AAA as ticker

The company was founded in September 2002, is a key member and the pioneer of An Phat Holdings With nearly 20 years of experience, An Phat Bioplastics has been attracting a large number of domestic and international customers, establishing strategic business relationships with customers in more than 50 countries around the world

Along with the development of the traditional business of thin monolayer film, in recent years, An Phat Bioplastics has shifted its strategic goals to diversified its products and focusing on developing AnBio compostable compound and AnEco compostable products, such as bags, knives, spoons, forks, straws, gloves , meeting the green consumption trend in Vietnam and over the world

Currently, An Phat Bioplastics' products are much more diversified, as the companyexpands its research, development and production line of fully biodegradable and environmentally friendly products

L1 History of formation and development

September 2002 Anh Hai Duy Company Limited (the precursor

of An Phat Bioplastics) was established

April 2004 Anh Hai Duy started to expand his business and put the first thin monolayer film factory into operation, in Nam Sach Industrial Park, Hai Duong Province

June 2005

The company started to build a second factory with an area of 19,967 m2 in

An Dong Industrial Cluster, Nam Sach

District, Hai Duong Province

March 2007

Anh Hai Duy Company Limited changed its name to AnPhat Plastic and Packing Joint Stock Company

September 2009 The company built another factory

No 3, with an area of 20,064 m2 November 2009 The company changed its name to An Phat Plastic and Green

Environment Joint Stock Company This event marked a dramatic

change in a new stage of development, pursuing the goal of

“Green production, sustainability, environmental protection”

July 2010

An Phat Plastic and Green Environment Joint Stock Company was Officially listed on Hanoi Stock Exchange with a ticker of AAA

L2 Business Line

- Producing plastic products (PP, PE);

- Printing and printing services for advertising on packages;

- Construction of other civil engineering works;

- Agent for buying, selling and consigning goods;

- Non-hazardous waste collection;

- Treat and destroy non-hazardous waste;

- Pollution treatment and other waste management activities;

- Producing machinery and equipment for the plastic industry;

- Purchase and sale of garments;

- Buying and selling machinery, equipment and spare parts, transferring plastic industry technology;

- Installation of other building systems;

- Buying and selling plastic materials, raw materials, plastic bags of all kinds;

- Commercial trust

1.3 Introducing projects and products

AnEco 100% compostable products of An Phat Bioplastics are environmentally friendly, meeting international standards Furthermore, agricultural film products, fishing nets from 100% compostable materials have also been researched and successfully produced, bringing green solutions to the agriculture and fishery sector

The company now has a strong position in business operations, establishing good business relationships with more than 50 countries

L4 Business result in recent years

1.4.1 Balance sheet

4,496,050, | 52.47 | 5,354,610, | 53.50 | 858,559,68 | 858,559,68 | 19.10

963,717,12 | 11.25 | 1,988,170, | 19.86 | 1,024,453, | 1,024,453, | 106.30 2,052 %| 740,182 %| 618,130 | 618.130 % 758,600,00 | 8.85| 436,156,00 | 4.36 | 322,444,00 | 322,444,00] 42.51

1,669,170, | 19.48 | 1,795,468, | 17.94 | 126,298,23 | 126,298,23 204,812 %| 441,466 % 6,654 6,654 | 7.57% 946,809,37 | 11.05 | 997,384,83 | 9.96 | 50,575,455 | 50,575,455

In the Balance Sheet,Current Assets category saw a slight growth of 858,559,681,236 VND from 4,496,050,828,524 to 5,354,610,509,760 equivalent to 19% The

explanation for the increasing index of Current Assets 1s portfolio Cash and cash equivalents in 2021 increased sharply by 106% compared to 2020 The proportion of 20% increase in Current assets In the year 2021 listReceivables decreased slightly by 7% compared to 2020 equivalent to 126,298,236,654 VND, although this decrease was not significant, but this portfolio used up 17% of the proportion of short-term assets

In summary, Total Assets in 2021 will increase by 16.84% compared to 2020 or VND 1,440,112,234,383 according to the natural growth momentum

4,545,451,942,40 | 4,555,144,898,241 0.21%

7 4,023,962,458,50

In the portfolio of Liabilities and Capital 2021 and 2020 there is no significant change, which proves the safety in short-term and long-term debt Equity has increased by 35.5% in 2021, equivalent to VND 1,430,419,278,549 shows that the business is doing effectively, the business activities are profitable The addition of capital contribution and increase of owner's equity helps enterprises to expand their scale which means that it is still safe for shareholders

over the same period last year, equivalent to VND 5,715,760,270,417 Profit after tax

of parent company recorded an increase of 10.68% over the previous year, equivalent

to VND 28,000,193,560 The numbers show that company has achieved the set plan in business compared to 2020 and recovered strongly after the Covid-19 epidemic The company's main business in 2021 is buying and selling machinery, equipment, supplies, and production materials packaging plastic products

Gross profit from sales and service provision increased significantly by 67.5% compared to 2020 equivalent to VND 524,440,162,098 2021 was a successful business year with outstandingly increasing indicators and indicators Those impressive numbers come from improving profits, between exporting packaging and implementing a selling price policy towards foreign customers Benefits of Minority Shareholders still maintained a strong growth rate of 61% over the same period last year, creating more trust and benefits compared to investors, reflecting the company's main principles or benefits

In summary, all indexes have increased significantly, the company's plans are all good signals for the company to expand its business But the company should come up with new plans to sustain growth in the coming years and optimize costs

1.5 SWOT Analysis

Experience and reputation 1m the

industry: An Phat has 16 years of

experience in exporting around the

world with products that meet the

standards of the most demanding

markets such as Japan, Europe,

Network of customers and partners An

Phat's loyal cooperation is widely

developed from nearly 100 countries

and regions around the world

The company has a _ convenient

location in the middle of the economic

triangle: Hanoi - Hai Phong - Quang

Ninh

Leading production scale in the region:

An Phat owns a system of 07 thin film

packaging factories with a total

designed capacity of 96,000 tons/year,

the largest in Southeast Asia

Oppoturnities

Green consumption trend is spreading

strongly: Green consumption is now

considered the consumption trend of

the century when the environment

becomes a major concern of many

countries around the world State

policies prioritize the development of

the plastic industry, especially

recycling waste plastic

Limited experience in the domestic market Impaired solvency may make it difficult for businesses to access bank capital The risk management and control system 1s under construction and completion

Threaten Competitive business environment: The plastic packaging industry is under a lot of competitive pressure, especially in price

among manufacturers

Material price fluctuations: Unpredictable oil price movements pose challenges It is not a small way for businesses to maintain

a stable profit margin

II APPRAISAL OF INVESTMENT PROJECTS

2.1 Project simulation, project introduction

Nowadays, everyone is concerned about convenience and product quality, along with the growing trend of environmental protection, consumers tend to buy products that are high-quality cups durable and materials that are easily renewable and biodegradable It is for that reason that manufacturers offer products that are good for the environment and meet the needs of customers Plastic cups are such a product, but because they are made from ordinary plastic, the decomposition rate is often very long

'KNT Green Cup" is a plastic cup product that An Phat Bioplastics., JSC is expected to launch a new product this is a product that focuses on protecting the environment and raising the bar for plastic cups, made from coffee grounds and reusable materials The ingredients used are Coffee Bio — Composite, the main raw material for the production of most products made from coffee grounds

Using injection molding technology application to create products

First, the raw material is Coffee Bio-Composite plastic beads will be put into the material hopper, then at an appropriate temperature, these plastic particles will automatically melt

CO After the plastic granules are melted, the material will be injected into the mold in closed form with great pressure

L1 Before that, the finished mold will be cooled and in contact with the molten material After the force is exposed to two different temperatures, the finished product will gradually turn to a solid

LO Finally open the mold to get the finished product

“KNT Green Cup” is An Phat Bioplastics., JSC with the purpose of bringing quality and unique products to serve the needs of users, but still keeping the "Green" color of the earth

“KNT Green Cup” is made entirely from 100% coffee bio-plastic, which contains more than 60% natural coffee grounds Therefore, coffee bio-plastic cups have optimal biodegradability, specifically, after the product is burned or buried, under the influence of bacteria, they will decompose into CO2, H20, CH4 and biomass have

the ability to help plant growth and development, do not degrade microplastics, and are environmentally friendly

Possessing 2 parts including the body and the removable lid, users can drink directly through the opening right on the lid, or can use a straw or remove the lid to drink like other glasses With a capacity of 340ml, suitable for storing all the most delicious drinks and convenient to take anywhere

In addition, the outstanding bio-plastic coffee cup also has good heat retention ability to help your drink keep its taste for a longer time, comfortable to use both in the microwave or in the dishwasher With the application of a unique engraved design on the side of the cup, along with a power-operated handle, it feels comfortable to use 2.2, Project Appraisal

The production lines

The production line of the manufacture of a cup is supervised by a high -quality guarantee Moreover, our company almost uses the machine we have in the factory and laboratory Therefore, we only need to invest in some necessary equipment in production, such as “Extrusion machine”, “Automatic Horizontal Carton Boxing Machine” and a truck

a lot of coffee grounds were released outside the environment, there was an invention made from coffee beans and other plastic materials It is coffee grain

The company saw that potential from the needs of everyone as well as the environmental protection trend We decided to produce cups made from coffee plastic seeds,

2.2.1.3.Revenue Forecast

Currently, we estimate that one box of 300 cups priced at 3,000,000VND and will keep this price for the whole 5 years of this project According to the average growth of sales from 2017 to 2021 of An Phat Bioplastics., JSC, we calculated in sheet

“NPV” that it took 35.66%, so we will estimate unit sales will grow 35.66% each year

in 4 years In the end, the expected revenues for the total 5 years are about

In this project, we estimate fixed cost and variable costs as follows:

In terms of fixed costs, we evaluate initial year we will spend 798,000,000 VND for 5 direct employees, | delivery labor and | packing labor We spend

444,000,000VND for 3 office staff and | management department Final we spend 1,152,000,000VND for 4 sales staff, shipping cost, advertising costs and costs of promotion, product introduction and customer support Others expenses is

240,000,000VND Then after each year, the fixed cost will change follows the table of sheet “FC &VC”

Unit: VND Quantity Expense Unit Total Expense