Financial statements analysis FM 15 11

GROUP CONTENT 011 02 INTRODUCE ABOUT THE HOA SEN GROUP 021 ANALYSIS OF FINANCIAL STATEMENTS Balance Sheet Analysis Analysis Income Statement Analysis Cash Flow Statement Analysis Financial Ratio Analysis Profitability Analysis Indicators 03 Analysis price 031 COMMENTS AND RECOMMENDATIONS INTRODUCE ABOUT THE HOA SEN GROUP ANALYSIS OF SMALL FINANCIAL STATEMENTS 2.1 Balance Sheet Analysis ASSETS AND CAPITAL SOURCES SHORT-TERM ASSETS Cash and cash equivalents Short-term financial assets Short-term receivables Inventory Other current assets LONG-TERM ASSETS Long-term receivables Fixed assets Long-term unfinished assets Long-term financial investment Other long-term assets TOTAL ASSETS LIABILITIES MUST PAY Short-term debt Long-term liabilities EQUITY Owner's contributed capital Surplus equity Treasury shares Other funds under equity Undistributed after-tax profit Non-controlling shareholder interests TOTAL CAPITAL SOURCES Accounting balance sheet Unit: Billion Dong Quarter 1/2020 Quarter 2/2020 Quarter 3/2020 Quarter 4/2020 Quarter 1/2021 Quarter 2/2021 7,099 432 76 1,318 4,271 1,002 9,626 232 8,334 649 22 389 16,725 11,082 8,325 2,758 5,643 4,235 152 (2) 58 1,193 16,725 7,653 380 1,316 4,994 962 9,330 219 8,041 662 22 386 16,983 11,143 8,581 2,562 5,840 4,235 152 (3) 54 1,395 16,983 7,392 390 1,497 4,598 906 9,044 210 7,887 543 22 382 16,436 10,286 7,931 2,354 6,151 4,446 152 (3) 47 1,502 16,436 9,025 575 2,024 5,526 899 8,737 185 7,595 576 26 355 17,762 11,173 8,999 2,174 6,589 4,446 152 (3) 36 1,952 17,762 8,878 491 2,795 4,775 811 8,473 176 7,380 564 21 332 17,351 10,266 8,273 1,993 7,085 4,446 152 (3) 44 2,440 17,351 13,733 715 2,988 9,002 1,020 8,236 168 7,150 553 21 343 21,969 13,888 12,084 1,804 8,081 4,446 152 (3) 30 3,435 21 21,969 (https://vietstock.vn) ANALYSIS OF SMALL FINANCIAL STATEMENTS 2.1.1 Analysis of asset movements Horizontal asset movement table Quarter (2021) and Quarter (2020) ASSET Quarter (2021) and Quarter (2020) Quarter (2021) and Quarter (2020) Quarter (2021) and Quarter (2020) Quarter (2021) and Quarter (2020) Difference % Difference % Difference % Difference % Difference % 6,634 93.5 6,080 79.5 6,341 85.8 4,708 52.2 4,856 54.7 283 65.6 335 88.2 324 83.1 140 24.4 224 45.7 (67.748) -88.8 571.6 1,033.6 1,547 54.1 Short-term receivables 1,670 126.7 1,672 127.1 1,491 99.6 964 47.6 193 6.9 Inventory 4,730 110.8 4,007 80.2 4,404 95.8 3,475 62.9 4,226 88.5 18 1.8 58 6.0 114 12.6 121 13.4 209 25.7 (1,390) -14.4 (1,093) -11.7 (808) (8.9) (501) (5.7) (237) (2.8) Long-term receivables (64) -27.5 (51) -23.1 (42) (19.8) (17) (9.0) (7) (4.1) Fixed assets Long-term unfinished assets Long-term financial investment Other long-term assets TOTAL ASSETS (1,183) -14.2 (890) -11.1 (736) (9.3) (326) (4.5) (118) (1.7) (97) -14.9 (109) -16.5 10 1.8 (5) (18.9) 0 (0.528) -2.4 (0.528) -2.4 (0.528) (2.4) (12) (3.3) 11 3.4 (46) 5,244 -11.8 31.4 (43) 4,987 -11.1 29.4 (39) 5,533 (10.2) 65.00 27 140 33.0 24.4 27 224 32.7 45.7 SHORT-TERM ASSETS Cash and equivalents cash Short-term financial assets Other current assets LONG-TERM ASSETS 2.1.1 Analysis of asset movements Horizontal analysis Asset volatility 25,000 21,969 Billion Dong 20,000 16,725 16,983 17,762 17,351 Quý 4/2020 Quý 1/2021 16,436 15,000 10,000 5,000 Quý 1/2020 Quý 2/2020 Quý 3/2020 Quý 2/2021 Asset volatility in the second quarter of 2021 has increased sharply compared to the third quarter of 2020 has increased by 5533 billion, an increase of about 33.66% compared to the fourth quarter of 2020 In addition, the second quarter of 2021 increased by 4986 billion, about 29.36% compared with the same period last year The reason for the outstanding economic growth is that HSG has boosted production and export business at factories across the country Short- tem asset volatility 16,000 13,733 14,000 Billion Dong 12,000 10,000 8,000 7,099 7,653 7,392 Quý 2/2020 Quý 3/2020 9,025 8,878 Quý 4/2020 Quý 1/2021 6,000 4,000 2,000 Quý 1/2020 Quý 2/2021 By the second quarter of 2021, short-term assets have increased dramatically, more specifically, in the second quarter of 2021, it has increased by about VND 6635 billion, which means that the second quarter of 2021 has increased to 93.55% com pared to the first quarter of 2020 Compared to the same period last year, the second quarter of 2021 has increased by VND 6080 billion, an increase of about 79.45% compared to the same period last year, the second quarter of 2020 This is mainly due to the significant increase in cash and cash equivalents Moverments of cash and cash equivalents 800 715 700 Billions Dong 600 575 491 500 432 400 380 390 Quý 2/2020 Quý 3/2020 300 200 100 Quý 1/2020 Quý 4/2020 Quý 1/2021 Quý 2/2021 Cash and cash equivalents fluctuated slightly, not too strongly from the first quarter of 2020 to the first quarter of 2021 But by the second quarter of 2021, there was a strong fluctuation, more specifically, cash and cash equivalents increased to nearly VND 335 billion, accounting for 88.16% compared to the second quarter of 2020 because the company sent a quite a large amount of money into the bank right at the time of the 2nd quarter of 2021 Billion Dong Movements of short-term receivables 3,500 2,988 3,000 2,795 2,500 2,024 2,000 1,500 1,318 1,497 1,316 1,000 500 Quý 1/2020 Quý 2/2020 Quý 3/2020 Quý 4/2020 Quý 1/2021 Quý 2/2021 Short-term revenues tend to increase between quarters But it is worth mentioning that it is the second quarter of 2021 because it has increased by a fairly large amount, increasing to nearly 1672 billion dong, accounting for 127.05 percent compared to the second quarter of 2020 The reason is due to the outstanding increase of shortterm receivables from customers in parallel with the provision for short-term bad debts ...CONTENT 011 02 INTRODUCE ABOUT THE HOA SEN GROUP 021 ANALYSIS OF FINANCIAL STATEMENTS Balance Sheet Analysis Analysis Income Statement Analysis Cash Flow Statement Analysis Financial Ratio Analysis. .. Profitability Analysis Indicators 03 Analysis price 031 COMMENTS AND RECOMMENDATIONS INTRODUCE ABOUT THE HOA SEN GROUP ANALYSIS OF SMALL FINANCIAL STATEMENTS 2.1 Balance Sheet Analysis ASSETS... 4,446 152 (3) 44 2,440 17,351 13,733 715 2,988 9,002 1,020 8,236 168 7 ,150 553 21 343 21,969 13,888 12,084 1,804 8,081 4,446 152 (3) 30 3,435 21 21,969 (https://vietstock.vn) ANALYSIS OF SMALL FINANCIAL