...Analysis of Ceramic Industry In Bangladesh Abstract This report applies performance evaluation of ceramic industry of Bangladesh and to test its financial soundness. The main aim is achieved through ratio analysis of the four selected ceramic companies in Bangladesh (Fu Wang, Shinepukur, Standard, Monno). Measurement of financial performance by ratio analysis helps identify organizational strengths and weaknesses by detecting financial anomalies and focusing attention on issues of organizational importance. The financial performance of this industry is measured in terms of profitability, solvency, efficiency and liquidity analysis and to test the financial soundness. The study covers the four ceramic companies listed on Dhaka Stock Exchange. The study has been undertaken for the period of five years from 2006-7 to 2010-2011 and the necessary data has been obtained from the audited annual report of the selected companies. The liquidity position was very weak in all the cases of the selected companies and thereby reflecting the difficulties in paying short-term obligation on due date. Financial stability of the selected companies has shown an upward trend. This study will help investors to identify the nature of financial performance of the ceramic industry of Bangladesh and will also help to take investment decision. INTRODUCTION Ceramic industry of Bangladesh is a booming sector and the growth potential of both domestic and foreign market...
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...------------------------------------------------- Report On Business Strategy Of Shinepukur Ceramics Limited Introduction This Report has been prepared as a requirement for the completion of the BBA program of the Premier University Bangladesh. The primary goal of report is to provide an on the job exposure to the student and an opportunity for translation of theoretical conceptions in real life situation. Students are placed in enterprises, organizations, financial institutions, research institutions as well as development projects. The program covers a period of 12 weeks of organizational attachment. After the completion of four year academic BBA program, I, Ara Hosney student of American International University-Bangladesh was placed in Shinepukur Ceramics Ltd for the Internship Program. The duration of my organizationdal attachment was twelve weeks, starting from 16th May to 12st July,2006. As a requirement for the completion of the program I need to submit a report, which include an overview of the organization. I was placed in the different division of the Accounts Section under the supervision of the Manager of thecompany. With his reference I was helped by the senior officers and all other employees in other divisons. This paper covers details of the project findings along with an overview of Shinepukur Ceramics Ltd with particular reference to its Accounts Management Operations. Origin of the Report This report has been prepared to develop an understanding...
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...Objective: Ratio analysis expresses the relationship among selected items of financial statement data. A ratio expresses the mathematical relationship between one quantity and another. The relationship is expressed in terms of a percentage, a rate or a simple proportion. Ratios can provide clues to underlying that may not be apparent from individual financial statement component. However, a single ratio by itself is not very meaningful. For discussion making the companies use the following types of comparisons. a. Intra-company comparisons b. Industry average comparisons c. Intercompany comparisons Methodology: For our report we have collected the financial reports of the following companies (for the year 2009 and 2010): 1. Apex Tannery 2. Monno Ceramic 3. Bata Shoe 4. Meghna Cement & 5. Fu-wang Food We have calculated the following ratios for the each of the companies for both years: 1. Current ratio 2. Quick ratio 3. Inventory turnover ratio 4. Long term debt ratio 5. Debt to total asset ratio 6. Total asset turnover 7. Times interest earned ratio We have found the average value of each of the ratios for the organizations. We made intercompany comparison based on the average value of these ratios to identify the best and the worst company. In the end we tried to identify the reasons which caused the best and the worst companies to have those ratios. Description of the Ratios: 1...
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...Performance Evaluation of Selected Ceramic Companies of Bangladesh Abdullah Al Masum1, Fatema-Tuz-Johora2 1. Faculty of Business, ASA University Bangladesh 2. Faculty of Business, East West University Bangladesh ABSTRACT This paper applies performance evaluation of ceramic industry of Bangladesh and to test its financial soundness. The main aim is achieved through ratio analysis of four selected ceramic (Fu Wang, Monno, Shinepukur and Standard) companies in Bangladesh. Measurement of financial performance by ratio analysis helps identify organizational strengths and weaknesses by detecting fi- nancial anomalies and focusing attention on issues of organizational importance. The financial performance of this industry is measured in terms of profitability, solvency, efficiency and liquidity analysis and to test the financial soundness, Multivariate Discriminate Analysis (MDA) is used, which was developed by Prof. Altman. The study covers four public sector ceramic com- panies listed on Dhaka Stock Exchange. The study has been undertaken for the period of five years from 2006-7 to 2010-2011 and the necessary data has been obtained from the audited annual report of the selected companies. The liquidity position was very weak in all the cases of the selected companies and thereby reflecting the difficulties in paying short-term obligation on due date. Financial stability of the selected companies has shown an upward trend. This study will help investors to identify...
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...University of Dhaka Date of submission 1 August, 201 Executive summary The ceramic industry is surprisingly not quite a new one in Bangladesh. It dates back to 1962. People Ceramic Industries Ltd (PCI) pioneered the manufacture of porcelain tableware in Bangladesh (Khandaker and Alamgir 2006). According to Bangladesh Ceramic Ware Manufacturers Association (BCWMA), there are approximately 40 ceramic manufacturers operating in this industry producing tableware, sanitary ware and tiles. The major ceramic companies in the industry are Monno ceramics, R.A.K ceramics, Shinepukur ceramics, Fu-wang ceramics, greatwall ceramics, Peoples and national ceramics etc; there remains other 31 companies. Over the years, the ceramic industry in Bangladesh has flourished immensely and has gained recognition throughout the worldQuality of products has helped Bangladesh to carve a niche in the global market; the manufacturers in this sector are taking risks while diversifying their designs into world-class standards. The close competitors of Bangladesh are China and India, but they mostly produce traditional items. Moreover, due to recent global financial crisis and rising labor cost, the developed countries are placing more orders to low-cost countries like Bangladesh. However Bangladesh has a bright prospect in international market. Standard Ceramics industries Ltd is pioneer in tableware ceramics in Bangladesh. 31-40 % products are exported to the international market. The excellent...
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...2.1 Economy of Bangladesh 7 2.2 Economic outlook 7 Industry Analysis 8 COMPANY ANALYSIS 9 ANALYSIS & INTERPRETATION 9 Conclusion 13 EXECUTIVE SUMMARY Today’s business world is so much competitive as a result every person has to be very cautious while taking an investment decision. Various types of analysis are performed by the investors to choose the most perfect securities. In a portfolio construction a person analysis the whole macro as well as micro economic scenario of a nation, in industry analysis the industry condition, movement is closely examined and in a company analysis the specific firm is analyzed to take a decision. This are steps of fundamental analysis.. In this report all this are performed on ten firms. Our selected firms are from different industries. All of these companies’ shares are category A shares in DSE. We have collected our necessary information from primary and secondary sources. In our entire report we try to focus on portfolio construction from an investor’s perspective. We have divided the topics of the report into different segments. First we have discussed about the origin of the report, objectives and scope of the study, the method of preparing the report, limitation of the study. Then we have chosen the companies. At first we did the macro economic analysis, than industry analysis and last company analysis. Then we constructed the portfolio including with and without short sells. After all analysis we have given our suggestion as...
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...SCENARIO OF CERAMIC INDUSTRY The global ceramic industry is worth of US$20 billion. Bangladesh is perfectly positioned to expand rapidly in this sector with its high quality, cost ratio and creative human resource base. Traditionally, ceramic industry is a labor-intensive sector and companies in developed countries experience difficulties in remaining competitive due to rising labor cost and recent global financial crisis. Bangladesh, being a gas rich, low-labor cost economy and having advanced ‘bone china’ technology, is perfectly positioned to be a strategic partner in production and supply of ceramic goods (Board of Investment, Bangladesh). The ceramic industry is surprisingly not quite a new one in Bangladesh. It dates back to 1962. People Ceramic Industries Ltd (PCI) pioneered the manufacture of porcelain tableware in Bangladesh (Khandaker and Alamgir 2006). According to Bangladesh Ceramic Ware Manufacturers Association (BCWMA), there are approximately 40 ceramic manufacturers operating in this industry producing tableware, sanitary ware and tiles. A medium scale ceramic plant needs around Taka 10 crore (Taka 100 million) in initial investment and the BCWMA sources say the present investment in the country’s ceramic industry is roughly about Taka 2,000 crore (Taka 20 billion) and this sector employs one lakh (0.1 million) workers. Shinepukur, Monno, Bengal Fine, Standard, Peoples and National Ceramic are considered as major players in ceramic tableware market. RAK, Fu Wang, China-Bangla...
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...four tear analysis of ceramic industry and a company within, Monno Ceramics Ltd. Final report of Financial Accounting II course: four tear analysis of ceramic industry and a company within, Monno Ceramics Ltd. Student profile: Nafis Uddin Mehran, Roll-67, IBA BBA-21st 05-02-2014 Student profile: Nafis Uddin Mehran, Roll-67, IBA BBA-21st 05-02-2014 5th February, 2014 Mr. Mohammad A. Momen Professor Institute of Business Administration University of Dhaka Subject: Letter of Transmittal Sir, I am very much pleased to submit this final report on Monno Ceramic Ltd. as per your instructions. I have prepared the report using the knowledge I have gained throughout Financial Accounting I and Financial Accounting II courses. Throughout the report I have strictly abided by the guidelines that you have instructed to follow. Therefore, I request you to accept my report. And, I hope you will find it in order. I am eagerly expecting your feedback on the overall report. Yours sincerely, Nafis Uddin Mehran (ZR-67) Table of contents 1. Introduction……………….. 3 2. Economy analysis…………………………… 4 3. Industry analysis…………………. 10 4. History analysis 5. Vertical analysis………………………. 18 6. Horizontal analysis………………………… 21 7. Ratio analysis…………………….. 23 8. Future prospect…………………………… 24 9. References……………………………… 27 INTRODUCTION This report is to address the analysis of financial statements of Monno Ceramics Ltd and...
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...University of Wollongong Research Online Faculty of Commerce - Papers Faculty of Commerce 2006 Corporate Social and Environmental Disclosure in Developing Countries: Evidence from Bangladesh M. Hossain Hail Community College, Saudi Arabia, monirulhossain@yahoo.com K. Islam University of Wollongong, mksi747@uow.edu.au J. Andrew University of Wollongong, jandrew@uow.edu.au Publication Details This conference paper was originally published as Hossain, MA, Islam, KS and Andrew, J, Corporate social and environmental disclosure in developing coutries: evidence from Bangladesh, in Proceedings of the Asian Pacific Conference on International Accounting Issues, Hawaii, October 2006. Research Online is the open access institutional repository for the University of Wollongong. For further information contact Manager Repository Services: morgan@uow.edu.au. Corporate Social and Environmental Disclosure in Developing Countries: Evidence from Bangladesh Abstract This is an exploratory study designed to investigate the extent and nature of social and environmental reporting in corporate annual reports. Specifically, we examine the relationship between social and environmental disclosure and several corporate attributes in a developing country, Bangladesh. In order to do this, we have developed and utilized a disclosure index to measure the extent of disclosure made by companies in corporate annual reports. This study reports significant differences in levels...
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...Technology Master of Science in Management of Technology Course: AT 6001- Fundamentals of Management of Technology Assignment: 02 Title of the Assignment: “Development plan & strategy to promote ceramic industries sector in Bangladesh” Submitted By SL 1 2 3 4 5 Name MD. Ashrafuzzaman Student ID 0413292082 0413292079 1014292002 1014292002 M. A. F. Al-Mansur Md Firoz Hossain Md Bayzidur Rahman MOHAMMAD SAIDUR REHMAN Submitted To: Professor Dr. Kamal Uddin Director & Head Date of Submission:10 January 8, 2015 Bangladesh University of Engineering & Technology INTRODUCTION “Government of Bangladesh has given top priority to the growth of local industries for achieving economic prosperity and creating of job opportunities. Ship building, ceramic, light engineering and small and medium enterprises are in the priority list of the government. It is possible to buy a square foot of tiles for only Tk. 30 now, which was Tk. 130-140 seven to eight years back. It has become possible, as local manufacturers in a bigger way have come into the scenario. Earlier, a major portion of the local demand for the item was met through imports. In the past fiscal year, 21 local leading ceramic ware factories earned more than $35 million from exports of their products to 50 countries. Of the products, ceramic table wares are exported to about 50 countries including, the US and Canada, tiles to India, Nepal and Bhutan, and sanitary wares to the Middle East, specially to the UAE. Besides earning valuable...
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...Business Plan Topic: Waste to Building Materials Prepared for: Dr. A.K.M. Saiful Majid Professor Course Instructor: Entrepreneurship Course Code: W301 Prepared by: Safa Tasneem (RQ-17) BBA 18th Batch Date of Submission: January 21, 2013 Institute of Business Administration University of Dhaka [pic] 201, 202 TEJGAON INDUSTRIAL AREA DHAKA 1212, BANGLADESH +8801676907083 tasneem_safa@yahoo.com Partners: The partnership has been formed amongst a group of three close friends and highly aspiring entrepreneurs graduating from the BBA 18th batch of Institute of Business Administration, University of Dhaka. |Name |Address | |Safa Tasneem |House # C-39, Road # 6, Niketan, Gulshan-1, Dhaka-1212 | |Adel Mostaque Ahmed |House # 37, Road # 1, Block– A, Banasree, East Rampura, Dhaka – 1219 | |Ahnaf Zabee |House # 3/6, Block- A, Lalmatia, Mohammadpur, Dhaka | | | | | | ...
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...Topic Page no 1. Executive Summary 1 2. Business Idea 2 3. Goals & Objectives 3 4. Market Potential 3 5. Competition 4 6. Marketing Plan 5 7. Operation 6 8. Management Team 6 8. Resource Requirement 7 9. Implementation Plan 7 10. Risk Assessment 8 11. Financial Plan 9-10 12. Appendix i-xxiv Executive Summary The phenomenon about using bamboo is limited within, bridge, rural housing, fencing etc. But there is a golden opportunity to produce one of the urban housing materials, by using bamboo. It will make urban people very close to nature, which is the demand of time. So Elegant Flooring Ltd. wants to produce tiles by using bamboo, which is environment friendly and cheap. There already exists a huge market for bamboo tiles in USA and European countries. They are importing 90 percent of the bamboo tiles from China. Recently, the labor cost of China has raised one step. Moreover gas expenditure is 23%lower in Bangladesh compared to China. So if we can produce tiles of equivalent quality at cheaper cost; good portion of that market can be captured. In the local market our target will be various real –estate developer companies, private home users and corporate houses for their office interior. In regards to the international market Elegant Flooring Ltd will target the winter based countries as our product has the feature to keep the environment worm. In the first three years, we will collect raw materials from the local suppliers. From the 4rth...
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...Securities and Exchange Commission, Bangladesh ANNUAL REPORT 2010-2011 1 SECURITIES AND EXCHANGE COMMISSION ANNUAL REPORT 2010-2011 Jiban Bima Tower (15th , 16th & 20th Floor) 10, Dilkusha Commercial Area Dhaka-1000, Bangladesh Phone: 9568101-2, 9561525 Website: http://www.secbd.org E-mail: secbd@bdmail.net Fax: (88)-02-9563721 Securities and Exchange Commission 2 SECURITIES AND EXCHANGE COMMISSION ANNUAL REPORT 2009-2010 CONTENTS INSIDE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Chairman’s Statement Economic Indicators of Bangladesh Capital Market Over the World Bangladesh Capital Market Capital Market Regulatory Reforms and Compliance Listing in Stock Exchanges Capital Issue Corporate Finance Registration Mutual Fund and SPV Surveillance Supervision and Regulation of Markets and Issuer Companies Supervision and Regulation of Intermediaries Central Depository Enforcement Law Management Information Systems Research & Development Bangladesh Institute of Capital Market Future Planning Financial Statements of the Commission Annexure Commission and the Commission’s Officers PAGE 04 06 09 11 16 26 28 30 32 36 38 39 47 49 50 50 50 51 52 52 53 54 86 3 1. Chairman’s Statement Securities and Exchange Commission (SEC) was established on 8 June 1993 through enactment of the Securities and Exchange Commission Act, 1993. The objectives of the SEC are to develop the securities markets and to frame necessary rules and regulations of capital...
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...Securities and Exchange Commission, Bangladesh ANNUAL REPORT 2010-2011 1 SECURITIES AND EXCHANGE COMMISSION ANNUAL REPORT 2010-2011 Jiban Bima Tower (15th , 16th & 20th Floor) 10, Dilkusha Commercial Area Dhaka-1000, Bangladesh Phone: 9568101-2, 9561525 Website: http://www.secbd.org E-mail: secbd@bdmail.net Fax: (88)-02-9563721 Securities and Exchange Commission 2 SECURITIES AND EXCHANGE COMMISSION ANNUAL REPORT 2009-2010 CONTENTS INSIDE 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 Chairman’s Statement Economic Indicators of Bangladesh Capital Market Over the World Bangladesh Capital Market Capital Market Regulatory Reforms and Compliance Listing in Stock Exchanges Capital Issue Corporate Finance Registration Mutual Fund and SPV Surveillance Supervision and Regulation of Markets and Issuer Companies Supervision and Regulation of Intermediaries Central Depository Enforcement Law Management Information Systems Research & Development Bangladesh Institute of Capital Market Future Planning Financial Statements of the Commission Annexure Commission and the Commission’s Officers PAGE 04 06 09 11 16 26 28 30 32 36 38 39 47 49 50 50 50 51 52 52 53 54 86 3 1. Chairman’s Statement Securities and Exchange Commission (SEC) was established on 8 June 1993 through enactment of the Securities and Exchange Commission Act, 1993. The objectives of the SEC are to develop the securities markets and to frame necessary rules and regulations of capital...
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...2009 REPORT TO CONGRESS of the U.S.-CHINA ECONOMIC AND SECURITY REVIEW COMMISSION ONE HUNDRED ELEVENTH CONGRESS FIRST SESSION NOVEMBER 2009 Printed for the use of the U.S.-China Economic and Security Review Commission Available via the World Wide Web: http://www.uscc.gov dkrause on GSDDPC29 with K1 VerDate Nov 24 2008 08:23 Nov 10, 2009 Jkt 052771 PO 00000 Frm 00003 Fmt 6012 Sfmt 6602 M:\USCC\2009\52771.XXX APPS06 PsN: 52771 M:\USCC\USChina.eps Report Documentation Page Form Approved OMB No. 0704-0188 Public reporting burden for the collection of information is estimated to average 1 hour per response, including the time for reviewing instructions, searching existing data sources, gathering and maintaining the data needed, and completing and reviewing the collection of information. Send comments regarding this burden estimate or any other aspect of this collection of information, including suggestions for reducing this burden, to Washington Headquarters Services, Directorate for Information Operations and Reports, 1215 Jefferson Davis Highway, Suite 1204, Arlington VA 22202-4302. Respondents should be aware that notwithstanding any other provision of law, no person shall be subject to a penalty for failing to comply with a collection of information if it does not display a currently valid OMB control number. 1. REPORT DATE 3. DATES COVERED 2. REPORT TYPE 01 NOV 2009 4. TITLE AND SUBTITLE 00-00-2009 to 00-00-2009 ...
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