PLS PLANTATION BERHAD

Liquidity Ratio
Ratio Analysis

2011 (RM)

Current Assets
Current Liabilities

103,846,000
128,247,000
0.81 : 1

a) Current Ratio

b) Quick Ratio
Current Assets-Inventories
Current Liabilities

103846000 - 2941000
128247000
0.79 : 1

Solvency Ratio
Ratio Analysis
a) Debt To Equity Ratio
Total Liabilities
Total Equity
b) Debt To Total Assets Ratio
Total Debt
Total Assets
c) Long Term Debt To Assets Ratio
Long Term Debt
Total Assets

2011 (RM)
194,948,000
97,711,000
2.00 : 1
194,948,000
292,659,000
0.67 : 1
66,701,000
292659000
0.23 :1

Profitability Ratios
Ratio Analysis
a) Gross Profit Margin
Gross Profit x 100
Sales

2011 (RM)
23432000 x 100%
123,379,000
19%

b) Mark Up Ratio
Gross profit x 100%
Cost of Goods Sold
c) Net Profit Margin
Net Income x 100
Sales
d) Operating Profit Margin
Operating Income before tax and interest x 100
sales

23432000 x 100%
11,561,000
203.00%
11416000 x 100
123,379,000
10%
9829000 x 100
123,379,000
8%

Activity ratios
Ratio Analysis
a) Inventory Turnover
Cost of Goods Sold
Average Inventory
b) Fixed Assets Turnover
Sales
Average Fixed Assets
c) Assets Turnover Ratio

2011 (RM)
11,561,000
[ (2941000 + 4116000) /2 ]
3.3 @ 3 Times
123,379,000
] (177991000 + 188813000) /2 ]
0.67 @ 0.7 Times

Sales
Average Total Assets

123,379,000
[ (248667000 + 292659000) /2 ]
0.46 @ 0.5 Times

d) Debtor Collection Period Ratio

Average Debtor x 365 days
Total Credit Sales

[ (6775000 + 49004000) /2 ] x 365

123,379,000
82.5
83 Days

Cash Flow Ratios

Ratio Analysis
a) Operating Cash Flow Ratio
Cash flow from operating
Current liabilities
b)Cash Flow Margin Ratio
Cash Flow from operating x 100%
net sales
c) OCF to Average Total liabilities ratio
Cash Flow from Operating 100%
Average total liabilities

2011(RM)
9,509,000
128,247,000
0.07 : 1
9509000 x 100%
123,379,000
8%
9509000 x 100%
[ (162530000 + 194948000) /2 ]
5.32%

2012 (RM)
120,358,000
140,158,000
0.86 : 1
120358000-3181000
140158000
0.84 : 1

2012 (RM)
218,466,000
111,850,000
1.95 : 1
218,466,000
330,316,000
0.66 : 1
78,308,000
330316000
0.23 : 1

Compare & evaluate

It shows every RM 1 current
liabilities can cover current assets.
It shows that in 2012 is the higher.
So the higher the better. (0.86:1)
It shows every RM 1 current
liabilities can cover current assets.
It shows that in 2012 is the higher.
So the higher the better. (5.08:1)

Compare & evaluate

The ratio shows in 2012
is 1.95 : 1 times. So the lower
the better
The ratio shows debt in the
year 2012 is 0.66 : 1 times.
So the lower the better.
The ratio shows in the both year
of 2011 and 2012 are same which
0.23 : 1 times.

2012 (RM)
120,358,000
140,158,000
0.86 : 1
120358000-3181000
140158000
0.84 : 1

2012 (RM)
218,466,000
111,850,000
1.95 : 1
218,466,000
330,316,000
0.66 : 1
78,308,000
330316000
0.23 : 1

2012 (RM)
27016000 x 100%
148,157,000
18%
27016000 x 100%
17,177,000
157.00%
14139000 x 100
148,157,000
10%
36907000 x 100
148,157,000
25%

2012 (RM)
17,177,000
[ (3181000 + 2941000) /2 ]
5.6 @ 6 Times
148,157,000
[ (188813000 + 209958000) /2 ]
0.74 @ 0.7 Times

Compare & evaluate

Indicate that each RM1 of sales
the company can earn 19%
and 18% from gross profit.
Shows that in 2011 is the higher.
The higher the better.
The ratios shows the mark-up
percent that the company give
for the each year. So in 2011,is 203%
The higher the better.
The ratios shows the net income
of thee sales for each year is
compared. Both are same which
10.00%
The ratios means the opening
profit margin for the company is
25% for 2012 and 8% for 2011.
the higher the better in 2012.

Compare & evaluate

The inventory can be sales and
the turnover the stock in year2012
is the higher than previous year.
The higher the better.
The higher the ratio is better.
Indicate that the business has
less money to tied up in currency
of sales revenue. 2012 is higher than 2011

2012 (RM)
27016000 x 100%
148,157,000
18%
27016000 x 100%
17,177,000
157.00%
14139000 x 100
148,157,000
10%
36907000 x 100
148,157,000
25%

2012 (RM)
17,177,000
[ (3181000 + 2941000) /2 ]
5.6 @ 6 Times
148,157,000
[ (188813000 + 209958000) /2 ]
0.74 @ 0.7 Times

148,157,000
[ (292659000 + 330316000) /2 ]

It shows that in year 2012 is 0.48

times that higher than year 2011.
is 0.46 times.
0.48 @ 0.5 Times
The higher the better.
The shorter collection period
[ (49004000 + 37923000) /2 ] x 365 indicate the efficiency in credit
148,157,000
management based on year debtor
107.1
collection period. It more efficiency
107 Days
of taking 83 day to collect liabilities.

2012(RM)
34,905,000
140,158,000
0.25 : 1
34905000 x 100%
148,157,000
24%

Compare & evaluate

The greater amount in operating
cash flow is better. This shows
in year 2012 is 0.25.
The ability to generate consistent
improving the percentages. In
2012 they got 24% .
The large number is better.

148,157,000
[ (292659000 + 330316000) /2 ]
0.48 @ 0.5 Times
[ (49004000 + 37923000) /2 ] x 365
148,157,000
107.1
107 Days

2012(RM)
34,905,000
140,158,000
0.25 : 1
34905000 x 100%
148,157,000
24%

The ratio shows that the operating

34905000 x 100%
[ (194948000 + 218466000) /2 ]
16.89%

cash flow to average total liabilities.

The higher is better. In 2012 is the higher

16.89%

34905000 x 100%
[ (194948000 + 218466000) /2 ]
16.89%

2013 (RM)
105,858,000
129,469,000
0.82 : 1
105858000 - 4696000
129469000
0.78 : 1

2013 (RM)
223,627,000
117,976,000
1.89 : 1
223,627,000
341,603,000
0.65 : 1
94,158,000
341,603,000
0.27 : 1

Compare & evaluate

It shows every RM 1 current
liabilities can cover current assets.
It shows that in 2012 is the higher.
So the higher the better. (0.86:1)
It shows every RM 1 current
liabilities can cover current assets.
It shows that in 2012 is the higher.
So the higher the better. (0.84:1)

Compare & evaluate

The ratio shows in 2013
is 1.89 : 1. so the lower
is the better
The ratio shows debt in the
year 2013 is 0.65 : 1 times.
So the lower the better.
The ratio shows long term debt in
the year of 2012 is 0.23 : 1
So the lower the better.

2013 (RM)
18317000 x 100%
76,938,000
24%
18317000 x 100%
24,170,000
76%
6126000 x 100
76,938,000
8%
192000 x 100
76,938,000
0.249%.

2013 (RM)
24,170,000
[ (4696000 + 3181000) /2 ]
6.1 @ 6 Times
76,938,000
[ (235745000 + 209958000) /2 ]
0.34 @ 0.3 Times

Compare & evaluate

Indicate that each RM1 of sales
the company can earn 18%
and 24% from gross profit.
Shows that in 2013 is the higher.
The higher the better.
The ratios shows the mark-up
percent that the company give
for the each year. So in 2012,is 157%
The higher the better.
The ratios shows the net income
of thee sales for each year is
compared.So in 2012 is the higher than
2013.The higher the better.
The ratios means the opening
profit margin for the company is
25% for 2012 and 0.249% for 2013.
the higher the better in 2012.

Compare & evaluate

The inventory can be sales and
the turnover the stock in year2013
is the higher than previous year.
The higher the better.
The higher the ratio is better.
Indicate that the business has
less money to tied up in currency
of sales revenue. 2012 is higher than 2013

76,938,000
[ (341603000 + 330316000) /2 ]
0.22 @ 0.2 Times
[ (26405000 + 37923000) /2 ] x 365
76,938,000
152.6
153 Days

2013 (RM)
3,084,000
129,469,000
0.02 : 1
3084000 x 100%
76,938,000
4%

It shows that in year 2012 is 0.48

times that higher than year 2013.
is 0.22 times.
The higher the better.
The shorter collection period
indicate the efficiency in credit
management based on year debtor
collection period. It more efficiency
of taking 107 day to collect liabilities.

Compare & evaluate

The greater amount in operating
cash flow is better. This shows
in year 2012 is 0.25 : 1
The ability to generate consistent
improving the percentages. In
2012 they got 24% .
The large number is better.

The ratio shows that the operating

3084000 x 100%
[ (223627000 + 218466000) /2 ]
1.39%

cash flow to average total liabilities.

The higher is better. In 2012 is the higher

16.89%

RSAWIT PLANTATION BERHAD

Liquidity Ratio
Ratio Analysis
a) Current Ratio
Current Assets
Current Liabilities

2011 (RM)

2012 (RM)

56,307,000
39,636,000
1.50 : 1

50,549,000
23,999,000
2.12 : 1

56,307000 - 16,216000
39636000
1.01 : 1

50,549000-14,565000
23999000
1.50 : 1

2011 (RM)

2012 (RM)

42,192,000
53,279,000
0.7919 : 1

25,657,000
64,850,000
0.3956 : 1

42,192,000
95,471,000
0.4419 : 1

25,657,000
90,507,000
0.2835 : 1

c) Long Term Debt To Assets Ratio

Long Term Debt
66,701,000
Total Assets
292659000
0.23 :1

78,308,000
330316
0.23 : 1

b) Quick Ratio
Current Assets-Inventories
Current Liabilities

Solvency Ratio
Ratio Analysis
a) Debt To Equity Ratio
Total Liabilities
Total Equity
b) Debt To Total Assets Ratio
Total Debt
Total Assets

Profitability Ratios
Ratio Analysis
a) Gross Profit Margin
Gross Profit x 100

2011 (RM)

2012 (RM)

24,197000 x 100%

29,108000 x 100%

Sales

184,464,000
13%

189,498,000
15%

24,197000 x 100%
160,267,000
15.10%

29,108000 x 100%
160,390,000
18.15%

11416000 x 100
123,379,000
10%

14139000 x 100
148,157,000
10%

d) Operating Profit Margin

Operating Income before tax and interest x 1009829000 x 100
sales
123,379,000
8%

36907000 x 100
148,157,000
25%

b) Mark Up Ratio
Gross profit x 100%
Cost of Goods Sold
c) Net Profit Margin
Net Income x 100
Sales

Activity ratios
Ratio Analysis
a) Inventory Turnover
Cost of Goods Sold
Average Inventory
b) Fixed Assets Turnover
Sales
Average Fixed Assets

2011 (RM)

2012 (RM)

11,561,000
[ (2941000 + 4116000) /2 ]
3.3 @ 3 Times

17,177,000
[ (3181000 + 2941000) /2 ]
5.6 @ 6 Times

123,379,000
148,157,000
] (177991000 + 188813000) /2 ] [ (188813000 + 209958000) /2 ]
0.67 @ 0.7 Times
0.74 @ 0.7 Times

c) Assets Turnover Ratio

Sales
Average Total Assets

123,379,000
148,157,000
[ (248667000 + 292659000) /2 ] [ (292659000 + 330316000) /2 ]
0.46 @ 0.5 Times
0.48 @ 0.5 Times
d) Debtor Collection Period Ratio
Average Debtor x 365 days [ (6775000 + 49004000) /2 ] x 365
[ (49004000 + 37923000) /2 ] x 365
Total Credit Sales
123,379,000
148,157,000
82.5
107.1
83 Days
107 Days
Cash Flow Ratios
Ratio Analysis
a) Operating Cash Flow Ratio
Cash flow from operating
Current liabilities

2011(RM)

2012(RM)

9,509,000
128,247,000
0.07 : 1

34,905,000
140,158,000
0.25 : 1

b)Cash Flow Margin Ratio

Cash Flow from operating x 100%
net sales

9509000 x 100%
34905000 x 100%
123,379,000
148,157,000
8%
24%
c) OCF to Average Total liabilities ratio
Cash Flow from Operating 100%
9509000 x 100%
34905000 x 100%
Average total liabilities
[ (162530000 + 194948000) /2 ] [ (194948000 + 218466000) /2 ]
5.32%
16.89%

2013 (RM)
70,676,000
90,017,000
0.79 : 1
70676000 - 4116000
90017000
0.74 : 1

2010 (RM)
162,530,000
86,137,000
1.89 : 1
162,530,000
248,667,000
0.65 : 1
72,513,000
248,667,000
0.29 : 1

2010 (RM)
11900000 x 100%

63,118,000
19%
11900000 x 100%
18,196,000
65%
14032000 x 100
63,118,000
22%
31079000 x 100
63,118,000
49%

2010(RM)
18,196,000
[ (7186000 + 4116000) /2 ]
3.2 @ 3 Times
63,118,000
[ (161197000 + 177991000) /2 ]
0.37 @ 0.4 Times
63,118,000
[ (207829000 + 248667000) /2 ]
0.27 @ 0.3 Times
[ (4659000 + 6775000) /2 ] x 365
63,118,000
36.94

2010(RM)
30,987,000
90,017,000
0.34 : 1

30987000 x 100%
63,118,000
49%
30987000 x 100%
[ (135724000 + 162530000) /2 ]
20.78%