...INTRODUCTION: Objectives of the Report: 1. To know the current financial performance of the two companies. 2. To know the future prospect of the companies. 3. To compare the financial position of the two companies. Scope of the report: 1. Studying the pros and cons of the financial statements of a company, it is possible to predict the probable future growth of a company Methodology: Data were collected from Annual Reports of Square Pharmaceuticals Ltd. and Renata Pharmaceuticals Ltd. from the year 2003 to 2008. Three types of financial tools were used to analyze the data which are: 1. Horizontal Analysis 2. Vertical Analysis and 3. Ratio Analysis. LITERATURE REVIEW: Financial Analysis: The art of transforming data from financial statements into information that is useful for informed decision making is financial analysis. Financial analysis involves the use of various financial statements. These statements do several things. First the balance sheet summarizes the assets, liabilities and owners’ equity of a business at a moment in time usually the end of a year or a quarter. Next the income statement summarizes the revenue and expenses of the firm over a particular period of time, again usually a year or a quarter. Need for Comparative Analysis: Every item reported in a financial statement has significance. We know a company had a certain amount of cash on the balance sheet but we do not know whether the amount represents an increase over prior year...
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...really effective and interesting. We would like to thank all mighty Allah for keeping everything on right track. Finally, we would like to thank our parents and friends without whose support it was impossible for us to complete the project Executive Summary As escalating pharmaceutical expenditures draw increased scrutiny from policy makers, the media, and consumer advocacy groups, the debate over pharmaceutical price controls is emerging as a key political issue. Notably absent is the consideration and investigation of the impact of market-based pricing patterns in the Bangladesh on bio-pharmaceutical innovation and related economic contributions. The report is designed to bridge the gulf between the theoretical knowledge & real life. It is designed to have a practical experience while passing through the theoretical Understanding. As a matter of fact, In Bangladesh , now-a-days many pharmaceutical Company are conducting their operations, but they differ from one another in many ways regarding their services & product . Square pharmaceutical LTD. is registered company in Bangladesh. This report covers mainly Square pharmaceutical and his product development to declination an analysis . In the age of...
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...Financial Performance Evolution on “Square Pharmaceuticals Ltd” At first we want to express our great gratitude to our honorable Teacher to give us such a good topic for making a assignment. He gave us his helpful hand to do this assignment. His class lecture & advice help us to prepare our assignment very much which was very fruitful to us. So we are grateful to him. At the very beginning, a special note of acknowledgement is due to our course teacher, Mr. X, for giving us the permission to prepare the report on this topic. He was very generous and friendly toward us while conducting the course and was the person who has guided us throughout preparing the report. His teaching method was really effective and interesting. We would like to thank all mighty Allah for keeping everything on right track. Finally, we would like to thank our parents and friends without whose support it was impossible for us to complete the project. Executive Summary As escalating pharmaceutical expenditures draw increased scrutiny from policy makers, the media, and consumer advocacy groups, the debate over pharmaceutical price controls is emerging as a key political issue. Notably absent is the consideration and investigation of the impact of market-based pricing patterns in the Bangladesh on bio-pharmaceutical innovation and related economic contributions. The report is designed to bridge the gulf between the theoretical knowledge & real life. It is designed to have a practical experience...
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...Performance analysis of working capital management of “pharmaceuticals industry” 1. 1. Performance Analysis of Working Capital Management of “Pharmaceuticals Industry” Page 1 of 166 2. 2. A Term Paper on Performance Analysis of Working Capital Management of “Pharmaceuticals Industry” Submitted To: Khairul Alom Course Teacher School of Business Studies Southeast University Submitted By: Name Md. Fayshal Hossan Miazy ID No 2009110000038 Mubashir Hossain 2009010000050 (21st) Md. Ahadul Islam 2009110000049 Md. Robiul Islam 2009110000066 Md. Shaheen 2009110000069 BBA.22nd. Batch. Major: Finance-A Southeast University Date of Submission: 27 August, 2012 Page 2 of 166 3. 3. Acknowledgement At first, we thank to almighty Allah who made us capable to prepare this proposal. Secondly would like to thank my honorable advisor Khairul Alom and course teacher of Southeast University, School of Business for providing proper guidance and help to complete the term paper. We are also grateful to the DSE library that’s helped me to collect the information. At last we want to thank my group members for their co- operation and making this possible to submit this term paper on time. Page 3 of 166 4. 4. Dedication Dedicate to our respected “Parents” And Our honorable course teacher “Khairul Alom” Page 4 of 166 5. 5. Letter of Transmittal 27 August, 2012 To, Khairul Alom Course Teacher School Of Business Studies Southeast University Subject: Submission of term paper on Performance...
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...Performance evaluation and ratio analysis of Pharmaceutical Company in Bangladesh Faruk Hossan Md Ahsan Habib Supervisor: José Ferraz Nunes Examiner: Bengt Kjellén Master‟s thesis in international Business 15 ECTS Department of Economic and Informatics University West Spring term 2010 0 ABSTRACT The thesis applies performance evaluation of pharmaceutical company in Bangladesh. It means evaluate how well the company performs. The main aim is achieved through ratio analysis of two pharmaceutical (Beximco and Square pharmaceutical) companies in Bangladesh. The main data collection from the annual financial reports on Beximco and square pharmaceutical companies in 2007 to 2008.Different financial ratio are evaluated such liquidity ratios, asset management ratios, profitability ratios, market value ratios, debt management ratios and finally measure the best performance between two companies. The mathematical calculation was establish for ratio analysis between two companies from 2007-2008.It is most important factors for performance evaluation. The graphical analysis and comparisons are applies between two companies for measurement of all types of financial ratio analysis. Liquidity ratio is conveying the ability to repay short-term creditors and it total cash. It determines perform of short term creditor of both pharmaceutical companies under the three categories such as current ratio, quick ratio and cash ratio. Asset management ratio is measurement how to effectively...
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...Performance evaluation and ratio analysis of Pharmaceutical Company in Bangladesh Faruk Hossan Md Ahsan Habib Supervisor: José Ferraz Nunes Examiner: Bengt Kjellén Master‟s thesis in international Business 15 ECTS Department of Economic and Informatics University West Spring term 2010 0 ABSTRACT The thesis applies performance evaluation of pharmaceutical company in Bangladesh. It means evaluate how well the company performs. The main aim is achieved through ratio analysis of two pharmaceutical (Beximco and Square pharmaceutical) companies in Bangladesh. The main data collection from the annual financial reports on Beximco and square pharmaceutical companies in 2007 to 2008.Different financial ratio are evaluated such liquidity ratios, asset management ratios, profitability ratios, market value ratios, debt management ratios and finally measure the best performance between two companies. The mathematical calculation was establish for ratio analysis between two companies from 2007-2008.It is most important factors for performance evaluation. The graphical analysis and comparisons are applies between two companies for measurement of all types of financial ratio analysis. Liquidity ratio is conveying the ability to repay short-term creditors and it total cash. It determines perform of short term creditor of both pharmaceutical companies under the three categories such as current ratio, quick ratio and cash ratio. Asset management ratio is measurement how to effectively...
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...Performance evaluation and ratio analysis of Pharmaceutical Company in Bangladesh Faruk Hossan Md Ahsan Habib Supervisor: José Ferraz Nunes Examiner: Bengt Kjellén Master‟s thesis in international Business 15 ECTS Department of Economic and Informatics University West Spring term 2010 0 ABSTRACT The thesis applies performance evaluation of pharmaceutical company in Bangladesh. It means evaluate how well the company performs. The main aim is achieved through ratio analysis of two pharmaceutical (Beximco and Square pharmaceutical) companies in Bangladesh. The main data collection from the annual financial reports on Beximco and square pharmaceutical companies in 2007 to 2008.Different financial ratio are evaluated such liquidity ratios, asset management ratios, profitability ratios, market value ratios, debt management ratios and finally measure the best performance between two companies. The mathematical calculation was establish for ratio analysis between two companies from 2007-2008.It is most important factors for performance evaluation. The graphical analysis and comparisons are applies between two companies for measurement of all types of financial ratio analysis. Liquidity ratio is conveying the ability to repay short-term creditors and it total cash. It determines perform of short term creditor of both pharmaceutical companies under the three categories such as current ratio, quick ratio and cash ratio. Asset management ratio is measurement how to effectively...
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...1.1-EXECUTIVE SUMMARY: Ratio analysis is the most important tools for measuring the organization financial performance. A good analyst must use different ratios as a mechanism for evaluating the organization’s performance which is helped the investors to take a better decision of their investment. In our term paper, this report is an assigned job as a partial fulfillment of course requirement by honorable Course teacher Shaikh Masrick Hasan, Lecturer, Adjunct Faculty, ASA University Bangladesh. It is the optimum aggregated outcome of 7 pupils’ about “Ratio Analysis of Square Pharmaceuticals Limited”. The goal of this report is to measure the overall financial performance of Square Pharmaceuticals Ltd. Square Pharmaceuticals Ltd. is a renowned company in Bangladesh. It is a flagship company in the pharmaceutical industry which has reached this mountain of success by fighting many potential competitors. The main objectives are to conduct transparent business operation based on market mechanism within the legal & social frame work with aims to attain the mission. In the 1st chapter in our study paper in at first we tried to give the overall summary of our study paper, Scope or Origin of our study paper, the objectives, and problem statement of this study paper. In then we described the methodology through which we collected our required information. In 2nd chapter, we tried to give a brief idea about company profile like background information of the company, mission, vision...
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...ORGANIZATIONAL DESIGN OF SQUARE PHARMACEUTICALS LTD. BASED ON 2006 - 2007 COMPANY ACTIVITIES April 20, 2008 ORGANIZATIONAL DESIGN OF SQUARE PHARMACEUTICALS LTD. BASED ON 2006 - 2007 COMPANY ACTIVITIES April 20, 2008 Members of the Group Acknowledgment A single individual can achieve no noble objective. We are indebted to a number of persons for their kind advice, suggestions, directions, & co-operations which have enable us to prepare this report. First of all I would like to thank Utpual for his contribution into this report. We would like to thank Kazal Pharmacy for their suggestion and ideas. Riaheen Farzana Senior Lecturer ULAB School of Business University of Liberal Arts Bangladesh Dhanmondi, Road- 4/A Satmosjid Road, Dhaka-1209 Subject: Submission...
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...Introduction Financial ratios are useful indicators of a firm's performance and financial situation. Financial ratios can be used to analyze trends and to compare the firm's financials to those of other firms.Ratio analysis expresses the relationship among selected items of financial statement data. A ratio expresses the mathematical relationship between one quantity and another. Objectives of the study The study is designed to achieve the following objectives: (i) To test the financial strengths and weaknesses of company. (ii) To pinpoint the causes of poor financial performance and suggest some measures to overcome the problems. Methodology of the study Here we are using Ratio analysis method. For analysis of the primary financial statements, ratios can be used to evaluate liquidity, profitability and solvency. Company Profile Square Pharmaceuticals Ltd. is a renowned company in Bangladesh. It is a flagship company in the pharmaceutical industry which has reached this mountain of success by fighting many potential competitors like BEXIMCO Pharma, INCEPTA, ACME, RENETA, OPSONIN, SK+F, SANOFI-AVENTIS etc. It initially started as a Partnership in 1958. It was incorporated as a Private Ltd. Company in 1964 and converted into Public Limited Company in 1991. Its initial public offering started in Dhaka and Chittagong stock exchange simultaneously in 1995. Their mission is to produce and provide quality & innovative healthcare relief for people, maintain stringently...
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...are to fulfill the partial obligation for the course of “Corporate Finance”. Since, it‟s compulsory for all the groups of students of 2nd batch of Department of Finance & Banking, Jahangirnagar University to understand the current practice of Corporate Finance theories to explore real life business situation. Here we have worked on the analysis of seven different business organizations which are listed in stock market. This analysis helps us to have better understand about the companies and about their financial condition which as well as gives us better knowledge about the course Corporate Finance. 1.2. Background and relevance of the research: Here we have worked one the seven different top business organization and make a comparative financial analysis of those business firms as a course work of “Corporate Finance”. Through the research we have found a better knowledge of the course and have a better understanding the condition of those firms. 1.3. Objectives of the research The primary objective of writing the report is fulfilling the partial requirements of the BBA program. In this report, I‟ve attempted to give an overview of financial condition of the seven different business organizations in general. Some following objectives of the report are as shown: Page | 1 To...
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...A STUDY ON PHARMACEUTICAL INDUSTRY OF BANGLADESH FROM THE PERSPECTIVE OF CORPORATE FINANCE ( Company under research: Beximco Pharmaceuticals Ltd & Square Pharmaceuticals Ltd) Course Title : Corporate Finance (PF 604) Submitted to Professor Shabbir Ahamad Department of Finance University of Dhaka Prepared by- Haroon Islam (ID: Fin -01- 15-001) Md. Syedur Rahman( ID: Fin-01-15-027) Md. Abdur Rahman Babu(ID: Fin -01- 15-036) Farzina Sulvia (ID: Fin -01- 15-054) MPF Program, Department of Finance University of Dhaka Date: 03 June 2016 Table of Contents Chapter 01: Introduction 5 1.1 Introduction 5 1.2 Objective 5 1.3 Methodology 5 1.4 Limitation 5 Chapter 02: Brief Company Overview 6 2.1. Beximco Pharmaceuticals Ltd 6 2.2. Square Pharmaceuticals Ltd 7 Chapter 03: Capital Structure 8 3.1. What is a 'Capital Structure' 8 3.2. BREAKING DOWN 'Capital Structure' 8 3.3. Corporate Finance - Factors that Influence a Company's Capital-Structure Decision 8 3.4. Study on the Debt Equity Ratio Analysis 10 3.5. Observation: 11 Chapter 04: Dividend Policy & Dividend Payout 13 4.1. Dividend theories 13 4.2. Dividend Policy: 14 4.3. Dividend Policy of Beximco & Squar Pharma 15 4.4. Dividend Payout Ratio: 16 4.5. Analysis on Dividend Payout Ratio and its impact on average share price in the long run 19 Chapter 05: Effect of Dividend Declaration & Dividend Payment on Share price 20 5.1. Beximco Pharmaceuticals...
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...Background Financial Statement includes the Balance Sheet, Income statement and other statement which determine the company’s performance. Financial ratio analysis is the calculation and comparison of ratios which are derived from information in company’s financial statements. Financial ratios are the analyst’s microscope. It allowed them to get a better view of the firm’s financial health than just looking at the raw financial statements. BRIEF HISTORY Square Pharmaceuticals Ltd. is a renowned company in Bangladesh. It is a flagship company in the pharmaceutical industry which has reached this mountain of success by fighting many potential competitors like BEXIMCO Pharma, INCEPTA, ACME, RENETA, OPSONIN, SK+F, SANOFI-AVENTIS etc. It initially started as a Partnership in 1958. It was incorporated as a Private Ltd. Company in 1964 and converted into Public Limited Company in 1991. Its initial public offering started in Dhaka and Chittagong stock exchange simultaneously in 1995. Their mission is to produce and provide quality & innovative healthcare relief for people, maintain stringently ethical standard in business operation also ensuring benefit to the shareholders, stakeholders and the society at large. Vision They view business as a means to the material and social wellbeing of the investors, employees and the society at large, leading to accretion of wealth through financial and moral gains as a part of the process of the human civilization. Mission Their Mission is to...
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...Background Financial Statement includes the Balance Sheet, Income statement and other statement which determine the company’s performance. Financial ratio analysis is the calculation and comparison of ratios which are derived from information in company’s financial statements. Financial ratios are the analyst’s microscope. It allowed them to get a better view of the firm’s financial health than just looking at the raw financial statements. BRIEF HISTORY Square Pharmaceuticals Ltd. is a renowned company in Bangladesh. It is a flagship company in the pharmaceutical industry which has reached this mountain of success by fighting many potential competitors like BEXIMCO Pharma, INCEPTA, ACME, RENETA, OPSONIN, SK+F, SANOFI-AVENTIS etc. It initially started as a Partnership in 1958. It was incorporated as a Private Ltd. Company in 1964 and converted into Public Limited Company in 1991. Its initial public offering started in Dhaka and Chittagong stock exchange simultaneously in 1995. Their mission is to produce and provide quality & innovative healthcare relief for people, maintain stringently ethical standard in business operation also ensuring benefit to the shareholders, stakeholders and the society at large. Vision They view business as a means to the material and social wellbeing of the investors, employees and the society at large, leading to accretion of wealth through financial and moral gains as a part of the process of the human civilization. Mission Their Mission...
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...LETTER OF TRANSMITTAL August 23, 2011 Ms.Jafrin Sultana Assistant professor Department Of Business Administration Dhaka City College Dhaka-1205 Subject: Submission of Report on “Beximco Pharmaceutical Limited”. Dear Sir, We have been recommended to prepare a report on “Beximco Pharmaceutical Limited” that was assigned by the Department of Business Administration of Dhaka city College on June,2011.we are highly grateful for providing us such an opportunity to study & submit the report. This report helps us to know about the service sector in Bangladesh and the various problems and potentiality of this sector. Through this process we have tried to obtain a clear knowledge and accurate information about the pharmaceutical industry. We hope that it will help us to build up Business Leader in future and proper knowledge in our academic life. We are thanking you for your kind consideration & proper guidance to prepare this report. Sincerely, Group: Batch-9; Section-D Department of Business Administration Dhaka City College Dhaka. Nur Tamanna (On behalf of the group members) ACKNOWLEDGEMENT The project paper is essential for the business studies students and also for our job sector in future. And this particular report on Beximco Pharmaceutical Limited will very much helpful for us to develop our practical experience & expertise. It is an excellent opportunity for us to have knowledge about...
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