IN AaBbCcDdEe AaCeDdEe AaBbCcDc Aa Heading 1 Normal No Spacing H LUS Sheikha Fashion Store is a Corporation with a focus on Clothing/Textile manufacturing in the UAE. Sheikha Fashion needs to be evaluated by an investment analyst in order to qualify for future finances from the bank. You are the investment analyst whose required to evaluate Sheikha Fashion store on three of the five parameters given below and explain in detail, which area of the business is strong or weak using the ratios you think will fit. a. Liqi Multilevel List b. Capital Structure c. Asset Management Efficiency d. Profitability and e. Market Value Ratios [6 marks] You can pick any three areas of the business mentioned above and conduct your analysis. Ratio selection is your choice as well but remember the more ratios you choose in each business area.the better. You are also required to write down a detailed recommendation/or suggestion for Sheikha Fashion, and how they can improve in future. [4 marks] Sheikha Fashion currently has 1.5 billion shares outstanding with the dividend announced for the current year (2019) at AED 25 million and last year (2018) the dividend announced was at AED 32 million for the entire group. The opening share price of Sheikha Fashion on 30 December 2020 was AED 2,514 and AED3,104.8 on 30 December 2019. NOIA MUSEEN UAEU Cheer Case Study Combined statement of profiter loss and other comprehensive income for the year anded December 31, 2059 Al figures are in Net 2019 2018 Revenue 58.221.4 87871112 Cost of sales 3 (52.387.6071 (79.50491 Gross profit 5.254.261 Salary and benefits 1975. 157) Rent 1261,721 1270010 Administrative 2014 1331.000 Amortisation angles 453,500) 14515001 Depreciation 41621) 1411 Baddes HO Allowance for impairment of inventory 0 1572.6641 Operating prom 6301210 Other 10 1.750.000 1.275,561 Finance income 11 73.842 36,613 Finance costs 12 1146.845 ) 211,671) Total comprehensive Income for the year 1827152 These combined francial statemente en mees 5 10 33 are proud on December 21, 2000 and siped on behalf of the Directory Focus MacBook Pro 7 2 DIO o & % 5 0 6 7 7 V 8 A 9 9 D w Combined statement of financial position as at December 31, 2019 All figures are expressed in UAE Dirhams Note ASSETS 2019 2018 Non-current assets Property, plant and equipment Intangible assets Total non-current assets 12 233,142 0 73,334 451.500 524,834 233,142 Current assets Inventories Trade and other receivables Cash and bank balances Total current assets Total assets 13 14 15 0 29,784,979 9,041,147 38,826,125 39,059,268 186,975 34,776,346 5,191,172 40,154,493 40,679,327 100 EQUITY AND LIABILITIES Equity Equity attributable to shareholders Share capital Statutory reserve Retained earnings Equity attributable to shareholders Other funds from shareholders Due to shareholders Loan from shareholders Total other funds from shareholders Total equity 900,000 350,000 5,827,152 7,077,152 900,000 350,000 7,907, 114 9.157,114 16 17 26.842,579 2,444.975 29,287,658 23,454,033 2.444.979 25.899,012 35,056.126 35,364,810 (Combined statement of financial position continued...) NOA MUST Focus MacBook Pro And Econom Case Study Combined statement of financial position as at December 31, 2019 (continued) All figures are expressed in UAE Dirhams Note 2019 2018 Liabilities Non-current liabilities Finance lease liabilities Total non-current liabilities 19 176,445 175,445 49,801 49,801 Current liabilities Bank borrowings Trade and other payables Finance lease liabilities Total current abilities Total liabilities Total equity and liabilities 18 20 19 1,155,418 1,284,732 77,863 2,518,013 2.694.458 39,059,260 4,100,376 1,444,224 28.800 5.573,400 5.623,201 40,679,327 NIDA MURIRN FO MacBook Pro I . : IN AaBbCcDdEe AaCeDdEe AaBbCcDc Aa Heading 1 Normal No Spacing H LUS Sheikha Fashion Store is a Corporation with a focus on Clothing/Textile manufacturing in the UAE. Sheikha Fashion needs to be evaluated by an investment analyst in order to qualify for future finances from the bank. You are the investment analyst whose required to evaluate Sheikha Fashion store on three of the five parameters given below and explain in detail, which area of the business is strong or weak using the ratios you think will fit. a. Liqi Multilevel List b. Capital Structure c. Asset Management Efficiency d. Profitability and e. Market Value Ratios [6 marks] You can pick any three areas of the business mentioned above and conduct your analysis. Ratio selection is your choice as well but remember the more ratios you choose in each business area.the better. You are also required to write down a detailed recommendation/or suggestion for Sheikha Fashion, and how they can improve in future. [4 marks] Sheikha Fashion currently has 1.5 billion shares outstanding with the dividend announced for the current year (2019) at AED 25 million and last year (2018) the dividend announced was at AED 32 million for the entire group. The opening share price of Sheikha Fashion on 30 December 2020 was AED 2,514 and AED3,104.8 on 30 December 2019. NOIA MUSEEN UAEU Cheer Case Study Combined statement of profiter loss and other comprehensive income for the year anded December 31, 2059 Al figures are in Net 2019 2018 Revenue 58.221.4 87871112 Cost of sales 3 (52.387.6071 (79.50491 Gross profit 5.254.261 Salary and benefits 1975. 157) Rent 1261,721 1270010 Administrative 2014 1331.000 Amortisation angles 453,500) 14515001 Depreciation 41621) 1411 Baddes HO Allowance for impairment of inventory 0 1572.6641 Operating prom 6301210 Other 10 1.750.000 1.275,561 Finance income 11 73.842 36,613 Finance costs 12 1146.845 ) 211,671) Total comprehensive Income for the year 1827152 These combined francial statemente en mees 5 10 33 are proud on December 21, 2000 and siped on behalf of the Directory Focus MacBook Pro 7 2 DIO o & % 5 0 6 7 7 V 8 A 9 9 D w Combined statement of financial position as at December 31, 2019 All figures are expressed in UAE Dirhams Note ASSETS 2019 2018 Non-current assets Property, plant and equipment Intangible assets Total non-current assets 12 233,142 0 73,334 451.500 524,834 233,142 Current assets Inventories Trade and other receivables Cash and bank balances Total current assets Total assets 13 14 15 0 29,784,979 9,041,147 38,826,125 39,059,268 186,975 34,776,346 5,191,172 40,154,493 40,679,327 100 EQUITY AND LIABILITIES Equity Equity attributable to shareholders Share capital Statutory reserve Retained earnings Equity attributable to shareholders Other funds from shareholders Due to shareholders Loan from shareholders Total other funds from shareholders Total equity 900,000 350,000 5,827,152 7,077,152 900,000 350,000 7,907, 114 9.157,114 16 17 26.842,579 2,444.975 29,287,658 23,454,033 2.444.979 25.899,012 35,056.126 35,364,810 (Combined statement of financial position continued...) NOA MUST Focus MacBook Pro And Econom Case Study Combined statement of financial position as at December 31, 2019 (continued) All figures are expressed in UAE Dirhams Note 2019 2018 Liabilities Non-current liabilities Finance lease liabilities Total non-current liabilities 19 176,445 175,445 49,801 49,801 Current liabilities Bank borrowings Trade and other payables Finance lease liabilities Total current abilities Total liabilities Total equity and liabilities 18 20 19 1,155,418 1,284,732 77,863 2,518,013 2.694.458 39,059,260 4,100,376 1,444,224 28.800 5.573,400 5.623,201 40,679,327 NIDA MURIRN FO MacBook Pro I