please share what could you understand from this company's performance. an analysis if possible

Bb MF Session 1 & 2 * Content X Bb 922047 Brief Analysis_Genting.pdf X *Homework Help - Q&A from Or x CD learn-ap-southeast-1-prod-fleet02-xythos.content.blackboardcdn.com/5e2f6fa45e889/922047?X-Blackboard-Expiration=1631350800000&X-Blackboard-Signature=A9HoNhv5fGRju%2Bj8JUS3mTg2yzPcW34eBAzkBj%2BWCpM%3D&... @ J 922047 4/9 125% + Page | 4 Approved Singapore Stock Exchange listed company for coursework 1: Genting Singapore Limited Website: http://www.gentingsingapore.com/#!/en Annual Report: http://www.gentingsingapore.com/#!/en/investors/annual-reports Horizontal Analysis Increase / Percent Statement Of Comprehensive Income 2020 2019 Decrease Change (for the financial year ended 31 December 2020) $'000 $'000 over 2019 over 2019 % Revenue 1,063,749 2,480,340 (1,416,591) -57.1% Cost of sales (831,893) (1,451,319) (619,426) -42.7% Gross profit 31,856 1,029,02 (797,165) -77.59 Other operating income 12,204 14,417 (2,213) -15.39 Interest income 45,54 (34,527) -43.1% Administrative expenses (131,075) (193,806) (62,731) -32.4%% Selling and distribution expenses 17,155) (61,682 (44,527) -72.29 Other operating expenses (25,597) (4,609) 20,988 455.4% Operating profit 15,77 863,414 (747,635) -86.6% Finance costs (4,047) (20,495) (16,448) -80.39 Share of results of joint venture 1,244 3,987 (2,743 -68.8% Profit before taxation 12,976 846,906 (733,930) -86.7% Taxation 43,735 (158,302) (114,567) -72.4% Profit for the financial year 69,241 688,604 (619,363) -89.9%Bb MF Session 1 & 2 * Content X Bb 922047 Brief Analysis_Genting.pdf X *Homework Help - Q&A from Or x CD learn-ap-southeast-1-prod-fleet02-xythos.content.blackboardcdn.com/5e2f6fa45e889/922047?X-Blackboard-Expiration=1631350800000&X-Blackboard-Signature=A9HoNhv5fGRju%2Bj8JUS3mTg2yzPcW34eBAzkBj%2BWCpM% 3D&... @ J 922047 5 / 9 - 125% Page |5 Horizontal Analysis Increase / Percent Statement of Financial Position 2020 2019 Decrease Change (as at 31 December 2020) $'000 $'00 over 2019 over 2019 Non-current assets Property, plant and equipment 4,453,307 4,667,062 -213,755 -4.6% Intangible assets 131,293 152,880 -21,587 14.1% Interests in joint venture 63,483 62,239 1,244 2.0% Interests in subsidiaries 0.0% Deferred tax assets 111 276 -165 -59.89 Financial assets at fair value through profit or loss 37,916 233,251 -195,335 -83.79 Trade and other receivables 7,431 971 6,460 665.3% Total Non-current asset 4,693,541 5,116,679 -423,138 -8.3% Current assets Inventories 43,784 48,695 -4,911 -10.1% Trade and other receivables 56,143 137,454 81,311 -59.2% Cash and cash equivalents 3,994,084 3,947,250 46,834 1.2% Total Current assets 4,094,011 4,133,399 -39,388 1.0% Current liabilities Trade and other payables 343,130 489,474 -146,344 -29.9% Borrowings 3,977 3,991 -14 -0.4% Income tax liabilities 116,142 209,906 -93,764 44.7% Total Current liabilities 463,249 703,371 240,122 34.1% Net current assets 3,630,762 3,430,028 200,734 5.9% Non-current liabilities Deferred tax liabilities 225,525 231,382 -5,857 -2.5%% Borrowings 262,792 256,654 6,138 2.4% Provision for retirement gratuities 205 263 -58 -22.19 Other payables 21 817 598 -73.2% Total Non-current liabilities 488,741 489,116 -375 -0.1% Net assets 7,835,562 8,057,591 -222,029 -2.8% Equity attributable to owners of the Company Share capital 5,527,705 5,527,705 0.0% Treasury shares (23,485) (29,541) 6,056 20.59 Retained earnings 2,312,123 2,542,651 -230,528 -9.1% Other reserve 19,217 16,774 2,443 14.6% Attributable to ordinary shareholders 7,835,560 8,057,589 -222,029 2.8% Non-controlling interests 0.0% Total equity 7,835,562 8,057,591 -222,029 2.870Bb MF Session 1 & 2 * Content X Bb 922047 Brief Analysis_Genting.pdf X *Homework Help - Q&A from Or x J CD learn-ap-southeast-1-prod-fleet02-xythos.content.blackboardcdn.com/5e2f6fa45e889/922047?X-Blackboard-Expiration=1631350800000&X-Blackboard-Signature=A9HoNhv5fGRju%2Bj8JUS3mTg2yzPcW34eBAzkBj%2BWCpM% 3D&... @ 922047 6 /9 150% Page | 6 Vertical Analysis Statement Of Comprehensive Income 2020 % over 2019 % over ( for the financial year ended 31 December 2020) $'000 Revenue $'000 Revenue Revenue 1,063,749 100% 2,480,340 100% Cost of sales (831,893) 78% 1,451,319) -59% Gross profit 231,856 22% 1,029,021 41% Other operating income 12,204 1% 14,417 1% Interest income 15,546 4% 80,073 3% Administrative expenses (131,075) -12% (193,806) -8% Selling and distribution expenses (17,155) -2% (61,682 -2% Other operating expenses (25,597) -2% (4,609) 0% Operating profit 115,779 11% 863,414 35% Finance costs (4,047 0% (20,495) -1% Share of results of joint venture 1,244 0% 3,987 0% Profit before taxation 112,976 11% 846,906 34% Taxation (43,735) -4% (158,302) -6% Profit for the financial year 69,241 7% 688,604 28%Bb MF Session 1 & 2 * Content X Bb 922047 Brief Analysis_Genting.pdf X *Homework Help - Q&A from Or x CD learn-ap-southeast-1-prod-fleet02-xythos.content.blackboardcdn.com/5e2f6fa45e889/922047?X-Blackboard-Expiration=1631350800000&X-Blackboard-Signature=A9HoNhv5fGRju%2Bj8JUS3mTg2yzPcW34eBAzkBj%2BWCpM% 3D&... @ J 922047 719 125% + Page |7 Vertical Analysis Statement of Financial Position 2020 % over 2019 % over (as at 31 December 2020) $'000 Total Assets $'000 Total Assets Non-current assets Property, plant and equipment 4,453,307 50.7% 4,667,062 50.5% Intangible assets 131,293 1.5% 152,880 1.7% Interests in joint venture 63,483 0.7% 62,239 0.7% Interests in subsidiaries 0.0% 0.0% Deferred tax assets 11 0.0% 276 0.0% Financial assets at fair value through profit or loss 37,916 0.4% 233,251 2.5% Trade and other receivables 7,431 0.1% 971 0.0% Total Non-current assets 4,693,541 53.4% 5,116,679 55.39 Current assets Inventories 43,784 0.5% 48.695 0.5% Trade and other receivables 56,143 0.6% 137,454 1.5% Cash and cash equivalents 3,994,084 45.5% 3,947,250 42.7% Total Current assets 4,094,011 46.6% 4,133,399 44.7% Total Assets 8,787,552 9,250,078 Current liabilities Trade and other payables 343,130 3.9% 189,474 5.3 Borrowings 3,977 0.0% 3,991 0.0% Income tax liabilities 116,142 1.3% 209,906 2.3% Total Current liabilities 463,249 5.3% 703,371 7.6% Non-current liabilities Deferred tax liabilities 225,525 2.6% 231,382 2.5% Borrowings 262,792 3.0% 256,654 2.8% Provision for retirement gratuities 205 0.0% 263 0.0% Other payables 219 0.0% 817 0.0% Total Non-current liabilities 488,741 5.6% 189,116 5.3% Net assets 7,835,562 89.2% 8,057,591 87.1% Equity attributable to owners of the Company Share capital ,527,705 62.9% 5,527,705 59.8% Treasury shares (23,485) -0.3% (29,541) -0.3% 8 Retained earnings 2,312,123 26.3% 2,542,651 27.59 Other reserve 19,217 0.2% 16,774 0.2% Attributable to ordinary shareholders 7,835,560 89.2% 8,057,589 87.1% |Non-controlling interests 0.0% 0.0% Total equity 7,835,562 89.2% 8,057,591 87.1%