Advanced Search
MyIDEAS: Login

Comparison Of Malaysia Manufacturing Companies By Financial Statement Analysis Tools

Contents:

Author Info

  • MALEK, Afagh
  • MOHAMMADI, Maryam
  • NASSIRI, Fardokht
Registered author(s):

    Abstract

    One of the best ways to get the expected results from trading in the stock market is to acquire a good evaluation of companies’ performance. Similarly, this study aims at comparing the financial performance of Lb Aluminium Berhad and Seal Incorporated Berhad manufacturing companies, which are listed in the main market of Malaysian stock exchange. The data were gathered from the annual reports of companies during last three years and analysed by financial statement analysis tools, which are financial ratio analysis and comparative financial statement analysis. The results of the study show that both companies have enough attractiveness for share traders, but the Lb Aluminium is more preferred by management and investors while the Seal Incorporated Berhad is performing better from competitors and creditors’ points of view. The findings of the study will help companies to judge their present condition and take decisions about their future steps while taking into consideration financial issues. In order to get a broader view and generalized idea about the financial issues of companies the nature of business and industry average should be taken into consideration. A survey based study is suggested to clarify whether market test or profitability ratios have more significant relationship with companies’ performance from share traders’ point of view.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://academica.udcantemir.ro/wp-content/uploads/article/economica/e1/E1A12.pdf
    Download Restriction: no

    Bibliographic Info

    Article provided by Dimitrie Cantemir University, Faculty of Economical Science in its journal Academica Science Journal - Economica Series.

    Volume (Year): 1 (2012)
    Issue (Month): 1 (November)
    Pages: 89-94

    as in new window
    Handle: RePEc:tig:journl:v:1:y:2012:i:1:p:89-94

    Contact details of provider:

    Related research

    Keywords: financial statement analysis; stock market; industrial products;

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Naser, Kamal & Nuseibeh, Rana, 2003. "Quality of financial reporting: evidence from the listed Saudi nonfinancial companies," The International Journal of Accounting, Elsevier, vol. 38(1), pages 41-69.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:tig:journl:v:1:y:2012:i:1:p:89-94. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Maria Oroian).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.