Liquidity Ratio

a) Current Ratio =




b) Acid Test Ratio =



Profitability Ratio
a) Return on Equity =

b) Return on Total Assets =




c) Return on Revenue =

Operating Profitability
a) Operating Return on Assets =

b) Operating Profit Margin =

Financial Leverage Ratio
a) Debt Equity Ratio =



Performance Ratio
Earnings Per Share =




MALAYSIA BUILDING SOCIETY BHD
Analysis 2012 2011 2010 2009 2008
Current Ratio 1.167 1.205 1.131 1.206 1.074
Acid Test
Ratio
1.182 1.204 1.148 1.201 1.118
Return on
equity
0.725 0.660 1.028 0.440 0.306
Return on
Total Assets
0.042 0.044 0.034 0.027 0.022
Return on
Revenue
0.598 0.602 0.559 0.521 0.405
Operating
Return on
Assets
0.025 0.025 0.017 0.008 0.009
Operating
Profit Margin
0.358 0.337 0.272 0.171 0.158
Debt Equity
Ratio
16.452 14.028 29.196 15.040 12.661
Earnings Per
Share
9.70 8.87 4.27 (4.45) 5.58

The analysis above shows a good and consistent liquidity ratio where the liquidity of the
company is considered good as the ratio are all above 1.00. For profitability ratio, the return
on equity is considered better than return in revenue and total assets as the ratio is close to
1.00. From the ratio above also we can see that the debt to equity ratio is not consistent
over the five years. This pattern is not quite good for credit analysis.

RHB CAPITAL BHD
Analysis 2012 2011 2010 2009 2008
Current Ratio 3.495 2.844 2.588 2.723 2.985
Acid Test
Ratio

Return on
equity
0.078 0.050 0.078 0.030 0.025
Return on
Total Assets
0.056 0.033 0.048 0.019 0.017
Return on
Revenue
0.817 0.673 0.757 0.557 0.502
Operating
Return on
Assets
0.049 0.030 0.046 0.016 0.013
Operating
Profit Margin
0.726 0.613 0.724 0.477 0.399
Debt Equity
Ratio
0.401 0.542 0.629 0.580 0.504
Earnings Per
Share
79.0 77.5 66.0 55.8 48.7

The analysis above shows a good and consistent liquidity ratio where the liquidity of the
company is considered very good as the ratio are all above 1.00 and this shows that the
company can has high liquid credit. For profitability ratio, the return on equity is considered
better than return in revenue and total assets as the ratio is close to 1.00 and the operating
return on assets shows a poor ratio. From the ratio above also we can see that the debt to
equity ratio is not consistent over the five years. This pattern is not quite good for credit
analysis.

MALAYSIAN RESOURCES CORP BHD
Analysis 2012 2011 2010 2009 2008
Current Ratio 3.841 3.340 2.285 1.629 0.861
Acid Test
Ratio
3.817 3.319 2.271 1.615 0.854
Return on
equity
0.082 0.046 0.031 0.042 0.076
Return on
Total Assets
0.054 0.028 0.017 0.017 0.031
Return on
Revenue
0.472 0.211 0.115 0.061 0.111
Operating
Return on
Assets
0.038 0.024 0.021 0.024 0.033
Operating
Profit Margin
0.336 0.182 0.142 0.086 0.116
Debt Equity
Ratio
0.519 0.621 0.823 1.433 1.444
Earnings Per
Share
4.000 7.000 5.000 5.000 (6.000)

The analysis above shows a good and consistent liquidity ratio but the ratio is decreasing
over the years where the liquidity is decreasing and this is not for the company. For
profitability ratio, the return on revenue is considered better than return in equity and total
assets as the ratio is close to 1.00 and the operating return on assets shows a poor ratio.
From the ratio above also we can see that the debt to equity ratio is increasing over the
period.


ALLIANCE FINANCIAL GROUP BHD
Analysis 2012 2011 2010 2009 2008
Current Ratio 414.344 4.033 4.012 3.100 1.997
Acid Test
Ratio

Return on
equity
0.148 0.079 0.074 0.069 0.060
Return on
Total Assets
0.147 0.079 0.055 0.052 0.059
Return on
Revenue
20.543 7.943 7.703 28.515 10.065
Operating
Return on
Assets
0.145 0.058 0.053 0.050 0.546
Operating
Profit Margin
20.150 7.688 7.387 2.755 9.199
Debt Equity
Ratio
0.002 0.330 0.332 0.334 0.203
Earnings Per
Share
31.5 26.7 19.7 14.9 25.4

The analysis above shows a good and consistent liquidity ratio but the ratio is decreasing
over the years where the liquidity is decreasing and this is not for the company but it also
shows an issue in the year 2012 where the all the ratio is different in the year 2012. For
profitability ratio, the return on revenue is considered better than return in equity and total
assets as the ratio are all more than 1.00 and the operating return on assets shows a poor
ratio. From the ratio above also we can see that the debt to equity ratio is decreasing over
the period.

UMW HLDGS BHD
Analysis 2012 2011 2010 2009 2008
Current Ratio 1.737 1.727 1.772 2.073 1.608
Acid Test
Ratio
1.240 1.237 1.271 1.334 1.013
Return on
equity
0.298 0.225 0.229 0.158 0.233
Return on
Total Assets
0.159 0.119 0.121 0.088 0.137
Return on
Revenue
0.012 0.093 0.094 0.073 0.084
Operating
Return on
Assets
0.170 1.294 0.131 0.096 0.163
Operating
Profit Margin
0.127 0.101 0.010 0.079 0.100
Debt Equity
Ratio
0.878 0.890 0.903 0.700 0.700
Earnings Per
Share
14.53 26.11 21.17 0.74 (0.22)

The analysis above shows a good ratio but is not consistent over the years and this is not
quite good for credit analysis as it will make the party hard to predict the future financial
position. For profitability ratio, the return on equity is considered better than return in
revenue and total assets as the ratio are all close to 1.00 and the operating return on assets
shows a poor ratio. From the ratio above also we can see that the debt to equity ratio is not
consistent over the years over the period.