Financial Analysis of Samsung

Financial Analysis of Samsung In todays era of digital there are companies drifted towards the digital technology. The company Samsung has made his position in the market by themselves and now days recognised as the most innovative and good quality brand in the sector of electronic industry. The Samsung follow the policy of we will devote out human resources and technologies to create superior products and services thereby contributing a better global society. In this assignment there is financial analysis of the Samsung Company in relation to the last five years summary. The various aspects are discussed critically in this assignment work. In addition to this there is comparison of the Samsung Company with respect to the Nokia Company a big rival of the Samsung Company in the market. There is comparison of the financial positions of both of the companies to make the differentiation between their strategies so they in future they can be benefited by this. Introduction to Samsung Company The Samsung Company is famous company in the area of electronic industry. This company was established in 1969 in Taegu, Korea. The founder of this company was Byung Chull Lee. At the very first time the company has started business with the manufacturing of Black and White TVs. At the early period of time the company was at the steady growth and after the end of year 2004 the company has got about the sale of  £52 billion and has assets about  £38 Billion. At this time the company had employed approximately 113 thousand at the worldwide. In this year the company got the competitive advantage too as it go ahead to its competitive rivals like Kodak, Philips, and Panasonic etc. (Barney and Hesterly, 2008, PC-2 -1). At that time the company involved in the manufacturing of TVs, Computers and Av equipments, Mobile Phones, Networking Equipments, LCD Screens, Notebook computers, Laptops, HDTVs , Washing Machines and other electronic equipments etc. (Barney and Hesterly, 2008, PC-2 -6) . According to the company the success they achieved is purely depend on their contribution that how they manage their company in an effective way by considering the things like contribution to society and mutual prosperity at the worldwide level among the people. The chairman of the company has told that the group of Samsung always guide their employees to pat emphasise over the efficiency and design of the products. Under the observation of the formal chairman the company able to attain the leading position in the electronic market (Barney and Hesterly, 2008, PC-2 -6). In relation to this the below diagram has shown the organisational structure of the company. Financial Analysis of the Company (Samsung) The Samsung is continued to grow and gain profit in the market at high rate. From the financial statement of the last five years of the company has clearly showed that how the company is on the track of the progress. From year 2005 to 2010 there is increase in the net profit of the company. For the year 2005 the company has gained the profit with 31 % but in the next year it was decreased by 1 % and become 30% then for the coming consecutive years there is decrease as that was recession period but still in recession it made the profit of 28% in both 2007 and 2008. For the further improvement in next year of 2009 there is total gross profit is by 33.5 % and fro the next and present year of 2010 the company has the highest profit of 35.3 % as a gross profit of the company. From the financial statement given in the appendixes it is clear that the company has got the improvement in last five years. Till year 2010 there is total assets of the company are 125,677 billion as Korean KRW. Source http://www.corporateinformation.com/Company-Snapshot.aspx?cusip=C410P0400 Ratio Analysis of the company Samsung The following table show the ratios for the company over last five years. The different ratios find in the table are ROE in which there are ratios of Profitability, assets turnover ratio and leverages are included and there is average ration of ROE is given. For the next there is Debt/ equity ratio for the five years followed by the Net debt/equity ratio and in the last column there is total earnings per share are given. The ratios are calculated from the balance sheet and income statements for the last five years of the company. The ratios calculated are shown in the following table for the years 2005-2010. Introduction to Nokia The company Nokia has started in year 1856 at the banks of Nokianvirta River. The company at that time is major force in the industry. After that it undergoes merger with Cable Company to enter into the market of electronic by the name of Nokia Corporation. The new company successfully entered into the market and play a pioneering role in the area of mobile communications. Due to the globalisation the company soon grow at fast pace and there is good position attained by the company. The most strategic decision taken by the company was in 1992 that to concentrate on the telecommunication business only. At present the Nokia Corporation  is engaged in the business of communication and manufacturing of the mobile. This company is at the number one position in the market. The company had over 123000 employees at present working in the company. The company has its roots in 120 countries of the world. The annual sale of the company is 41 Euro billion and has profit about 1.2 euro Billion as on the year of 2009. This company is recognised as the worlds largest manufacturer of mobile phones and even it provides the navigation system too in addition. The market shares of the company was 30% of the global market in the third quarter of year 2010 operating profit of à ¢Ã¢â‚¬Å¡Ã‚ ¬1.2 billion as of 2009. It is the worlds largest manufacturer of  mobile telephones: its global device  market share  was 30% in the third quarter 2010, but this value is less than to year 2009 when it was 34 %. The Nokia is continuing to growing by introducing advance technology accordin g to the global needs of the society and market. Financial analysis of Nokia For the financial analysis of Nokia there is consideration of the annual statements for the last five years of Nokia and also there is consideration of the balance sheet of the Nokia for the last five years from 2005- 2009. The following table is formulated for the explanation purpose to analyse the financial position of the company. Ration Analysis of Nokia The following table shows the ratio analysis of the company on the bases of above table which represents the overall financial statement of the company. From above table of ratios it has been seen that there is deterioration in the ROE ratios from 2007 to 2008 and from 2008 to 2009. There is also deterioration in the ROA ratio with the same pace. Comparison of Nokia and Samsung The both companies are reputed companies in the mobile sector. The Nokia is leading than the Samsung Company. At present the nokia is number one company but there is deterioration in the sales of the company and even in the ratios of the company if it continues it will be hard for the company to compete with its rivals. On the other hand the company Samsung is continue to grow. There is continue growth has seen in the company. As from the financial analysis of the company and the ratios calculated it has seen that at present the company has raised itself from the 15th position to the 5th position and this is milestone in the history of telecommunication industry. The company is continuing on this track to progress. The following presentation shows the comparison between these two companies. Nokia 2009 Samsung 2009 Position in Market 1st 5th Operating income ( 1716) 8973 Net profit 0.63 % 15.4% From above table it is clear that Samsung is making profit regularly. On the other hand there is continues deterioration in the Nokia from last four consecutive years. Vendor Conclusion From the above report it is concluded that the financial analysis is very important for the companies in every field. This is useful in find out the level of company and moreover this is useful in having comparison with the other companies so that for the future welfare possible steps should be taken. The financial analysis make the company knows about the finance they have to spend and where they need to spend this. This even gives the evaluation for the profit and loss for the company.

American Indian Education Essay

In this article the author argues that the American government should provide the Indian society the opportunity to create their own institution, for further education. He believes the American culture is being forced upon Indian society through education. Arthur C Parker believes in further education, as he himself is a no graduate from Dickinson Seminary. In his experience, Indian Students are being taught to assimilate to common American culture, while disregarding there own family tree. He states that by placing an Indian University, students would be granted the opportunity to further there education, as well as, the opportunity to embrace there own culture. Based upon Indian culture, Indians will be able to expand there education at a superior level, while never being forced to be similar to the white race. The American Indian wouldn’t be no less than an American, now be treated any differently, but he believed that the Indian had the opportunity to be granted the same education. Furthermore, he feels like no other Indian should be left out of the proper education they deserve. In conclusion, Arthur C. Parker strongly stands up for his believes, and does bend his head in shame, he is proud to be and Indian. Considering the time frame, 1913, where America is a developing nation of many cultures, the brining of a single race institution would cause a big controversy. America is known as the â€Å"Melting Pot†, where there is a variety of different cultures. To one, this article will seem to be talking back to American society. Parker has a strong believe and feels like this will improve the Indians education. I believe that he is so passionate for the American Indian University because he did not have the opportunity to complete his education, probably because he didn’t feel comfortable in his learning environment. In my perspective, this article is important, but nothing extraordinary from modern days, this issue continues with other races. The opportunity to have a single race intuition would’ve meant that every single race would have that same right, one has to be accustomed to what America is, as of today, a mixture of many cultures and beliefs. In my opinion, any student who believes, and want a higher education, will do so in any environment they are in.

Left Turning Tendencies

We know the four basic forces that act on an aircraft that make it fly. There are however a combination of physical and aerodynamic forces that contribute to a left-turning tendency in propeller driven airplanes. The forces of P-factor, torque, slipstream, and gyroscopic precession all work to create a left-turning tendency during high-power, low-airspeed flight. P-Factor is a force from the propeller. It is also known as Asymmetrical Thrust. When you are flying an airplane at high angles of attack, the descending blade (right side) of the propeller takes a greater †bite† of air than the ascending blade(left side). This then causes the airplane to yaw to the left about the vertical axis. P-Factor is most pronounced when the engine is operating at a high power setting, and when the airplane is flown at a high angle of attack. In level flight, P-Factor is not apparent, since both the ascending and descending blades have almost the same AoA and are approximately creating the same thrust. Torque is greatest at low airspeeds, high power settings, and high angels of attack. Torque is better remembered by knowing Newton’s third law of motion. â€Å"For every action there is an equal and opposite reacion. † Most single engine aircraft where the motor is mounted on the front, the propeller rotates clockwise when viewed form the cockpit. When the engine puts a force on the propeller turning it to the right, the airplane reacts and rolls in the opposite direction about the longitudinal axis. As the propeller creates thrust and produces a backwards flow of air, or slipstream, the air â€Å"wraps† around the airplane. Since there is a clockwise rotation of the propeller, the resultant slipstream flows over the top of the fuselage back around and underneath, then comes around to strike the left side of the vertical stabilizer. Which then yaws the aircraft to the left. As airspeed is increased, the slipstream tends to â€Å"stretch† out and the left turning force is less apparent. The propeller on an airplane can be compared to a gyroscope – rigidity in space and precession. The characteristic that produces a left-turning tendency is precession. Gyroscopic Precession can be defined as the resultant reaction when a force is applied to a rotating disc. When a force is applied to say the top of the disc, the reaction then is moved in the direction of rotation and approximately 90 degrees ahead of the point where the force is applied. Clockwise turning propellers, when this force is in effect, will yaw the airplane to the left. The effects will be experienced when the aircrafts attitude is changed. This force is not so apparent on tricycle landing gear aircraft, but on tail wheel airplanes, when on takeoff roll as the tail is raised the precession is greatest. Remember that these four left-turning tendencies in propeller driven aircraft, torque, gyroscopic precession, asymmetrical thrust (p-factor), and spiraling slipstream, have their greatest effect during high power, low-airspeed flight conditions. A good and thorough understanding of the effects can help you anticipate and correct for their effects. ———————– [pic] [pic] [pic] [pic] [pic] [pic]

Two or Three Things I Know for Sure - 1071 Words

Two or Three Things I Know For Sure Allison illuminates the fact that we as women must appreciate each other and our beauty before we can truly cherish other forms of beauty around us. Two or three things I know for sure, and one of them is that of we are not beautiful to each other, we cannot know beauty in any form(86). We are so conditioned to see female beauty as what men see as beautiful, that we don t even know what it means to us. If we can get to the point where women feel beautiful even if they don t fit the societal ideal, it will allow us to open our minds to all other forms of beauty. Morgan asserts in her article, Women and the Knife, Rather than aspiring to self-determined and women-centered ideals of†¦show more content†¦Society now believes it is perfectly acceptable to tell women they must look flawless, and even to advertise how to achieve this. The website also examines the different kinds of makeup they offer, and each one supposedly offers not only to enhance your natural features, but more so to change or hide them. For example, the lip liner can ...change the size and shape of the lips...and also camouflage facial lines surrounding the lip as a result of aging. Aging in women has never been seen as a beautiful process. Allison says of her aging sister, I thought she was beautiful. I think she still is (79). While Allison is at her sister s home, she also speaks with her niece. She tells her that, ...she was so beautiful people said the sun shone brighter when she walked out in the day. They said the moon took on glitter when she went out in the night(85). She then runs her hand along both her sister s and her nieces face and jaw line, and tells her That s the mark of the beautiful Gibson women, you both have it(86). We must be able to be beautiful to each other. 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