task isto prepare a report on the Analysis of Financial Statements for Hero Motor Corporation (NSE: HeroMotocorp). (at least 10-year data required).
task isto prepare a report on the Analysis of Financial Statements for Hero Motor Corporation (NSE: HeroMotocorp). (at least 10-year data required).
Using annual reports, other background information on the website of the selected company, corporate database (Capitaline or Prowess, etc), and fieldwork, your task is to prepare a comprehensive report encompassing the following:
1.Common-Size Income Statement and Balance Sheet
2. Comment on the liquidity position of the company
3. Comment on the solvency position of the company
4. Comment on the Profitability position of the company
5. Economic Value Added
6. Market Value added
7. Debt Investor Perspective analysis (Leverage Ratios)
8. Equity Investor Perspective analysis
9. Any other financial statement analysis issuesthat you feel to be included
0-6358580018000
HERO MOTOR CORP FINANCIAL STATEMENT ANALYSIS
LEENET ContactCommon-Size Income Statement and Balance Sheet :Common-Size Income Statement and Balance Sheet
Comment on the liquidity position of the company
Comment on the solvency position of the company
Comment on the Profitability position of the company
Economic Value Added
Market Value addedDebt Investor Perspective analysis (Leverage Ratios)
Equity Investor Perspective analysis
Any other financial statement analysis issuesthat you feel to be included
Financial Statement Analysis
Background
Hero Moto Corp (Hero) is Indias leading two-wheeler (2W) manufacturer. In FY23, Hero manufactured xxx nos of 2W units of which xxx where exported. In this comparison, Bajaj Auto Ltd. (Bajaj) manufactured xxx and TVS Motors Ltd (TVS) manufactured xxx.
Founded in 1984 as Hero Honda Motors Ltd., Hero was a joint venture between Hero Cycles Ltd and Japan based Honda Motor Co. Ltd. Hero was founded by Mr. Brijmohan Lall Munjal.
Financial Analysis
Hero posted a revenue of INR XXX in FY23 compared to INR xxx in FY22. During the same period Bajaj posted a revenue of INR xxx and TVS posted INR XXX in FY23.
In FY21, the company saw a sharp decline of the top line because of the COVID-19 induced pandemic. The company has since rebounded on the back of strong domestic and export demand.
Table from SIAM
