JOLLIBEE FOODS CORPORATION

Financial Analysis
 Table of Contents

Part I. Company Profile

Part II. Financial Statements

Part III. Financial Statement Computation

Part IV. Financial Statement Analysis

Part VI. Recommendation

Part I Company Profile
 COMPANY PROFILE
Date Founded: January 28 1978

Place Founded: Quezon City,

Philippines

Company Chairman and CEO: Tony Tan

Caktiong

Headquarters: Fifth Floor Jollibee Plaza,

Ortigas Center, Pasig, Philippines

Website: www.jollibee.com.ph
 Company Profile
a Filipino international fast growing fast
food

More than 2000 stores worldwide has been

established and has a subsidiaries in
Philippines and abroad

Jollibee also adapts an American-style fast

food restaurant with Filipino influenced
dishes

It is also considered as one of the largest

food chain in the country with international
locations
Part II Financial Statement
Income Statement
Income Statement
Cash Flow
Cash Flow
Cash Flow
Financial Position
Financial Position
Financial Position
 Part III
Financial Statement Computation
Common Size Income Statement
Common Size Income Statement
Common Size Cash Flow Statement
Common Size Cash Flow Statement
Common Size Financial Position
Common Size Financial Position
Common Size Financial Position
Profitability
Profitability
Profitability
Liquidity
Debt
Activity
Activity
Market to Book
 PART IV
FINANCIAL STATEMENT ANALYSIS

Common size
In Financial Position, 2014 Cash and cash equivalent tend to
decrease compare to the previous years but has the higher
current asset over the previous years, 2014 compare to
2013 has a lower liabilities, but in other year it 2014 is
higher, 2014 Equity tend to increase compare to 2012 but
lower compare to the previous years as the result of less
treasury and other factors, 2014has the higher Gross profit
compare to previous years but lower gross profit than 2010,
2014 has the higher Comprehensive income compare to the
previous years, Cash Flow, the income before income tax of
2014 is lower compare to 2013 and 2010 but higher
compare to 2012 and 2011 , 2014 net cash provided by
operating activities is much lower compare to the previous
year because of higher Receivable, 2014 Cash and cash
equivalent of 2014 is lower compare to its previous years.
 Profitability
Jollibee profitability getting better over the past
previous years. Jollibee have higher capacity to make
a profit over the years, In 2010, Jollibee experience
higher profitable compare to the succeeding years,
Return on total asset (ROA), it becomes higher as year
goes by, As what we have observed, 2013 and 2014
has the most improved profitability which means it
performs better and can make their business or
company be at par with other companies, Earnings
per Share increases annually also mean that it has a
higher return on its shareholders, Operating Profit
Margin, as you can see, tells us that its operating
profit changes year by year because of some
unavoidable circumstances.
 Liquidity
In current ratio, 2014 and 2013 has got better,
2014, 2013, 2011 and 2010, Jollibee can pay
its liabilities while 2012 it cant pay its liability
as the result of lower current asset, 2014 and
2013, ratio had increase resulted from higher
asset, 2012 ratio decreases resulted to higher
liability than asset. In Quick ratio, over the
years, Jollibee cant pay its liability without its
inventory, 2014 and 2013 had come close to
pay its liability, 2012 had the smallest ratio
over the years because of lower current asset.
Overall, Jollibees performance to its liquidity
tend to be better than the previous years.
 Debt Management
In Debt Ratio, over the years the ratio tend to
differ from year to year as it increase or
decrease, also, 2013 is higher compare to
other year but in 2014 it decreases. Overall,
the Jollibees debt ratio is not consistent. It is
moderate for it regains when it is realized that
the result is higher than previous year.
 Activity Ratio
Jollibee Foods Corporation tends to have lower
inventory turnover compare to other years
company. In average collection period, 2014
Jollibee have to increase its average collection
period compare to its previous years. In
average payment period, 2014 Jollibee has
higher payment period compare to 2012 and
2010 but lower compare to 2013 and 2011.
The total asset turnover of 2014 is close to
2012 but has lower than 2013 and to the
other years has a higher asset turnover.
 Market to Book
Jollibee Foods Corporations Market to Book
Ratio performs better every year.
Its price/earnings ratio increases which means
they sold products satisfactorily and their
earning gets bigger and bigger every year.
 PART V
CONCLUSION
 Conclusion
Since food is one of the ultimate needs of every person, then food
retailers will continue to grow and succeed in nourishing the needs
of its consumers. The Quick Service Restaurants (QSR) Industry is
one of the food retailers who will continue to flourish as the major
food providers for every customer, especially in the Philippines,
where majority of the total expenditures of everyFilipino goes to
food. The success of every Quick Service (fast food) restaurant
cannot solely be determined by the number of its customers, the
number of its mascot endorsers, or the variety of menu items
offered. Their performance is measured by analyzing their
financial statements to see how they manage their resources and
obligations to generateprofitable earnings for the business, the
expansion of facilities and the introduction and re-introduction of
theirbrands has enabled consumers to appreciate their products
Jollibee succeeded because of its Jollibee impressive financial
ratios. .Further improvements in its operations should be
considered together with their settlement of obligations
 PART VI
RECOMMENDATION
Recommendation
Recommendation
A. Jollibee must pay attention to its average
collection as it increase dramatically.
B. Jollibee should pay attention to its inventories
as it has increase compare previous year.
C. To pay its obligation in shorter time, Jollibee
must focus also the receivable of the company.
D. Company should try to decrease its COST OF
SALES to maximize its profitability.
E. Company avoid losses like equity to maximize
profitability.