COMPARATIVE FINANCIAL RATIO ANALYSIS OF COMPANIES IN THE STOCK EXCHANGE OF THAILAND, A CASE STUDY: AUTOMOTIVE PARTS MANUFACTURING COMPANIES.

Article Sidebar

PDF
Published: Jun 1, 2021
Keywords:
Financial Ratio Analysis Investment Automotive parts manufacturing Industry

Main Article Content

Sombat Teekasap
Faculty of Science and Technology, Thonburi University
Suwanna Taeng-on
Department of Industrial Business Administration and Trade, Faculty of Business Administration and Service Industry, King Mongkut’s University of Technology North Bangkok
Nantawan Keowsiri
Department of Industrial Business Administration and Trade, Faculty of Business Administration and Service Industry, King Mongkut’s University of Technology North Bangkok
Thikamporn Thaweedet
Department of Industrial Business Administration and Trade, Faculty of Business Administration and Service Industry, King Mongkut’s University of Technology North Bangkok

Abstract

This research deployed a secondary documentary method with the aim to compare; Liquidity, Efficiency, Leverage and Profitability; between companies in Automotive parts manufacturing industry group for investment decision information calculation. Financial statements report during the period of 2013 - 2018 was collected from The Stock Exchange of Thailand website and analyze by Ratio Analysis and Vertical Analysis. The results revile that: the company A showed better operation performance than the other two companies on higher liquidity, ability to make a revenue form assets investment, effective debt management to make the company stable, increased net profit. So, this company was interest to investment.

Article Details

Issue
Vol. 16 No. 1 (2021): January - June 2021
Section
บทความวิจัย (Research Article)

Each publish articles were copyright by Phranakorn Rajabhat University

Any contents which appeared in each articles in the journal were authors personal opinion. It did not relate to Phranakorn Rajabhat University and other instructors in the university. Each authors would take responsibility on their articles. If there are any mistake, the authors will take responsibility themselves

References

Fiscal Policy Office, Ministry of Finance. (2021). What are stocks markets and stocks? Why should I invest in a Stock market? Retrieved January 3, 2021 from FPOhttp://www.fpo.go.th

https://www.lhfund.co.th efinancethai.com.

Konpakanpai. (2019). Savings planning. Retrieved August 6, 2019 from www.konpakanpai.com.

Kulwisut, A. (2015). Lack of liquidity. Retrieved December, 2019 from http://enzineeiei.blogspot.com

Land and House Fund management Co., Ltd. (2019). The interest of small caps stocks. Retrieved August 6, 2019 from Office of the National Economics and Social Development Council. (2021). Economic news. Retrieved February 14, 2021 from https://www.nesdc.go.th

Prachachat. (2017). Guidelines for promoting savings in the whole system. Retrieved August 6, 2019 from www.prachachat.net

Sektrakul, K. (2013). Analysis of financial statements. Retrieved August 6, 2019 from http://www.set.or.th

Sribunnak, V. (2019). Financial Statements Analysis: Financial statements and investment decisions. Retrieved August 6, 2019 from https://www.set.or.th.

The Stock Exchange of Thailand. (2021). Techniques for analyzing financial statements of listed companies. Corporate Communications Department. The Stock Exchange of Thailand. Retrieved January 15, 2021 from https://www.settrade.com

Yongpisanphob, W. (2017). Business / Industry Outlook for 2017-2019. Auto-Parts Industry 2017. Retrieved August 9, 2019 from www.Krungrei.com.