Highlights
Task:
Background
JB Hi-Fi Limited retails home consumer products. It offers consumer electronics products and services. The company also provides mobile phones, headphones, speakers, vinyl, and collectibles and merchandise; apparel, such as t-shirts, hoodies, beanies, caps, and socks; drones, e-scooters and rideable, and car gears; smart and sport watches, activity trackers, wearables, electric toothbrushes, hair styling, men’s shavers and hair clippers, massager, blood pressure and heart rate monitors, and smart scales. In addition, it offers information technology and consulting services. As of June 30, 2021, the company sold its products through branded retail store network comprising 197 JB Hi-Fi/JB Hi-Fi Home stores in Australia; 14 JB Hi-Fi stores in New Zealand; and 105 The Good Guys stores in Australia, as well as online. JB Hi-Fi Limited was founded in 1974 and is based in Southbank, Australia.
Harvey Norman Holdings Limited engages in the integrated retail, franchise, property, and digital system businesses. Its franchises and sells products in various categories, including electrical goods, furniture, computerized communications, bedding and Manchester, kitchen and small appliances, bathroom and tiles, and carpets and floorings. The company operates 192 franchised complexes under the Harvey Norman, Domayne, and Joyce Mayne brands in Australia; and 107 company-operated stores under the Harvey Norman brand in New Zealand, Singapore, Malaysia, Slovenia, Croatia, Ireland, and Northern Ireland. The company was founded in 1982 and is based in Homebush West, Australia. General Description of Tasks “You are an assistant analyst for an investment bank. As part of a team responsible for preparing a report that sets out a complete financial analysis to the (adjusted) accounts of the above two companies, you contribute to this report by conducting the ratio and common-size analyses of the Income Statements of these companies” Files Provided on Blackboard • “Assignment_Template.xlsx” o The income statement and balance sheet of the above two companies
o Complete this spreadsheet for requirement 1 below (the financial ratio analysis part)
• JB Hi-Fi Annual Report 2020.pdf • Harvey Norman Annual Report 2020.pdf The JB Hi-Fi and Harvey Norman Annual Reports 2020 serve as background information only. You do not need to use these reports to conduct the analysis, but you may want to use them to glean any information you see useful for your analysis and interpretation in the requirement 2 below (the essay part).
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