Retailing

The industry group, Retailing, contains the industries:

and has the constituents:

Comparative Analysis

Income Statement

($'M) 2020 2021 $ Change % Change
Revenue 30,846.0 33,941.0 3,095.0 10.0
Less: Cost of Goods Sold -24,732.0 -26,917.0 -2,185.0 8.8
Gross Profit 55,578.0 60,858.0 5,280.0 9.5
Less: Operating Costs -3,370.0 -3,307.0 63.0 -1.9
Operating Profit 58,948.0 64,165.0 5,217.0 8.9
Less: Financing Costs -370.0 -344.0 26.0 -7.0
Earnings Before Tax 59,318.0 64,509.0 5,191.0 8.8
Less: Income Tax -752.0 -993.0 -241.0 32.0
Net Profit 60,070.0 65,502.0 5,432.0 9.0

Balance Sheet

($'M) 2020 2021 $ Change % Change
Current Assets 8,064.0 9,096.0 1,032.0 12.8
Non Current Assets 17,361.0 17,118.0 -243.0 -1.4
Assets 25,425.0 26,214.0 789.0 3.1
Current Liabilities 7,270.0 7,915.0 645.0 8.9
Non Current Liabilities 8,811.0 8,584.0 -227.0 -2.6
Liabilities 16,081.0 16,499.0 418.0 2.6
Equity 9,344.0 9,715.0 371.0 4.0

Cash Flow Statement

($'M) 2020 2021 $ Change % Change
Cash Flow from Operating Activities 4,546.0 3,383.0 -1,163.0 -25.6
Cash Flow from Financing Activities -3,070.0 -2,631.0 439.0 -14.3
Cash Flow from Investing Activities 642.0 -642.0 -1,284.0 -200.0
Net Cash Flow 2,118.0 110.0 -2,008.0 -94.8
Foreign Exchange Fluctuations 0.0 0.0 0.0 0.0
Cash at the Beginning of the Period 795.0 2,913.0 2,118.0 266.4
Cash at the End of the Period 2,913.0 3,023.0 110.0 3.8

Ratio Analysis

Profitability

2020 2021 Change
Gross Profit Margin 180.2% 179.3% -0.9%
Operating Profit Margin 191.1% 189.0% -2.1%
Net Profit Margin 194.7% 193.0% -1.8%

Management Effectiveness

2020 2021 Change
Return on Assets 236.3% 249.9% 13.6%
Return on Equity 642.9% 674.2% 31.4%
Current Ratio 1.1 1.1 0.0
Debt to Equity Ratio 1.7 1.7 0.0

Valuation

2020 2021 Change  
Share Price ($) 44.83 59.10 14.27 31.8%
Ordinary Shares 1,133,840,000 1,133,840,000 0 0.0%
Market Capitalisation ($) 50,830,047,200 67,009,944,000 16,179,896,800 31.8%
Revenue per Share ($) 27.20 29.93 2.73 10.0%
Earnings per Share ($) 52.98 57.77 4.79 9.0%
Equity per Share ($) 8.24 8.57 0.33 4.0%
Dividends per Share ($) 1.53 1.83 0.30 19.6%
Dividend Yield 3.4% 3.1% -0.3%  
Price to Sales Ratio 1.6 2.0 0.3 19.8%
Price to Earnings Ratio 0.8 1.0 0.2 20.9%
Price to Book Ratio 5.4 6.9 1.5 26.8%