Diversified Financials

The industry group, Diversified Financials, contains the industries:

and has the constituents:

Comparative Analysis

Income Statement

($'M) 2021 2022 $ Change % Change
Revenue 4,982.1 1,082.8 -3,899.3 -78.3
Less: Cost of Goods Sold -1,770.0 0.0 1,770.0 -100.0
Gross Profit 6,752.1 1,082.8 -5,669.3 -84.0
Less: Operating Costs 1,542.3 -286.3 -1,828.6 -118.6
Operating Profit 5,209.8 1,369.1 -3,840.7 -73.7
Less: Financing Costs -159.5 -66.2 93.3 -58.5
Earnings Before Tax 5,369.3 1,435.3 -3,934.0 -73.3
Less: Income Tax -1,106.0 -221.8 884.2 -79.9
Net Profit 6,475.3 1,657.1 -4,818.2 -74.4

Balance Sheet

($'M) 2021 2022 $ Change % Change
Current Assets 259,418.5 15,331.9 -244,086.6 -94.1
Non Current Assets 2,831.5 2,905.6 74.1 2.6
Assets 262,250.0 18,237.5 -244,012.5 -93.0
Current Liabilities 235,809.2 14,069.9 -221,739.3 -94.0
Non Current Liabilities 353.5 362.2 8.7 2.5
Liabilities 236,162.7 14,432.1 -221,730.6 -93.9
Equity 26,087.3 3,805.4 -22,281.9 -85.4

Cash Flow Statement

($'M) 2021 2022 $ Change % Change
Cash Flow from Operating Activities 7,921.0 203.4 -7,717.6 -97.4
Cash Flow from Financing Activities 1,447.6 -450.8 -1,898.4 -131.1
Cash Flow from Investing Activities 2,777.6 -126.9 -2,904.5 -104.6
Net Cash Flow 12,146.2 -374.3 -12,520.5 -103.1
Foreign Exchange Fluctuations -3,113.4 -11.3 3,102.1 -99.6
Cash at the Beginning of the Period 29,818.0 5,357.8 -24,460.2 -82.0
Cash at the End of the Period 38,850.8 4,972.2 -33,878.6 -87.2

Ratio Analysis

Profitability

2021 2022 Change
Gross Profit Margin 135.5% 100.0% -35.5%
Operating Profit Margin 104.6% 126.4% 21.9%
Net Profit Margin 130.0% 153.0% 23.1%

Management Effectiveness

2021 2022 Change
Return on Assets 2.5% 9.1% 6.6%
Return on Equity 24.8% 43.5% 18.7%
Current Ratio 1.1 1.1 0.0
Debt to Equity Ratio 9.1 3.8 -5.3

Valuation

2021 2022 Change  
Share Price ($) 126.65 81.71 -44.94 -35.5%
Ordinary Shares 555,416,539 193,595,162 -361,821,377 -65.1%
Market Capitalisation ($) 70,341,441,086 15,818,660,687 -54,522,780,399 -77.5%
Revenue per Share ($) 8.97 5.59 -3.38 -37.6%
Earnings per Share ($) 11.66 8.56 -3.10 -26.6%
Equity per Share ($) 46.97 19.66 -27.31 -58.1%
Dividends per Share ($) 2.37 2.28 -0.09 -3.9%
Dividend Yield 1.9% 2.8% 0.9%  
Price to Sales Ratio 14.1 14.6 0.5 3.5%
Price to Earnings Ratio 10.9 9.5 -1.3 -12.1%
Price to Book Ratio 2.7 4.2 1.5 54.2%