Financials

Comparative Analysis

Income Statement

($'M) 2021 2022 $ Change % Change
Revenue 103,668.1 17,251.8 -86,416.3 -83.4
Less: Cost of Goods Sold -33,980.0 -12,899.0 21,081.0 -62.0
Gross Profit 137,648.1 30,150.8 -107,497.3 -78.1
Less: Operating Costs -25,160.7 -1,347.3 23,813.4 -94.6
Operating Profit 162,808.8 31,498.1 -131,310.7 -80.7
Less: Financing Costs 456.5 -1,438.2 -1,894.7 -415.0
Earnings Before Tax 162,352.3 32,936.3 -129,416.0 -79.7
Less: Income Tax -13,490.0 -359.8 13,130.2 -97.3
Net Profit 175,842.3 33,296.1 -142,546.2 -81.1

Balance Sheet

($'M) 2021 2022 $ Change % Change
Current Assets 4,288,939.5 121,709.9 -4,167,229.6 -97.2
Non Current Assets 2,831.5 2,905.6 74.1 2.6
Assets 4,291,771.0 124,615.5 -4,167,155.5 -97.1
Current Liabilities 3,974,617.2 107,664.9 -3,866,952.3 -97.3
Non Current Liabilities 353.5 362.2 8.7 2.5
Liabilities 3,974,970.7 108,027.1 -3,866,943.6 -97.3
Equity 316,800.3 16,588.4 -300,211.9 -94.8

Cash Flow Statement

($'M) 2021 2022 $ Change % Change
Cash Flow from Operating Activities 148,568.0 2,688.4 -145,879.6 -98.2
Cash Flow from Financing Activities -28,730.4 452.2 29,182.6 -101.6
Cash Flow from Investing Activities 14,436.6 -2,364.9 -16,801.5 -116.4
Net Cash Flow 134,274.2 775.7 -133,498.5 -99.4
Foreign Exchange Fluctuations -3,532.4 -10.3 3,522.1 -99.7
Cash at the Beginning of the Period 258,575.0 7,949.8 -250,625.2 -96.9
Cash at the End of the Period 389,316.8 8,715.2 -380,601.6 -97.8

Ratio Analysis

Profitability

2021 2022 Change
Gross Profit Margin 132.8% 174.8% 42.0%
Operating Profit Margin 157.0% 182.6% 25.5%
Net Profit Margin 169.6% 193.0% 23.4%

Management Effectiveness

2021 2022 Change
Return on Assets 4.1% 26.7% 22.6%
Return on Equity 55.5% 200.7% 145.2%
Current Ratio 1.1 1.1 0.1
Debt to Equity Ratio 12.5 6.5 -6.0

Valuation

2021 2022 Change  
Share Price ($) 39.43 20.38 -19.05 -48.3%
Ordinary Shares 13,380,562,216 1,456,200,138 -11,924,362,078 -89.1%
Market Capitalisation ($) 527,598,800,413 29,682,063,324 -497,916,737,090 -94.4%
Revenue per Share ($) 7.75 11.85 4.10 52.9%
Earnings per Share ($) 13.14 22.87 9.72 74.0%
Equity per Share ($) 23.68 11.39 -12.28 -51.9%
Dividends per Share ($) 1.06 0.92 -0.14 -13.2%
Dividend Yield 2.7% 4.5% 1.8%  
Price to Sales Ratio 5.1 1.7 -3.4 -66.2%
Price to Earnings Ratio 3.0 0.9 -2.1 -70.3%
Price to Book Ratio 1.7 1.8 0.1 7.4%