INTRODUCTION
Nowadays, Financial analyse is one important element to help investor can understand a
company. The purpose report is not only analyzing about the finacial statement of Bibica using
the key ratios such as profitability, efficiency, liquidity, financial gearing and investment, but also
provides non-financial information for investors. The information has been taken in the last 4
years (2019 to 2022) of annual report Bibica. In addition, this report compares ratios with the
rivals of Bibica. However, it is not easy to choose a company in the same level as Bibica in Viet
Nam and average industry ratios. Thus, this report compare to company Kinh Do and Nafoods,
throughout, it helps investor have overview about activity business, also relevant information
about Bibica. This will be very helpful for all users to make decision in certain areas such as
pricing, working capital management, planning, financial structure, profitability as well as
dividend policy. Over there, investors can make decision to invest stock of Bibica.
1.0 SCOPE OF STUDY
Vietnam has recently emerged as a thriving tourism destination, and the retail business has grown
to be a substantial contributor to the country's economy. Recognizing the significance of local
consumption in driving GDP growth and overall economic development, the Vietnamese
government launched a campaign called 'Buy Local, Support Vietnam' in 2012. This campaign,
which attempted to educate customers on the importance of local demand while discouraging
excessive expenditure on imported goods, was a success. As a result, as local businesses, Bibica
Vietnam, Kinh Do, and Nafoods stand to gain considerably from the government's backing and
the rising focus on purchasing Vietnamese goods. Nonetheless, they are up against severe
competition from multinational companies with a presence in Vietnam.Furthermore, since they
provide a diverse selection of high-quality and popular items to numerous consumer categories,
these local businesses have a large client base. They have a significant domestic presence with a
large number of retail stores and distribution networks spread over Vietnam. As a result, it is
clear that the economic environment of Vietnam has a direct impact on the fortunes of Bibia
Vietnam, Kinh Do, and Nafoods.
2.0 LIMITATION OF STUDY
In this evaluation, the comparison might not be accurate because Bibica is not listed on Viet
Nam, so some information maybe not convenience. However, it is not easy to choose a company
in the same level as Kinh Do and Nafoods in Viet Nam and main competitors of Bibica come
from foreign brands. Then, the market shares change every day. Therefore, investment ratios are
not exactly correct. Besides, the ratios do not reflect customer satisfaction, employee satisfaction
and the reputation of the company. Therefore, when investors or shareholders want to make
decision, they cannot totally rely on analyzing those ratios.
3.0 COMPANY PROFILE AND BUSINESS MODEL
Bibica Corporation (BBC) manufactures and sells confectionery products in Vietnam. BBC
offers moon cakes, nutrition products, chocolates, candies, biscuits, pies, breads, and seasonal
and other products. BBC was founded in 2001 and based in Ho Chi Minh City, Vietnam. The
company is listed on Ho Chi Minh Stock Exchange. Bibica is a company that provides modeling
and talent management services to aspiring models and actors. The main business activities of
BBC is manufacturing and distributing confectionary products such as biscuits, cookies, candies,
chocolates, nutrition, moon cakes, pies and breads. In 2013, products of BBC account 10%
market share of domestic confectionary industry. Products of BBC are distributed through 117
distributors and 250 supermarkets in all areas of Vietnam as well as exported to Asian, Europe
and American markets. BBC has 3 factories: The first factory is the head quarter of the company,
in Bien Hoa I industrial zone in Dong Nai (built in 1999); the second factory is in Sai Dong B
industrial zone, Long Bien, Ha Noi (built in 2012) and the third factory is in My Phuoc I
Industrial Zone, Binh Duong (built in 2006 and 2009).
4.0 FINANCIAL HIGHLIGHS AND NON-FINANCIAL HIGHLIGHTS
Bibica Corporation's net income growth and sales or revenue growth were not available for the
5-quarter trend as of June 2023.In the 5-year trend, the net income growth was 761%, and the
sales or revenue growth was 47.79% Bibica Corporation's EBITDA was 125.15 B.Bibica
Corporation's stock is listed on the Ho Chi Minh Stock Exchange Bibica Corporation paid a cash
dividend of 20% for 2022 Bibica Corporation was awarded Vietnam's Best Managed Companies
in 2022 by Deloitte Bibica Corporation released its earnings results for the fourth quarter ended
December 31, 2022.
Bibica Vietnam has launched a number of new products in recent years, such as the Bibica Origo
cake and the Bibica Socola chocolate bar. These new products have been well-received by
consumers and have contributed to Bibica Vietnam's revenue growth. These initiatives include
using recycled materials in its packaging and reducing its energy consumption. Bibica Vietnam is
actively involved in the community and supports a number of charitable organizations. This
involvement has helped to build Bibica Vietnam's brand image and reputation.
