Company Background - Jollibee1
Company Background - Jollibee1
Company Background - Jollibee1
Jollibee Foods, founded in 1975 as an ice cream parlor by its chairman, Tony Tan Caktiong, is today one
of Asia's top quick-service restaurant chains by market value. Chowking, which serves Asian food;
Greenwich, which sells pizza; Red Ribbon, a bakery chain; and Mang Inasal, which specializes in grilled
chicken, are among the company's other quick-service restaurant brands. Burger King franchise rights in
the Philippines are also owned by the firm.
Jollibee Foods has affiliates that develop and run overseas brands such as Yonghe King, Hong Zhuang
Yuan, San Pin Wang, and 12 Hotpot outside of the Philippines. Brunei, China, Hong Kong, Kuwait, Oman,
Qatar, Saudi Arabia, Singapore, the United States, and Vietnam all have restaurants.
Under the trade name Jollibee, Jollibee Foods Corp. develops, operates, and franchises fast food
restaurants. Food Service, Franchising, and Leasing are the company's three segments. The Food Service
section manages quick service restaurants and produces food for Jollibee Group-owned and franchised
fast service restaurants. The Jollibee Group's QSR outlet concepts are franchised through the Franchising
section. The Leasing division primarily leases retail locations to independent franchisees of the Jollibee
Group. Tony Tan Caktiong created the company in 1975, and it is based in Pasig City, Philippines.
In order to support the QSR systems, it engaged in manufacturing and property leasing. The business
also provides delivery services at any time. Beverages and sweets, breakfast items, chicken, kid's meals,
and snacks such as burgers, noodles, sandwiches, and slides are among the company's offerings. Food
delivery, food shop services, and event celebration are among the services it offers.
Activities
Liquidity Ratios
Current Assets
Current Ratio=
Current Liabilites
80,040,557
Current ratio= =1.36
58,928,475
Quick Assets
Quick Ratio=
Current Liabilites
71,744,729
Quick Ratio= =1.22
58,928,475
71,744,729+(505,227)
Casℎ Flow Liquidity Ratio= =1.21
58,928,475
3 Solvency Ratios
Total Debt
Total Debt ¿ assets ratio=
Total Assets
166,540,000
Total Debt ¿ assets ratio= =79 %
210,810,130
Total Debt
Total Debt ¿ Equity Ratio= '
Sℎareℎolder s Equity
166,540,000
Total Debt ¿ Equity ratio= =2.45
68,031,863
Total Assets
Equity Multiplier=
Sℎareℎolder s ' Equity
210,810,130
Equity Multiplier= =3.10
68,031,863
Profitability Ratios
Gross Income
Gross Income Margin=
Sales
13,586,665
Gross Income Margin= =11.21%
121,245,045
Operating Income
Operating Profit Margin=
Sales
13,292,630
Operating Profit Margin= =−10.96 %
121,245,043
Net Income
Net Profit Margin=
Sales
(12,633,623)
Net Profit Margin= =− 10.42 %
121,245,043
2 Activity Ratios
115,726,337
Inventory Turnover Ratio= =12.67
8,295,828+ 9,966,084
Sales
Total Asset Turnover=
Average Total Assets
121,245,043
Total Asset Turnover= =.72
150,512,878+ 187,442,763