Internship Report on “Analyzing Financial Performance of Artistic Design Ltd”

Abstract

The goal of the internship programme is to help students connect what they learn in school with what they do in the real world. It is meant to provide you a real-world experience while also helping you learn the theory. The report is based on an internship with Artistic Design Ltd. Artistic Design Ltd is a 100% export-oriented company in the Readymade Garments Industry in Bangladesh. Also, Artistic Design Ltd is a sibling company of Ha-Meem Group. This company makes, exports, imports, and supplies 100% Export Oriented Garments Industries. Artistic Design Ltd has been in operation since 2006. Now they are grown up because they have worked for 15 years. They are very lucky to have a qualified crew that can meet the needs of its important customers. They are constantly honest about the advanced technology they use to make their goods and wish to play an important part in supplying our customers. It is the biggest corporation in Bangladesh that makes and sells clothes. The yearly reports of Artistic Design Ltd. were used to get the information needed to write the report on "Financial Performance Analysis of Artistic Design Ltd." Other information has been gathered from both original and secondary sources. The purpose of this study is to look into how well Artistic Design Ltd. does financially. In addition to these, the report also talks about the company's overall structure, how it controls and manages its financial resources, how it trains and develops its employees, how it uses its resources, how it holds people accountable, how it improves existing processes, and how it systematically manages and measures performance. The main goal of this report is to figure out the financial health and progress of Artistic Design Ltd and explain the results from the point of view of investors and creditors. To do this, I looked at the company's audited financial statement for the years 2016–2017 to 2020–2021. After looking at the numerous ratios of Artistic Design Ltd, it is clear that the liquidity, activity, debt, and profitability ratios have all been going up since the first fiscal years. It is also obvious from the research that Artistic Design Ltd has not used its assets in a smart way. This position makes investors and creditors look at things in a poor way. There was no financial information about other companies or the industry average in the sources of information, so I can't compare such ratios. I can't really determine if those ratios were good or bad for this. I just wanted to share what I've seen and learned from the ratios I've worked out. You should raise the cash asset to an acceptable level and effectively manage the average collection period and average payment period. The organization needs to be more ©Daffodil International University Page | vii professional when it comes to employing all of its assets to make sales. It should be checked if the company's resources are being used well. To make more money, the company should work on ideas that will make it money. To keep making money, the best capital structure should be followed. To handle resources in a way that is both effective and efficient, new rules need be put in place. To reach the company's goals, all of the departments need to work together. The business is not meeting its sales goals. They need to set realistic sales goals and do what it takes to reach them.