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JB Hi-Fi: A Listed Public Company In Australia

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The company I want to critically analyze is called JB Hi-Fi. Its ticker symbol is JBH.AX. JB Hi-Fi is a Listed public company in Australia, its commercial financing is comprehensive, and it gains the earning mainly by retailling in the field of electronic equipments and products, softwares and household appliances. It has not only more than 300 offline stores throughout Australia and New Zealand, but an complete and efficient website as well to provide consumers a variety of services in their field and industry. I am a game enthusiast, I am obsessed with games on all major platforms. As all we known, JB Hi-Fi also sells Games and many famous brands of game peripherals of controllers, displayers, and keyboards. Personally speaking, it is this is the best place to shop, and …show more content…

It is also one of the most famous Australian retail companies for selling electronics. It purchase the dick smith company which was the biggest competitor of JB Hi-Fi. It has $57.5 million total debt and $172.6 total equity in 2022. Its debt-to-equity ratio is 0.33 which is lower than that of JB Hi-Fi. But has little difference. In my opinion, this may due to the similar industry condition and the same model of the business investment. Meanwhile, the similar capital structure, the internal operations and the management of board system also cause this similarity. From their annual report, they have the same objective which is to seek the lower cost of the capital. Moreover, JB Hi-Fi has a policy to increase its term debt facility to buy-back the offmarket share whereas There is currently no on market buy‑back policy in Kogan. This maybe a signal that the share price of JB Hi-Fi is underestimated. I reckon this is why JB HI-Fi has larger proportion of debt in its capital structure.and has higher debt-to-equity ratio. Futhermore, the investment of expanding in New Zealand also need massive money and this will increase its debt

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However, JB Hi-Fi was able to offset the decline in sales of other products by capitalizing on the surge in demand for home office equipment and entertainment products. The company also implemented various cost-saving measures to mitigate the impact of the pandemic on its profitability. To evaluate the company's financial performance, it is important to look at relevant financial ratios such as the return on equity (ROE) and the debt-to-equity ratio. JB Hi-Fi's ROE has been consistently above the industry average, indicating that the company is generating strong returns for its shareholders. The company's debt-to-equity ratio is also relatively low, indicating that the company has a conservative approach to financing its

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JB Hi-Fi is an Australian retailer or seller of consumer electronics, as well as a supplier of video games, Blue-rays, DVDs and CDs either second hand or brand new. It is a chain store which its headquarters are located in Melbourne. https://www.jbhifi.com.au/General/Corporate/Consumer-Matters/ Over the years JB Hi-Fi has grown rapidly beginning from just one, JB Hi-Fi now has two hundred and ten stores across Australia.

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Interim Report – Industry and Company Analysis EXECUTIVE SUMMARY Rating Company Date JB Hi-Fi Limited (JBH) 9th March 2015 Consumer electroncics Price at $17.56 JB Hi-Fi is one of the largest Australian specialty retailers of home entertainment products, focusing on consumer electronics, car sound systems, and music and DVDs.

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