Industry Analysis
Gain valuable insights into a company's standing and evaluate its performance in relation to its peers
The Industry Analysis feature empowers you to assess a company's performance within its main business and benchmark it against other industries. By leveraging the information panels, tables, and interactive charts, you can gain valuable insights and make informed decisions based on comparative analysis.
Comprehensive Information Panels: The Industry Analysis feature provides a range of information panels that cater to different company types, including Corporates, Banks, and Securities. Each panel focuses on a specific aspect of performance, presenting a table and a corresponding chart. For more information please refer to Financial Ratios section.
Comparative Analysis:
The industry comparison functionality allows you to select the industry of interest from a dropdown list. The default industry section automatically pre-selects the company's main business. With just a few clicks, you can switch between industries and compare performance metrics.
The filter includes industries defined under the VSIC classification system, which are organized into three hierarchical levels.
The default industry is the industry in which the company is currently operating; users may change this selection when necessary.
The comparison industry allows flexible selection to benchmark against the default industry.
Purpose: Enables users to proactively compare and analyze operational performance across different industries.
1. Key Indicators
Key indicators include the credit risk score and financial indicators, which reflect the overall risk level and financial health of an industry. Based on these indicators, the system determines the relative position of the selected industry compared to other industries using a dedicated value distribution scale for each indicator.
Industry Median Risk Score (0–1000): The median score of all companies in the selected industry as of the latest update date. A higher score indicates lower risk.
Net Revenue Growth: Year-over-year (YoY%) growth in net revenue compared to the previous year.
Net Profit Margin: Net profit divided by net revenue, indicating the proportion of net profit within total revenue.
ROA: Net profit divided by the average total assets of the current and previous years, measuring the industry’s ability to generate profit from its total assets.
Total Debt / Equity: Indicates the extent to which debt is used to finance industry assets relative to equity, showing how much debt is used for each unit of equity.
Current Ratio: Current assets divided by short-term liabilities, measuring the industry’s ability to cover short-term obligations with short-term assets.
Value Scale: Displays the value of each industry indicator and determines the industry’s position relative to all other industries.
Purpose: Supports the assessment of industry risk and financial health, while identifying the industry’s position relative to others.
2. Financial, Activity and Risk Indicator Analysis
2.1. Financial Indicator Analysis
Includes the financial indicators listed in Section 1. Key Indicators, along with the following:
Asset Growth: Year-over-year (YoY%) growth in total assets compared to the previous year.
EBITDA Margin: EBITDA divided by net revenue, indicating the proportion of EBITDA within total revenue.
Total Debt / Total Assets: Indicates the percentage of a company’s assets financed by debt relative to total assets, helping assess financial leverage and industry risk.
ROE: Net profit divided by the average total equity of the current and previous years, measuring capital efficiency.
Quick Ratio: (Cash and cash equivalents + Trading securities + Short-term receivables) / Short-term liabilities, measuring the ability to immediately settle short-term liabilities using highly liquid assets without relying on inventory sales.
Purpose: Provides users with a detailed view of the industry’s financial health, while enabling comparison with the previous year’s industry indicators and the selected comparison industry.
2.2. Activity and Risk Indicator Analysis
Includes indicators that reflect the operating conditions of companies within the industry and the overall industry risk level.
Inactive Company Ratio: Number of inactive companies during the period divided by the total number of companies in the industry at the beginning of the period.
Newly Established and Reactivated Company Ratio: Number of newly established and reactivated companies divided by the total number of companies in the industry at the end of the period.
Industry Median Risk Score (0–1000) and Risk Category: Risk score accompanied by a textual risk classification.
Purpose: Provides an overview of industry operating conditions and risk levels, while enabling comparison with the previous year’s industry indicators and the selected comparison industry.
3. Performance Matrix
Divided into six main criteria:
Growth: Represented by the Net Revenue Growth indicator.
Profitability: Represented by the Net Profit Margin indicator.
Financial Leverage: Represented by the Total Debt / Equity indicator.
Operational Efficiency: Represented by the ROA indicator.
Liquidity: Represented by the Current Ratio indicator.
Business Activity: Represented by the Inactive Company Ratio indicator.
The radar chart compares these industry criteria among the selected industry, the comparison industry, and all industries.
Purpose: Enables users to easily visualize industry performance relative to other industries.
4. Distribution of Score
Displays the distribution of corporate risk scores for the highest-risk, lowest-risk, and median-risk companies within the industry over the past five years, while comparing the selected industry with the comparison industry.
Purpose: Helps users assess risk levels and risk dispersion among companies within the industry over time, and benchmark across industries.
5. Commentary
Commentary content includes:
Macroeconomic indicators such as production output and value, import–export activity, and supply–demand dynamics, depending on industry characteristics
Market information, policies, and regulations at both domestic and international levels
Commentary updated on a quarterly basis
Purpose: Provides users with an up-to-date overview of the industry and market conditions.
6. Sector Performance Analysis
6.1. Industry Size and Number of Companies
Sector Performance Analysis classifies companies within an industry into different groups and aggregates them accordingly. The analysis focuses on three primary comparison dimensions: FDI companies versus domestic companies; large corporations versus small and medium-sized enterprises; and listed companies versus large private companies.
Included data:
Scale: Includes total assets, total revenue, and total debt
Number of Companies
Purpose: Provides an overview of the scale of each business segment within the same industry, while enabling comparison between the selected industry and the comparison industry.
6.2. Ratio Comparison
Includes the indicators listed in Section 1. Key Indicators.
Purpose: Provides an overview of financial health across business segments within the same industry, while enabling comparison between the selected industry and the comparison industry.
7. Interactive Chart Visualization
The chart accompanying each information panel visualizes the data presented in the table. It provides a visual representation of the performance indicators, allowing you to easily identify trends, patterns, and variations. By clicking the "Show on chart" hyperlink, you can selectively display specific ratios from the table on the chart, facilitating a more detailed and focused analysis.
8. Downloadable Data
You can easily download the panel data into an Excel file, allowing for further manipulation and deeper analysis of the financial ratios. For additional information, please refer to Download Company Information section.
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