Friday, 21 March 2014

KCQs Dongfeng Motor Group

Key Concepts
·         In my findings I found that for 2012 the gross profit for Dongfeng Motor Group was down 9.5% from the previous year 2011. 
·         Despite most CEOs or chairmen of companies having background in accounting, all but one of Dongfeng Motor Groups Chairman, Board of Directors and Presidents of the company have degrees in engineering.
·         Dongfeng Motor Group have a large amount of non-current and current assets compared to other students companies I have seen.
·         Dongfeng Motor Group has Consolidated Statement of Financial Position as well as Statement of Financial Position in its three annual reports I downloaded. Which I have found to have a huge difference between total assets on the two different statements.
·         The company has at 31 December 2012 a total of 109,963 full-times employees.
      
     Questions
     Who are or what does it mean by the ordinary equity holders of the parent?
·         Why is my company facing so many decreases in profits since 2011?
·         Do other China related businesses have decreases due to the Japan and China dispute?
·         What are the Government Grants the company is receiving each year?

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