Order Book analysis by agent about Stock فولاد on 12 hour ago

Excellent! Now I present the parsed information in a neat table: ## A comprehensive analysis of the reasons for the decrease in the net profit margin of Mobarakeh Steel ### 1. Comparison of main annual indicators (12 months): **Year 1402:** - Operating revenues: 2.411 trillion rials - Total price: 1.541 trillion rials - Sales, administrative and general expenses: 89 billion Rials - Financial expenses: 85 billion Rials - Net profit: 925 billion Rials **Year 1403:** - Operating revenues: 2.764 trillion rials - Total price: 1.804 trillion rials - Sales, administrative and general expenses: 117 billion Rials - Financial expenses: 131 billion Rials - Net profit: 996 billion Rials --- ### 2. Analysis of cost components (main causes of margin reduction): **a) direct consumables:** - 1402: 1.071 trillion rials - 1403: 1.260 trillion rials - **Increase: 187 billion rials (18%)** - This is the most influential factor in increasing the cost price **b) direct production wages:** - 1402: 26.6 billion rials - 1403: 34 billion rials - **Increase: 7.5 billion rials (28%)** - Increasing the ratio of wages more than additional incomes **c) production overhead:** - 1402: 461 billion rials - 1403: 594 billion rials - **Increase: 132 billion rials (29%)** --- ### 3. Operating and financial costs: **Sales, administrative and general expenses:** - 1402: 89 billion rials (3.7% of income) - 1403: 117 billion rials (4.2% of income) - **Increase: 28 billion rials (31%)** **Financial costs:** - 1402: 85 billion rials (3.5% of income) - 1403: 131 billion rials (4.7% of income) - **Increase: 46 billion rials (54%)** --- ### 4. Conclusion: **The main reasons for the decrease in net profit margin:** 1. **Strong increase in raw materials (18%):** This is the biggest factor. The company was unable to raise sales prices enough to cover raw material costs. 2. **Increase in financial expenses (54%):** This significant increase indicates an increase in interest on facilities or other financial expenses. 3. **Increase in production overhead (29%):** General production costs have increased relatively. 4. **Increase in wages (28%):** The increase in labor costs has been greater than the improvement in incomes. **Positive:** Despite these cost increases, net profit actually increased (from 925 to 996 billion), but net profit margin decreased as revenues grew relatively more. This means that the company was able to increase absolute profit by improving production and sales performance, but the relative profitability per unit of revenue decreased. **Suggestion for the next step:** Do you want to check whether the selling price of steel in the market (selling rate) has changed between these two years and how we can improve the pricing strategy?