Financial Highlights
Financial Ratios Year 2021 Year 2020 Year 2019
Liquidity Ratio
Current Ratio (Time) 1.1 1.2 1.3
Quick Ratio (Time) 0.6 0.7 0.9
Cash flow liquidity ratio (Time) 0.2 0.2 0.3
Accounts Receivable Turnover (Time) 0.2 9.7 7.7
Collection Period (Day) 42 37 47
Inventory Turnover (Time) 6.0 8.4 14.8
Inventory Turnover Period (Day) 60 43 24
Accounts Payable Turnover (%) 3.7 4.6 5.0
Payment Period (Day) 98 78 73
Cash Cycle (Day) 4 2 (2)
Profitability Ratio
Gross Profit Margin (%) 7.7 8.7 9.9
Operating profit margin (%) 4.2 3.9 3.5
Other profit margin (%) 1.1 1.4 8.6
Cash-to-profit ratio (%) 141.0 177.7 158.7
Net profit margin (%) 4.2 4.5 10.0
Net profit margin after extra items (%) 4.2 4.5 4.7
Return on Equity (%) 15.4 12.2 11.3
Efficiency ratio
Return on assets (%) 6.0 6.3 6.7
Return on fixed assets (%) 16.1 14.2 25.9
Assets turnover (Time) 1.4 1.4 1.4
Financial Policy Ratio
Debt to equity ratio (Time) 1.8 1.2 0.6
Interest coverage ratio (Time) 15.4 13.9 35.7
Debt service coverage ratio (Cash basis) (Time) 0.2 0.1 0.2
Debt service coverage ratio (Cash basis) adjust (Time) 1.2 3.8 0.3
Dividend payout ratio (%) 51.2 52.9 72.1