23
The trend in quick ratio generally indicates an improvement or good trend in the company's ability to effectively meet its various short-term obligations using most of its liquid assets.
Profitability ratios
Return on investment (ROI)
A performance measure is employed in evaluate the efficiency of a given investment. It can also be used in comparing its efficiency to several other investments.
Return on Investment = Net Income after taxes/Shareholder's Equity (Total Assets-Total Liabilities)
2008 Return on investment = 2,118,827/( 1,810,626,071- 246,564,395)= 2,118,827/1,564,061,676 = 0.14%
2009 Return on investment = 36,165,310 / (1,649,954,411-172,891,948) = 36,165,310/1477062463= 2.5%
2010 Return on investment =73,636,501 / (1,592,528,763-123,488,012) =73,636,501/1,469,040,751=5%
The ROI trend indicates that the company is performing well through the years. It is experiencing an impressive growth in its ROI
Gross margin ratio
It indicates the proportion of revenue which is converted into gross profit
Gross Margin =
Gross Profit
Revenue
2008 Gross margin ratio = 329,441,609 / 1,078,139,939 =0.31=31%
2009 Gross margin ratio = 167,328,041 / 743,155,447=0.23=23%
2010 Gross margin ratio = 7,641,325 / 609,253,683=0.01=1%
The trend indicates a general reduction in the proportion of revenue which is converted into gross profit.
Solvency ratios
Debt ratio
The debt ratio shows the proportion of total debt that a given company has as compared...
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