RELIANCE INDUSTRIES

Profitability Ratio 2018 2017

R1 Gross profit margin = Gross profit/ revenue

Gross profit 1,022,710,000 742,690,000
Revenue 4,082,650,000 3,301,800,000
Gross profit margin 0.250501512498 0.224934884

R2 Operating profit margin = operating margin/revenue

Operating margin 487,820,000 350,010,000
Revenue 4,082,650,000 3,301,800,000
Operating profit margin 0.119486118085 0.106005815

R3 Net profit margin = net profit/ revenue

Net profit 360,750,000 299,010,000
Revenue 4,082,650,000 3,301,800,000
Net profit margin 0.08836172584 0.0905596947

R4 Return on assets = net profit/ total assets

Net profit 360,750,000 299,010,000
Total assets 8,163,480,000 7,068,020,000
Return on assts 0.044190712784 0.0423046341

R5 Return on equity = Net profit/ share holders equity

Net profit 360,750,000 299,010,000
Share holdres equity 2,935,060,000 2,637,090,000
Return on equity 0.122910604894 0.1133863463

Levrage Ratio

R6 Debt and equity = Total liabilities/ shareholders equity

Total liabilities 5,228,420,000 4,430,930,000
Shareholders equity 2,935,060,000 2,637,090,000
Debt and equity ratio 1.781367331503 1.6802346526

R7 Interest covrage = operating profit / annual interest charges

Operating profit 487,820,000 350,010,000
Annual interest charges (72,460,000) (31,570,000)
Interest coverage -6.73226607784 -11.08679126

Liquidity Ratio

R8 Current ratio = current assets/ current liabilities

Current assets 1,837,860,000 1,468,130,000
 Current liabilities 3,138,520,000 2,353,170,000
Current ratio 0.585581739164 0.6238945763

R9 Quick ratio = current assets - inventory/ current liabilities

Current assets 1,837,860,000 1,468,130,000
Inventory 608,370,000 534,600,000
current assets -invetory 1,229,490,000 933,530,000
Current liabilities 3,138,520,000 2,353,170,000
Quick ratio 0.391741967552 0.3967116698

Efficiency Ratio

R10 DII(Days in inventory) = Average inventory/ (COGS/Days)

Averge inventory 571485000 502120000
cost of revenue 2,895,010,000 2,308,730,000
360 days 360 360
cogs/days 8041694.444444 6413138.8889
Days in inventory 71.06524675217 78.295513118

R11 Days sales outstanding = Ending A/R / (Revenue/days)

Ending A/R 447,260,000 263,350,000
revenue 4,082,650,000 3,301,800,000
360 days 360 360
revenue/360 days 11340694.44444 9171666.6667
Days sales outstanding 39.43850195339 28.713429039

R12 Days payable outstanding = ending A/P / (COGS/days)

Ending A/P 1,068,610,000 765,950,000
COGS 2,895,010,000 2,308,730,000
days 360 360
COGS/DAYS 8041694.444444 6413138.8889
Days payable outstanding 132.8836860667 119.43449429

R13 Property Plant Equipment turnover = Revenue / PPE

Revenue 4,082,650,000 3,301,800,000
PPE 4,822,510,000 4,177,510,000
Property Plant Equipment turnover 0.846581966652 0.7903751278

R14 Total assets turnover = Revenue / total assets

Revenue 4,082,650,000 3,301,800,000
Total assets 8,163,480,000 7,068,020,000
Total assets turnover 0.500111472068 0.4671463861

DEBT AND EQUITY RATIO C

2
1.8
1.6
1.4
1.2
 DEBT AND EQUITY RATIO C
2
1.8
1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2007 2008 2009 2010 201

DAYS SALES OUTSTANDING DAYS PA

80

70

60

50

40

30

20

10

0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
2007 2008 2009 2010 2011
 2016 2015 2014 2013 2012 2011

698,880,000 612,170,000 549,830,000 500,430,000 485,780,000 514,732,900

2,765,440,000 3,754,350,000 4,344,600,000 3,970,620,000 3,585,010,000 2,658,106,000
0.25271927794 0.1630561882 0.126554803664 0.12603321396 0.13550310878 0.193646491148

313,330,000 261,470,000 239,650,000 219,230,000 219,040,000 241,154,900

2,765,440,000 3,754,350,000 4,344,600,000 3,970,620,000 3,585,010,000 2,658,106,000
0.11330204235 0.0696445457 0.055160429038 0.05521303978 0.06109885328 0.090724335297

276,300,000 235,660,000 224,930,000 208,790,000 197,240,000 192,936,800

2,765,440,000 3,754,350,000 4,344,600,000 3,970,620,000 3,585,010,000 2,658,106,000
0.09991176811 0.0627698536 0.051772315058 0.05258372748 0.05501797763 0.072584313793

276,300,000 235,660,000 224,930,000 208,790,000 197,240,000 192,936,800

6,062,140,000 5,044,860,000 4,288,430,000 3,623,570,000 3,271,910,000 3,089,263,700
0.04557796422 0.0467128919 0.052450430577 0.05761997146 0.06028283174 0.062453975684

276,300,000 235,660,000 224,930,000 208,790,000 197,240,000 192,936,800

2,436,510,000 2,184,990,000 1,986,870,000 1,820,550,000 1,694,450,000 1,540,927,500
0.11339990396 0.1078540405 0.113208211911 0.11468512263 0.11640355278 0.125208226863

3,625,630,000 2,859,870,000 2,301,560,000 1,803,020,000 1,577,460,000 1,548,336,200

2,436,510,000 2,184,990,000 1,986,870,000 1,820,550,000 1,694,450,000 1,540,927,500
1.48804232283 1.3088709788 1.158384796187 0.99037104172 0.93095694768 1.00480794846

313,330,000 261,470,000 239,650,000 219,230,000 219,040,000 241,154,900

(25,130,000) (24,860,000) (25,070,000) 0 0 0
-12.468364505 -10.517699115 -9.5592341444 0 0 0

1,265,870,000 1,365,770,000 1,510,690,000 1,559,140,000 1,448,490,000 980,795,800

 1,858,700,000 1,385,530,000 1,151,560,000 962,740,000 796,070,000 718,547,100
0.68105127239 0.9857383095 1.311863906353 1.61948189542 1.81955104451 1.364970786188

1,265,870,000 1,365,770,000 1,510,690,000 1,559,140,000 1,448,490,000 980,795,800

469,640,000 532,480,000 559,970,000 546,010,000 466,920,000 385,194,300
796,230,000 833,290,000 950,720,000 1,013,130,000 981,570,000 595,601,500
1,858,700,000 1,385,530,000 1,151,560,000 962,740,000 796,070,000 718,547,100
0.42838005057 0.6014232821 0.825593108479 1.05234019569 1.23301970932 0.828896950527

501060000 546225000 552990000 506465000 426057150 364563750

2,062,070,000 3,139,130,000 3,794,780,000 3,470,190,000 3,099,230,000 2,143,373,100
360 360 360 360 360 360
5727972.22222 8719805.5556 10541055.55556 9639416.66667 8608972.22222 5953814.166667
87.4759828716 62.641878482 52.46059060077 52.5410424213 49.489897168 61.23196656709

236,650,000 171,660,000 193,760,000 202,050,000 266,930,000 279,306,200

2,765,440,000 3,754,350,000 4,344,600,000 3,970,620,000 3,585,010,000 2,658,106,000
360 360 360 360 360 360
7681777.77778 10428750 12068333.33333 11029500 9958361.11111 7383627.777778
30.8066709095 16.460266091 16.05524098881 18.3190534476 26.8046114237 37.82777361023

612,520,000 594,070,000 608,600,000 497,000,000 403,680,000 477,877,800

2,062,070,000 3,139,130,000 3,794,780,000 3,470,190,000 3,099,230,000 2,143,373,100
360 360 360 360 360 360
5727972.22222 8719805.5556 10541055.55556 9639416.66667 8608972.22222 5953814.166667
106.93487612 68.12881276 57.73615334749 51.5591365314 46.8906147656 80.26414439931

2,765,440,000 3,754,350,000 4,344,600,000 3,970,620,000 3,585,010,000 2,658,106,000

2,826,120,000 2,054,540,000 1,459,020,000 1,159,060,000 1,096,640,000 1,373,941,500
0.97852886643 1.8273433469 2.977752189826 3.42572429382 3.26908557047 1.934657334392

2,765,440,000 3,754,350,000 4,344,600,000 3,970,620,000 3,585,010,000 2,658,106,000

6,062,140,000 5,044,860,000 4,288,430,000 3,623,570,000 3,271,910,000 3,089,263,700
0.4561821403 0.7441930995 1.013098033546 1.0957757129 1.0956933412 0.860433507182

CURRENT RATIO QUICK R

2
1.8
1.6
1.4
1.2
 CURRENT RATIO QUICK R
2
1.8
1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2007 2008 2009 2010 2011 2012 20

PPE TUR
DAYS PAYABLE OUTSTANDING
140

120

100

80

60

40

20

0 2007 2008 2009 2010 2011 2012

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
 GROSS PROFIT MARGIN

2010 2009 2008 2007

384,500,100 298,586,900 231,666,600 201,514,600

2,037,397,200 1,513,125,300 1,371,466,600 1,137,701,100
0.1887212273 0.1973312455 0.1689188785 0.17712437827

200,154,000 179,062,100 181,774,200 152,492,100

2,037,397,200 1,513,125,300 1,371,466,600 1,137,701,100
0.0982400486 0.1183392413 0.1325400123 0.13403529275
2007 2008 2009 2010 2011 2012 2013 2014 2015 20

245,031,400 149,687,200 195,213,800 120,748,300

2,037,397,200 1,513,125,300 1,371,466,600 1,137,701,100 OPERATING PROFIT MARGIN
0.1202668778 0.0989258457 0.1423394489 0.10613358816

245,031,400 149,687,200 195,213,800 120,748,300

2,604,704,900 2,471,719,500 1,757,672,700 1,328,482,900
0.0940726145 0.0605599462 0.1110637948 0.09089187373

245,031,400 149,687,200 195,213,800 120,748,300

1,410,029,800 1,212,565,400 855,104,800 682,190,800
0.173777462 0.1234467023 0.2282922514 0.17700077456
2007 2008 2009 2010 2011 2012 2013 2014 2015 20

1,194,675,100 1,259,154,100 902,567,900 646,292,100

NET PROFIT MARGIN
1,410,029,800 1,212,565,400 855,104,800 682,190,800
0.8472693981 1.0384215977 1.0555055942 0.94737733197

200,154,000 179,062,100 181,774,200 152,492,100

0 0 0 0
0 0 0 0

691,056,800 587,460,700 514,888,700 331,158,900

2007 2008 2009 2010 2011 2012 2013 2014 2015 2
 508,155,500 480,538,800 368,693,700 298,476,600 2007 2008 2009 2010 2011 2012 2013 2014 2015 2
1.3599317532 1.2225041974 1.3965215571 1.1094970259

RETURN ON ASSETS
691,056,800 587,460,700 514,888,700 331,158,900
343,933,200 201,096,100 191,261,400 124,562,700
347,123,600 386,364,600 323,627,300 206,596,200
508,155,500 480,538,800 368,693,700 298,476,600
0.6831050732 0.8040237334 0.8777673717 0.69216883334

272514650 196178750 157912050 114007650

1,652,897,100 1,213,653,200 1,139,800,000 936,186,500
360 360 360 360
4591380.8333 3371258.8889 3166111.1111 2600518.05556 2007 2008 2009 2010 2011 2012 2013 2014 2015

59.353527815 58.191541043 49.875713283 43.8403608683

RETURN ON EQUITY
193,969,900 146,171,300 278,885,700 187,225,800
2,037,397,200 1,513,125,300 1,371,466,600 1,137,701,100
360 360 360 360
5659436.6667 4203125.8333 3809629.4444 3160280.83333
34.273711577 34.776807975 73.205466323 59.2434058471

291,478,900 166,885,700 190,540,700 152,392,300

1,652,897,100 1,213,653,200 1,139,800,000 936,186,500
360 360 360 360
4591380.8333 3371258.8889 3166111.1111 2600518.05556
63.483930125 49.502487201 60.181305492 58.6007467529
2007 2008 2009 2010 2011 2012 2013 2014 2015

2,037,397,200 1,513,125,300 1,371,466,600 1,137,701,100

1,725,648,000 1,764,775,100 1,127,441,800 928,956,000 INTEREST COVERAGE
1.18065631 0.8574040398 1.2164411502 1.22470935114
2007 2008 2009 2010 2011 2012 2013 2014 2015

2,037,397,200 1,513,125,300 1,371,466,600 1,137,701,100

2,604,704,900 2,471,719,500 1,757,672,700 1,328,482,900
0.7821988587 0.6121751679 0.7802741659 0.85639122641

QUICK RATIO
1.4

1.2

0.8
 QUICK RATIO
1.4

1.2

0.8

0.6
DAYS IN INVENTORY

0.4

0.2

0
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

PPE TURNOVER
4

3.5

3 2007 2008 2009 2010 2011 2012 2013 2014 2015

2.5

2
TOTAL ASSETSTURNOVE
1.5

0.5

0
7 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

2007 2008 2009 2010 2011 2012 2013 2014 201

OSS PROFIT MARGIN
0.3

0.25

0.2

0.15

0.1

0.05

0
011 2012 2013 2014 2015 2016 2017 2018

RATING PROFIT MARGIN

0.16

0.14

0.12

0.1

0.08

0.06

0.04

0.02

0
011 2012 2013 2014 2015 2016 2017 2018

NET PROFIT MARGIN

0.16

0.14

0.12

0.1

0.08

0.06

0.04

0.02

0
2011 2012 2013 2014 2015 2016 2017 2018
 0.04

0.02

0
2011 2012 2013 2014 2015 2016 2017 2018

RETURN ON ASSETS
0.12

0.1

0.08

0.06

0.04

0.02

0
2011 2012 2013 2014 2015 2016 2017 2018

RETURN ON EQUITY
0.25

0.2

0.15

0.1

0.05

0
2011 2012 2013 2014 2015 2016 2017 2018

INTEREST COVERAGE
0
0 2011 2012 2013 2014 2015 2016 2017 2018
-2

-4

-6

-8

-10

-12

-14
 -8

-10

-12

-14

DAYS IN INVENTORY
100
90
80
70
60
50
40
30
20
10
0
2011 2012 2013 2014 2015 2016 2017 2018

TOTAL ASSETSTURNOVER
1.2

0.8

0.6

0.4

0.2

0
0 2011 2012 2013 2014 2015 2016 2017 2018
 INDIAN OIL CORP LTD
Profitability Ratio 2018 2017 2016

R1 Gross profit margin = Gross profit/ revenue

Gross profit 759,901,800 726,213,600 462,380,600
Revenue 5,155,418,900 4,537,258,400 3,559,266,200
Gross profit margin 14.74% 16.01% 12.99%

R2 Operating profit margin = operating margin/revenue

Operating margin 341,222,600 274,567,400 203,654,600
Revenue 5,155,418,900 4,537,258,400 3,559,266,200
Operating profit margin 6.62% 6.05% 5.72%

R3 Net profit margin = net profit/ revenue

Net profit 221,894,500 198,494,900 112,192,200
Revenue 5,155,418,900 4,537,258,400 3,559,266,200
Net profit margin 4.30% 4.37% 3.15%

R4 Return on assets = net profit/ total assets

Net profit 221,894,500 198,494,900 112,192,200
Total assets 2,956,722,900 2,735,610,400 2,420,242,700
Return on assts 7.50% 7.26% 4.64%

R5 Return on equity = Net profit/ share holders equity

Net profit 221,894,500 198,494,900 112,192,200
Share holdres equity 1,138,738,200 1,020,961,000 759,939,600
Return on equity 19.49% 19.44% 14.76%

Levrage Ratio

R6 Debt and equity = Total liabilities/ shareholders equity

Total liabilities 1,817,984,700 1,714,649,400 1,660,303,100
Shareholders equity 1,138,738,200 1,020,961,000 759,939,600
Debt and equity ratio 1.5964904839 1.6794465215 2.1847829749

R7 Interest covrage = operating profit / annual interest charges

Operating profit 341,222,600 274,567,400 203,654,600
Annual interest charges (22,432,600) (20,779,300) (29,922,900)
Interest coverage -15.211014327 -13.213505749 -6.8059780302

Liquidity Ratio

R8 Current ratio = current assets/ current liabilities

Current assets 1,056,744,500 966,105,200 944,743,800
Current liabilities 1,398,640,700 1,128,959,800 1,040,966,300
 Current ratio 0.7555510861 0.8557480966 0.9075642506

R9 Quick ratio = current assets - inventory/ current liabilities

Current assets 1,056,744,500 966,105,200 944,743,800
Inventory 705,679,000 658,843,300 420,946,700
current assets -invetory 351,065,500 307,261,900 523,797,100
Current liabilities 1,398,640,700 1,128,959,800 1,040,966,300
Quick ratio 0.2510047791 0.272163721 0.5031835325

Efficiency Ratio

R10 DII(Days in inventory) = Average inventory/ (COGS/Days)

Averge inventory 682261150 539895000 460060300
cost of revenue 3,455,016,400 2,826,887,500 3,096,885,600
360 days 360 360 360
cogs/days 9597267.7778 7852465.2778 8602460
Days in inventory 71.089102211 68.754840792 53.480085929

R11 Days sales outstanding = Ending A/R / (Revenue/days)

Ending A/R 244,776,700 221,770,600 423,692,800
revenue 5,155,418,900 4,537,258,400 3,559,266,200
360 days 360 360 360
revenue/360 days 14320608.056 12603495.556 9886850.5556
Days sales outstanding 17.092619186 17.59595971 42.854172582

R12 Days payable outstanding = ending A/P / (COGS/days)

Ending A/P 367,666,900 311,696,800 249,209,600
COGS 3,455,016,400 2,826,887,500 3,096,885,600
days 360 360 360
COGS/DAYS 9597267.7778 7852465.2778 8602460
Days payable outstanding 38.30953856 39.694132858 28.96957382

R13 Property Plant Equipment turnover = Revenue / PPE

Revenue 5,155,418,900 4,537,258,400 3,559,266,200
PPE 1,382,735,000 1,279,656,500 1,238,574,500
Property Plant Equipment turnover 3.728421498 3.5456846427 2.8736795405

R14 Total assets turnover = Revenue / total assets

Revenue 5,155,418,900 4,537,258,400 3,559,266,200
Total assets 2,956,722,900 2,735,610,400 2,420,242,700
Total assets turnover 1.7436259921 1.6585908578 1.4706236693

INTEREST COVERAGE CURR

0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
-2

-4

-6
 INTEREST COVERAGE CURR
0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
-2

-4

-6

-8

-10

-12

-14

-16 2007 2008 2009 2010 2011 201

DAYS SALES OUTSTANDING DAYS PAYAB

45
40
35
30
25
20
15
10
5
0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2007 2008 2009 2010 2011 20
 2015 2014 2013 2012 2011 2010 2009

298,063,400 369,017,400 307,294,400 340,934,500 254,209,600 317,161,600 1,317,998,200

4,495,086,600 4,883,449,300 4,617,796,700 4,089,240,300 3,081,709,700 2,501,397,200 2,441,329,600
6.63% 7.56% 6.65% 8.34% 8.25% 12.68% 53.99%

77,820,000 162,632,400 99,151,000 102,327,000 83,034,400 100,017,000 143,976,100

4,495,086,600 4,883,449,300 4,617,796,700 4,089,240,300 3,081,709,700 2,501,397,200 2,441,329,600
1.73% 3.33% 2.15% 2.50% 2.69% 4.00% 5.90%

49,120,200 70,855,900 44,490,100 42,259,800 78,307,200 107,131,900 25,994,000

4,495,086,600 4,883,449,300 4,617,796,700 4,089,240,300 3,081,709,700 2,501,397,200 2,441,329,600
1.09% 1.45% 0.96% 1.03% 2.54% 4.28% 1.06%

49,120,200 70,855,900 44,490,100 42,259,800 78,307,200 107,131,900 25,994,000

2,337,433,400 2,666,786,200 2,377,009,300 2,198,272,200 1,861,584,200 1,563,067,700 1,371,166,800
2.10% 2.66% 1.87% 1.92% 4.21% 6.85% 1.90%

49,120,200 70,855,900 44,490,100 42,259,800 78,307,200 107,131,900 25,994,000

688,322,700 679,130,200 630,371,700 603,733,600 575,752,100 524,623,300 455,043,600
7.14% 10.43% 7.06% 7.00% 13.60% 20.42% 5.71%

1,649,110,700 1,987,656,000 1,746,637,600 1,594,538,600 1,285,832,100 1,038,444,400 916,123,200

688,322,700 679,130,200 630,371,700 603,733,600 575,752,100 524,623,300 455,043,600
2.3958394805 2.926767209 2.7708058595 2.641129465 2.2333085715 1.9794096069 2.013264663

77,820,000 162,632,400 99,151,000 102,327,000 83,034,400 100,017,000 143,976,100

(31,498,200) (41,922,400) (59,722,900) (49,384,100) (29,802,600) (17,261,600) (42,076,400)
-2.4706173686 -3.8793675935 -1.6601839495 -2.0720636804 -2.7861461752 -5.7941905733 -3.4217780038

1,010,859,300 1,411,659,600 1,344,384,500 1,259,774,400 889,569,900 649,959,300 472,026,800

1,042,280,600 1,411,382,500 1,304,080,600 1,325,189,500 601,394,400 455,270,300 358,654,100
0.9698533197 1.0001963323 1.0309059885 0.950637173 1.4791788883 1.4276338694 1.3161059639

1,010,859,300 1,411,659,600 1,344,384,500 1,259,774,400 889,569,900 649,959,300 472,026,800

499,173,900 723,393,900 666,043,000 638,510,400 549,170,700 410,765,100 285,182,000
511,685,400 688,265,700 678,341,500 621,264,000 340,399,200 239,194,200 186,844,800
1,042,280,600 1,411,382,500 1,304,080,600 1,325,189,500 601,394,400 455,270,300 358,654,100
0.4909286424 0.4876535595 0.5201683853 0.4688114417 0.5660165775 0.5253894225 0.5209610039

611283900 694718450 652276700 593840550 479967900 347973550 328696350

4,197,023,200 4,514,431,900 4,310,491,900 3,748,293,900 2,827,105,500 2,183,890,900 1,123,331,400
360 360 360 360 360 360 360
11658397.778 12540088.611 11973588.611 10411927.5 7853070.8333 6066363.6111 3120365
52.432925317 55.399803904 54.476291209 57.03464128 61.118498761 57.361142903 105.33907091

415,772,700 563,234,800 509,157,100 464,028,200 322,497,900 222,122,700 175,587,200

4,495,086,600 4,883,449,300 4,617,796,700 4,089,240,300 3,081,709,700 2,501,397,200 2,441,329,600
360 360 360 360 360 360 360
12486351.667 13565136.944 12827213.056 11359000.833 8560304.7222 6948325.5556 6781471.1111
33.298173165 41.520760336 39.693509244 40.851145872 37.673647197 31.967802634 25.892199071

316,209,800 407,111,700 335,895,600 322,531,800 357,432,000 207,190,300 205,195,100

4,197,023,200 4,514,431,900 4,310,491,900 3,748,293,900 2,827,105,500 2,183,890,900 1,123,331,400
360 360 360 360 360 360 360
11658397.778 12540088.611 11973588.611 10411927.5 7853070.8333 6066363.6111 3120365
27.122920836 32.464818441 28.05304332 30.977146162 45.514933914 34.153953387 65.759967183

4,495,086,600 4,883,449,300 4,617,796,700 4,089,240,300 3,081,709,700 2,501,397,200 2,441,329,600

1,127,652,500 1,090,028,600 847,830,600 787,730,700 758,554,500 677,288,500 572,105,200
3.9862338797 4.4801111641 5.4466030124 5.191165331 4.062608158 3.693252137 4.267273921

4,495,086,600 4,883,449,300 4,617,796,700 4,089,240,300 3,081,709,700 2,501,397,200 2,441,329,600

2,337,433,400 2,666,786,200 2,377,009,300 2,198,272,200 1,861,584,200 1,563,067,700 1,371,166,800
1.9230864931 1.8312114034 1.9426918944 1.8602065295 1.6554232143 1.6003127696 1.780476015

CURRENT RATIO QUICK RATIO

1.8
1.6
1.4
1.2
1
 CURRENT RATIO QUICK RATIO
1.8
1.6
1.4
1.2
1
0.8
0.6
0.4
0.2
0
08 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2007 2008 2009 2010 2011 2012 2013 2014 2015 2

DAYS PAYABLE OUTSTANDING PPE TURNOVER

100
90
80
70
60
50
40
30
20
10
0
008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2007 2008 2009 2010 2011 2012 2013 2014 2015 2
 GROSS PROFIT MARGIN
2008 2007 70.00%

60.00%
1,205,526,400 1,091,654,500
50.00%
2,074,045,100 1,844,607,000
58.12% 59.18% 40.00%

30.00%

142,925,800 133,547,300 20.00%

2,074,045,100 1,844,607,000
6.89% 7.24% 10.00%

0.00%
2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007

79,127,400 78,674,500
2,074,045,100 1,844,607,000
OPERATING PROFIT MARGIN
3.82% 4.27%
8.00%

7.00%
79,127,400 78,674,500
6.00%
1,267,495,500 1,041,519,200
6.24% 7.55% 5.00%

4.00%

3.00%
79,127,400 78,674,500
436,195,200 365,442,700 2.00%

18.14% 21.53% 1.00%

0.00%
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

831,300,300 676,076,500
NET PROFIT MARGIN
436,195,200 365,442,700 5.00%
1.9057988258 1.8500205367 4.50%
4.00%
3.50%
142,925,800 133,547,300 3.00%
(18,039,000) (17,430,100) 2.50%
-7.9231553856 -7.6618780156 2.00%
1.50%
1.00%
0.50%
0.00%
582,682,100 422,982,100 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
354,138,800 303,690,900

RETURN ON ASSETS
8.00%

7.00%
 1.645349507 1.3928046576
RETURN ON ASSETS
8.00%
582,682,100 422,982,100 7.00%
372,210,700 289,897,200
6.00%
210,471,400 133,084,900
354,138,800 303,690,900 5.00%
0.5943189506 0.438224853 4.00%

3.00%

2.00%

1.00%
331053950 288147250
0.00%
868,518,700 752,952,500 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
360 360
2412551.9444 2091534.7222
RETURN ON EQUITIY
137.22148067 137.768332
25.00%

191,956,400 114,556,600 20.00%

2,074,045,100 1,844,607,000
360 360 15.00%
5761236.3889 5123908.3333
33.318612021 22.357269597 10.00%

5.00%
209,739,100 150,635,800
868,518,700 752,952,500
0.00%
360 360 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
2412551.9444 2091534.7222
86.936615182 72.021658737
DEBT AND EQUITY RATIO
3.5
2,074,045,100 1,844,607,000
3
466,723,900 419,931,900
4.4438373522 4.3926336627 2.5

2,074,045,100 1,844,607,000 1.5

1,267,495,500 1,041,519,200
1
1.6363333045 1.7710734473
0.5

0
QUICK RATIO 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018

0.7

0.6
DAYS IN INVENTORY
0.5 160

0.4 140
QUICK RATIO
0.7

0.6
DAYS IN INVENTORY
0.5 160

0.4 140

0.3 120

100
0.2
80
0.1
60
0
2012 2013 2014 2015 2016 2017 2018 40

20

E TURNOVER 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
0

5
Chart Title
4 2.5

3
2

2
1.5
1
1
0
2012 2013 2014 2015 2016 2017 2018
0.5

0
2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
0 2009 2008 2007

N
8.00%

7.00%

6.00%

5.00%

4.00%

3.00%

2.00%

1.00%

0.00%
016 2017 2018

5.00%
4.50%
4.00%
3.50%
3.00%
2.50%
2.00%
1.50%
1.00%
0.50%
0.00%
2016 2017 2018

8.00%

7.00%
 8.00%

7.00%

6.00%

5.00%

4.00%

3.00%

2.00%

1.00%

0.00%
2016 2017 2018

25.00%

20.00%

15.00%

10.00%

5.00%

0.00%
016 2017 2018

3.5

2.5

1.5

0.5

0
015 2016 2017 2018

160

140
 160

140

120

100

80

60

40

20

0
5 2016 2017 2018

2.5

1.5

0.5

0
2015 2016 2017 2018