Common Sized Balance Sheet Common Sized Income Statement Financial Ratio Analysis

ASSETS 2020 2021 2022

% of assets % of assets % of assets 2020 2021 2022 Financial Ratio 2020 2021 2022
Cash and Cash Equivalents 2,895,810,907,792 7.31% 1,846,031,657,278 4.02% 1,840,277,216,149 3.12% % of Net sales % of Net sales % of Net sales Liquidity Ratios
Accounts Recievables 15,918,339,540,755 40.17% 18,453,855,667,885 40.17% 26,541,952,082,774 45.02% Net Sales 15,203,045,739,464 100.00% 9,064,540,013,208 100.00% 33,077,353,157,675 100.00% Current ratio 0.8399 1.1167 0.9515
Inventories 712,093,262,127 1.80% 811,247,030,655 1.77% 982,716,071,675 1.67% Cost of Goods Sold 17,134,487,072,513 112.70% 11,149,212,614,522 122.998% 36,509,084,802,874 110.37% Quick ratio 0.8105 1.0755 0.9207
Short-term Investment 600,000,000,000 1.51% 855,000,000,000 1.86% 678,000,000,000 1.15% Gross Profit (1,931,441,333,049) -12.70% (2,084,672,601,314) -22.998% (3,431,731,645,199) -10.37% Efficiency Ratios
Other Current Assets 241,090,815,323 0.61% 57,397,521,356 0.12% 314,953,841,071 0.53% Financial Activities Income 973,719,418,083 6.40% 4,006,098,731,871 44.195% 3,062,706,458,235 9.26% Inventory turnover -24.0621 -13.7433 -37.1512
Financial Expenses
Total Current Assets 20,367,334,525,997 51.40% 22,023,531,877,174 47.94% 30,357,899,211,669 51.49% (include interest expenses) 436,846,911,283 2.87% 847,642,151,061 9.351% 2,477,565,275,788 7.49% Day's sales in inventory -15.1691 -26.5584 -9.8247
Fixed Assets 849,517,153,152 2.14% 1,150,549,548,863 2.50% 5,696,170,178,204 9.66% Interest Expense 452,572,729,500 2.98% 804,782,847,259 8.878% 1,383,641,245,573 4.18% Accounts receivable turnover 0.9551 0.4912 1.2462
Long-term Assets in Progress 693,772,535,906 1.75% 353,832,538,752 0.77% 205,173,460,148 0.35% Selling Expenses 834,501,191,221 5.49% 664,292,574,365 7.328% 974,354,663,543 2.95% Day's sales outstanding 382.1730 743.0777 292.8835
Long-term Recievables 12,468,380,233,254 31.47% 16,097,617,489,750 35.04% 15,426,702,194,537 26.17% Administrative Expenses 367,875,750,832 2.42% 339,129,946,085 3.741% 506,943,134,799 1.53% Total asset turnover 0.3837 0.1973 0.5610
Long-term Investment 257,244,065,926 0.65% 230,917,024,400 0.50% 230,917,024,400 0.39% Net Profit (2,596,945,768,302) -17.08% 70,361,459,046 0.776% (4,327,888,261,094) -13.08% Fixed asset turnover 17.8961 7.8784 5.8069
Other Long-term Assets 4,989,326,306,905 12.59% 6,085,219,961,667 13.25% 7,040,145,887,915 11.94% Other Income 825,028,045,439 5.43% 9,420,716,960 0.104% 1,422,661,965,892 4.30% Leverage Ratios
Total Long-term Assets 19,258,240,295,143 48.60% 23,918,136,563,432 52.06% 28,599,108,745,204 48.51% Other Expense 7,709,519,283 0.05% 328,042,456 0.004% 77,019,583,576 0.23% Total debt ratio 0.8731 0.8479 0.9255
Total Assets 39,625,574,821,140 100.00% 45,941,668,440,606 100.00% 58,957,007,956,873 100.00% Other Profit 817,318,526,156 5.38% 9,092,674,504 0.100% 1,345,642,382,316 4.07% Debt-to-equity ratio 6.8833 5.5750 12.4155

Liabilities & Equity Earnings Before Taxes (1,779,627,242,146) -11.71% 79,454,133,550 0.877% (2,982,245,878,778) -9.02% Equity multiplier 7.8833 6.5750 13.4155
Current Accounts Payable 3,408,029,776,509 8.60% 3,225,625,657,657 7.02% 9,850,796,142,818 16.71% Taxes (current) (169,141,000,000) -0.51% Times interest earned -4.2677 -2.5904 -2.4802
Short-term Advances from Customers 813,996,258,084 2.05% 593,136,306,365 1.29% 2,240,798,216,080 3.80% Taxes (deferred) 3,326,620,164,827 21.88% (86,692,296,300) -0.956% 558,787,619,233 1.69% Profitability Ratios:
Taxes and Duties Payable 296,437,889,385 0.75% 288,786,201,884 0.63% 361,331,715,430 0.61% Net Income (1,453,007,077,319) -9.56% (7,238,162,750) -0.080% (2,592,599,259,545) -7.84% Gross profit margin -12.70% -23.00% -10.37%
Accrued Payroll 62,911,822,426 0.16% 76,828,088,897 0.17% 183,009,403,971 0.31% Addtion to Retained Earnings (1,453,007,077,319) -9.56% (7,238,162,750) -0.080% (2,592,599,259,545) -7.84% Operating profit margin -20.61% -20.61% -34.07%
Current Accrued Expenses 851,938,440,357 2.15% 910,026,134,815 1.98% 822,241,895,740 1.39% Net profit margin -9.56% -9.56% -0.08%
Current Unearned Revenue 867,654,596,914 2.19% 381,579,736,840 0.83% 3,503,454,041,287 5.94% EBIT return on assets -7.91% -6.72% -8.33%
Current Other Payables 5,991,200,493,090 15.12% 5,284,553,082,384 11.50% 4,488,246,329,798 7.61% Return on assets -3.67% -0.02% -4.40%
Short-term Loans 10,094,815,636,734 25.48% 7,320,070,386,166 15.93% 8,549,901,782,085 14.50% Return on equity -28.91% -0.10% -58.99%
Short-term Provisions 1,864,157,374,566 4.70% 1,314,535,033,134 2.86% 1,758,368,694,808 2.98% Market-Value Indicators:
Employee Bonus and Welfare Funds 327,150,076,791 0.71% 146,291,785,064 0.25% Price-earnings ratio 955.41 922.26 -26.21
Current Liabilities 24,251,142,288,065 61.20% 19,722,290,704,933 42.93% 31,904,440,007,081 54.11% Earnings per share 131 139 -4,177
Other Long-term Payables 5,636,355,880 0.01% 5,636,355,880 0.01% 5,662,224,160 0.01% Market-to-book ratio 3.56 1.47 2
Long-term Loans 1,347,040,509,856 3.40% 8,140,241,446,768 17.72% 10,309,745,847,108 17.49%
Deferred Tax Liabilities 67,824,775,143 0.17% 154,517,071,443 0.34% 0.00%
Long-term Provisions 8,927,390,616,148 22.53% 10,931,701,879,918 23.79% 12,342,478,156,405 20.93%
Long-term Liabilities 10,347,892,257,027 26.11% 19,232,096,754,009 41.86% 22,657,886,227,673 38.43%
Total Liabilities 34,599,034,545,092 87.31% 38,954,387,458,942 84.79% 54,562,326,234,754 92.55%
Comtributed Capital 5,416,113,340,000 13.67% 5,416,113,340,000 11.79% 5,416,113,340,000 9.19%
Capital Surplus 245,949,492,805 0.62% 247,483,117,899 0.54% 247,483,117,899 0.42%
Treasury Stock (2,347,121,362,620) -5.92%
Retain Earnings 1,711,598,805,863 4.32% 1,323,684,523,765 2.88% (1,268,914,735,780) -2.15%
Total Owners Equity 5,026,540,276,048 12.69% 6,987,280,981,664 15.21% 4,394,681,722,119 7.45%
Total Liabilities & Equity 39,625,574,821,140 100.00% 45,941,668,440,606 100.00% 58,957,007,956,873 100.00%