RATIO ANALYSIS

2021 2022 2023

PROFITABILITY RATIOS
1 Return on Capital Employed (ROCE)-% 7.8 9.4 13.4

2 Return on Asset (ROA)-% 7.7 9.3 13.4

3 Gross Profit as % of Sales (Margin)-% 10.1 16.6 10.4

4 Gross Profit as % of Cost of Sales (Margin) 11.2 20.0 11.6

5 Return on Sales (Net Profit as % of sales) 7.9 13.7 8.9

6 Return on Equity (ROE) 5.8 7.4 11.7

2021 2022 2023

LIQUIDITY RATIOS
1 Current Ratio/ Working Capital Ratio (Times) 17.4 19.2 69.3

2 Quick Ratio (Times) 0.2 1.5 8.8

ACTIVITY/EFFICIENCY RATIOS 2021 2022 2023

1 Inventory Turnover (Times) 12.4 4.4 10.3

2 Account Receivable Collection Period(Days) 0.4 2.5 1.2

3 Account Payable Payment Period (days) 8.2 3.1 1

4 Asset Turnover 1.2 0.8 2.0