Ratios Calculation

Profitability Ratios

Formula

2005

2006

2007

Gross Profit Ratio

Net Profit Ratio
EBITDA Margin
ROE
ROCE

Gross Profit / Sales

Net Profit / Sales
EBIT / Sales
PAT-PD / Equity
PAT / C.E

12,184,945 / 84,710,404 = 14.38

2,735,978 / 84,710,404 = 3.23
8,962,851 / 84,710,404 = 10.58
2,735,978 / 12,884,008 = 21.23
2,735,978 / 37,123,722 = 7.37

13,864,796 / 107,897,291 = 12.85

3,722,244 / 107,897,291 = 3.45
10,365,180 / 107,897,291 = 9.61
3,722,244 / 15,108,692 = 24.64
3,722,244 / 42,304,241 = 9.01

13,408,802 / 122,091,652 = 10.98

2,678,343 / 122,091,652 = 2.19
9,558,766 / 122091652 = 7.83
2,678,343 / 16,289,475 = 16.44
2,678,343 / 47,326,877 = 5.66

Efficiency Ratios

Formula

2005

2006

2007

Inventory TurnOver
Debtor TurnOver
Total Assets T.O
Fixed Assets T.O

COGS / Avg.Invt
Sales / Avg.Rec
Sales / Total Assets
Sales / Fixed Assets

71,192,390 / 11,968,647 = 228.85

84,710,404 /11,968,647 = 7.08
84,710,404/65,076,359 = 1.30
84,710,404/40,722,243 = 2.09

91,986,318/ 14,356,384 = 232.24

107,897,291/14,356,384 = 7.52
107,897,291/77,236,569 = 1.40
107,897,291/43,789,649 = 2.48

99,168,250 / 15,377,702 = 215.78

122,091,652/15,377,702 = 7.94
122091652/83,650,858 = 1.46
122091652/50,342,380 = 2.44

Investment Ratios

Formula

2005

2006

2007

EPS
Mkt Val. Per Share
Share's Highest Val
Share's Lowest Val
P/E Ratio

PAT-PD / NOS
_
_
_
Price per sh /Earning per sh

2,754,818000/499186600 = 5.52
61.3
81
47.5
61.3 / 5.52 = 11.1

3,722,244,000/549,105,300 = 6.77
100
124.4
55.5
100 / 6.77 = 14.77

2,678,343,000/549,105,339 = 4.88
70.9
102.9
63.45
70.9 / 4.88 = 14.52

Leverage Ratios

Formula

2005

2006

2007

Debt:Equity Ratio
Dividend Yield Ratio
Div.Payout Ratio
Int. Coverage Ratio
Current Ratio
Quick Test Ratio

Debt / Equity
DPS / Price per sh
DPS / EPS
EBIT / Interest
Current Assets / Current Liab
Current Assets - Current Liab

49
4.89
54.74
5.04
1.83
1.16

6,653,924 / 16,289,475 = 40
3
40.23
5.34
2.49
1.23

6,653,924 / 16,289,475 = 29
4.23
61.51
5.94
1.63
1.24

2008

2009

15,047,572 / 123,404,537 = 12.19

2,496,690 / 123,404,537 = 2.02
9,601,371 / 123,404,537 = 7.78
2,496,690 / 17,138,849 = 14.56
2496690 / 56,625,245 = 4.41

17,596,492 / 160,714,737 = 10.95

930,536 / 160,714,737 = 0.58
8,263,505 / 160,714,737 = 5.14
930,536 / 16,147,516 = 5.76
930,536 / 59,299,927 = 1.57

2008

2009

109,107,461 / 17,493,226 = 218.48

123,404,537/17,493,226 = 7.05
123,404,537/97,647,643 = 1.26
123,404,537/62,788,440 = 1.98

151,337,339 / 22,231,874 = 231.27

160,714,737/22,231,874 = 7.23
160,714,737/122,348,124 = 1.31
160,714,737/79,211,266 = 2.04

2008

2009

2,496,690,000/549,105,339 = 4.55
43.57
83
39.47
43.57 / 4.55 = 9.58

930,536,000/549,105,339 = 1.69
31.95
45.75
17.52
31.95 / 1.69 = 19.9

2008

2009

4,342,358 / 17,138,849 = 20
8.03
76.98
6.04
1.3
1.09

106,200,608 / 5,491,053 = 19
0 / 31.95 = 0
0 / 1.69 = 0
1,730,240 / 552,160 = 3.13
43,136,877 / 52,391,734 = 0.82
43,136,858 - 52,391,734 = 0.77