. Quick Ratio (x) 3.97 5.10 (1.13) Return on Equity (%) 12.70 14.53 (1.83) The lower ROE was a result of lower net profit for 1H17. Debt-to-Equity Ratio (x) 0.08 0.09 (0.01) The lower D/E ratio was a result
2016 Change Reason Liquidity Ratio (x) 7.68 8.56 (0.88) The decreases were attributable to the redemption of partial investment to support the expanding of Company’s business and dividend payment. Quick
2016 Current Ratio Times 1.91 2.12 Quick Ratio Times 0.50 0.50 Average Collection Period Days 33 37 Inventory Days Days 139 182 Accounts Payable Days Days 43 46 Cash Cycle Days 129 173 Leverage
The decrease in account payable Quick Ratio (x) 1.68 1.93 (0.25) The decrease in cash and cash equivalents used for operating activities Return on Equity (%) 0.84 1.89 (1.05) Decrease in performance
Analysis For the period ended 31 March 2020 For the year ended 31 December 2019 Change Reason Liquidity Ratio (x) 6.40 5.85 0.55 The decrease in account payable. Quick Ratio (x) 2.05 1.91 0.14 The decrease
the pro forma financial information of HCGB. Liquidity and Appropriateness of Capital Structure As at 31 December 2018 and 2019, the Company had the current ratios of 1.10 and 1. 14 and the quick ratios
the quick ratios of 0.55 and 0.70, respectively. The increases were because the Company had less inventories corresponding to the decreased sales values. In its business operation, the Company uses the
2019 Change Reason Liquidity Ratio (x) 5.39 5.85 (0.46) Decreased mainly due to current portion of long-term lease liabilities increasing while asset increased less that liabilities increased. Quick
Liquidity Ratio (x) 5.23 4.53 0.70 Increased mainly due to the decline of account payable, while current asset decreased at slower pace. Quick Ratio (x) 1.63 1.93 (0.30) Decreased from lower cash and cash
Tolling Agreement. The Company has been seeking funds from an external source for working capital purpose and preparing to get ready to produce for own sale again and can resume the operation in early of