Computation for the year 2015

I. Liquidity ratio

𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡 18,298,994.87

Current ratio(Times): 𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑙𝑖𝑡𝑒𝑠= 3,049,120.74 = 6.00

𝑄𝑢𝑖𝑐𝑘 𝐴𝑠𝑠𝑒𝑡 14,088,666.87

Quick ratio(Times):𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠= 3,049,120.74 = 4.62

II. Leverage ratio

𝑇𝑜𝑡𝑎𝑙 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 3,049,120.74

Debt to asset ratio (%): = = 0.16
𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡 18,298,994.87

III. Activity ratio

𝐴𝑐𝑐𝑜𝑢𝑛𝑡𝑠 𝑅𝑒𝑐𝑒𝑖𝑣𝑒𝑏𝑙𝑒 9,938,115.24

Day Sales Outstanding(Days): 𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠 = 159,731,796.56 = 22
360 360

𝐶𝑜𝑠𝑡 𝑜𝑓 𝐺𝑜𝑜𝑑𝑠 𝑠𝑜𝑙𝑑 151,576,460.12

Inventory Turnover Ratio: = =36
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐼𝑛𝑣𝑒𝑛𝑡𝑜𝑟𝑦 4210328

𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠 159,731,796.56

Total Asset Turnover (Times): = = 8.73
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠 18,298,994.87

𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠 159,731,796.56

Fixed Asset Turnover (Times):𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐹𝑖𝑥𝑒𝑑 𝐴𝑠𝑠𝑒𝑡= 4
= 39,932,949.14

IV. Profitability Ratios

𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 2,762,203.28

Net Profit Margin (%): = =0.0173
𝑆𝑎𝑙𝑒𝑠 159,731,796.56

𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 2,762,203.28

Return on Total Asset (%):𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠=18,298,998.87= 0.1509
 𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 2,762,203.28
Return on Stockholders’ Equity (%):𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝐸𝑞𝑢𝑖𝑡𝑦=15,249,878.13= 0.1811

Earnings per Share= 55.24

Computation for the year 2016

I. Liquidity ratio

𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐴𝑠𝑠𝑒𝑡 22,585,960.89

Current ratio(Times): = = 5.71
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑙𝑖𝑡𝑒𝑠 3,955,952.68

𝑄𝑢𝑖𝑐𝑘 𝐴𝑠𝑠𝑒𝑡 18,012,455.15

Quick ratio(Times): = = 4.55
𝐶𝑢𝑟𝑟𝑒𝑛𝑡 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 3,955,952.68

II. Leverage ratio

𝑇𝑜𝑡𝑎𝑙 𝐿𝑖𝑎𝑏𝑖𝑙𝑖𝑡𝑖𝑒𝑠 3,955,952.68

Debt to asset ratio (%): 𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡
= 22,585,964.89= 0.18

III. Activity Ratios

𝐴𝑐𝑐𝑜𝑢𝑛𝑡𝑠 𝑅𝑒𝑐𝑒𝑖𝑣𝑒𝑏𝑙𝑒 11,452,291

Day Sales Outstanding (Days): 𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠 = 199,977,925.08 = 21
360 360

𝐶𝑜𝑠𝑡 𝑜𝑓 𝐺𝑜𝑜𝑑𝑠 𝑠𝑜𝑙𝑑 190,977,280.78

Inventory Turnover Ratio:𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐼𝑛𝑣𝑒𝑛𝑡𝑜𝑟𝑦= 4,021,943.66
= 47.48

𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠 199,977,925.08

Total Asset Turnover (Times):𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠= 20,442,477.88 = 9.78
 𝑁𝑒𝑡 𝑆𝑎𝑙𝑒𝑠 199,977,925.08
Fixed Asset Turnover (Times): = = 49,994,481.27
𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝐹𝑖𝑥𝑒𝑑 𝐴𝑠𝑠𝑒𝑡 4

𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 3,380,134.08

Net Profit Margin (%): 𝑆𝑎𝑙𝑒𝑠
=199,977,280.78= 0.0169

𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 3,380,134.08

Return on Total Asset (%):𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝐴𝑠𝑠𝑒𝑡𝑠=20,442,477.88= 0.165

𝑁𝑒𝑡 𝑃𝑟𝑜𝑓𝑖𝑡 3,380,134.08

Return on Stockholders’ Equity (%):𝐴𝑣𝑒𝑟𝑎𝑔𝑒 𝑇𝑜𝑡𝑎𝑙 𝐸𝑞𝑢𝑖𝑡𝑦=16,939,945.17= 0.1995

Earnings per Share= 67.6

2016 2015
Liquidity Ratios
Current Ratio (Times) 5.71 6.00
Quick or Acid-Test Ratio (Times) 4.55 4.62
Leverage Ratios
Debt-to-Total Asset Ratio (%) 0.18 0.16
Activity Ratios
Day Sales Outstanding (Days) 8 11
Inventory Turnover Ratio 47.48 36.00
Total Asset Turnover (Times) 9.78 8.73
Fixed Asset Turnover (Times) 49,994,481.27 39,932,949.14
Times Interest Earned N/A N/A
Profitability Ratios
Net Profit Margin (%) 0.0169 0.0173
Return on Total Asset (%) 0.165 0.1509
Return on Stockholders’ Equity (%) 0.1995 0.1811
Earnings per Share 67.6 55.24