Financial Analysis

 
    2014 2015 2016 2017 2018
Capital Structure Analysis Debts Ratio (%) 39.89 41.44 36.54 36.15 38.53  
Long-term Fund to Property, Plant and Equipment (%) 124.85 126.66 123.65 128.61 116.39  
Liquidity Analysis  Current Ratio (%) 180.63 192.30 166.98 173.34 132.72  
Quick Ratio (%) 118.91 113.09 121.78 129.77 78.62  
Times Interest Earned (%) 21.80 11.25 14.95 27.25 44.32  
Operating Performance Analysis   Average Collection Turnover (Times) 4.98 4.51 4.80 3.98 4.39  
Days Sales Outstanding 73.29 80.93 76.04 91.70 83.14  
Average Inventory Turnover (Times) 3.00 2.55 3.15 4.14 3.49  
Average Inventory Turnover Days 121.66 143.12 115.87 88.16 104.58  
Property, Plant and Equipment Turnover (Times) 0.77 0.66 0.78 0.89 0.95  
Total Assets Turnover (Times) 0.48 0.43 0.50 0.55 0.59  
Profitability Analysis  Return on Total Assets (%) 7.86 4.66 6.43 8.20 10.15  
Return on Equity (%) 11.69 7.07 9.81 12.39 15.84  
Pre-tax Income to Paid-in Capital Ratio (%) 23.59 16.86 21.06 28.07 40.14  
Net Margin (%) 15.30 9.67 11.80 14.22 16.69  
Basic Earnings Per Share (NT$) 2.03 1.36 1.76 2.35 3.20  
Cash Flow  Cash Flow Ratio (%) 63.02 47.00 87.14 67.10 59.21  
Cash Flow Adequacy Ratio (%) 48.14 39.70 52.82 71.32 73.74  
Cash Flow Reinvestment Ratio (%) 9.10 2.82 14.20 8.98 9.63