Profitability
2023202220212020
DuPont Analysis (7 components)
Return on Equity (ROE) 60.31%48.23%27.59%12.13%
Return on Assets (ROA)
19.28%15.45%8.89%4.13%
Total Assets Turnover 49.03%44.62%36.24%33.31%
Net Profit Margin
39.31%34.62%24.54%12.39%
EBIT Margin ( EBIT / Sales ) 46.68%42.68%31.51%17.66%
Tax Burden Ratio ( NI / EBT ) 93.28%92.45%99.57%121.21%
Interest Burden Ratio ( EBT / EBIT ) 90.3%87.74%78.21%57.88%
Financial Leverage 3.133.123.102.94
Other Profitability Ratios
Gross Profit Margin 0.690.670.610.57
Net Operating Margin 0.450.430.310.17
Return on Common Equity (ROCE) 60.31%48.23%27.59%12.13%
Return on Total Capital (ROTC) 60.31%48.23%27.59%12.13%
Equity Turnover 1.531.391.120.98
Penman's Advanced Decomposition
Return on Equity (ROE) 60.31%48.23%27.59%12.13%
Return on Net Operating Assets (RNOA) 26.38%22.16%13.28%7.11%
NOPAT Margin 42.41%40.01%30.93%18.97%
Net Operating Assets Turnover 62.21%55.39%42.94%37.46%
Net Financial Leverage 168.63%166.23%165.44%151.31%
Effective Interest Rate 2.83%4.53%4.41%3.83%
Earnings-interest Spread 23.55%17.63%8.87%3.28%