Financial Analysis Financial Analysis

Unit: NT$K
Financial Ratio
2013 2014 2015
Capital structure (%) Debt ratio 20 20 22
Long-term funds to fixed assets 832 873 900
Liquidity (%) Current ratio 446 447 402
Quick ratio 387 378 349
Interest guarantee (times) -- -- --
Operating performance (%) Average collection turnover (times) 6.07 5.85 5.91
Average inventory turnover (times) 60 62 62
Average collection days 4.02 3.71 3.90
Average inventory turnover (times) 4.40 4.29 4.12
Average payment turnover (times) 91 98 94
Fixed assets turnover (times) 7.96 8.34 9.18
Total assets turnover (times) 0.78 0.78 0.81
Return on investment (%) Return on total assets (%) 16 16 15
Return on stockholders' equity (%) 20 20 20
Income before tax to capital (%) 41 42 41
Net income to sales (%) 20 20 19
Earnings per share (NTD) 3.50 3.57 3.47
Cash flow (%) Cash flow ratio (%) 114 90 95
Cash flow adequacy ratio (%) 124 110 111
Cash flow reinvestment ratio (%) 5 (1) 2
Degree of leverage Degree of operating leverage 1.86 1.90 1.99
Degree of financial leverage 1.00 1.00 1.00