Financial ratios and profitability
Pursuant to CMB Communiqué Series XI, No. 25, the ratios regarding the financial structure and profitability of the Company are as follows:
| Current Ratio (Current assets/ |
2007 |
2006 |
| Short-term liabilities) |
2.54 |
3.85 |
| Asset Turnover Ratio (Net sales revenue/ |
|
|
| Total assets) |
0.50 |
0.65 |
| Liabilities/Shareholders' Equity |
1.30 |
0.38 |
| Financing Expenses/Total Assets |
(0.026) |
0.013 |
| Operating Profit/Total Assets |
0.08 |
0.12 |
| Operating profit/Net Sales Revenue |
0.17 |
0.18 |
| Net Operating Profit/Net Sales Revenue |
0.13 |
0.14 |
| Gross Profit Margin |
0.41 |
0.33 |
|