Question
By utilising the formula, the DuPont model and with the profit attributable to owners of the parent that can be obtained from the firms audited
By utilising the formula, the DuPont model and with the profit attributable to owners of the parent that can be obtained from the firms audited financial statements, determine the return of equity (%) of TPGC from 2015 to 2019. Perform a time series and in-depth analysis on the return of equity (%) of TPGC. (Hints: The DuPont model is based on the Net Profit Margin x Asset Turnover x Debt (or Equity) Multiplier)
Year | 2015 | 2016 | 2017 | 2018 | 2019 |
Net Profit Margin | 11.14% | 12.49% | 9.64% | 10.30% | 7.60% |
Total Assets Turnover(times) | 0.9340 | 1.0904 | 1.1505 | 0.7996 | 0.8441 |
Financial Leverage Multiplier | 1.6650 | 1.4509 | 1.4724 | 2.2018 | 2.2271 |
ROE | 17.33% | 19.76% | 16.33% | 18.14% | 14.28% |
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