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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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