Profitability and Market ratios 

	2022	2021	Industry average
Return on equity	1.70%	4.74%	12.01%
Return on assets	0.88%	2.42%	7.46%
Net profit margin	13.11%	39.64%	29.54%
Expense ratio	37.39%	40.73%	n/a
Cash flow to sales	46.65%	38.90%	n/a
Dividend payout ratio	271.55%	83.19%	45.49%
Price earnings ratio	49.65 times	18.45 times	12.34 times

 

Suggested discussion

*What happened to the Profitability Ratios overall? 

*Why did the change occur

*What specifically happened at SCG 

*Where there is minimal change could elaborate on why SCG remains stable