Q. Do a DuPont analysis of for the company 'S' and describe what insight you get from the analysis. 2021 2020 2019 Net profit 671,862,451 53,326,984 429,023,969 Sales 13,293,569,580 10,351,450,641 10,562,041,464 Average total Asset 15602187302 14285438223 12593574027 Average total Equity 7394885657 7328168939 7471585915 DuPont equation states that the return on equity is calculated by multiplying the net profit margin with asset turnover and financial leverage. Decomposition of return on equity into sub-parts helps companies to understand the changes that occur in their ROE over a particular period of time. Financial Leverage ROE Net Income Sales Sales Total Assets Total Assets Average Shareholder Equity Total Assets Average Shareholder Equity Sales Total Assets Asset Turnover = Net Profit Margin = Net Income Sales