香港上市主要财务指标公式.docVIP

NEW LISTING APPLICATION (EQUITY) – MAIN BOARD III.D Summary of key financial ratios during the track record period Name of Company : Name of Sponsor(s) : Date submitted : Financial Ratios Formulae For the year ended For the [] months ended Forecast / estimate for the year ending [] [] [] [] [] A. Profitability ratios:- 1. Growth a. Turnover growth b. Net profit growth 2. Profit margins a. Gross margin b. Net profit margin before interest tax c. Net profit margin 3. Return on equity a. Return on equity b. Return on total assets    a. Gross profit / Sales x 100% b. Net profit before interest taxes / Sales x 100% c. Net profit after taxes / Sales x 100% a. Net profit / Shareholders equity x 100% b. Net profit / Total assets x 100% B. Liquidity ratios:- 1. Liquidity ratios a. Current ratio b. Quick ratio 2. Turnover ratios a. Stock turnover days  b. Debtors turnover days (collection period) c. Creditors turnover days (average payment period) a. Current assets / Current liabilities b. Current assets – Stock / Current liabilities a. Stock / Sales x 365 days (or the period generating the sales) b. Debtor / Sales x 365 days c. Trade creditors / Sales x 365 days C. Capital adequacy ratio:- 1. Gearing ratio 1 2. Debt to net worth ratio 1 a. Debt to equity ratio b. Interest coverage  Total debt / Total assets x 100%  a. Net debt 2 / Total assets – Total liabilities x 100% b. Profit before interest and tax / interest D. Explanation for fluctuation:- 1. 2. 3. Notes:- Debts are defined to include payables incurred not in the ordinary course of business. Net debts are defined to include all borrowings net of cash and cash equivalents. Signed by :  (for and on behalf of the Sponsor(s)) The Stock Exchange of Hong Kong Ltd. (A wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited) April 2004 III.D - 3 The Stock Exchange of Hong Kong Ltd. (A wholly-owned subsidiary of Hong Kong Exchanges