Ratios in Fundamental Analyasis

股东回报率 - 净收入除以股东基金

ROE是基本派投资家的最神奇投资武器之一，它包含了三个管理层常用的重要杠杆-- 收益率(profitability)、资产管理(asset management)、财务杠杆（finance leverage)。ROE越高就表示管理层的管理效率越佳。同时，这也显示管理层能够平衡与有效的使用这三个杠杆来为公司赚取最高的利润。


DY - Dividend yield
股息率 - 一年的总派息额与市价的比例

Indicator Formula
Performance Ratio
Gross Profit Margin = (Profit Before Tax/Turnover)*100
Net Profit Margin = (Profit After Tax/Turnover)*100
Return on Shareholders Equity = Profit After Tax/Total Shareholders Funds
Current Assets Turnover = Revenue/Current Assets
Fixed Assets Turnover = Revenue/Fixed Assets
Total Assets Turnover = Revenue/Total Assets
Revenue Per Share = Revenue/Issued Shares
Inventory Turnover = Revenue/Inventory

Liquidity Ratio
Current Ratio = Current Assets/Current Liabilities
Acid Test Ratio = (Current Assets-Stock)/Current Liabilities
Interest Coverage = Profit Before Tax/Interest Charge

Growth Ratio
Annual Revenue Growth Rate(%) = ((Current Year Revenue-Last Year Revenue)*100)/Last Year Revenue
Annual Profit Growth Rate (%) = ((Current Year Profit-Last Year Profit)*100)/Last Year Profit

Debt Ratio
Debtors Turnover (Days) = (Debtors/Turnover)*365
Creditors Turnover (Days) = (Creditors/Turnover)*365
Debt Ratio (%) = (Total Liabilities/Total Assets)*100
Current Debt To Equity Ratio (%) = (Current Liabilities/Shareholders Fund)*100
Total Debt To Equity Ratio (%) = (Total Liabilities/Shareholders Fund)*100