资本回报率
营业利润率下降。该行业的运营利润率为19%,两年公司的利润率较低。这是由于这一事实营业费用比2010年增加了400%以上。因此,营业利润没有增加显著增加2010年的营业利润率。
两年的资本回报率——BlackSea比资本回报率——大约10%较小的行业。然而,资本回报率——在2010年有所增加。这是由于这一事实营业利润增加,总资产也下降。流动负债也增加了300已越来越影响使用的资本回报率。因此业务是更有效的比2010年和2010年盈利。
资产回报率在2010年有所增加。这是因为增加营业收入的百分比超过平均总资产的比例增加。这意味着更多的利润返回的业务更有利可图,因为它对资产、资产更有效地管理;土地和建筑物被购买,库存增加,银行资产和贸易recieveables也是如此。
资本回报率
The gross margin basically shows the profitability of the company’s products. Gross margin does not include operating expenses only cost of goods sold is included. Black Sea plc’s gross profit margins decreased from 49.4% to 47.4%. However in both years they were lesser than the Industry’s Gross profit margin. The decrease in gross profit margin is because although the gross profit and net sales increased, but they increased in different proportions. The net sales increased in a larger proportion than the gross profit.
The operating profit margin decreased as well. The industry’s operating profit margin was 19% and the company’s margins were less in both years. This is due to the fact that the operating expenses increased by more than 400 percent in 2010 than the previous year. Therefore the operating profit did not increase significantly to increase the operating profit margin of 2010.
In both the years the return on capital employed of BlackSea was around 10% lesser than the return on capital employed of the industry. However the return on capital employed increased in 2010. This is due to the fact that the operating profit increased and so did the total assets. The current liabilities also increased by 300 which had an increasing effect on the return on capital employed. Therefore the business was more efficient and profitable in 2010 than in 2009.
The return on assets increased in 2010. This is because the percentage increase of operating income was more than the percentage increase of average total assets. This suggests that the business was more profitable as it returned more profit on assets and assets were managed more effectively; land and buildings were purchased, inventories increased and so did bank balance and trade recieveables.
