CEMENT SECTOR

Presentors:
Aiman Khan 2211146
Basit Shaikh 2211143
Mahnoor Mujahid 2211161
Kirpa Waswani 2211388
 TABLE OF CONTENT
RATIO ANALYSIS
Kohat Cement
 Year 2021
 Year 2022
 Year 2023
 Graphs
Bestway Cement
 Year 2021
 Year 2022
 Year 2023
 Graphs
Lucky Cement
 Year 2021
 Year 2022
 Year 2023
 Graphs
Attock Cement
 Year 2021
 Year 2022
 Year 2023
 Graphs
 2021
Gross Profit Margin :24.8o
Operating Profit Margin :22.45
Net Profit Margin :14.54 Profitability
Return On Equity :15.74
Return On Capital :18.948
Return On Total Assets :7.06
Current Ratio:1.3
Quick Ratio: 0.75
Liquidity Working Capital :2276555
Cash Ratio :0.55

Asset Turnover :0.67times

Inventory Turnover :84 Efficiency
Receivables days :22
Paybles days: 100

Debt To Total :22.06

Leverage Debt To Equity :28.3
Interest Cover :10.45
 2022

Leverage
Profitability

Debt To Total:19.53
• Gross Profit : 29.84 Debt To Equity:24.28
• Operating Profit :28.78 Interest Cover 1:7.6
• Net Profit :15.28
• Return Equity :18.44
• Return On Capital:27.94
• Return On Total Asset 11.58

75
Efficiency Liquidity

Current Ratio:1.87
Quick Ratio:1.28
Asset Turnover :0.76time Networking Capital :8287840
Inventory Turn Over: 89 Cashratio:1.11
Receivables days:17
Paybles days: 87
 2023
Profitability
Efficiency
Grossprofit:26.80% Assest Turnover 0.79times
Operating profit:28.80%
Net
. Profit :14.96% Inventory Turnover 98
Return On Equity:17.85%
Return On Capital:28.29 Account Recevaible days:18
Return On Assets:11.75 % Account Payable days: 66

Q2

Q3
Liquidity
Current Ratio:2.31
Leverage
Quick Ratio:1.54
Debt To Total 17.68%
Net Working Capital: 13000906
Debt To Equity 21.4%
Cash Ratio: 1.33 Interest Cover 15.14
 2021

Profitability Liquidity Efficiency Leverage

Gross Profit 29.81%
Current Ratio 1.41 Asset Turnover :0.57 times Debt To Total
Operating Profit 17.20%
Net Profit 13.50% Quick Ratio 0.707 Inventory Turn :98days 28.04%
Return On Equity 19.20% Net Working Capital Receivables days : 11days Debt To Equity
Return On Capital 13.86% 6365901 Payable days :95days 38.97%
Return On Assets 11.70% Cash Ratio 0.247 Interest Cover
14times
 2022
Profitability Efficiency

Gross Profit Margin: 32.00% Assets Turnover Ratio 0.54 times

Operating Profit Margin 26.45% Inventory Turnover Ratio 124days
Net Profit Margin14.14% Account Receivable days18days
Return On Equity17.00% Account Payable days 113day
Return On Capital Employed 19.75%
Return On Total Assets 7.67%

Leverage
Liquidity
Debt To Total 37.00 %
Debt To Equity 61.20%
Current Ratio 0.72a Interest Cover 13 Times
Quick Ratio 0.25
Net Working Capital -9811324
Cash Ratio 0.61
 2023
Efficiency

Profitability Assets Turn Over 0.5 Times

Gross Profit 31.13

Inventory Turnover 129 Days
Operating Profit 28
Net Profit 13.55 Receivable days 10 Days
Return Equity 19.22
Return On Capital 18.63 Payable days 86 Days
Return On Asset 6.78

Liquidity

Current Ratio 0.8

Quick Ratio 0.33 Leverage
Net Working Capital -8698374
Cash Ratio 0.14 Debt To Total 52.63%

Debt To Equity111.11%

Interest Cover 4 Times

35 PROFITIBILITY RATIOS
LIQUIDITY RATIOS
30
1.6 1.41
25 1.4
1.2
20
1 0.8
0.8 0.72 0.707
15 0.61
0.6
10 0.4 0.33 0.25 0.247
0.2 0.14
5 0
CURRENT RATIO QUICK RATIO CASH RATIO
0
2023 2022 2021
2023 2022 2021
GROSS PROFIT MARGIN OPERATING PROFIT MARGIN
NET PROFIT MARGIN RETURN ON EQUITY
RETURN ON CAPITAL EMPLOYED RETURN ON TOTAL ASSETS

EFFICIENCY RATIOS 120 111.11

LEVERAGE RATIOS
140 129 124 100
120 113
98 95 80
100 86 61.2
80 60 52.63
37 38.97
60 40
40 13 28.4
18 11 20
20 10 4 14
0.5 0.54 0.57
0 0
ASSETS INVENTORY ACCOUNT ACCOUNT 2023 2022 2021
TURNOVER TURNOVER RECIVEABLE PAYABLE
DEBT TO TOTAL DEBT TO EQUITY INTEREST COVER
2023 2022 2021
 2021
Profitability Efficiency
Gross Profit 22.95
Assets Turnover 0.57 Times
Operating Profit 14.49
Inventory Turnover 111 Days
Net Profit 13.63
Receivable days 32days
Return On Equity 17.98
Payable days 162days
Return On Capital Employed 11.10
Return On Total Assets 7.81

Liquidity Leverage

Current Ratio 1.2

Debt To Total 42%
Quick Ratio 0.68
Debt To Equity 72.30%
Net Working Capital. 19960031
Interest Cover 21 Times
Cash Ratio 0.44
 2022
Efficiency
Profitability
Gross Profit Margin 18.45 % Assets Turnover 65times
Operating Profit 14.40% Inventory Turnover 118
Net Profit 10.95 % 01 02 Recievable days 62
Return On Equity 17.83% Payable days108
Return On Capital Employed 13.19%
Return On Total Assets 7.07%

04 03

Liquidity
Current Ratio 1.18 Leverage
Quick Ratio 0.6 Debt To Total 43.63%
Net Working Capital 26402887 Debt To Equity 77.40%
Cash Ratio 0.2 Interest Cover 7times
 2023
Profitability

Gross Profit 24.31

Operating Profit 21.40
Net Profit 12.84
Return On Equity 18.94 Efficiency
Return On Capital Employed 19.06
Assets Turnover 0.63times
Return On Total Assets 8.13
Inventory Turnover 89 Days

Liquidity Receivable days70days

Payable days101days

Current Ratio 1.36

Leverage
Quick ratio 0.95
Debt To Total 39.70%
Net Working Capital. 63062256
Debt To Equity 65.80%
Cash Ratio 0.47
Interest Cover 3 Times
 PROFITIBILITY RATIOS LIQUIDITY RATIOS
30
1.6
25 1.36
1.4
1.18 1.2
20 1.2
1 0.95
15
0.8 0.68
10 0.6
0.6 0.47 0.44
5 0.4
0.2
0.2
0
2023 2022 2021 0
CURRENT RATIO QUICK RATIO CASH RATIO
GROSS PROFIT MARGIN OPERATING PROFIT MARGIN
NET PROFIT MARGIN RETURN ON EQUITY 2023 2022 2021
RETURN ON CAPITAL EMPLOYED RETURN ON TOTAL ASSETS
LEVERAGE RATIOS

90
77.4
EFFICIENCY RATIOS 80
65.77
72.3
70
200 60
162
150 50 43.63 42
118 111 39.7
89 101 108 40
100 70 62 30
32 21
50 20
0.63 0.65 0.57 7
0 10 3
ASSETS INVENTORY ACCOUNT ACCOUNT
0
TURNOVER TURNOVER RECIVEABLE PAYABLE 2023 2022 2021

2023 2022 2021 DEBT TO TOTAL DEBT TO EQUITY INTEREST COVER

 2021

Profitability
Gross Profit Margin 22.5.%
Operating Profit 12.33% Efficiency
Net Profit 8.32% Assets Turnover 0.74times
Return On Equity 10.55% Inventory Turnover 79days
Return On Capital Employed Receivable days 22 Days
13.40% Payable days 116days
Return On Total Assets 6.20%

Liquidity Leverage
Current Ratio 1.25 Times Debt To Total 16%
Quick Ratio 0.84 Debt To Equity 19%
Net Working Capital Interest Cover 4.88.Time
29112212
Cash Ratio 0.4
 2022

Profitability Efficiency
Gross Profit Margin 18%
Operating Profit Margin 10.79% Assets Turnover 0.434 times
01 Net Profit 3.74% 02
Return On Equity 3.08% Inventory Turnover 185days
Return On Capital Employed 6.26%
Return On Assets 1.34% Receivable days 19days
Payable days 155days

04 03

Liquidity
Leverage
Current Ratio 1.03times
Quick Ratio 0.52 Debt To Total 29.40%
Net Working Capital 2767411 Debt To Equity 41.57%
Cash Ratio 0.133 Interest Cover 9times
 2023
Profitability Efficiency
Gross Profit Margin 22.27%
Operating Profit 12.43% Assets Turnover 0.44 Times
Net Profit 6% Inventory Turnover 70days
Return On Equity 4.93% Receivable days 22days
Return On Capital Employed 7.69% Payable days 129days
Return On Assets 2.64%

Leverage
Liquidity
Current Ratio 0.707 Debt To Total 25.40 %
Quick Ratio 0.44 Debt To Equity 34%
Net Working Capital -4164310 Interest Cover 11times
Cash Ratio 0.17
25 PROFITIBILITY RATIOS LIQUIDITY RATIOS
20
1.4
1.25
15 1.2
1.03
1
10 0.84
0.8 0.707
5 0.6 0.52
0.44 0.4
0.4
0
2023 2022 2021 0.17 0.133
0.2
GROSS PROFIT MARGIN OPERATING PROFIT MARGIN 0
CURRENT RATIO QUICK RATIO CASH RATIO
NET PROFIT MARGIN RETURN ON EQUITY
RETURN ON CAPITAL EMPLOYED RETURN ON TOTAL ASSETS
2023 2022 2021

LEVERAGE RATIOS
EFFICIENCY RATIOS
200 185 45 41.57
155 40
160 34
129 35
116 29.4
120 30 25.4
79 25
80 70 19
20 16
15 11
40 22 19 22 9
10 4.88
0.440.4340.74
0 5
ASSETS INVENTORY ACCOUNT ACCOUNT 0
TURNOVER TURNOVER RECIVEABLE PAYABLE 2023 2022 2021

2023 2022 2021 DEBT TO TOTAL DEBT TO EQUITY INTEREST COVER