Annual Report 2019

88 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 REPORT OF THE DIRECTORS 董事會報告書 財務關鍵表現指標 本集團於截至二零一九年和二零一八年十二 月三十一日止年度的財務關鍵表現指標綜合 如下： 流動比率 本集團於二零一九年十二月三十一日的流動 比率（以流動資產除以流動負債計算）為 1.28 倍，相對於二零一八年十二月三十一日的 1.19 倍為高。 流動資金比率 本集團於二零一九年十二月三十一日的流動 資產比率（以流動資產減存貨除以流動負債計 算）為 1.08 倍，較於二零一八年十二月三十一 日的 1.01 倍略高。 負債比率 本集團於二零一九年十二月三十一日之負債 比率（以計息貸款總額減銀行結存及現金（包 括抵押銀行存款）除以權益總額計算）較二零 一八年十二月三十一日報 71.4% 顯著下降至 50.8% 。 FINANCIAL KEY PERFORMANCE INDICATORS The financial key performance indicators of the Group for the years ended 31 December 2019 and 2018 are summarised as follows: 2019 2018 Change 二零一九年 二零一八年 變動 1. Current ratio (times) 流動比率（倍） 1.28 1.19 N/A 不適用 2. Liquidity ratio (times) 流動資金比率（倍） 1.08 1.01 N/A 不適用 3. Gearing ratio (%) 負債比率 (%) 50.8 71.4 –20.6pp 百分點 4. Average turnover period on trade receivables (days) 應收賬款平均 周轉期（天） 96 97 -1 5. Percentage of past due trade receivables (%) 逾期應收賬款 百分比 (%) 23.7 24.6 –0.9pp 百分點 6. Average turnover period on inventories (days) 存貨平均周轉期 （天） 64 58 +6 7. Average turnover period on trade payables (days) 應付賬款平均 周轉期（天） 110 108 +2 8. Steel cord production capacity utilisation ratio (%) 鋼簾線產能 利用率 (%) 99.3 97.0 +2.3pp 百分點 Current ratio Current ratio (calculated as current assets divided by current liabilities) of the Group was 1.28 times at 31 December 2019, higher than 1.19 times at 31 December 2018. Liquid ratio Liquid ratio (calculated as current assets less inventories divided by current liabilities) of the Group was 1.08 times at 31 December 2019, slightly higher than 1.01 times at 31 December 2018. Gearing ratio Gearing ratio (calculated as total interest bearing borrowings less bank balances and cash (included pledged bank deposits) divided by total equity) of the Group decreased markedly from 71.4% at 31 December 2018 to 50.8% at 31 December 2019.