Annual Report 2020

REPORT OF THE DIRECTORS 董事會報告書 88 SHOUGANG CONCORD CENTURY HOLDINGS LIMITED 首長寶佳集團有限公司 FINANCIAL KEY PERFORMANCE INDICATORS The financial key performance indicators of the Group for the years ended 31 December 2020 and 2019 are summarised as follows: 2020 2019 Change 二零二零年 二零一九年 變動 1. Current ratio (times) 流動比率（倍） 1.15 1.28 N/A 不適用 2. Liquidity ratio (times) 流動資金比率（倍） 1.00 1.08 N/A 不適用 3. Gearing ratio (%) 負債比率 (%) 29.4 50.8 –21.4pp 百分點 4. Average turnover period on trade receivables (days) 應收賬款平均周轉期（天） 98 96 +2 5. Percentage of past due trade receivables (%) 逾期應收賬款百分比 (%) 24.6 23.7 +0.9pp 百分點 6. Average turnover period on inventories (days) 存貨平均周轉期（天） 60 64 –4 7. Average turnover period on trade payables (days) 應付賬款平均周轉期（天） 115 110 +5 Current ratio Current ratio (calculated as current assets divided by current liabilities) of the Group was 1.15 times at 31 December 2020, lower than 1.28 times at 31 December 2019. Liquidity ratio Liquidity ratio (calculated as current assets less inventories divided by current liabilities) of the Group was 1 time at 31 December 2020, slightly lower than 1.08 times at 31 December 2019. 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 50.8% at 31 December 2019 to 29.4% at 31 December 2020. Average turnover period of trade receivables Average turnover period on trade receivables (calculated as average trade receivables for the year (exclusive of value- added tax in respect of sales in the PRC) divided by gross revenue times 365 days) was 98 days for the year, longer by 2 days as compared to 96 days for the previous year. 財務關鍵表現指標 本集團於截至二零二零年和二零一九年十二月 三十一日止年度的財務關鍵表現指標綜合如 下： 流動比率 本集團於二零二零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 1.15 倍，相 對於二零一九年十二月三十一日的 1.28 倍為低。 流動資金比率 本集團於二零二零年十二月三十一日的流動 資金比率（以流動資產減存貨除以流動負債計 算）為 1 倍，較於二零一九年十二月三十一日的 1.08 倍略低。 負債比率 本集團於二零二零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）較二零一九年 十二月三十一日報 50.8% 顯著下降至 29.4% 。 應收賬款平均周轉期 本集團於本年度的應收賬款平均周轉期（以本 年度平均應收賬款除以總營業額（不包括於中 國銷售的增值稅）乘以 365 天計算）為 98 天，比 於去年度為 96 天增加 2 天。