Annual Report 2021

77 年報 2021 ANNUAL REPORT REPORT OF THE DIRECTORS 董事會報告書 財務關鍵表現指標 本集團於截至二零二一年和二零二零年十二月 三十一日止年度的財務關鍵表現指標綜合如 下： 流動比率 本集團於二零二一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 1.09 倍， 相對於二零二零年十二月三十一日的 1.15 倍為 低。 流動資金比率 本集團於二零二一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 0.88 倍，較於二零二零年十二月三十一日的 1 倍為低。 負債比率 本集團於二零二一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（包括已 抵押銀行存款）除以權益總額計算）較二零二零 年十二月三十一日報 29.4% 下降至 24.1% 。 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（不包括於中國銷售的增值 稅）除以總營業額乘以 365 天計算）為 89 天，比 於去年度為 98 天減少 9 天。 FINANCIAL KEY PERFORMANCE INDICATORS The financial key performance indicators of the Group for the years ended 31 December 2021 and 2020 are summarised as follows: 2021 2020 Change 二零二一年 二零二零年 變動 1. Current ratio (times) 流動比率（倍） 1.09 1.15 N/A 不適用 2. Liquidity ratio (times) 流動資金比率（倍） 0.88 1.00 N/A 不適用 3. Gearing ratio (%) 負債比率 (%) 24.1 29.4 -5.3pp 百分點 4. Average turnover period on trade receivables (days) 應收賬款平均周轉期（天） 89 98 -9 5. Average turnover period on inventories (days) 存貨平均周轉期（天） 57 60 -3 6. Average turnover period on trade payables (days) 應付賬款平均周轉期（天） 87 115 -28 Current ratio Current ratio (calculated as current assets divided by current liabilities) of the Group was 1.09 times at 31 December 2021, lower than 1.15 times at 31 December 2020. Liquidity ratio Liquidity ratio (calculated as current assets less inventories divided by current liabilities) of the Group was 0.88 time at 31 December 2021, lower than 1 time at 31 December 2020. 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 from 29.4% at 31 December 2020 to 24.1% at 31 December 2021. Average turnover period on 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 89 days for the year, shorter by 9 days as compared to 98 days for the previous year.