Ratio Analysis

		Formula		Calculation				Answer
				2020		2019		2020		2019
Return on equity	=	Net Income	=	RM33,182,135		RM27,895,303	=	6.87%		6.13%
		Total Assets		RM483,062,401		RM455,075,022
Profit Margin	=	Net Income	=	RM33,182,135		RM27,895,303	=	6.50%		5.88%
		Sales		RM510,737,818		RM474,033,018
Total asset turnover	=	Sales	=	RM510,737,818		RM474,033,018	=	105.73%		104.17%
		Total Assets		RM483,062,401		RM455,075,022
Equity Multiplier	=	Total Assets	=	RM483,062,401		RM455,075,022	=	155.48%		163.78%
		Total Equity		RM310,693,781		RM277,855,884

Give recommendations to improve firm performance based on the conclusion from above ratios computed.