Purpose
The Industrial Key Financial Ratios serves as a valuable reference for financial institutions. According to the member institutions, it provides a better understanding of the financial condition of each industry and serves as a valid benchmark for evaluating the credit standing of individual companies.
The Industrial Key Financial Ratios is reviewed and published annually. The revision is based upon comments and suggestions from the member institutions to fully meet the needs of its users..
Notes on the 2012 Edition
The financial statements selected in this publication represent 80% of those collected in a whole year. In the 2012 version, the collected financial statements totaled 26,243, of which 22,686 were valid samples. Such a high percentage would better disclose the financial condition of the industries covered. Based upon the recommendations of the member institutions, the major improvements and changes of the new version are as follows:
1. New CD edition
In the interests of environmental protection and better data retention, the 2012 version is issued in compact discs after the Center consulted with its member institutions. In order to respect intellectual property rights, it is presented in PDF format, providing for only browsing, printing and full-text search or indexing. It is recommended that industry codes or names be used as keywords for searching purposes.
2. More transparency of financial ratios
To increase the transparency of the information without violating the Secrets Law, we calculate and disclose the financial ratios of every industry with all revenue intervals, unless the industry has only one financial report issued by a non-public company. To ensure objectivity, we don’t include the financial ratios of an industry from which we collected less than 7 financial statements.
3. Segregation of this publication and online products
To meet the need of member institutions for credit review and in response to their different needs, the financial class online information products "F05 Corporate finance as compared with the industry - major financial ratios and F10 Corporate finance as compared with the industry - by financial ratio and amount" still adopt the principle of maximum disclosure.
To better serve our member institutions, this publication is published in early September every year. It provides 46 types of financial ratios and each ratio has 6 measures: Comprehensive average (A+), Arithmetic average (A), Median (M), Lower quartile (L), Upper quartile (U), and Standard deviation (S).
We highly recommend that this publication be used together with our another publication Industrial Financial Structure & Statistics. Please address any question or suggestion to us at telephone 886-2-23813939 or email jcic@jcic.org.tw.
Copyright 2012
JointCreditInformationCenter