Hybrid Finl. Service Key Ratios

The company's ROE saw a significant rebound from 2.15% (2023) to 11.09% (2025), driven primarily by a sharp increase in PAT margin, which improved from 20.55% to 93.64%.Asset turnover remained relatively stable but showed a minor reduction during 2023, indicating efficiency in utilizing assets was not a primary driver of ROE fluctuations in that period.Leverage decreased gradually throughout the period, which demonstrates a conservative approach to debt, potentially enhancing ROE as the firm relies less on borrowed capital.

Inventory days data is missing; hence no evaluation can be made on this component's efficiency. Receivable days increased from 15.34 in 2022 to 20.84 in 2023, suggesting potential delays in collection and impacting liquidity negatively, before slightly improving over the next two years.The Cash Conversion Cycle (CCC) increased from 15.34 to 20.84 within the same period, then trending downwards, indicating managing working capital is a growing concern that may require attention.

The fluctuations in ROE (6.74% to 11.09%) were closely mirrored by movements in ROCE and ROA, with each ratio showing gradual improvement as operational profitability rose.ROA increased significantly from 1.31% in 2023 to 7.85% in 2025, suggesting better utilization of assets to generate earnings, which is crucial for long-term sustainability.The overall trend highlights equity efficiency is driving returns positively, while debt efficiency (ROCE) shows an upward trajectory, indicating enhanced operational performance on both fronts.