Financial Information

Division	2010	2011	2012	2013	2014
TiO2	108,648	139,355	138,742	124,081	104,651
Etc	16,068	31,711	25,007	22,369	17,896
Cobalt		1,296	16,457	16,160	11,705
Total	124,716	172,363	180,207	162,610	134,252

Division	2010	2011	2012	2013	2014
Gross Margin	20791	24,986	42,068	25,527	8,506
Operating Profit	6445	5,915	21,202	5,561	11,169
Net Profit	2,216	30,909	14,010	17,649	3,518

Division		2010	2011	2012	2013	2014
Stability	Current Ratio	54.1%	84.5%	79.5%	62.4%	42.7%
	Debt Ratio	97.8%	107.1%	130.3%	128.9%	188.4%
	Borrowing Ratio	33.1%	36.2%	42.3%	41.1%	39.6%
	Interest expense Ratio	0.81	2.31	0.44	0.93	1.91
Profitability	Operating income to Sales Ratio	4.7%	12.3%	3.1%	6.9%	16.8%
	Net income to Sales Ratio	24.8%	8.1%	9.8%	2.2%	32.3%
	Return on Asset(ROA)	0.6%	7.1%	2.7%	3.5%	0.7%
	Return on Equity(ROE)	14.1%	5.5%	8.1%	1.6%	24.5%
	Turnover ratio of inventories	9.17	3.06	2.58	2.92	3.18
	Turnover ratio of trade receivables	11.74	10.55	10.51	10.70	11.35
	Payable turnover ratio	14.25	7.62	10.45	8.69	4.73
	Turnover ratio of Net worth	0.57	0.68	0.83	0.72	0.76
	Turnover ratio of Tatal asset	0.29	0.33	0.36	0.32	0.26
Growth Rate	Sales growth rate	20.3%	38.2%	4.6%	9.8%	16.3%
	Operating income growth rate	320.0%	258.5%	73.8%	300.8%	105.2%
	Net income growth rate	622.9%	54.7%	226.0%	119.9%	1349.7%
	Total Assets growth rate	22.6%	21.4%	5.3%	2.8%	0.6%