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. 2021 Aug 20;72:213–225. doi: 10.1016/j.eap.2021.08.002

Table 3.

Descriptive statistics for stock groups.

Market type
Main Board (2696 firms)

SME/GEM (882 firms)
Mean Std.Dev Min Median Max Mean Std.Dev Min Median Max

Total Asset 102.49 1107.66 0.09 5.68 30109.44 3.57 6.87 0.18 1.99 101.35
Current Ratio (%) 55.67 20.56 3.51 57.60 99.74 63.04 17.96 11.07 63.06 99.28
ROA (%) 3.58 8.20 −150.18 3.46 52.62 2.18 14.79 −191.91 4.64 39.87
Profit Margin (%) 11.78 66.43 −572.59 8.24 2330.08 −164.37 4931.20 −146269.71 10.52 144.93
Net Profit Margin (%) 11.43 146.34 −579.61 6.89 7019.96 −167.91 4925.60 −146088.83 9.45 123.90

Industry classification
Finance (116 firms)

Utility (630)
Mean Std.Dev Min Median Max Mean Std.Dev Min Median Max

Total Asset (billion) 341.95 2337.03 0.49 6.13 24878.29 96.83 1248.74 0.15 4.87 30109.44
Current Ratio (%) 55.32 17.61 5.46 56.56 90.68 54.85 22.07 3.72 55.81 98.73
ROA (%) 1.71 7.00 −39.51 1.86 11.85 2.42 10.99 −150.18 3.46 29.67
Profit Margin (%) 47.52 238.77 −342.31 14.31 2330.08 8.69 69.20 −542.02 8.69 1404.26
Net Profit Margin (%) 93.06 675.80 −406.33 12.06 7019.96 5.91 65.49 −579.61 7.09 1208.05

Property (182 firms)

Conglomerate (75 firms)
Mean Std.Dev Min Median Max Mean Std.Dev Min Median Max

Total Asset(billion) 143.96 976.67 0.25 5.71 10216.71 10.35 20.12 0.46 4.20 144.49
Current Ratio (%) 65.43 19.69 14.70 67.94 98.44 58.75 23.02 11.42 58.54 99.74
ROA (%) 3.57 5.78 −42.70 3.08 14.92 3.70 10.76 −29.22 2.04 52.62
Profit Margin (%) 11.22 22.65 −111.18 10.29 144.93 10.45 48.94 −184.75 6.38 361.00
Net Profit Margin (%) 8.65 19.42 −112.07 7.95 123.90 9.56 47.63 −171.14 4.84 356.39

Industry (2419 firms)

Commerce (156 firms)
Mean Std.Dev Min Median Max Mean Std.Dev Min Median Max

Total Asset (billion) 60.58 791.47 0.14 3.93 25436.26 33.86 201.27 0.09 3.60 1800.79
Current Ratio (%) 57.41 19.55 3.51 58.50 99.28 61.51 19.86 9.45 64.55 94.04
ROA (%) 3.48 10.51 −191.91 3.97 39.87 3.17 8.36 −37.31 4.04 22.93
Profit Margin (%) −52.21 2975.62 −146269.71 9.02 707.37 −3.40 103.42 −1249.19 6.13 54.62
Net Profit Margin (%) −55.04 2972.24 −146088.83 7.70 523.88 −4.60 100.06 −1208.22 4.90 51.53

Note: This table reports the mean, standard deviation, minimum, median and maximum of five firms’ financial statement information: Natural logarithm of total assets, Current Ratio, Return on Assets, Profit Margin and Net Profit Margin, in the market type stock groups (Main Board and SME/GEM) and industry classification groups (Finance, Utility, Property, Conglomerate, Industry and Commerce). The financial statement information is from the fiscal year of 2019.