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    Date: 2021-11-23 14:58:10.460860

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    Date: 2021-11-23 16:32:06.304849

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    Date: 2022-01-17 09:48:18.978886

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Average Financial Ratios of SMEs

Requested from SEC by R. Abrahan at 02:58 PM on Nov 23, 2021.
Purpose: Undergraduate Thesis
Date of Coverage: 01/01/2019 - 12/31/2019
Tracking no: #SEC-044255777131

Abrahan 02:58 PM, Nov 23, 2021

Good day, I would to request for ALL of the average FINANCIAL RATIOS of the whole SMEs in the Philippines in the year 2019.

Gross Profit Margin
Net Profit Margin
Return on Assets
Return on Equity
Inventory Turnover Ratio
Inventory Days Ratio

Gonzales 04:32 PM, Nov 23, 2021

November 23, 2021

Dear Rona Via,

Thank you for your request dated Nov 23, 2021 under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch, for Average Financial Ratios of SMEs.

We received your request on Nov 23, 2021 and will respond on or before Dec 14, 2021 02:58:10 PM, in accordance with the Executive Order's implementing rules and regulations.

Should you have any questions regarding your request, kindly contact me using the reply function on the eFOI portal at https://www.foi.gov.ph/requests/aglzfmVmb2ktcGhyHQsSB0NvbnRlbnQiEFNFQy0wNDQyNTU3NzcxMzEM, for request with ticket number #SEC-044255777131.

Thank you.

Respectfully,

Isma Gonzales
FOI Officer

Abrahan 01:08 PM, Nov 24, 2021

Dear Sir/Ma’am,


Good day. I am writing to ask if there is any way for me and my thesis mates to obtain the information I requested before this week ends since we urgently need it for our undergraduate thesis. We humbly apologize for such a demanding request and for any inconvenience it may cause. 

We regret the fact that we were not aware of the existence of FOI Program until yesterday. Nevertheless, we are hoping that you can help us with obtaining the necessary information that we need for our thesis paper.

I would also like to take this opportunity to clarify that the average financial ratios that we need are those of the merchandising SMEs.

Again, we are sorry for the inconvenience. Thank you so much for your understanding.


Respectfully,

Rona Via

January 17, 2022

Dear Rona Via Abrahan,

Greetings!

Thank you for your request dated Nov 23, 2021 02:58:10 PM under Executive Order No. 2 (s. 2016) on Freedom of Information in the Executive Branch.

Your request

You asked for the Average Financial Ratios of SME in the Philippines for the year 2019.

Response to your request

While our aim is to provide information whenever possible, in this instance this Office does not have the information you have requested. However, you may want to inquire with the Department of Trade and Industry- Bureau of Small and Medium Enterprises Development through email at BSMED@dti.gov.ph. Their contact information are also posted on their official website at https://www.dti.gov.ph/tag/bsmed/.  

Should you need additional information or clarification on the company data that may be obtained from the SEC,  kindly  coordinate with Ms. Ma. Theresa M. Bersabal of our Economic Research and Statistics Division through email address ersd@sec.gov.ph.

Your right to request a review

If you are unhappy with this response to your FOI request, you may ask us to carry out an internal review of the response by writing to Chairperson Emilio B. Aquino through email address ebaquino@sec.gov.ph. Your review request should explain why you are dissatisfied with this response, and should be made within 15 calendar days from the date when you received this letter. We will complete the review and tell you the result within 30 calendar days from the date when we receive your review request. 

If you are not satisfied with the result of the review, you then have the right to appeal to the Office of the President under Administrative Order No. 22 (s. 2011). 

Thank you.

Respectfully,
Rose Ann Espiritu
FOI Officer

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