Summary of Financial Performance

Unit: Mil. Baht
Financial Performance 2018 2019 2020
Million % Million % Million %
Total Assets 1,056.19 100.00 1,011.20 100.00 650.54 100.00
Total Liabilities 282.31 26.73 217.36 21.50 43.90 6.75
Total Equities 773.88 73.27 793.84 78.50 606.64 93.25
Total Revenue 793.63 - 742.45 - 422.69 -
Net Profit 102.19 12.88 110.11 14.83 11.69 2.77
Earnings Per Share (Baht) 0.26   0.27   0.029  

Remark : Earnings Per Share is calculated from the total number of shares in each year as follows:
2018: 412,811,723 ordinary shares
2019: 454,029,949 ordinary shares
2020: 354,718,827 ordinary shares

Financial Ratio

2018 2019 2020
Liquidity Ratios
Current Ratio 2.83 3.30 8.69
Quick Ratio 2.16 2.73 7.97
Cash Ratio 0.39 0.69 1.45
Account Receivable Turnover 3.66 3.86 3.34
Average Collection Period (Day) 98 93 108
Inventory Turnover 3.86 3.57 5.04
Days Sales of Inventory (Days) 93 101 71
Account Payable Turnover 11.04 11.21 17.75
Day Payable Outstanding (Days) 33 32 20
Cash Cycle (Day) 158 162 159
Profitability Ratio
Gross Profit Margin (%) 24.08% 28.48% 14.08%
Operating Profit Margin (%) 16.81% 19.26% 4.35%
Cash to Profit Margin (%) 78.70% 118.67% 991.66%
Net Profit Margin (%) 12.88% 14.83% 2.77%
Return On Equity (%) 14.07% 14.05% 1.67%
Efficiency Ratio
Return On Assets (%) 13.19% 13.65% 2.17%
Return On Fixed Assets (%) 60.22% 64.90% 11.36%
Total Asset Turnover 0.80 0.72 0.51
Financial Policy Ratio
Debt to Equity Ratio 0.36 0.27 0.07
Interest Coverage 30.80 56.57 99.07
Dividend Payout (%) 88.00% - 96.82%