Financial Position

Unit : Million Baht

(Unit: Million Baht)

Balance Sheet 2018 2019 2020 Q2/2021
Total Assets 144,356 152,176 144,979 199,557
Total Liabilities 116,413 113,468 107,063 101,599
Total Equity 27,943 38,707 37,916 97,958

Revenue from Sales and Services

Unit : Million Baht

EBITDA

Unit : Million Baht

Net Profit

Unit : Million Baht

(Unit: Million Baht)

Statement of Income 2018 2019 2020 1H/2021
Revenue from Sales and Services (1) 594,128 577,134 428,804 237,168
Total Expenses (2) 587,499 569,548 420,942 229,700
Net Profit 9,493 10,895 8,791 7,228
Basic EPS (3) (Baht/share) 0.60 1.21 0.98 0.64
Note:
  • (1)    From 2021 onwards, total revenue is calculated as the sum of sales and service income
  • (2)    Total Expenses = Cost of sales and rendering of services + Selling and distribution expenses + Administrative expenses
  • (3)    Basic EPS = Profit (Loss) for the period / weighted average of common shares outstanding during the period.

Profitability Ratio

Unit : %

Leverage Ratio

Unit : Times
Financial Ratio Unit 2018 2019 2020 1H/2021
Current Ratio (1) Times 1.8 1.9 1.7 2.7
Gross Profit Margin (2) % 5.3 5.9 7.7 8.1
Net Profit Margin (3) % 1.6 1.9 2 3
Return on Equity (ROE) (4) % 27.4 32.7 22.9 20.1
Return on Assets (ROA) (5) % 7.9 7.3 5.9 7.9
Net Interest Bearing Debt to Equity (Net IBD/E) (6) Times 1.7 0.7 1.1 (0.02)
Debt Service Coverage Ratio (7) Times 2.1 1.9 5.6 4.1
Note:
  • (1)   Current ratio = current assets / current liabilities
  • (2)   Gross profit margin = gross profit (loss) for the period / sales and services income, x 100
  • (3)   Net profit margin = profit (loss) for the period / total revenue, x 100
  • (4)   Return on equity = Profit (loss) for the year / average total shareholder’s equity, x 100 (8)
  • (5)   Return on assets = profit (loss) for the period / average total assets, x 100 (8)
  • (6)   Net interest-bearing debt to equity = Total net interest bearing debt / total shareholders’ equity
  • (7)   Debt service coverage ratio = EBITDA + Cash and cash equivalents + Current investments / Proceeds from (repayment of) bank overdrafts and short-term loans + Repayment of long-term loans + Repayment of finance lease instalments + Finance costs paid (8)
  • (8)   The reference financial ratio is calculated on an annualized basis