Financial Highlights

STATEMENTS OF INCOME (MB) 2015 2016 2017 3M/2017 3M/2018
Sales Revenue 5,389 6,541 5,916 1,515 1,361
COGS 3,696 4,438 4,216 1,041 1,022
Gross Profit 1,693 2,104 1,700 474 339
SG&A 1,313 1,406 1,396 341 330
EBITDA 539 825 535 196 75
Depreciation&Amortization 92 144 181 45 58
EBIT 448 681 347 151 18
Net Profit 331 530 286 118 9
EPS (Baht) (Based on par value of Baht 0.50) 1.19 1.89 1.02 0.42 0.03

STATEMENTS OF FINANCIAL POSITION (MB) 2015 2016 2017 3M/2017 3M/2018
Total Assets 3,042 3,640 4,390 3,802 4,562
Total Liabilities 1,788 2,061 2,778 2,114 3,046
Paid-Up Capital 140 140 140 140 140
Shareholders' Equity 1,250 1,575 1,612 1,687 1,503
Dividend per Share (Baht) (Based on par value of Baht 0.50) 0.600 0.950 0.550 0.375 0.550
Dividend Policy Not less than 50% of the net profit from normal operation according to consolidated financial statement after deduction of tax revenue and legal reserve (with additional conditions)

Liquidity Ratios 2015 2016 2017 3M/2017 3M/2018
Current Ratio (x) 1.13 0.95 0.91 0.96 0.91
Quick Ratio (x) 0.66 0.50 0.46 0.54 0.57

Profitabilty Ratios 2015 2016 2017 3M/2017 3M/2018
Gross Profit Margin (%) 31.4% 32.2% 28.7% 31.3% 24.9%
EBIT Margin (%) 8.2% 10.4% 5.8% 9.8% 1.3%
Net Profit Margin (%) 6.1% 8.1% 4.8% 7.7% 0.7%
EBITDA Margin (%) 6.1% 8.1% 4.8% 12.7% 5.5%
ROA (%) 14.8% 20.4% 8.6% 20.0% 5.1%
ROE (%) 29.3% 37.5% 17.9% 35.4% 11.1%

Leverage Ratios 2015 2016 2017 3M/2017 3M/2018
D/E (x) 1.43 1.31 1.72 1.25 2.03
IBD/E (x) 0.68 0.75 1.13 0.68 1.50

Cash Cycle 2015 2016 2017 3M/2017 3M/2018
Inventory Days 76 64 80 63 72
A/R Days 57 45 47 48 51
A/P Days 43 32 34 38 31
Cash Cycle Days 90 77 93 73 92