Financial Highlights

STATEMENTS OF INCOME (MB) 2016 2017 2018 6M/2018 6M/2019
Sales Revenue 6,541 5,916 5,349 2,687 2,542
COGS 4,438 4,216 4,165 2,020 2,143
Gross Profit 2,104 1,700 1,184 667 399
SG&A 1,406 1,396 1,536 689 536
EBITDA 825 535 (87) 119 4
Depreciation&Amortization 144 181 231 120 121
EBIT 681 347 (318) (1) (117)
Net Profit 530 286 (273) (5) (115)
EPS (Baht) (Based on par value of Baht 0.50) 1.89 1.02 (0.99) (0.02) (0.42)

STATEMENTS OF FINANCIAL POSITION (MB) 2016 2017 2018 6M/2018 6M/2019
Total Assets 3,640 4,390 4,562 4,677 4,489
Total Liabilities 2,061 2,778 3,046 3,206 3,359
Paid-Up Capital 140 140 140 140 140
Shareholders' Equity 1,575 1,612 1,503 1,422 1,013
Dividend per Share (Baht) (Based on par value of Baht 0.50) 0.950 0.550 0.375 0.375 0.000
Dividend Policy

Liquidity Ratios 2016 2017 2018 6M/2018 6M/2019
Current Ratio (x) 0.95 0.91 0.75 0.79 0.72
Quick Ratio (x) 0.50 0.46 0.40 0.40 0.48

Profitabilty Ratios 2016 2017 2018 6M/2018 6M/2019
Gross Profit Margin (%) 32.2% 28.7% 22.1% 24.8% 15.7%
EBIT Margin (%) 10.4% 5.8% -5.9% 0.0% -4.6%
Net Profit Margin (%) 8.1% 4.8% -5.1% -0.2% -4.5%
EBITDA Margin (%) 12.5% 8.9% -1.6% 4.4% 0.2%
ROA (%) 20.4% 8.8% -7.0% 2.9% -9.5%
ROE (%) 37.5% 17.9% -19.9% 6.7% -31.4%

Leverage Ratios 2016 2017 2018 6M/2018 6M/2019
D/E (x) 1.31 1.72 3.06 2.25 3.10
IBD/E (x) 0.75 1.13 2.12 1.65 2.26

Cash Cycle 2016 2017 2018 6M/2018 6M/2019
Inventory Days 64 80 85 78 67
A/R Days 45 47 51 45 58
A/P Days 32 34 40 38 38
Cash Cycle Days 77 93 96 85 86