Financial Highlights

STATEMENTS OF INCOME (MB) 2014 2015 2016 2017 6M/2017 6M/2018
Sales Revenue 4,771 5,389 6,541 5,916 2,885 2,687
COGS 3,165 3,696 4,438 4,216 2,033 2,020
Gross Profit 1,606 1,693 2,104 1,700 852 667
SG&A 1,248 1,313 1,406 1,396 658 689
EBITDA 499 539 825 535 323 119
Depreciation&Amortization 82 92 144 181 91 120
EBIT 418 448 681 347 232 (1)
Net Profit 307 331 530 286 180 (5)
EPS (Baht) (Based on par value of Baht 0.50) 1.11 1.19 1.89 1.02 0.64 (0.02)

STATEMENTS OF FINANCIAL POSITION (MB) 2014 2015 2016 2017 6M/2017 6M/2018
Total Assets 2,992 3,042 3,640 4,390 3,808 4,677
Total Liabilities 1,976 1,788 2,061 2,778 2,217 3,206
Paid-Up Capital 140 140 140 140 140 140
Shareholders' Equity 1,012 1,250 1,575 1,612 1,591 1,422
Dividend per Share (Baht) (Based on par value of Baht 0.50) 0.555 0.600 0.950 0.550 0.375 0.000
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 2014 2015 2016 2017 6M/2017 6M/2018
Current Ratio (x) 0.98 1.13 0.95 0.91 0.85 0.79
Quick Ratio (x) 0.53 0.66 0.50 0.46 0.44 0.40

Profitabilty Ratios 2014 2015 2016 2017 6M/2017 6M/2018
Gross Profit Margin (%) 33.7% 31.4% 32.2% 28.7% 29.5% 24.8%
EBIT Margin (%) 8.6% 8.2% 10.4% 5.8% 7.9% (0.1%)
Net Profit Margin (%) 6.4% 6.1% 8.1% 4.8% 6.1% (0.2%)
EBITDA Margin (%) 6.4% 6.1% 8.1% 4.8% 11.0% 4.4%
ROA (%) 15.5% 14.8% 20.4% 8.6% 16.6% 2.7%
ROE (%) 33.3% 29.3% 37.5% 17.9% 30.6% 6.7%

Leverage Ratios 2014 2015 2016 2017 6M/2017 6M/2018
D/E (x) 1.95 1.43 1.31 1.72 1.39 2.25
IBD/E (x) 1.12 0.68 0.75 1.13 0.83 1.65

Cash Cycle 2014 2015 2016 2017 6M/2017 6M/2018
Inventory Days 88 76 64 80 70 78
A/R Days 52 57 45 47 47 45
A/P Days 49 43 32 34 41 38
Cash Cycle Days 91 90 77 93 76 85