Financial Highlights

Financial Highlights (MB) 2013 2014 2015 2016
Sales Revenue 5,088 4,767 5,389 6,541
COGS 3,636 3,183 3,696 4,438
Gross Profit 1,451 1,585 1,693 2,104
SG&A 1,163 1,249 1,313 1,406
EBITDA 481 499 539 826
Depreciation&Amortization 78 82 92 144
EBIT 404 418 448 681
Net Profit 283 307 331 530
EPS (Baht) 2.02 2.22 2.37 3.79
Total Assets 2,676 2,992 3,042 3,640
Total Liabilities 1,628 1,976 1,788 2,061
Paid-Up Capital 140 140 140 140
Shareholders' Equity 1,048 1,012 1,250 1,575
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)

Financial Ratios 2013 2014 2015 2016
Current Ratio (x) 0.99 0.98 1.13 0.95
ROE (%) 26.7% 29.8% 29.3% 37.5%
ROA (%) 15.0% 14.7% 14.8% 20.4%
D/E (x) 1.55 1.95 1.43 1.31
Gross Profit Margin (%) 28.5% 33.2% 31.4% 32.2%
EBIT Margin (%) 7.8% 8.6% 8.2% 10.4%
Net Profit Margin (%) 5.4% 6.3% 6.1% 8.1%

Cash Cycle 2013 2014 2015 2016
A/R Days 45 52 57 45
Inventory Days 71 88 76 64
A/P Days 64 49 43 32
Cash Cycle Days 52 91 90 77