Financial Performance (THB million)
Financial Position (THB million)
Unit: THB million
| 2017 | 2018 | 2019 | ||
|---|---|---|---|---|
| Financial Performance | ||||
| Total Revenue* | 6,643 | 5,684 | 5,326 | |
| Gross profit | 4,127 | 3,225 | 2,925 | |
| Net profit | 3,499 | 2,595 | 2,271 | |
| Financial Position | ||||
| Assets | 34,910 | 38,799 | 41,575 | |
| Liabilities | 9,847 | 9,794 | 11,042 | |
| Equity | 25,063 | 29,005 | 30,533 | |
| Key Financial Ratio | ||||
| Gross margin (%) | 62.13% | 56.74% | 54.91% | |
| Net profit margin (%) | 52.67% | 45.66% | 42.63% | |
| ROA (%) | 11.51% | 7.12% | 5.63% | |
| ROE (%) | 14.73% | 9.61% | 7.63% | |
| Debt to equity ratio | 0.39 | 0.34 | 0.36 | |
| Interest-bearing debts to equity (times) | 0.36 | 0.28 | 0.28 | |
| EPS** (Baht per share) | 7.08 | 4.87 | 3.97 | |
* Including revenue from share of profit from investments in associates
** Calculated using weighted average number of ordinary shares
In 2018, there were extraordinary items, consisting of gain on change in investment classification (THB 434.0 million) mainly as a result of additional investment in Sahacogen (Chonburi) Plc. (Shareholding increased from 16.88% to 20.88% as at 31 December 2018) and disposal of investment in Thai Hoover Industry Co., Ltd. (Shareholding decreased from 33.58% to 19.40% as at 31 December 2018).
In 2017, there were extraordinary items,, consisting of gain on change in investment classification (THB 1,015.17 million) and gain on price bargaining (THB 817.65 million), offset with non-recurring expenses (THB 94.71 million after tax) which were related to an entire business transfer ("EBT") of President Holding Co., Ltd. and issuance of convertible debentures in June 2017.