Financial Performance (THB million)
Financial Position (THB million)
Unit: THB million
| 2016 | 2017 | 2018 | ||
|---|---|---|---|---|
| Financial Performance | ||||
| Total Revenue* | 4,440 | 6,643 | 5,684 | |
| Gross profit | 2,125 | 4,127 | 3,225 | |
| Net profit | 1,698 | 3,499 | 2,595 | |
| Financial Position | ||||
| Assets | 25,126 | 34,910 | 38,788 | |
| Liabilities | 2,638 | 9,847 | 9,783 | |
| Equity | 22,488 | 25,063 | 29,006 | |
| Key Financial Ratio | ||||
| Gross margin (%) | 47.9% | 62.1% | 56.7% | |
| Net profit margin (%) | 38.2% | 52.7% | 45.7% | |
| ROA (%) | 7.1% | 11.5% | 7.1% | |
| ROE (%) | 7.9% | 14.7% | 9.6% | |
| Debt to equity ratio | 0.12 | 0.39 | 0.34 | |
| Interest-bearing debts to equity (times) | 0.08 | 0.36 | 0.31 | |
| EPS** (Baht per share) | 3.44 | 7.08 | 4.87 | |
* 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 1,015.2 million) and gain on price bargaining (THB 817.6 million), offset with non-recurring expenses (THB 94.7 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.