FINANCIAL INFO
REVENUE RECOGNITION Revenue from property development for sales
Revenues from sales of land and houses and sales of residential condominium are recognised as income when the significant risks and rewards of ownership have been transferred to the buyer that the company and the subsidiaries retains neither continuing managerial involvement nor effective control over the land and houses and the condominium sold, directly and indirectly. The recognised amount and cost incurred in respect of the transaction can be measured reliably.
Unit : THB Million
|
Financial Highlights |
2017 |
2018 |
2019 |
9M2020 |
|
|
Total Revenues |
31,757 |
27,146 |
26,291 |
26,511 |
|
|
Net Profit |
2,825 |
2,046 |
2,392 |
1,085 |
|
|
Total Assets |
80,341 |
95,357 |
108,336 |
110,502 |
|
|
Total Liabilities |
49,422 |
64,504 |
76,461 |
73,143 |
|
|
Total Shareholders' Equity |
30,919 |
30,852 |
31,875 |
37,360 |
|
|
|
2018 |
2019 |
9M2020 |
| |
| LIQUIDITY RATIO |
| Key Financial Ratios |
Times |
2.43 |
2.64 |
2.66 |
| Quick Ratio |
Times |
0.31 |
0.22 |
0.19 |
| Operating Cash Flow to Total Debt |
Times |
(0.09) |
(0.10) |
0.05 |
| Accounts Receivable Turnover |
Times |
50.18 |
17.00 |
17.20 |
| Collection Period |
Days |
7.17 |
21.17 |
20.93 |
| Inventory Turnover |
Times |
0.29 |
0.23 |
0.38 |
| Inventory Turnover |
Days |
1,226.26 |
1,579.64 |
945.16 |
| Accounts Payable Turnover |
Times |
5.77 |
6.99 |
5.63 |
| Payment Period |
Days |
62.38 |
51.53 |
63.93 |
| Cash Cycle |
Days |
1,171.06 |
1,549.28 |
902.16 |
| |
| Profitability Ratio |
| Gross Profit Margin (of Core Revenue) |
% |
29.21 |
25.32 |
21.79 |
| Gross Profit Margin (of Revenue from Project Sales) |
% |
32.10 |
29.01 |
22.86 |
| Net Profit Margin |
% |
7.54 |
9.10 |
4.09 |
| Return on Equity |
% |
6.62 |
7.63 |
4.18 |
| |
| Efficiency Ratio |
| Return on Total Assets |
% |
2.33 |
2.35 |
1.32 |
| Return on Fixed Assets |
% |
13.60 |
13.88 |
7.61 |
| Asset Turnover |
Times |
0.30 |
0.24 |
0.31 |
| |
| Financial Ratio |
| Net Debt to Equity Ratio |
Times |
12.81 |
13.07 |
13.51 |
| Debt-to-Equity Ratio |
Times |
2.09 |
2.40 |
1.96 |
| Gearing Ratio |
Times |
1.56 |
1.82 |
1.43 |
| Net Gearing Ratio |
Times |
1.43 |
1.75 |
1.37 |
| Interest Coverage |
Times |
1.75 |
2.09 |
1.43 |
| Debt Service Coverage Ratio |
Times |
0.29 |
0.37 |
0.24 |
| Payout Ratio |
% |
50.00 |
50.00 |
50.00 |
| |
| Per Share |
| Book Value per Share |
Baht |
2.08 |
2.24 |
2.63 |
| Earnings per Share |
Baht |
0.14 |
0.17 |
0.08 |
| Dividend per Share |
Baht |
0.12 |
0.08 |
0.12 |
| |