Financial Highlights
Net Profit
Unit: Million Baht
Total revenues
Unit: Million Baht
Total Assets
Unit: Million Baht
Sales Proportion 2024
| 3 Years Financial Highlights | % Growth Rate | |||||
|---|---|---|---|---|---|---|
| Description | Unit | 2024 | 2023 | 2022 | 2024 | 2023 |
| Profit or loss (Equity Method) | (Million Baht) | |||||
| Revenue | 786.0 | 773.8 | 789.9 | 1.6 | (2.0) | |
| Total Revenue | 824.7 | 810.8 | 831.0 | 1.7 | (2.4) | |
| Gross profit | 335.6 | 313.6 | 299.8 | 7.0 | 4.6 | |
| Profit before share of income from investment in associated company, finance cost and income tax expenses | 8.1 | 20.2 | 18.2 | (59.9) | 11.0 | |
| Financial Cost | 1.3 | 1.2 | 1.5 | 8.3 | (20.0) | |
| Profit before income tax expenses | 36.6 | 44.0 | 38.7 | (16.8) | 13.7 | |
| Tax expenses | 1.6 | 3.6 | 3.0 | (55.6) | 20.0 | |
| Net profit before share of income from investment in associated company | 5.2 | 15.4 | 13.7 | (66.2) | 12.4 | |
| share of income from investment in associated company | 29.8 | 25.1 | 22.0 | 18.7 | 14.1 | |
| Profit for the year | 35.0 | 40.5 | 35.7 | (13.6) | 13.4 | |
| Total comprehensive income for the year | 35.1 | 26.7 | 47.7 | 31.5 | (44.0) | |
| Statement of financial position (Equity Method) | (Million Baht) | |||||
| Total assets | 1,278.8 | 1,337.9 | 1,352.1 | (4.4) | (1.1) | |
| Total liabilities | 254.0 | 271.9 | 279.0 | (6.6) | (2.5) | |
| Shareholders’ equity | 1,024.8 | 1,066.0 | 1,073.0 | (3.9) | (0.7) | |
| Finance Institution liabilities | - | - | - | - | - | |
| Ordinary share information | ||||||
| Issued and fully paid up | (‘000 shares) | 337,445 | 337,445 | 337,445 | - | - |
| Book value per share | (THB) | 3.04 | 3.16 | 3.18 | (3.8) | (0.6) |
| Par value per share | (THB) | 0.50 | 0.50 | 0.50 | - | - |
| Diluted EPS (Equity Method) | (THB) | 0.10 | 0.12 | 0.11 | (16.7) | 9.1 |
| Diluted EPS (Separated) | (THB) | 0.36 | 0.12 | 0.11 | 200 | 9.1 |
| Dividend paid per share | (THB) | 0.18 | 0.10 | 0.21 | 80 | (52.4) |
| Financial Ratio | ||||||
| Liquidity Raito | ||||||
| Current Ratio | (Time) | 2.36 | 1.99 | 1.93 | ||
| Quick Ratio | (Time) | 1.84 | 1.59 | 1.42 | ||
| Receivables Turnover | (Time) | 4.84 | 4.72 | 4.62 | ||
| Average Collection Period* | (Days) | 75 | 77 | 79 | ||
| Inventory Turnover | (Time) | 6.79 | 6.20 | 5.56 | ||
| Average Inventory Period | (Days) | 54 | 59 | 66 | ||
| Account Payable Period | (Time) | 4.39 | 4.00 | 4.21 | ||
| Payment Period** | (Days) | 83 | 91 | 87 | ||
| Cash Cycle | (Days) | 46 | 45 | 58 | ||
| Profitability Ratio | ||||||
| Gross Profit Margin | (%) | 42.70 | 40.52 | 37.96 | ||
| Operating Profit Margin | (%) | 4.83 | 5.85 | 5.09 | ||
| Net Profit (Equity) | (%) | 4.25 | 5.23 | 4.52 | ||
| ROE | (%) | 3.35 | 3.79 | 3.35 | ||
| Efficiency Ratio | ||||||
| ROA | (%) | 2.68 | 3.01 | 2.63 | ||
| Assets Turnover | (Time) | 0.63 | 0.60 | 0.61 | ||
| Financial Policy Ratio | ||||||
| D/E Ratio | (Time) | 0.25 | 0.26 | 0.27 | ||
| Finance Institution Liabilities per Shareholder equities ratio | (Time) | - | - | - | ||
| Dividend Payout Ratio (Equity Method) | (%) | 176.5 | 100 | 95 | ||
Remark: *The company has established the following trade credit terms: General Trade Credit Term is approximately 30 – 60 days, and Modern Trade Credit Term is approximately 60 – 90 days. The company has a policy to manage debt collection to ensure maximum efficiency.
**The average payment period for the company to pay its general suppliers is approximately 45-60 days, while for major suppliers or international suppliers, the average payment period is approximately 75-90 days. These terms are in line with the company’s payment policy for each supplier.