Revenue
by Business Unit
FY 2016/17
by Business Unit
FY 2016/17
Key Financial Ratios
| Key financial ratios | 4Q 16/17 | 3Q 16/17 | 2Q 16/17 | 1Q 16/17 | 4Q 15/16 |
| Profitability ratios | |||||
| Gross operating profit margin (%) | 44.7% | 53.5% | 57.9% | 58.8% | 65.6% |
| Selling and administrative expenses to operating sales ratio (%) | 20.5% | 27.1% | 28.7% | 25.7% | 31.5% |
| EBITDA margin (%) | 32.5% | 42.0% | 45.6% | 50.5% | 18.4% |
| Operating EBITDA margin (%) | 29.1% | 35.2% | 36.2% | 40.9% | 42.1% |
| Net recurring profit margin (%) | 14.0% | 22.1% | 23.6% | 26.5% | 34.9% |
| ROA (%) | 2.8% | 2.4% | 3.1% | 2.8% | 6.7% |
| ROE (%) | 4.9% | 3.8% | 4.2% | 3.8% | 8.9% |
| Leverage | |||||
| Total liability to total asset (times) | 0.52x | 0.49x | 0.34x | 0.28x | 0.28x |
| Total liability to total equity (times) | 1.07x | 0.97x | 0.51x | 0.39x | 0.39x |
| Interest bearing debt to equity (times) | 0.85x | 0.77x | 0.31x | 0.20x | 0.20x |
| Net debt to equity (times) | 0.51x | 0.32x | 0.26x | 0.13x | 0.15x |
| Net debt to operating EBITDA (times) | 7.93x | 5.86x | 4.68x | 2.39x | 2.57x |
| Interest coverage (times) | 3.57x | 3.55x | 6.95x | 7.22x | 7.76x |
| Per share ratios 1 | |||||
| Earnings per share (THB) | 0.0371 | 0.0395 | 0.0463 | 0.0463 | 0.0031 |
| Operating cash flow per share (THB) | (0.108) | (0.073) | (0.211) | 0.027 | 0.042 |
| Free cash flow(*) per share (THB) | (0.138) | (0.112) | (0.231) | (0.001) | 0.016 |
| Enterprise value per share (THB)(**) | 10.74 | 10.11 | 9.91 | 10.40 | 9.73 |
| Book value per share (THB) | 3.82 | 3.94 | 3.88 | 4.10 | 3.960 |
1 per share ratios, calculated based on numbers of shares with par value at THB 4 per share
(*) Free cash flow used in calculation excludes non-recurring items
(**) Based on share price as of end of period
| Key financial ratios | 2016/17 | 2015/16 | 2014/15 + | 2013/14 + | 2012/13 |
| Profitability ratios | |||||
| Gross operating profit margin (%) | 51.9% | 60.4% | 55.5% | 51.4% | 48.8% |
| Selling and administrative expenses to operating sales ratio (%) | 24.6% | 24.6% | 22.0% | 19.5% | 16.6% |
| EBITDA margin (%) | 41.2% | 59.7% | 52.0% | 77.0% | 53.3% |
| Operating EBITDA margin (%) | 34.0% | 42.9% | 39.9% | 36.3% | 49.0% |
| Net recurring profit margin (%) | 20.1% | 33.7% | 34.7% | 25.4% | 9.7% |
| ROA (%) | 2.8% | 6.6% | 5.0% | 17.6% | 2.9% |
| ROE (%) | 4.9% | 8.9% | 6.4% | 22.7% | 3.8% |
| Leverage | |||||
| Total liability to total asset (times) | 0.52x | 0.28x | 0.22x | 0.22x | 0.25x |
| Total liability to total equity (times) | 1.07x | 0.39x | 0.28x | 0.29x | 0.33x |
| Interest bearing debt to equity (times) | 0.85x | 0.20x | 0.09x | 0.11x | 0.24x |
| Net debt to equity (times) | 0.51x | 0.15x | (0.11)x | (0.03)x | 0.17x |
| Net debt to operating EBITDA (times) | 7.93x | 2.57x | (1.96)x | (0.65)x | 1.66x |
| Interest coverage (times) | 4.53x | 9.30x | 8.68x | 4.94x | 4.07x |
| Per share ratios 1 | |||||
| Earnings per share (THB) | 0.169 | 0.349 | 0.2482 | 1.0779 | 0.1720 |
| Operating cash flow per share (THB) | -0.365 | 0.022 | -0.006 | 0.097 | 0.466 |
| Free cash flow(*) per share (THB) | -0.483 | -0.116 | -0.149 | -0.046 | 0.270 |
| Enterprise value per share (THB)(**) | 10.74 | 9.73 | 8.83 | 8.55 | 10.65 |
| Book value per share (THB) | 3.82 | 3.96 | 4.38 | 5.09 | 5.05 |
+ Restated to reflect effects from TFRIC 12 and TFRIC 4
1 per share ratios, calculated based on numbers of shares with par value at THB 4 per share
(*) Free cash flow used in calculation excludes non-recurring items
(**) Based on share price as of end of period
