Key Financial Data

Verified
Statement of financial position	Financial statements showing investments using the equity method						Separate financial statements
	Year 2022		Year 2021		Year 2020		Year 2022		Year 2021		Year 2020
	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage
Current assets	276.86	49.69	221.46	45.37	323.56	55.74	206.89	27.91	161.27	23.29	246.66	54.98
Total assets	557.13	100.00	488.16	100.00	580.50	100.00	741.15	100.00	692.37	100.00	448.67	100.00
Current liabilities	110.08	19.76	128.09	26.24	103.77	17.88	93.83	17.03	73.99	10.69	88.85	19.80
Total liabilities	157.33	28.24	155.15	31.78	132.25	22.78	114.22	20.73	95.65	13.81	112.18	25.00
Shareholders’ equity	399.80	71.76	333.01	68.22	448.25	77.22	629.94	113.80	596.73	86.19	336.49	75.00

Verified
Consolidated statement of comprehensive income	Financial statements showing investments using the equity method						Separate financial statements
	Year 2022		Year 2021		Year 2020		Year 2022		Year 2021		Year 2020
	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage
Income from sales and services	605.61	99.00	488.31	98.06	564.86	98.48	492.40	96.59	399.34	83.18	449.28	98.60
Other income	6.09	1.00	9.68	1.94	8.70	1.52	17.38	3.41	80.75	16.82	6.38	1.40
Total income	611.70	100.00	498.09	100.00	573.56	100.00	509.78	100.00	480.09	100.00	455.66	100.00
Cost of sales and services	437.73	71.56	357.81	71.84	393.04	68.53	368.17	72.22	302.31	62.97	328.48	72.09
Cost of distribution	50.60	8.27	46.48	9.33	50.27	8.76	43.81	8.59	40.37	8.41	43.41	9.53
Administrative expenses	68.92	11.27	66.94	13.44	61.56	10.73	60.20	11.81	54.55	11.36	52.59	11.54
Financial costs	1.86	0.30	1.64	0.33	0.69	0.12	0.55	0.11	0.61	0.13	0.69	0.15
Share of investment in associated company	26.66	6.09	20.94	5.85	17.37	4.42	0.00	0.00	0.00	0.00	0.00	0.00
Income tax expenses	10.75	1.76	6.16	1.24	13.29	2.32	5.13	1.01	1.93	0.40	5.29	1.16
Profit for the year (Part of the parent company)	66.75	10.91	34.87	7.00	40.58	7.07	31.92	6.26	80.32	16.73	25.20	5.53

Verified
Financial ratios	Unit	Consolidated financial statements			Separate financial statements
Financial ratios	Unit	Year 2022	Year 2021	Year 2020 (New update)	Year 2022	Year 2021	Year 2020
Liquidity ratio	Times	2.52	1.73	3.12	2.20	2.18	2.78
Average debt collection period	Day	52.91	90.11	88.97	50.82	93.18	72.55
Debt repayment period	Day	49.98	57.58	60.25	55.00	64.48	68.14
Gross profit rate (GP Margin)	Percentage	27.72	26.74	30.42	25.23	24.30	26.89
Net profit margin	Percentage	11.20	8.03	12.57	6.26	16.73	5.53
Return on equity (ROE)	Percentage	18.69	10.24	16.64	5.22	17.21	7.64
Return on assets (ROA)	Percentage	13.11	7.49	12.74	4.45	14.08	5.70
Asset turnover rate	Times	1.17	0.93	1.01	0.71	0.84	1.03
Debt to equity ratio (D/E)	Times	0.39	0.47	0.30	0.18	0.16	0.33
Interest coverage ratio	Times	47.01	57.39	95.21	62.60	122.63	10.94
Dividend payout rate	Percentage	43.26	122.76	118.48	21.55	52.90	41.89

1.03 Debt to equity ratio (D/E)Times0.390.470.300.180.160.33Interest coverage ratioTimes47.0157.3995.2162.60122.6310.94Dividend payout ratePercentage43.26122.76118.4821.5552.9041.89

2564

Verified
Statement of financial position	Financial statements showing investments using the equity method					Separate financial statements
	Year 2021		Year 2020 (New update)		Year 2021		Year 2020
	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage
Current assets	221.46	45.37	323.56	55.74	161.27	23.29	246.66	54.98
Total assets	488.16	100.00	580.50	100.00	692.37	100.00	448.67	100.00
Current liabilities	128.09	26.24	103.77	17.88	73.99	10.69	88.85	19.80
Total liabilities	155.15	31.78	132.25	22.78	95.65	13.81	112.18	25.00
Shareholders’ equity	333.01	68.22	448.25	77.22	596.73	86.19	336.49	75.00

Verified
Consolidated statement of comprehensive income	Financial statements showing investments using the equity method					Separate financial statements
	Year 2021		Year 2020 (New update)		Year 2021		Year 2020
	Million baht	Percentage	Million baht	Percentage	Million baht	Percentage	Million baht	Percentage
Income from sales and services	488.41	98.06	564.86	98.48	399.34	83.18	449.28	98.60
Other income	9.68	1.94	8.70	1.52	80.75	16.82	6.38	1.40
Total income	498.09	100.00	573.56	100.00	480.09	100.00	455.66	100.00
Cost of sales and services	357.81	71.84	393.04	68.53	302.31	62.97	328.48	72.09
Sales expenses	46.48	9.33	50.27	8.76	40.37	8.41	43.41	9.53
Administrative expenses	66.94	13.44	61.56	10.73	54.55	11.36	52.59	11.54
Financial costs	1.64	0.33	0.69	0.12	0.61	0.13	0.69	0.15
Share of investment in associated company	20.94	5.85	17.37	4.42	0.00		0.00
Income tax expenses	6.16	1.24	13.29	2.32	1.93	0.40	5.29	1.16
Profit for the year (Part of which is owned by a large company)	34.87	7.00	40.58	7.07	80.32	16.73	25.20	5.53

Verified
Financial ratios	Unit	Showing investments using the equity method		Separate financial statements
Financial ratios	Unit	Year 2021	Year 2020 (New update)	Year 2021	Year 2020
Liquidity ratio	Times	1.73	3.12	2.18	2.78
Average debt collection period	Day	90.11	88.97	93.18	94.88
Debt repayment period	Day	57.58	60.25	64.48	68.14
Gross profit rate (GP Margin)	Percentage	26.74	30.42	24.30	26.89
Net profit margin	Percentage	8.03	12.57	16.73	5.53
Return on equity (ROE)	Percentage	10.24	16.64	17.21	7.64
Return on assets (ROA)	Percentage	7.49	12.74	14.08	5.70
Asset turnover rate	Times	0.93	1.01	0.84	1.03
Debt to equity ratio (D/E)	Times	0.47	0.30	0.16	0.33
Interest coverage ratio	Times	55.01	95.21	122.63	10.94
Dividend payout rate	Percentage	123.05	118.48	53.25	41.89

2563

Verified
Statement of financial position	Financial statements showing investments using the equity method					Separate financial statements
	Year 2020		Year 2019		Year 2020		Year 2019
	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage	Million Baht	Percentage
Current assets	246.66	51.64	235.42	52.42	246.66	54.98	235.42	54.05
Total assets	477.64	100.00	449.10	100.00	448.67	100.00	435.51	100.00
Current liabilities	88.85	18.60	101.21	22.54	88.85	19.80	101.21	23.24
Total liabilities	112.18	23.49	112.06	24.95	112.18	25.00	112.06	25.73
Shareholders’ equity	365.45	76.51	337.04	75.05	336.49	75.00	323.45	74.27

Verified
Consolidated statement of comprehensive income	Financial statements showing investments using the equity method					Separate financial statements
	Year 2020		Year 2019		Year 2020		Year 2019
	Million baht	Percentage	Million baht	Percentage	Million baht	Percentage	Million baht	Percentage
Income from sales and services	449.28	99.03	474.95	98.92	449.28	98.60	474.95	98.92
Other income	4.38	0.97	5.20	1.08	6.38	1.40	5.20	1.08
Total income	453.66	100.00	480.14	100.00	455.66	100.00	480.14	100.00
Cost of sales and services	328.48	72.41	344.50	71.75	328.48	72.09	344.50	71.75
Sales expenses	43.41	9.57	54.80	11.41	43.41	9.53	54.80	11.41
Administrative expenses	52.59	11.59	45.26	9.43	52.59	11.54	45.26	9.43
Financial costs	0.69	0.15	0.03	0.01	0.69	0.15	0.03	0.01
Share of investment in associated company	(17.37)	(3.83)	(6.80)	(1.42)	0.00		0.00
Income tax expenses	5.29	1.17	6.89	1.44	5.29	1.16	6.89	1.44
Total comprehensive income for the year (NP Margin)	40.58	8.94	35.45	7.38	25.20	5.53	28.65	5.97

Verified
Financial ratios	Unit	Showing investments using the equity method		Separate financial statements
Financial ratios	Unit	Year 2020	Year 2019	Year 2020	Year 2019
Liquidity ratio	Times	2.78	2.33	2.78	2.33
Average debt collection period	Day	94.88	66.90	94.88	66.90
Debt repayment period	Day	68.14	66.99	94.88	66.90
Gross profit rate (GP Margin)	Percentage	26.89	27.47	26.89	27.47
Net profit margin	Percentage	8.94	7.38	5.53	5.97
Return on equity (ROE)	Percentage	11.55	10.94	7.64	9.13
Asset turnover rate	Times	0.98	1.10	1.03	1.13
Debt to equity ratio (D/E)	Times	0.31	0.33	0.33	0.35
Interest coverage ratio	Times	9.94	(172.61)	9.94	(172.61)
Dividend payout rate	Percentage	33.85	36.12	41.89	48.41

Key Financial Data

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