Go to Corporate Site
Financial Info
Consolidated Financial Statements
(Unit: THB mn, except share / per share data and ratios)
| 2019 | 2018 (Restated) |
2017 | ||
|---|---|---|---|---|
| Statement of Comprehensive Income | ||||
| Revenue from sales of real estate | 3,055.57 | 2,933.32 | 2,866.26 | |
| Revenue from F&B | 45.06 | 29.35 | - | |
| Total revenues | 3,624.23 | 3,326.86 | 3,015.90 | |
| Cost of sales of real estate sold | 2,220.04 | 2,193.18 | 1,934.26 | |
| Cost of sales of F&B | 13.68 | 19.12 | - | |
| Selling and administrative expenses | 960.29 | 871.78 | 754.40 | |
| Total expenses | 3,194.02 | 3,084.08 | 2,688.66 | |
| Profit (Loss) before finance costs and income tax expenses | 430.21 | 242.78 | 327.24 | |
| Share of Loss from investment in JV | 46.71 | 29.22 | - | |
| Finance costs | 203.50 | 149.04 | 77.06 | |
| income tax expenses | 120.14 | 61.48 | 58.99 | |
| Net profit (Loss) | 59.86 | 3.04 | 191.19 | |
| Profit (Loss) attributable to equity holders of the parent | 79.31 | 17.67 | 192.92 | |
| Statement of Financial Position | ||||
| Cash, cash equivalents and short-term investment | 696.23 | 1,120.85 | 648.77 | |
| Total current assets | 6,384.93 | 7,988.25 | 7,916.18 | |
| Other non-current assets | 6,519.76 | 6,388.13 | 2,579.37 | |
| Total assets | 12,904.69 | 14,376.38 | 10,495.55 | |
| Total current liabilities | 5,862.70 | 6,369.52 | 3,608.44 | |
| Total non-current liabilities | 1,312.23 | 2,238.35 | 1,782.81 | |
| Total borrowings from financial institutions, debentures and debt certificates | 5,939.78 | 6,417.54 | 4,059.73 | |
| Total liabilities | 7,174.93 | 8,607.87 | 5,391.25 | |
| Issued and fully paid-up share capital | 4,172.48 | 4,172.48 | 3,575.48 | |
| Total equity | 5,729.77 | 5,768.52 | 5,104.29 | |
| Liquidity Ratios (times) | ||||
| Current ratio | 1.09 | 1.25 | 2.19 | |
| Quick ratio | 0.12 | 0.18 | 0.19 | |
| Profitability Ratios (%) | ||||
| Gross profit margin from real estate | 27.34% | 25.23% | 32.52% | |
| Net profit margin | 1.65% | 0.09% | 6.35% | |
| Return on equity (1) | 1.38% | 0.31% | 3.76% | |
| Return on assets | 0.58% | 0.14% | 1.90% | |
| Efficiency Ratios (times) | ||||
| Total assets turnover | 0.27 | 0.27 | 0.30 | |
| Leverage Ratios (times) | ||||
| Debt to equity ratio | 1.25 | 1.49 | 1.06 | |
| Interest-bearing debt to equity ratio | 1.04 | 1.14 | 0.80 | |
| Net interest-bearing debt to equity ratio (2) | 0.92 | 0.97 | 0.67 | |
| Interest coverage ratio (3) | 2.11 | 1.63 | 4.25 | |
| Growth (% per year) | ||||
| Total asset growth | -10.24% | 37.47% | 7.80% | |
| Total liabilities growth | -16.65% | 59.66% | 17.40% | |
| Total shareholder’s equity growth | -0.67% | 13.85% | -0.80% | |
| Total revenues growth | 8.94% | 10.31% | -42.10% | |
| SG&A expenses growth | 10.15% | 15.56% | -11.83% | |
| Per Share Ratios (THB per share) | ||||
| Weighted average number of ordinary shares (million shares) | 4,172.48 | 3,608.20 | 3,575.48 | |
| Earning per share | 0.019 | 0.005 | 0.050 | |
| Book value per share (4) | 1.37 | 1.60 | 1.42 | |
| Cash Flow | ||||
| Beginning cash | 896.04 | 647.68 | 1,133.73 | |
| Net cash flows from operating activities | 563.73 | (848.30) | (904.69) | |
| Net cash flows from investing activities | 163.36 | (1,358.86) | (458.26) | |
| Net cash flows from financing activities | (928.01) | 2,455.52 | 877.08 | |
| Ending cash | 695.12 | 896.04 | 647.68 | |
(1) Return on equity = Profit (loss) - Equity holders of the Company / the average of total shareholders' equity of this year and last year
(2) Net debt to equity = Total debt less cash and cash equivalent / total shareholders' equity
(3) Interest coverage ratio = Profit (loss) before finance cost and income tax / finance cost, finance cost means interest and other charges associated with financing e.g. front end fee, etc.
(4) Book value include non-controlling interests of the subsidiaries