CK Power Public Company Limited

Financial Health of CK Power Public Company Limited

Comparing to competitors in the Utilities-Renewable industry

Industry Rankings

CK Power Public Company Limited
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Let's analyse CK Power Public Company Limited

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Company's Financial Health
A deep dive into the books. How are the numbers doing? Is CK Power Public Company Limited even making a profit? Is the company skyrocketing? Or is it sinking like the Titanic. The trend is your friend.
Market Valuation
Finally, you now have an insight of how CK Power Public Company Limited is doing in the market. If the company is worth buying. The latest step is to find out how other investors value CK Power Public Company Limited. The closing price on 2022-12-07 was ฿4.78 per share. Is the company over- or underpriced?
Key Performance Indicators
A total overlook on how the company is doing. Based on the (trends in) the key performance indicators.

CK Power Public Company Limited Daily Candlestick Chart

Summary

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a huge profit.
Using its assets, the company is inefficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating efficient.
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is able to pay all its debts with equity.

1.1. Profitability of CK Power Public Company Limited.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit CK Power Public Company Limited earns for each ฿1 of revenue.

Above 10% is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
A Net Profit Margin of 44.5% means that ฿0.44 for each ฿1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of CK Power Public Company Limited:

The MRQ is 44.5%. The company is making a huge profit. +2
The TTM is 21.8%. The company is making a huge profit. +2

Trends

Current period		Compared to		+/-
MRQ	44.5%	TTM	21.8%	+22.7%
TTM	21.8%	YOY	23.0%	-1.2%
TTM	21.8%	5Y	12.8%	+9.0%
5Y	12.8%	10Y	8.3%	+4.4%

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	44.5%	5.2%	+39.3%
TTM	21.8%	4.2%	+17.6%
YOY	23.0%	4.2%	+18.8%
5Y	12.8%	4.0%	+8.8%
10Y	8.3%	5.0%	+3.3%

Measures how much net profit CK Power Public Company Limited earns for each ฿1 of revenue.

Revenue is the amount of profit CK Power Public Company Limited generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you ฿3. The company does not earn ฿3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is ฿1.5.

The ฿3 you pay for a cup of coffee is called revenue.
The ฿1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit CK Power Public Company Limited earns for each ฿1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
Can be used to compare companies within the Utilities-Renewable industry.

You typically want a high profit margin. This means that for each ฿1 in sales, CK Power Public Company Limited makes more profit. This shows the investor how efficiently CK Power Public Company Limited is operating in general and compared to other companies in the same industry. CK Power Public Company Limited operates in the Utilities-Renewable industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of CK Power Public Company Limited. If profit margins remain low (compared to the Utilities-Renewable industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of CK Power Public Company Limited is 0.44. This means that CK Power Public Company Limited earned ฿0.44 for each ฿1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Utilities-Renewable industry is 5.2%.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare CK Power Public Company Limited with other companies in the same industry (Utilities-Renewable).
Net profit margin should rise over the years.
Can be influenced when CK Power Public Company Limited sells assets (profit will increase while costs remain the same).
It won’t show what part of CK Power Public Company Limited is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of CK Power Public Company Limited

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ CK Power Public Company Limited = 1,461,636
Total revenue MRQ CK Power Public Company Limited = 3,286,469
฿1,461,636 / ฿3,286,469 = 0.44 or 44.5%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient CK Power Public Company Limited is using its assets to generate profit.

Above 5% is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
2.1% Return on Assets means that CK Power Public Company Limited generated ฿0.02 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of CK Power Public Company Limited:

The MRQ is 2.1%. Using its assets, the company is less efficient in making profit.
The TTM is 0.9%. Using its assets, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.1%	TTM	0.9%	+1.2%
TTM	0.9%	YOY	0.8%	+0.1%
TTM	0.9%	5Y	0.5%	+0.4%
5Y	0.5%	10Y	0.3%	+0.2%

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	2.1%	0.4%	+1.7%
TTM	0.9%	0.3%	+0.6%
YOY	0.8%	0.3%	+0.5%
5Y	0.5%	0.4%	+0.1%
10Y	0.3%	0.4%	-0.1%

Shows how efficient CK Power Public Company Limited is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively CK Power Public Company Limited is using its resources to generate profit. If the return on assets (2.1%) from CK Power Public Company Limited are higher than the Utilities-Renewable mean (0.4%) that means CK Power Public Company Limited is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of CK Power Public Company Limited is 2.1%. This means the company generated ฿0.02 for each ฿1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Utilities-Renewable industry is 0.4%.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example CK Power Public Company Limited

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from CK Power Public Company Limited = 1,461,636
Total assets MRQ (balance sheet) from CK Power Public Company Limited = 69,627,389
1,461,636 / 69,627,389 = 0.02 or 2.1%

ROA is an important ratio as it will tell you how effectively CK Power Public Company Limited is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient CK Power Public Company Limited is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
5.7% Return on Equity means CK Power Public Company Limited generated ฿0.06 for each ฿1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of CK Power Public Company Limited:

The MRQ is 5.7%. Using its investors money, the company is less efficient in making profit.
The TTM is 2.5%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	5.7%	TTM	2.5%	+3.2%
TTM	2.5%	YOY	2.1%	+0.3%
TTM	2.5%	5Y	1.3%	+1.1%
5Y	1.3%	10Y	0.9%	+0.4%

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	5.7%	1.0%	+4.7%
TTM	2.5%	1.2%	+1.3%
YOY	2.1%	1.4%	+0.7%
5Y	1.3%	1.1%	+0.2%
10Y	0.9%	1.1%	-0.2%

Shows how efficient CK Power Public Company Limited is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Utilities-Renewable industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of CK Power Public Company Limited is 5.7%. This means CK Power Public Company Limited generated ฿0.06 for each ฿1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Utilities-Renewable industry is 1.0%.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if CK Power Public Company Limited existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of CK Power Public Company Limited

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) CK Power Public Company Limited = 1,461,636
Shareholders equity (balance sheet) MRQ CK Power Public Company Limited = 25,598,654
1,461,636 / 25,598,654 = 0.06 or 5.7%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of CK Power Public Company Limited.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient CK Power Public Company Limited is operating .

Measures how much profit CK Power Public Company Limited makes for each ฿1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
An Operating Margin of 22.3% means the company generated ฿0.22 for each ฿1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of CK Power Public Company Limited:

The MRQ is 22.3%. The company is operating efficient. +1
The TTM is 19.2%. The company is operating efficient. +1

Trends

Current period		Compared to		+/-
MRQ	22.3%	TTM	19.2%	+3.1%
TTM	19.2%	YOY	20.0%	-0.8%
TTM	19.2%	5Y	27.0%	-7.8%
5Y	27.0%	10Y	15.3%	+11.8%

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	22.3%	18.0%	+4.3%
TTM	19.2%	12.6%	+6.6%
YOY	20.0%	11.7%	+8.3%
5Y	27.0%	12.9%	+14.1%
10Y	15.3%	10.4%	+4.9%

Measures how efficient CK Power Public Company Limited is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit CK Power Public Company Limited is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of CK Power Public Company Limited is 22.3%. This means that CK Power Public Company Limited earned ฿0.22 for each ฿1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Utilities-Renewable industry is 18.0%.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of CK Power Public Company Limited

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ CK Power Public Company Limited = 601,917
Total revenue MRQ CK Power Public Company Limited = 3,286,469
฿601,917 / ฿3,286,469 = 0.22 or 22.3%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient CK Power Public Company Limited is keeping operating costs low.

Below 1 is considered healthy (always compare to Utilities-Renewable industry mean).
An Operation Ratio of 1.62 means that the operating costs are ฿1.62 for each ฿1 in net sales.

Let's take a look of the Operating Ratio trends of CK Power Public Company Limited:

The MRQ is 1.620. The company is inefficient in keeping operating costs low. -1
The TTM is 1.714. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	1.620	TTM	1.714	-0.093
TTM	1.714	YOY	1.669	+0.045
TTM	1.714	5Y	1.599	+0.115
5Y	1.599	10Y	1.063	+0.536

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	1.620	1.091	+0.529
TTM	1.714	1.041	+0.673
YOY	1.669	1.066	+0.603
5Y	1.599	1.011	+0.588
10Y	1.063	0.971	+0.092

Measures how efficient CK Power Public Company Limited is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of CK Power Public Company Limited is 162.0%. This means that CK Power Public Company Limited earned ฿1.62 for each ฿1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Utilities-Renewable industry is 1.09.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example CK Power Public Company Limited

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(2,640,043 +2,684,552) \ 3,286,469 = 1.62

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of CK Power Public Company Limited.

1.3. Liquidity

1.3.1. Current Ratio

Measures if CK Power Public Company Limited is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Utilities-Renewable industry mean).
A Current Ratio of 2.46 means the company has ฿2.46 in assets for each ฿1 in short-term debts.

Let's take a look of the Current Ratio trends of CK Power Public Company Limited:

The MRQ is 2.464. The company is able to pay all its short-term debts. +1
The TTM is 2.562. The company is able to pay all its short-term debts. +1

Trends

Current period		Compared to		+/-
MRQ	2.464	TTM	2.562	-0.098
TTM	2.562	YOY	1.871	+0.692
TTM	2.562	5Y	2.194	+0.368
5Y	2.194	10Y	1.436	+0.758

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	2.464	1.360	+1.104
TTM	2.562	1.264	+1.298
YOY	1.871	1.336	+0.535
5Y	2.194	1.296	+0.898
10Y	1.436	1.223	+0.213

Measures if CK Power Public Company Limited is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Utilities-Renewable industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for CK Power Public Company Limited if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of CK Power Public Company Limited is 2.46. This means CK Power Public Company Limited has ฿2.46 in assets for each ฿1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Utilities-Renewable industry is 1.36.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example CK Power Public Company Limited

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
11,327,640 \ 4,596,539) = 2.46

The current ratio measures if CK Power Public Company Limited is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if CK Power Public Company Limited is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then CK Power Public Company Limited does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate CK Power Public Company Limited is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if CK Power Public Company Limited is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
A Quick Ratio of 1.02 means the company can pay off ฿1.02 for each ฿1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of CK Power Public Company Limited:

The MRQ is 1.025. The company is just able to pay all its short-term debts with the most liquid assets.
The TTM is 0.821. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	1.025	TTM	0.821	+0.204
TTM	0.821	YOY	0.406	+0.415
TTM	0.821	5Y	0.780	+0.041
5Y	0.780	10Y	0.789	-0.008

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	1.025	0.612	+0.413
TTM	0.821	0.669	+0.152
YOY	0.406	0.686	-0.280
5Y	0.780	0.677	+0.103
10Y	0.789	0.604	+0.185

Measures if CK Power Public Company Limited is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast CK Power Public Company Limited can pay off its short term debts. This shows if CK Power Public Company Limited can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of CK Power Public Company Limited is 1.02. This means that CK Power Public Company Limited can pay off ฿1.02 for each ฿1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities-Renewable industry is 0.61.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example CK Power Public Company Limited

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio CK Power Public Company Limited: ( + 1,354,039 +3,355,345) / 4,596,539 = 1.02

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of CK Power Public Company Limited.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of CK Power Public Company Limited assets are financed with debt.

Below 1 (100%) is considered healthy but always compare CK Power Public Company Limited to Utilities-Renewable industry mean.
A Debt to Asset Ratio of 0.47 means that CK Power Public Company Limited assets are financed with 46.8% credit (debt) and the remaining percentage (100% - 46.8%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of CK Power Public Company Limited:

The MRQ is 0.468. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.472. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.468	TTM	0.472	-0.004
TTM	0.472	YOY	0.480	-0.007
TTM	0.472	5Y	0.476	-0.004
5Y	0.476	10Y	0.476	+0.001

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	0.468	0.604	-0.136
TTM	0.472	0.626	-0.154
YOY	0.480	0.624	-0.144
5Y	0.476	0.605	-0.129
10Y	0.476	0.602	-0.126

Measures how much % of CK Power Public Company Limited assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake CK Power Public Company Limited than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare CK Power Public Company Limited to Utilities-Renewable industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of CK Power Public Company Limited is 0.47. This means means that CK Power Public Company Limited is financed with 46.8% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Utilities-Renewable industry is 136.0%.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why CK Power Public Company Limited has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example CK Power Public Company Limited

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
32,618,605 \ 69,627,389 = 46.8% or 0.47.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if CK Power Public Company Limited is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
A Debt to Equity ratio of 127.4% means that company has ฿1.27 debt for each ฿1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of CK Power Public Company Limited:

The MRQ is 1.274. The company is able to pay all its debts with equity. +1
The TTM is 1.299. The company is able to pay all its debts with equity. +1

Trends

Current period		Compared to		+/-
MRQ	1.274	TTM	1.299	-0.024
TTM	1.299	YOY	1.359	-0.060
TTM	1.299	5Y	1.422	-0.123
5Y	1.422	10Y	1.636	-0.214

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	1.274	1.742	-0.468
TTM	1.299	1.781	-0.482
YOY	1.359	1.715	-0.356
5Y	1.422	1.716	-0.294
10Y	1.636	1.704	-0.068

Measures if CK Power Public Company Limited is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of CK Power Public Company Limited is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of CK Power Public Company Limited is 1.27. This means that CK Power Public Company Limited can pay off ฿1.27 for each ฿1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities-Renewable industry is 1.74.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example CK Power Public Company Limited

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
32,618,605 \ 25,598,654 = 1.27 or 127.4%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of CK Power Public Company Limited

2. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every ฿1 in earnings CK Power Public Company Limited generates.

Above 15 is considered overpriced but always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
A PE ratio of 28.09 means the investor is paying ฿28.09 for every ฿1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of CK Power Public Company Limited:

The EOD is 26.586. Very good. +2
The MRQ is 28.087. Very good. +2
The TTM is 375.899. Seems overpriced? -1

Trends

Current period		Compared to		+/-
EOD	26.586	MRQ	28.087	-1.502
MRQ	28.087	TTM	375.899	-347.812
TTM	375.899	YOY	1,273.576	-897.677
TTM	375.899	5Y	666.307	-290.408
5Y	666.307	10Y	490.754	+175.553

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
EOD	26.586	17.784	+8.802
MRQ	28.087	18.482	+9.605
TTM	375.899	3.132	+372.767
YOY	1,273.576	20.359	+1,253.217
5Y	666.307	10.725	+655.582
10Y	490.754	8.398	+482.356

Measures how much money you pay for each share for every ฿1 in earnings CK Power Public Company Limited generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare CK Power Public Company Limited to the Utilities-Renewable industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of CK Power Public Company Limited is 28.09. This means the investor is paying ฿28.09 for every ฿1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Utilities-Renewable industry is 18.48.
What is the trend?
The trend is important because it shows you how CK Power Public Company Limited is performing over time. The most recent quarter might be important if CK Power Public Company Limited released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for CK Power Public Company Limited up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example CK Power Public Company Limited

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
1,461,636 \ 8,129,383 = EPS
PE ratio MRQ = 28.09

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of CK Power Public Company Limited.

Lower is better.
A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of CK Power Public Company Limited:

The MRQ is 68.696. Seems overpriced? -1
The TTM is -104.385. Very Bad. -2

Trends

Current period		Compared to		+/-
MRQ	68.696	TTM	-104.385	+173.082
TTM	-104.385	YOY	121.513	-225.899
TTM	-104.385	5Y	-74.931	-29.455
5Y	-74.931	10Y	50.005	-124.936

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
MRQ	68.696	0.195	+68.501
TTM	-104.385	0.086	-104.471
YOY	121.513	0.166	+121.347
5Y	-74.931	0.065	-74.996
10Y	50.005	0.051	+49.954

PEG Ratio	Meaning
0.5	You can buy the stock cheap based on future growth
1	You pay a fair price based on future growth
2	The stock is overpriced based on future growth

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of CK Power Public Company Limited is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Utilities-Renewable industry mean).
A PB ratio of 1.11 means the investor is paying ฿1.11 for each ฿1 in book value.

Let's take a look of the Price to Book Ratio trends of CK Power Public Company Limited:

The EOD is 1.050. Good. +1
The MRQ is 1.109. Good. +1
The TTM is 1.164. Good. +1

Trends

Current period		Compared to		+/-
EOD	1.050	MRQ	1.109	-0.059
MRQ	1.109	TTM	1.164	-0.055
TTM	1.164	YOY	1.168	-0.003
TTM	1.164	5Y	1.177	-0.013
5Y	1.177	10Y	0.942	+0.235

Compared to industry (Utilities-Renewable)

Period	Company	Industry (mean)	+/-
EOD	1.050	1.365	-0.315
MRQ	1.109	1.543	-0.434
TTM	1.164	1.839	-0.675
YOY	1.168	1.487	-0.319
5Y	1.177	1.326	-0.149
10Y	0.942	1.119	-0.177

2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of CK Power Public Company Limited compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	0.129	0.035	+268%	0.033	+293%	0.039	+228%	0.114	+14%
Book Value Growth	-	-	0.972	0.972	+0%	0.972	+0%	0.972	+0%	0.972	+0%
Book Value Per Share	-	-	4.552	4.468	+2%	4.332	+5%	4.186	+9%	3.815	+19%
Book Value Per Share Growth	-	-	0.028	0.008	+268%	0.008	+279%	0.009	+208%	0.012	+132%
Current Ratio	-	-	2.464	2.562	-4%	1.871	+32%	2.194	+12%	1.436	+72%
Debt To Asset Ratio	-	-	0.468	0.472	-1%	0.480	-2%	0.476	-2%	0.476	-1%
Debt To Equity Ratio	-	-	1.274	1.299	-2%	1.359	-6%	1.422	-10%	1.636	-22%
Dividend Per Share	-	-	-	0.040	-100%	0.017	-100%	0.021	-100%	0.017	-100%
Eps	-	-	0.180	0.076	+135%	0.063	+183%	0.039	+361%	0.024	+655%
Eps Growth	-	-	0.409	-2.469	+704%	-25.851	+6423%	-6.006	+1569%	-3.370	+924%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	0.975	+3%
Net Profit Margin	-	-	0.445	0.218	+104%	0.230	+93%	0.128	+248%	0.083	+433%
Operating Margin	-	-	0.223	0.192	+16%	0.200	+12%	0.270	-17%	0.153	+46%
Operating Ratio	-	-	1.620	1.714	-5%	1.669	-3%	1.599	+1%	1.063	+52%
Pb Ratio	1.050	-6%	1.109	1.164	-5%	1.168	-5%	1.177	-6%	0.942	+18%
Pe Ratio	26.586	-6%	28.087	375.899	-93%	1273.576	-98%	666.307	-96%	490.754	-94%
Peg Ratio	-	-	68.696	-104.385	+252%	121.513	-43%	-74.931	+209%	50.005	+37%
Price Per Share	4.780	-6%	5.050	5.200	-3%	5.060	0%	4.930	+2%	3.711	+36%
Price To Total Gains Ratio	36.921	-6%	39.006	90.238	-57%	303.660	-87%	-2000.569	+5229%	-1042.505	+2773%
Profit Growth	-	-	98.309	90.077	+9%	23.207	+324%	60.535	+62%	67.354	+46%
Quick Ratio	-	-	1.025	0.821	+25%	0.406	+152%	0.780	+31%	0.789	+30%
Return On Assets	-	-	0.021	0.009	+133%	0.008	+179%	0.005	+345%	0.003	+591%
Return On Equity	-	-	0.057	0.025	+132%	0.021	+168%	0.013	+324%	0.009	+508%
Revenue Growth	-	-	0.979	0.974	+1%	0.971	+1%	0.971	+1%	0.972	+1%
Total Gains Per Share	-	-	0.129	0.075	+72%	0.050	+157%	0.060	+116%	0.131	-1%
Total Gains Per Share Growth	-	-	0.607	-0.290	+148%	-1.339	+321%	-22.219	+3763%	-14.469	+2485%
Usd Book Value	-	-	1058451222.400	1038807884.772	+2%	1007132022.504	+5%	973178739.141	+9%	887060826.099	+19%
Usd Book Value Change Per Share	-	-	0.004	0.001	+268%	0.001	+293%	0.001	+228%	0.003	+14%
Usd Book Value Per Share	-	-	0.130	0.128	+2%	0.124	+5%	0.120	+9%	0.109	+19%
Usd Dividend Per Share	-	-	-	0.001	-100%	0.001	-100%	0.001	-100%	0.000	-100%
Usd Eps	-	-	0.005	0.002	+135%	0.002	+183%	0.001	+361%	0.001	+655%
Usd Price Per Share	0.137	-6%	0.144	0.149	-3%	0.145	0%	0.141	+2%	0.106	+36%
Usd Profit	-	-	41802789.600	17781562.442	+135%	14759539.981	+183%	9070482.053	+361%	5535537.565	+655%
Usd Revenue	-	-	93993013.400	73233368.601	+28%	55922843.341	+68%	61222255.446	+54%	53423512.246	+76%
Usd Total Gains Per Share	-	-	0.004	0.002	+72%	0.001	+157%	0.002	+116%	0.004	-1%
	EOD	+3 -2	MRQ	TTM	+28 -6	YOY	+30 -4	5Y	+28 -6	10Y	+27 -8

3.2. Fundamental Score

Let's check the fundamental score of CK Power Public Company Limited based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	26.586
Price to Book Ratio (EOD)	Between	0-1	1.050
Net Profit Margin (MRQ)	Greater than	0	0.445
Operating Margin (MRQ)	Greater than	0	0.223
Quick Ratio (MRQ)	Greater than	1	1.025
Current Ratio (MRQ)	Greater than	1	2.464
Debt to Asset Ratio (MRQ)	Less than	1	0.468
Debt to Equity Ratio (MRQ)	Less than	1	1.274
Return on Equity (MRQ)	Greater than	0.15	0.057
Return on Assets (MRQ)	Greater than	0.05	0.021
Total			5/10 (50.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

3.3. Technical Score

Let's check the technical score of CK Power Public Company Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Open	Greater than	Close	4.780
Total			0/1 (0.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Latest Balance Sheet

Balance Sheet of 2022-09-30. Currency in THB. All numbers in thousands.

Summary

Total Assets	69,627,389
Total Liabilities	32,618,605
Total Stockholder Equity	25,598,654

	As reported
Total Liabilities	32,618,605
Total Stockholder Equity	+ 25,598,654
Total Assets	= 69,627,389

Assets

Total Assets	69,627,389
Total Current Assets	11,327,640
Long-term Assets	11,327,640

Total Current Assets

Total Current Assets (as reported)	11,327,640
Cash And Cash Equivalents	6,005,061
Short-term Investments	1,354,039
Net Receivables	3,355,345
Inventory	68,024
Other Current Assets	545,171
Total Current Assets (calculated)	11,327,640
+/-	0

Long-term Assets

Long-term Assets (as reported)	58,299,749
Property Plant Equipment	8,512,203
Long Term Investments	18,926,170
Intangible Assets	7,875,510
Other Assets	22,985,866
Long-term Assets (calculated)	58,299,749
+/-	0

Liabilities & Shareholders' Equity

Total Current Liabilities	4,596,539
Long-term Liabilities	28,022,066
Total Stockholder Equity	25,598,654

Total Current Liabilities

Total Current Liabilities (as reported)	4,596,539
Short Long Term Debt	2,677,456
Accounts payable	970,277
Other Current Liabilities	601,601
Total Current Liabilities (calculated)	4,249,334
+/-	347,205

Long-term Liabilities

Long-term Liabilities (as reported)	28,022,066
Long term Debt	27,544,241
Capital Lease Obligations Min Short Term Debt	381,450
Other Liabilities	125,336
Long-term Liabilities (calculated)	28,051,027
+/-	28,961

Total Stockholder Equity

Total Stockholder Equity (as reported)	25,598,654
Common Stock	8,129,383
Retained Earnings	5,561,418
Total Stockholder Equity (calculated)	13,690,801
+/-	11,907,853

Other

Capital Stock	8,129,383
Common Stock Shares Outstanding	8,129,383
Net Debt	24,216,636
Net Invested Capital	55,820,351
Net Tangible Assets	17,723,144
Net Working Capital	6,731,101

Balance Sheet

Currency in THB. All numbers in thousands.

Trend

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-03-31

2011-12-31

> Total Assets

6,495,065
0
45,153,877
44,680,413
50,076,002
50,611,606
50,481,512
49,813,787
49,745,448
49,074,260
49,327,351
49,011,985
55,042,591
54,105,903
54,566,543
53,914,743
59,335,882
60,843,620
59,305,266
59,670,316
60,116,455
60,981,957
60,461,601
60,009,637
62,617,364
62,776,276
62,503,102
61,444,983
64,381,097
63,899,326
64,190,930
63,384,728
62,899,396
64,079,791
67,038,451
66,486,732
68,429,052
68,902,704
68,977,347
68,831,616
67,981,679
69,627,389

69,627,389

67,981,679

68,831,616

68,977,347

68,902,704

68,429,052

66,486,732

67,038,451

64,079,791

62,899,396

63,384,728

64,190,930

63,899,326

64,381,097

61,444,983

62,503,102

62,776,276

62,617,364

60,009,637

60,461,601

60,981,957

60,116,455

59,670,316

59,305,266

60,843,620

59,335,882

53,914,743

54,566,543

54,105,903

55,042,591

49,011,985

49,327,351

49,074,260

49,745,448

49,813,787

50,481,512

50,611,606

50,076,002

44,680,413

45,153,877

6,495,065

> Total Current Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
7,666,011
7,072,627
6,241,093
6,924,722
6,293,990
5,813,412
6,245,033
6,466,620
6,272,650
6,423,945
9,735,567
7,733,045
6,606,236
6,932,331
6,571,809
7,735,437
10,566,394
8,702,022
8,990,250
9,498,636
9,711,841
9,911,491
8,788,942
11,327,640

11,327,640

8,788,942

9,911,491

9,711,841

9,498,636

8,990,250

8,702,022

10,566,394

7,735,437

6,571,809

6,932,331

6,606,236

7,733,045

9,735,567

6,423,945

6,272,650

6,466,620

6,245,033

5,813,412

6,293,990

6,924,722

6,241,093

7,072,627

7,666,011

Cash And Cash Equivalents

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,279,585
2,015,958
1,366,504
2,396,054
2,197,481
2,141,095
2,396,561
1,926,896
2,586,578
2,715,790
6,818,737
5,229,627
4,214,184
4,547,654
4,729,418
5,614,532
8,899,071
5,934,926
6,365,956
6,536,666
7,082,267
6,974,337
4,502,480
6,005,061

6,005,061

4,502,480

6,974,337

7,082,267

6,536,666

6,365,956

5,934,926

8,899,071

5,614,532

4,729,418

4,547,654

4,214,184

5,229,627

6,818,737

2,715,790

2,586,578

1,926,896

2,396,561

2,141,095

2,197,481

2,396,054

1,366,504

2,015,958

2,279,585

Short-term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
4,195,714
3,843,320
3,371,097
2,457,671
2,266,937
1,982,564
1,759,763
1,935,269
1,647,792
1,304,697
1,091,499
691,351
694,855
611,573
1,502
1,515
1,517
500,434
1,518
1,522
1,523
1,523
1,352,309
1,354,039

1,354,039

1,352,309

1,523

1,522

1,518

500,434

1,517

1,515

1,502

611,573

694,855

691,351

1,091,499

1,304,697

1,647,792

1,935,269

1,759,763

1,982,564

2,266,937

2,457,671

3,371,097

3,843,320

4,195,714

Net Receivables

0
0
952,617
747,146
820,678
1,604,573
1,002,297
1,296,389
1,119,454
1,350,529
1,483,178
1,253,994
1,110,109
1,017,712
1,219,247
907,467
1,009,822
1,332,568
719,718
851,620
971,797
1,653,996
1,298,953
1,334,451
1,375,286
2,190,710
1,378,846
1,553,452
1,303,091
1,367,850
1,387,107
1,417,593
1,379,821
1,532,124
1,208,491
1,775,995
2,078,739
2,396,079
2,104,938
2,421,174
2,362,856
3,355,345

3,355,345

2,362,856

2,421,174

2,104,938

2,396,079

2,078,739

1,775,995

1,208,491

1,532,124

1,379,821

1,417,593

1,387,107

1,367,850

1,303,091

1,553,452

1,378,846

2,190,710

1,375,286

1,334,451

1,298,953

1,653,996

971,797

851,620

719,718

1,332,568

1,009,822

907,467

1,219,247

1,017,712

1,110,109

1,253,994

1,483,178

1,350,529

1,119,454

1,296,389

1,002,297

1,604,573

820,678

747,146

952,617

Inventory

0
0
0
0
0
0
20,397
0
0
0
44,947
46,168
46,367
49,847
47,228
47,871
48,699
50,167
49,228
50,222
49,124
57,107
47,336
57,252
61,971
63,374
61,818
61,216
61,746
60,994
61,474
60,951
61,293
60,273
60,858
62,368
63,692
65,407
67,771
68,356
67,943
68,024

68,024

67,943

68,356

67,771

65,407

63,692

62,368

60,858

60,273

61,293

60,951

61,474

60,994

61,746

61,216

61,818

63,374

61,971

57,252

47,336

57,107

49,124

50,222

49,228

50,167

48,699

47,871

47,228

49,847

46,367

46,168

44,947

20,397

> Long-term Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
55,021,038
54,645,530
56,166,281
57,584,694
56,452,397
56,327,587
56,344,354
56,472,057
57,784,710
59,438,802
59,404,068
59,265,506
58,920,125
59,192,737
58,299,749

58,299,749

59,192,737

58,920,125

59,265,506

59,404,068

59,438,802

57,784,710

56,472,057

56,344,354

56,327,587

56,452,397

57,584,694

56,166,281

54,645,530

55,021,038

Property Plant Equipment

119
0
28,444,532
908,808
6,069,966
6,027,271
5,993,207
5,951,506
5,913,746
5,867,785
5,830,295
5,789,260
5,737,580
5,672,316
5,610,909
5,548,672
5,485,601
5,428,885
5,374,176
5,314,300
10,010,971
9,946,627
9,870,654
9,779,802
9,687,907
9,596,708
9,483,397
9,499,585
9,437,255
9,356,008
9,246,964
9,532,057
9,410,834
9,418,225
9,305,655
9,192,044
9,084,673
8,984,056
8,867,211
8,740,319
8,627,533
8,512,203

8,512,203

8,627,533

8,740,319

8,867,211

8,984,056

9,084,673

9,192,044

9,305,655

9,418,225

9,410,834

9,532,057

9,246,964

9,356,008

9,437,255

9,499,585

9,483,397

9,596,708

9,687,907

9,779,802

9,870,654

9,946,627

10,010,971

5,314,300

5,374,176

5,428,885

5,485,601

5,548,672

5,610,909

5,672,316

5,737,580

5,789,260

5,830,295

5,867,785

5,913,746

5,951,506

5,993,207

6,027,271

6,069,966

908,808

28,444,532

119

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
6,371,175
7,165,883
7,457,306
7,776,571
8,127,208
8,488,429
10,844,082
11,193,734
11,474,165
11,728,078
11,884,628
11,872,529
12,314,999
11,253,727
11,621,925
12,117,562
12,710,617
14,516,356
16,667,270
17,127,046
17,575,106
17,731,470
18,500,295
18,926,170

18,926,170

18,500,295

17,731,470

17,575,106

17,127,046

16,667,270

14,516,356

12,710,617

12,117,562

11,621,925

11,253,727

12,314,999

11,872,529

11,884,628

11,728,078

11,474,165

11,193,734

10,844,082

8,488,429

8,127,208

7,776,571

7,457,306

7,165,883

6,371,175

Intangible Assets

0
0
12,221,557
12,097,833
12,633,772
12,503,452
12,373,131
12,242,810
12,112,489
11,982,168
11,851,847
11,721,526
11,591,205
11,460,884
11,330,563
11,200,242
11,069,921
10,939,600
10,809,279
10,678,958
10,548,637
10,418,317
10,381,665
10,255,326
10,124,714
9,991,876
9,860,396
9,727,963
9,594,911
9,461,885
9,329,149
9,197,932
9,065,453
8,932,267
8,799,091
8,666,541
8,533,623
8,400,830
8,269,438
8,136,377
8,003,183
7,875,510

7,875,510

8,003,183

8,136,377

8,269,438

8,400,830

8,533,623

8,666,541

8,799,091

8,932,267

9,065,453

9,197,932

9,329,149

9,461,885

9,594,911

9,727,963

9,860,396

9,991,876

10,124,714

10,255,326

10,381,665

10,418,317

10,548,637

10,678,958

10,809,279

10,939,600

11,069,921

11,200,242

11,330,563

11,460,884

11,591,205

11,721,526

11,851,847

11,982,168

12,112,489

12,242,810

12,373,131

12,503,452

12,633,772

12,097,833

12,221,557

Long-term Assets Other

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
380,398
259,586
256,436
653,296
651,495
648,472
644,421
641,183
638,715
635,507
632,244
627,654
624,921
620,299
617,036

617,036

620,299

624,921

627,654

632,244

635,507

638,715

641,183

644,421

648,472

651,495

653,296

256,436

259,586

380,398

> Total Liabilities

6,433,896
0
22,881,116
22,155,964
27,000,369
24,940,083
25,067,893
24,108,374
24,015,176
23,212,430
23,223,772
22,617,522
23,051,015
22,615,054
22,754,361
22,018,920
27,491,699
29,985,490
28,799,138
29,185,100
30,245,966
30,390,136
29,803,081
29,199,012
31,973,123
31,348,439
30,981,103
29,952,217
30,253,679
28,896,152
28,644,225
29,166,862
28,744,966
29,286,240
32,000,463
31,690,846
33,270,857
33,037,147
32,847,281
32,638,955
32,025,374
32,618,605

32,618,605

32,025,374

32,638,955

32,847,281

33,037,147

33,270,857

31,690,846

32,000,463

29,286,240

28,744,966

29,166,862

28,644,225

28,896,152

30,253,679

29,952,217

30,981,103

31,348,439

31,973,123

29,199,012

29,803,081

30,390,136

30,245,966

29,185,100

28,799,138

29,985,490

27,491,699

22,018,920

22,754,361

22,615,054

23,051,015

22,617,522

23,223,772

23,212,430

24,015,176

24,108,374

25,067,893

24,940,083

27,000,369

22,155,964

22,881,116

6,433,896

> Total Current Liabilities

6,433,896
0
3,474,749
3,640,898
5,331,680
2,850,198
2,508,365
2,351,489
2,182,846
2,238,991
2,221,139
2,168,232
2,299,318
2,318,010
2,416,420
2,368,755
2,659,538
3,084,809
1,488,427
1,840,064
2,699,026
3,056,662
2,669,365
2,626,458
2,814,068
2,681,527
2,487,714
2,744,073
3,269,059
2,417,435
3,393,751
3,454,521
7,277,783
7,322,703
6,275,216
6,477,616
4,282,409
4,032,343
3,393,985
3,981,561
3,610,384
4,596,539

4,596,539

3,610,384

3,981,561

3,393,985

4,032,343

4,282,409

6,477,616

6,275,216

7,322,703

7,277,783

3,454,521

3,393,751

2,417,435

3,269,059

2,744,073

2,487,714

2,681,527

2,814,068

2,626,458

2,669,365

3,056,662

2,699,026

1,840,064

1,488,427

3,084,809

2,659,538

2,368,755

2,416,420

2,318,010

2,299,318

2,168,232

2,221,139

2,238,991

2,182,846

2,351,489

2,508,365

2,850,198

5,331,680

3,640,898

3,474,749

6,433,896

Short-term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,052,186
28,212,531
28,426,003
1,411,055
1,540,885
1,621,522
1,633,570
1,542,119
1,519,658
1,653,409
2,389,287
1,589,498
2,622,494
0
0
0
0
0
0
0
0
0
0
0

2,622,494

1,589,498

2,389,287

1,653,409

1,519,658

1,542,119

1,633,570

1,621,522

1,540,885

1,411,055

28,426,003

28,212,531

28,052,186

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
28,052,186
28,212,531
28,426,003
1,411,055
1,540,885
1,621,522
1,633,570
1,542,119
1,519,658
1,653,409
2,389,287
1,589,498
2,622,494
2,522,424
6,533,013
6,534,273
5,544,151
5,543,578
3,338,565
2,817,724
1,999,291
2,277,739
2,277,318
2,677,456

2,677,456

2,277,318

2,277,739

1,999,291

2,817,724

3,338,565

5,543,578

5,544,151

6,534,273

6,533,013

2,522,424

2,622,494

1,589,498

2,389,287

1,653,409

1,519,658

1,542,119

1,633,570

1,621,522

1,540,885

1,411,055

28,426,003

28,212,531

28,052,186

Accounts payable

0
0
170,546
136,909
174,152
331,338
590,910
351,713
349,615
324,500
375,179
340,848
366,480
320,297
506,566
454,620
355,654
261,135
273,299
219,711
248,494
631,864
680,462
428,125
717,895
455,159
499,231
486,386
579,706
431,577
450,171
465,353
423,808
383,089
414,300
504,484
617,373
654,782
722,851
882,534
616,541
970,277

970,277

616,541

882,534

722,851

654,782

617,373

504,484

414,300

383,089

423,808

465,353

450,171

431,577

579,706

486,386

499,231

455,159

717,895

428,125

680,462

631,864

248,494

219,711

273,299

261,135

355,654

454,620

506,566

320,297

366,480

340,848

375,179

324,500

349,615

351,713

590,910

331,338

174,152

136,909

170,546

Other Current Liabilities

3,168,272
0
46,162
65,426
1,242,638
763,247
138,982
90,552
100,178
181,089
96,707
154,560
217,373
248,421
142,304
159,595
319,571
1,906,803
281,388
555,881
1,369,690
1,012,897
447,606
576,811
93,632
242,626
149,906
66,870
56,531
70,148
147,334
224,672
90,368
122,235
99,043
147,535
77,336
242,104
445,344
511,236
470,913
601,601

601,601

470,913

511,236

445,344

242,104

77,336

147,535

99,043

122,235

90,368

224,672

147,334

70,148

56,531

66,870

149,906

242,626

93,632

576,811

447,606

1,012,897

1,369,690

555,881

281,388

1,906,803

319,571

159,595

142,304

248,421

217,373

154,560

96,707

181,089

100,178

90,552

138,982

763,247

1,242,638

65,426

46,162

3,168,272

> Long-term Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
27,208,144
26,984,620
26,478,717
25,250,474
25,712,341
21,467,183
21,963,537
25,725,247
25,213,230
28,988,448
29,004,804
29,453,296
28,657,394
28,414,990
28,022,066

28,022,066

28,414,990

28,657,394

29,453,296

29,004,804

28,988,448

25,213,230

25,725,247

21,963,537

21,467,183

25,712,341

25,250,474

26,478,717

26,984,620

27,208,144

Other Liabilities

0
0
95,240
97,249
99,816
123,451
129,221
132,377
135,875
147,055
177,608
185,910
191,842
190,819
197,456
209,010
212,824
215,464
214,012
217,347
223,217
229,856
247,255
250,548
238,474
318,305
323,636
332,988
346,830
356,826
362,206
366,191
374,987
383,740
401,363
411,276
421,256
431,389
110,111
115,290
120,153
125,336

125,336

120,153

115,290

110,111

431,389

421,256

411,276

401,363

383,740

374,987

366,191

362,206

356,826

346,830

332,988

323,636

318,305

238,474

250,548

247,255

229,856

223,217

217,347

214,012

215,464

212,824

209,010

197,456

190,819

191,842

185,910

177,608

147,055

135,875

132,377

129,221

123,451

99,816

97,249

95,240

> Total Stockholder Equity

61,169
61,169
9,219,552
9,312,439
9,235,610
11,666,477
11,589,785
11,740,626
11,775,182
11,883,073
12,048,125
12,158,431
17,733,614
17,505,754
17,754,445
17,740,174
17,608,690
17,822,264
17,743,736
17,826,380
17,398,007
17,628,918
17,748,413
17,914,960
17,811,725
18,249,370
18,333,427
18,442,950
21,995,619
23,016,030
23,548,683
22,513,242
22,641,625
23,304,571
23,774,415
23,571,166
23,811,646
24,514,706
24,833,756
25,031,822
24,749,713
25,598,654

25,598,654

24,749,713

25,031,822

24,833,756

24,514,706

23,811,646

23,571,166

23,774,415

23,304,571

22,641,625

22,513,242

23,548,683

23,016,030

21,995,619

18,442,950

18,333,427

18,249,370

17,811,725

17,914,960

17,748,413

17,628,918

17,398,007

17,826,380

17,743,736

17,822,264

17,608,690

17,740,174

17,754,445

17,505,754

17,733,614

12,158,431

12,048,125

11,883,073

11,775,182

11,740,626

11,589,785

11,666,477

9,235,610

9,312,439

9,219,552

61,169

Common Stock

100,000
0
9,200,000
4,600,000
4,600,000
5,500,000
5,500,000
5,500,000
5,500,000
5,500,000
5,500,000
5,500,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,370,000
7,964,233
8,129,382
8,129,382
8,129,383
8,129,383
8,129,383
8,129,383
8,129,383
8,129,383
8,129,383
8,129,383
8,129,383
8,129,383

8,129,383

8,129,382

7,964,233

7,370,000

5,500,000

4,600,000

9,200,000

100,000

Retained Earnings Total Equity

Accumulated Other Comprehensive Income

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-218,132
-91,865
-88,715
-22,619
80,868
234,898
231,113
269,956
232,458
202,560
3,877,859
1,299,531
328,879
-396,097
75,304
-93,058
372,897
55,049
-126,904
-658,760
-462,249
-302,909
-798,698
-1,411,393

-1,411,393

-798,698

-302,909

-462,249

-658,760

-126,904

55,049

372,897

-93,058

75,304

-396,097

328,879

1,299,531

3,877,859

202,560

232,458

269,956

231,113

234,898

80,868

-22,619

-88,715

-91,865

-218,132

Balance Sheet

Currency in THB. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31
Accounts Payable	722,851	414,300	450,171	499,231	680,462	273,299	506,566	375,179	590,910	170,546	-
Capital Lease Obligations	395,723	394,153	-	0	411	1,855	-	-	-	-	-
Capital Stock	8,129,383	8,129,383	8,129,382	7,370,000	-	-	-	-	-	-	-
Cash	7,082,267	8,899,071	4,214,184	2,586,578	2,197,481	2,279,585	2,140,585	1,830,133	1,791,473	-	9,530
Common Stock	8,129,383	8,129,383	8,129,382	7,370,000	7,370,000	7,370,000	7,370,000	5,500,000	5,500,000	9,200,000	100,000
Common Stock Shares Outstanding	8,129,383	8,129,383	8,129,382	7,370,000	7,370,000	-	-	-	-	-	-
Intangible Assets	8,269,438	8,799,091	9,329,149	9,860,397	10,381,666	10,809,279	11,330,563	11,851,847	12,373,131	12,221,557	-
Inventory	67,771	60,858	61,474	61,818	47,336	49,228	47,228	44,947	20,397	-	-
Long Term Debt	28,979,072	24,961,286	24,888,268	28,161,816	26,886,461	27,096,288	20,163,291	20,825,026	22,430,307	19,311,127	-
Long Term Investments	17,575,106	12,710,617	12,314,999	11,474,165	8,127,208	6,371,175	5,077,067	235,818	219,147	-	-
Net Debt	23,896,096	21,606,366	23,296,578	27,094,896	26,229,866	-	-	-	-	-	-
Net Invested Capital	55,812,119	54,279,851	51,059,445	48,014,901	46,175,760	-	-	-	-	-	-
Net Receivables	2,104,938	1,208,186	1,387,107	1,378,846	1,298,954	861,327	1,219,247	1,483,177	1,002,297	952,617	-
Net Tangible Assets	16,564,318	14,975,323	14,219,534	8,473,031	7,366,748	6,930,674	6,423,882	196,278	-783,346	-	-
Net Working Capital	6,317,856	4,291,178	3,212,484	3,784,936	3,624,625	-	-	-	-	-	-
Non Current Assets Total	59,265,506	56,472,057	57,584,694	56,230,452	54,167,611	51,639,255	-	-	-	-	-
Non Current Liabilities Total	29,453,296	25,725,247	25,250,474	28,493,389	27,133,716	27,310,712	-	-	-	-	-
Non Currrent Assets Other	627,654	641,183	653,296	1,240,633	1,155,214	978,133	-	-	-	-	-
Other Assets	24,553,752	25,656,693	26,693,583	25,412,494	25,788,085	29,080,842	27,352,301	26,051,742	27,033,392	345,857	-
Other Current Assets	455,343	396,763	248,616	597,617	483,283	280,157	606,403	53,309	179,068	46,716	6
Other Current Liab	445,344	99,043	147,334	149,905	152,538	210,760	105,862	96,707	138,982	46,162	3,168,272
Other Liab	110,111	401,363	362,206	323,636	225,989	192,266	172,795	177,608	129,222	95,241	-
Other Stockholder Equity	-462,249	372,897	328,879	232,458	80,868	-218,132	-316,650	-125,669	-112,193	-	-
Property Plant Equipment	8,867,211	9,305,655	9,246,964	9,483,397	9,870,654	5,374,176	5,610,909	5,830,295	5,993,207	28,444,532	119
Retained Earnings	3,847,377	1,952,889	1,771,179	1,208,637	775,212	1,069,537	1,178,763	876,885	235,069	16,185	-
Short Long Term Debt	1,999,291	5,544,151	2,622,494	1,519,658	1,540,885	932,296	1,765,675	1,671,795	24,208,779	-	-
Short Term Debt	-	-	2,622,494	1,519,658	1,540,885	932,296	1,765,675	1,671,795	24,208,779	-	-
Short Term Investments	1,523	1,517	694,855	1,647,792	2,266,937	4,195,714	1,182,240	751,182	529,180	-	161,404
Total Assets	68,977,347	67,038,451	64,190,930	62,503,102	60,461,601	59,305,266	54,566,543	49,327,351	50,481,512	45,153,877	6,495,065
Total Current Assets	9,711,841	10,566,394	6,606,236	6,272,650	6,293,990	7,666,011	5,195,702	4,162,749	3,502,017	-	-
Total Current Liabilities	3,393,985	6,275,216	3,393,751	2,487,714	2,669,365	1,488,427	2,416,419	2,221,139	2,508,365	3,474,749	6,433,896
Total Liab	32,847,281	32,000,463	28,644,225	30,981,103	29,803,081	28,799,138	22,754,361	23,223,772	25,067,893	22,881,116	6,433,896
Total Stockholder Equity	24,833,756	23,774,415	23,548,683	18,333,427	17,748,413	17,743,736	17,754,445	12,048,125	11,589,785	9,219,552	61,169

	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-03-31	2011-12-31
Accounts Payable	970,277	616,541	882,534	722,851	654,782	617,373	504,484	414,300	383,089	423,808	465,353	450,171	431,577	579,706	486,386	499,231	455,159	717,895	428,125	680,462	631,864	248,494	219,711	273,299	261,135	355,654	454,620	506,566	320,297	366,480	340,848	375,179	324,500	349,615	351,713	590,910	331,338	174,152	136,909	170,546	-	-
Capital Lease Obligations	381,450	384,510	387,976	395,723	402,042	400,555	388,706	394,153	400,159	396,358	403,915	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Stock	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash	6,005,061	4,502,480	6,974,337	7,082,267	6,536,666	6,365,956	5,934,926	8,899,071	5,614,532	4,729,418	4,547,654	4,214,184	5,229,627	6,818,737	2,715,790	2,586,578	1,926,896	2,396,561	2,141,095	2,197,481	2,396,054	1,366,504	2,015,958	2,279,585	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,382	8,129,382	7,964,233	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	7,370,000	5,500,000	5,500,000	5,500,000	5,500,000	5,500,000	5,500,000	5,500,000	4,600,000	4,600,000	9,200,000	-	100,000
Common Stock Shares Outstanding	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,383	8,129,382	8,129,382	8,132,439	7,344,737	7,376,773	7,366,997	7,371,571	7,354,778	7,363,529	7,271,646	7,357,813	7,626,429	7,393,898	7,359,011	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Intangible Assets	7,875,510	8,003,183	8,136,377	8,269,438	8,400,830	8,533,623	8,666,541	8,799,091	8,932,267	9,065,453	9,197,932	9,329,149	9,461,885	9,594,911	9,727,963	9,860,396	9,991,876	10,124,714	10,255,326	10,381,665	10,418,317	10,548,637	10,678,958	10,809,279	10,939,600	11,069,921	11,200,242	11,330,563	11,460,884	11,591,205	11,721,526	11,851,847	11,982,168	12,112,489	12,242,810	12,373,131	12,503,452	12,633,772	12,097,833	12,221,557	-	-
Inventory	68,024	67,943	68,356	67,771	65,407	63,692	62,368	60,858	60,273	61,293	60,951	61,474	60,994	61,746	61,216	61,818	63,374	61,971	57,252	47,336	57,107	49,124	50,222	49,228	50,167	48,699	47,871	47,228	49,847	46,367	46,168	44,947	-	-	-	20,397	-	-	-	-	-	-
Long Term Debt	27,544,241	27,940,076	28,184,445	28,979,072	28,203,763	28,197,736	24,445,274	24,961,286	21,210,662	20,725,540	24,971,928	24,888,268	26,119,387	26,633,004	26,869,143	28,169,753	28,348,607	28,920,581	26,312,298	26,886,461	27,103,618	27,323,723	27,127,689	27,096,700	26,685,217	24,619,337	19,441,155	20,140,485	20,106,225	20,559,855	20,263,380	20,825,026	20,826,384	21,696,455	21,624,508	22,430,307	21,966,434	21,568,873	18,417,817	19,311,127	-	-
Long Term Investments	18,926,170	18,500,295	17,731,470	17,575,106	17,127,046	16,667,270	14,516,356	12,710,617	12,117,562	11,621,925	11,253,727	12,314,999	11,872,529	11,884,628	11,728,078	11,474,165	11,193,734	10,844,082	8,488,429	8,127,208	7,776,571	7,457,306	7,165,883	6,371,175	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Debt	24,216,636	25,714,914	23,487,847	23,896,096	24,484,821	25,170,345	24,053,926	21,606,366	22,130,403	22,529,135	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Invested Capital	55,820,351	54,967,107	55,494,006	55,812,119	55,536,193	55,347,947	53,560,018	54,279,851	51,049,506	49,900,178	50,007,594	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Receivables	3,355,345	2,362,856	2,421,174	2,104,938	2,396,079	2,078,739	1,775,995	1,208,491	1,532,124	1,379,821	1,417,593	1,387,107	1,367,850	1,303,091	1,553,452	1,378,846	2,190,710	1,375,286	1,334,451	1,298,953	1,653,996	971,797	851,620	719,718	1,332,568	1,009,822	907,467	1,219,247	1,017,712	1,110,109	1,253,994	1,483,178	1,350,529	1,119,454	1,296,389	1,002,297	1,604,573	820,678	747,146	952,617	-	-
Net Tangible Assets	17,723,144	16,746,530	16,895,445	16,564,318	16,113,876	15,278,023	14,904,625	14,975,323	14,372,304	13,576,172	13,315,310	14,219,534	13,554,145	12,400,708	8,714,987	8,473,031	8,257,494	7,687,011	7,659,634	7,366,748	7,210,601	6,849,370	7,147,422	6,934,457	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Working Capital	6,731,101	5,178,558	5,929,930	6,317,856	5,466,293	4,707,841	2,224,406	4,291,178	412,734	-705,974	3,477,810	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Assets Total	58,299,749	59,192,737	58,920,125	59,265,506	59,404,068	59,438,802	57,784,710	56,472,057	56,344,354	56,327,587	56,452,397	57,584,694	56,166,281	54,645,530	55,021,038	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Current Liabilities Total	28,022,066	28,414,990	28,657,394	29,453,296	29,004,804	28,988,448	25,213,230	25,725,247	21,963,537	21,467,183	25,712,341	25,250,474	26,478,717	26,984,620	27,208,144	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non Currrent Assets Other	617,036	620,299	624,921	627,654	632,244	635,507	638,715	641,183	644,421	648,472	651,495	653,296	256,436	259,586	380,398	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Assets	22,985,866	24,061,726	24,311,959	24,553,752	24,892,136	25,153,236	25,409,769	25,656,693	25,876,300	26,229,375	26,468,681	26,693,583	25,475,859	23,728,736	24,065,412	25,412,494	25,527,338	25,715,628	44,416,423	44,296,957	44,110,608	43,864,391	47,283,389	46,265,079	45,925,348	45,184,088	43,725,150	43,759,931	43,716,036	43,800,822	39,417,604	39,334,307	39,703,866	40,032,932	40,604,078	40,986,287	41,351,916	41,658,542	42,326,272	14,821,578	-	6,324,005
Other Current Assets	545,171	503,354	446,101	455,343	498,962	480,345	427,216	396,458	526,993	399,775	294,560	248,616	312,678	197,368	129,515	597,617	350,371	651,452	119,159	132,002	270,880	270,953	245,275	208,209	253,678	213,316	128,093	77,628	107,808	131,801	141,733	53,309	198,696	195,655	231,674	158,671	191,431	200,384	105,536	46,716	-	6
Other Current Liab	601,601	470,913	511,236	445,344	242,104	77,336	147,535	99,043	122,235	90,368	224,672	147,334	70,148	56,531	66,870	149,906	242,626	93,632	576,811	447,606	1,012,897	1,369,690	555,881	281,388	1,906,803	319,571	159,595	142,304	248,421	217,373	154,560	96,707	181,089	100,178	90,552	138,982	763,247	1,242,638	65,426	46,162	-	3,168,272
Other Liab	125,336	120,153	115,290	110,111	431,389	421,256	411,276	401,363	383,740	374,987	366,191	362,206	356,826	346,830	332,988	323,636	318,305	238,474	250,548	247,255	229,856	223,217	217,347	214,012	215,464	212,824	209,010	197,456	190,819	191,842	185,910	177,608	147,055	135,875	132,377	129,221	123,451	99,816	97,249	95,240	-	-
Other Stockholder Equity	-1,411,393	-798,698	-302,909	-462,249	-658,760	-126,904	55,049	372,897	-93,058	75,304	-396,097	328,879	1,299,531	3,877,859	202,560	232,458	269,956	231,113	234,898	80,868	-22,619	-88,715	-91,865	-218,132	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Property Plant Equipment	8,512,203	8,627,533	8,740,319	8,867,211	8,984,056	9,084,673	9,192,044	9,305,655	9,418,225	9,410,834	9,532,057	9,246,964	9,356,008	9,437,255	9,499,585	9,483,397	9,596,708	9,687,907	9,779,802	9,870,654	9,946,627	10,010,971	5,314,300	5,374,176	5,428,885	5,485,601	5,548,672	5,610,909	5,672,316	5,737,580	5,789,260	5,830,295	5,867,785	5,913,746	5,951,506	5,993,207	6,027,271	6,069,966	908,808	28,444,532	-	119
Retained Earnings	5,561,418	4,099,782	3,886,102	3,847,377	3,724,838	2,489,922	2,067,488	1,952,889	1,949,001	1,117,693	1,460,715	1,771,179	1,151,290	1,117,947	1,240,577	1,208,637	1,087,082	688,280	787,730	775,212	759,205	594,390	1,025,913	1,069,537	1,246,153	1,123,864	1,226,215	1,178,763	1,018,107	981,939	960,921	876,885	661,593	562,769	357,388	235,069	214,347	32,243	109,072	16,186	-	-
Short Long Term Debt	2,677,456	2,277,318	2,277,739	1,999,291	2,817,724	3,338,565	5,543,578	5,544,151	6,534,273	6,533,013	2,522,424	2,622,494	1,589,498	2,389,287	1,653,409	1,519,658	1,542,119	1,633,570	1,621,522	1,540,885	1,411,055	28,426,003	28,212,531	28,052,186	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Debt	-	-	-	-	-	-	-	-	-	-	-	2,622,494	1,589,498	2,389,287	1,653,409	1,519,658	1,542,119	1,633,570	1,621,522	1,540,885	1,411,055	28,426,003	28,212,531	28,052,186	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Short Term Investments	1,354,039	1,352,309	1,523	1,523	1,522	1,518	500,434	1,517	1,515	1,502	611,573	694,855	691,351	1,091,499	1,304,697	1,647,792	1,935,269	1,759,763	1,982,564	2,266,937	2,457,671	3,371,097	3,843,320	4,195,714	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Assets	69,627,389	67,981,679	68,831,616	68,977,347	68,902,704	68,429,052	66,486,732	67,038,451	64,079,791	62,899,396	63,384,728	64,190,930	63,899,326	64,381,097	61,444,983	62,503,102	62,776,276	62,617,364	60,009,637	60,461,601	60,981,957	60,116,455	59,670,316	59,305,266	60,843,620	59,335,882	53,914,743	54,566,543	54,105,903	55,042,591	49,011,985	49,327,351	49,074,260	49,745,448	49,813,787	50,481,512	50,611,606	50,076,002	44,680,413	45,153,877	-	6,495,065
Total Current Assets	11,327,640	8,788,942	9,911,491	9,711,841	9,498,636	8,990,250	8,702,022	10,566,394	7,735,437	6,571,809	6,932,331	6,606,236	7,733,045	9,735,567	6,423,945	6,272,650	6,466,620	6,245,033	5,813,412	6,293,990	6,924,722	6,241,093	7,072,627	7,666,011	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Current Liabilities	4,596,539	3,610,384	3,981,561	3,393,985	4,032,343	4,282,409	6,477,616	6,275,216	7,322,703	7,277,783	3,454,521	3,393,751	2,417,435	3,269,059	2,744,073	2,487,714	2,681,527	2,814,068	2,626,458	2,669,365	3,056,662	2,699,026	1,840,064	1,488,427	3,084,809	2,659,538	2,368,755	2,416,420	2,318,010	2,299,318	2,168,232	2,221,139	2,238,991	2,182,846	2,351,489	2,508,365	2,850,198	5,331,680	3,640,898	3,474,749	-	6,433,896
Total Liab	32,618,605	32,025,374	32,638,955	32,847,281	33,037,147	33,270,857	31,690,846	32,000,463	29,286,240	28,744,966	29,166,862	28,644,225	28,896,152	30,253,679	29,952,217	30,981,103	31,348,439	31,973,123	29,199,012	29,803,081	30,390,136	30,245,966	29,185,100	28,799,138	29,985,490	27,491,699	22,018,920	22,754,361	22,615,054	23,051,015	22,617,522	23,223,772	23,212,430	24,015,176	24,108,374	25,067,893	24,940,083	27,000,369	22,155,964	22,881,116	-	6,433,896
Total Stockholder Equity	25,598,654	24,749,713	25,031,822	24,833,756	24,514,706	23,811,646	23,571,166	23,774,415	23,304,571	22,641,625	22,513,242	23,548,683	23,016,030	21,995,619	18,442,950	18,333,427	18,249,370	17,811,725	17,914,960	17,748,413	17,628,918	17,398,007	17,826,380	17,743,736	17,822,264	17,608,690	17,740,174	17,754,445	17,505,754	17,733,614	12,158,431	12,048,125	11,883,073	11,775,182	11,740,626	11,589,785	11,666,477	9,235,610	9,312,439	9,219,552	61,169	61,169

Cash Flow

Currency in THB. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31
Begin Period Cash Flow	8,899,071	4,214,184	2,586,578	2,197,481	2,279,585	-	-	-	-	-	-
Capital Expenditures	47,446	103,877	250,185	723,478	2,647,730	3,419,682	1,185,747	181,571	1,220,583	153,105	128
Change In Cash	-1,816,804	4,684,886	1,627,606	389,097	-82,105	139,000	310,452	38,659	1,218,640	-	-
Change In Working Capital	-229,586	61,538	135,863	-74,965	-73,447	-	-	-	-	-	-
Change To Account Receivables	-488,124	237,630	22,564	-153,099	-441,429	500,821	261,310	-484,176	-51,920	3,097	-
Change To Inventory	-6,913	616	-358	-14,482	-13,209	-2,000	-2,281	-24,550	-10,903	-	-
Change To Liabilities	321,338	-27,297	-58,968	-162,712	391,643	-243,015	151,914	-223,322	411,932	-	-
Change To Netincome	-398,908	-108,110	151,105	1,674,748	1,325,323	1,643,371	1,407,425	1,553,236	1,616,899	-	-
Change To Operating Activities	-55,887	-154,067	169,950	253,320	-10,453	-86,664	-49,558	103,560	43,361	-	-
Depreciation	2,080,625	2,070,745	2,028,171	2,064,250	1,958,538	1,860,225	1,865,714	1,858,173	1,749,293	-	-
Dividends Paid	-284,525	-243,881	-206,360	-165,643	442,200	164,351	109,998	109,998	109,998	-	-
End Period Cash Flow	7,082,267	8,899,071	4,214,184	2,586,578	2,197,481	2,279,585	-	-	-	-	-
Free Cash Flow	3,617,977	2,141,989	2,877,546	3,655,333	832,426	-	-	-	-	-	-
Investments	-4,501,112	683,952	452,278	-2,651,735	277,590	-7,148,187	-5,804,200	-168,843	-43,864	-	-
Net Borrowings	423,167	2,947,892	-2,412,120	1,335,355	947,612	6,536,157	-1,053,873	-1,638,303	-1,753,304	-	-
Net Income	2,179,013	404,714	768,902	599,068	158,773	55,055	411,875	471,816	218,884	-	-
Other Cashflows From Financing Activities	-1,542,411	-1,465,726	-1,491,971	-1,424,614	-1,190,830	-2,825,288	-1,197,243	-1,346,590	-1,363,830	178	-
Other Cashflows From Investing Activities	422,578	32,079	-1,900,840	-203,007	-337,563	738,957	-4,989	97,988	-249,474	-	-
Other Non Cash Items	534,553	522,597	515,545	1,088,127	1,329,492	-	-	-	-	-	-
Sale Purchase Of Stock	-	-	-	-	-	-	5,595,423	5,595,423	8,400,209	-	-
Total Cash From Financing Activities	-1,403,769	1,238,288	445,841	-254,902	-685,418	3,546,518	3,234,310	-2,984,893	-850,225	6,520,705	3,360,975
Total Cash From Operating Activities	3,667,177	2,460,672	3,124,578	4,283,125	3,378,595	3,740,897	4,058,190	3,263,622	3,980,779	2,024,285	-
Total Cashflows From Investing Activities	-4,080,521	986,473	-1,943,041	-3,631,495	-2,764,084	-7,148,835	-6,984,380	-229,726	-1,925,157	-	-

	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31
Begin Period Cash Flow	4,502,480	6,974,337	7,082,267	6,536,666	6,365,956	5,934,926	8,899,071	5,614,532	4,729,418	4,547,654	4,214,184	5,229,627	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Capital Expenditures	14,392	14,210	3,416	20,603	8,772	8,107	9,964	21,230	16,671	7,113	58,545	47,157	24,997	102,577	72,301	130,081	124,330	260,540	208,527	2,647,730	1,904,162	1,691,850	584,754	3,595,813	2,787,022	1,565,265	155,132	1,185,747	1,027,623	714,105	474,012	181,571	146,110	48,629	19,438	1,220,583	595,758	106,952	4,099	153,105	94,984	9,095	0	220
Change In Cash	1,502,581	-2,471,857	-107,930	545,601	170,710	431,030	-2,964,145	3,284,538	885,114	181,764	333,470	-1,015,443	-1,589,110	4,102,947	129,212	659,682	-469,665	255,466	-56,386	-198,574	1,029,550	-649,454	-263,627	-1,176,946	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change In Working Capital	-202,891	-137,019	-13,295	400,848	-108,187	-135,531	-386,716	463,479	-261,749	-113,192	-27,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Account Receivables	-650,036	-53,951	-201,734	359,716	-200,959	-194,079	-452,802	379,117	-147,547	18,879	-12,819	104,647	-86,457	247,261	-242,887	791,164	-828,915	-79,133	-36,215	495,262	-718,011	-136,458	-82,606	500,821	900,771	197,315	364,571	261,310	478,408	365,704	281,839	-	-	-	-	-	-	180,935	201,963	3,097	-	195,660	-	-
Change To Inventory	-81	413	-585	-2,364	-1,715	-1,324	-1,510	-585	1,020	-342	523	-480	752	-1,232	602	1,556	-1,403	-4,719	-9,916	-5,330	-7,983	104	-994	939	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Liabilities	468,571	-29,518	169,226	-16,706	111,192	131,956	94,896	-58,135	21,127	-22,531	32,242	-31,211	-130,675	106,519	-3,601	20,722	-253,949	306,115	-235,600	12,263	-123,299	604,289	-101,610	1,027,163	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Netincome	-853,649	-543,248	163,184	148,454	-654,538	-190,220	297,396	-303,818	-445,038	45,551	379,789	-399,404	115,133	193,954	241,422	316,504	886,693	259,617	211,934	275,255	510,139	250,143	289,786	436,875	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change To Operating Activities	-21,345	-54,279	19,798	60,202	-16,705	-72,084	-27,300	142,849	-136,349	-109,198	-51,369	84,741	-83,576	-53,774	222,559	80,794	110,473	72,037	-9,984	45,220	7,891	-26,391	-36,788	41,086	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Depreciation	521,694	522,388	518,438	523,943	524,442	518,400	513,840	521,039	519,783	515,155	514,768	495,279	498,109	491,095	554,622	520,084	519,232	514,770	510,164	517,589	516,279	465,195	460,254	467,602	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	-650,350	-650,350	0	0	284,525	284,525	0	0	243,881	243,881	0	0	206,360	0	0	0	165,643	165,643	442,200	442,200	442,200	442,200	164,351	164,351	164,351	-	109,998	109,998	109,998	-	-	-	-	-	-	-	-	-	-	-	-	-	-
End Period Cash Flow	6,005,061	4,502,480	6,974,337	7,082,267	6,536,666	6,365,956	5,934,926	8,899,071	5,614,532	4,729,418	4,547,654	4,214,184	5,229,627	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow	916,235	695,829	708,037	1,183,706	996,462	900,300	537,509	675,906	637,499	355,308	473,276	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments	-5	-1,854,000	-1,854,000	-504,000	-4	-1,326,548	-2,670,560	-12,824	-14	609,970	86,820	-1,333,716	-1,309,386	-155,366	855,427	-33,522	-500,282	-2,113,575	-4,356	-100,713	620,672	163,654	-406,023	-189,491	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Borrowings	-8,128	-257,460	-530,302	-55,252	-529,007	1,538,058	-530,632	2,754,904	472,294	-249,589	-29,717	-204,532	-1,319,818	493,710	-1,381,480	-232,672	-640,217	2,466,101	-257,857	65,061	222,395	273,780	386,376	290,337	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income	1,461,636	864,030	38,726	122,540	1,234,916	706,958	114,599	7,798	831,308	-94,860	-339,532	512,408	33,343	83,730	139,421	121,555	398,802	66,193	12,518	26,905	164,815	10,677	-43,624	-176,616	122,219	62,000	47,452	160,655	36,168	131,016	84,036	215,292	98,824	35,381	122,319	20,722	182,104	-	92,887	32,689	95,729	-	32,928	-
Other Cashflows From Financing Activities	-176,416	-429,888	-288,228	-522,656	-306,977	-406,746	-306,032	-195,353	-341,000	-402,979	-311,306	-249,467	-319,683	-643,277	-279,544	-507,280	-283,238	-448,321	-185,775	-468,454	66,896	-562,957	-226,315	-1,661,928	-	-	-	-	57,300	57,300	82,770	-	-	-	-	-	-	-	-	178	178	178	-	-
Other Cashflows From Investing Activities	764,456	22,101	-16	403,763	8,384	10,463	-32	-308,788	110,336	122,627	107,904	-1,290,341	-1,670,729	616,782	875,448	-261,350	273,836	-379,388	163,895	-265,550	-18,055	-156,448	102,490	722,757	963,551	-	327,701	-	352,826	-	365,740	97,988	459,597	150,716	330,922	-	74,280	-	-	-	-	-	50,282	-
Other Non Cash Items	141,572	131,064	139,633	78,224	154,256	151,415	150,658	136,171	123,455	129,750	133,221	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Cash From Financing Activities	-184,544	-1,337,698	-818,530	-577,908	-835,984	846,787	-836,664	2,559,554	131,290	-896,445	-341,023	-454,000	-648,603	3,209,468	-1,661,024	-739,952	-923,455	1,852,137	-443,632	-403,393	289,291	-731,377	160,061	3,546,518	4,918,109	4,167,444	-	3,234,310	3,610,372	4,637,982	-	-	-	-	-	-	-	-	-	6,520,705	5,913,101	6,315,397	-	5,761,672
Total Cash From Operating Activities	931,193	710,223	712,659	1,204,856	1,005,617	908,663	548,041	697,126	653,580	361,828	532,732	772,391	353,040	1,074,182	924,965	1,857,060	835,522	1,142,792	447,751	3,378,595	2,009,100	1,656,939	486,391	3,740,250	2,339,843	1,639,461	1,037,297	4,058,190	3,001,877	2,126,893	982,280	3,263,622	2,063,458	1,368,641	365,661	3,980,779	2,305,294	1,737,735	872,563	2,024,285	1,082,201	539,642	-	-
Total Cashflows From Investing Activities	749,506	-1,845,948	-4,563	-74,779	-725	-1,324,448	-2,680,569	30,960	93,529	725,210	137,092	-1,333,716	-1,309,386	-155,366	855,427	-454,321	-363,845	-2,755,671	-57,658	-1,166,216	390,306	-1,099,887	-888,287	-1,225,876	-	-	1,630	-	-	-	-	-	256,947	61,547	294,266	-	-	-	-	-	-	-	50,282	-

Income Statement

Currency in THB. All numbers in thousands.

	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31
Cost Of Revenue	6,520,005	5,989,882	6,576,878	6,103,916	4,809,814	4,171,361	4,096,818	2,753,290	1,545,246	1,118,743	-
Ebit	2,320,228	759,937	1,820,994	2,501,010	1,705,856	3,208,578	1,846,153	2,071,432	1,926,376	-	-
Ebitda	5,974,830	3,260,197	4,295,499	4,584,223	3,551,017	-	-	-	-	-	-
Gross Profit	1,985,159	705,172	1,800,008	2,965,880	2,068,908	2,147,381	2,711,999	2,937,186	2,844,297	-	-
Income Before Tax	2,812,435	181,794	1,095,101	1,408,916	323,842	207,740	786,411	882,393	604,496	114,016	-
Income Tax Expense	61,182	-15,912	12,278	44,860	16,330	13,642	293	244	1,887	1,955	-
Interest Expense	1,070,364	996,361	1,161,294	1,100,426	0	0	0	0	0	0	0
Interest Income	532,321	474,223	413,533	19,221	13,631	21,790	-	-	-	-	-
Minority Interest	-572,241	11,263,573	11,998,021	13,188,572	12,910,107	12,762,392	14,057,737	410,333	383,725	57,044	-
Net Income	2,179,013	404,714	768,902	599,068	158,773	55,055	411,875	471,816	218,884	-	-
Net Income Applicable To Common Shares	2,179,013	404,714	768,902	599,068	158,773	55,055	411,875	471,816	218,884	-	-
Net Income From Continuing Ops	2,751,254	197,706	1,082,823	1,364,056	307,512	194,098	786,118	882,149	602,609	-	-
Net Interest Income	-538,044	-522,138	-747,761	-1,081,206	-1,254,227	-1,118,823	-	-	-	-	-
Operating Income	1,783,309	277,497	1,357,672	2,456,006	1,654,699	1,377,534	1,846,153	2,071,433	1,926,377	896,613	-
Reconciled Depreciation	2,092,031	2,082,042	2,039,105	2,074,881	1,959,317	-	-	-	-	-	-
Selling General Administrative	494,429	427,675	442,336	509,874	414,209	769,847	344,563	344,470	409,830	195,976	2,817
Tax Provision	61,182	-15,912	12,278	44,860	16,330	13,642	-	-	-	-	-
Total Operating Expenses	6,721,855	6,417,558	7,019,214	6,613,790	5,224,023	4,941,208	4,962,665	4,955,933	3,704,369	-	-
Total Other Income Expense Net	1,567,170	426,435	485,190	34,116	-76,631	-50,971	-1,059,742	-1,189,039	-1,321,880	-	-
Total Revenue	8,505,164	6,695,055	8,376,886	9,069,797	6,878,722	6,318,742	6,808,818	7,023,329	5,628,534	2,533,790	-

	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31
Cost Of Revenue	2,640,043	2,073,635	2,087,576	1,828,046	1,688,417	1,543,415	1,460,127	1,409,961	1,519,836	1,559,687	1,500,398	1,615,295	1,605,393	1,693,397	1,662,793	1,485,813	1,449,495	1,373,008	891,904	884,748	923,434	544,181	498,134	551,346	573,385	589,733	596,673	787,758	651,871	631,151	681,608	710,732	694,608	684,206	663,744	650,258	636,276	400,625	138,577	172,579	132,422	246,101	-
Ebit	732,802	456,793	340,692	459,029	710,508	624,365	526,326	-77,217	510,744	170,428	357,017	1,316,490	780,557	976,413	1,222,039	556,125	1,278,297	351,678	314,910	368,526	749,444	291,347	296,539	-75,626	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Ebitda	2,530,745	1,766,273	856,922	995,750	2,273,163	1,684,378	1,021,539	587,964	1,723,030	592,186	357,017	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross Profit	646,426	379,827	251,795	335,081	633,663	636,155	525,369	-75,731	493,267	151,253	136,383	342,136	237,828	483,502	736,542	843,486	1,527,479	606,858	936,757	1,011,701	1,374,604	832,330	860,747	878,265	1,242,652	964,837	962,293	1,176,227	855,940	1,045,318	978,945	1,273,953	1,035,127	863,600	1,101,396	935,410	1,360,442	629,914	879,941	872,614	877,672	246,200	-
Income Before Tax	1,743,729	978,496	71,498	194,128	1,479,582	895,839	242,886	-191,269	956,391	-169,205	-414,123	561,308	17,386	215,643	300,764	297,836	978,246	141,104	-8,270	57,493	372,335	-22,823	-83,163	-356,751	338,978	143,400	82,113	344,859	51,057	253,825	136,670	447,910	183,371	27,259	223,853	49,224	450,185	-	252,528	89,473	235,951	-	32,928
Income Tax Expense	23,499	17,621	9,044	11,172	26,109	15,960	7,941	-9,383	5,454	-5,975	-6,008	1,039	-3,918	6,276	8,881	10,054	30,140	4,641	25	2,473	12,497	679	681	4,821	2,185	6,533	103	135	158	-	-	244	-	-	-	-	756	721	840	292	1,180	483	-
Interest Expense	265,322	265,389	266,986	274,778	266,284	267,297	262,005	255,339	243,991	243,430	253,601	259,904	265,062	269,675	366,653	271,955	276,098	273,531	312,381	299,450	345,392	310,912	312,104	326,034	292,406	256,669	265,504	266,322	277,313	277,657	288,893	294,665	303,257	301,277	319,772	336,525	354,333	322,835	326,603	321,430	326,833	234,626	52,485
Interest Income	119,770	126,055	125,660	191,412	112,334	114,576	113,999	118,151	116,520	119,185	120,367	149,393	135,673	125,037	3,430	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Minority Interest	-258,594	-96,845	-23,728	-60,417	-218,557	11,346,549	11,224,720	11,263,573	11,488,980	11,512,805	11,704,624	11,998,021	11,987,144	12,131,799	13,049,816	13,188,572	13,178,467	12,832,516	12,895,665	28,115	195,023	12,472,482	12,658,836	12,762,392	214,574	74,867	34,558	184,069	14,731	122,809	52,634	232,374	84,547	-	101,534	28,932	267,325	-	158,801	56,491	139,042	-	-
Net Income	1,461,636	864,030	38,726	122,540	1,234,916	706,958	114,599	7,798	831,308	-94,860	-339,532	512,408	33,343	83,730	139,421	121,555	398,802	66,193	12,518	26,905	164,815	10,677	-43,624	-176,616	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income Applicable To Common Shares	1,461,636	864,030	38,726	122,540	1,234,916	706,958	114,599	7,798	831,308	-94,860	-339,532	512,408	33,343	83,730	139,421	121,555	398,802	66,193	12,518	26,905	164,815	10,677	-43,624	-176,616	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Income From Continuing Ops	1,720,230	960,875	62,454	182,957	1,453,473	879,879	234,945	-181,886	950,937	-163,230	-408,115	560,269	21,304	209,367	291,883	287,782	948,106	136,463	-8,295	55,020	359,838	-23,502	-83,844	-361,572	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net Interest Income	-145,552	-139,334	-141,326	-83,367	-153,950	-152,721	-148,006	-137,188	-127,471	-124,245	-133,234	-110,511	-129,389	-144,638	-363,223	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating Income	601,917	328,368	213,808	266,616	597,144	509,789	412,327	-196,342	392,863	50,181	30,795	230,420	127,476	371,096	628,680	556,125	1,278,297	351,678	314,910	368,526	749,444	291,347	296,539	-75,626	680,397	407,647	405,557	617,108	309,338	488,856	430,851	718,669	478,325	319,951	554,488	331,116	791,999	416,742	387,217	380,689	407,032	123,133	-
Other Operating Expenses	-	-	-	-	390,960	390,960	390,960	390,960	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Reconciled Depreciation	521,694	522,388	518,438	526,844	527,297	521,242	516,648	523,894	522,648	517,961	517,539	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling General Administrative	122,076	128,683	114,742	142,569	109,885	127,405	114,570	120,611	100,404	101,072	105,588	111,716	110,352	112,406	107,862	157,040	118,861	124,859	109,114	125,586	108,881	75,788	103,954	486,289	94,869	93,536	95,153	90,528	77,161	90,817	86,057	85,246	87,454	78,654	93,116	131,826	96,851	89,449	91,705	84,853	65,113	45,567	442
Tax Provision	23,499	17,621	9,044	11,172	26,109	15,960	7,941	-9,383	5,454	-5,975	-6,008	1,039	-3,918	6,276	8,881	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Operating Expenses	2,684,552	2,125,094	2,125,563	1,896,511	1,724,936	1,669,781	1,573,169	1,530,573	1,620,240	1,660,759	1,605,986	1,727,011	1,715,745	1,805,803	1,770,655	1,773,174	1,698,677	1,628,188	1,513,751	1,527,923	1,548,594	1,085,164	1,062,342	1,505,236	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Other Income Expense Net	1,287,364	789,462	-984	10,879	1,036,388	538,771	-21,435	142,261	690,999	-95,141	-311,684	441,399	19,299	-10,815	35,307	-258,289	-300,051	-210,574	-323,180	-311,034	-377,109	-314,170	-379,702	-281,125	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenue	3,286,469	2,453,462	2,339,371	2,163,127	2,322,080	2,179,570	1,985,496	1,334,231	2,013,103	1,710,940	1,636,781	1,957,431	1,843,221	2,176,899	2,399,335	2,329,300	2,976,974	1,979,866	1,828,661	1,896,450	2,298,038	1,376,511	1,358,881	1,429,610	1,816,037	1,554,570	1,558,966	1,963,985	1,507,811	1,676,469	1,660,553	1,984,685	1,729,735	1,547,806	1,765,140	1,585,668	1,996,718	1,030,539	1,018,518	1,045,193	1,010,094	492,301	-

Latest Income Statement (annual, 2021-12-31)

Gross Profit (+$)
totalRevenue	8,505,164
Cost of Revenue	-6,520,005
Gross Profit	1,985,159	1,985,159

Operating Income (+$)
Gross Profit	1,985,159
Operating Expense	-6,721,855
Operating Income	1,783,309	-4,736,696

Operating Expense (+$)
Research Development	-
Selling General Administrative	494,429
Selling And Marketing Expenses	-
Operating Expense	6,721,855	494,429

Net Interest Income (+$)
Interest Income	532,321
Interest Expense	-1,070,364
Net Interest Income	-538,044	-538,044

Pretax Income (+$)
Operating Income	1,783,309
Net Interest Income	-538,044
Other Non-Operating Income Expenses	-
Income Before Tax (EBT)	2,812,435	216,139 EBIT - interestExpense = 1,249,864 2,240,195 3,249,377
Interest Expense	1,070,364
Earnings Before Interest and Taxes (ebit)	2,320,228	3,882,800
Earnings Before Interest and Taxes (ebitda)	5,974,830

After tax Income (+$)
Income Before Tax	2,812,435
Tax Provision	-61,182
Net Income From Continuing Ops	2,751,254	2,751,254
Net Income	2,179,013
Net Income Applicable To Common Shares	2,179,013

Non-recurring Events
Discontinued Operations	-
Extraordinary Items	-
Effect of Accounting Charges	-
Other Items	-
Non Recurring	-
Other Operating Expenses	-
Total Other Income/Expenses Net	1,567,170	538,044