| Statement of Financial Position (Million Baht) | 2021 | 2022 | 2023 |
|---|---|---|---|
| Total Assets | 38,947 | 41,593 | 42,973 |
| Cash under Management (4) | 11,483 | 10,060 | 8,245 |
| Other Current Assets | 7,279 | 7,963 | 8,991 |
| Tangible Assets (5) | 15,481 | 15,527 | 15,983 |
| Other Non-Current Assets | 4,704 | 8,043 | 9,754 |
| Total Liabilities | 14,547 | 13,867 | 14,683 |
| Interest Bearing Debt (6) | 10,705 | 9,613 | 9,804 |
| Other Liabilities | 3,842 | 4,253 | 4,879 |
| Total Shareholders' Equity | 24,400 | 27,726 | 28,290 |
| Key Financial Ratio | 2021 | 2022 | 2023 |
|---|---|---|---|
| Gross Margin(%) | 31.7 | 29.9 | 24.4 |
| EBITDA Margin (7) (%) | 24.7 | 22.7 | 15.4 |
| Net Profit Margin (to TTA) (%) | 17.4 | 11.1 | 5.1 |
| Net Profit Margin (%) | 16.7 | 11.1 | 5.5 |
| Return on Assets (%) | 10.5 | 8.1 | 3.1 |
| Return on Equity (to TTA) (%) | 20.6 | 14.3 | 4.9 |
| Current Ratio (Times) | 2.83 | 2.13 | 2.50 |
| Debt to Equity Ratio (Times) | 0.60 | 0.50 | 0.52 |
| Interest-Bearing Debt to Equity (8) | 0.44 | 0.35 | 0.35 |
| Net Interest-Bearing Debt to Equity (9),(10) (Times) | (0.04) | (0.06) | 0.01 |
| EPS and Dividend Payment | 2021 | 2022 | 2023 |
|---|---|---|---|
| Earnings per Share (Baht) | 2.1 | 1.8 | 0.7 |
| Dividend per Share (Baht) | 0.22 | 0.22 | 0.18(11) |
| Number of Shares (Million Shares)* | 1,822.5 | 1,822.5 | 1,822 |
*As the end of period
Note
- (1) EBITDA = Earnings before interest, tax, depreciation, and amortization (excluding non-recurring items)
- (2) Including holding and elimination
- (3) Normalized net profits/ (losses) to TTA = Net profits/ (losses) to TTA – non-recurring items
- (4) Cash, cash equivalents, and other current financial assets
- (5) Property, plant, equipment, and investment properties
- (6) Including lease liabilities
- (7) Including amortization of vessel drydocking but excluding depreciation and other amortization
- (8) Interest-bearing debt to equity = Interest bearing debt including lease liabilities / Total shareholder’s equity
- (9) Financial Covenant for TTA252A TTA265A TTA160A and TTA281A Debentures, of which threshold is 2.0 times.
- (10) Net interest-bearing debt to equity = (Interest bearing debt excluding lease liabilities – cash and cash equivalents – other current financial assets)/ Total shareholder’s equity
- (11) Subject to the approval of shareholders at the 1/2024 AGM on 26 April 2024
