Consolidated Income Statement
Figures in THBmn
| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Operating Revenue | 8,810 | 9,597 | 10,342 |
| Gross profit | 3,687 | 4,320 | 4,591 |
| Selling and Admin. Exp (SGA) | 2,674 | 2,965 | 3,243 |
| SGA (% to revenue) | 30.4% | 30.9% | 31.4% |
| EBITDA | 1,107 | 1,479 | 1,595 |
| EBITDA (% to revenue) | 12.6% | 15.4% | 15.4% |
| EBIT | 955 | 1,324 | 1,443 |
| Net Profit | 795 | 1,113 | 1,206 |
| Add: Net outflows from new projects | 15 | 26 | 28 |
| Normalized net profits | 810 | 1,139 | 1,234 |
| Net profit (% to revenue) | 9.0% | 11.6% | 11.7% |
| EPS (THB) | 0.92 | 1.29 | 1.39 |
| Return on equity | 17.6% | 22.4% | 22.0% |
| Net cash from operations | 1,250 | 927 | 919 |
| Cash cycle (days) | 121 | 123 | 135 |
Revenue by segments (THBmn)
| 2016 | 2017 | 2018 | |
|---|---|---|---|
| Mega We Care Business | 4,251 | 5,078 | 5,417 |
| Maxxcare Business | 4,160 | 4,053 | 4,642 |
| OEM | 399 | 467 | 283 |
Consolidated Balance Sheet
All figures in THBmn
| Dec’16 | Dec’17 | Dec’18 | |
|---|---|---|---|
| Cash and bank balances1 | 1,217 | 1,174 | 1,134 |
| Trade accounts receivable | 2,233 | 2,520 | 2,521 |
| Inventories | 1,889 | 2,219 | 2,586 |
| Property, plant and equipment3 | 1,152 | 1,221 | 1,460 |
| Intangible asset2 | 736 | 734 | 1,019 |
| Other Assets | 714 | 852 | 913 |
| Total Assets | 7,941 | 8,720 | 9,633 |
| Debt | 670 | 512 | 960 |
| Trade Payables | 1,519 | 1,598 | 1,691 |
| Other Liabilityies | 1,073 | 1,365 | 1,258 |
| Total Outside Liabilities | 3,261 | 3,475 | 3,908 |
| Shareholder Equity | 4,680 | 5,244 | 5,724 |
| Total Liabilities and Equity | 7,941 | 8,720 | 9,633 |
Key Balance Sheet elements
All figures in THBmn
| Dec’16 | Dec’17 | Dec’18 | |
|---|---|---|---|
| Net cash/(debt) | 547 | 662 | 174 |
| Net investment capex4 | 1,016 | 307 | 769 |
| Net debt/Equity (times) | (0.12) | (0.13) | (0.03) |
1Cash and bank balances as at balance sheet dates include non -
restricted
term deposits with banks.
2 Intangible assets includes goodwill arising from acquisition of Bio-Life Marketing Sdn. Bhd., a company based out of Malaysia.
3 Property, plant and equipment includes assets classified as investment property in audited financial statement.
4Net investment capex includes investment in property plant and equipments, business acquisitions and investment in joint ventures and associates.
2 Intangible assets includes goodwill arising from acquisition of Bio-Life Marketing Sdn. Bhd., a company based out of Malaysia.
3 Property, plant and equipment includes assets classified as investment property in audited financial statement.
4Net investment capex includes investment in property plant and equipments, business acquisitions and investment in joint ventures and associates.
