Fiscal year ended 31 March
Consolidated (THB mn) 3Q 17/18 2Q 17/18 1Q 17/18 4Q 16/17 3Q 16/17
Total operating revenue 978 978 852 864 772
Cost of sales 385 387 356 357 330
Gross profit 593 591 496 507 442
EBITDA 372 444 352 345 248
EBIT 260 333 251 252 151
Net profit (loss) 181 202 175 193 126
Total assets 9,564 8,023 8,213 7,985 5,600
Total liabilities 3,765 4,585 4,918 4,880 2,095
Total shareholders' equity 5,799 3,438 3,295 3,105 3,506
Key Financial Ratios 3Q 17/18 2Q 17/18 1Q 17/18 4Q 16/17 3Q 16/17
Profitability Ratios (1)
Gross profit margin (%) 61% 60% 58% 59% 57%
EBITDA margin (%) 38% 45% 41% 40% 32%
EBIT margin (%) 27% 34% 29% 29% 20%
Net profit margin (%) 19% 20% 20% 22% 16%
ROE   (%) 24% 35% 35% 24% 40%
Liquidity Ratios
Current ratio (times) 1.9X 0.9X 0.8X 0.9X 0.9X
Efficiency Ratios
ROA (%) 9% 9% 8% 12% 12%
Asset turnover (times) 0.4X 0.4X 0.4X 0.5X 0.5X
Leverage Ratios
Liability to equity (times) 0.6X 1.3X 1.5X 1.6X 1.6X
Debt to equity (times) 0.4X 0.8X 0.9X 1.0X 1.0X
(1) Calculated using total operating revenue
Remark:
  • On 14 December 2017, the Company issued newly ordinary shares of 340mn shares as a result total share increased to 7,204mn shares as well as share premium, which increased by THB 1,978mn.
  • The Company didn’t restate the statement of financial position in 2016/17 on quarterly basis after the consolidation of Rabbit Group under the common control basis, hence the ratios were calculated from the previous year-end figures.
 
Fiscal year ended 31 March
Consolidated (THB mn) 2016/17 2015/16**
(Restated)
2014/15*
Total operating revenue 3,052 2,341 2,963
Cost of sales 1,269 881 1,325
Gross profit 1,783 1,461 1,638
EBITDA 1,356 1,391 1,225
EBIT 1,010 1,154 1,065
Net profit (loss) 826 941 838
Total assets 7,985 5,563 3,286
Total liabilities 4,880 1,728 1,457
Total shareholders' equity 3,105 3,835 1,829
Key Financial Ratios 2016/17 2015/16**
(Restated)
2014/15*
Profitability Ratios(1)      
Gross profit margin (%) 58% 62% 55%
EBITDA margin (%) 44% 59% 41%
EBIT margin (%) 33% 49% 36%
Net profit margin (%) 27% 40% 28%
ROE  (%) 24% 32% 44%
Liquidity Ratios
Current ratio (times) 0.9X 1.8X 0.7X
Efficiency Ratios
ROA  (%) 12% 19% 28%
Asset turnover (times) 0.5X 0.5X 1.0X
Leverage Ratios
Liability to equity (times) 1.6X 0.5X 0.8X
Debt to equity (times) 1.0X 0.1X 0.3X
(1) Calculated using total operating revenue
(2) The total dividend payment from 2015/16 operations was THB 755mn (the dividend payment from 2nd half of 2015/16 operation is subject to the resolution of Annual General Meeting, which will be held on 5 July 2015).
* Provision of initial damages incurred from terminating the agreement with Big C of THB 215mn (before tax) has been set aside in 4Q 14/15
** The Company restated 2015/16 financial performance after the consolidation of Rabbit Group under the common control basis.