Page 115 - 56-1 One Report 2022 EN

Part 1 Business Operation and Operating Performance

Thaicom Public Company Limited
Financial ratios

Consolidated financial statement 2021 2020 2019
Liquidity Ratio
Current ratio 4.00 5.66 2.70
Quick ratio 3.77 4.66 2.33
Liquidity of cash flow from operation 1.22 0.50 0.70
Accounts receivable turnover 2.04 2.05 2.33
Average collection period (days) 176 176 154
Accounts receivable turnover excl. Indian customers 7 2.05 2.33
Average collection period excl. Indian customers (days) 53 176 154
inventory turnover rate 96.87 11.86 5.06
Average number of days sales (days) 4 30 71
Account payable turnover 12.13 14.61 11.32
Payment days 29.67 24.64 32
Cash cycle (days) 150 181 194
Profitability Ratio
Gross profit margin (%) 48.74 28.86 27.51
Operating profit margin (%) 7.77 2.09 (0.21)
Other income margin (%) 0.99 8.46 18.65
Return on total income (%) 505.83 239.20 266.70
Net profit margin (%) 1.44 4.35 14.45
Return on equity (%) 0.39 1.28 4.62
Efficiency Ratio
Return on assets (%) 0.28 0.90 3.05
Return on fix assets (%) 16.18 30.95 40.61
Assets turnover 0.20 0.23 0.26
Financial Policy Ratio
Interest bearing debt - equity ratio 0.08 0.11 0.33
Debt-equity ratio 0.41 0.38 0.48
Time interest earned 19.05 9.58 11.01
Leverage ratio 1.85 0.40 2.26
Payout ratio (%) 778.99 152.62 42.67
Per Share Data
Book value per share (Baht) 9.63 10.15 10.26
Earnings per share (Baht) 0.04 0.13 0.47
Dividend per share (Baht) 0.50 0.30 0.20

Part 1 Page 101