1Q14 2Q14 3Q14 4Q14 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 3Q19
Operationg Results
Revenues from sales 4,516.0 4,238.2 4,255.8 4,871.3 4,987.8 4,469.8 4,379.3 4,962.8 5,191.9 4,771.3 4,640.9 4,844.0 5,166.7 4,702.3 4,783.1 5,162.3 5,608.5 5,056.5 5,215.6 5,382.3 5,511.9 5,087.7 4,847.7
Total revenues 1) 4,650.2 4,361.9 4,395.5 4,993.0 5,168.7 4,550.1 4,553.1 5,021.5 5,330.6 4,868.5 4,743.1 4,964.1 5,345.7 4,799.3 4,880.1 5,320.4 5,741.3 5,191.1 5,321.6 5,514.2 5,643.0 5,225.6 4,964.7
Gross profit 2,655.8 2,245.1 2,317.2 2,807.0 2,987.6 2,485.8 2,423.3 2,825.3 3,111.1 2,632.3 2,545.3 2,739.1 3,075.3 2,617.6 2,693.8 2,928.8 3,360.2 2,795.4 2,939.8 3,008.9 3,255.0 2,792.3 2,631.4
EBITDA 1,196.0 662.7 745.5 1,086.5 1,508.5 865.4 874.0 1,049.1 1,483.4 902.7 939.4 1,082.0 1,491.0 889.1 1,024.7 1,174.3 1,587.6 1,003.2 1,113.8 1,199.3 1,497.6 906.7 800.4
Core Net profit (loss) 2) 501.9 41.6 168.0 409.7 833.8 246.2 293.6 392.1 757.7 322.4 296.6 449.3 747.1 398.3 368.5 506.5 883.0 371.7 441.7 485.0 745.3 290.5 215.0
Net profit 501.9 41.6 168.0 477.0 833.8 246.2 293.6 289.9 757.7 354.0 321.9 415.9 783.0 398.3 368.5 441.6 883.0 371.7 441.7 481.1 825.9 232.4 215.0
Financial Position 31-Mar-14 30-Jun-14 30-Sep-14 31-Dec-14 31-Mar-15 30-Jun-15 30-Sep-15 31-Dec-15 31-Mar-16 30-Jun-16 30-Sep-16 31-Dec-16 31-Mar-17 30-Jun-17 30-Sep-17 31-Dec-17 31-Mar-18 30-Jun-18 30-Sep-18 31-Dec-18 31-Mar-19 30-Jun-19 30-Sep-19
Total assets 28,540.5 27,899.8 27,785.4 24,769.9 28,255.4 27,761.0 27,993.9 24,443.5 24,713.3 24,489.7 24,230.8 24,396.8 24,974.3 23,799.7 24,073.2 25,037.3 25,509.6 25,099.6 25,578.4 26,447.4 27,068.6 26,093.2 26,450.7
Total liabilities 16,914.4 16,849.2 16,580.6 16,038.4 15,689.6 15,549.0 15,494.3 14,522.7 13,964.8 14,081.1 13,550.5 13,279.5 13,303.5 12,516.4 12,453.5 12,978.9 12,592.1 12,545.0 12,664.3 13,027.8 12,806.6 12,566.7 12,745.2
Interest bearing debts 10,756.0 10,617.0 10,290.0 10,256.2 9,212.0 9,190.0 9,048.1 8,699.0 8,311.0 8,589.6 8,117.9 7,767.0 7,851.0 7,135.1 7,767.6 6,965.2 6,839.1 6,884.5 6,965.6 7,075.8 6,977.6 6,970.0 7,215.5
Shareholders' equity 11,626.1 11,050.6 11,204.7 8,731.5 12,565.8 12,211.9 12,499.5 9,920.8 10,748.5 10,408.6 10,680.3 11,117.3 11,670.8 11,283.3 11,619.6 12,058.4 12,917.5 12,554.6 12,914.7 13,419.7 14,262.0 13,526.5 13,705.5
Retained earnings 3) 5,409.0 4,910.7 5,078.6 5,626.0 6,459.9 6,166.1 6,459.7 6,677.6 7,468.7 7,147.9 7,469.8 7,852.3 8,635.3 8,291.8 8,659.6 9,101.2 9,984.2 9,546.0 9,987.7 10,451.3 11,277.2 10,632.2 10,847.2
Weighted Average Number of ordinary shares (million shares) 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0 1,350.0
Key Financial Ratios
Core Net profit margin (%) 10.8% 1.0% 3.8% 8.2% 16.1% 5.4% 6.4% 7.8% 14.2% 6.6% 6.3% 9.1% 14.1% 8.3% 7.6% 9.5% 15.4% 7.2% 8.3% 8.8% 13.2% 5.6% 4.3%
Return on assets (%) 4) 4.2% 3.8% 3.7% 4.5% 5.1% 6.0% 6.4% 7.2% 6.8% 7.2% 7.3% 7.5% 7.3% 7.9% 8.2% 8.1% 8.5% 8.5% 8.6% 8.2% 7.6% 7.5% 6.6%
Return on equity (%)3), 4) 10.4% 9.5% 9.2% 12.8% 11.6% 13.6% 14.3% 17.8% 15.7% 17.0% 16.6% 16.4% 15.6% 16.8% 16.9% 16.8% 16.7% 17.0% 17.1% 16.3% 14.3% 14.5% 12.7%
Interest bearing debts / Equity (times) 0.93 0.96 0.92 1.17 0.73 0.75 0.72 0.88 0.77 0.83 0.76 0.70 0.67 0.63 0.67 0.58 0.53 0.55 0.54 0.53 0.49 0.52 0.53
Total liabilities / Equity (times) 1.45 1.52 1.48 1.84 1.25 1.27 1.24 1.46 1.30 1.35 1.27 1.19 1.14 1.11 1.07 1.08 0.97 1.00 0.98 0.97 0.90 0.93 0.93
Core Earnings (loss) per share (Baht) 0.37 0.03 0.12 0.30 0.62 0.18 0.22 0.29 0.56 0.24 0.22 0.33 0.55 0.30 0.27 0.38 0.65 0.28 0.33 0.36 0.55 0.22 0.16
Earnings (loss) per share (Baht) 0.37 0.03 0.12 0.35 0.62 0.18 0.22 0.21 0.56 0.26 0.24 0.31 0.58 0.30 0.27 0.33 0.65 0.28 0.33 0.36 0.61 0.17 0.16

Noted:

  1. Total revenue included amortization of deferred rental income from property fund and insurance claim 1Q17 Total revenue included insurance cliam from flood damanges in total of Bt35.9mn
  2. Excluded non-recuring items
    2Q19 Core net profit after tax excluded provison of long term emplyee benefits of Bt58.1 million
    1Q19 Core net profit after tax excluded insurance claim net of tax Bt80.6mn
    4Q17 Core net profit after tax excluded Equity loss from property fund in total of Bt64.9mn
    4Q16 Core net profit after tax excluded Equity loss from property fund in total of Bt33.4mn
    2Q16 Core net profit after tax excluded Equity gain from rental fee adjustment in total of Bt31.6mn
    4Q15 Core net profit after tax excluded Equity loss from property fund in total of Bt102.2mn
    4Q14 Core net profit after tax excluded Equity loss from property fund in total of Bt69.4mn, gain from business combinatin Bt103.1mn
  3. Retained earnings include appropriated retained earnings for legal reserve
  4. Annualized of core net profit after tax