-use asset. 2.2 Liability analysis As at March 31, 2020, the Company has total liabilities at Baht 291.16 million which increased from as at December 31, 2019 by Baht 204.79 million or equivalent to

loss for the period amounting to 2.17 Million Baht. As at 30 June 2020, the Group’s Current ratio was 1.40 times which mean the company’s liquidity to payment on short-term liability was still high

repayment. 3. Recorded liability under lease agreement over 1 year in second quarter of 2020 increased by Baht 117.92 million (according to Thai Financial Reporting Standards TFRS 16 "Leases"). 4. Employee

Financial Reporting Standards No. 16 which effective since January 1, 2020. Moreover, trade and other payables increased by Baht 150.31 million, convertible debentures – liability component increased by Baht

. Total liabilities increased as a result of the share purchase agreement of KURON Co., Ltd. Since 3 March 2020 and deferred tax liability. Shareholders’ Equity As of 30 September 2020, shareholders’ equity

in supplier and contractor. 2. Long – term loan from financial institutions was Baht 756 million increased by Baht 50 million due to repayment. 3. Recorded liability under lease agreement over 1 year

the company’s liquidity to payment on short-term liability was still high. While Debt to Equity ratio of the Group and Interest Bearing Debt to Equity ratio was 0.86 times and 0.24 times, consequently

million. Total non-current assets decreased by 5% from the year ended 2018. • Total Liabilities As of 31 December 2019, the Company has total liability amounting to THB 2,194 million. Total current

at December 31, 2019 was 1.64 times, an increase from the end of year 2018, due to an increase in current assets of 3.25 percent and decrease in current liability of 7 percent and the quick ratio of

days (days) 100.8 149.1 Efficiency Ratios Leverage Ratios Return on assets4 (%) 12.2% 8.5% Liability to Equity7 (times) 1.6 1.5 Return on fixed assets5 (%) 75.8% 60.1% Debt to equity8 (times) 1.0 0.9