Ratio (Times) 1.32 0.78 Account Receivable Turnover Ratio (Times) 8.74 7.81 Average Collection Period (Days) 41 46 Inventory Turnover Period (Days) 16 19 Average Payable Period (Days) 21 17 Cash Cycle

Ratio (Times) 0.74 0.65 Cash flow Liquidity Ratio (Times) 0.80 0.78 Account Receivable Turnover Ratio (Times) 8.43 7.81 Average Collection Period (Days) 43 46 Inventory Turnover Period (Days) 17 19

Ratio (Times) 0.63 0.65 Cash flow Liquidity Ratio (Times) 0.57 0.78 Account Receivable Turnover Ratio (Times) 8.58 7.81 Average Collection Period (Days) 42 46 Inventory Turnover Period (Days) 20 19

Return on equity (%) – trailing 53.0 50.2 53.0 50.2 Return on assets (%) – trailing 16.8 17.9 16.8 17.9 Efficiency Ratios Number of days of inventory 38 40 38 38 Collection period (days) 44 45 44 53

of days of inventory 36 32 Collection period (days) 49 43 Accounts payable (days) 50 43 Profitability Ratios Gross profit margin (%) 35.4 34.8 EBITDA margin (%) 20.8 21.0 Net profit margin for the

ratio (times) 1.7 2.1 1.7 2.1 Number of days of inventory 48 30 41 32 Collection period (days) 53 43 49 43 Accounts payable (days) 57 42 50 42 Profitability Ratios Gross profit margin (%) 33.6 35.3 34.5

Collection Period (Days) 37 37 Inventory Turnover Period (Days) 21 19 Average Payable Period (Days) 19 16 Cash Cycle (Days) 39 40 Total Debt to Equity Ratio (Times) 0.43 0.47 Interest Coverage Ratio (Times

2018 due to slowdown in Thailand economy. Meanwhile, imports of Hot Rolled Steel increased by 2% to 4.04 MT due to strengthening of THB and the effect of termination of enforcement of Safeguard Measure

manner of price-dumping and unfair trade and finally will lead to the enforcement of Anti-Dumping or Safeguard measures. The world steel production capacity utilization ratio of the 67 countries in

thousand tons, decreased by 117 thousand tons or 31% YoY which affected from final resolution by the Trade Interests and Remedies Committee to get no extension of the safeguard measures for imported hot