9.48 2. Liquidity quick ratio Time 1.18 1.85 1.47 3. Average debt collection time Day 51 51 53 4. Average debt repayment time Day 68 81 96 5. Average goods selling time Day 765 726 859 6. Fixed asset

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ratio is better because of reducing in total debt of the company. Please be inform accordingly, (Mr. Chaiyasit Samrittivanicha) Managing Director Ratio Analysis Gross Profit Margin (%) Net Profit Margin

baht and intense competition. Transaction For the Year ended 31st December Unit 2018 2017 Gross Profit Ratio % 14.58 15.60 Earnings Ratio % 3.15 4.88 Debt to Equity Ratio Time 0.27 0.29 Return on Equity

financial risk with the debt to equity ratio of 12.44 as calculated based on the separate financial statements of the Company as at March 31, 2017 (according to the consolidated financial statements of the

first quarter of 2019 equal to 316.9 million Baht or represent gross profit margin at 58.0%, decreases from the same period last year. However, if consider only the debt management business the gross

) the establishment of PVDs with investment in single type of asset (pure asset) will be permissible, providing however that the asset management company must monitor investment ratio through each fund

% Return on Assets (ROA) (%) 7.37% 6.53% Capital Structure and Debt Ratio Debt to Equity ratio (time) 0.99 0.92 Debt Service Coverage ratio (DSCR) (time) 2.47 2.25 Note: (1) Gross profit and Net profit were

V2 13/11/61 17:55 น. 0 V2 13/11/61 17:55 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in the Third Quarter of 2018 The Thai economy in the third

only 0.12, which is a result of the large amount of current liabilities being due in one year, but also is at high financial risk with the debt to equity ratio of 12.44 as calculated based on the