company has a debt to equity ratio of 2.59 times while the ratio of debt bearing interest to equity is 1.95 times. Please be informed accordingly. Management Discussion and Analysis Q2/2020 Page 6/6 Yours

and also maintained the gross profit margin in nearly same level of year on year, led to operating profit growth. For the Company’s financial position, the Company still had current ratio 1.45 times and

previous year. As of 30th June 2020, the Company had a Debt to Equity ratio of 1.92 times, an Interest Bearing Debt to Equity ratio of 1.55 times. Net profit The Company's net profit for the three-month

Company still had current ratio 1.34 times and debt to equity ratio 0.38 times, shown that its sufficient liquidity and strong financial position. Please be informed accordingly, Yours Sincerely, DOD

payment and net profit(loss) during the year. Financial Ratio Financial Ratio As of December 31, 2019 As of September 30, 2020 Liquidity Ratio (times) 23.97 20.92 Debt to Equity Ratio (times) 0.04 0.07

bearing debts to equity (IBD/Equity) ratio has also been improving steadily from 1.28 times in Q3 2020 to 0.98 times at Q3 2021. 4) Thailand Automotive Industry (Unit: Cars) Quarter 3 January – September

) ratio improved to 0.8 times as at Q1 2022; improved from 1.1 times in Q1 2021. 4) Thailand Automotive Industry (Unit: Cars) Quarter 1 Change 2022 2021 Unit %Change Production 480,078 465,833 14,245 3.1

in line with improved profitability. Interest bearing debts to equity (IBD/Equity) ratio improved to 0.7 times as at Q1 2023 from 0.8 times as at Q1 2022. 4) Thailand Automotive Industry (Unit: Cars

ratio of 13.3 times as compared to 17.8 times in 2016. The interest bearing debt to equity ratio was 8.9 times compare to 13.1 times in 2016. This was mainly due to the decrease in net loans while the

Debt to equity(x) 0.3 0.5 0.3 Interest bearing debt to equity(x) 0.2 0.3 0.2 Interest bearing debt to EBITDA(เทา่) 2.3 1.9 2.1 Notes : Current Ratio(Times) = Current assets divided by current liabilities