payables, trade and others 368.07 17.38% 516.82 22.03% Income tax payable 6.64 0.31% 20.12 0.86% Other current liabilities 9.76 0.46% 8.56 0.37% Total current liabilities 440.19 20.78% 637.75 27.19% Non

% 55.72 2.63% Account payables, trade and others 4.85 0.26% 368.07 17.38% Income tax payable 3.85 0.20% 6.64 0.31% Other current liabilities 0.01 0.00% 9.76 0.46% Total current liabilities 261.68 13.80

(days) 64.13 66.10 Average Inventory Period (days) 14.67 14.07 Average Payables Period (days) 27.50 28.38 Debt to Equity (times) 1.21 1.01 Return on Assets (%) 12.23 13.48 Return on Equity (%) 19.15 19.88

amounted 19.0 million Baht. Table 7: Comparison Total Liabilities between year 2019 and 2018 (Baht 1,000) Items 2019 2018 ±% Current Liabilities: -Trade and other payables -Long-term loans from financial

other Current Payables which decreased by THB -40.1 Mn and (4) Trade and other Current Receivables which increased by THB 18.4 Mn. 8 Zen Corporation Group Public Company Limited 662 Soi Onnuch 17

which increased by THB 92.1 Mn (although this was mostly a result of new TFRS accounting standard), (2) Financial Cost which increased by THB 15.3 Mn (3) Trade and other Current Payables which decreased

increase in interest-bearing debts of Baht 981.03 million and trade and other current payables decreased of Baht 30.42 million resulting to the decrease in interest –bearing debts to equity ratio and debt to

Short term loans from banks 26.73 1.36% 55.72 2.63% Account payables, trade and others 300.68 15.33% 368.07 17.38% Long term loan due within one year 4.50 0.23% - - Lease payable due within one year 3.21

Baht in comparison to other foreign currencies, leading to most gains being generated from conversions of loans and account payables in foreign currencies of the Company. 6. Share of profit from

-current assets 632.34 27.93% 631.50 26.92% TOTAL ASSETS 2,263.85 100.00% 2,345.53 100.00% LIABILITIES Current liabilities Short term loans from banks 60.49 2.67% 92.25 3.93% Account payables, trade and