on equity3 (%) 18.0% 11.8% Payable days (days) 157 186 Efficiency Ratios Leverage Ratios Return on assets4 (%) 16.4% 10.3% Liability to Equity (times) 0.5 0.5 Return on fixed assets5 (%) 79.4% 50.3
period7 (days) 94 108 Return on equity3 (%) 10.5% -6.7% Payable days (days) 143 152 Efficiency Ratios Efficiency Ratios Return on assets4 (%) 9.1% -6.1% Liability to Equity (times) 1.1 1.2 Return on fixed
Return on equity (%) 7.3% -13.3% Payable days (days) 143 173 Efficiency Ratios Efficiency Ratios Return on assets (%) 6.5% -9.8% Liability to Equity (times) 1.1 1.4 Return on fixed assets (%) 36.6% -71.8
net profit. For the liquidity analysis, current ratio decreased to 0.37 times because of decreasing in cash on hand and increasing in payable for purchase of fixed assets. Debt to equity ratio was at
liquidity analysis, current ratio decreased to 0.44 times because of decrease in cash on hand and increase in payable for purchase of fixed assets. Debt to equity ratio was at 0.97 times in-line with
market falling, while REITs still provide attractive returns, meanwhile, equity fund, fixed income fund and balanced fund declined. Analysis of the Operating Results The operating results of Land and
2020, total net asset value of mutual funds was Baht 4.7 trillion, decreased from Baht 4.8 trillion in the previous quarter. Declining funds included equity fund, fixed income fund, mixed fund and fund
22.2%. The decrease was mainly due to the transfer of cost of property development to movable investment property, which is fixed assets. (2) Debt to Equity Ratio The Company has debt to equity ratio as
market funds that invest domestically only Money market funds that partly invest overseas Government bond funds Fixed income funds Mixed funds Equity funds Sector funds Alternative funds Infrastructure