Limited Financial Ratio For the quarter ended 31 March 2020 2019 Current Ratio (times) 0.76 1.51 Average Collection Period (days) 75.61 65.01 Average Inventory Period (days) 14.21 14.15 Average Payables

Current liabilities 12,514 13,732 1,218 Non-current liabilities 27,571 29,774 2,203 Total liabilities 40,085 43,506 3,421 Total equity 27,596 28,624 1,028 Gearing ratio (times) 0.98x 1.03x Net gearing ratio

Margin (%) 34.2% 7.8% 27.5% D/E Ratio (times) 1.6 1.6 1.6 Net IBD to Equity (times) 1.2 1.3 1.3 Please be informed accordingly. Sincerely yours, WHA Corporation Public Company Limited (Mr. Krailuck

interest-bearing debt to equity is robust at 0.46 times. December 31, 2019 June 30, 2020 Change (THB million) (THB million) (THB million) % Cash and cash equivalents 3,591.6 2,779.1 (812.5) (22.6%) Total

to the Company 6,458.81 6,248.00 3.37% Non-controlling interests 716.37 730.27 -1.90% Financial Ratio For the period ended 30 June 2020 2019 Current Ratio (times) 0.61 1.65 Average Collection Period

government. In terms of sales channel management, during normal times prior to the outbreak of COVID-19, branches in shopping malls are considered as the main sales channel of the Group, accounting for

equity is 0.42 times. December 31, 2019 March 31, 2020 Change (THB million) (THB million) (THB million) % Cash and cash equivalents 3,591.6 3,543.1 (48.5) (1.4%) Total current assets 5,126.6 5,635.2 508.6

of Q1/2020, the Company has an interest bearing debt to equity ratio equal to 2.65 times, slightly increased from the end of the year 2019 which is equal to 2.50 times. The effects of the outbreak

TFRS 16 impact) was 2.1 times, and net interest-bearing debt to equity ratio (excluded TFRS 16 impact) was at 0.8 times. Business outlook The Company aspires to grow revenue and profit sustainability in

times as at Q4 2022 from 0.9 times as at Q4 2021. 5) Thailand Automotive Industry (Unit: Cars) Quarter 4 January – December 2022 2021 % Change 2022 2021 % Change Production 519,478 473,759 9.7% 1,883,515