expense was decreased because of the reduction of allowance of doubtful debt since the company had strictly control of debt collection. Financial Position Total Asset As of March 31, 2020, the company has
of financial Management Discussion and Analysis Q2/2020 Page 3/6 institutions which are directly related to the company in terms of purchasing non-performing debt. As a result of financial institutions
on Assets (%) 4.78 3.95 6.33 Return on Fixed Assets (%) 36.41 30.95 36.84 Asset Turnover (Times) 1.04 1.11 1.07 FINANCIAL POLICY RATIO Debt to Equity Ratio (Times) 0.26 0.27 0.27 Interest Coverage
(AFS) and general investment (GI) in equity securities are removed. - Classify the whole HTM debt securities to be financial asset measured at AMC. - Classify almost AFS debt securities to be financial
Period Day 96 76 62 5.Sales Inventory Period Day 466 272 233 6.Fixed Asset Turnover Times 1.98 2.01 2.20 7.Asset Turnover Times 0.40 0.58 0.84 8.Debt to Equity Ratio Times 0.11 0.15 0.43 9.Gross Profit
.Asset Turnover Times 0.49 0.40 0.58 8.Debt to Equity Ratio Times 0.10 0.11 0.15 9.Gross Profit Ratio % 34.6 35.2 37.9 10.Net Profit Ratio % 13.2 24.0 13.6 11.Return On Asset % 6.5 9.7 7.9 12.Return On
accounting for 14.4 percent of total revenue. This was due to the improved efficiency in debt collection and the management of non-performing debt of the Company has been trusted by financial institutions. The
2018 was a debenture for acquiring distress debt from financial institution. Net Profit The Company’s Net Profit in 2018 was 505.5 million Baht higher than 2017 of 109.4 million Baht or 27.6% increased
quality of debt acquired and efficient of collection team, the Company’s financial performance in 2017 reached to its highest in corporate history with net profit of 396.1 million Baht, increased at 36.4