Development (Cont’) • The optimal debt level leads to the higher stock price. The LEV variable defines as the ratio of total debt to total asset. The expectation on its relationship with TOBINQ is positive as

their turnover ratio with totally 169 companies are selected. The OLS model could be threaten by autocorrelation so the TSLS is implemented for final prediction. The outcomes of the study is very

utilized or have not reached the optimal level yet. Therefore, cost per unit was higher at this point, which might continue to impact the Company’s operating performance in the short term, or for the next 2

cannot generate revenue immediately; some investments are not fully utilized or have not reached an optimal level yet; and some projects are delayed. Thus, costs per unit climbed up at this point; 4

activities in 2018, as did the year 2017. The optimal capital structure The Company had Debt to Equity ratio 0.13:1 times, higher than that of 2017, 0.11:1 times, indicating low relative proportion of debt and

4.57 Debt to Equity ratio Times 0.11:1 0.16:1 Return On Equity % 4.85 4.34 4 /8 ( ) Union Textile Industries Public Company Limited : 205 4 . 39.5 10280 . 0 2323 1085..96 : 0 2323 9283 Office & Factory

million, down 14% YoY  Sales ratio of Brand: CMG was 48:52, compared with 45:55 in Q1/2017. Sales Breakdown by Geography:  Domestic: Baht 978 million, up 12% YoY  Export: Baht 383 million, down 41% YoY

วิธีการคำนวณอัตราส่วนทางการเงิน (key financial ratio) แบ่งตามประเภทธุรกิจ (แนบท้ายประกาศ ทจ. 21/2565)

วิธีการคำนวณอัตราส่วนทางการเงิน (key financial ratio) แบ่งตามประเภทธุรกิจ (แนบท้ายประกาศ ทจ. 14/2567)

-bearing debt and net gearing ratio afterwards. Nevertheless, the Company determines to maintain an optimal capital structure by lowering leverage level which will ultimately reduce debt ratio. Unit: THB