and David Dodd in 1934 • Finding price-intrinsic value discrepancies in the market • Various price-based ratios and future stock returns ⋄ Earnings-to-price ratio (Basu, 1977) ⋄ Dividend-to-price ratio
investment in subsidiary 8 - - Other income 52,184 17,817 66% Total income 4,993,813 9,039,512 -81% Expenses Cost of sale - Cost of goods sold 3, 4 4,636,652 8,758,030 -89% - Idle cost 247,215 - 100% - Loss on
% Other income 9 40 (359%) Total income 8,746 8,291 5% Expenses Cost of sale - Cost of goods sold 7,549 5,668 25% - Idle cost 67 - 100% - Loss on devaluation of inventories (Reversal) 5 46 (840%) Total cost
%) - Cost of goods sold 7,713 5,627 27% - Idle cost 125 134 (7%) - Loss on devaluation of inventories (Reversal) 45 77 (73%) Total cost of sale 7,882 5,838 26% Cost of services - Tolling - - Selling expenses
income 9,040 7,718 15% Expenses Cost of sale - Cost of goods sold 8,758 7,085 19% - Idle cost - - - Loss on devaluation of inventories (Reversal) 40 (122) 406% Total cost of sale 8,798 6,963 21% Cost of
, respectively). Revenue from sales and services increased comparing with last year due to the increase of sale volume and selling price. Unit : million Baht Q 4/2018 Q 4/2017 Group Revenues 29,966 25,705 Group
sold 3,684,363 7,549,072 (105%) - Idle cost 453,231 67,098 85% - Loss on devaluation of inventories (Reversal of) (84,820) 4,850 106% Total Cost of sale 4,052,774 7,621,020 (88%) Cost of services
of goods sold 7,085 5,248 35% - Idle cost - 72 -100% - Loss on devaluation of inventories (Reversal) (122) (32) 279% Total cost of sale 6,963 5,288 32% Selling expenses 153 114 34% Administrative
18,225,267,129 29,635,851,220 -63% - Idle cost 1,031,503,026 400,183,219 61% - Loss on devaluation of inventories (Reversal of) 20,966,163 159,314,204 -660% Total Cost of sale 19,277,736,318 30,195,348,643 -57
Price (Bht./Ton) 18,529 16,348 HRC Cash Margin (Bht./Ton) 1,848 2,427 Unit: million Baht 2017 2016 Gr ou p Total Assets 32,437 32,615 Total Liabilities 20,059 21,747 Total Equity 1,364 10,868 Average