million, but there was an increase in short-term loan of Baht 44.36 million. (2.7) Financial Ratios Financial Ratios As at September 30, 2018 As at December 31, 2017 Current Ratio (Times) 1.36 1.30 Quick

million baht 1,247 1,247 1,247 ratios Key financial Liquidity ratios Current ratio times 3.09 3.14 3.31 Quick ratio times 2.35 2.47 2.67 Cash ratio times 0.37 0.45 0.68 Receivable turnover times 4.71 4.67

times (as at 31 December 2018 is 1.84 times) Panjawattana Plastic PCL. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang, Samutsakhon 74000 Registration No. 0107554000208 Tel. (66) 02-150-5988, (66) 0-3483-9130

was 0.30 times a little higher than the year 2018 having 0.27 times which showed that the proportion of debt is also low level, when comparing to the equity. Return on Equity (ROE) According to the

payment in May, as a result, the Debt to Equity ratio increased from 1.23 times to 1.50 times. Panjawattana Plastic PCL. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang, Samutsakhon 74000 Registration No

to 0.14 times and the liquidity ratio was at 2.03 times. - The shareholders’ equity stood at 1,611.32 million baht, increasing 223.70 million baht or 16.12 percent, compared to the figure reported for

result, the Debt to Equity ratio increased from 1.23 times to 1.45 times of last year. Panjawattana Plastic PCL. 28 Moo 2, Tumbol Chaimongkol, Amphur Muang, Samutsakhon 74000 Registration No. 0107554000208

year 2016 at 3.80 % in average. Debt to Equity Ratio In 2017, the Company had a ratio of debt to equity was 0.29 times a little higher than the year 2016 having 0.28 times which showed that the

million baht. Hence, the debt to equity ratio stood at 0.12 times and the current ratio was at 2.71 times.  The shareholder’s equity stood at 1,548.31 million baht, increasing by 1.81 million baht or 0.12

or 1.08% from the level seen as of December 31, 2018. The debt to equity ratio stood at 0.12 times and the current ratio was at 2.36 times. - The shareholders’ equity stood at 1,524.12 million baht