PRINCIPAL ASSET MANAGEMENT COMPANY LIMITED|Feeder Fund | Offering Date : 19/02/2018 - 27/02/2018

to the company managed the inventory level appropriately to reduce storage costs and reduce the burden of working capital. In addition, unbilled income for project work decreased by 33.82 million baht

debt to EBITDA of 1x and decent interest coverage ratio of 14x in FY20. Asset turnover: Inventory was well-managed with inventory days declined from 51 days to 44 days due to lower handset stock. Account

low net debt to EBITDA of 0.8x and decent interest coverage ratio of 16x. Asset turnover: Inventory was well-managed with inventory days declined from 44 days to 22 days due to lower handset stock

: Inventory was well-managed with inventory days increased from 22 days to 27 days due to increased stock handset after a supply shortage in FY21. Account payable days maintained at 73 days, stable from FY21

inventories value. It showed that the Company managed inventory appropriately. Liability As at December 31, 2018, total liabilities of the Company and its subsidiaries was THB 5,403. 47 million comprising of

showed that the Company managed inventory appropriately. Liability As at December 31, 2019, total liabilities of the Company and its subsidiaries was THB 5,205. 05 million comprising of current liabilities

managed inventory appropriately. Liability As at December 31, 2017, total liabilities of the Company and its subsidiaries was THB 5,204.58 million comprising of current liabilities of THB 2,975.28 million

year Baht 642. 53 million or 87. 40% due to the continuing high demand of new products launched in Q4/ 2020. Moreover, the Company was able to manage inventory to support customer demand by the high

insufficient inventory space. The cost per unit therefore increased significantly. Which the company has already built a factory to solve the said problem. However, the company could maintain the level of