Page 55 - Annual Report English 2018

Tycoons Worldwide Group (Thailand) Plc.

12.3 Financial ratios

Consolidated Separate
Ratios
2018 2017 2016 2018 2017 2016
Liquidity
Current ratio (times) 1.32 1.26 1.15 1.32 1.26 1.15
Quick ratio (times) 0.53 0.50 0.43 0.53 0.50 0.43
Accounts receivable turnover (times) 13.18 14.43 20.75 13.18 14.43 20.75
A/R collection period (days) 27.31 24.95 17.35 27.31 24.95 17.35
Inventory turnover (times) 5.22 4.80 4.84 5.22 4.80 4.84
Days sales outstanding (days) 69.02 74.95 74.42 69.02 74.95 74.42
Accounts payable turnover (times) 17.41 19.02 14.00 17.41 19.02 14.00
Payment period (days) 20.68 18.92 25.71 20.68 18.92 25.71
Cash Cycle (days) 75.65 80.97 66.06 75.65 80.97 66.06
Profitability
Gross profit margin (%) 3.63 7.30 8.37 3.63 7.30 8.37
Cost of goods sold to sales (%) 96.37 92.70 91.63 96.37 92.70 91.63
Operating profit (Loss) margin (%) 0.15 2.88 3.33 0.15 2.88 3.33
Net income (Loss) margin (%) -0.34 2.51 1.13 0.06 3.50 2.80
Return on equity (%) -0.67 3.59 1.37 0.12 4.81 3.31
Earning (Loss) Per Share (Weighted
Average) -0.06 0.32 0.12 0.01 0.44 0.29
Book Value Per Share (BVPS) 8.87 8.94 8.63 9.40 9.39 8.96
Efficiency
Return on total assets (%) -0.45 2.54 0.99 0.08 3.44 2.40
Return on fixed assets (%) -0.87 4.33 1.52 0.16 6.06 3.75
Total asset turnover (times) 1.31 1.01 0.88 1.26 0.98 0.86

Financial policy
Debt to equity ratio (times) 0.52 0.47 0.35 0.49 0.45 0.34
Dividend payout ratio (%) - - - - -
Growth rate (%)
Assets 2.17 12.56 -3.12 2.71 13.26 -1.66
Liabilities 8.48 37.76 -14.08 8.48 37.76 -14.08
Net Sale 37.78 21.19 -12.93 37.78 21.19 -12.93
Cost of goods sold 43.23 22.60 -18.62 43.23 22.60 -18.62
Selling and general administrative
expenses 8.43 6.47 -1.16 8.40 6.47 -1.16
Net income -118.84 168.39 -115.77 -97.51 51.43 -144.25
Gross profit -31.48 5.76 272.96 -31.48 5.76 272.96

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