Financial Highlights (Bt m) 2017 2018 2019 2020
Assets 72,244 81,845 86,782 78,273
Liabilities 33,584 39,971 42,990 35,227
Equities 37,909 41,171 43,056 43,047
Non-Controlling interests 750 704 736 740
Revenue from sales of real estate 43,935 44,901 39,885 29,244
Total Income 44,113 45,071 40,152 29,513
Gross Profit from sales of real estate 15,713 16,086 14,131 9,368
Selling and Administration 8,537 8,430 7,060 5,437
Net profit 5,574 6,131 5,459 2,827
Profit attributable to Owner of the Company 5,456 6,022 5,359 2,771
Information Per Share      
Paid up capital (Million Baht)  2,187 2,189 2,189 2,189
Paid up shares (Million Shares)  2,187 2,189 2,189 2,189
Book Value Per Share (Baht) 17.3 18.8 19.7 19.7
Earning Per Share (Baht) 2.50 2.75 2.45 1.27
Market Price at Year-End (Baht) 23.5 17.3 14.8 12.5
P/E (times) 9.4 6.3 6.0 9.9
P/BV (times) 1.4 0.9 0.8 0.6
Market Cap (Million Baht) 51,390 37,861 32,390 27,356
Key Financial Ratios      
Average Asset Turnover (times)  0.64 0.58 0.48 0.38
Average ROA (%) 10.6 10.2 8.7 6.5
Average ROE (%) 14.9 15.2 12.7 9.0
Gross Profit Margin (%) 35.8 35.8 35.4 32.0
Net Profit Margin (%) 12.4 13.4 13.4 9.4
Debt to Equity (times) 0.89 0.97 1.00 0.80
Interest Bearing Debt (Million Baht) 24,300 27,100 31,100 25,007
Interest Bearing Debt to Equity (times) 0.64 0.66 0.72 0.58
Financial Highlights (Bt m) 4Q19 1Q20 2Q20 3Q20 4Q20 1Q21 2Q21
Assets 86,782 92,611 85,082 82,150 78,273 76,741 75,118
Liabilities 42,990 47,871 42,093 39,224 35,227 32,326 32,446
Equities 43,056 43,985 42,265 42,204 43,047 43,665 42,672
Non-Controlling interests 736 755 724 723 740 750 733
Revenue from sales of real estate 11,706 7,143 6,166 6,353 9,584 6,888 6,334
Total Income 11,886 7,176 6,223 6,402 9,712 6,897 6,389
Gross Profit from sales of real estate 4,264 2,561 1,966 2,038 2,803 1,836 1,850
Selling and Administration 1,966 1,268 1,339 1,156 1,673 1,039 1,099
Net profit 1,859 940 426 616 845 616 439
Profit attributable to Owner of the Company 1,825 922 417 603 829 606 427
Information Per Share          
Paid up capital (Million Baht)  2,189 2,189 2,189 2,189 2,189 2,189 2,189
Paid up shares (Million Shares)  2,189 2,189 2,189 2,189 2,189 2,189 2,189
Book Value Per Share (Baht) 19.7 20.1 19.3 19.3 19.7 20.0 19.5
Earning Per Share (Baht) 0.83 0.42 0.19 0.28 0.38 0.28 0.20
Market Price at Year-End (Baht) 14.8 9.3 11.5 10.8 12.5 12.8 13.8
P/E (times) 6.0 4.4 6.2 6.3 9.9 11.4 12.2
P/BV (times) 0.8 0.5 0.6 0.6 0.6 0.6 0.7
Market Cap (Million Baht) 32,390 20,244 25,168 23,636 27,356 28,013 30,201
Key Financial Ratios          
Average Asset Turnover (times)  0.48 0.41 0.40 0.38 0.36 0.35 0.37
Average ROA (%) 8.7 7.3 6.8 6.5 3.4 2.9 3.1
Average ROE (%) 12.7 10.6 9.7 9.0 6.4 5.6 5.8
Gross Profit Margin (%) 36.4 35.9 31.9 32.1 29.3 26.7 28.4
Net Profit Margin (%) 15.6 12.8 6.7 9.4 8.5 8.8 6.7
Debt to Equity (times) 1.00 1.09 1.00 0.93 0.80 0.74 0.74
Interest Bearing Debt (Million Baht) 31,100 34,850 30,150 28,157 25,007 23,507 22,857
Interest Bearing Debt to Equity (times) 0.72 0.79 0.71 0.67 0.58 0.54 0.54