Minor International Public Company Limited

2018 NPAT Contribution
2014 2015 2016 2017
(Restated)
2018
Consolidated (Baht million) Net Sales 37,228 42,345 51,152 55,001 74,938
Total Revenues 39,787 48,014 56,973 58,644 79,328
Gross Profit 23,299 26,225 31,710 34,893 46,127
EBITDA 8,849 11,908 13,229 12,273 15,685
EBIT 6,044 8,846 9,447 8,164 9,959
Net Profit 4,402 7,040 6,590 5,415 5,445
Core Net Profit 4,333 4,705 4,576 5,415 5,957
Total Assets 74,279 98,382 108,453 119,100 267,700
Total Liabilities 44,255 61,670 67,656 68,596 184,626
Interest Bearing Debt 34,082 45,473 49,832 50,163 126,894
Total Equities 30,024 36,711 40,797 50,504 83,074
  Net Cash Flow from Operating Activities 4,785 2,499 6,494 6,585 7,360
Profitability Ratio (Percentage) Gross Profit Margin 58.85 58.01 57.46 58.83 56.27
Net Profit Margin 11.06 14.66 11.57 9.23 6.86
Return on Total Assets (ROA) 6.55 8.15 6.37 4.76 2.82
  Return on Equity (ROE) 15.47 21.10 17.00 11.86 8.15
Debt to Equity Ratio (Times) Interest Bearing Debt/Equity Ratio 1.14 1.24 1.22 0.99 1.53
Long Term Debt/Equity Ratio 0.91 1.13 1.03 0.89 1.31
  Gearing Ratio 1.30 1.57 1.55 1.25 2.07
Per Share Data (THB) Basic Earnings per Share 1.00 1.60 1.50 1.22 1.18
Core Basic Earnings per Share 0.98 1.07 1.04 1.22 1.29
Book Value per Share 7.50 8.34 9.25 10.93 17.99
Dividend per Share 0.35 0.35 0.35 0.40 0.40
  Dividend Payout Ratio (%) 31.82 21.89 23.40 32.81 33.93
Share Capital (Thousand shares) Par Value 1.00 1.00 1.00 1.00 1.00
Registered Ordinary Shares 4,201,634 4,641,789 4,621,828 4,621,828 4,621,828
Registered Preferred Shares - - - - -
Number of Ordinary Shares Outstanding 4,001,557 4,402,312 4,410,368 4,618,914 4,618,914
Number of Preferred Shares Outstanding - - - - -
Number of Weighted Average Ordinary Shares Outstanding 4,401,708 4,402,365 4,406,519 4,441,818 4,618,914
Number of Weighted Average Preferred Shares Outstanding - - - - -
Number of Warrants Outstanding:          
Offered to Existing Shareholders 200,064 199,512 192,187 - -
  Offered to Employee Stock Option Program - - - - -

Note :

    1. Dividend payout ratio is calculated from dividend per share divided by earnings per share.
    2. Excluding non-recurring items associated with Sun International, Oaks Elan Darwin and Minor DKL of Baht 2,335 million from the 2015 reported earnings, dividend payout ratio based on the 2015 core earnings from operations is 32.75%.
    3. Excluding non-recurring items associated with the Tivoli Group, BreadTalk, Oaks and Anantara Vacation Club of Baht 2,014 million from the 2016 reported earnings, dividend payout ratio based on the 2016 core earnings from operations is 33.69%.
    4. Excluding net non-recurring losses associated with NH Hotel Group, Oaks, Rani Investment, GrabThai and Benihana of Baht 512 million from the 2018 reported earnings, dividend payout ratio based on the 2018 core earnings from operations is 31.02%.
    5. Dividend per share for the 2018 performance has been approved as per MINT Board of Directors' resolution on 26 February 2019 and will be proposed to the Annual General Meeting of Shareholders on 22 April 2019.