Minor International Public Company Limited

2016 2017 2018 2019 2020
(Pre-TFRS 16)
2020
(Post-TFRS 16)
Consolidated (Baht million) Net Sales 51,152 55,001 74,938 119,023 55,954 55,954
Total Revenues 56,973 58,644 78,620 129,889 58,232 58,232
Gross Profit 31,710 34,893 46,127 60,625 NA 8,700
EBITDA 13,229 12,273 14,634 26,283 (10,627) 546
EBIT 9,447 8,164 8,908 17,369 (20,253) (17,696)
Net Profit 6,590 5,415 4,508 10,698 (20,713) (21,407)
Core Net Profit 4,576 5,415 5,728 7,061 (18,830) (19,389)
Total Assets 108,453 119,100 268,081 254,184 NA 362,327
Total Liabilities 67,656 68,596 185,780 168,316 NA 286,003
Interest Bearing Debt 49,832 50,163 126,894 112,373 NA 136,339
Total Equities 40,797 50,504 82,301 85,868 NA 76,324
  Net Cash Flow from Operating Activities 6,494 6,585 7,360 14,766 NA (2,500)
Profitability Ratio (Percentage) Gross Profit Margin 57.46 58.83 56.27 45.23 15.55 15.55
Net Profit Margin 11.57 9.23 5.73 8.24 NM NM
Return on Total Assets (ROA) 6.37 4.76 2.33 4.10 (7.62) (6.94)
  Return on Equity (ROE) 17.00 11.86 6.79 12.72 (23.98) (26.40)
Debt to Equity Ratio (Times) Interest Bearing Debt/Equity Ratio 1.22 0.99 1.54 1.31 NA 1.79
Long Term Debt/Equity Ratio 1.03 0.89 1.33 1.19 NA 1.70
  Gearing Ratio 1.55 1.25 2.10 1.80 NA 3.40
Per Share Data (THB) Basic Earnings per Share 1.50 1.22 0.93 2.04 (4.56) (4.71)
Core Basic Earnings per Share 1.04 1.22 1.19 1.25 (4.18) (4.29)
Book Value per Share 9.25 10.93 17.82 18.59 14.73 14.73
Dividend per Share 0.35 0.40 0.40 N/A - -
  Dividend Payout Ratio (%) 23.40 32.81 33.49 N/A - -
Share Capital (Thousand shares) Par Value 1.00 1.00 1.00 1.00 1.00 1.00
Registered Ordinary Shares 4,621,828 4,621,828 4,618,914 4,849,860 5,887,816 5,887,816
Registered Preferred Shares - - - - - -
Number of Ordinary Shares Outstanding 4,410,368 4,618,914 4,618,914 4,619,005 5,182,335 5,182,335
Number of Preferred Shares Outstanding - - - - - -
Number of Weighted Average Ordinary Shares Outstanding 4,406,519 4,441,818 4,618,914 4,618,942 4,857,563 4,857,563
Number of Weighted Average Preferred Shares Outstanding - - - - - -
Number of Warrants Outstanding:            
Offered to Existing Shareholders 192,187 - - 230,849 466,389 466,389
  Offered to Employee Stock Option Program - - - - - -

Note :

    1. According to MINT’s new debt covenant, the calculation of interest bearing debt to equity ratio carves out lease liabilities.
    2. Dividend payout ratio is calculated from dividend per share divided by core basic earnings per share.
    3. MINT Board of Directors' resolution on 25 February 2021 approved to omit the dividend payment for 2020 performance and the dividend omission agenda will be proposed
      to the Annual General Meeting of Shareholders on 22 April 2021.