Financial Information

Financial Overview

The Siam Cement Public Company Limited and Its Subsidiaries

  2019 2018 2017 2016 2015
Consolidated Income Statement 1 (Million Baht)
Revenue from sales 437,980 478,438 450,921 423,442 439,614
Costs and expenses 419,096 445,392 408,995 376,825 400,248
Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates (EBITDA) 74,960 86,641 102,080 97,816 82,690
Profit for the year 2 32,014 44,748 55,041 56,084 45,400
Profit for the year before recognition of severance pay adjustment from the Labour Protection Act B.E. 2562 34,049
Consolidated Statement of Financial Position (Million Baht)
Asset 634,733 589,787 573,412 539,688 509,981
Liabilities 306,990 271,918 271,587 258,070 266,975
Shareholders’ equity 327,743 317,869 301,825 281,618 243,006
Equity attributable to owners of the parent 280,215 277,097 261,098 240,023 206,161
Financial Ratio
Total number of shares issued (Million Shares) 1,200 1,200 1,200 1,200 1,200
Book value per share (Baht) 233.5 230.9 217.6 200.0 171.8
Earnings per share (Baht) 26.7 37.3 45.9 46.7 37.8
Dividends per share (Baht) 14.0 18.0 19.0 19.0 16.0
Dividends payout ratio on profit for the year (%) 3 52.5 48.3 41.4 40.7 42.3
Return on revenue from sales (%) 7.3 9.4 12.2 13.2 10.3
Return on equity (%) 11.5 16.6 22.0 25.1 23.7
Return on assets (%) 5.2 7.7 9.9 10.7 9.3
EBITDA on total assets (%) 12.2 14.9 18.3 18.6 16.9
Debt to equity ratio (Times) 4 0.9 0.9 0.9 0.9 1.1
Price earnings ratio (Times) 14.7 11.7 10.5 10.6 12.1
Net debt to EBITDA ratio (Times) 2.4 1.7 1.4 1.5 2.0

1 The figures for year 2016 are reclassified according to the notification of the Department of Business Development B.E. 2559.
2 Represents profit for the year attributable to owners of the parent.
3 Proportion of dividends for 2019 is 49.3% on profit before recognition of severance pay adjustment from the Labour Protection Act B.E. 2562.
4 Debt to equity ratio = Liabilities divided by shareholders’ equity.

SCG Cement-Building Materials
Consolidated Financial Information (Million Baht)

  2019 2018 2017 2016 2015
Information from Statement of Financial Position1
Current assets 59,539 64,031 56,466 58,702 56,348
Assets 211,573 218,316 213,134 203,068 187,976
Liabilities 98,484 105,775 106,913 103,198 105,242
Shareholders' equity 113,089 112,541 106,221 99,870 82,734
Information from Income Statement1
Revenue from sales 184,690 182,952 175,255 170,944 178,988
Costs and expenses 180,886 178,874 169,431 163,956 168,306
Profit for the year 2 5,455 5,277 7,230 8,492 10,250
EBITDA 3 20,991 20,382 22,319 23,639 24,395

1 The business segment information for year 2018 and 2017 are restated and the figures for year 2016 are reclassified.
2 Profit for the year attributable to owners of the parent.
3 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.

SCG Chemicals
Consolidated Financial Information (Million Baht)

  2019 2018 2017 2016 2015
Information from Statement of Financial Position1
Current assets 49,258 55,241 45,183 49,463 45,769
Assets 230,543 213,263 193,183 193,465 185,583
Liabilities 76,364 57,028 49,257 64,321 79,818
Shareholders' equity 154,179 156,235 143,926 129,144 105,765
Information from Income Statement 1
Revenue from sales 177,634 221,538 206,280 188,163 200,433
Costs and expenses 167,535 197,693 170,317 147,209 170,433
Profit for the year2 15,480 28,410 41,273 42,084 28,488
EBITDA 3 32,258 45,237 63,656 60,713 42,900

1 The business segment information for year 2018 and 2017 are restated and the figures for year 2016 are reclassified.
2 Profit for the year attributable to owners of the parent.
3 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.

SCG Packaging
Consolidated Financial Information (Million Baht)

  2019 2018 2017 2016 2015
Information from Statement of Financial Position1
Current assets 35,383 30,074 29,317 24,574 24,295
Assets 29,317 93,246 91,312 85,369 83,218
Liabilities 76,697 39,986 35,661 32,617 34,892
Shareholders' equity 62,816 53,260 55,651 52,752 48,326
Information from Income Statement1
Revenue from sales 89,070 87,255 81,455 74,542 70,907
Costs and expenses 83,024 79,661 76,617 70,469 66,838
Profit for the year 2 5,268 6,066 4,651 3,565 3,463
EBITDA 3 15,036 14,566 12,353 10,884 10,831

1 Included financial performance of Fajar since July 2019 and Visy Thailand since September 2019. The business segment information for year 2018 and 2017 are restated and the figures for year 2016 are reclassified.
2 Profit for the year attributable to owners of the parent.
3 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.