Financial Information

Financial Overview

The Siam Cement Public Company Limited and Its Subsidiaries

  2021 2020 2019 2018 2017
Consolidated Income Statement (Million Baht)
Revenue from sales 530,112 399,939 437,980 478,438 450,921
Costs and expenses 1 494,613 373,564 419,241 445,392 408,995
Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates (EBITDA) 1 91,867 74,600 75,105 86,641 102,080
Profit for the year 2 47,174 34,144 32,014 44,748 55,041
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 861,101 749,381 634,733 589,787 573,412
Liabilities 411,093 353,255 306,990 271,918 271,587
Shareholders’ equity 450,008 396,126 327,743 317,869 301,825
Equity attributable to owners of the parent 365,691 320,972 280,215 277,097 261,098
Financial Ratio
Total number of shares issued (Million Shares) 1,200 1,200 1,200 1,200 1,200
Book value per share (Baht) 304.7 267.5 233.5 230.9 217.6
Earnings per share (Baht) 39.3 28.5 26.7 37.3 45.9
Dividends per share (Baht) 18.5 14.0 14.0 18.0 19.0
Dividends payout ratio on profit for the year (%) 3 47.1 49.2 52.5 48.3 41.4
Return on revenue from sales (%) 8.9 8.5 7.3 9.4 12.2
Return on equity (%) 13.7 11.4 11.5 16.6 22.0
Return on assets (%) 5.9 4.9 5.2 7.7 9.9
EBITDA on total assets (%) 11.4 10.8 12.2 14.9 18.3
Debt to equity ratio (Times) 4 0.9 0.9 0.9 0.9 0.9
Price earnings ratio (Times) 9.8 13.3 14.7 11.7 10.5
Net debt to EBITDA ratio (Times) 2.6 2.1 2.4 1.7 1.4

1 The figures for year 2019 are reclassified according to the notification of the Department of Business Development.
2 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)

  2021 2020 2019 2018 2017
Information from Statement of Financial Position
Current assets 71,128 58,655 59,539 64,031 56,466
Assets 224,226 212,615 211,573 218,316 213,134
Liabilities 94,139 91,448 98,484 105,775 106,913
Shareholders' equity 130,087 121,167 113,089 112,541 106,221
Information from Income Statement
Revenue from sales 182,529 171,720 184,690 182,952 175,255
Costs and expenses 1 179,461 167,483 180,904 178,874 170,300
Profit for the year 2 4,262 6,422 5,455 5,277 6,457
Normalized profit 3 7,939 8,771 7,449 6,593 6,720
EBITDA 4 18,877 21,591 21,009 20,382 21,450

1 The figures for year 2019 are reclassified and the business segment information for year 2018 and 2017 are restated.
2 Profit for the year attributable to owners of the parent.
3 Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates.
4 Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates

SCG Chemicals
Consolidated Financial Information (Million Baht)

  2021 2020 2019 2018 2017
Information from Statement of Financial Position
Current assets 83,483 55,275 49,258 55,241 45,183
Assets 377,174 283,614 230,543 213,263 193,183
Liabilities 186,092 125,102 76,364 57,028 49,257
Shareholders' equity 191,082 158,512 154,179 156,235 143,926
Information from Income Statement
Revenue from sales 238,390 146,870 177,634 221,538 206,280
Costs and expenses 1 214,152 130,668 167,539 197,693 170,317
Profit for the year 2 28,931 17,667 15,480 28,410 41,273
EBITDA 3 41,465 30,965 32,262 45,237 63,656

1 The figures for year 2019 are reclassified and the business segment information for year 2018 and 2017 are restated.
2 Profit for the year attributable to owners of the parent.
3 Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates.

SCG Packaging
Consolidated Financial Information (Million Baht)

  2021 2020 2019 2018 2017
Information from Statement of Financial Position
Current assets 69,186 62,919 35,383 30,074 29,317
Assets 206,824 172,429 139,513 93,246 91,312
Liabilities 84,524 62,588 76,697 39,986 35,661
Shareholders' equity 122,300 109,841 62,816 53,260 55,651
Information from Income Statement
Revenue from sales 124,223 92,786 89,070 87,255 81,455
Costs and expenses 1 115,100 85,148 83,147 79,661 76,617
Profit for the year 2 8,294 6,457 5,268 6,066 4,651
EBITDA 3 21,164 16,884 15,159 14,566 12,353

Included financial performance of fajar since July 2019 and Visy Thailand since September 2019.

1 The figures for year 2019 are reclassified and the business segment information for year 2018 and 2017 are restated.
2 Profit for the year attributable to owners of the parent.
3 Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates.