Financial Information

Financial Overview

The Siam Cement Public Company Limited and Its Subsidiaries

  2024 2023 2022 2021 2020
Consolidated Income Statement (Million Baht)
Revenue from sales 511,172 499,646 569,609 530,112 399,939
Costs and expenses 525,498 504,796 570,620 494,613 373,564
Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates (EBITDA)1 53,946 54,143 61,912 91,867 74,600
Profit for the year2 6,342 25,915 21,382 47,174 34,144
Consolidated Statement of Financial Position (Million Baht)
Assets 861,502 893,601 906,490 861,101 749,381
Liabilities 441,722 452,004 454,066 411,093 353,255
Shareholders’ equity 419,780 441,597 452,424 450,008 396,126
Equity attributable to owners of the parent 352,887 363,962 374,255 365,691 320,972
Financial Ratio
Total number of shares issued (Million Shares) 1,200 1,200 1,200 1,200 1,200
Book value per share (Baht) 294.1 303.3 311.9 304.7 267.5
Earnings per share (Baht) 5.3 21.6 17.8 39.3 28.5
Dividends per share (Baht) 5.0 6.0 8.0 18.5 14.0
Dividends payout ratio on profit for the year (%)3 94.6 27.8 44.9 47.1 49.2
Return on revenue from sales (%) 1.2 5.2 3.8 8.9 8.5
Return on equity (%) 1.8 7.0 5.8 13.7 11.4
Return on assets (%) 0.7 2.9 2.4 5.9 4.9
EBITDA on total assets (%) 6.1 6.0 7.0 11.4 10.8
Net debt to equity ratio (Times) 0.7 0.6 0.6 0.5 0.4
Price earnings ratio (Times) 31.8 14.2 19.2 9.8 13.3

1 For the year 2023, EBITDA exclude gain from fair value adjustment of investments
2 Profit for the year attributable to owners of the Company, and in the year 2023 profit excluding extra items (non-recurring items of business which are non-cash) amounted to 13,307 million baht.
3 Proportion of dividends for 2023 is 54.1% on profit excluding extra items.

SCG Cement and Green Solutions Business

  2024 2023
Information from Statement of Financial Position
Current assets 27,724 30,054
Assets 105,388 109,204
Liabilities 53,851 56,555
Shareholders' equity 51,537 52,649
Information from Income Statement
Revenue from sales 81,891 85,845
Costs and expenses 79,662 86,001
Profit for the year (1) 2,428 (192)
Profit excluding extra items (2) 2,428 2,022
EBITDA (3) 11,492 8,978

1 Profit (loss) for the year attributable to owners of the Business.
2 Profit for the year exclude non-recurring items of business which are non-cash.
3 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.

SCG Smart Living Business

  2024 2023
Information from Statement of Financial Position
Current assets 34,309 43,194
Assets 109,488 119,092
Liabilities 40,669 48,497
Shareholders' equity 68,819 70,595
Information from Income Statement
Revenue from sales 140,165 151,838
Costs and expenses 141,624 153,256
Profit for the year (1) 1,087 910
EBITDA (2) 3,361 3,541

1 Profit for the year attributable to owners of the Business.
2 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.

SCG Distribution and Retail Business

  2024 2023
Information from Statement of Financial Position
Current assets 34,309 43,194
Assets 109,488 119,092
Liabilities 40,669 48,497
Shareholders' equity 68,819 70,595
Information from Income Statement
Revenue from sales 140,165 151,838
Costs and expenses 141,624 153,256
Profit for the year (1) 1,087 910
EBITDA (2) 3,361 3,541

1 Profit for the year attributable to owners of the Business.
2 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.

SCG Decor

  2024 2023
Information from Statement of Financial Position
Current assets 20,527 22,718
Assets 39,823 41,651
Liabilities 19,117 20,339
Shareholders' equity 20,706 21,312
Information from Income Statement
Revenue from sales 25,563 28,312
Costs and expenses 25,076 27,765
Profit for the year (1) 810 577*
EBITDA (2) 3,134 3,263*

1 Profit for the year attributable to owners of the Business.
2 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.
* The figures for the year 2023 presented difference to SCG Decor (SCGD) consolidated performance due to the business restructuring.

SCGC (Chemicals Business)

  2024 2023 2022 2021 2020
Information from Statement of Financial Position
Current assets 60,717 68,241 71,581 83,483 55,275
Assets 382,698 389,603 387,154 377,174 283,614
Liabilities 217,781 208,378 197,806 186,092 125,102
Shareholders' equity 164,917 181,225 189,348 191,082 158,512
Information from Income Statement
Revenue from sales 210,298 191,482 236,587 238,390 146,870
Costs and expenses 227,225 198,223 243,839 214,152 130,668
Profit for the year (1) (7,990) 589 5,901 28,931 17,667
EBITDA (2) 7,363 13,696 17,745 41,465 30,965

1 Profit for the year attributable to owners of the Business.
2 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.

SCG Packaging

  2024 2023 2022 2021 2020 2019
Information from Statement of Financial Position
Current assets 55,304 60,272 60,154 69,186 62,919 35,383
Assets 188,580 198,561 197,280 206,824 172,429 139,513
Liabilities 93,293 96,112 74,313 84,524 62,588 76,697
Shareholders' equity 95,287 102,449 122,967 122,300 109,841 62,816
Information from Income Statement
Revenue from sales 132,784 129,398 146,068 124,223 92,786 89,070
Costs and expenses 129,339 123,978 139,298 115,100 85,148 83,147
Profit for the year (1) 3,699 5,248 5,801 8,294 6,457 5,268
EBITDA (2) 16,138 17,778 19,413 21,164 16,884 15,159

1 Profit for the year attributable to owners of the Business.
2 Profit before finance costs, income tax expense, depreciation and amortization and including dividends from associates.