Financial Information

Financial Overview

The Siam Cement Public Company Limited and Its Subsidiaries

  2022 2021 2020 2019 2018
Consolidated Income Statement (Million Baht)
Revenue from sales 569,609 530,112 399,939 437,980 478,438
Costs and expenses * 570,620 494,613 373,564 419,241 445,392
Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates (EBITDA)* 61,912 91,867 74,600 75,105 86,641
Profit for the year** 21,382 47,174 34,144 32,014 44,748
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)
Assets 906,490 861,101 749,381 634,733 589,787
Liabilities 454,066 411,093 353,255 306,990 271,918
Shareholders’ equity 452,424 450,008 396,126 327,743 317,869
Equity attributable to owners of the parent 374,255 365,691 320,972 280,215 277,097
Financial Ratio
Total number of shares issued (Million Shares) 1,200 1,200 1,200 1,200 1,200
Book value per share (Baht) 311.9 304.7 267.5 233.5 230.9
Earnings per share (Baht) 17.8 39.3 28.5 26.7 37.3
Dividends per share (Baht) 8.0 18.5 14.0 14.0 18.0
Dividends payout ratio on profit for the year (%)*** 44.9 47.1 49.2 52.5 48.3
Return on revenue from sales (%) 3.8 8.9 8.5 7.3 9.4
Return on equity (%) 5.8 13.7 11.4 11.5 16.6
Return on assets (%) 2.4 5.9 4.9 5.2 7.7
EBITDA on total assets (%) 7.0 11.4 10.8 12.2 14.9
Net debt to equity ratio (Times)**** 0.6 0.5 0.4 0.6 0.5
Price earnings ratio (Times) 19.2 9.8 13.3 14.7 11.7

* The figures for year 2019 are reclassified according to the notification of the Department of Business Development.
** Profit for the year attributable to owners of the Company
*** Proportion of dividends for 2019 is 49.3% on profit before recognition of severance pay adjustment from the Labour Protection Act B.E. 2562
**** Net debt to equity ratio = Net debt divided by shareholders’ equity

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

  2022 2021 2020 2019 2018
Information from Statement of Financial Position
Current assets 76,048 71,128 58,655 59,539 64,031
Assets 228,277 224,226 212,615 211,573 218,316
Liabilities 113,278 94,139 91,448 98,484 105,775
Shareholders' equity 114,999 130,087 121,167 113,089 112,541
Information from Income Statement
Revenue from sales 204,594 182,529 171,720 184,690 182,952
Costs and expenses* 203,576 179,461 167,483 180,904 178,874
Profit for the year** 3,789 4,262 6,422 5,455 5,277
Normalized profit*** 4,670 7,939 8,771 7,449 6,593
EBITDA**** 17,540 18,877 21,591 21,009 20,382

* The figures for year 2019 are reclassified and the business segment information for year 2018 are restated.
** Profit for the year attributable to owners of the Company
*** Profit before assets impairment, investments sold and others
**** Profit before finance costs, income tax expense, depreciation and amortization and includes dividends from associates

SCG Chemicals
Consolidated Financial Information (Million Baht)

  2022 2021 2020 2019 2018
Information from Statement of Financial Position
Current assets 71,581 83,483 55,275 49,258 55,241
Assets 387,154 377,174 283,614 230,543 213,263
Liabilities 197,806 186,092 125,102 76,364 57,028
Shareholders' equity 189,348 191,082 158,512 154,179 156,235
Information from Income Statement
Revenue from sales 236,587 238,390 146,870 177,634 221,538
Costs and expenses * 243,839 214,152 130,668 167,539 197,693
Profit for the year ** 5,901 28,931 17,667 15,480 28,410
EBITDA *** 17,745 41,465 30,965 32,262 45,237

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

SCG Packaging
Consolidated Financial Information (Million Baht)

  2022 2021 2020 2019 2018
Information from Statement of Financial Position
Current assets 60,154 69,186 62,919 35,383 30,074
Assets 197,280 206,824 172,429 139,513 93,246
Liabilities 74,313 84,524 62,588 76,697 39,986
Shareholders' equity 122,967 122,300 109,841 62,816 53,260
Information from Income Statement
Revenue from sales 146,068 124,223 92,786 89,070 87,255
Costs and expenses * 139,298 115,100 85,148 83,147 79,661
Profit for the year ** 5,801 8,294 6,457 5,268 6,066
EBITDA *** 19,413 21,164 16,884 15,159 14,566

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