Key Financial Ratios 2022/23 2021/22 2020/21
Profitability ratios
Gross operating profit margin (%) 34.0% 22.2% 18.1%
Operating EBITDA margin (%) 42.4% 31.4% 25.3%
Recurring net profit margin (After MI) 8.8% 9.3% 9.6%
Net profit margin (After MI) 7.6% 12.3% 10.8%
ROA (%) 0.6% 1.7% 2.8%
ROE (%) 2.0% 4.8% 7.5%
Liquidity Ratio
Current Ratio 0.56x 0.49x 0.44x
Leverage
Interest bearing debt to equity (times) 2.11x 1.79x 1.49x
Adjusted net debt2 to equity (times) 1.85x 1.49x 1.28x
Interest coverage (times) 2.01x 2.52x 3.51x
Per share ratios 3
Earnings per share (THB) 0.14 0.29 0.35
Book value per share (THB) 6.18 6.40 5.78

1 Includes performances from discontinued operation
2 Adjusted net debt: Calculated based on interest bearing debt - cash and cash equivalent and liquid investment
3 per share ratios, calculated based on numbers of shares with par value at THB 4 per share