Minor International Public Company Limited

2019 NPAT Contribution
2015 2016 2017
(Restated)
2018
(Restated)
2019
Consolidated (Baht million) Net Sales 42,345 51,152 55,001 74,938 119,023
Total Revenues 48,014 56,973 58,644 78,620 129,889
Gross Profit 26,225 31,710 34,893 46,127 60,625
EBITDA 11,908 13,229 12,273 14,634 26,283
EBIT 8,846 9,447 8,164 8,908 17,369
Net Profit 7,040 6,590 5,415 4,508 10,698
Core Net Profit 4,705 4,576 5,415 5,728 7,061
Total Assets 98,382 108,453 119,100 268,081 254,184
Total Liabilities 61,670 67,656 68,596 185,780 168,316
Interest Bearing Debt 45,473 49,832 50,163 126,894 112,373
Total Equities 36,711 40,797 50,504 82,301 85,868
  Net Cash Flow from Operating Activities 2,499 6,494 6,585 7,360 14,766
Profitability Ratio (Percentage) Gross Profit Margin 58.01 57.46 58.83 56.27 45.23
Net Profit Margin 14.66 11.57 9.23 5.73 8.24
Return on Total Assets (ROA) 8.15 6.37 4.76 2.33 4.10
  Return on Equity (ROE) 21.10 17.00 11.86 6.79 12.72
Debt to Equity Ratio (Times) Interest Bearing Debt/Equity Ratio 1.24 1.22 0.99 1.54 1.31
Long Term Debt/Equity Ratio 1.13 1.03 0.89 1.33 1.19
  Gearing Ratio 1.57 1.55 1.25 2.10 1.80
Per Share Data (THB) Basic Earnings per Share 1.60 1.50 1.22 0.93 2.04
Core Basic Earnings per Share 1.07 1.04 1.22 1.19 1.25
Book Value per Share 8.34 9.25 10.93 17.82 18.59
Dividend per Share 0.35 0.35 0.40 0.40 N/A
  Dividend Payout Ratio (%) 21.89 23.40 32.81 33.49 N/A
Share Capital (Thousand shares) Par Value 1.00 1.00 1.00 1.00 1.00
Registered Ordinary Shares 4,641,789 4,621,828 4,621,828 4,618,914 4,849,860
Registered Preferred Shares - - - - -
Number of Ordinary Shares Outstanding 4,402,312 4,410,368 4,618,914 4,618,914 4,619,005
Number of Preferred Shares Outstanding - - - - -
Number of Weighted Average Ordinary Shares Outstanding 4,402,365 4,406,519 4,441,818 4,618,914 4,618,942
Number of Weighted Average Preferred Shares Outstanding - - - - -
Number of Warrants Outstanding:          
Offered to Existing Shareholders 199,512 192,187 - - 230,849
  Offered to Employee Stock Option Program - - - - -

Note :

    1. Dividend payout ratio is calculated from dividend per share divided by core basic earnings per share.
    2. Non-recurring items associated with Sun International, Oaks Elan Darwin and Minor DKL were Baht 2,335 million in 2015 reported earnings.
    3. Non-recurring items associated with the Tivoli Group, BreadTalk, Oaks and Anantara Vacation Club were Baht 2,014 million in 2016 reported earnings.
    4. Net non-recurring losses associated with NH Hotel Group, Oaks, Rani Investment, GrabThai and Benihana were Baht 1,220 million in 2018 reported earnings.
    5. Net non-recurring items associated with NH Hotel Group, BreadTalk Thailand, Tivoli Group, Corbin & King, Ribs & Rumps and the Maldives hotels were Baht 3,637 million in 2019 reported earnings.
    6. The outbreak of Coronavirus (COVID-19) continues to be wide-spread. The Board of Directors had resolved to postpone the 2020 Annual General Meeting of Shareholders indefinitely by cancelling the date and agenda items of 2020 AGM previously scheduled on 24 April 2020, cancelling the Record Date for the right to attend the AGM which was determined on 16 March 2020 and cancelling the dividend payment, cancelling the Record Date for the right to receive dividend payment on 5 May 2020 and cancelling the dividend payment date which was set on 21 May 2020. The Board of Directors will consider the date of AGM, the Record Date for the right to attend the AGM, the agenda of the AGM, including reconsider dividend payment for the year 2019 performance subject to the situation and financial conditions of MINT at the time.