12

2
1.
() ()

2.

1.


2.

3.

4.

5.

1.

2.

3.


4.

5.

6.

7.


8.




9.

1.


(Financial Highlights)




(Business Performance)

(Board of Directors ,
Executives and Audit Committee)

(Nature of Business)

(Industry Overview and Trend)

(Risk Factors)


(Corporate Governance)

(Shareholders and Management
Structure)




(Related Party Transaction)




(Audit Committees Report)

(Auditors Report)

(Financial Statements and
Notes)


(Investment in Subsidiaries and
Other Companies)

(Outline of the Company)

2. 56-1
: ... (The Office of the Securities and Exchange
Commission: SEC)

3.

3.1

( )
44/100 1 11000
0-2547-5050 0-2547-4459 1570

3.2


(The Stock Exchange of Thailand :
SET) 62 10110 0-2229-2204
0-2359-1014
3.3 13
93/1 10330
0-2252-3223 1446
3.4 Business Online (BOL) ()


.. 2539

(www.bol.co.th)

()
1. www.dbd.go.th

e-Service

Password
Password
Password Username
Password Login ()

)
()

 10

 11

()

2. www.sec.or.th

 12

Drop Down

56-1

 13

(56-1)

Drop Down

 14

1.

2.

3.
4.
5.
6.

1.
()
( )
2.

 15

3.
( )
4. (
)
5.

1.

(Vertical Analysis)
(Common Size Analysis)
100

 16

100


100

100

100


%

X 100

100

% =

X 100

% =

X 100

 17

Microsoft Excel (
)

Microsoft Excel
Microsoft Office

Microsoft Excel Version 2003 ( Version 2007)

)

1. Microsoft Excel Start
Program Microsoft Excel

 18

2. Sheet

Column

3. Column
4.
= * 100 / 100
100 =C5*100/$C$8 (
= + Excel
$
) Enter

5.

 19

6.

(Copy)

7.
(Paste)

 20

8.

1. Microsoft Excel
2. Sheet

Column

3. Column

 21

4.
= * 100 / 100
100 =C5*100/$C$14
$
) Enter

5.

 22

6.

(Copy)

7.
(Paste)
8.

 23

9. 100

2.

(Horizontal Analysis)

100
100 2
2 2

100

%

X 100

 24

Microsoft Excel
( )
Microsoft Excel Version 2003
( Version 2007 )

1. Microsoft Excel
2. Sheet
Column
3. Column
4.
= ( ) * 100 /

=(B6-C6)*100/C6 (B6-C6)
100 Enter

5.
(Copy)

 25

6.
(Paste)
7.

8. G7 #DIV/0!

n/a

1. Microsoft Excel
2. Sheet
Column
3. Column
4.

 26

= ( ) * 100 /
=(C5-D5)*100/D5 (C5-D5)
100 Enter

5.
(Copy)
6.
(Paste)
7.

 27

3.



10

1.

 28

1.1


31 2552

27,000

3.27

76,000

9.21

22,000

2.67

125,000

15.15

300,000

36.36

200,000

24.24

290,000

35.15

(90,000)

(10.90)

700,000

84.85

825,000

100.00

31,000

3.76

25,000

3.03

8,000

0.97

64,000

7.76

390,000

47.27

454,000

55.03

300,000

36.36

71,000

8.61

371,000

44.97

825,000

100.00

( 10 )

 29

2552 15.15


36.36

52,000

2552
47.27

8.61

 30

1.2


31
2552
27,000
76,000
22,000

2551
()
(38.64)
44,000
40.74
54,000
46,000
(52.17)

125,000
300,000
200,000
290,000
(90,000)
700,000
825,000

144,000
260,000
247,000
290,000
(80,000)
717,000
861,000

(13.19)

31,000
25,000
8,000

120,000
135,000
10,000

64,000
390,000
454,000

265,000
250,000
515,000

(74.17)
(81.48)
(20.00)
(75.85)
56.00
(11.84)

( 10 )

300,000
71,000
371,000

300,000
46,000
346,000

0
54.35
7.23

825,000

861,000

(4.18)

15.38
(19.03)
0
12.50
(2.37)
(4.18)

 31

2552 38.64

2552

2552

2552

 32

2.

2.1

31 2552

200,000

79.37

52,000
252,000

20.63
100.00

120,000

47.62

25,000

9.92

8,000
20,000
16,000

3.17
7.94
6.35

2,000
10,000
17,000

0.79
3.97
6.75

9,000
227,000
25,000

3.57
90.08
9.92

:-

 33

2552
79.37 20.63
20

47.62

42.46 (90.08 - 47.62)

9.92

2552

 34

2.2

1 31 2552
2552

2551

()

200,000

216,000

(7.41)

52,000

N/A

252,000

216,000

16.67

120,000

115,000

4.35

25,000

24,000

4.17

8,000

6,000

33.33

20,000

12,000

66.67

16,000

11,000

45.45

2,000

3,000

(33.33)

10,000

7,000

42.86

17,000

11,500

47.83

9,000

4,400

104.55

227,000

193,900

17.07

25,000

22,100

13.12

2552 2551 7.41
2552 16.67

 35

4.35


33.33
66.67

2552 13.12

3.
3.1. (Current Ratio)
/ = .
(Current Assets / Current Liabilities = . Times)

1

1


1
1.5 3 (Rule of
Thumb)

 36

1

3

1.
2.




3.

4.

125,000

64,000

1.95

2.5

2



1

(Set Smart)

 37

3.2 (Total Debt to Total Assets Ratio)

/ * 100 = . %
(Total Liabilities / Total Assets * 100 = . %)

40 - 60 (Rule of Thumb)

(Tax Shield)

1.



2.

3.

 38

X 100

454,000 X 100

825,000

55.03 %

40%

55 45



3.3 (Times Interest
Earned Ratio)
/ = .
(Earnings Before Interest and Tax / Interest Expense = . Times)



3 (Rule of Thumb)

1.


2.
(
)
3.

 39

51,000
17,000

5.5

3




3.4 (Return on Assets Ratio: ROA)
/ * 100 = . %
(Net Profit / Average Total Assets * 100 = . %)
= ( + ) / 2

1.

 40

2. (
)

X 100

36,900 X 100
(825,000+861,000) / 2

4.38 %

5%

1. (Earnings Per Share Ratio: EPS)
/ = . /
(Net Earnings / Shares Common Stock = . Baht/Share)

 41

1.
( ) (Treasury Stock)

2.


3.

25,000
(300,000 / 10)

0.83 1.5

83

 42

2. (Price Earnings Ratio: P/E)

/ = .
(Market Price of a Share of Common Stock / Earnings per Share
= . Times)
=

10 20 (Rule of Thumb)

5 10 (1 / 20 * 100 = 5%) (1 / 10 * 100 = 10%)

1.








2.

 43

3.

(
) ( )

18

18
0.83

21.69

20

3. (Market Price to Book Value
per Share Ratio: P/BV)
/ = .
(Market Price of a Share of Common Stock / Book Value per Share
= . Times)
=

= /

(
)

 44

1.5 3 (Rule of Thumb)

1.

2.

18
(371,000 / 30,000)

1.46

2.5

 45

4. (Dividend Yield Ratio)

/ * 100 = . %
(Dividends per Share of Common Stock / Market Price of a Share of
Common Stock * 100 = . %)
=
/



5

(Capital Gain)


1.


2.


6


1

X 100

1 X 100
18

5.56%

8%