FY 2017 financial results released on February 23rd, 2018
-
Underwriting Profit and Acquisition Expenses Ratio
Operating Expenses and Operating Expenses Ratio
Non-Insurance Income and ROI
After-Tax Profit, ROA and ROE
Balance Sheet (THB m)
- Cash and Investment Assets
- Others Assets
- Insurance Reserve
- Others Liabilities
- Equity Attributable to the Company
- Non-Controlling Interests
Underwriting Profit and Acquisition Expenses Ratio
Operating Expenses and Operating Expenses Ratio
Non-Insurance Income and ROI
Profit of the Company, ROA and ROE
Balance Sheet (THB m)
- Cash and Investment Assets
- Others assets
- Insurance Reserve
- Others Liabilities
- Equity Attributable to the Company
- Non-Controlling Interests
Capital Adequacy Ratio (%)
-
|
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
Statements of financial position (THB m) |
Assets |
32,673 |
26,344 |
12,817 |
13,566 |
14,224 |
12,328 |
- Cash, cash equivalents, and investment assets
|
18,384 |
14,281 |
8,164 |
8,213 |
9,130 |
7,563 |
Liabilities |
29,467 |
24,358 |
10,048 |
9,588 |
8,977 |
7,463 |
|
20,307 |
15,652 |
4,300 |
4,223 |
4,183 |
3,618 |
Shareholders' Equity |
3,206 |
1,985 |
2,769 |
3,979 |
5,247 |
4,865 |
- Non-Controlling Interests
|
0 |
0 |
0 |
0 |
0 |
0 |
|
3,206 |
1,985 |
2,769 |
3,979 |
5,247 |
4,865 |
Income Statement (THB m) |
Gross Premium Written |
5,116 |
4,530 |
4,714 |
5,262 |
5,183 |
4,903 |
Net Premium Written |
4,229 |
4,176 |
4,462 |
3,314 |
3,404 |
3,041 |
|
1,046 |
859 |
815 |
778 |
1,271 |
1,349 |
|
3,183 |
3,317 |
3,647 |
2,536 |
2,133 |
1,691 |
Net Earned Premium |
4,315 |
4,176 |
4,426 |
4,112 |
3,349 |
3,171 |
Net Claims |
8,722 |
7,015 |
4,478 |
1,794 |
1,461 |
1,485 |
Acquisition Expenses |
1,829 |
1,781 |
1,931 |
1,910 |
1,438 |
1,661 |
Underwriting Profit |
|
|
|
|
|
|
|
-6,237 |
-4,619 |
-1,983 |
408 |
450 |
25 |
|
-6 |
192 |
189 |
408 |
450 |
25 |
Operating Expenses |
122 |
138 |
189 |
142 |
200 |
211 |
Net Non-Insurance Income |
1,014 |
3,279 |
1,452 |
1,555 |
792 |
1,359 |
Interest Expenses |
0 |
0 |
0 |
0 |
0 |
0 |
EBT |
-5,344 |
-1,478 |
-719 |
1,821 |
1,042 |
1,172 |
Income Tax (Revenue) Expense |
-1,075 |
-363 |
676 |
324 |
167 |
541 |
Non-Controlling Interests |
0 |
0 |
0 |
0 |
0 |
0 |
Profit of the Company |
-4,269 |
-1,116 |
-1,395 |
1,497 |
875 |
631 |
Per Share Basis (THB/share) |
EPS |
-1.415 |
-0.318 |
-0.37 |
0.36 |
0.21 |
0.15 |
DPS |
0 |
0 |
0 |
0 |
0.15 |
0.10 |
BVPS |
0.91 |
0.57 |
0.66 |
0.94 |
1.24 |
1.15 |
Key Ratio |
Profitability |
|
|
|
|
|
|
Net Loss Ratio |
202.2 |
168.0 |
101.2 |
43.6 |
43.6 |
46.8 |
Acquisition Expenses Ratio |
42.4 |
42.6 |
42.7 |
46.5 |
42.9 |
52.4 |
Operating Expenses Ratio |
2.9 |
3.3 |
4.2 |
3.5 |
6.0 |
6.7 |
Combined Ratio |
|
|
|
|
|
|
|
247.5 |
213.9 |
148.1 |
93.6 |
92.5 |
105.9 |
|
103.0 |
98.7 |
99.0 |
93.6 |
92.5 |
105.9 |
ROI |
7.1 |
19.9 |
12.6 |
18.3 |
9.0 |
17.4 |
ROA |
-14.8 |
-3.8 |
-7.1 |
11.3 |
6.3 |
4.8 |
ROE |
-236.2 |
-43.0 |
-58.7 |
44.4 |
19.0 |
12.5 |
Solvency |
|
|
|
|
|
|
CAR (%) |
172 |
209 |
158 |
297 |
339 |
331 |
|
2012 |
2013 |
2014 |
2015 |
2016 |
2017 |
Statements of financial position (THB m) |
Assets |
33,642 |
27,910 |
14,682 |
15,112 |
14,418 |
12,395 |
- Cash, cash equivalents, and investment assets
|
18,895 |
15,282 |
9,378 |
9,875 |
9,124 |
7,404 |
Liabilities |
30,154 |
25,082 |
10,899 |
9,656 |
9,038 |
7,529 |
|
20,307 |
15,652 |
4,300 |
4,223 |
4,183 |
3,618 |
Shareholders' Equity |
3,489 |
2,828 |
3,782 |
5,456 |
5,380 |
4,866 |
- Non-Controlling Interests
|
13 |
555 |
728 |
44 |
60 |
0 |
|
3,476 |
2,273 |
3,054 |
5,412 |
5,320 |
4,866 |
Income Statement (THB m) |
Gross Premium Written |
5,116 |
4,530 |
4,714 |
5,262 |
5,183 |
4,903 |
Net Premium Written |
4,229 |
4,176 |
4,462 |
3,314 |
3,404 |
3,041 |
|
1,046 |
859 |
815 |
778 |
1,271 |
1,349 |
|
3,183 |
3,317 |
3,647 |
2,536 |
2,133 |
1,691 |
Net Earned Premium |
4,315 |
4,176 |
4,426 |
4,112 |
3,349 |
3,171 |
Net Claims |
8,722 |
7,015 |
4,478 |
1,794 |
1,461 |
1,485 |
Acquisition Expenses |
1,828 |
1,782 |
1,930 |
1,910 |
1,438 |
1,661 |
Underwriting Profit |
|
|
|
|
|
|
|
-6,236 |
-4,620 |
-1,982 |
408 |
451 |
25 |
|
-5 |
180 |
190 |
408 |
451 |
25 |
Operating Expenses |
134 |
126 |
180 |
132 |
187 |
199 |
Net Non-Insurance Income |
1,033 |
1,262 |
947 |
3,096 |
108 |
446 |
Interest Expenses |
|
|
|
|
|
|
EBT |
-5,337 |
-3,484 |
-1,215 |
3,372 |
372 |
272 |
Income Tax (Revenue) Expense |
-996 |
-730 |
536 |
642 |
69 |
368 |
Non-Controlling Interests |
8 |
45 |
202 |
74 |
25 |
15 |
Profit of the Company |
-4,349 |
-2,799 |
-1,953 |
2,655 |
278 |
-111 |
Per Share Basis (THB/share) |
EPS |
-1.44 |
-0.80 |
-0.52 |
0.63 |
0.07 |
-0.03 |
DPS |
0 |
0 |
0 |
0 |
0.15 |
0.10 |
BVPS |
0.99 |
0.65 |
0.72 |
1.28 |
1.26 |
1.15 |
Key Ratio |
Profitability |
|
|
|
|
|
|
Net Loss Ratio |
202.2 |
168.0 |
101.2 |
43.6 |
43.6 |
46.8 |
Acquisition Expenses Ratio |
42.1 |
42.4 |
43.3 |
46.4 |
42.9 |
52.4 |
Operating Expenses Ratio |
3.1 |
3.6 |
3.4 |
3.2 |
5.6 |
6.3 |
Combined Ratio |
|
|
|
|
|
|
|
247.4 |
213.9 |
147.9 |
93.2 |
92.1 |
105.5 |
|
102.8 |
98.7 |
98.8 |
93.2 |
92.1 |
105.5 |
ROI |
5.3 |
4.6 |
4.7 |
28.9 |
0.9 |
5.1 |
ROA |
-14.7 |
-9.1 |
-9.2 |
17.8 |
2.1 |
-0.7 |
ROE |
-206.9 |
-97.4 |
-73.3 |
62.7 |
5.2 |
-2.2 |
Solvency |
|
|
|
|
|
|
CAR (%) |
172 |
209 |
158 |
297 |
339 |
331 |