Cash flow Advanced Info Service

Equities

ADVANC

TH0268010Z03

Wireless Telecommunications Services

End-of-day quote Thailand S.E. Other stock markets 13/09/2024			5-day change	1st Jan Change
260.00 ^THB	+0.39%		-3.35%	+19.82%

07/08	Transcript : Advanced Info Service Public Company Limited, Q2 2024 Earnings Call, Aug 07, 2024
06/08	Advanced Info Service Public Company Limited Announces Interim Cash Dividend for the Operating Period from January 1, 2024 to June 30, 2024, Payable on September 3, 2024	CI

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Published financial data: ADVANCED INFO SERVICE

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2019	2020	2021	2022	2023
Revenues	181B	173B	181B	185B	189B
Total Revenues	181B	173B	181B	185B	189B
Cost of Goods Sold, Total	112B	111B	121B	126B	125B
Gross Profit	68.99B	62.04B	59.88B	59.31B	63.49B
Selling General & Admin Expenses, Total	27.88B	24.5B	21.85B	22.49B	23.07B
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	27.88B	24.5B	21.85B	22.49B	23.07B
Operating Income	41.11B	37.54B	38.03B	36.83B	40.41B
Interest Expense, Total	-4.69B	-5.83B	-5.54B	-5.15B	-6B
Interest And Investment Income	198M	320M	217M	126M	160M
Net Interest Expenses	-4.49B	-5.51B	-5.32B	-5.02B	-5.85B
Income (Loss) On Equity Invest.	-85.87M	-70.31M	-141M	-36.22M	168M
Currency Exchange Gains (Loss)	308M	140M	-1.49B	-344M	327M
Other Non Operating Income (Expenses)	561M	425M	1.81B	757M	933M
EBT, Excl. Unusual Items	37.4B	32.53B	32.89B	32.18B	36B
Asset Writedown	-	-	-	-	-
EBT, Incl. Unusual Items	37.4B	32.53B	32.89B	32.18B	36B
Income Tax Expense	6.21B	5.09B	5.97B	6.17B	6.91B
Earnings From Continuing Operations	31.19B	27.44B	26.92B	26.01B	29.09B
Net Income to Company	31.19B	27.44B	26.92B	26.01B	29.09B
Minority Interest	-2.95M	-2.89M	-2.32M	-2.62M	-2.83M
Net Income - (IS)	31.19B	27.43B	26.92B	26.01B	29.09B
Net Income to Common Incl Extra Items	31.19B	27.43B	26.92B	26.01B	29.09B
Net Income to Common Excl. Extra Items	31.19B	27.43B	26.92B	26.01B	29.09B
Per Share Items
Net EPS - Basic	10.49	9.23	9.05	8.75	9.78
Basic EPS - Continuing Operations	10.49	9.23	9.05	8.75	9.78
Basic Weighted Average Shares Outstanding	2.97B	2.97B	2.97B	2.97B	2.97B
Net EPS - Diluted	10.49	9.23	9.05	8.75	9.78
Diluted EPS - Continuing Operations	10.49	9.23	9.05	8.75	9.78
Diluted Weighted Average Shares Outstanding	2.97B	2.97B	2.97B	2.97B	2.97B
Normalized Basic EPS	7.86	6.84	6.91	6.76	7.56
Normalized Diluted EPS	7.86	6.83	6.91	6.76	7.56
Dividend Per Share	7.34	6.92	7.69	7.69	8.61
Payout Ratio	67.49	73.7	78.75	87.92	84.26
American Depositary Receipts Ratio (ADR)	1	1	1	1	1
Supplemental Items
EBITDA	77.2B	75.41B	76.84B	74.27B	76.82B
EBITA	49.86B	47.26B	49.79B	48.88B	52.63B
EBIT	41.11B	37.54B	38.03B	36.83B	40.41B
EBITDAR	93.98B	75.49B	76.98B	74.41B	76.99B
Total Revenues (As Reported)	181B	173B	181B	185B	189B
Effective Tax Rate - (Ratio)	16.6	15.64	18.15	19.17	19.19
Current Domestic Taxes	-	-	-	-	-
Total Current Taxes	6.88B	5.45B	6.18B	6.74B	7.72B
Deferred Domestic Taxes	-	-	-	-	-
Total Deferred Taxes	-675M	-362M	-215M	-576M	-809M
Normalized Net Income	23.37B	20.33B	20.56B	20.11B	22.5B
Interest on Long-Term Debt	216M	1.63B	1.56B	1.42B	2.03B
Non-Cash Pension Expense	723M	73M	60M	63M	93M
Supplemental Operating Expense Items
Marketing Expenses	-	-	-	-	5.42B
Selling and Marketing Expenses	7.86B	6.6B	6.04B	7.03B	5.78B
General and Administrative Expenses	20.02B	17.9B	15.81B	15.46B	17.19B
Net Rental Expense, Total	16.77B	81M	135M	136M	165M
Imputed Operating Lease Interest Expense	6.19B	30.03M	40.25M	41.76M	42.73M
Imputed Operating Lease Depreciation	10.58B	50.97M	94.75M	94.24M	122M
Stock-Based Comp., G&A Exp. (Total)	4M	3M	1M	-	-
Stock-Based Comp., Other (Total)	21.79M	14.63M	7.13M	1.97M	-
Total Stock-Based Compensation	25.79M	17.63M	8.13M	1.97M	-

Fiscal Period: December	2019	2020	2021	2022	2023
Assets
Cash And Equivalents	19.64B	18.42B	12.74B	9.01B	14.74B
Short Term Investments	-	-	-	2M	-
Total Cash And Short Term Investments	19.64B	18.42B	12.74B	9.02B	14.74B
Accounts Receivable, Total	18.24B	18.1B	17.09B	18.57B	20.17B
Other Receivables	427M	101M	193M	209M	867M
Notes Receivable	-	-	-	-	-
Total Receivables	18.67B	18.2B	17.28B	18.77B	21.04B
Inventory	4.83B	2.37B	2.1B	3.84B	4.15B
Prepaid Expenses	1.82B	1.03B	1.09B	1.28B	1.16B
Other Current Assets, Total	2.19B	2.13B	2.35B	1.43B	752M
Total Current Assets	47.14B	42.16B	35.57B	34.34B	41.84B
Gross Property Plant And Equipment	242B	337B	360B	368B	474B
Accumulated Depreciation	-116B	-156B	-192B	-212B	-233B
Net Property Plant And Equipment	126B	181B	168B	156B	240B
Long-term Investments	716M	941M	1.09B	1.22B	12.64B
Goodwill	2.88B	2.88B	2.88B	2.88B	12.17B
Other Intangibles, Total	109B	117B	143B	137B	142B
Loans Receivable Long-Term	-	-	100M	100M	185M
Deferred Tax Assets Long-Term	3.49B	4.12B	4.24B	4.6B	3.7B
Other Long-Term Assets, Total	1.39B	1.49B	1.29B	1.2B	1.4B
Total Assets	290B	350B	356B	337B	454B
Liabilities
Accounts Payable, Total	22.04B	22.38B	26.74B	24.22B	16.03B
Accrued Expenses, Total	23.56B	22.21B	20.28B	20.07B	22.22B
Short-term Borrowings	-	4.9B	-	5B	41.98B
Current Portion of Long-Term Debt	24.82B	13.85B	14.13B	15.51B	15.43B
Current Portion of Leases	53M	10.21B	10.54B	11.14B	15.06B
Current Income Taxes Payable	2.89B	1.87B	2.28B	2.69B	3.46B
Unearned Revenue Current, Total	4.19B	4.35B	4.07B	3.7B	3.16B
Other Current Liabilities	27.7B	14.04B	13.83B	14.03B	16.31B
Total Current Liabilities	105B	93.81B	91.87B	96.34B	134B
Long-Term Debt	69.14B	80.53B	74.42B	64.08B	69.88B
Long-Term Leases	28M	48.15B	40.6B	32.87B	100B
Pension & Other Post Retirement Benefits	2.86B	3.18B	3.33B	2.93B	3.26B
Other Non Current Liabilities	42.99B	48.81B	64.19B	55.01B	56.9B
Total Liabilities	220B	274B	274B	251B	364B
Common Stock, Total	2.97B	2.97B	2.97B	2.97B	2.97B
Additional Paid In Capital	22.39B	22.45B	22.51B	22.55B	22.55B
Retained Earnings	44.23B	51.38B	57.1B	60.68B	65.51B
Comprehensive Income and Other	-319M	-1.24B	-884M	-513M	-464M
Total Common Equity	69.27B	75.56B	81.7B	85.69B	90.58B
Minority Interest	128M	125M	126M	128M	101M
Total Equity	69.39B	75.69B	81.82B	85.82B	90.68B
Total Liabilities And Equity	290B	350B	356B	337B	454B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	2.97B	2.97B	2.97B	2.97B	2.97B
ECS Total Common Shares Outstanding	2.97B	2.97B	2.97B	2.97B	2.97B
Book Value / Share	23.3	25.41	27.47	28.81	30.46
Tangible Book Value	-42.16B	-44.66B	-63.82B	-53.79B	-63.65B
Tangible Book Value Per Share	-14.18	-15.02	-21.46	-18.09	-21.4
Total Debt	94.04B	158B	140B	129B	242B
Net Debt	74.41B	139B	127B	120B	228B
Debt Equivalent of Unfunded Proj. Benefit Obligation	2.86B	3.18B	3.33B	2.93B	3.26B
Debt Equivalent Oper. Leases	134B	648M	1.08B	1.09B	1.32B
Minority Interest, Total (Incl. Fin. Div)	128M	125M	126M	128M	101M
Equity Method Investments, Total	660M	831M	983M	994M	12.45B
Account Code - Inventory Valuation	6	6	6	6	6
Inventories - Raw Materials, Total	-	-	-	-	-
Inventories - Finished Goods, Total	4.92B	2.42B	2.13B	3.75B	3.6B
Inventories - Others	130M	125M	163M	283M	550M
Land - (BS)	703M	704M	704M	705M	735M
Buildings, Total	737M	740M	755M	751M	816M
Machinery, Total	234B	259B	276B	283B	315B
Full Time Employees	8.78K	-	-	-	-
Assets on Operating Lease - Gross	-	-	-	-	-
Assets on Operating Lease - Accumulated Depreciation	-	-	-	-	-
Accumulated Allowance for Doubtful Accounts (Supple)	1.76B	1.87B	1.68B	1.72B	1.98B

Fiscal Period: December	2019	2020	2021	2022	2023
Net Income	31.19B	27.43B	26.92B	26.01B	29.09B
Depreciation & Amortization - CF	27.34B	40.8B	39.83B	38.42B	37.57B
Amortization of Goodwill and Intangible Assets - (CF)	8.75B	9.71B	11.75B	12.05B	12.22B
Depreciation & Amortization, Total	36.09B	50.51B	51.58B	50.48B	49.79B
Amortization of Deferred Charges, Total - (CF)	1.14B	1.33B	1.79B	2.43B	3.09B
(Gain) Loss From Sale Of Asset	178M	37.61M	29.43M	26.77M	125M
(Gain) Loss on Sale of Investments - (CF)	1M	-	-	-11.07M	-434M
Asset Writedown & Restructuring Costs	952M	700M	636M	1.34B	1.58B
(Income) Loss On Equity Investments - (CF)	85.87M	70.31M	141M	36.22M	-168M
Stock-Based Compensation (CF)	25.79M	17.63M	8.13M	1.97M	-
Provision and Write-off of Bad Debts	2.52B	2.88B	2.07B	2.18B	2.05B
Other Operating Activities, Total	5.18B	4.69B	6.16B	5.63B	5.09B
Change In Accounts Receivable	-2.52B	-3.48B	-3.01B	-3.93B	-3.22B
Change In Inventories	-990M	2.5B	258M	-1.75B	59.45M
Change In Accounts Payable	1.9B	-1.06B	1.01B	-998M	-1.22B
Change in Unearned Revenues	225M	160M	-277M	-368M	-543M
Change in Other Net Operating Assets	645M	-162M	-686M	326M	2.35B
Cash from Operations	76.63B	85.63B	86.63B	81.4B	87.64B
Capital Expenditure	-23.03B	-28.06B	-25.79B	-32.32B	-37.09B
Sale of Property, Plant, and Equipment	76.69M	109M	111M	367M	137M
Cash Acquisitions	-	-	-	-	-16.01B
Sale (Purchase) of Intangible assets	-4.02B	-26.83B	-19.51B	-11.04B	-13.9B
Investment in Marketable and Equity Securities, Total	-8.06M	-247M	-300M	-155M	-11.21B
Other Investing Activities, Total	196M	335M	135M	150M	93.63M
Cash from Investing	-26.78B	-54.69B	-45.35B	-43B	-77.99B
Short Term Debt Issued, Total	-	4.9B	-	5B	33.6B
Long-Term Debt Issued, Total	2B	24B	8.6B	5.7B	20B
Total Debt Issued	2B	28.9B	8.6B	10.7B	53.6B
Short Term Debt Repaid, Total	-5.9B	-	-4.9B	-	-
Long-Term Debt Repaid, Total	-11.21B	-36.58B	-25.77B	-26.59B	-28.68B
Total Debt Repaid	-17.11B	-36.58B	-30.67B	-26.59B	-28.68B
Common Dividends Paid	-21.05B	-20.22B	-21.2B	-22.87B	-24.51B
Common & Preferred Stock Dividends Paid	-21.05B	-20.22B	-21.2B	-22.87B	-24.51B
Other Financing Activities, Total	-3.13B	-4.22B	-3.69B	-3.38B	-4.34B
Cash from Financing	-39.29B	-32.12B	-46.96B	-42.14B	-3.93B
Foreign Exchange Rate Adjustments	15.33M	-26.92M	-416K	3.93M	1.81M
Net Change in Cash	10.57B	-1.22B	-5.68B	-3.73B	5.73B
Supplemental Items
Cash Interest Paid	3.11B	4.22B	3.69B	3.38B	4.3B
Cash Income Tax Paid (Refund)	6.72B	6.47B	5.78B	6.36B	7B
Levered Free Cash Flow	56.02B	5.03B	31.65B	24.35B	18.1B
Unlevered Free Cash Flow	58.95B	8.67B	35.11B	27.57B	21.86B
Change In Net Working Capital	-23.05B	11.76B	-3.25B	4.99B	5.29B
Net Debt Issued / Repaid	-15.11B	-7.68B	-22.07B	-15.89B	24.92B

Fiscal Period: December	2019	2020	2021	2022	2023
Profitability
Return on Assets	8.86	7.33	6.73	6.64	6.38
Return on Total Capital	15.56	11.83	10.45	10.56	9.23
Return On Equity %	49.1	37.82	34.19	31.04	32.96
Return on Common Equity	49.2	37.88	34.24	31.08	33
Margin Analysis
Gross Profit Margin %	38.14	35.89	33.02	31.98	33.61
SG&A Margin	15.42	14.17	12.05	12.12	12.22
EBITDA Margin %	42.68	43.62	42.38	40.04	40.67
EBITA Margin %	27.56	27.33	27.46	26.35	27.87
EBIT Margin %	22.73	21.72	20.97	19.85	21.4
Income From Continuing Operations Margin %	17.24	15.87	14.85	14.02	15.4
Net Income Margin %	17.24	15.87	14.85	14.02	15.4
Net Avail. For Common Margin %	17.24	15.87	14.85	14.02	15.4
Normalized Net Income Margin	12.92	11.76	11.34	10.84	11.91
Levered Free Cash Flow Margin	30.97	2.91	17.45	13.13	9.59