Company Summary
2S 2S METAL PUBLIC COMPANY LIMITED
Industrials/Steel and Metal Products
SET
CG Report:   
 
  Data as of 05 Aug 2022  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
3.74 6.59 / 3.44 3.81 0.88 550.00 2,056.98 1,725.50 70.07 2.37
News
Date/Time Subject
20 May 2022 08:20   New shares of 2S to be traded on May 23, 2022
18 May 2022 17:00   Report on the result of stock dividend allocation (F53-5) (edit)
18 May 2022 12:43   Report on the result of stock dividend allocation (F53-5)
12 May 2022 17:51   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
12 May 2022 17:50   Financial Performance Quarter 1 (F45) (Reviewed)
more

Company Profile
Address 8/5 Moo 14, Tha-change, Bangklam District Songkhla 90110
Telephone 0-7480-0111
Fax 0-7480-1286
URL http://www.ss.co.th
  Annual Report 2021
Establish Date 29/05/1992 Listed Date 02/09/2009
IPO Price (Baht) 1.90 @Par1.00 Baht
IPO Financial Advisory
  • COUNTRY GROUP SECURITIES PUBLIC COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change N/A

    Market/Industry/Sector Change
    Effective Date 21/06/2021
    Previous Market/Industry/Sector mai  / Industrial / Industrial
    Current Market/Industry/Sector SET  / Industrials / Steel and Metal Products

    Business
    Manufacturing and Distribution of steel products

    Free Float 16 Mar 2022 12 Mar 2021
    % /Shareholders
    57.50% 2,887 58.11% 1,558
    Foreign Shareholders 0.47% (As of 05/08/2022) Foreign Limit 49.00%
    NVDR Shareholders  1.59% (As of 05/08/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 2.75 2.64 1.16
    20 Days -1.06 -0.44 -4.75
    60 Days -25.20 -10.74 -23.23
    120 Days -25.87 -6.81 -22.49
    YTD -24.51 -8.27 -21.85
    P/E (X) 3.81 4.70 18.59
    P/BV (X) 0.88 0.76 1.68
    Turnover Ratio (%) 0.02 0.11 0.71

    Top 10 Major Shareholders(@16 Mar 2022) Share %
    1. นาย สมบัติ ลีสวัสดิ์ตระกูล 95,234,050 19.05
    2. MR. SANGRUNG NITIPAVACHON 29,109,087 5.82
    3. MR. PREEDA WONGSATITPORN 22,397,165 4.48
    4. น.ส. ธนิกา ตั้งพูนผลวิวัฒน์ 20,048,000 4.01
    5. น.ส. นิสาภ์ รุ่งรัตนาอุบล 17,962,500 3.59
    6. น.ส. บุญศรี ปัญญาเปี่ยมศักดิ์ 15,417,277 3.08
    7. น.ส. อัมพร นิติภาวะชน 15,248,348 3.05
    8. นาย สันต์ อมรเลิศวิมาน 15,134,415 3.03
    9. นาย วิเชียร ศรีมุนินทร์นิมิต 15,000,000 3.00
    10. น.ส. SIWAPORN NITIPAVACHON 14,104,124 2.82

    Management Position
    1. Mr. KUNCHIT SINGSUWAN CHAIRMAN / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    2. Mr. SOMBAT LEESWADTRAKUL CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. SURAPON SATIMANONT VICE CHAIRMAN / INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    4. Mr. SANGRUNG NITIPAWACHON MANAGING DIRECTOR / DIRECTOR
    5. Miss BUNSRI PANYAPIAMSAK DIRECTOR
    6. Mr. TANATAT CHAWALDIT DIRECTOR
    7. Mr. PREEDA WONGSATITPORN DIRECTOR
    8. Mrs. CHINTANA TECHAMONTRIKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. GEN. PHAIRAT PHOUBON INDEPENDENT DIRECTOR
    10. Mr. WORAVIT CHAILIMPAMONTRI INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    05 Aug 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 550.00  500.00  450.00 
    Market Cap (MB.) 2,056.98  2,724.99  1,890.00 
    Price (B./share) 3.74  4.95  3.44 
    BVPS (B./Share) 4.24  4.47  3.68 
    P/BV (X) 0.88  1.22  1.14 
    P/E (X) 3.81  3.46  5.92 
    Turnover Ratio (%) 20.57  73.14  16.94 
    Value Trade/Day (MB.) 3.99  8.90  0.95 
    Beta 0.92  0.95  0.62 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -24.51  44.18  110.00 
    Dividend Yield (%) 11.42  4.13  3.33 
    Payout Ratio 0.44  0.27  0.10 
    Dividend Policy At least 40% of net profit after corporate income tax of the Company's Financial Statements and after statutory reserve and other reserve as specified by the Company (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 10.00 : 1.00 Share 19 May 2022 Stock
    01 Jan 2021 - 31 Dec 2021 0.27 Baht 19 May 2022 Cash
    01 Jan 2021 - 30 Jun 2021 0.20 Baht 06 Sep 2021 Cash
    01 Jan 2020 - 31 Dec 2020 9.00 : 1.00 Share 20 May 2021 Stock
    01 Jan 2020 - 31 Dec 2020 0.25 Baht 20 May 2021 Cash
    01 Jul 2019 - 31 Dec 2019 0.07 Baht 21 Apr 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.07 Baht 12 Sep 2019 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MISS KANYANAT SRIRATCHATCHAVAL/GRANT THORNTON CO., LTD.
    Ms. LAKSHMI DEETRAKULWATTANAPHOL/GRANT THORNTON CO., LTD.
    Ms. KESANEE SRATHONGPHOOL/GRANT THORNTON CO., LTD.
    MISS SARANYA AKHARAMAHAPHANIT/GRANT THORNTON CO., LTD.
    MISS AMORNJID BAOLORPET/GRANT THORNTON CO., LTD.
    		F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 3M/2022 
    (01/01/22 
    -31/03/22)     		 3M/2021 
    (01/01/21 
    -31/03/21)     		 2021 
    (01/01/21 
    -31/12/21)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 610.04 106.52 352.59 132.11 131.85
    A/R Net 421.23 368.88 363.56 275.39 349.08
    Inventories 911.11 592.53 1,105.14 1,056.06 557.25
    Current Assets 1,989.04 1,551.69 1,831.07 1,492.26 1,187.55
    PP&E Net 592.10 602.47 593.13 605.19 558.29
    Non-Current Assets 624.22 702.56 626.43 712.68 578.96
    Total Assets 2,613.26 2,254.25 2,457.50 2,204.94 1,766.51
    OD - - - 176.24 282.23
    A/P Net 145.19 62.46 30.23 149.09 28.61
    Current portion of LT - - - - -
    Current Liabilities 244.22 211.87 143.72 408.25 350.38
    Non-Current Liabilities 35.52 40.70 35.95 41.08 38.46
    Total Liabilities 279.74 252.57 179.68 449.33 388.84
    Authorized Capital 500.00 550.00 500.00 550.00 550.00
    Paid-Up Capital 500.00 450.00 500.00 450.00 450.00
    Premium (Discount) on Share Capital 121.76 121.76 121.76 121.76 121.76
    Retained Earnings (Deficit) 1,683.75 1,406.83 1,634.63 1,159.61 780.95
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 29.19 24.67 22.87 26.11 26.84
     - Surplus (Deficits) - - - - 26.84
    Shareholders' Equity 2,334.70 2,003.26 2,279.26 1,757.48 1,379.55
    Minority Interest -1.18 -1.58 -1.44 -1.88 -1.89
    more
    Statement of Comprehensive Income (MB.) 3M/2022 
    (01/01/22 
    -31/03/22)     		 3M/2021 
    (01/01/21 
    -31/03/21)     		 2021 
    (01/01/21 
    -31/12/21)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 1,860.59 1,681.72 6,520.81 5,603.02 5,396.27
    Other Income 10.92 6.05 32.51 20.84 16.19
    Total Revenues 1,872.20 1,688.28 6,555.13 5,625.92 5,413.94
    Costs 1,748.08 1,324.72 5,371.70 4,865.66 4,989.97
    Selling And Administrative Expenses 62.25 57.51 235.32 247.51 243.84
    Total Cost And Expenses 1,810.33 1,382.24 5,607.02 5,113.17 5,233.81
    EBITDA 70.07 317.78 975.41 538.65 212.12
    Depre. & Amor. 12.27 11.96 49.01 46.68 42.22
    EBIT 57.80 305.82 926.40 491.97 169.90
    Net Profit : Owners Of The Parent 49.12 247.21 737.51 410.17 133.38
    EPS (B.) 0.10 0.55 1.47 0.91 0.30
    more
    Statement of Cash Flow (MB.) 3M/2022 
    (01/01/22 
    -31/03/22)     		 3M/2021 
    (01/01/21 
    -31/03/21)     		 2021 
    (01/01/21 
    -31/12/21)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 270.17 154.17 574.19 306.21 333.63
    Investing Cash Flow -9.74 -1.33 37.98 -166.41 -31.32
    Financing Cash Flow -0.74 -176.95 -391.51 -138.78 -232.54
    Net Cash Flow 259.69 -24.11 220.66 1.01 69.77
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 8.14 7.32 12.74 3.66
    ROE (%) 24.87 30.35 36.54 26.15
    ROA (%) 27.87 31.02 39.74 24.78
    D/E (X) 0.12 0.13 0.08 0.26
    Total Asset Turnover (X) 2.77 2.79 2.81 2.83
    Gross Profit Margin (%) 6.05 21.23 17.62 13.16
    EBIT Margin (%) 3.09 18.11 14.13 8.74
    Net Profit Margin (%) 2.62 14.66 11.26 7.29

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    18 May 2022 XD 49,998,008 549,995,954 1.00
    18 May 2021 XD 49,998,851 499,997,946 1.00

    Growth Rate (%) 3M/2022  3M/2021  2021  2020 
    Sales Growth 10.64 13.33 16.38 3.83
    COGs Growth 31.96 3.15 10.40 -2.49
    Total Revenue Growth 10.89 13.39 16.52 3.92
    Total Expense Growth 30.97 2.54 9.66 -2.31
    Net Profit Growth -80.13 90.86 79.81 207.51

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 16.96 15.64 20.41 17.94
    Avg. Collection Period (Days) 21.52 23.34 17.88 20.34
    Inventory Turnover (Times) 7.71 8.66 4.97 6.03
    Avg. Inventory Period (Days) 47.35 42.17 73.43 60.51
    A/P Turnover (Times) 55.81 97.90 59.91 54.76
    Avg. Payment Period (Days) 6.54 3.73 6.09 6.66
    Cash Cycle (Days) 62.34 61.78 85.22 74.19


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    Only Preferred Share and Warrants
    Other Securities
    Securities Name -

    Remark - Calculated from adjusted price
      - Presented and calculated from the consolidated statement and displayed as cumulative quarterly statement by fiscal year (Company statement will be presented and calculated incase consolidated statement is not available.)
      - The information is quarterly updated within 7 business days after the new financial statement is submitted.
      -
         		 Information on the financial statements is presented according to the information that the listed companies submit on that period. The investors should study additional information from the companies' financial statements since some companies may restate the comparing financial statements on the latest financial statements.
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