Company Summary
ACE ABSOLUTE CLEAN ENERGY PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET100
CG Report:   
 
  Data as of 24 May 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
2.90 4.60 / 2.74 20.10 2.16 5,088.00 29,510.40 34,163.45 557.32 14.30
News
Date/Time Subject
12 May 2022 18:17   Notification of Publishing the Minutes of the 2022 Annual General Meeting of Shareholders
11 May 2022 19:09   Financial Statement Quarter 1/2022 (Reviewed)
11 May 2022 19:09   Financial Performance Quarter 1 (F45) (Reviewed)
11 May 2022 19:09   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
28 Apr 2022 19:31   Shareholders meeting's resolution
more

Company Profile
Address 140/6 ITF Tower 7th Floor Silom Rd., Suriyawong, Bangrak Bangkok 10500
Telephone 0-2233-2559
Fax -
URL http://www.ace-energy.co.th
  Annual Report 2021
Establish Date - Listed Date 13/11/2019
IPO Price (Baht) 4.40 @Par0.50 Baht
IPO Financial Advisory
  • TRINITY SECURITIES COMPANY LIMITED
  • Par 0.50 Baht
    Last Par Change N/A

    Business
    The Company is a holding company which hold investment in the generating and distributing of electricity and steam companies, and other supporting or related businesses. Advance Clean Power Co., Ltd. (ACP) which operated in Biomass Power Plant is the core company.

    Free Float 15 Mar 2022 12 Mar 2021
    % /Shareholders
    24.04% 20,479 22.62% 13,921
    Foreign Shareholders 2.87% (As of 24/05/2022) Foreign Limit 49.00%
    NVDR Shareholders  1.72% (As of 24/05/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 0.69 0.19 -0.03
    20 Days -8.23 -7.84 -4.60
    60 Days -5.84 -4.90 -3.73
    120 Days -20.77 -22.97 -19.62
    YTD -17.14 -17.29 -15.54
    P/E (X) 20.10 14.23 19.12
    P/BV (X) 2.16 1.51 1.71
    Turnover Ratio (%) 0.02 0.34 0.95

    Top 10 Major Shareholders(@15 Mar 2022) Share %
    1. MR. Wirachai Songmetta 2,282,528,920 22.43
    2. MR. Pornmett Songmetta 2,088,884,200 20.53
    3. MR. Teerawut Songmetta 1,820,563,120 17.89
    4. MR. Natt Songmetta 1,537,827,080 15.11
    5. THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED 363,451,540 3.57
    6. บริษัทหลักทรัพย์ SCBS STRATEGIC INVEST L 235,262,500 2.31
    7. บริษัท Thai NVDR Company Limited 190,328,158 1.87
    8. MORGAN STANLEY & CO. INTERNATIONAL PLC 96,000,000 0.94
    9. BNP PARIBAS SECURITIES SERVICES, LONDON BRANCH 86,130,000 0.85
    10. นาย อิศเรศ จิราธิวัฒน์ 75,820,800 0.75

    Management Position
    1. Mr. MONTON SUDPRASERT CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Miss JIRATHA SONGMETTA CHAIRMAN OF EXECUTIVE COMMITTEE / DIRECTOR
    3. Mr. TANACHAI BUNDITVORAPOOM CHIEF EXECUTIVE OFFICER / DIRECTOR
    4. Mr. TANAVIJIT ANKAPIPATCHAI DIRECTOR
    5. Mr. TEERAWUT SONGMETTA DIRECTOR
    6. Mr. PORNMETT SONGMETTA DIRECTOR
    7. Mr. CHAROON INTACHAN INDEPENDENT DIRECTOR
    8. Miss CHONTICHA CHITRARPORN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    9. Mrs. PATCHANEE SUTHEEVITANUNT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. NUEKRUK BAINGERN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    24 May 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 10,176.00  10,176.00  10,176.00 
    Market Cap (MB.) 29,510.40  35,616.00  37,040.64 
    Price (B./share) 2.90  3.50  3.64 
    BVPS (B./Share) 1.34  1.27  1.15 
    P/BV (X) 2.16  2.75  3.15 
    P/E (X) 20.10  25.58  24.71 
    Turnover Ratio (%) 21.46  165.30  81.81 
    Value Trade/Day (MB.) 75.34  271.14  117.35 
    Beta 0.88  0.71  0.86 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -17.14  -3.85  -13.74 
    Dividend Yield (%) 0.69  1.37  N/A 
    Payout Ratio 0.14  0.13  0.20 
    Dividend Policy Not less than 30 percent of the total net profit of the Company?s separate financial statements net of corporate income tax and legal reserve pursuant to the laws

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.02 Baht 11 May 2022 Cash
    01 Apr 2020 - 31 Dec 2020 0.018 Baht 13 May 2021 Cash
    - 0.03 Baht 15 Jun 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. VICHIEN KHINGMONTRI/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. KRIT CHATCHAVALWONG/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MISS SINSIRI THANGSOMBAT/PRICEWATERHOUSE COOPERS ABAS LIMITED
    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 563.88 741.86 890.75 482.89 71.92
    A/R Net 1,183.57 827.78 1,069.04 829.01 819.99
    Inventories 632.54 564.02 531.63 402.08 185.21
    Current Assets 2,562.58 2,246.74 2,671.92 1,841.24 1,434.61
    PP&E Net 10,473.23 9,463.57 10,261.29 9,095.28 8,059.37
    Non-Current Assets 16,292.39 15,228.53 16,068.28 14,588.45 12,710.56
    Total Assets 18,854.97 17,475.28 18,740.20 16,429.69 14,145.18
    OD 99.50 167.00 214.50 265.30 227.40
    A/P Net 435.80 343.97 327.80 268.96 249.42
    Current portion of LT 676.90 567.66 702.12 575.29 856.18
    Current Liabilities 1,273.22 1,167.50 1,327.20 1,212.73 1,373.21
    Non-Current Liabilities 3,887.14 3,954.62 4,044.43 3,224.12 1,978.93
    Total Liabilities 5,160.36 5,122.11 5,371.62 4,436.86 3,352.14
    Authorized Capital 5,488.00 5,488.00 5,488.00 5,488.00 5,488.00
    Paid-Up Capital 5,088.00 5,088.00 5,088.00 5,088.00 5,088.00
    Premium (Discount) on Share Capital 3,896.01 3,896.01 3,896.01 3,896.01 3,896.01
    Retained Earnings (Deficit) 4,676.92 3,392.04 4,354.21 3,031.71 1,831.92
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -22.89 -22.89 -22.89 -22.89 -22.89
     - Surplus (Deficits) -22.89 -22.89 -22.89 -22.89 -22.89
    Shareholders' Equity 13,638.04 12,353.16 13,315.33 11,992.83 10,793.04
    Minority Interest 56.57 - 53.25 - -
    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 1,621.02 1,314.09 5,726.92 5,858.14 5,055.27
    Other Income 3.73 2.01 12.75 180.82 32.90
    Total Revenues 1,624.76 1,316.10 5,739.67 6,038.96 5,088.17
    Costs 1,149.45 874.68 3,807.97 4,066.81 3,429.34
    Selling And Administrative Expenses 91.15 84.72 350.35 322.25 330.36
    Total Cost And Expenses 1,240.59 959.41 4,158.32 4,389.07 3,759.70
    EBITDA 557.32 585.15 2,416.51 2,197.96 1,752.09
    Depre. & Amor. 177.88 162.13 667.20 541.39 527.13
    EBIT 379.44 423.02 1,749.31 1,656.57 1,224.96
    Net Profit : Owners Of The Parent 322.71 360.33 1,505.68 1,507.64 815.31
    EPS (B.) 0.03 0.04 0.15 0.15 0.09
    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 461.70 450.75 1,868.65 1,894.52 1,618.60
    Investing Cash Flow -443.55 -777.15 -2,013.66 -1,644.46 -826.12
    Financing Cash Flow -345.02 585.37 552.87 160.91 -825.06
    Net Cash Flow -326.87 258.97 407.86 410.97 -32.58
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 2.01 1.92 2.01 1.52
    ROE (%) 11.30 10.74 11.90 13.23
    ROA (%) 9.39 8.80 9.95 10.84
    D/E (X) 0.38 0.41 0.40 0.37
    Total Asset Turnover (X) 0.33 0.37 0.33 0.40
    Gross Profit Margin (%) 29.09 33.44 33.51 30.58
    EBIT Margin (%) 23.35 32.14 30.48 27.43
    Net Profit Margin (%) 19.85 27.38 26.23 24.97

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    No Information Found

    Growth Rate (%) 3M/2022  3M/2021  2021  2020 
    Sales Growth 23.36 -2.50 -2.24 15.88
    COGs Growth 31.41 -4.92 -6.36 18.59
    Total Revenue Growth 23.45 -13.46 -4.96 18.69
    Total Expense Growth 29.31 -4.82 -5.26 16.74
    Net Profit Growth -10.44 -39.29 -0.13 84.92

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 6.00 7.03 6.03 7.11
    Avg. Collection Period (Days) 60.84 51.91 60.49 51.37
    Inventory Turnover (Times) 6.82 9.79 8.16 13.85
    Avg. Inventory Period (Days) 53.49 37.27 44.75 26.35
    A/P Turnover (Times) 10.47 12.58 12.76 15.69
    Avg. Payment Period (Days) 34.86 29.01 28.60 23.26
    Cash Cycle (Days) 79.47 60.17 76.63 54.46


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    No Information Found

    Market Alert (Latest)
    No Information Found
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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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