Company Summary
ASEFA ASEFA PUBLIC COMPANY LIMITED
Industrials/Industrial Materials & Machinery
SET
CG Report:   
 
  Data as of 26 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
4.00 4.76 / 3.78 20.38 1.33 550.00 2,200.00 2,881.15 21.08 16.43
News
Date/Time Subject
12 May 2022 18:00   Financial Performance Quarter 1 (F45) (Reviewed)
12 May 2022 18:00   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
12 May 2022 17:59   Financial Statement Quarter 1/2022 (Reviewed)
05 May 2022 17:43   Publication of the Notice of 2022 Annual General Meeting of Shareholders on the Company's website.
26 Apr 2022 18:17   Minutes of the Annual General Shareholder's Meeting 2022
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Company Profile
Address 5 Moo 1, Rama II Road, Khok-krabue, Muang Samutsakhon Samut Sakhon 74000
Telephone 0-2686-7777
Fax 0-2686-7788
URL http://www.asefa.co.th
  Annual Report 2021
Establish Date 1997 Listed Date 05/08/2015
IPO Price (Baht) 3.70 @Par1.00 Baht
IPO Financial Advisory
  • FINANSIA SYRUS SECURITIES PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    ASEFA Public Company Limited ("the Company") operate 4 core businesses; 1) Manufacture and distribute switchboards, including switchboards designed and developed by the company under brand "ASEFA" and licensed switchboards from Schneider Electric Industries S.A. and Socomec S.A. that are type-tested switchboards that the Company needs to manufacture strictly to the design with specific components from the licensors,2) Distribute other related electrical components, electrical and control products and electrical power distribution products,3) Integrated engineering services and after sales services,4) Power plant demolition which is the revenue from sales of scrap or equipments from demolition of Bang Pakong Combined Cycle Power Plant unit 1 and unit 2 which is operated by the joint venture named "Asefa Suntech Joint Venture".

    Free Float 07 Mar 2022 05 Mar 2021
    % /Shareholders
    29.05% 3,300 29.20% 2,632
    Foreign Shareholders 2.15% (As of 26/05/2022) Foreign Limit 49.00%
    NVDR Shareholders  0.17% (As of 26/05/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.01 -9.54 -0.71
    20 Days -9.09 -14.76 -7.13
    60 Days -8.68 -13.72 -6.09
    120 Days - -2.19 -1.42
    YTD -2.91 -6.33 -1.49
    P/E (X) 20.38 27.86 19.21
    P/BV (X) 1.33 2.79 1.72
    Turnover Ratio (%) 0.01 0.80 0.97

    Top 10 Major Shareholders(@10 May 2022) Share %
    1. นาย PHAIBOON UNGKANAKORNKUL 173,560,000 31.56
    2. MR. SA-NGEAM KLOMCHITCHAROEN 60,265,700 10.96
    3. นาย พรชัย อุไรสินธว์ 59,658,900 10.85
    4. MR. CHAIRAT TANGTIVAJA 58,780,000 10.69
    5. น.ส. วันทนา ฐานวิเศษ 26,440,000 4.81
    6. น.ส. PORNTIP UNKANAKORNKUL 20,599,200 3.75
    7. N.C.B.TRUST LIMITED-CBLDN-OP CUSTODY LTD CLIENT A/C EUR 8,825,300 1.60
    8. FWD LIFE INSURANCE PUBLIC COMPANY LIMITED 6,957,200 1.26
    9. MISS THATSANI CHAOWACHIWAKASET 4,546,900 0.83
    10. บริษัท ASEFA PUBLIC COMPANY LIMITED 4,351,700 0.79

    Management Position
    1. Mr. SORACIT PHUNGSUK CHAIRMAN / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    2. Mr. PHAIBOON UNGKANAKORNKUL CHAIRMAN OF THE EXECUTIVE BOARD / MANAGING DIRECTOR / DIRECTOR
    3. Mr. CHAIRAT TANGTIVAJA DIRECTOR
    4. Mr. SA-NGEAM KLOMCHITCHAROEN DIRECTOR
    5. Mr. PORNCHAI URAISIN DIRECTOR
    6. Mr. PRASIT PITTAYAPAT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. Mr. THANOMSAK CHOTIKAPRAKAI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    26 May 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 550.00  550.00  550.00 
    Market Cap (MB.) 2,200.00  2,266.00  1,892.00 
    Price (B./share) 4.00  4.12  3.44 
    BVPS (B./Share) 3.02  2.93  2.88 
    P/BV (X) 1.33  1.41  1.19 
    P/E (X) 20.38  12.12  12.14 
    Turnover Ratio (%) 5.18  14.87  10.85 
    Value Trade/Day (MB.) 1.31  1.51  0.77 
    Beta 0.42  0.33  0.59 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -2.91  19.77  2.38 
    Dividend Yield (%) 5.50  6.80  5.86 
    Payout Ratio 1.12  0.82  0.71 
    Dividend Policy Not less than 50 percent of the net profit according to the separate financial statements after deduction of reserves (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.22 Baht 25 May 2022 Cash
    01 Jan 2020 - 31 Dec 2020 0.28 Baht 20 May 2021 Cash
    01 Jan 2019 - 31 Dec 2019 0.20 Baht 23 Apr 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. SATHIEN VONGSNAN/ANS AUDIT CO., LTD.
    MR. ATIPONG ATIPONGSAKUL/ANS AUDIT CO., LTD.
    MR. VICHAI RUCHITANONT/ANS AUDIT CO., LTD.
    MS. KULTIDA PASURAKUL/ANS AUDIT CO., LTD.
    Ms. KANITTHA SIRIPATTANASOMCHAI/ANS AUDIT 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 84.98 207.33 73.93 157.52 104.09
    A/R Net 498.60 492.07 600.21 636.20 564.16
    Inventories 684.39 584.34 609.58 612.17 529.41
    Current Assets 1,600.26 1,444.93 1,585.06 1,694.61 1,348.56
    PP&E Net 592.86 610.59 596.16 619.94 657.46
    Non-Current Assets 811.44 772.13 886.77 780.78 792.87
    Total Assets 2,411.70 2,217.06 2,471.83 2,475.39 2,141.43
    OD 50.00 - 150.00 110.00 15.49
    A/P Net 551.49 398.31 571.83 657.32 529.43
    Current portion of LT - - - - -
    Current Liabilities 733.29 490.97 798.12 785.25 552.02
    Non-Current Liabilities 62.49 51.30 61.54 48.39 35.81
    Total Liabilities 795.78 542.27 859.66 833.64 587.84
    Authorized Capital 550.00 550.00 550.00 550.00 550.00
    Paid-Up Capital 550.00 550.00 550.00 550.00 550.00
    Premium (Discount) on Share Capital 386.70 386.70 386.70 386.70 386.70
    Retained Earnings (Deficit) 720.38 773.33 711.52 737.06 634.58
    Treasury Stock 13.50 13.50 13.50 13.50 -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 1.98 1.98 1.98 1.98 1.98
     - Surplus (Deficits) 1.98 1.98 1.98 1.98 1.98
    Shareholders' Equity 1,645.57 1,698.52 1,636.71 1,662.25 1,573.27
    Minority Interest -29.65 -23.73 -24.54 -20.51 -19.67
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    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 533.85 625.52 2,599.01 2,688.89 2,551.08
    Other Income 4.90 5.38 33.09 23.46 11.06
    Total Revenues 538.75 630.90 2,632.10 2,712.35 2,562.14
    Costs 444.88 496.05 2,118.61 2,113.69 2,018.96
    Selling And Administrative Expenses 82.96 85.94 343.89 342.16 371.15
    Total Cost And Expenses 527.84 582.00 2,462.50 2,455.86 2,390.11
    EBITDA 21.08 60.38 214.70 305.17 222.66
    Depre. & Amor. 10.16 11.47 45.10 48.67 50.63
    EBIT 10.92 48.91 169.60 256.50 172.03
    Net Profit : Owners Of The Parent 8.86 40.10 138.34 218.50 143.61
    EPS (B.) 0.02 0.07 0.25 0.40 0.26
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    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 113.01 171.01 167.01 106.19 490.42
    Investing Cash Flow 3.18 -8.25 -133.09 -22.01 -54.15
    Financing Cash Flow -105.14 -112.95 -117.51 -30.74 -417.85
    Net Cash Flow 11.05 49.81 -83.59 53.43 18.42
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 2.18 2.94 1.99 2.16
    ROE (%) 6.41 13.22 8.39 13.51
    ROA (%) 5.69 11.22 6.86 11.11
    D/E (X) 0.49 0.32 0.53 0.51
    Total Asset Turnover (X) 1.10 1.22 1.06 1.17
    Gross Profit Margin (%) 16.67 20.70 18.48 21.39
    EBIT Margin (%) 2.03 7.75 6.44 9.46
    Net Profit Margin (%) 1.53 6.24 5.20 8.03

    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 -14.66 -5.66 -3.34 5.40
    COGs Growth -10.32 -5.34 0.23 4.69
    Total Revenue Growth -14.61 -5.32 -2.96 5.86
    Total Expense Growth -9.31 -4.17 0.27 2.75
    Net Profit Growth -77.92 -14.56 -36.69 52.15

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 5.06 5.01 4.20 4.48
    Avg. Collection Period (Days) 72.11 72.90 86.82 81.47
    Inventory Turnover (Times) 3.26 3.82 3.47 3.70
    Avg. Inventory Period (Days) 112.00 95.51 105.24 98.57
    A/P Turnover (Times) 4.35 4.54 3.45 3.56
    Avg. Payment Period (Days) 83.84 80.42 105.88 102.47
    Cash Cycle (Days) 100.26 87.99 86.18 77.57


    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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