Company Summary
BGRIM B.GRIMM POWER PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET50 / SETCLMV / SETTHSI
CG Report:   
 
  Data as of 08 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
39.25 46.50 / 29.75 60.62 3.34 5,213.80 102,320.82 198,042.85 2,186.36 16.87
News
Date/Time Subject
18 Jul 2022 17:35   Commercial Operation Date (COD) of B.Grimm Power (Laem Chabang) 1 Limited with 140 MW installed capacity
08 Jul 2022 17:04   Investment in Sekong Investment Advisory Company Limited
15 Jun 2022 17:27   The Resolutions of the Board of Directors' Meeting regarding the appointment of Members of Management Committee
15 Jun 2022 17:26   Changing of CFO
10 Jun 2022 17:00   Investment update in renewable energy business in Malaysia (Initial Subscription)
more

Company Profile
Address No. 5 Grungthepgreetha Road, Hua Mhark, Bang Kapi Bangkok 10240
Telephone 0-2710-3400
Fax 0-2379-4245
URL http://www.bgrimmpower.com
  Annual Report 2021
Establish Date 1993 Listed Date 19/07/2017
IPO Price (Baht) 16.00 @Par2.00 Baht
IPO Financial Advisory
  • KASIKORN SECURITIES PUBLIC COMPANY LIMITED
  • BUALUANG SECURITIES PUBLIC COMPANY LIMITED
  • KIATNAKIN PHATRA SECURITIES PUBLIC COMPANY LIMITED
  • Par 2.00 Baht
    Last Par Change N/A

    Business
    A holding company holding shares in other companies of which core business is generation and sale of electricity and steam as well as in other relevant commercial activities, in Thailand and other countries

    Free Float 14 Mar 2022 12 Mar 2021
    % /Shareholders
    31.33% 46,067 36.01% 27,938
    Foreign Shareholders 39.86% (As of 08/08/2022) Foreign Limit 49.00%
    NVDR Shareholders  4.47% (As of 08/08/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - -1.05 -0.97
    20 Days 7.53 4.38 4.13
    60 Days 26.61 26.08 28.24
    120 Days 17.16 20.81 22.65
    YTD -3.09 -3.13 -0.15
    P/E (X) 60.62 13.61 18.60
    P/BV (X) 3.34 1.48 1.68
    Turnover Ratio (%) 0.50 0.29 0.82

    Top 10 Major Shareholders(@14 Mar 2022) Share %
    1. B. GRIMM POWER (SINGAPORE) PTE. LTD. 766,002,000 29.38
    2. MR. Harald Link 621,399,700 23.84
    3. บริษัท บี.กริม จอยน์ เว็นเจอร์ โฮลดิ้ง จำกัด 235,997,750 9.05
    4. UBS AG SINGAPORE BRANCH 120,000,000 4.60
    5. บริษัท Thai NVDR Company Limited 92,666,556 3.55
    6. THE BANK OF NEW YORK MELLON 45,928,479 1.76
    7. สำนักงานประกันสังคม 32,500,000 1.25
    8. น.ส. คาโรลีนโมนิคมารีครีสตีน ลิงค์ 28,350,000 1.09
    9. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 22,748,274 0.87
    10. LGT BANK (SINGAPORE) LTD 16,716,000 0.64

    Management Position
    1. Mr. PAKORN THAVISIN CHAIRMAN
    2. Mr. HARALD LINK PRESIDENT / DIRECTOR
    3. Miss CAROLINE LINK DIRECTOR
    4. Mr. FELIX DANAI LINK DIRECTOR
    5. Khunying SUCHADA KIRANANDANA LEAD INDEPENDENT DIRECTOR
    6. Mrs. ANCHALEE CHAVANICH INDEPENDENT DIRECTOR / CHAIRPERSON OF THE AUDIT COMMITTEE
    7. Mr. ANUSORN SANGNIMNUAN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mr. SOMKIAT SIRICHATCHAI INDEPENDENT DIRECTOR
    9. Mrs. KATEVALEE NAPASAB INDEPENDENT DIRECTOR
    10. Mrs. SUNEE SORNCHAITANASUK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    08 Aug 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 2,606.90  2,606.90  2,606.90 
    Market Cap (MB.) 102,320.82  105,579.45  126,434.65 
    Price (B./share) 39.25  40.50  48.50 
    BVPS (B./Share) 11.75  11.28  10.43 
    P/BV (X) 3.34  3.59  4.65 
    P/E (X) 60.62  39.74  62.96 
    Turnover Ratio (%) 69.68  98.36  145.78 
    Value Trade/Day (MB.) 443.68  475.22  765.73 
    Beta 1.22  1.17  1.22 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -3.09  -16.49  -7.62 
    Dividend Yield (%) 1.07  1.11  0.76 
    Payout Ratio 0.65  0.44  0.48 
    Dividend Policy Not less than 40.0% of the adjusted profit (net profit not including unrealized gain or loss on exchange rate) after tax under the consolidated financial statements after deduction of legal reserve(with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jul 2021 - 31 Dec 2021 0.27 Baht 12 May 2022 Cash
    - 0.15 Baht 10 Sep 2021 Cash
    01 Jul 2020 - 31 Dec 2020 0.30 Baht 11 May 2021 Cash
    - 0.15 Baht 11 Sep 2020 Cash
    01 Jul 2019 - 31 Dec 2019 0.22 Baht 30 Apr 2020 Cash
    - 0.15 Baht 10 Sep 2019 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MS. AMORNRAT PEARMPOONVATANASUK/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. BOONLERT KAMOLCHANOKKUL/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. BOONRUENG LERDWISESWIT/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 26,047.32 20,609.69 25,706.53 19,110.32 21,161.17
    A/R Net 8,841.13 5,589.39 8,983.09 6,818.11 7,156.11
    Inventories 955.69 1,079.36 971.27 1,032.96 968.65
    Current Assets 39,267.80 30,118.44 41,058.38 29,878.86 33,493.11
    PP&E Net 88,121.45 81,341.49 84,803.81 80,300.24 72,131.62
    Non-Current Assets 113,129.99 103,032.79 108,139.18 100,817.02 88,199.70
    Total Assets 152,397.78 133,151.23 149,197.56 130,695.88 121,692.80
    OD 250.10 15,492.41 750.00 15,040.16 3,000.00
    A/P Net 7,285.67 6,443.81 5,690.52 5,641.05 18,253.75
    Current portion of LT 5,058.76 5,770.23 5,702.48 5,705.23 4,139.43
    Current Liabilities 13,179.86 28,256.96 12,723.62 26,993.15 25,831.75
    Non-Current Liabilities 96,752.71 63,748.79 95,658.43 64,398.65 57,183.80
    Total Liabilities 109,932.57 92,005.75 108,382.05 91,391.80 83,015.54
    Authorized Capital 5,400.00 5,400.00 5,400.00 5,400.00 5,400.00
    Paid-Up Capital 5,213.80 5,213.80 5,213.80 5,213.80 5,213.80
    Premium (Discount) on Share Capital 9,644.04 9,644.04 9,644.04 9,644.04 9,644.04
    Retained Earnings (Deficit) 7,794.35 7,679.41 7,771.05 7,068.45 6,328.02
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 24.57 -1,513.93 -1,109.40 5,543.98 6,958.54
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 30,628.44 28,974.99 29,471.16 27,470.27 28,144.40
    Minority Interest 11,836.78 12,170.48 11,344.35 11,833.81 10,532.86
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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 14,757.97 10,453.00 46,628.33 44,086.85 44,131.89
    Other Income 51.15 27.56 187.91 250.81 289.50
    Total Revenues 14,809.13 10,480.56 46,816.24 44,337.67 44,421.39
    Costs 13,457.71 8,126.85 37,934.63 34,848.27 35,953.05
    Selling And Administrative Expenses 382.85 411.26 1,672.94 2,038.84 1,864.86
    Total Cost And Expenses 13,840.55 8,538.12 39,607.57 36,887.12 37,817.92
    EBITDA 2,186.36 3,596.34 13,147.88 12,710.69 11,543.34
    Depre. & Amor. 1,206.97 1,301.30 5,139.06 5,535.75 4,700.98
    EBIT 979.39 2,295.03 8,008.82 7,174.94 6,842.37
    Net Profit : Owners Of The Parent 23.30 610.96 2,275.70 2,174.76 2,331.15
    EPS (B.) -0.03 0.20 0.72 0.68 0.88
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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 3,343.78 4,305.51 9,828.23 6,780.30 9,455.07
    Investing Cash Flow -3,316.55 -2,233.33 -15,326.37 -16,638.84 -6,656.78
    Financing Cash Flow 342.77 -768.64 11,809.46 7,761.82 5,909.94
    Net Cash Flow 369.99 1,303.54 6,311.32 -2,096.72 8,708.24
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    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 2.98 1.07 3.23 1.11
    ROE (%) 5.66 9.71 7.99 7.82
    ROA (%) 4.69 5.87 5.72 5.69
    D/E (X) 2.59 2.24 2.66 2.33
    Total Asset Turnover (X) 0.36 0.33 0.33 0.35
    Gross Profit Margin (%) 8.81 22.25 18.64 20.96
    EBIT Margin (%) 6.61 21.90 17.11 16.18
    Net Profit Margin (%) 0.61 8.09 7.30 8.47

    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 41.18 -6.86 5.76 -0.10
    COGs Growth 65.60 -8.79 8.86 -3.07
    Total Revenue Growth 41.30 -7.38 5.59 -0.19
    Total Expense Growth 62.10 -9.04 7.38 -2.46
    Net Profit Growth -96.19 657.00 4.64 -6.71

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 7.06 6.52 5.90 6.31
    Avg. Collection Period (Days) 51.71 56.02 61.84 57.85
    Inventory Turnover (Times) 42.52 32.15 37.85 34.82
    Avg. Inventory Period (Days) 8.58 11.35 9.64 10.48
    A/P Turnover (Times) 6.30 2.54 6.70 2.92
    Avg. Payment Period (Days) 57.91 143.53 54.52 125.14
    Cash Cycle (Days) 2.38 -76.15 16.97 -56.81


    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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