Company Summary
CM CHIANGMAI FROZEN FOODS PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
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
3.20 4.20 / 2.40 N/A 0.95 381.15 1,219.67 1,428.80 22.63 227.57
News
Date/Time Subject
15 Jul 2022 13:15   Appointment of Chief Accountant
12 May 2022 13:09   Financial Statement Quarter 1/2022 (Reviewed)
12 May 2022 13:09   Financial Performance Quarter 1 (F45) (Reviewed)
12 May 2022 13:09   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
11 May 2022 19:21   Disclosure of the Minutes of the 2022 Annual General Meeting of Shareholders on the Company's website
more

Company Profile
Address 149/34 FLOOR 3-4 SOI ANGLO PLAZA, SURAWONG ROAD, SURIYAWONGSE BANG RAK Bangkok 10500
Telephone 0-2238-4091, 0-2235-9934, 0-2634-0061-4
Fax 0-2238-4090
URL http://www.cmfrozen.com
  Annual Report 2021
Establish Date 03/11/1988 Listed Date 25/01/1993
IPO Price (Baht) 40.00 @Par10.00 Baht
IPO Financial Advisory
  • CAPITAL NOMURA SECURITIES PCL.
  • UNION ASIA FINANCE PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 31/05/2005

    Market/Industry/Sector Change
    Effective Date 02/07/2015
    Previous Market/Industry/Sector SET  / Agro & Food Industry / Agribusiness
    Current Market/Industry/Sector SET  / Agro & Food Industry / Food & Beverage

    Business
    Manufacturer and Exporter of Frozen Vegetables Such as Frozen Green Beans, Frozen Soy Beans, Frozen Sweet Corns, Frozen Baby Corns and Frozen Mixed Vegetables

    Free Float 16 Mar 2022 17 Mar 2021
    % /Shareholders
    35.76% 2,434 36.95% 2,406
    Foreign Shareholders 23.00% (As of 05/08/2022) Foreign Limit 49.00%
    NVDR Shareholders  1.79% (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 0.63 -0.05 -0.92
    20 Days -3.03 -3.12 -6.65
    60 Days 8.11 8.97 10.96
    120 Days 12.68 15.58 17.82
    YTD 12.68 16.40 16.65
    P/E (X) N/A 36.57 18.59
    P/BV (X) 0.95 1.93 1.68
    Turnover Ratio (%) 0.20 0.21 0.71

    Top 10 Major Shareholders(@16 Mar 2022) Share %
    1. บริษัท เกษตรเหนือ จำกัด 162,458,988 42.62
    2. NOMURA SECURITIES CO LTD-CLIENT A/C 20,878,387 5.48
    3. นาย ประภาส พลพิพัฒนพงศ์ 9,102,800 2.39
    4. MISS CHANG, MIN-FANG 8,837,730 2.32
    5. MR. LAN, MU-CHIOU 8,717,682 2.29
    6. MR. MING-SHIH LAN 6,302,625 1.65
    7. MR. LAN, MU-CHIOU 6,000,000 1.57
    8. MR. LAN, MING-TE 5,889,139 1.55
    9. MR. LIU, CHI-RONG 5,717,250 1.50
    10. MRS. LAN, KUO CHIN-CHU 5,144,106 1.35

    Management Position
    1. Mr. PRAYOON PHOLPIPATTANAPHONG CHAIRMAN OF BOARD OF COMPANY
    2. Mr. PRAPAS PHOLPIPATTANAPHONG CHAIRMAN OF EXECUTIVE COMMITTEE / DIRECTOR
    3. Mr. ANKOON PHOLPIPATTANAPHONG MANAGING DIRECTOR / DIRECTOR
    4. Mr. LAN MU - CHIOU DIRECTOR
    5. Mr. AMNUAY YOSSUCK INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    6. Mr. AMPON RUAYFUPANT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. Mr. PHUSIT WONGLORSAICHON INDEPENDENT DIRECTOR
    8. Miss CHUTIMA TANGMATITHAM INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    05 Aug 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 381.15  381.15  381.15 
    Market Cap (MB.) 1,219.67  1,082.45  1,021.47 
    Price (B./share) 3.20  2.84  2.68 
    BVPS (B./Share) 3.38  3.44  3.63 
    P/BV (X) 0.95  0.83  0.74 
    P/E (X) N/A  N/A  89.13 
    Turnover Ratio (%) 234.93  29.70  21.95 
    Value Trade/Day (MB.) 22.66  1.44  1.03 
    Beta 0.95  0.55  0.53 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 12.68  5.97  -2.19 
    Dividend Yield (%) N/A  N/A  2.24 
    Payout Ratio N/A  N/A  2.00 
    Dividend Policy At 60% of net profit

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2019 - 31 Dec 2019 0.06 Baht 08 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. PRADIT RODLOYTUK/AST MASTER CO., LTD.
    MISS NONGRAM LAOHAAREEDILOK/AST MASTER CO., LTD.
    MRS. PORNTIP LERTTHANONGSAK/AST MASTER CO., LTD.
    Ms. SUNANTA KAMSUK/AST MASTER CO., LTD.
    MS. CHAMAPORN RODLOYTUK/AST MASTER CO., LTD.
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    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 Company Company
    Cash And Cash Equivalents 167.03 197.77 196.12 147.61 180.33
    A/R Net 105.69 125.10 116.11 100.21 126.99
    Inventories 559.29 560.23 499.73 461.11 499.86
    Current Assets 878.38 929.45 855.26 982.06 1,011.99
    PP&E Net 707.21 763.03 727.14 455.56 425.48
    Non-Current Assets 785.30 865.35 809.57 535.59 537.28
    Total Assets 1,663.69 1,794.80 1,664.83 1,517.64 1,549.27
    OD 15.28 27.30 11.06 - -
    A/P Net 74.89 94.01 65.44 74.32 54.73
    Current portion of LT 147.95 5.03 148.43 - -
    Current Liabilities 251.79 172.53 245.53 79.10 68.14
    Non-Current Liabilities 97.88 221.05 100.47 67.50 71.26
    Total Liabilities 349.67 393.59 346.00 146.61 139.40
    Authorized Capital 381.15 381.15 381.15 381.15 381.15
    Paid-Up Capital 381.15 381.15 381.15 381.15 381.15
    Premium (Discount) on Share Capital 68.00 68.00 68.00 68.00 68.00
    Retained Earnings (Deficit) 836.48 906.39 841.81 939.72 960.72
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 1.90 -4.10 -5.06 -17.82 -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 1,287.53 1,351.43 1,285.90 1,371.04 1,409.87
    Minority Interest 26.49 49.79 32.93 - -
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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 Company Company
    Revenue From Operations 319.83 243.05 1,055.59 1,096.53 1,163.26
    Other Income 2.21 1.82 8.54 8.59 7.84
    Total Revenues 322.07 244.87 1,064.39 1,108.49 1,174.80
    Costs 264.47 216.26 948.11 949.01 1,021.76
    Selling And Administrative Expenses 57.44 37.68 161.18 133.36 150.91
    Total Cost And Expenses 321.91 253.94 1,134.65 1,082.37 1,172.67
    EBITDA 22.63 21.95 5.59 56.36 91.87
    Depre. & Amor. 25.02 18.74 84.93 55.47 49.88
    EBIT -2.39 3.20 -79.34 0.89 41.99
    Net Profit : Owners Of The Parent -1.04 2.67 -65.95 1.15 34.76
    EPS (B.) -0.00 0.01 -0.17 0.00 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 Company Company
    Operating Cash Flow -26.89 -107.01 -59.73 122.94 206.66
    Investing Cash Flow -4.11 164.49 138.69 -131.05 -105.49
    Financing Cash Flow 1.90 -7.32 -30.45 -24.61 -43.19
    Net Cash Flow -29.10 50.16 48.51 -32.72 57.98
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 3.49 5.39 3.48 12.42
    ROE (%) -5.28 0.09 -4.96 0.08
    ROA (%) -4.91 0.08 -4.99 0.06
    D/E (X) 0.27 0.28 0.26 0.11
    Total Asset Turnover (X) 0.66 0.62 0.67 0.72
    Gross Profit Margin (%) 17.31 11.02 10.18 13.45
    EBIT Margin (%) -0.74 1.31 -7.45 0.08
    Net Profit Margin (%) -1.72 1.09 -7.60 0.10

    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 31.59 -18.74 -3.73 -5.74
    COGs Growth 22.29 -17.68 -0.09 -7.12
    Total Revenue Growth 31.53 -18.83 -3.98 -5.64
    Total Expense Growth 26.77 -15.31 4.83 -7.70
    Net Profit Growth N/A 4.53 N/A -96.70

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 9.81 7.99 9.76 9.65
    Avg. Collection Period (Days) 37.20 45.65 37.40 37.81
    Inventory Turnover (Times) 1.78 1.65 1.97 1.98
    Avg. Inventory Period (Days) 205.07 221.04 184.95 184.80
    A/P Turnover (Times) 11.80 11.94 13.57 14.71
    Avg. Payment Period (Days) 30.94 30.58 26.90 24.82
    Cash Cycle (Days) 211.32 236.11 195.45 197.80


    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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