Company Summary
CWT CHAI WATANA TANNERY GROUP PUBLIC COMPANY LIMITED
Industrials/Automotive
SET
CG Report:   
 
  Data as of 29 Nov 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
2.60 5.20 / 2.30 7.00 0.90 630.10 1,638.27 3,055.41 359.90 6.68
News
Date/Time Subject
24 Nov 2022 17:00   Notification of result of selection process for the selection of a waste management system for fuel production (RDF) and generate electricity from municipal solid waste fuels in Kamalasai District
14 Nov 2022 17:25   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2022
14 Nov 2022 17:23   Financial Performance Quarter 3 (F45) (Reviewed)
14 Nov 2022 17:21   Financial Statement Quarter 3/2022 (Reviewed)
27 Oct 2022 07:19   Notification of the increase in registered capital of Kalasinrungruang Bio Power 2012 Company Limited, which is a subsidiary
more

Company Profile
Address 176/1,1480 MOO 1, SOI FOKNANG, SUKHUMVIT ROAD, AMPHOE MUEANG Samut Prakarn 10280
Telephone 0-2703-7880
Fax 0-2703-7882
URL http://www.cwt.co.th
Establish Date 17/10/1972 Listed Date 29/04/1991
IPO Price (Baht) 110.00 @Par10.00 Baht
IPO Financial Advisory N/A
Par 1.00 Baht
Last Par Change Old 5.00 : New 1.00 @ 16/05/2012

Market/Industry/Sector Change
Effective Date 01/06/2004
Previous Market/Industry/Sector SET  / - / Others
Current Market/Industry/Sector SET  / Industrials / Automotive

Business
The company operates 3 main business groups which are1. Leather products group Producing and selling 4 types of products which are 1) Bleached leather products 2) Pet toys products 3) Leather furniture products 4) Leather upholstery products and leather parts for cars such as Toyota Honda Nissan Isuzu Mazda Mitsubishi and Chevrolet2 power groups The company has invested in 100% shares in Chai Wattana Green Company Limited with the goal of operating an investment (holding) company in the renewable energy sector.3. Vehicle design and distribution group which operates the design and distribution of ships And bus size Small produced with aluminum

Free Float 16 Mar 2022 16 Mar 2021
% /Shareholders
56.47% 8,276 54.63% 6,377
Foreign Shareholders 4.98% (As of 29/11/2022) Foreign Limit 49.00%
NVDR Shareholders  1.22% (As of 29/11/2022)
5 Yr Price Performance (Adjusted Price)
Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
5 Days 3.17 -0.96 2.60
20 Days -9.09 -15.19 -10.12
60 Days -9.72 -18.74 -9.60
120 Days -25.29 -31.94 -24.63
YTD -26.55 -27.37 -25.05
P/E (X) 7.00 12.22 17.62
P/BV (X) 0.90 1.12 1.60
Turnover Ratio (%) 0.35 0.51 0.73

Top 10 Shareholders(@29 Jun 2022) Share %
1. บริษัท CHAI DEE YING CO., LTD. 127,628,452 20.26
2. MR. WEERAPON CHAITEERATH 113,549,086 18.02
3. MRS. CHARUNEE CHINWONGVORAKUL 32,059,300 5.09
4. UOB KAY HIAN PRIVATE LIMITED 30,000,000 4.76
5. นาย วิทยา นราธัศจรรย์ 12,065,400 1.91
6. MR. PRUET NARATHUSCHAN 9,290,000 1.47
7. นาย SATHIT RUNGRUANGRIT 8,160,000 1.30
8. บริษัท Thai NVDR Company Limited 5,778,855 0.92
9. นาย ณพพร วงศ์นภากาญจน์ 5,150,000 0.82
10. MISS ATCHARA VISUTTHISANGSUP 5,092,400 0.81

Management Position
1. MR. WEERAPON CHAITEERATH CHAIRMAN OF DIRECTOR / CHAIRMAN OF EXECUTIVE DIRECTOR / MANAGING DIRECTOR
2. Miss NUTSICHA PAPUKTANANUN VICE CHAIRMAN OF THE BOARD
3. Mrs. WANIDA SIKAMAHN DIRECTOR
4. Mr. SUPOJ PANNOI CHAIRMAN OF THE AUDIT COMMITTEE
5. Mr. CHATCHANON SOPHAJAN AUDIT COMMITTEE
6. Mr. THEERAWAT PHUPAIBOON AUDIT COMMITTEE
Accumulated: Turnover Ratio, Value Trade/Day
Statistics YTD
29 Nov 2022
2021
30 Dec 2021
2020
30 Dec 2020
Listed share (M.) 630.10  630.10  630.10 
Market Cap (MB.) 1,638.27  2,230.57  1,512.25 
Price (B./share) 2.60  3.54  2.40 
BVPS (B./Share) 2.90  2.63  2.33 
P/BV (X) 0.90  1.35  1.03 
P/E (X) 7.00  10.72  23.65 
Turnover Ratio (%) 565.76  317.63  107.47 
Value Trade/Day (MB.) 59.64  30.94  6.52 
Beta 1.47  1.09  0.47 
 
Rate of Return YTD  2021  2020 
Price Change (%) -26.55  47.50  15.38 
Dividend Yield (%) 2.06  N/A  N/A 
Payout Ratio 0.14 
Dividend Policy Rate of 40 percent of net profit each year, after corporate income tax and legal reserves as stipulated in the Articles of Association of the Company according to the law (with additional conditions)

Dividend
Operation Period Dividend/Share Unit Payment Date Type
01 Jan 2021 - 31 Dec 2021 0.0535 Baht 27 May 2022 Cash
 
Auditor
(Effective Until 31/12/2022)
MR. SURACHAI DAMNOENWONG/RSM AUDIT SERVICES (THAILAND)
MISS SUNISA SEMA/RSM AUDIT SERVICES (THAILAND)
F/S Year ended 31/12
Latest Type of Report Qualified opinion with an emphasis of matters
Financial Data
Statement of Financial Position (MB.) 9M/2022 
(01/01/22 
-30/09/22) 
9M/2021 
(01/01/21 
-30/09/21) 
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 91.09 35.13 62.60 57.66 46.60
A/R Net 413.28 277.56 282.51 377.43 384.48
Inventories 359.03 412.75 402.44 432.74 427.78
Current Assets 957.62 839.51 862.70 954.47 982.82
PP&E Net 2,258.71 2,578.08 2,535.56 2,667.86 2,582.75
Non-Current Assets 2,377.48 2,811.11 2,694.80 2,856.06 2,855.11
Total Assets 3,335.10 3,650.62 3,557.50 3,810.52 3,837.93
OD 101.89 209.06 197.31 298.15 311.20
A/P Net 269.10 327.06 334.45 395.52 315.17
Current portion of LT 213.97 568.90 209.91 624.22 754.77
Current Liabilities 713.42 1,225.76 891.87 1,419.22 1,466.03
Non-Current Liabilities 689.46 567.16 812.66 658.85 740.54
Total Liabilities 1,402.88 1,792.91 1,704.53 2,078.06 2,206.57
Authorized Capital 870.26 756.12 756.12 798.13 692.01
Paid-Up Capital 630.10 630.10 630.10 630.10 630.10
Premium (Discount) on Share Capital 356.89 356.89 356.89 356.89 356.89
Retained Earnings (Deficit) 723.09 522.45 561.89 389.88 277.07
Treasury Stock - - - - -
Shares Of The Company Held By Subsidiaries - - - - -
Other Components Of Equity 112.21 148.84 116.05 147.18 224.74
 - Surplus (Deficits) -3.31 -1.31 -1.31 - -
Shareholders' Equity 1,826.87 1,658.28 1,664.93 1,524.05 1,488.80
Minority Interest 105.35 199.43 188.04 208.41 142.56
more
Statement of Comprehensive Income (MB.) 9M/2022 
(01/01/22 
-30/09/22) 
9M/2021 
(01/01/21 
-30/09/21) 
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 1,371.67 1,298.49 1,755.26 1,566.12 2,009.38
Other Income 25.98 24.48 -56.69 36.44 37.87
Total Revenues 1,397.65 1,322.98 1,698.57 1,602.56 2,047.25
Costs 1,001.37 935.98 1,299.05 1,152.67 1,567.59
Selling And Administrative Expenses 150.02 146.36 152.24 206.54 244.33
Total Cost And Expenses 1,168.72 1,095.48 1,454.27 1,382.13 1,841.04
EBITDA 359.90 297.31 394.76 328.51 347.02
Depre. & Amor. 94.35 82.92 125.26 107.25 118.69
EBIT 265.55 214.39 269.50 221.26 228.33
Net Profit : Owners Of The Parent 194.43 132.57 172.15 117.03 105.26
EPS (B.) 0.31 0.21 0.27 0.19 0.17
more
Statement of Cash Flow (MB.) 9M/2022 
(01/01/22 
-30/09/22) 
9M/2021 
(01/01/21 
-30/09/21) 
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 80.76 252.47 374.29 315.45 313.76
Investing Cash Flow 45.64 -52.79 -13.03 -11.98 -153.11
Financing Cash Flow -97.97 -222.25 -356.32 -292.41 -174.35
Net Cash Flow 28.42 -22.57 4.94 11.06 -13.70
more
Annualized: ROE, ROA
Ratios 9M/2022  9M/2021  2021  2020 
Current Ratio (X) 1.34 0.68 0.97 0.67
ROE (%) 13.43 13.33 10.80 7.77
ROA (%) 9.18 8.76 7.32 5.79
D/E (X) 0.73 0.97 0.92 1.20
Total Asset Turnover (X) 0.51 0.50 0.46 0.42
Gross Profit Margin (%) 27.00 27.92 25.99 26.40
EBIT Margin (%) 19.00 16.20 15.87 13.81
Net Profit Margin (%) 12.51 9.34 8.94 6.12

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 (%) 9M/2022  9M/2021  2021  2020 
Sales Growth 5.64 21.56 12.08 -22.06
COGs Growth 6.99 16.90 12.70 -26.47
Total Revenue Growth 5.64 21.47 5.99 -21.72
Total Expense Growth 6.69 12.85 5.22 -24.93
Net Profit Growth 46.66 219.95 47.10 11.18

Annualized
Cash Cycle 9M/2022  9M/2021  2021  2020 
A/R Turnover (Times) 5.29 5.66 5.32 4.11
Avg. Collection Period (Days) 68.95 64.49 68.62 88.79
Inventory Turnover (Times) 3.54 3.33 3.11 2.68
Avg. Inventory Period (Days) 103.23 109.73 117.33 136.24
A/P Turnover (Times) 4.58 4.13 3.56 3.24
Avg. Payment Period (Days) 79.74 88.48 102.55 112.52
Cash Cycle (Days) 92.45 85.74 83.40 112.51


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

Market Alert (Latest)
No Information Found
more

Only Preferred Share and Warrants
Other Securities
Securities Name CWT-W5, CWT-W5-R, CWT-W6, CWT-W6-R

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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