Company Summary
ICHI ICHITAN GROUP PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
sSET / SETCLMV
CG Report:   
 
  Data as of 01 Jul 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
7.85 12.50 / 7.80 19.29 1.62 1,300.00 10,205.00 11,232.90 294.98 9.06
News
Date/Time Subject
13 May 2022 12:39   Disclosure of information about the renewal of the connected transaction contract of the Company (Revised)
11 May 2022 21:37   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
11 May 2022 21:36   Financial Statement Quarter 1/2022 (Reviewed)
11 May 2022 21:36   Financial Performance Quarter 1 (F45) (Reviewed)
11 May 2022 17:32   Disclosure of information about the renewal of the connected transaction contract of the Company
more

Company Profile
Address No. 8 T-ONE Building, 42nd - 44th Floors, Soi Sukhumvit 40, Phra Khanong, Khlong Toei Bangkok 10110
Telephone 0-2023-1111
Fax 0-2020-3999
URL http://www.ichitangroup.com
  Annual Report 2021
Establish Date 3/09/2010 Listed Date 21/04/2014
IPO Price (Baht) 13.00 @Par1.00 Baht
IPO Financial Advisory
  • ASIA PLUS ADVISORY COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change N/A

    Business
    Ichitan Group Public Company Limited operates beverage business, and manufactures and sells ready-to drink green tea beverage, herbal drink, and low-sugar ready-to-drink tea beverage, under the brands of Ichitan Green Tea, Yen Yen by Ichitan and Juice Drinks, Non-Carbonated ?Bireley?s?, respectively.In 2014, the Company entered into a joint venture agreement with PT Atri Pasifik (?AP?), a company incorporated in Indonesia, in order to invest in PT ichi Tan Indonesia, a new joint venture established in Indonesia. The purposes of the joint venture are to produce and sell ready-to-drink beverage branded ?Ichitan? in Indonesia. The Company and AP will equally invest in the joint venture (50% of the issued and paid-up share capital of the joint venture)

    Free Float 11 Mar 2022 12 Mar 2021
    % /Shareholders
    52.51% 23,859 46.59% 19,928
    Foreign Shareholders 6.16% (As of 01/07/2022) Foreign Limit 49.00%
    NVDR Shareholders  2.32% (As of 01/07/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -3.09 -2.59 -3.33
    20 Days -16.04 -14.71 -11.38
    60 Days -32.33 -32.02 -26.79
    120 Days -21.50 -20.91 -17.26
    YTD -21.50 -20.91 -17.26
    P/E (X) 19.29 37.49 18.51
    P/BV (X) 1.62 1.98 1.65
    Turnover Ratio (%) 0.20 0.36 0.69

    Top 10 Major Shareholders(@06 May 2022) Share %
    1. นาย ตัน ภาสกรนที 360,639,600 27.74
    2. ด.ญ. ใกล้นที ภาสกรนที 60,000,000 4.62
    3. นาย ภาสกร ภาสกรนที 60,000,000 4.62
    4. นาง อิง ภาสกรนที 60,000,000 4.62
    5. นาย จารุวร สุขพันธุ์ถาวร 58,707,700 4.52
    6. นาย ธิติ จิรนนท์กาล 35,000,000 2.69
    7. บริษัท Thai NVDR Company Limited 32,521,214 2.50
    8. DBS BANK LTD. FOR CLIENT AC SG0900121752 25,580,000 1.97
    9. MRS. CHEN, MEI-FANG 24,842,000 1.91
    10. บริษัทหลักทรัพย์ เกียรตินาคินภัทร จำกัด (มหาชน) 17,048,000 1.31

    Management Position
    1. AVM NATHAWAT NIMMOLTHANAKHORN CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    2. Mr. TAN PASSAKORNNATEE PRESIDENT / CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mrs. ENG PASSAKORNNATEE VICE CHAIRMAN
    4. Mr. VIROJ SUPASOON DIRECTOR
    5. Mr. THANAPAN KONGNANTA DIRECTOR
    6. Miss ARAYA PANICHAYUNONT DIRECTOR
    7. Mr. THITI JIRANONKAN DIRECTOR
    8. Mr. PRASAN LIMPIPATANAKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. ISSARACHAI DECHARIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    01 Jul 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 1,300.00  1,300.00  1,300.00 
    Market Cap (MB.) 10,205.00  13,000.00  12,025.00 
    Price (B./share) 7.85  10.00  9.25 
    BVPS (B./Share) 4.84  4.66  4.77 
    P/BV (X) 1.62  2.15  1.94 
    P/E (X) 19.29  26.09  23.34 
    Turnover Ratio (%) 70.29  258.25  203.38 
    Value Trade/Day (MB.) 79.50  174.75  100.76 
    Beta 1.58  0.94  0.84 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -21.50  8.11  83.17 
    Dividend Yield (%) 6.37  5.00  3.78 
    Payout Ratio 1.23  1.30  0.88 
    Dividend Policy No less than 40% of net profits after taxes and legal reserve considering from consolidated financial statements (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.50 Baht 23 May 2022 Cash
    01 Jan 2020 - 31 Dec 2020 0.50 Baht 21 May 2021 Cash
    01 Jan 2019 - 31 Dec 2019 0.35 Baht 21 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MISS SUJITRA MASENA/KPMG PHOOMCHAI AUDIT LIMITED
    Miss NAREEWAN CHAIBANTAD/KPMG PHOOMCHAI AUDIT LIMITED
    MR. YOOTTAPONG SOONTALINKA/KPMG PHOOMCHAI AUDIT 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 46.47 50.65 41.30 17.87 97.68
    A/R Net 1,336.33 1,044.31 1,053.96 870.53 811.21
    Inventories 450.47 456.80 531.13 590.12 546.65
    Current Assets 2,314.79 1,760.12 1,922.85 1,663.32 1,455.55
    PP&E Net 4,554.60 5,111.90 4,692.52 5,253.80 5,794.23
    Non-Current Assets 5,045.34 5,592.33 5,183.42 5,741.23 6,231.39
    Total Assets 7,360.13 7,352.45 7,106.27 7,404.55 7,686.94
    OD - - - - 260.00
    A/P Net 712.87 673.62 609.48 597.65 483.09
    Current portion of LT - - - 98.04 215.99
    Current Liabilities 957.44 828.07 796.02 870.19 1,105.51
    Non-Current Liabilities 116.92 121.97 119.28 255.69 361.08
    Total Liabilities 1,074.37 950.04 915.30 1,125.88 1,466.59
    Authorized Capital 1,300.00 1,300.00 1,300.00 1,300.00 1,300.00
    Paid-Up Capital 1,300.00 1,300.00 1,300.00 1,300.00 1,300.00
    Premium (Discount) on Share Capital 3,515.42 3,515.42 3,515.42 3,515.42 3,515.42
    Retained Earnings (Deficit) 1,463.24 1,584.12 1,359.31 1,462.54 1,402.01
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 7.10 2.87 16.24 0.71 2.93
     - Surplus (Deficits) - - - 56.08 56.08
    Shareholders' Equity 6,285.76 6,402.41 6,190.97 6,278.68 6,220.36
    Minority Interest - - - - -
    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 1,442.35 1,287.78 5,228.26 5,099.30 5,334.21
    Other Income 5.48 1.36 22.35 8.42 12.93
    Total Revenues 1,447.83 1,289.14 5,250.77 5,107.96 5,347.71
    Costs 1,229.96 1,065.57 4,220.88 4,093.60 4,342.96
    Selling And Administrative Expenses 96.55 96.62 445.37 458.17 576.61
    Total Cost And Expenses 1,326.51 1,162.19 4,666.25 4,551.78 4,919.56
    EBITDA 294.98 282.47 1,227.30 1,176.61 972.64
    Depre. & Amor. 143.70 141.91 583.83 592.47 574.26
    EBIT 151.28 140.56 643.47 584.14 398.38
    Net Profit : Owners Of The Parent 103.93 121.58 546.77 515.53 407.45
    EPS (B.) 0.08 0.09 0.42 0.40 0.31
    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 307.99 291.66 1,057.08 1,196.01 932.02
    Investing Cash Flow -298.70 -24.82 -137.39 -223.86 -202.44
    Financing Cash Flow -4.13 -234.05 -896.26 -1,051.96 -746.46
    Net Cash Flow 5.16 32.78 23.43 -79.81 -16.87
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 2.42 2.13 2.42 1.91
    ROE (%) 8.34 7.48 8.77 8.25
    ROA (%) 8.89 7.50 8.87 7.74
    D/E (X) 0.17 0.15 0.15 0.18
    Total Asset Turnover (X) 0.74 0.68 0.72 0.68
    Gross Profit Margin (%) 14.73 17.26 19.27 19.72
    EBIT Margin (%) 10.45 10.90 12.25 11.44
    Net Profit Margin (%) 7.18 9.43 10.41 10.09

    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 12.00 0.19 2.53 -4.40
    COGs Growth 15.43 3.15 3.11 -5.74
    Total Revenue Growth 12.31 0.09 2.80 -4.48
    Total Expense Growth 14.14 2.08 2.51 -7.48
    Net Profit Growth -14.52 -23.63 6.06 26.53

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 4.99 5.55 5.76 6.06
    Avg. Collection Period (Days) 73.09 65.82 63.33 60.19
    Inventory Turnover (Times) 9.67 7.73 7.53 7.20
    Avg. Inventory Period (Days) 37.76 47.25 48.48 50.68
    A/P Turnover (Times) 9.22 7.13 8.45 7.58
    Avg. Payment Period (Days) 39.58 51.22 43.21 48.18
    Cash Cycle (Days) 71.28 61.85 68.60 62.69


    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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