Company Summary
IRC INOUE RUBBER (THAILAND) PUBLIC COMPANY LIMITED
Industrials/Automotive
SET
CG Report:   
 
  Data as of 30 Jun 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
14.70 19.40 / 14.00 15.85 0.76 200.00 2,940.00 3,581.69 282.77 6.27
News
Date/Time Subject
12 May 2022 22:05   Financial Performance Quarter 2 (F45) (Reviewed)
12 May 2022 18:49   Notification of Resignation of Executive Director and Appointment of the New Executive Director
12 May 2022 18:19   Notification of a Related-Party Transaction
12 May 2022 18:17   Management Discussion and Analysis Quarter 2 Ending 31 Mar 2022
12 May 2022 18:14   Financial Performance Quarter 2 (F45) (Reviewed)
more

Company Profile
Address 258 SOI RANGSIT-NAKHONNAYOK 49, TAMBOL PRACHATHIPAT THANYABURI Pathum Thani 12130
Telephone 0-2996-0890-7 (23 สาย)
Fax 0-2996-1439, 0-2996-0294
URL http://www.ircthailand.com
  Annual Report 2021
Establish Date 15/12/1969 Listed Date 25/08/1994
IPO Price (Baht) 159.00 @Par10.00 Baht
IPO Financial Advisory
  • PHATRA THANAKIT PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 12/02/2004

    Business
    The Company is the manufacturer of elastomer products for automotive and other industries, and motorcycle tires and tubes with high quality at the international level.

    Free Float 09 Dec 2021 09 Dec 2020
    % /Shareholders
    23.65% 1,879 23.63% 1,452
    Foreign Shareholders 35.32% (As of 30/06/2022) Foreign Limit 49.00%
    NVDR Shareholders  0.58% (As of 30/06/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -1.34 -0.24 -2.02
    20 Days -0.68 1.68 4.73
    60 Days -2.65 2.30 5.42
    120 Days -18.33 -10.69 -13.68
    YTD -18.33 -10.69 -13.68
    P/E (X) 15.85 12.82 18.46
    P/BV (X) 0.76 1.00 1.65
    Turnover Ratio (%) 0.02 0.22 0.96

    Top 10 Major Shareholders(@09 Feb 2022) Share %
    1. บริษัท อีโนเว รับเบอร์ จำกัด 68,600,000 34.30
    2. KK INTERNATIONAL COMPANY LIMITED. 50,666,000 25.33
    3. บริษัท อีโนเว รับเบอร์ (ประเทศไทย) จำกัด (มหาชน) 7,792,300 3.90
    4. MR. VICHARAT CHAVANAUMPORN 7,499,999 3.75
    5. นาง พิมพ์ใจ ลี้อิสสระนุกูล 5,568,575 2.78
    6. MRS. Porntip Sethiwan 4,884,875 2.44
    7. นาย อภิชาต ลี้อิสสระนุกูล 4,697,700 2.35
    8. MR. Thanong Leeissaranukul 4,370,500 2.19
    9. นาง พรดี ลี้อิสสระนุกูล 3,200,000 1.60
    10. นาย วิริยะ ตรังอดิศัยกุล 3,053,900 1.53

    Management Position
    1. Mrs. PIMJAI LEEISSARANUKUL CHAIRMAN
    2. Mr. SHIGEKI YAMADA PRESIDENT / DIRECTOR
    3. Mr. TAKESHI ARAKAWA MANAGING DIRECTOR
    4. Mr. SOICHI INOUE DIRECTOR
    5. Mr. THANONG LEEISSARANUKUL DIRECTOR
    6. Mr. APICHART LEEISSARANUKUL DIRECTOR
    7. Mrs. PORNTIP SETHIWAN DIRECTOR
    8. Mr. KAZUO SATO DIRECTOR
    9. Mrs. ANCHALEE CHAVANICH INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Mrs. JARUPORN VIYANANT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. SURONG BULAKUL INDEPENDENT DIRECTOR
    12. Mr. KITTICHAI RAKTAKANIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    30 Jun 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 200.00  200.00  200.00 
    Market Cap (MB.) 2,940.00  3,600.00  2,840.00 
    Price (B./share) 14.70  18.00  14.20 
    BVPS (B./Share) 19.35  20.26  18.46 
    P/BV (X) 0.76  0.89  0.77 
    P/E (X) 15.85  10.17  12.46 
    Turnover Ratio (%) 6.67  9.64  7.49 
    Value Trade/Day (MB.) 1.94  1.40  0.86 
    Beta 0.34  0.45  0.56 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -18.33  26.76  -8.39 
    Dividend Yield (%) 6.02  4.91  4.01 
    Payout Ratio 0.95  0.32  0.38 
    Dividend Policy Not more than 65% of the net profit of its consolidated financial statement after corporate income tax with consideration on the operating results in the accounting year

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Oct 2020 - 30 Sep 2021 0.8845 Baht 28 Feb 2022 Cash
    01 Oct 2019 - 30 Sep 2020 0.5699 Baht 25 Feb 2021 Cash
    01 Oct 2018 - 30 Sep 2019 0.4164 Baht 28 Feb 2020 Cash
     
    Auditor
    (Effective Until 30/09/2022)
    MR. PAIBOON TUNKOON/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Ms. NUNTIKA LIMVIRIYALERS/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Ms. SANICHA AKARAKITTILAP/PRICEWATERHOUSE COOPERS ABAS LIMITED
    F/S Year ended 30/09
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2022 
    (01/10/21 
    -31/03/22) 
    6M/2021 
    (01/10/20 
    -31/03/21) 
    2021 
    (01/10/20 
    -30/09/21) 
    2020 
    (01/10/19 
    -30/09/20) 
    2019 
    (01/10/18 
    -30/09/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 879.73 903.30 1,003.32 905.10 599.21
    A/R Net 1,147.29 1,067.19 884.20 817.26 1,011.81
    Inventories 722.50 563.32 789.82 459.44 568.10
    Current Assets 2,991.25 2,942.18 2,906.44 2,501.45 2,626.49
    PP&E Net 1,670.23 1,749.16 1,692.88 1,817.64 1,803.66
    Non-Current Assets 2,249.51 2,242.50 2,388.94 2,087.12 2,222.29
    Total Assets 5,240.76 5,184.68 5,295.37 4,588.57 4,848.78
    OD - - - - -
    A/P Net 1,142.44 980.60 1,025.84 701.53 991.11
    Current portion of LT - - - - -
    Current Liabilities 1,161.28 1,049.38 1,050.16 712.44 1,006.54
    Non-Current Liabilities 360.13 340.50 350.75 327.13 261.16
    Total Liabilities 1,521.41 1,389.88 1,400.91 1,039.57 1,267.70
    Authorized Capital 200.00 200.00 200.00 200.00 200.00
    Paid-Up Capital 200.00 200.00 200.00 200.00 200.00
    Premium (Discount) on Share Capital 298.00 298.00 298.00 298.00 298.00
    Retained Earnings (Deficit) 3,382.74 3,374.49 3,461.46 3,231.75 3,095.88
    Treasury Stock 114.01 114.01 114.01 114.01 -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -47.39 36.31 49.02 -66.75 -12.81
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 3,719.34 3,794.79 3,894.46 3,548.99 3,581.07
    Minority Interest 0.01 0.01 0.00 0.00 0.01
    more
    Statement of Comprehensive Income (MB.) 6M/2022 
    (01/10/21 
    -31/03/22) 
    6M/2021 
    (01/10/20 
    -31/03/21) 
    2021 
    (01/10/20 
    -30/09/21) 
    2020 
    (01/10/19 
    -30/09/20) 
    2019 
    (01/10/18 
    -30/09/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 2,971.25 2,744.72 5,297.38 4,364.11 5,429.64
    Other Income 27.55 25.17 52.15 47.68 51.63
    Total Revenues 3,011.97 2,791.45 5,371.10 4,433.89 5,481.27
    Costs 2,705.91 2,283.46 4,577.50 3,799.05 4,865.66
    Selling And Administrative Expenses 193.35 182.37 353.28 349.70 400.53
    Total Cost And Expenses 2,909.84 2,476.89 4,950.03 4,169.56 5,284.34
    EBITDA 282.77 493.95 782.31 615.46 515.46
    Depre. & Amor. 180.65 179.38 361.24 351.13 318.53
    EBIT 102.13 314.57 421.07 264.32 196.93
    Net Profit : Owners Of The Parent 91.29 253.06 340.03 219.06 166.54
    EPS (B.) 0.47 1.32 1.77 1.12 0.83
    more
    Statement of Cash Flow (MB.) 6M/2022 
    (01/10/21 
    -31/03/22) 
    6M/2021 
    (01/10/20 
    -31/03/21) 
    2021 
    (01/10/20 
    -30/09/21) 
    2020 
    (01/10/19 
    -30/09/20) 
    2019 
    (01/10/18 
    -30/09/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 168.20 380.01 609.94 580.47 377.68
    Investing Cash Flow -121.62 -272.05 -401.96 -77.37 -422.14
    Financing Cash Flow -170.17 -109.76 -109.76 -197.21 -179.30
    Net Cash Flow -123.59 -1.80 98.22 305.89 -223.76
    more
    Annualized: ROE, ROA
    Ratios 6M/2022  6M/2021  2021  2020 
    Current Ratio (X) 2.58 2.80 2.77 3.51
    ROE (%) 4.74 8.57 9.14 6.14
    ROA (%) 4.00 7.77 8.52 5.60
    D/E (X) 0.41 0.37 0.36 0.29
    Total Asset Turnover (X) 1.07 0.94 1.09 0.94
    Gross Profit Margin (%) 8.93 16.81 13.59 12.95
    EBIT Margin (%) 3.39 11.27 7.84 5.96
    Net Profit Margin (%) 3.03 9.07 6.33 4.94

    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 (%) 6M/2022  6M/2021  2021  2020 
    Sales Growth 8.25 8.63 21.39 -19.62
    COGs Growth 18.50 5.12 20.49 -21.92
    Total Revenue Growth 7.90 8.52 21.14 -19.11
    Total Expense Growth 17.48 4.17 18.72 -21.10
    Net Profit Growth -63.93 58.93 55.22 31.54

    Annualized
    Cash Cycle 6M/2022  6M/2021  2021  2020 
    A/R Turnover (Times) 4.99 4.47 6.23 4.77
    Avg. Collection Period (Days) 73.16 81.59 58.62 76.49
    Inventory Turnover (Times) 7.78 7.01 7.33 7.39
    Avg. Inventory Period (Days) 46.93 52.07 49.81 49.36
    A/P Turnover (Times) 4.71 4.29 5.30 4.49
    Avg. Payment Period (Days) 77.49 85.13 68.87 81.31
    Cash Cycle (Days) 42.60 48.53 39.56 44.54


    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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