Company Summary
IVL INDORAMA VENTURES PUBLIC COMPANY LIMITED
Industrials/Petrochemicals & Chemicals
SET50 / SETTHSI
CG Report:   
 
  Data as of 09 Dec 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
40.75 52.75 / 38.00 4.78 1.08 5,614.55 228,792.99 702,235.28 80,608.18 7.28
News
Date/Time Subject
23 Nov 2022 17:34   Announcement of Public Holidays for the Calendar Year 2023
16 Nov 2022 19:50   Interim Dividend Payment
10 Nov 2022 12:32   Financial Statement Quarter 3/2022 (Reviewed)
10 Nov 2022 12:32   Financial Performance Quarter 3 (F45) (Reviewed)
10 Nov 2022 12:32   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2022
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Company Profile
Address 75/102 Ocean Tower 2, 37th Floor, Soi Sukhumvit 19, Asoke road, Kwaeng Klongtoey Nuer, Khet Wattana Bangkok 10110
Telephone 0-2661-6661
Fax 0-2661-6664-5
URL http://www.indoramaventures.com
  Annual Report 2021
Establish Date 21/02/2003 Listed Date 05/02/2010
IPO Price (Baht) 10.20 @Par1.00 Baht
IPO Financial Advisory
  • BUALUANG SECURITIES PUBLIC COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change N/A

    Business
    Indorama Ventures Public Company Limited, a holding company conducting its business through investment in subsidiaries and affiliates engaged in the manufacture of integrated petrochemical products both domestic and overseas. These companies manufacture and distribute Ethylene Oxide and Ethylene Glycol (?EO&EG?), Purified Terephthalic Acid (?PTA?), Polyethylene Terephthalate (?PET?), Polyester Fiber and Yarn and Wool products.

    Free Float 16 Mar 2022 11 Mar 2021
    % /Shareholders
    35.07% 25,744 35.11% 27,570
    Foreign Shareholders 71.65% (As of 09/12/2022) Foreign Limit 100.00%
    NVDR Shareholders  9.26% (As of 09/12/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -4.12 -0.43 -2.62
    20 Days -4.68 -1.93 -4.72
    60 Days -2.40 -2.25 -0.50
    120 Days -20.87 -9.56 -19.99
    YTD -5.78 7.20 -3.78
    P/E (X) 4.78 9.76 17.64
    P/BV (X) 1.08 0.90 1.60
    Turnover Ratio (%) 0.10 0.14 0.56

    Top 10 Shareholders(@30 Nov 2022) Share %
    1. บริษัท อินโดรามา รีซอสเซส จำกัด 3,634,991,318 64.74
    2. บริษัท Thai NVDR Company Limited 518,454,498 9.23
    3. ธนาคาร กรุงเทพ จำกัด (มหาชน) 270,905,264 4.83
    4. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 93,166,981 1.66
    5. สำนักงานประกันสังคม 90,918,420 1.62
    6. STATE STREET EUROPE LIMITED 59,739,947 1.06
    7. TISCO MASTER POOLED REGISTERED PROVIDENT FUND 29,207,900 0.52
    8. SE ASIA (TYPE B) NOMINEES LLC 26,525,854 0.47
    9. กองทุนรวม วายุภักษ์หนึ่ง โดย บลจ.เอ็มเอฟซี จำกัด (มหาชน) 24,613,200 0.44
    10. กองทุนรวม วายุภักษ์หนึ่ง โดย บลจ.กรุงไทย จำกัด (มหาชน) 24,613,200 0.44

    Management Position
    1. Mr. SRI PRAKASH LOHIA CHAIRMAN OF THE BOARD
    2. Mr. ALOKE LOHIA VICE CHAIRMAN OF THE BOARD / GROUP CHIEF EXECUTIVE OFFICER
    3. Mr. RATHIAN SRIMONGKOL VICE CHAIRMAN OF THE BOARD / LEAD INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    4. Mrs. SUCHITRA LOHIA DIRECTOR
    5. Mr. AMIT LOHIA DIRECTOR
    6. Mr. DILIP KUMAR AGARWAL DIRECTOR
    7. Mr. UDEY PAUL SINGH GILL DIRECTOR
    8. Mr. SANJAY AHUJA DIRECTOR
    9. Mr. YASHOVARDHAN LOHIA DIRECTOR
    10. Mr. SIRI GANJARERNDEE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. KANIT SI INDEPENDENT DIRECTOR
    12. Mr. RUSSELL LEIGHTON KEKUEWA INDEPENDENT DIRECTOR
    13. Mr. TEVIN VONGVANICH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    14. Mrs. KAISRI NUENGSIGKAPIAN INDEPENDENT DIRECTOR
    15. Mr. HARALD LINK INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    09 Dec 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 5,614.55  5,614.55  5,614.55 
    Market Cap (MB.) 228,792.99  242,829.37  207,738.42 
    Price (B./share) 40.75  43.25  37.00 
    BVPS (B./Share) 37.70  27.73  23.00 
    P/BV (X) 1.08  1.56  1.61 
    P/E (X) 4.78  10.94  N/A 
    Turnover Ratio (%) 81.50  109.18  152.53 
    Value Trade/Day (MB.) 908.52  1,063.30  967.32 
    Beta 1.13  1.49  1.71 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -5.78  16.89  5.71 
    Dividend Yield (%) 2.45  1.62  3.31 
    Payout Ratio 0.17  0.23  N/A 
    Dividend Policy No less than 30 percent of the net income after tax in accordance with the Company?s financial statements (on a standalone basis) (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jul 2022 - 30 Sep 2022 0.40 Baht 15 Dec 2022 Cash
    01 Apr 2022 - 30 Jun 2022 0.40 Baht 15 Sep 2022 Cash
    01 Jan 2022 - 31 Mar 2022 0.40 Baht 16 Jun 2022 Cash
    01 Jan 2021 - 31 Dec 2021 0.25 Baht 20 May 2022 Cash
    01 Jul 2021 - 30 Sep 2021 0.25 Baht 09 Dec 2021 Cash
    01 Apr 2021 - 30 Jun 2021 0.25 Baht 15 Sep 2021 Cash
    01 Jan 2021 - 31 Mar 2021 0.25 Baht 10 Jun 2021 Cash
    01 Jan 2020 - 31 Dec 2020 0.175 Baht 20 May 2021 Cash
    01 Jul 2020 - 30 Sep 2020 0.175 Baht 09 Dec 2020 Cash
    01 Apr 2020 - 30 Jun 2020 0.175 Baht 10 Sep 2020 Cash
    01 Jan 2020 - 31 Mar 2020 0.175 Baht 11 Jun 2020 Cash
    01 Jan 2019 - 31 Dec 2019 0.175 Baht 08 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. SAKDA KAOTHANTHONG/KPMG PHOOMCHAI AUDIT LIMITED
    MISS ORAWAN CHUNHAKITPAISAN/KPMG PHOOMCHAI AUDIT LIMITED
    MR. YOOTTAPONG SOONTALINKA/KPMG PHOOMCHAI AUDIT LIMITED
    		F/S Year ended 31/12
    Latest Type of Report Unqualified 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 29,758.92 17,694.47 16,215.25 18,948.52 10,446.71
    A/R Net 82,551.36 53,470.23 56,466.48 35,390.75 34,304.90
    Inventories 134,439.12 82,199.32 88,978.97 53,938.49 62,164.91
    Current Assets 271,708.48 167,508.68 176,859.11 119,834.67 118,756.96
    PP&E Net 350,298.86 295,502.69 291,676.94 276,156.26 212,422.92
    Non-Current Assets 443,155.74 369,670.30 364,969.13 333,336.84 261,810.94
    Total Assets 714,864.22 537,178.98 541,828.24 453,171.51 380,567.91
    OD 37,759.53 29,630.81 26,618.76 20,725.61 30,379.50
    A/P Net 123,698.56 86,469.37 90,264.93 57,782.56 57,172.87
    Current portion of LT 34,834.86 18,360.45 17,371.40 16,503.33 10,141.29
    Current Liabilities 233,471.05 161,120.24 161,120.73 117,161.37 112,990.57
    Non-Current Liabilities 251,913.78 208,169.08 209,704.08 200,402.35 129,410.05
    Total Liabilities 485,384.83 369,289.32 370,824.81 317,563.72 242,400.62
    Authorized Capital 5,670.70 5,666.01 5,666.01 5,666.01 5,666.01
    Paid-Up Capital 5,614.55 5,614.55 5,614.55 5,614.55 5,614.55
    Premium (Discount) on Share Capital 60,331.43 60,331.43 60,331.43 60,331.43 60,331.43
    Retained Earnings (Deficit) 124,518.43 84,105.92 88,492.28 67,560.81 70,496.57
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 6,293.84 -9,267.05 -10,574.35 -6,851.80 -6,730.63
     - Surplus (Deficits) 408.17 -5,032.73 -4,538.24 -5,394.64 -4,282.15
    Shareholders' Equity 211,663.02 155,689.61 158,768.67 126,654.99 129,711.92
    Minority Interest 17,816.37 12,200.05 12,234.76 8,952.79 8,455.37
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    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 512,479.98 336,353.68 468,108.32 331,512.91 352,692.45
    Other Income 6,753.38 3,347.38 4,748.89 4,837.83 2,989.18
    Total Revenues 519,943.98 339,848.60 473,072.95 336,542.78 355,864.78
    Costs 409,920.33 273,311.46 383,127.95 287,802.87 309,344.51
    Selling And Administrative Expenses 48,386.18 33,936.79 47,022.27 38,782.96 33,913.72
    Total Cost And Expenses 459,063.61 307,738.17 430,858.34 327,574.23 344,061.13
    EBITDA 80,608.18 47,954.85 63,814.35 29,718.00 28,553.29
    Depre. & Amor. 18,627.31 15,764.00 21,736.69 20,487.20 17,040.45
    EBIT 61,980.87 32,190.85 42,077.66 9,230.80 11,512.84
    Net Profit : Owners Of The Parent 42,484.87 20,896.49 26,288.03 2,414.28 5,252.11
    EPS (B.) 7.47 3.62 4.55 0.30 0.76
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    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 59,881.16 26,236.20 33,771.87 43,436.05 40,844.97
    Investing Cash Flow -66,654.65 -17,758.84 -25,767.11 -78,602.12 -25,298.24
    Financing Cash Flow 20,645.63 -9,897.14 -10,894.26 43,737.12 -10,796.09
    Net Cash Flow 13,872.14 -1,419.79 -2,889.50 8,571.06 4,750.64
    more
    Annualized: ROE, ROA
    Ratios 9M/2022  9M/2021  2021  2020 
    Current Ratio (X) 1.16 1.04 1.10 1.02
    ROE (%) 26.07 15.59 18.42 1.88
    ROA (%) 11.48 6.96 8.46 2.21
    D/E (X) 2.12 2.20 2.17 2.34
    Total Asset Turnover (X) 1.04 0.85 0.95 0.81
    Gross Profit Margin (%) 20.01 18.74 18.15 13.19
    EBIT Margin (%) 11.92 9.47 8.89 2.74
    Net Profit Margin (%) 8.89 6.47 5.97 0.83

    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 52.36 35.60 41.20 -6.01
    COGs Growth 49.98 26.15 33.12 -6.96
    Total Revenue Growth 52.99 34.78 40.57 -5.43
    Total Expense Growth 49.17 25.21 31.53 -4.79
    Net Profit Growth 103.31 1,792.27 988.86 -54.03

    Annualized
    Cash Cycle 9M/2022  9M/2021  2021  2020 
    A/R Turnover (Times) 9.96 9.86 10.57 9.51
    Avg. Collection Period (Days) 36.66 37.01 34.53 38.37
    Inventory Turnover (Times) 4.80 5.03 5.36 4.96
    Avg. Inventory Period (Days) 76.07 72.62 68.08 73.62
    A/P Turnover (Times) 4.95 4.91 5.18 5.01
    Avg. Payment Period (Days) 73.80 74.32 70.52 72.89
    Cash Cycle (Days) 38.93 35.31 32.08 39.10


    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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