Company Summary
LPN L.P.N. DEVELOPMENT PUBLIC COMPANY LIMITED
Property & Construction/Property Development
sSET / SETTHSI
CG Report:   
 
  Data as of 20 May 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
4.48 5.80 / 4.26 17.57 0.57 1,475.70 6,611.13 18,966.01 306.32 24.93
News
Date/Time Subject
19 May 2022 17:05   Land Purchase for Project Development
13 May 2022 17:23   Information on the Issuance of Debentures No.1/2022
05 May 2022 12:39   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
05 May 2022 12:37   Financial Statement Quarter 1/2022 (Reviewed)
05 May 2022 12:37   Financial Performance Quarter 1 (F45) (Reviewed)
more

Company Profile
Address LUMPINI TOWER, FLOOR 36, 1168/109 RAMA IV ROAD, SATHON Bangkok 10120
Telephone 0-2285-5011-6, 0-2800-9009
Fax 0-2679-8699, 0-2285-5017
URL http://www.lpn.co.th
  Annual Report 2019
Establish Date 21/6/1989 Listed Date 23/12/1994
IPO Price (Baht) 64.00 @Par10.00 Baht
IPO Financial Advisory
  • FINANCE ONE PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 20/04/2004

    Business
    L.P.N. Development Public Co., Ltd. is the developer of urban residential condominiums with affordable price. The main target group is the middle to lower-middle income earners. Condominium projects are designed and developed following LPN Design concept which focuses on delivering product value to the customers. The Company develops large-scale projects in order to achieve cost advantage and economy of scale. At the same time, the emphasis is put on achieving economy of speed from upstream to downstream stages in project development process. In terms of service value, the uniqueness of the Company lies in the ?Livable Community? strategy. It makes a great impression and create bond with customers and residents of ?Lumpini? community who are willing to make referral to others about ?Lumpini? brand.

    Free Float 25 Feb 2021 27 Feb 2020
    % /Shareholders
    92.08% 24,935 91.11% 20,344
    Foreign Shareholders 4.84% (As of 20/05/2022) Foreign Limit 39.00%
    NVDR Shareholders  4.51% (As of 20/05/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 2.75 0.71 0.32
    20 Days -5.88 -1.60 -2.55
    60 Days -5.88 -0.56 -0.65
    120 Days -8.57 -7.97 -7.33
    YTD -8.57 -8.46 -6.62
    P/E (X) 17.57 21.53 18.52
    P/BV (X) 0.57 1.31 1.71
    Turnover Ratio (%) 0.07 0.19 0.99

    Top 10 Major Shareholders(@24 Feb 2022) Share %
    1. MISS VARUNYA CHATPHIRIYAPHAN 86,300,000 5.85
    2. บริษัท Thai NVDR Company Limited 66,975,160 4.54
    3. สำนักงานประกันสังคม 66,616,600 4.51
    4. MR. SUMATE TECHAKRAISRI 38,746,532 2.63
    5. นาย ศุภชัย สุทธิพงษ์ชัย 23,550,000 1.60
    6. บริษัท L.P.N. DEVELOPMENT PUBLIC COMPANY LIMITED 21,500,000 1.46
    7. นาย สุทธิลักษณ์ จิราธิวัฒน์ 19,824,400 1.34
    8. MR. Wiboon Apornwirat 18,026,800 1.22
    9. MR. KUMPEE CHONGTHURAKIT 18,000,000 1.22
    10. MR. THIVA CHIRAPHADHANAKUL 15,850,000 1.07

    Management Position
    1. Mr. AMORNSUK NOPARUMPA CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mr. OPAS SRIPAYAK CHIEF EXECUTIVE DIRECTOR / CHIEF EXECUTIVE OFFICE / MANAGING DIRECTOR / DIRECTOR
    3. Mr. VUDHIPHOL SURIYABHIVADH VICE CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    4. Mr. TIKHAMPORN PLENGSRISUK VICE CHAIRMAN OF THE BOARD OF DIRECTORS
    5. MR. PICHET SUPAKIJJANUSAN DIRECTOR
    6. MRS. YUPA TECHAKRAISRI DIRECTOR
    7. Mr. KUMPEE CHONGTHURAKIT DIRECTOR
    8. Mr. APICHART KASEMKULSIRI DIRECTOR
    9. Mr. SURAWUT SUKCHAROENSIN DIRECTOR
    10. Mr. KHANTACHAI VICHAKKHANA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. KRIRK VANIKKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. Mr. WEERASAK WAHAWISAL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    20 May 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 1,475.70  1,475.70  1,475.70 
    Market Cap (MB.) 6,611.13  7,230.92  6,876.76 
    Price (B./share) 4.48  4.90  4.66 
    BVPS (B./Share) 7.92  7.82  7.96 
    P/BV (X) 0.57  0.63  0.59 
    P/E (X) 17.57  13.87  6.24 
    Turnover Ratio (%) 27.11  121.33  256.95 
    Value Trade/Day (MB.) 21.12  37.50  77.09 
    Beta 0.76  0.56  0.88 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -8.57  5.15  6.39 
    Dividend Yield (%) 3.35  28.57  12.88 
    Payout Ratio 0.59  1.42  1.87 
    Dividend Policy Not less than 50 percent of the net profits of consolidated financial statement

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.05 Baht 21 Apr 2022 Cash
    01 Jan 2021 - 30 Jun 2021 0.10 Baht 03 Sep 2021 Cash
    - 0.40 Baht 08 Apr 2021 Cash
    - 1.00 Baht 19 Jun 2020 Cash
    01 Jul 2019 - 31 Dec 2019 0.40 Baht 09 Apr 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.20 Baht 05 Sep 2019 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    Mr. WIROTE SATJATHAMNUKUL/D I A INTERNATIONAL AUDIT CO.,LTD.
    MISS SOMJINTANA PHOLHIRUNRAT/D I A INTERNATIONAL AUDIT CO.,LTD.
    Mr. JOOMPOTH PRIRATANAKORN/D I A INTERNATIONAL AUDIT CO.,LTD.
    MISS SUPHAPHORN MANGJIT/D I A INTERNATIONAL AUDIT CO.,LTD.
    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 469.41 1,462.76 334.95 916.70 501.30
    A/R Net 499.67 290.37 748.45 357.04 326.16
    Inventories 18,554.51 17,316.37 17,865.81 17,165.71 19,044.01
    Current Assets 19,743.21 19,219.12 19,151.34 18,564.19 19,940.48
    PP&E Net 275.54 289.54 280.18 485.43 480.12
    Non-Current Assets 4,596.69 5,114.16 4,625.29 5,054.55 3,532.87
    Total Assets 24,339.91 24,333.28 23,776.63 23,618.74 23,473.35
    OD 4,310.63 5,664.36 4,832.99 4,601.28 3,468.42
    A/P Net 1,353.09 1,750.72 1,169.67 1,266.63 1,844.87
    Current portion of LT 2,315.30 1,580.00 2,265.55 1,980.00 -
    Current Liabilities 8,013.97 9,108.12 8,278.62 7,946.70 5,444.31
    Non-Current Liabilities 4,810.10 3,862.05 4,100.80 3,850.13 4,869.94
    Total Liabilities 12,824.07 12,970.16 12,379.43 11,796.83 10,314.25
    Authorized Capital 1,475.70 1,475.70 1,475.70 1,475.70 1,475.70
    Paid-Up Capital 1,475.70 1,475.70 1,475.70 1,475.70 1,475.70
    Premium (Discount) on Share Capital 441.81 441.81 441.81 441.81 441.81
    Retained Earnings (Deficit) 9,702.21 9,549.51 9,583.58 10,008.31 11,310.86
    Treasury Stock 142.11 142.11 142.11 142.11 142.11
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 38.01 38.01 38.01 38.01 48.99
     - Surplus (Deficits) 38.01 38.01 38.01 38.01 48.99
    Shareholders' Equity 11,515.62 11,362.92 11,396.99 11,821.72 13,135.25
    Minority Interest 0.22 0.20 0.21 0.19 23.84
    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 2,204.78 1,423.00 5,569.97 7,362.83 9,954.12
    Other Income 6.39 1.90 14.10 78.71 69.61
    Total Revenues 2,213.83 1,426.60 5,594.85 7,450.38 10,031.06
    Costs 1,627.75 974.81 3,959.35 5,158.15 6,753.73
    Selling And Administrative Expenses 301.51 243.69 977.39 1,187.03 1,603.98
    Total Cost And Expenses 1,933.04 1,224.59 5,018.83 6,417.23 8,449.07
    EBITDA 306.32 227.07 681.63 1,125.83 1,668.82
    Depre. & Amor. 26.14 26.18 107.16 93.13 83.83
    EBIT 280.18 200.90 574.47 1,032.70 1,585.00
    Net Profit : Owners Of The Parent 191.33 122.86 302.34 716.35 1,256.04
    EPS (B.) 0.13 0.08 0.21 0.49 0.86
    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 -87.78 -96.43 -500.46 493.93 -1,194.79
    Investing Cash Flow -18.41 -30.10 -76.26 -60.01 -89.94
    Financing Cash Flow 240.65 672.59 -5.02 -18.52 1,398.31
    Net Cash Flow 134.45 546.06 -581.75 415.40 113.59
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 2.46 2.11 2.31 2.34
    ROE (%) 3.24 5.16 2.60 5.74
    ROA (%) 2.69 3.90 2.42 4.39
    D/E (X) 1.11 1.14 1.09 1.00
    Total Asset Turnover (X) 0.26 0.29 0.24 0.32
    Gross Profit Margin (%) 26.17 31.50 28.92 29.94
    EBIT Margin (%) 12.66 14.08 10.27 13.86
    Net Profit Margin (%) 8.64 8.61 5.40 9.63

    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 54.94 -21.85 -24.35 -26.03
    COGs Growth 66.98 -21.68 -23.24 -23.63
    Total Revenue Growth 55.18 -22.87 -24.91 -25.73
    Total Expense Growth 57.85 -21.56 -21.79 -24.05
    Net Profit Growth 55.73 -43.35 -57.79 -42.97

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 16.08 21.38 10.08 21.55
    Avg. Collection Period (Days) 22.70 17.07 36.22 16.93
    Inventory Turnover (Times) 0.26 0.27 0.23 0.28
    Avg. Inventory Period (Days) 1,419.35 1,336.39 1,614.72 1,281.13
    A/P Turnover (Times) 2.97 2.57 3.25 3.32
    Avg. Payment Period (Days) 122.81 142.27 112.30 110.09
    Cash Cycle (Days) 1,319.23 1,211.19 1,538.65 1,187.98


    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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