Company Summary
MBAX MULTIBAX PUBLIC COMPANY LIMITED
Industrial/
mai
CG Report:   
 
  Data as of 17 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
5.10 6.50 / 4.92 11.04 1.73 191.90 978.67 1,873.17 44.43 9.09
News
Date/Time Subject
11 May 2022 08:53   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
11 May 2022 08:52   Financial Statement Quarter 1/2022 (Reviewed)
11 May 2022 08:52   Financial Performance Quarter 1 (F45) (Reviewed)
19 Apr 2022 17:01   Publicity of the minutes of the 2022 AGM of Shareholders on the Company's Website
08 Apr 2022 08:38   Shareholders meeting's resolution(Revised)
more

Company Profile
Address 211 MOO 3, TUNGSUKLA, SI RACHA Chonburi 20230
Telephone 038-491-725-9
Fax 038-492-485
URL http://www.multibax.com
Establish Date 19/6/1995 Listed Date 29/01/2007
IPO Price (Baht) 5.00 @Par1.00 Baht
IPO Financial Advisory
  • KASIKORN SECURITIES PUBLIC COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change N/A

    Market/Industry/Sector Change
    Effective Date 05/01/2015
    Previous Market/Industry/Sector mai  / MAI Industry / Medium-Sized Enterprise
    Current Market/Industry/Sector mai  / Industrial / Industrial

    Business
    The Company is a manufacturer and distributor of various kinds of high-quality plastic bags. The products are manufactured according to customers' specifications and 100% of the Company's products are exported.

    Free Float 04 Mar 2022 04 Mar 2021
    % /Shareholders
    55.83% 4,348 55.52% 3,092
    Foreign Shareholders 0.11% (As of 17/05/2022) Foreign Limit 30.00%
    NVDR Shareholders  1.78% (As of 17/05/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 0.99 1.28 -1.14
    20 Days -6.42 0.80 -0.75
    60 Days -15.00 3.20 -10.06
    120 Days -1.92 3.82 -11.41
    YTD -0.97 8.47 -6.75
    P/E (X) 11.04 38.86 59.79
    P/BV (X) 1.73 2.08 3.46
    Turnover Ratio (%) 0.08 0.61 0.84

    Top 10 Major Shareholders(@22 Apr 2022) Share %
    1. นาย วีระชาติ โลห์ศิริ 29,496,237 15.37
    2. นาย สุรชัย อัศวแก้วมงคล 16,534,231 8.62
    3. MR. PISUTH LERTVILAI 8,888,800 4.63
    4. นาย กวิน ตั้งอุทัยศักดิ์ 6,621,466 3.45
    5. MISS CHANTANA PANYADILOK 6,212,600 3.24
    6. น.ส. จันทร์เพ็ญ วรกิตติวงศ์ 5,744,696 2.99
    7. MISS WILAWAN PANYADILOK 5,512,682 2.87
    8. นาง TUNYANEE CHOTCHINTANATHAT 4,743,990 2.47
    9. MISS NANTANUCH VILASSAKDANONT 4,509,525 2.35
    10. MR. PASIN LERTVILAI 3,412,900 1.78

    Management Position
    1. Mr. PRAKIT SEKSARN CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. SURACHAI ATSAWAKAEWMONGKHON VICE CHAIRMAN OF THE BOARD OF DIRECTORS / MANAGING DIRECTOR
    3. Mr. VICHIEN TANGUDTAISUK DIRECTOR
    4. Miss SUWANNA TEERAPAPTHAMKUL DIRECTOR
    5. Mr. NOPPAROCH CHOTCHINTANATHAT DIRECTOR
    6. Mr. PISUTH LERTVILAI DIRECTOR
    7. Mr. SAWAT KENGCHON DIRECTOR
    8. Mr. ADIREK SRIWATANAWONGSA INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDITING COMMITTEE
    9. Mr. THANADOL TONGSUKH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Miss BENJAWAN SINKUNAKORN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. KOWATE LIMTRAKUL INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    17 May 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 191.90  191.90  191.90 
    Market Cap (MB.) 978.67  988.26  1,333.67 
    Price (B./share) 5.10  5.15  6.95 
    BVPS (B./Share) 2.95  2.67  3.02 
    P/BV (X) 1.73  1.93  2.30 
    P/E (X) 11.04  24.23  7.33 
    Turnover Ratio (%) 20.95  171.73  161.56 
    Value Trade/Day (MB.) 2.52  9.43  8.68 
    Beta 0.49  0.65  0.40 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -0.97  -25.90  124.19 
    Dividend Yield (%) 5.88  17.09  3.60 
    Payout Ratio 0.65  2.63  0.47 
    Dividend Policy Not less than 40% of the net profit after deduction of the corporate income tax and reserve funds

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.30 Baht 06 May 2022 Cash
    01 Jul 2020 - 31 Dec 2020 0.56 Baht 07 May 2021 Cash
    01 Jan 2020 - 30 Jun 2020 0.32 Baht 10 Sep 2020 Cash
    01 Jul 2019 - 31 Dec 2019 0.13 Baht 24 Apr 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.12 Baht 06 Sep 2019 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    Mr. KOMIN LINPHRACHAYA/KARIN AUDIT COMPANY LIMITED
    MISS NONGLAK PATTANABANDITH/KARIN AUDIT COMPANY LIMITED
    MR. POJANA ASAWASONTICHAI/KARIN AUDIT COMPANY LIMITED
    MR. JIROTE SIRIROROTE/KARIN AUDIT COMPANY LIMITED
    Mr. KRAISAENG THIRANULAK/KARIN AUDIT COMPANY LIMITED
    Mr. WICHIAN PROONGPANISH/KARIN AUDIT COMPANY LIMITED
    MRS. SUMANA SENIVONGSE/KARIN AUDIT COMPANY LIMITED
    MISS KANNIKA WIPANURAT/KARIN AUDIT COMPANY LIMITED
    Mr. WORAPOL WIRIYAKULAPONG/KARIN AUDIT COMPANY LIMITED
    Ms. KOJCHAMON SUNHUAN/KARIN AUDIT COMPANY 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 Company Company Company Company Company
    Cash And Cash Equivalents 55.04 83.01 60.96 69.71 32.72
    A/R Net 267.41 255.96 306.94 255.28 295.68
    Inventories 461.27 422.55 366.90 349.59 190.73
    Current Assets 783.72 761.53 735.34 678.54 523.66
    PP&E Net 566.26 601.46 569.26 608.11 578.30
    Non-Current Assets 731.48 758.87 730.83 769.03 653.93
    Total Assets 1,515.19 1,520.40 1,466.16 1,447.56 1,177.59
    OD 540.69 556.90 465.00 390.44 361.70
    A/P Net 188.49 177.00 224.46 269.61 182.34
    Current portion of LT 41.24 26.64 41.72 26.64 27.09
    Current Liabilities 787.23 800.37 744.47 710.53 577.03
    Non-Current Liabilities 162.32 134.01 171.85 142.14 95.39
    Total Liabilities 949.54 934.38 916.33 852.67 672.42
    Authorized Capital 191.90 191.90 191.90 191.90 191.90
    Paid-Up Capital 191.90 191.90 191.90 191.90 191.90
    Premium (Discount) on Share Capital 229.00 229.00 229.00 229.00 229.00
    Retained Earnings (Deficit) 144.75 165.12 128.94 173.99 84.28
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity - - - - -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 565.65 586.02 549.84 594.89 505.18
    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 Company Company Company Company Company
    Revenue From Operations 370.42 315.15 1,458.74 1,882.19 1,434.35
    Other Income 4.21 11.72 42.39 9.94 5.84
    Total Revenues 374.63 326.87 1,501.14 1,892.13 1,440.18
    Costs 329.46 302.93 1,294.11 1,571.11 1,284.20
    Selling And Administrative Expenses 23.26 23.04 100.64 106.85 105.12
    Total Cost And Expenses 352.71 325.96 1,394.75 1,677.96 1,389.32
    EBITDA 44.43 11.94 173.57 293.49 126.35
    Depre. & Amor. 19.68 19.22 78.55 74.32 58.85
    EBIT 24.75 -7.28 95.02 219.18 67.50
    Net Profit : Owners Of The Parent 17.36 -8.87 62.41 176.06 50.98
    EPS (B.) 0.09 -0.05 0.33 0.92 0.27
    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 Company Company Company Company Company
    Operating Cash Flow -51.80 -142.41 40.60 234.90 137.20
    Investing Cash Flow -12.27 1.33 -39.08 -92.28 -75.47
    Financing Cash Flow 58.05 154.34 -10.38 -105.61 -47.07
    Net Cash Flow -6.02 13.27 -8.86 37.00 14.65
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 1.00 0.95 0.99 0.95
    ROE (%) 15.39 23.77 10.90 32.01
    ROA (%) 8.37 11.91 6.52 16.70
    D/E (X) 1.68 1.59 1.67 1.43
    Total Asset Turnover (X) 1.02 1.27 1.03 1.44
    Gross Profit Margin (%) 11.06 3.88 11.29 16.53
    EBIT Margin (%) 6.61 -2.23 6.33 11.58
    Net Profit Margin (%) 4.63 -2.71 4.16 9.31

    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 17.54 -21.84 -22.50 31.22
    COGs Growth 8.76 -9.69 -17.63 22.34
    Total Revenue Growth 14.61 -19.06 -20.66 31.38
    Total Expense Growth 8.21 -8.98 -16.88 20.78
    Net Profit Growth N/A N/A -64.55 245.38

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 5.79 6.38 5.19 6.83
    Avg. Collection Period (Days) 63.09 57.23 70.34 53.42
    Inventory Turnover (Times) 2.99 4.67 3.61 5.82
    Avg. Inventory Period (Days) 122.14 78.18 101.04 62.76
    A/P Turnover (Times) 7.23 7.67 5.24 6.95
    Avg. Payment Period (Days) 50.51 47.60 69.67 52.50
    Cash Cycle (Days) 134.72 87.80 101.71 63.69


    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 -

    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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