Company Summary
MFEC MFEC PUBLIC COMPANY LIMITED
Technology/Information & Communication Technology
sSET
CG Report:   
 
  Data as of 03 Oct 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
8.25 13.50 / 8.15 14.26 1.91 441.45 3,641.99 6,979.30 163.26 17.08
News
Date/Time Subject
10 Aug 2022 13:18   Financial Performance Quarter 2 (F45) (Reviewed)
10 Aug 2022 12:39   Financial Statement Quarter 2/2022 (Reviewed)
10 Aug 2022 12:39   Financial Performance Quarter 2 (F45) (Reviewed)
10 Aug 2022 12:39   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2022
29 Jun 2022 17:00   The Company's investment with joint business partner and Capital increase of Data Cafe
more

Company Profile
Address No. 349 SJ Infinite One Business Complex, Vibhavadi-Rungsit Road, Chompol, Chatuchak Bangkok 10900
Telephone 0-2821-7999
Fax 0-2618-8188
URL http://www.mfec.co.th
  Annual Report 2021
Establish Date 03/03/1997 Listed Date 08/10/2003
IPO Price (Baht) 4.75 @Par1.00 Baht
IPO Financial Advisory
  • TISCO SECURITIES COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    Integrated information technology development under the four (4) main business groups, with a focus on designing services in depth for the specific needs of customers to create competitive advantages, consisting of 1. Hybrid Infrastructure Services 2. Enterprise Solution 3. Digital Delivery 4. Transformation

    Free Float 18 Mar 2022 19 Mar 2021
    % /Shareholders
    44.66% 5,875 44.16% 3,483
    Foreign Shareholders 49.00% (As of 03/10/2022) Foreign Limit 49.00%
    NVDR Shareholders  4.11% (As of 03/10/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -7.30 -4.39 -3.54
    20 Days -11.29 -9.85 -7.64
    60 Days -10.81 -7.07 -9.97
    120 Days -21.43 2.38 -14.20
    YTD -24.31 -12.55 -19.47
    P/E (X) 14.26 31.01 17.17
    P/BV (X) 1.91 2.75 1.56
    Turnover Ratio (%) 0.73 0.34 0.94

    Top 10 Shareholders(@05 May 2022) Share %
    1. TIS Inc. 216,285,199 48.99
    2. บริษัท Thai NVDR Company Limited 18,416,417 4.17
    3. นาย ศิริวัฒน์ วงศ์จารุกร 18,005,659 4.08
    4. นาย ศิริศักดิ์ ถิรวัฒนางกูร 10,026,013 2.27
    5. บริษัท MODERNFORM GROUP PUBLIC COMPANY LIMATED 7,100,000 1.61
    6. นาย สิทธิชัย วงศ์ภัทรวรกุล 6,372,300 1.44
    7. นาย นัยพงษ์ กองบุญมา 4,742,000 1.07
    8. นาย ธนกฤต เวศน์ปฐม 3,575,000 0.81
    9. MR. SOMPONG CHONECADEEDUMRONGKUL 3,330,000 0.75
    10. นาย วรพจน์ อนุเอกจิตร 3,048,229 0.69

    Management Position
    1. Mr. SIRISAK TIRAWATTANANGKUL CHAIRMAN
    2. Mr. SIRIWAT VONGJARUKORN CHIEF EXECUTIVE OFFICER / PRESIDENT / DIRECTOR
    3. Mr. KIYOTAKA NAKAMURA VICE CHAIRMAN
    4. Mr. THANAKORN CHARLEE DIRECTOR
    5. Mr. MASAKAZU KAWAMURA DIRECTOR
    6. Mr. ANAN LEETRAKUL INDEPENDENT DIRECTOR
    7. Mr. SUCHART THAMMAPITAGKUL INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mrs. UTHAI TANLAMAI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. KAMALES SANTIVEJKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. CHARN THARAWAS INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    03 Oct 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 441.45  441.45  441.45 
    Market Cap (MB.) 3,641.99  4,811.84  2,118.98 
    Price (B./share) 8.25  10.90  4.80 
    BVPS (B./Share) 4.32  4.29  4.09 
    P/BV (X) 1.91  2.54  1.17 
    P/E (X) 14.26  17.66  8.38 
    Turnover Ratio (%) 119.12  211.32  33.01 
    Value Trade/Day (MB.) 29.75  36.70  2.67 
    Beta 1.48  0.74  0.04 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -24.31  127.08  46.34 
    Dividend Yield (%) 4.85  3.67  7.29 
    Payout Ratio 0.69  0.65  0.61 
    Dividend Policy Not less than fifty (50) percent of the net profit after tax and retained earnings

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.40 Baht 20 May 2022 Cash
    01 Jan 2020 - 31 Dec 2020 0.40 Baht 21 May 2021 Cash
    01 Jan 2019 - 31 Dec 2019 0.35 Baht 20 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. KHITSADA LERDWANA/EY OFFICE LIMITED
    MRS. POONNARD PAOCHAROEN/EY OFFICE LIMITED
    Miss MANEE RATTANABUNNAKIT/EY OFFICE LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2022 
    (01/01/22 
    -30/06/22) 
    6M/2021 
    (01/01/21 
    -30/06/21) 
    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 87.35 66.47 141.84 174.02 185.20
    A/R Net 1,182.97 1,192.97 1,762.74 1,960.17 1,578.58
    Inventories 296.64 373.97 324.94 433.45 829.84
    Current Assets 4,273.56 3,519.60 4,696.05 4,285.34 3,114.81
    PP&E Net 61.30 74.75 71.02 76.55 84.91
    Non-Current Assets 1,058.85 922.68 960.53 838.66 555.25
    Total Assets 5,332.42 4,442.29 5,656.58 5,124.01 3,670.06
    OD 551.82 113.00 405.00 20.00 13.67
    A/P Net 854.57 878.02 1,017.09 1,487.42 757.67
    Current portion of LT - - - 25.77 -
    Current Liabilities 3,118.59 2,321.65 3,349.52 2,901.48 1,638.19
    Non-Current Liabilities 283.99 270.84 293.32 290.00 174.71
    Total Liabilities 3,402.59 2,592.48 3,642.84 3,191.49 1,812.90
    Authorized Capital 441.45 441.45 441.45 441.45 441.45
    Paid-Up Capital 441.45 441.45 441.45 441.45 441.45
    Premium (Discount) on Share Capital 986.74 986.74 986.74 986.74 986.74
    Retained Earnings (Deficit) 467.73 388.50 551.06 470.19 394.71
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 11.82 9.19 9.09 6.35 9.41
     - Surplus (Deficits) 5.73 5.73 5.73 5.73 9.41
    Shareholders' Equity 1,907.75 1,825.89 1,988.35 1,904.73 1,832.31
    Minority Interest 22.08 23.91 25.39 27.79 24.85
    more
    Statement of Comprehensive Income (MB.) 6M/2022 
    (01/01/22 
    -30/06/22) 
    6M/2021 
    (01/01/21 
    -30/06/21) 
    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 2,578.72 2,235.62 5,174.36 4,670.82 3,688.09
    Other Income 7.00 6.70 10.68 59.88 41.23
    Total Revenues 2,585.72 2,242.32 5,185.05 4,730.70 3,729.31
    Costs 2,099.66 1,845.24 4,264.08 3,812.86 2,893.63
    Selling And Administrative Expenses 375.25 294.79 611.45 607.32 484.46
    Total Cost And Expenses 2,474.90 2,140.03 4,875.53 4,420.18 3,446.49
    EBITDA 163.26 167.04 412.43 396.08 330.61
    Depre. & Amor. 36.42 35.86 72.74 74.22 45.38
    EBIT 126.84 131.18 339.69 321.86 285.22
    Net Profit : Owners Of The Parent 93.25 94.90 256.99 244.62 225.42
    EPS (B.) 0.21 0.21 0.58 0.55 0.51
    more
    Statement of Cash Flow (MB.) 6M/2022 
    (01/01/22 
    -30/06/22) 
    6M/2021 
    (01/01/21 
    -30/06/21) 
    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 24.54 18.79 -133.54 305.71 -108.73
    Investing Cash Flow -5.07 -20.62 -53.61 -110.63 -32.35
    Financing Cash Flow -73.95 -105.72 154.97 -186.70 0.27
    Net Cash Flow -54.49 -107.55 -32.18 8.38 -140.81
    more
    Annualized: ROE, ROA
    Ratios 6M/2022  6M/2021  2021  2020 
    Current Ratio (X) 1.37 1.52 1.40 1.48
    ROE (%) 13.68 13.95 13.20 13.09
    ROA (%) 6.86 8.41 6.30 7.32
    D/E (X) 1.76 1.40 1.81 1.65
    Total Asset Turnover (X) 1.13 1.34 0.96 1.08
    Gross Profit Margin (%) 18.58 17.46 17.59 18.37
    EBIT Margin (%) 4.91 5.85 6.55 6.80
    Net Profit Margin (%) 3.62 4.21 4.98 5.24

    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 15.35 34.36 10.78 26.65
    COGs Growth 13.79 41.02 11.83 31.77
    Total Revenue Growth 15.31 33.00 9.60 26.85
    Total Expense Growth 15.65 34.01 10.30 28.25
    Net Profit Growth -1.73 6.80 5.06 8.52

    Annualized
    Cash Cycle 6M/2022  6M/2021  2021  2020 
    A/R Turnover (Times) 4.64 5.02 2.78 2.64
    Avg. Collection Period (Days) 78.59 72.73 131.31 138.27
    Inventory Turnover (Times) 13.48 6.54 11.25 6.04
    Avg. Inventory Period (Days) 27.09 55.83 32.46 60.47
    A/P Turnover (Times) 5.40 5.69 3.41 3.40
    Avg. Payment Period (Days) 67.55 64.13 107.19 107.46
    Cash Cycle (Days) 38.13 64.44 56.57 91.27


    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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