Company Summary
PIMO PIONEER MOTOR PUBLIC COMPANY LIMITED
Industrial/
mai
CG Report:   
 
  Data as of 29 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
3.80 4.34 / 3.00 21.00 3.26 158.60 2,410.77 2,756.18 46.91 16.26
News
Date/Time Subject
13 May 2022 17:07   Financial Performance Quarter 1 (F45) (Reviewed)
13 May 2022 17:07   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
13 May 2022 17:06   Financial Statement Quarter 1/2022 (Reviewed)
10 May 2022 17:05   Publicity of the minutes of the 2022 Annual General Meeting of Shareholders on the Company's website
29 Apr 2022 17:02   No Right Adjustment of PIMO-W2
more

Company Profile
Address 78, 78/4, 78/5 Moo3 Dontoom-Nakornchaisri Rd., Donfaek, Nakornchaisri Nakorn Phathom 73120
Telephone 0-3426-5111-8
Fax 0-3426-5119
URL http://www.pioneermotor.th.com
  Annual Report 2021
Establish Date 12/9/2001 Listed Date 13/08/2015
IPO Price (Baht) 1.30 @Par0.25 Baht
IPO Financial Advisory
  • ASSET PRO MANAGEMENT COMPANY LIMITED
  • Par 0.25 Baht
    Last Par Change N/A

    Business
    The Company manufactures and sells air conditioner motors, induction motors, submersible pumps and pool & spa pump motors, as per customers orders (OEM) and under the brand Pioneer Motor, a brand of its own.

    Free Float 10 Mar 2022 26 Mar 2021
    % /Shareholders
    37.80% 6,836 36.15% 2,796
    Foreign Shareholders
     -
    Foreign Limit 49.00%
    NVDR Shareholders  2.15% (As of 29/06/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 3.26 1.48 2.09
    20 Days 5.56 8.93 11.49
    60 Days 11.76 22.37 18.44
    120 Days 7.95 19.17 2.88
    YTD 6.74 18.70 2.56
    P/E (X) 21.00 22.53 51.65
    P/BV (X) 3.26 1.92 3.16
    Turnover Ratio (%) 3.59 1.79 0.36

    Top 10 Major Shareholders(@05 May 2022) Share %
    1. น.ส. ปรางวดี อิทธิโรจนกุล 67,642,740 10.66
    2. น.ส. ชิดชนก อิทธิโรจนกุล 65,577,840 10.34
    3. น.ส. นรีรัตน์ อิทธิโรจนกุล 64,978,100 10.24
    4. น.ส. สิริรัตน์ อิทธิโรจนกุล 64,966,700 10.24
    5. นาย ปภัสร์ อิทธิโรจนกุล 64,966,600 10.24
    6. นาย วสุพล อิทธิโรจนกุล 58,600,020 9.24
    7. นาย นพฤทธิ์ พันธิตรา 8,951,400 1.41
    8. บริษัท Thai NVDR Company Limited 6,538,928 1.03
    9. MRS. PODJAMARN WONGSUWAN 4,000,000 0.63
    10. MR. WASUN ITTHIROJANAKUL 3,860,700 0.61

    Management Position
    1. Mr. SATIAN POOPRASERT CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. WASUN ITTHIROJANAKUL MANAGING DIRECTOR / DIRECTOR
    3. Miss SIRIRAT ITTHIROJANAKUL DIRECTOR
    4. Mrs. PODJAMARN WONGSUWAN DIRECTOR
    5. Mr. CHRISTOPHER ROBERT TAPE DIRECTOR
    6. Miss JIRAYONG ANUMAN-RAJADHON INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    7. Mrs. PENNAPHA DHANASARNSILP INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Pol.Lt.Gen. SAKDA TECHAKRIENGKRAI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    29 Jun 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 634.41  616.47  616.47 
    Market Cap (MB.) 2,410.77  2,194.62  1,331.57 
    Price (B./share) 3.80  3.56  2.16 
    BVPS (B./Share) 1.17  0.90  0.80 
    P/BV (X) 3.26  3.96  2.69 
    P/E (X) 21.00  23.91  19.45 
    Turnover Ratio (%) 146.18  594.78  341.39 
    Value Trade/Day (MB.) 28.09  57.34  16.55 
    Beta 0.88  1.41  1.21 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 6.74  64.81  75.61 
    Dividend Yield (%) 1.64  1.46  0.83 
    Payout Ratio 0.35  0.35  0.32 
    Dividend Policy No less than 40 percent of net profit based on its separate financial statement after deducting any reserve in compliance with the Company?s article of association and the law (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jul 2021 - 31 Dec 2021 0.045 Baht 24 May 2022 Cash
    01 Jan 2021 - 30 Jun 2021 0.018 Baht 08 Sep 2021 Cash
    01 Jul 2020 - 31 Dec 2020 0.034 Baht 25 May 2021 Cash
    01 Jan 2020 - 30 Jun 2020 0.018 Baht 11 Sep 2020 Cash
    01 Jan 2019 - 31 Dec 2019 0.018 Baht 21 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. PRADIT RODLOYTUK/AST MASTER CO., LTD.
    MISS NONGRAM LAOHAAREEDILOK/AST MASTER CO., LTD.
    MRS. PORNTIP LERTTHANONGSAK/AST MASTER CO., LTD.
    Ms. SUNANTA KAMSUK/AST MASTER CO., LTD.
    MS. CHAMAPORN RODLOYTUK/AST MASTER 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) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Company Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 22.68 8.92 47.04 9.68
    A/R Net 281.13 181.31 163.06 142.37
    Inventories 325.33 191.12 162.38 128.46
    Current Assets 677.89 528.03 513.48 409.48
    PP&E Net 419.13 237.23 228.90 225.55
    Non-Current Assets 430.77 250.81 243.85 235.41
    Total Assets 1,108.67 778.84 757.32 644.89
    OD - - - -
    A/P Net 299.63 207.91 211.60 132.97
    Current portion of LT - - - 6.00
    Current Liabilities 320.46 216.84 215.70 143.78
    Non-Current Liabilities 47.63 30.52 30.08 46.26
    Total Liabilities 368.09 247.36 245.78 190.05
    Authorized Capital 213.15 156.00 156.00 156.00
    Paid-Up Capital 158.60 154.12 154.12 154.12
    Premium (Discount) on Share Capital 234.50 207.58 207.58 207.58
    Retained Earnings (Deficit) 253.23 169.79 149.85 93.15
    Treasury Stock - - - -
    Shares Of The Company Held By Subsidiaries - - - -
    Other Components Of Equity 94.24 - - -
     - Surplus (Deficits) 94.24 - - -
    Shareholders' Equity 740.57 531.48 511.54 454.85
    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 Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 339.21 214.75 990.91 795.76 645.78
    Other Income 12.47 10.04 39.67 16.99 18.00
    Total Revenues 351.68 224.79 1,030.58 812.75 663.78
    Costs 284.26 176.40 803.96 637.25 539.29
    Selling And Administrative Expenses 28.29 23.97 101.77 94.69 91.50
    Total Cost And Expenses 312.55 200.37 905.73 731.93 630.79
    EBITDA 46.91 31.42 154.04 107.34 57.03
    Depre. & Amor. 7.79 7.00 29.18 26.52 24.03
    EBIT 39.13 24.42 124.86 80.82 32.99
    Net Profit : Owners Of The Parent 32.67 19.94 102.09 79.44 28.48
    EPS (B.) 0.05 0.03 0.17 0.13 0.05
    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 Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow -8.56 -18.64 8.48 126.33 38.66
    Investing Cash Flow -24.81 -18.97 3.67 -40.09 -160.96
    Financing Cash Flow 30.99 -0.51 -34.13 -48.88 126.00
    Net Cash Flow -2.37 -38.12 -21.99 37.36 3.71
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 2.12 2.44 - 2.38
    ROE (%) 18.05 15.84 - 16.44
    ROA (%) 14.79 11.94 N/A 11.53
    D/E (X) 0.50 0.47 - 0.48
    Total Asset Turnover (X) 1.23 1.20 N/A 1.16
    Gross Profit Margin (%) 16.20 17.86 18.87 19.92
    EBIT Margin (%) 11.13 10.86 12.12 9.94
    Net Profit Margin (%) 9.29 8.87 9.91 9.77

    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 57.96 19.77 24.52 23.22
    COGs Growth 61.15 22.65 26.16 18.16
    Total Revenue Growth 56.45 21.11 26.80 22.44
    Total Expense Growth 55.99 21.22 23.74 16.03
    Net Profit Growth 63.82 1.12 28.52 178.96

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 5.55 5.28 N/A 5.21
    Avg. Collection Period (Days) 65.74 69.17 - 70.05
    Inventory Turnover (Times) 3.53 4.18 N/A 4.38
    Avg. Inventory Period (Days) 103.37 87.34 - 83.29
    A/P Turnover (Times) 4.00 4.14 N/A 3.70
    Avg. Payment Period (Days) 91.18 88.15 - 98.68
    Cash Cycle (Days) 77.93 68.37 - 54.66


    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 PIMO-W2, PIMO-W2-R

    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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