Company Summary
SPRC STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET100 / SETCLMV
CG Report:   *
 
  Data as of 06 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
11.50 13.50 / 8.20 3.46 1.03 30,004.44 49,862.87 80,889.24 16,893.81 3.92
News
Date/Time Subject
22 Sep 2022 20:30   Notification of the Company's Public Holidays for year 2023
22 Sep 2022 20:28   Right of shareholders to propose the agenda and nominate the qualified candidates for being directors in advance for the 2023 Annual General Meeting of Shareholders
31 Aug 2022 17:19   Resignation of Director
11 Aug 2022 17:18   Interim Dividend Payment
11 Aug 2022 17:03   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2022
more

Company Profile
Address No.1, I-3B Road, Map Ta Phut, Muang Rayong Rayong 21150
Telephone 0-3869-9000
Fax 0-3869-9999
URL http://www.sprc.co.th
  Annual Report 2021
Establish Date 20/11/1992 Listed Date 08/12/2015
IPO Price (Baht) 9.00 @Par6.92 Baht
IPO Financial Advisory
  • FINANSA SECURITIES LIMITED
  • BUALUANG SECURITIES PUBLIC COMPANY LIMITED
  • KIATNAKIN PHATRA SECURITIES PUBLIC COMPANY LIMITED
  • THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED
  • Par 6.92 Baht
    Last Par Change N/A

    Business
    SPRC's refinery produces petroleum products, which include LPG, premium and regular grades of unleaded gasoline, high speed diesel, jet fuel and fuel oil, as well as petrochemical feedstocks used in the petrochemical industry, which include PGP, LPG, chemical grade naphtha, mix C4 and reformate.

    Free Float 08 Mar 2022 05 Mar 2021
    % /Shareholders
    39.39% 22,412 39.38% 17,173
    Foreign Shareholders 70.88% (As of 06/10/2022) Foreign Limit 100.00%
    NVDR Shareholders  10.27% (As of 06/10/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 9.52 9.48 9.74
    20 Days -9.45 -4.07 -6.90
    60 Days -4.17 -7.03 -7.02
    120 Days 18.56 22.33 26.91
    YTD 17.35 18.65 22.40
    P/E (X) 3.46 11.22 17.54
    P/BV (X) 1.03 1.41 1.59
    Turnover Ratio (%) 0.57 0.33 0.80

    Top 10 Shareholders(@25 Aug 2022) Share %
    1. CHEVRON SOUTH ASIA HOLDINGS PTE LTD 2,625,888,656 60.56
    2. บริษัท Thai NVDR Company Limited 481,265,053 11.10
    3. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 70,661,073 1.63
    4. NORTRUST NOMINEES LIMITED-NT0 SEC LENDING THAILAND CL AC 68,867,400 1.59
    5. STATE STREET EUROPE LIMITED 48,102,119 1.11
    6. THE BANK OF NEW YORK (NOMINEES) LIMITED 39,659,100 0.91
    7. SOUTH EAST ASIA UK (TYPE A) NOMINEES LIMITED 35,593,948 0.82
    8. TISCO MASTER POOLED REGISTERED PROVIDENT FUND 27,717,000 0.64
    9. กองทุนเปิด ไทยพาณิชย์หุ้นระยะยาวปันผล 70/30 22,683,900 0.52
    10. THE BANK OF NEW YORK MELLON 21,708,054 0.50

    Management Position
    1. Mr. BRANT THOMAS FISH CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. PLIU MANGKORNKANOK VICE CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    3. Mr. ROBERT JOSEPH DOBRIK CHIEF EXECUTIVE OFFICER / DIRECTOR
    4. Mr. BRIAN MONACO SUTTON DIRECTOR
    5. Mr. RANGA RAMA KUMAR SREERAMAGIRI DIRECTOR
    6. Mrs. KAMONWAN WIPULAKORN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    7. Mr. ROBERT STAIR GUTHRIE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    06 Oct 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 4,335.90  4,335.90  4,335.90 
    Market Cap (MB.) 49,862.87  42,491.84  34,904.01 
    Price (B./share) 11.50  9.80  8.05 
    BVPS (B./Share) 11.18  7.61  6.21 
    P/BV (X) 1.03  1.29  1.30 
    P/E (X) 3.46  11.32  N/A 
    Turnover Ratio (%) 146.38  142.36  184.99 
    Value Trade/Day (MB.) 369.18  241.01  223.67 
    Beta 1.03  1.33  1.49 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 17.35  21.74  -24.77 
    Dividend Yield (%) 1.55  N/A  2.27 
    Payout Ratio 0.34  N/A 
    Dividend Policy At least 50% of net profits for the year (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2022 - 30 Jun 2022 0.96 Baht 08 Sep 2022 Cash
    01 Jan 2021 - 31 Dec 2021 0.1785 Baht 06 May 2022 Cash
    - 0.0625 Baht 24 Apr 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. CHANCHAI CHAIPRASIT/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. PONGTHAVEE RATANAKOSES/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Mr. KAN TANTHAWIRAT/PRICEWATERHOUSE COOPERS ABAS 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 Company Company Company Company Company
    Cash And Cash Equivalents 3,447.36 3,432.13 2,944.76 1,634.87 20.18
    A/R Net 23,719.39 10,355.81 13,219.21 8,514.60 7,191.50
    Inventories 30,407.38 14,446.76 16,486.03 9,051.70 17,856.49
    Current Assets 57,708.58 28,519.55 32,730.87 19,322.66 25,524.04
    PP&E Net 24,337.30 24,363.14 24,218.84 24,156.23 26,685.91
    Non-Current Assets 25,230.33 26,506.85 25,995.02 27,218.42 28,770.04
    Total Assets 82,938.91 55,026.41 58,725.89 46,541.08 54,294.08
    OD - - - - 6,818.90
    A/P Net 23,210.27 11,396.45 13,960.67 7,820.85 13,566.59
    Current portion of LT 6,564.19 2,406.02 4,679.74 1,379.65 -
    Current Liabilities 33,807.33 15,183.12 20,030.83 10,739.89 21,334.12
    Non-Current Liabilities 666.40 8,766.36 4,324.34 9,374.10 483.93
    Total Liabilities 34,473.73 23,949.48 24,355.16 20,113.99 21,818.05
    Authorized Capital 30,004.44 30,004.44 30,004.44 30,004.44 30,004.44
    Paid-Up Capital 30,004.44 30,004.44 30,004.44 30,004.44 30,004.44
    Premium (Discount) on Share Capital 977.71 977.71 977.71 977.71 977.71
    Retained Earnings (Deficit) 19,262.47 5,628.61 7,595.97 2,891.96 9,167.80
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -1,779.44 -5,533.84 -4,207.40 -7,447.03 -7,673.92
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 48,465.18 31,076.93 34,370.73 26,427.09 32,476.03
    Minority Interest - - - - -
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    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 Company Company Company Company Company
    Revenue From Operations 143,412.38 78,488.80 172,484.39 130,163.40 168,839.72
    Other Income 29.66 26.12 61.76 70.79 35.83
    Total Revenues 143,442.04 78,514.92 172,546.16 130,234.19 168,875.55
    Costs 125,402.30 74,341.56 165,598.31 137,168.95 172,051.15
    Selling And Administrative Expenses 2,000.91 504.86 748.98 910.80 1,689.77
    Total Cost And Expenses 127,403.21 74,846.42 166,347.29 138,079.75 173,740.92
    EBITDA 16,893.81 5,005.50 8,768.80 -4,550.64 -1,081.79
    Depre. & Amor. 1,252.36 1,396.57 2,644.07 2,831.91 2,565.45
    EBIT 15,641.45 3,608.93 6,124.73 -7,382.54 -3,647.25
    Net Profit : Owners Of The Parent 12,440.46 2,779.10 4,746.46 -6,004.84 -2,808.70
    EPS (B.) 2.87 0.64 1.09 -1.38 -0.65
    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 Company Company Company Company Company
    Operating Cash Flow 2,503.15 1,858.26 3,781.85 -1,447.52 -3,726.26
    Investing Cash Flow -70.08 -32.48 -103.33 -349.57 -2,598.99
    Financing Cash Flow -2,077.69 -239.72 -2,843.97 3,346.02 6,207.10
    Net Cash Flow 355.37 1,586.06 834.56 1,548.92 -118.15
    more
    Annualized: ROE, ROA
    Ratios 6M/2022  6M/2021  2021  2020 
    Current Ratio (X) 1.71 1.88 1.63 1.80
    ROE (%) 36.23 13.68 15.61 -20.39
    ROA (%) 26.32 10.17 11.64 -14.64
    D/E (X) 0.71 0.77 0.71 0.76
    Total Asset Turnover (X) 3.44 2.86 3.28 2.58
    Gross Profit Margin (%) 12.56 5.28 3.99 -5.38
    EBIT Margin (%) 10.90 4.60 3.55 -5.67
    Net Profit Margin (%) 8.67 3.54 2.75 -4.61

    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 82.72 20.37 32.51 -22.91
    COGs Growth 68.68 0.90 20.73 -20.27
    Total Revenue Growth 82.69 20.37 32.49 -22.88
    Total Expense Growth 70.22 0.77 20.47 -20.53
    Net Profit Growth 347.64 N/A N/A N/A

    Annualized
    Cash Cycle 6M/2022  6M/2021  2021  2020 
    A/R Turnover (Times) 13.93 15.47 15.87 16.57
    Avg. Collection Period (Days) 26.19 23.60 23.00 22.02
    Inventory Turnover (Times) 9.66 12.88 12.97 10.20
    Avg. Inventory Period (Days) 37.78 28.35 28.14 35.80
    A/P Turnover (Times) 12.52 15.63 15.21 12.83
    Avg. Payment Period (Days) 29.15 23.35 24.00 28.46
    Cash Cycle (Days) 34.83 28.59 27.14 29.37


    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.
      * The listed companies or their directors or executives have any scandalous corporate governance issues such as regulatory wrong-doings, bribery, and corruption. In this case, the CGR information should be used with care and in conjunction with the related governance news.
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