Company Summary
TC TROPICAL CANNING (THAILAND) PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
SET
CG Report:   
 
  Data as of 30 Sep 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
12.70 14.70 / 5.20 20.36 1.86 330.00 4,191.00 5,158.19 259.85 16.30
News
Date/Time Subject
10 Aug 2022 17:17   Financial Statement Quarter 2/2022 (Reviewed)
10 Aug 2022 17:17   Financial Performance Quarter 2 (F45) (Reviewed)
10 Aug 2022 17:17   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2022
13 May 2022 18:52   Notification of the change of the highest responsibility in finance and accounting (CFO), and Corporate Secretary and investor relations
13 May 2022 18:49   Changing of CFO
more

Company Profile
Address 1/1 MOO 2, KANJANAWANIT ROAD, THUNGYAI, HAT YAI, Songkhla 90110
Telephone 0-7427-3600
Fax 0-7427-3691-4
URL http://www.tropical.co.th
Establish Date 23/3/1979 Listed Date 12/01/1990
IPO Price (Baht) 220.00 @Par5.00 Baht
IPO Financial Advisory
  • DHANA SIAM FINANCE PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 24/05/2010

    Business
    The Company engages in the manufacturing and export of canned and pouched seafood products which can be categorized into three main groups:1. Canned and Pouched Tuna which key product include Tuna in Spring Water, Tuna in Brine, Tuna in Oil2. Canned and Pouched Ready to Serve food which key product include sardine in tomato sauce, mackerel in tomato sauce, ready to serve tuna and salmon.3. Canned and pouched pet food which key raw material include sardines, tuna and animal entrails

    Free Float 10 Mar 2022 15 Mar 2021
    % /Shareholders
    50.84% 2,690 44.39% 1,510
    Foreign Shareholders 46.31% (As of 30/09/2022) Foreign Limit 49.00%
    NVDR Shareholders  2.74% (As of 30/09/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -5.22 -2.86 -2.71
    20 Days 8.55 15.37 11.96
    60 Days 77.62 90.28 75.26
    120 Days 47.67 58.16 57.79
    YTD 109.92 126.22 118.91
    P/E (X) 20.36 28.55 17.52
    P/BV (X) 1.86 1.75 1.59
    Turnover Ratio (%) 0.56 0.32 0.83

    Top 10 Shareholders(@10 May 2022) Share %
    1. MR. TAN BOON PIN 81,130,000 24.58
    2. MR. TAN SEOW PHOR 44,931,500 13.62
    3. นาย OUIJONG SAE-BEH 19,367,700 5.87
    4. MR. SAU KWENG TAN 15,000,000 4.55
    5. นาย กัมพล วัชระนิมิต 14,505,000 4.40
    6. MISS ALEENA FONGAMORNKUL 9,211,000 2.79
    7. MISS APISRA LUECHAIPRASIT 8,300,000 2.52
    8. MISS APICHAYA LUECHAIPRASIT 6,570,000 1.99
    9. MRS. SOMPHIT KORKIATPHITHAK 6,508,000 1.97
    10. MISS RATTANAWALAI PATHOMSUNTHONCHAI 5,550,000 1.68

    Management Position
    1. Mr. TAN SEOW PHOR CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. KAMPOL WATCHARANIMIT MANAGING DIRECTOR / DIRECTOR
    3. Mr. UDOM JIRAKIATTIKUL DIRECTOR
    4. Mr. CHAIYAPONG SANGJAM DIRECTOR
    5. Mr. OOI CHUEN SEONG DIRECTOR
    6. Mr. PANAI CHAITADA DIRECTOR
    7. Mr. CHAN WHA CHONG INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    8. Mr. VIJIT TANKSINMANKHONG INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. PITAK KORKIATPITAK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    30 Sep 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 330.00  330.00  330.00 
    Market Cap (MB.) 4,191.00  1,996.50  1,419.00 
    Price (B./share) 12.70  6.05  4.30 
    BVPS (B./Share) 6.83  6.22  6.12 
    P/BV (X) 1.86  0.97  0.70 
    P/E (X) 20.36  17.19  5.97 
    Turnover Ratio (%) 137.02  65.57  62.02 
    Value Trade/Day (MB.) 24.14  5.21  3.46 
    Beta 1.02  0.75  0.25 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 109.92  40.70  32.72 
    Dividend Yield (%) 1.18  4.13  2.79 
    Payout Ratio 0.24  0.71  0.17 
    Dividend Policy Minimum of 25% of net profit (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.15 Baht 26 May 2022 Cash
    01 Jan 2020 - 31 Dec 2020 0.25 Baht 27 May 2021 Cash
    01 Jan 2019 - 31 Dec 2019 0.12 Baht 28 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MISS BONGKOT AMSAGEAM/KPMG PHOOMCHAI AUDIT LIMITED
    MR. EKKASIT CHUTHAMSATID/KPMG PHOOMCHAI AUDIT LIMITED
    Miss NAWARAT NITIKEATIPONG/KPMG PHOOMCHAI AUDIT 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 179.09 183.34 154.91 156.36 141.42
    A/R Net 943.87 744.88 748.80 729.63 775.32
    Inventories 1,447.57 1,150.51 1,346.22 1,002.49 802.17
    Current Assets 2,572.95 2,080.62 2,253.36 1,909.72 1,721.01
    PP&E Net 632.99 566.80 599.42 567.98 455.86
    Non-Current Assets 827.92 773.83 801.85 766.23 661.16
    Total Assets 3,400.87 2,854.45 3,055.21 2,675.94 2,382.17
    OD 232.76 39.17 19.74 5.89 33.19
    A/P Net 622.36 485.83 730.79 344.55 333.84
    Current portion of LT 11.10 - - - -
    Current Liabilities 875.06 563.16 760.49 447.83 375.00
    Non-Current Liabilities 271.23 201.85 190.71 204.92 191.54
    Total Liabilities 1,146.28 765.01 951.20 652.75 566.54
    Authorized Capital 330.00 330.00 330.00 330.00 330.00
    Paid-Up Capital 330.00 330.00 330.00 330.00 330.00
    Premium (Discount) on Share Capital 420.49 420.49 420.49 420.49 420.49
    Retained Earnings (Deficit) 1,504.93 1,338.95 1,353.52 1,272.70 1,065.14
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -0.83 - - - -
     - Surplus (Deficits) -0.83 - - - -
    Shareholders' Equity 2,254.59 2,089.44 2,104.01 2,023.19 1,815.63
    Minority Interest - - 0.00 0.00 0.00
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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 Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 2,892.38 2,356.01 4,322.27 4,956.63 4,898.67
    Other Income 8.80 10.96 13.55 10.59 11.93
    Total Revenues 2,901.18 2,366.98 4,335.82 4,968.01 4,910.60
    Costs 2,584.31 2,101.29 3,912.90 4,452.79 4,553.85
    Selling And Administrative Expenses 145.38 119.72 291.54 232.11 230.84
    Total Cost And Expenses 2,729.69 2,221.01 4,204.44 4,680.92 4,784.69
    EBITDA 259.85 232.27 288.86 387.29 161.09
    Depre. & Amor. 54.34 45.88 95.34 77.59 52.35
    EBIT 205.52 186.39 193.52 309.70 108.74
    Net Profit : Owners Of The Parent 200.91 148.75 153.70 247.16 107.36
    EPS (B.) 0.61 0.45 0.47 0.75 0.33
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    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 -152.79 140.58 215.71 249.90 317.67
    Investing Cash Flow -74.94 -59.33 -139.91 -159.68 -79.78
    Financing Cash Flow 251.91 -54.27 -77.25 -75.28 -160.49
    Net Cash Flow 24.18 26.98 -1.45 14.94 77.40
    more
    Annualized: ROE, ROA
    Ratios 6M/2022  6M/2021  2021  2020 
    Current Ratio (X) 2.94 3.69 2.96 4.26
    ROE (%) 9.48 12.50 7.45 12.88
    ROA (%) 6.80 11.56 6.75 12.25
    D/E (X) 0.51 0.37 0.45 0.32
    Total Asset Turnover (X) 1.56 1.83 1.51 1.96
    Gross Profit Margin (%) 10.65 10.81 9.47 10.16
    EBIT Margin (%) 7.08 7.87 4.46 6.23
    Net Profit Margin (%) 6.93 6.28 3.54 4.97

    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 22.77 -0.35 -12.80 1.18
    COGs Growth 22.99 0.09 -12.12 -2.22
    Total Revenue Growth 22.57 -0.09 -12.73 1.17
    Total Expense Growth 22.90 0.68 -10.18 -2.17
    Net Profit Growth 35.06 2.39 -37.81 130.21

    Annualized
    Cash Cycle 6M/2022  6M/2021  2021  2020 
    A/R Turnover (Times) 5.75 6.20 5.85 6.59
    Avg. Collection Period (Days) 63.43 58.91 62.42 55.41
    Inventory Turnover (Times) 3.38 4.49 3.33 4.93
    Avg. Inventory Period (Days) 107.86 81.34 109.55 73.96
    A/P Turnover (Times) 7.93 10.89 7.28 13.13
    Avg. Payment Period (Days) 46.01 33.50 50.15 27.80
    Cash Cycle (Days) 125.29 106.74 121.82 101.57


    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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