Company Summary
THE THE STEEL PUBLIC COMPANY LIMITED
Industrials/Steel and Metal Products
SET
CG Report:   -
 
  Data as of 18 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
2.18 3.64 / 1.92 2.43 0.95 551.03 2,402.49 5,398.67 283.17 3.68
News
Date/Time Subject
17 May 2022 17:01   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
17 May 2022 17:01   Interim Dividend Payment
17 May 2022 17:01   Resignation of Director, Chairman of the Executive Director, Executive Director and Chief Executive Officer and appointment of new Director including changing of Authorized Directors
17 May 2022 17:00   Financial Statement Quarter 1/2022 (Reviewed)
17 May 2022 17:00   Financial Performance Quarter 1 (F45) (Reviewed)
more

Company Profile
Address 1401 Ekkachai Road, Bangbon Tai Sub-district, Bangbon District Bangkok 10150
Telephone 0-2894-8889-90
Fax 0-2408-0272-4
URL http://www.thesteel.co.th
  Annual Report 2021
Establish Date 17/04/1991 Listed Date 09/08/2007
IPO Price (Baht) 3.00 @Par1.00 Baht
IPO Financial Advisory
  • BFIT SECURITIES PUBLIC COMPANY LIMITED
  • Par 0.50 Baht
    Last Par Change Old 1.00 : New 0.50 @ 18/04/2017

    Market/Industry/Sector Change
    Effective Date 04/01/2011
    Previous Market/Industry/Sector SET  / Property & Construction / Construction Materials
    Current Market/Industry/Sector SET  / Industrials / Steel and Metal Products

    Business
    The Company has been selling various kind of metal products, raw materials (not forming),such as, Hot Roll Coil and forming, such as, slitting, plate, and other hot formings and cold formings, steel channel bar, steel angle bar, rip c-channel and steel pipe.

    Free Float 15 Mar 2022 10 Mar 2021
    % /Shareholders
    32.07% 2,333 28.99% 510
    Foreign Shareholders 5.91% (As of 18/05/2022) Foreign Limit 49.00%
    NVDR Shareholders  0.60% (As of 18/05/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.87 4.92 2.02
    20 Days -14.84 -3.29 -12.34
    60 Days -6.84 6.39 -1.50
    120 Days -16.79 -6.74 -15.22
    YTD -6.03 2.46 -3.87
    P/E (X) 2.43 5.27 18.48
    P/BV (X) 0.95 0.89 1.71
    Turnover Ratio (%) 0.12 0.12 1.04

    Top 10 Major Shareholders(@15 Mar 2022) Share %
    1. นาย บุญชัย จิระพงษ์ตระกูล 188,000,000 17.06
    2. นาย NIRUT NGAMCHAMNANRITH 160,000,000 14.52
    3. นาย สุรช จิระพงษ์ตระกูล 129,810,000 11.78
    4. นาง WANNA SITTISIRINUKUL 79,000,000 7.17
    5. UOB KAY HIAN PRIVATE LIMITED 65,078,300 5.91
    6. นาย ภาณุ จารุพิรุฬห์ 60,000,000 5.44
    7. น.ส. นิสา งามชำนัญฤทธิ์ 58,000,000 5.26
    8. นาย สุวิทย์ จิระพงษ์ตระกูล 55,004,900 4.99
    9. นาย JUMPOD CHUWONG 54,000,000 4.90
    10. น.ส. รัตนา จิระพงษ์ตระกูล 49,246,100 4.47

    Management Position
    1. Mr. MANU LEOPAIROTE CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    2. Mr. SUROJ JIRAPHONGTRAKUL CHAIRMAN OF THE EXECUTIVE DIRECTORS / CHIEF EXECUTIVE OFFICE / DIRECTOR
    3. Mr. NIRUT NGAMCHAMNANRITH DIRECTOR
    4. Miss PROUDPALIN VACHARABENJAPAT DIRECTOR
    5. Mr. RUJIRA JIRAPHONGTRAKUL DIRECTOR
    6. Mrs. SEENUAL TASANAPANT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. Mr. SUMATH CHINNARAKSA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    18 May 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 1,102.06  1,102.06  1,102.06 
    Market Cap (MB.) 2,402.49  2,556.78  1,620.03 
    Price (B./share) 2.18  2.32  1.47 
    BVPS (B./Share) 2.29  2.04  1.44 
    P/BV (X) 0.95  1.14  1.02 
    P/E (X) 2.43  2.88  N/A 
    Turnover Ratio (%) 23.50  78.93  20.09 
    Value Trade/Day (MB.) 7.62  11.22  1.64 
    Beta 1.23  0.95  0.43 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -6.03  57.82  -28.64 
    Dividend Yield (%) 9.17  1.29  2.04 
    Payout Ratio 0.22  0.25  N/A 
    Dividend Policy Not less than 50% of the Company?s net profit after tax and allocation of legal reserve and other reserve in each year. However, dividend payment will depend on economic conditions (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Mar 2021 0.20 Baht 10 Jun 2021 Cash
    - 0.03 Baht 11 Sep 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.03 Baht 12 Sep 2019 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MISS SUJITRA MASENA/KPMG PHOOMCHAI AUDIT LIMITED
    Miss NAREEWAN CHAIBANTAD/KPMG PHOOMCHAI AUDIT LIMITED
    Ms. AREE GORPINPAITOON/KPMG PHOOMCHAI AUDIT 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 Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 199.26 270.97 88.94 199.38 136.67
    A/R Net 1,900.41 1,667.78 1,592.46 1,496.98 2,015.04
    Inventories 1,890.47 1,217.15 1,798.17 978.42 1,312.03
    Current Assets 4,122.26 3,176.04 3,798.76 2,676.77 3,480.73
    PP&E Net 926.11 992.48 936.43 944.52 1,089.90
    Non-Current Assets 1,913.10 1,722.47 1,808.58 1,648.70 1,843.90
    Total Assets 6,035.36 4,898.52 5,607.34 4,325.47 5,324.63
    OD 2,583.50 2,258.97 2,623.36 2,349.53 3,138.21
    A/P Net 533.04 566.60 298.82 312.82 309.09
    Current portion of LT - - - - -
    Current Liabilities 3,262.37 2,898.22 3,041.80 2,670.76 3,489.83
    Non-Current Liabilities 37.23 32.50 37.87 37.38 43.85
    Total Liabilities 3,299.59 2,930.73 3,079.67 2,708.14 3,533.68
    Authorized Capital 825.01 825.01 825.01 825.01 825.01
    Paid-Up Capital 551.03 551.03 551.03 551.03 551.03
    Premium (Discount) on Share Capital 947.95 947.95 947.95 947.95 947.94
    Retained Earnings (Deficit) 1,434.45 665.82 1,227.07 316.42 488.66
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -203.82 -203.82 -203.82 -203.82 -203.82
     - Surplus (Deficits) -203.82 -203.82 -203.82 - -
    Shareholders' Equity 2,729.60 1,960.97 2,522.22 1,611.57 1,783.81
    Minority Interest 6.16 6.82 5.45 5.76 7.14
    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 Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 3,647.05 3,202.78 14,518.97 7,445.91 10,280.69
    Other Income 124.05 5.31 41.75 14.26 9.07
    Total Revenues 3,771.10 3,208.09 14,560.71 7,460.26 10,289.96
    Costs 3,420.82 2,794.02 13,058.93 7,150.66 9,993.98
    Selling And Administrative Expenses 109.92 97.93 413.31 192.59 222.09
    Total Cost And Expenses 3,530.75 2,891.95 13,472.24 7,363.84 10,178.45
    EBITDA 283.17 444.42 1,465.59 84.90 417.07
    Depre. & Amor. 20.04 19.58 86.08 96.39 97.84
    EBIT 263.13 424.84 1,379.50 -11.49 319.23
    Net Profit : Owners Of The Parent 208.09 349.40 1,131.01 -130.57 215.51
    EPS (B.) 0.19 0.32 1.03 -0.12 0.20
    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 Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 124.50 165.05 -92.50 999.84 197.12
    Investing Cash Flow 41.25 -0.86 -9.31 -19.68 -18.67
    Financing Cash Flow -55.42 -92.61 -8.63 -917.45 -117.43
    Net Cash Flow 110.33 71.59 -110.45 62.71 61.02
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 1.26 1.10 1.25 1.00
    ROE (%) 42.20 21.23 54.72 -7.69
    ROA (%) 22.28 11.37 27.78 -0.24
    D/E (X) 1.21 1.49 1.22 1.67
    Total Asset Turnover (X) 2.77 1.81 2.93 1.55
    Gross Profit Margin (%) 6.20 12.76 10.06 3.97
    EBIT Margin (%) 6.98 13.24 9.47 -0.15
    Net Profit Margin (%) 5.53 10.92 7.77 -1.77

    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 13.87 85.27 94.99 -27.57
    COGs Growth 22.43 61.64 82.63 -28.45
    Total Revenue Growth 17.55 85.19 95.18 -27.50
    Total Expense Growth 22.09 61.28 82.95 -27.65
    Net Profit Growth -40.45 N/A N/A N/A

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 8.48 5.08 9.51 4.24
    Avg. Collection Period (Days) 43.03 71.87 38.39 86.08
    Inventory Turnover (Times) 8.81 7.14 9.41 6.24
    Avg. Inventory Period (Days) 41.44 51.14 38.80 58.46
    A/P Turnover (Times) 26.80 24.28 46.66 23.00
    Avg. Payment Period (Days) 13.62 15.03 7.82 15.87
    Cash Cycle (Days) 70.85 107.97 69.37 128.66


    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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