Company Summary
TMW THAI MITSUWA PUBLIC COMPANY LIMITED
Industrial/
mai
CG Report:   -
 
  Data as of 20 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
34.50 45.00 / 30.00 9.99 0.54 199.50 1,376.55 1,636.22 353.86 3.63
News
Date/Time Subject
14 Feb 2022 13:15   Management Discussion and Analysis Quarter 3 Ending 31 Dec 2021
14 Feb 2022 13:14   Financial Performance Quarter 3 (F45) (Reviewed)
14 Feb 2022 13:12   Financial Statement Quarter 3/2022 (Reviewed)
15 Nov 2021 12:38   Management Discussion and Analysis Quarter 2 Ending 30 Sep 2021
15 Nov 2021 12:37   Financial Performance Quarter 2 (F45) (Reviewed)
more

Company Profile
Address 31 MOO 2, LARD LUM KAEW ROAD, AMPHOE MUEANG Pathum Thani 12000
Telephone 0-2581-5558-60, 0-2581-2157-61
Fax 0-2581-6160, 0-2581-3796
URL http://www.thaimitsuwa.com
Establish Date 04/11/1987 Listed Date 09/10/2003
IPO Price (Baht) 13.00 @Par5.00 Baht
IPO Financial Advisory
  • MAYBANK SECURITIES (THAILAND) PUBLIC COMPANY LIMITED
  • Par 5.00 Baht
    Last Par Change N/A

    Market/Industry/Sector Change
    Effective Date 05/01/2015
    Previous Market/Industry/Sector mai  / MAI Industry / Medium-Sized Enterprise
    Current Market/Industry/Sector mai  / Industrial / Industrial

    Business
    Contract manufacturing, color printing, spray painting and assembly of parts for various products, including: 1. Plastic products for office electrical appliances 2. Plastic products for home electrical appliances 3. Plastic products for cars and motorcycles 4. Service for repairing and improving molds 5. Magnesium products for cameras

    Free Float 15 Jun 2021 01 Jul 2020
    % /Shareholders
    24.79% 1,176 21.37% 1,450
    Foreign Shareholders 71.81% (As of 20/05/2022) Foreign Limit 100.00%
    NVDR Shareholders  1.09% (As of 20/05/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 3.76 1.40 -2.53
    20 Days -2.13 8.21 7.24
    60 Days -6.76 12.42 -3.07
    120 Days -9.80 -4.21 -18.97
    YTD -12.10 -3.86 -18.22
    P/E (X) 9.99 23.06 53.79
    P/BV (X) 0.54 2.00 3.43
    Turnover Ratio (%) 0.01 0.44 0.60

    Top 10 Major Shareholders(@05 Aug 2021) Share %
    1. MITSUWA ELECTRIC INDUSTRY CO.,LTD. 22,620,000 56.69
    2. MR. HIROSHI YAMADA 3,506,000 8.79
    3. นายแพทย์ ชุมพล ลิ้มชูวงศ์ 2,129,500 5.34
    4. บริษัท ไทยซูซูกิ มอเตอร์ จำกัด 2,000,000 5.01
    5. MR. HIROTO YAMADA 1,075,000 2.69
    6. MITSUWA ELECTRIC INDUSTRY CO.,LTD. 1,020,300 2.56
    7. บริษัท Thai NVDR Company Limited 440,201 1.10
    8. MISS ANJNA PHINICHKUSOLCHIT 279,000 0.70
    9. นาย นพดล พิทักษ์เผ่า 229,600 0.58
    10. MRS. SUMITRA INTATISAN 228,700 0.57

    Management Position
    1. Mr. HIROSHI YAMADA CHAIRMAN / MANAGING DIRECTOR
    2. Mr. PHAITOON KLADKHIEO DIRECTOR
    3. Mr. HIROKAZU TSURUHARA DIRECTOR
    4. Mr. ORAN SRIMONGKOL DIRECTOR
    5. Mr. NAOKI YAMADA DIRECTOR
    6. Mr. KOMAIN SUEBVISED PRESIDENT OF INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    7. Mr. PHORNTHEP YARNPRASART INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mr. PATCHARA KAEWNUKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    20 May 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 39.90  39.90  39.90 
    Market Cap (MB.) 1,376.55  1,566.08  1,416.45 
    Price (B./share) 34.50  39.25  35.50 
    BVPS (B./Share) 63.83  63.16  59.87 
    P/BV (X) 0.54  0.62  0.59 
    P/E (X) 9.99  10.64  11.25 
    Turnover Ratio (%) 1.77  9.16  11.58 
    Value Trade/Day (MB.) 0.28  0.54  0.67 
    Beta 0.28  0.19  0.75 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -12.10  10.56  -7.19 
    Dividend Yield (%) 1.33  1.17  5.01 
    Payout Ratio 0.13  0.12  0.56 
    Dividend Policy Approximately 30% of net profit after tax, but dependent upon economic conditions and future investment

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Apr 2020 - 31 Mar 2021 0.46 Baht 23 Aug 2021 Cash
    01 Apr 2019 - 31 Mar 2020 1.78 Baht 21 Aug 2020 Cash
    01 Apr 2018 - 31 Mar 2019 2.80 Baht 14 Aug 2019 Cash
     
    Auditor
    (Effective Until 31/03/2022)
    MS. KAMONTIP LERTWITWORATEP/EY OFFICE LIMITED
    MR. WICHART LOKATEKRAWEE/EY OFFICE LIMITED
    MISS SIRIWAN SURATEPIN/EY OFFICE LIMITED
    F/S Year ended 31/03
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 9M/2022 
    (01/04/21 
    -31/12/21) 
    9M/2021 
    (01/04/20 
    -31/12/20) 
    2021 
    (01/04/20 
    -31/03/21) 
    2020 
    (01/04/19 
    -31/03/20) 
    2019 
    (01/04/18 
    -31/03/19) 
    Accounting Type Company Company Company Company Company
    Cash And Cash Equivalents 413.88 334.98 416.94 344.15 269.40
    A/R Net 530.78 529.52 565.93 515.89 637.40
    Inventories 256.35 239.34 224.31 275.55 205.58
    Current Assets 1,238.88 1,117.48 1,235.19 1,146.36 1,284.60
    PP&E Net 1,698.34 1,659.82 1,744.56 2,107.09 1,745.35
    Non-Current Assets 1,981.34 2,042.60 2,058.12 2,185.46 1,811.12
    Total Assets 3,220.22 3,160.08 3,293.31 3,331.82 3,095.72
    OD - - - - -
    A/P Net 481.30 427.31 560.86 509.62 571.65
    Current portion of LT - - - - -
    Current Liabilities 557.04 555.92 697.15 635.89 671.32
    Non-Current Liabilities 116.51 179.38 147.00 239.00 83.30
    Total Liabilities 673.55 735.30 844.15 874.89 754.62
    Authorized Capital 199.50 199.50 199.50 199.50 199.50
    Paid-Up Capital 199.50 199.50 199.50 199.50 199.50
    Premium (Discount) on Share Capital 55.40 55.40 55.40 55.40 55.40
    Retained Earnings (Deficit) 2,291.77 2,169.89 2,194.26 2,202.03 2,086.20
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity - - - - -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 2,546.67 2,424.78 2,449.16 2,456.93 2,341.10
    Minority Interest - - - - -
    more
    Statement of Comprehensive Income (MB.) 9M/2022 
    (01/04/21 
    -31/12/21) 
    9M/2021 
    (01/04/20 
    -31/12/20) 
    2021 
    (01/04/20 
    -31/03/21) 
    2020 
    (01/04/19 
    -31/03/20) 
    2019 
    (01/04/18 
    -31/03/19) 
    Accounting Type Company Company Company Company Company
    Revenue From Operations 2,297.33 1,758.39 2,473.98 2,910.87 3,275.70
    Other Income 12.63 6.14 8.89 16.94 19.74
    Total Revenues 2,309.96 1,764.53 2,482.87 2,927.81 3,295.43
    Costs 1,931.82 1,400.99 2,020.41 2,345.39 2,586.42
    Selling And Administrative Expenses 235.44 302.94 379.92 300.49 276.20
    Total Cost And Expenses 2,167.27 1,703.93 2,400.34 2,645.88 2,862.62
    EBITDA 353.86 273.69 370.19 540.25 640.37
    Depre. & Amor. 211.16 213.09 287.66 258.32 207.56
    EBIT 142.70 60.60 82.53 281.93 432.81
    Net Profit : Owners Of The Parent 115.86 38.88 60.84 235.65 370.61
    EPS (B.) 2.90 0.97 1.52 5.91 9.29
    more
    Statement of Cash Flow (MB.) 9M/2022 
    (01/04/21 
    -31/12/21) 
    9M/2021 
    (01/04/20 
    -31/12/20) 
    2021 
    (01/04/20 
    -31/03/21) 
    2020 
    (01/04/19 
    -31/03/20) 
    2019 
    (01/04/18 
    -31/03/19) 
    Accounting Type Company Company Company Company Company
    Operating Cash Flow 294.50 190.95 302.81 483.26 470.99
    Investing Cash Flow -192.69 -69.68 -70.75 -441.54 -433.03
    Financing Cash Flow -104.86 -130.44 -159.28 33.04 -212.07
    Net Cash Flow -3.05 -9.17 72.78 74.75 -174.11
    more
    Annualized: ROE, ROA
    Ratios 9M/2022  9M/2021  2021  2020 
    Current Ratio (X) 2.22 2.01 1.77 1.80
    ROE (%) 5.54 2.80 2.48 9.82
    ROA (%) 5.16 2.80 2.49 8.77
    D/E (X) 0.26 0.30 0.34 0.36
    Total Asset Turnover (X) 0.95 0.72 0.75 0.91
    Gross Profit Margin (%) 15.91 20.33 18.33 19.43
    EBIT Margin (%) 6.18 3.43 3.32 9.63
    Net Profit Margin (%) 5.02 2.20 2.45 8.05

    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 (%) 9M/2022  9M/2021  2021  2020 
    Sales Growth 30.65 -22.82 -15.01 -11.14
    COGs Growth 37.89 -23.12 -13.86 -9.32
    Total Revenue Growth 30.91 -23.07 -15.20 -11.16
    Total Expense Growth 27.19 -16.63 -9.28 -7.57
    Net Profit Growth 198.03 -81.17 -74.18 -36.42

    Annualized
    Cash Cycle 9M/2022  9M/2021  2021  2020 
    A/R Turnover (Times) 5.68 4.30 4.57 5.05
    Avg. Collection Period (Days) 64.23 84.79 79.80 72.31
    Inventory Turnover (Times) 10.29 8.12 8.08 9.75
    Avg. Inventory Period (Days) 35.46 44.96 45.15 37.44
    A/P Turnover (Times) 5.62 3.65 3.77 4.34
    Avg. Payment Period (Days) 65.00 100.06 96.69 84.14
    Cash Cycle (Days) 34.69 29.69 28.26 25.61


    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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