Company Summary
TNR THAI NIPPON RUBBER INDUSTRY PUBLIC COMPANY LIMITED
Consumer Products/Personal Products & Pharmaceuticals
SET
CG Report:   
 
  Data as of 23 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
9.35 12.10 / 7.40 N/A 3.27 300.00 2,805.00 3,613.71 213.74 -9.86
News
Date/Time Subject
16 Aug 2022 12:38   Record Date for shareholders who have the right to receive interim dividend for 2022
16 Aug 2022 12:33   Report progress of lawsuit in a Foreign Court
15 Aug 2022 19:33   Payment of Interim Dividend
15 Aug 2022 19:31   Financial Statement Quarter 2/2022 (Reviewed)
15 Aug 2022 19:31   Financial Performance Quarter 2 (F45) (Reviewed)
more

Company Profile
Address 1 Charoenrat Road, Thung Wat Don, Sathon Bangkok 10120
Telephone 0-2210-8888
Fax 0-2210-8821
URL http://www.tnrcondom.com
Establish Date 1993 Listed Date 29/11/2016
IPO Price (Baht) 16.00 @Par1.00 Baht
IPO Financial Advisory
  • KASIKORN SECURITIES PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    The Company and its subsidiary's businesses are comprises of: 1) Thai Nippon Rubber Industry PCL, manufactures and sells condoms and lubricants. 2) Box Asia Group International Co., Ltd., manufactures and sells paper packaging.

    Free Float 09 Mar 2022 11 Mar 2021
    % /Shareholders
    24.05% 1,537 23.75% 1,146
    Foreign Shareholders 12.02% (As of 23/09/2022) Foreign Limit 49.00%
    NVDR Shareholders  0.13% (As of 23/09/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 6.25 7.25 6.16
    20 Days 3.89 9.04 4.01
    60 Days 5.65 21.34 0.85
    120 Days 20.65 89.25 24.06
    YTD 2.75 88.32 4.38
    P/E (X) N/A 7.65 18.00
    P/BV (X) 3.27 1.23 1.63
    Turnover Ratio (%) 0.03 0.51 0.73

    Top 10 Shareholders(@29 Aug 2022) Share %
    1. บริษัท เจริญอักษร โฮลดิ้ง กรุ๊พ จำกัด 78,750,000 26.25
    2. THK INVESTMENT COMPANY LIMITED 36,000,000 12.00
    3. น.ส. ศิรินันท์ ดารารัตนโรจน์ 27,086,100 9.03
    4. นาย อมร ดารารัตนโรจน์ 26,250,000 8.75
    5. นาย สุรพล ดารารัตนโรจน์ 26,250,000 8.75
    6. นาย สมศักดิ์ ดารารัตนโรจน์ 26,250,000 8.75
    7. กองทุนเปิด บัวหลวงหุ้นระยะยาว 8,034,900 2.68
    8. บริษัท CMS HOLDING CO.,LTD. 7,352,400 2.45
    9. BUALUANG BASIC DIVIDEND LTF 6,663,900 2.22
    10. MR. CHAIWAT JIRABOONMA 6,000,000 2.00

    Management Position
    1. Mr. MECHAI VIRAVAIDYA CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    2. Mr. AMORN DARARATTANAROJ CHIEF EXECUTIVE OFFICER / VICE PRESIDENT
    3. Mr. SOMSAK DARARATTANAROJNA DIRECTOR
    4. Miss SIRINAN DARARATTANAROJNA DIRECTOR
    5. Mr. SILPACHAI RUKSAPOL DIRECTOR
    6. Mr. SURAPON DARARATTANAROJ DIRECTOR
    7. Mrs. AMPORN PURINTAWARAGUL INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mr. NOPPARAT PANTHONGWIRIYAKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    23 Sep 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 300.00  300.00  300.00 
    Market Cap (MB.) 2,805.00  2,730.00  3,990.00 
    Price (B./share) 9.35  9.10  13.30 
    BVPS (B./Share) 2.86  4.33  4.07 
    P/BV (X) 3.27  2.10  3.27 
    P/E (X) N/A  16.79  31.09 
    Turnover Ratio (%) 4.94  8.23  12.33 
    Value Trade/Day (MB.) 0.72  1.23  1.50 
    Beta 0.86  0.40  0.65 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 2.75  -31.58  46.15 
    Dividend Yield (%) N/A  2.86  1.80 
    Payout Ratio N/A  0.48  0.56 
    Dividend Policy Not less than 40% of the net profit, under the Company's separated financial statements, and after corporate income tax and allocation of statutory reserves (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2022 - 30 Jun 2022 0.20 Baht 14 Sep 2022 Cash
    01 Jan 2020 - 31 Dec 2020 0.26 Baht 21 May 2021 Cash
    01 Jan 2019 - 31 Dec 2019 0.24 Baht 29 Apr 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. PAIBOON TUNKOON/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Mr. KAN TANTHAWIRAT/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. SA-NGA CHOKENITISAWAT/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 Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 38.09 32.60 43.17 72.91 49.31
    A/R Net 560.49 788.42 541.97 693.85 697.66
    Inventories 343.16 258.49 278.12 208.52 167.92
    Current Assets 983.60 1,116.52 899.27 1,000.76 935.42
    PP&E Net 541.83 536.09 517.34 557.73 604.19
    Non-Current Assets 720.60 1,002.97 698.85 1,040.46 1,073.62
    Total Assets 1,704.21 2,119.49 1,598.11 2,041.22 2,009.04
    OD 332.80 318.90 373.50 216.90 238.00
    A/P Net 326.92 298.78 287.43 278.15 213.02
    Current portion of LT 39.86 80.04 79.88 80.04 80.04
    Current Liabilities 742.34 716.89 770.00 596.34 544.26
    Non-Current Liabilities 104.46 146.12 107.82 187.55 237.47
    Total Liabilities 846.80 863.01 877.82 783.90 781.73
    Authorized Capital 300.00 300.00 300.00 300.00 300.00
    Paid-Up Capital 300.00 300.00 300.00 300.00 300.00
    Premium (Discount) on Share Capital 378.30 549.08 549.08 549.08 549.08
    Retained Earnings (Deficit) 180.30 414.45 -127.54 415.30 379.78
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -1.18 -7.05 -1.25 -7.06 -1.54
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 857.41 1,256.48 720.29 1,257.32 1,227.31
    Minority Interest - - - - -
    more
    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 965.34 803.45 1,653.81 1,754.11 1,743.92
    Other Income 3.30 2.79 5.53 6.31 20.94
    Total Revenues 968.64 806.24 1,659.33 1,760.43 1,764.87
    Costs 698.50 627.03 1,313.09 1,293.23 1,352.55
    Selling And Administrative Expenses 115.60 136.96 301.36 260.09 271.69
    Total Cost And Expenses 833.70 765.78 2,282.54 1,636.37 1,639.46
    EBITDA 213.74 151.31 -428.82 267.15 261.53
    Depre. & Amor. 50.91 67.77 133.66 143.09 136.12
    EBIT 162.83 83.54 -562.47 124.06 125.41
    Net Profit : Owners Of The Parent 137.05 77.15 -464.84 111.43 100.10
    EPS (B.) 0.46 0.26 -1.55 0.37 0.33
    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 Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 155.21 9.50 70.70 284.89 109.31
    Investing Cash Flow -68.88 -32.07 -77.76 -62.58 -207.44
    Financing Cash Flow -92.33 -17.73 -23.25 -198.71 62.45
    Net Cash Flow -6.00 -40.30 -30.31 23.60 -35.69
    more
    Annualized: ROE, ROA
    Ratios 6M/2022  6M/2021  2021  2020 
    Current Ratio (X) 1.33 1.56 1.17 1.68
    ROE (%) -38.31 14.77 -47.01 8.97
    ROA (%) -25.27 9.59 -30.91 6.13
    D/E (X) 0.99 0.69 1.22 0.62
    Total Asset Turnover (X) 0.95 0.88 0.91 0.87
    Gross Profit Margin (%) 27.64 21.96 20.60 26.27
    EBIT Margin (%) 16.81 10.36 -33.90 7.05
    Net Profit Margin (%) 14.15 9.57 -28.01 6.33

    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 20.15 5.64 -5.72 0.58
    COGs Growth 11.40 5.00 1.54 -4.39
    Total Revenue Growth 20.14 5.68 -5.74 -0.25
    Total Expense Growth 8.87 1.79 39.49 -0.19
    Net Profit Growth 77.65 674.38 N/A 11.32

    Annualized
    Cash Cycle 6M/2022  6M/2021  2021  2020 
    A/R Turnover (Times) 2.69 2.60 2.68 2.52
    Avg. Collection Period (Days) 135.58 140.34 136.37 144.77
    Inventory Turnover (Times) 4.60 5.15 5.40 6.87
    Avg. Inventory Period (Days) 79.30 70.90 67.64 53.12
    A/P Turnover (Times) 4.43 4.76 4.64 5.27
    Avg. Payment Period (Days) 82.47 76.70 78.61 69.31
    Cash Cycle (Days) 132.41 134.54 125.40 128.58


    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 -

    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
    The materials and information on this site are provided for informative and educational purpose only, and do not constitute or form a part of any advice or recommendation regarding any securities. The Stock Exchange of Thailand has no responsibility for the accuracy, suitability and completeness of any information, materials, statements, figures, reports or opinions provided, and has no responsibility for any losses and damages in any cases. In case you have any inquiries or clarification regarding this summary, please directly contact the listed company who made this summary.