Company Summary
TPA THAI POLY ACRYLIC PUBLIC COMPANY LIMITED
Industrials/Petrochemicals & Chemicals
SET
CG Report:   
 
  Data as of 05 Jul 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
6.10 7.00 / 5.80 249.87 1.56 121.50 741.15 894.67 1.06 34.48
News
Date/Time Subject
11 May 2022 19:27   Financial Statement Quarter 1/2022 (Reviewed)
11 May 2022 19:27   Financial Performance Quarter 1 (F45) (Reviewed)
11 May 2022 19:27   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
22 Apr 2022 07:54   Shareholders meeting's resolution
20 Apr 2022 21:22   Changing of CFO
more

Company Profile
Address 60-61 MOO 9, BHUDDHAMONTHON 4 ROAD, SAM PHRAN, Nakorn Phathom 73220
Telephone 0-2429-2020, 0-2429-2487-8, 0-2889-8720-5
Fax 0-2429-2541, 0-2429-2534, 0-2888-5951
URL http://www.thaipolyacrylic.com
  Annual Report 2021
Establish Date 9/09/1985 Listed Date 28/12/1994
IPO Price (Baht) 66.00 @Par10.00 Baht
IPO Financial Advisory
  • MEC FAR EAST INTERNATIONAL PUBLIC COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 17/05/2013

    Business
    Thai Poly Acrylic PLC. or referred as a listed company in SET as "TPA" is one of the leading cast acrylic sheet and other extruded plastic sheet producer in Thailand

    Free Float 17 Mar 2022 11 Mar 2021
    % /Shareholders
    23.56% 952 23.55% 891
    Foreign Shareholders 44.77% (As of 05/07/2022) Foreign Limit 100.00%
    NVDR Shareholders  0.21% (As of 05/07/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 5.24 3.45
    20 Days -2.40 5.74 4.34
    60 Days -9.63 -2.53 -0.26
    120 Days -5.43 8.83 2.89
    YTD -3.94 6.49 3.31
    P/E (X) 249.87 6.40 18.13
    P/BV (X) 1.56 0.95 1.62
    Turnover Ratio (%) N/A 0.34 1.01

    Top 10 Major Shareholders(@05 May 2022) Share %
    1. MCC METHACRYLATES UK OVERSEAS HOLDCO LIMITED 51,374,360 42.28
    2. บริษัท เอเชียติ๊ก อะคริลิค จำกัด 41,450,530 34.12
    3. THE BANK OF NEW YORK (NOMINEES) LIMITED 2,515,100 2.07
    4. นาย ทนงศักดิ์ ลิ้มไชยาวัฒน์ 2,200,000 1.81
    5. นาง อรุณศรี เจียรเดโช 1,930,000 1.59
    6. นาย SURIN LIMCHAIYAWAT 1,560,000 1.28
    7. นาย เกษมศักดิ์ ลิ้มไชยาวัฒน์ 1,036,200 0.85
    8. นาย SARAVUTH LIMCHAIYAWAT 1,032,500 0.85
    9. น.ส. จงกล งามเลิศชัย 1,022,400 0.84
    10. MISS SUPATTRA PRAIROHPRASERT 1,016,000 0.84

    Management Position
    1. Mr. BENJAMIN JAMES HARRIS CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. WIWAT HOMLAOR MANAGING DIRECTOR (ACTING)
    3. Mr. ADAM JONATHAN SLOAN DIRECTOR
    4. Mr. DAI OYAMA DIRECTOR
    5. Mr. MARTIN THAYSEN DIRECTOR
    6. Mr. SHINYA YANO DIRECTOR
    7. Mr. ANUPHAN KITNITCHIVA INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    8. Mr. JAN DAM PEDERSEN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. JETSADA WONGWATANASIN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    05 Jul 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 121.50  121.50  121.50 
    Market Cap (MB.) 741.15  771.52  662.17 
    Price (B./share) 6.10  6.35  5.45 
    BVPS (B./Share) 3.91  3.89  4.07 
    P/BV (X) 1.56  1.63  1.34 
    P/E (X) 249.87  23.33  11.13 
    Turnover Ratio (%) 1.31  11.80  2.04 
    Value Trade/Day (MB.) 0.09  0.40  0.05 
    Beta 0.49  0.33  0.12 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -3.94  16.51  0.00 
    Dividend Yield (%) 7.38  7.09  8.26 
    Payout Ratio 18.43  1.65  0.92 
    Dividend Policy The Company works to pay stable dividends in the medium-term, while managing retained earnings to fund its future business activities

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    - 0.45 Baht 19 May 2022 Cash
    - 0.45 Baht 20 May 2021 Cash
    - 0.45 Baht 30 Apr 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. PREECHA ARUNNARA/EY OFFICE LIMITED
    Miss ISARAPORN WISUTTHIYAN/EY OFFICE LIMITED
    Mr. KLOT SUWANTARARANGSRI/EY OFFICE 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 Company Company Company Company Company
    Cash And Cash Equivalents 110.85 186.24 74.86 142.25 162.74
    A/R Net 213.83 232.50 237.81 296.77 224.82
    Inventories 123.09 122.93 106.19 122.98 96.90
    Current Assets 493.05 587.68 464.12 609.18 491.05
    PP&E Net 239.73 249.45 242.48 250.21 252.47
    Non-Current Assets 246.93 260.16 248.94 259.96 260.20
    Total Assets 739.97 847.85 713.05 869.14 751.25
    OD - - - - -
    A/P Net 212.57 256.87 187.29 294.00 200.89
    Current portion of LT - - - - -
    Current Liabilities 222.64 279.33 193.24 312.80 203.64
    Non-Current Liabilities 41.73 45.92 40.62 45.39 38.90
    Total Liabilities 264.38 325.25 233.86 358.19 242.54
    Authorized Capital 121.50 121.50 121.50 121.50 121.50
    Paid-Up Capital 121.50 121.50 121.50 121.50 121.50
    Premium (Discount) on Share Capital 233.35 233.35 233.35 233.35 233.35
    Retained Earnings (Deficit) 120.75 167.75 124.34 156.10 153.86
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity - - - - -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 475.60 522.60 479.19 510.95 508.71
    Minority Interest - - - - -
    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 Company Company Company Company Company
    Revenue From Operations 201.98 242.27 894.29 930.79 935.71
    Other Income 2.40 3.99 15.51 5.81 10.11
    Total Revenues 204.38 246.26 909.80 936.60 945.82
    Costs 180.72 199.93 764.33 728.50 786.88
    Selling And Administrative Expenses 27.99 31.78 122.72 131.26 117.61
    Total Cost And Expenses 208.71 231.72 887.05 863.60 904.50
    EBITDA 1.06 20.04 44.94 95.74 62.27
    Depre. & Amor. 5.38 5.50 22.19 22.74 20.95
    EBIT -4.32 14.54 22.75 73.00 41.32
    Net Profit : Owners Of The Parent -3.60 11.65 18.21 57.91 33.05
    EPS (B.) -0.03 0.10 0.15 0.48 0.27
    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 Company Company Company Company Company
    Operating Cash Flow 38.05 52.67 -1.73 82.94 33.65
    Investing Cash Flow -1.50 -8.28 -9.31 -46.07 -13.24
    Financing Cash Flow -0.55 -0.39 -56.35 -57.62 -56.07
    Net Cash Flow 36.00 43.99 -67.39 -20.74 -35.66
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 2.21 2.10 2.40 1.95
    ROE (%) 0.59 10.54 3.68 11.36
    ROA (%) 0.49 8.59 2.88 9.01
    D/E (X) 0.56 0.62 0.49 0.70
    Total Asset Turnover (X) 1.09 1.22 1.15 1.16
    Gross Profit Margin (%) 10.53 17.48 14.53 21.73
    EBIT Margin (%) -2.12 5.90 2.50 7.79
    Net Profit Margin (%) -1.76 4.73 2.00 6.18

    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 -16.63 22.60 -3.92 -0.53
    COGs Growth -9.61 28.49 4.92 -7.42
    Total Revenue Growth -17.00 23.89 -2.86 -0.97
    Total Expense Growth -9.93 26.10 2.72 -4.52
    Net Profit Growth N/A -19.31 -68.55 75.23

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 3.83 4.39 3.35 3.57
    Avg. Collection Period (Days) 95.38 83.15 109.09 102.27
    Inventory Turnover (Times) 6.06 6.79 6.67 6.63
    Avg. Inventory Period (Days) 60.26 53.73 54.72 55.08
    A/P Turnover (Times) 3.17 3.42 3.18 2.94
    Avg. Payment Period (Days) 114.98 106.66 114.92 123.98
    Cash Cycle (Days) 40.66 30.23 48.90 33.37


    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.
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