Company Summary
TRUE TRUE CORPORATION PUBLIC COMPANY LIMITED
Technology/Information & Communication Technology
SET50 / SETTHSI
CG Report:   
 
  Data as of 05 Aug 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
5.00 5.70 / 3.04 N/A 2.09 133,472.78 166,840.98 687,009.69 16,281.17 10.29
News
Date/Time Subject
22 Jul 2022 18:09   Clarification of false news on the amalgamation
15 Jul 2022 17:02   Notification of additional investment in Mediaload PTE. Ltd.
01 Jul 2022 21:00   Notification of the Change of Presidents (Co)
01 Jun 2022 08:20   Disposition of investment units in the Digital Telecommunications Infrastructure Fund
17 May 2022 18:05   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
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Company Profile
Address TRUE TOWER, 18 RATCHADAPHISEK ROAD, HUAI KHWANG Bangkok 10310
Telephone 0-2859-1111
Fax 0-2859-9134
URL http://www.truecorp.co.th
  Annual Report 2021
Establish Date 13/11/1990 Listed Date 22/12/1993
IPO Price (Baht) 55.00 @Par10.00 Baht
IPO Financial Advisory
  • MEC FAR EAST INTERNATIONAL PUBLIC COMPANY LIMITED
  • PHATRA THANAKIT PUBLIC COMPANY LIMITED
  • THANACHART CAPITAL PUBLIC COMPANY LIMITED
    		•
    Par 4.00 Baht
    Last Par Change Old 10.00 : New 4.00 @ 01/10/2015

    Business
    True Group?s core business segments are (1) TrueMove H ? Cellular and wireless telecommunication businesses (2) TrueOnline ? Broadband internet (3) TrueVisions ? Pay TV and Digital TV businesses (4) True Digital Group ? Digital offerings and services including Digital Media and Platform, O2O and Privilege, Data Analytics, Internet of Things (IoT) and Digital Solutions, Digital Health, Cyber Security and True Digital Academy

    Free Float 14 Mar 2022 15 Mar 2021
    % /Shareholders
    31.77% 74,211 31.78% 84,929
    Foreign Shareholders 48.88% (As of 05/08/2022) Foreign Limit 49.00%
    NVDR Shareholders  7.24% (As of 05/08/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 5.49 2.98 3.86
    20 Days 9.17 7.06 5.09
    60 Days 7.76 29.61 10.60
    120 Days 2.46 12.82 7.14
    YTD 4.60 14.57 8.30
    P/E (X) N/A 32.61 18.59
    P/BV (X) 2.09 2.92 1.68
    Turnover Ratio (%) 1.10 0.51 0.71

    Top 10 Major Shareholders(@14 Mar 2022) Share %
    1. CHINA MOBILE INTERNATIONAL HOLDINGS LIMITED 4,495,868,474 13.47
    2. บริษัท เครือเจริญโภคภัณฑ์ จำกัด 4,432,628,554 13.28
    3. UBS AG HONG KONG BRANCH 2,999,177,480 8.99
    4. บริษัท Thai NVDR Company Limited 2,409,399,190 7.22
    5. UOB KAY HIAN (HONG KONG) LIMITED - Client Account 2,306,132,580 6.91
    6. CHINA MOBILE INTERNATIONAL HOLDINGS LIMITED 1,510,489,392 4.53
    7. CREDIT SUISSE AG, SINGAPORE BRANCH 1,462,875,770 4.38
    8. บริษัท ยูนีค เน็ตเวิร์ค จำกัด 1,438,214,890 4.31
    9. UBS AG LONDON BRANCH 1,121,503,390 3.36
    10. บริษัท ไวด์ บรอด คาสท์ จำกัด 949,098,378 2.84

    Management Position
    1. Mr. SUPHACHAI CHEARAVANONT CHAIRMAN OF THE BOARD / CHAIRMAN OF THE EXECUTIVE COMMITTEE
    2. Mr. AJVA TAULANANDA VICE CHAIRMAN
    3. Mr. MANAT MANAVUTIVETH PRESIDENT (CO)
    4. Dr. TEERADET DUMRONGBHALASITR PRESIDENT (CO)
    5. Mr. WARAPATR TODHANAKASEM DIRECTOR
    6. Mr. UMROONG SANPHASITVONG DIRECTOR
    7. Mr. CHATCHAVAL JIARAVANON DIRECTOR
    8. Mr. NARONG CHEARAVANONT DIRECTOR
    9. Mr. ADHIRUTH THOTHAVEESANSUK DIRECTOR
    10. Mr. FENG LI DIRECTOR
    11. Mr. TONGQING GAO DIRECTOR
    12. Mr. XIAOPING YANG DIRECTOR
    13. Mr. JOTI BHOKAVANIJ INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    14. Mr. HARALD LINK INDEPENDENT DIRECTOR
    15. Mr. GENLUO XU INDEPENDENT DIRECTOR
    16. Mrs. PREEPRAME SERIWONGSE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    17. Mr. KITTIPONG KITTAYARAK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    05 Aug 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 33,368.20  33,368.20  33,368.20 
    Market Cap (MB.) 166,840.98  159,499.97  114,786.59 
    Price (B./share) 5.00  4.78  3.44 
    BVPS (B./Share) 2.39  2.44  2.56 
    P/BV (X) 2.09  1.96  1.34 
    P/E (X) N/A  N/A  81.03 
    Turnover Ratio (%) 80.11  141.67  83.16 
    Value Trade/Day (MB.) 911.23  769.31  393.17 
    Beta 1.32  1.03  0.93 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 4.60  38.95  -25.22 
    Dividend Yield (%) 1.40  1.46  2.62 
    Payout Ratio N/A  N/A  2.12 
    Dividend Policy At least 50% of net profit of the Company statement in each year (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.07 Baht 03 May 2022 Cash
    01 Jan 2020 - 31 Dec 2020 0.07 Baht 28 May 2021 Cash
    01 Jan 2019 - 31 Dec 2019 0.09 Baht 27 Apr 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MR. PISIT THANGTANAGUL/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. PAIBOON TUNKOON/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MISS SAKUNA YAMSAKUL/PRICEWATERHOUSE COOPERS ABAS LIMITED
    		F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    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 25,900.79 19,825.54 21,963.48 24,330.35 49,405.10
    A/R Net 52,554.19 45,112.81 51,797.15 44,918.61 37,395.53
    Inventories 1,523.30 4,228.39 1,373.73 4,508.24 7,273.56
    Current Assets 104,938.10 100,989.06 100,130.42 104,405.56 134,449.40
    PP&E Net 244,461.90 235,450.64 245,337.13 231,894.09 228,962.45
    Non-Current Assets 520,867.89 517,808.47 524,784.16 513,142.34 389,543.35
    Total Assets 625,805.99 618,797.53 624,914.58 617,547.90 523,992.74
    OD - - - - 16,662.57
    A/P Net 88,298.80 92,726.93 92,665.60 90,276.65 65,935.24
    Current portion of LT 59,548.42 62,935.48 59,312.55 61,007.70 16,102.38
    Current Liabilities 169,074.90 181,464.15 173,947.71 175,785.97 151,150.23
    Non-Current Liabilities 376,568.29 352,283.78 369,148.83 356,144.80 246,823.37
    Total Liabilities 545,643.19 533,747.93 543,096.53 531,930.77 397,973.60
    Authorized Capital 133,474.62 133,474.62 133,474.62 133,474.62 133,474.62
    Paid-Up Capital 133,472.78 133,472.78 133,472.78 133,472.78 133,472.78
    Premium (Discount) on Share Capital 26,384.07 26,384.07 26,384.07 26,384.07 26,384.07
    Retained Earnings (Deficit) -77,931.80 -73,236.26 -76,314.72 -72,654.84 -32,590.71
    Treasury Stock 72.54 72.54 72.54 72.54 -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -2,116.02 -2,029.11 -2,107.67 -2,040.37 -1,898.20
     - Surplus (Deficits) - - - - -1,895.34
    Shareholders' Equity 79,736.49 84,518.95 81,361.92 85,089.10 125,367.94
    Minority Interest 426.31 530.66 456.13 528.03 651.20
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    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 35,138.05 35,425.40 143,655.27 138,212.34 140,943.49
    Other Income 1,075.46 321.35 3,552.80 5,126.20 8,686.41
    Total Revenues 36,213.51 35,746.75 147,208.07 143,338.54 149,631.69
    Costs 26,888.84 25,450.60 105,473.57 100,637.98 107,410.73
    Selling And Administrative Expenses 6,292.60 6,686.48 25,768.44 26,928.16 26,216.52
    Total Cost And Expenses 33,659.32 32,484.52 132,908.65 128,071.45 140,250.22
    EBITDA 16,281.17 15,670.95 66,175.01 65,173.78 46,628.71
    Depre. & Amor. 12,909.06 11,534.56 48,198.47 45,753.90 29,344.41
    EBIT 3,372.12 4,136.39 17,976.54 19,419.88 17,284.30
    Net Profit : Owners Of The Parent -1,617.08 -581.41 -1,428.41 1,048.40 5,636.74
    EPS (B.) -0.05 -0.02 -0.04 0.03 0.17
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    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 7,802.74 9,613.18 35,455.92 44,118.94 14,423.78
    Investing Cash Flow -18,918.79 -21,413.30 -56,813.25 -64,572.16 -35,868.45
    Financing Cash Flow 15,052.84 7,294.33 18,976.50 -4,638.74 50,204.83
    Net Cash Flow 3,936.79 -4,505.80 -2,380.84 -25,091.96 28,760.16
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 0.62 0.56 0.58 0.59
    ROE (%) -3.00 0.75 -1.72 1.00
    ROA (%) 2.77 3.23 2.89 3.40
    D/E (X) 6.81 6.28 6.64 6.21
    Total Asset Turnover (X) 0.24 0.23 0.24 0.25
    Gross Profit Margin (%) 23.48 28.16 26.58 27.19
    EBIT Margin (%) 9.31 11.57 12.21 13.55
    Net Profit Margin (%) -4.55 -1.64 -1.03 0.65

    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 -0.81 1.67 3.94 -1.94
    COGs Growth 5.65 -0.57 4.80 -6.31
    Total Revenue Growth 1.31 0.20 2.70 -4.21
    Total Expense Growth 3.62 -1.39 3.78 -8.68
    Net Profit Growth N/A N/A N/A -81.40

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 2.94 3.35 2.97 3.36
    Avg. Collection Period (Days) 124.33 109.11 122.87 108.69
    Inventory Turnover (Times) 37.18 18.74 35.86 17.08
    Avg. Inventory Period (Days) 9.82 19.48 10.18 21.37
    A/P Turnover (Times) 1.18 1.27 1.15 1.29
    Avg. Payment Period (Days) 309.01 286.87 316.54 283.28
    Cash Cycle (Days) -174.87 -158.29 -183.50 -153.22


    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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