Company Summary
TTA THORESEN THAI AGENCIES PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100 / SETWB
CG Report:   
 
  Data as of 11 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
8.85 17.90 / 8.05 3.47 0.73 1,822.46 16,128.81 23,649.83 1,345.66 3.64
News
Date/Time Subject
22 Jun 2022 17:09   Notification of the Connected Transaction regarding the Provision of Financial Assistance
10 Jun 2022 08:03   Establishment of a New Subsidiary Company
11 May 2022 20:50   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
11 May 2022 20:46   Financial Statement Quarter 1/2022 (Reviewed)
11 May 2022 20:46   Financial Performance Quarter 1 (F45) (Reviewed)
more

Company Profile
Address ORAKARN BLDG, 26/26-27 SOI CHIDLOM, PLOENCHIT ROAD, LUMPINI, PATHUM WAN Bangkok 10330
Telephone 0-2250-0569-74
Fax 0-2657-1038, 0-2655-5631
URL http://www.thoresen.com
  Annual Report 2021
Establish Date 16/8/1983 Listed Date 25/09/1995
IPO Price (Baht) 88.00 @Par10.00 Baht
IPO Financial Advisory
  • GENERAL FINANCE & SECURITIES PUBLIC COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 31/10/2002

    Business
    Investment Holding with 5 core business groups: Shipping, Offshore Service, Agrochemical, Food & Beverage, and Investment

    Free Float 25 Mar 2022 26 Mar 2021
    % /Shareholders
    69.33% 35,422 71.25% 23,823
    Foreign Shareholders 17.25% (As of 11/08/2022) Foreign Limit 49.00%
    NVDR Shareholders  7.31% (As of 11/08/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -0.56 -1.58 -2.00
    20 Days 4.73 2.97 0.55
    60 Days -9.23 -13.83 -9.73
    120 Days -13.24 -17.82 -9.12
    YTD -7.33 -14.73 -5.31
    P/E (X) 3.47 124.25 18.39
    P/BV (X) 0.73 3.51 1.70
    Turnover Ratio (%) 0.36 0.22 0.93

    Top 10 Major Shareholders(@25 Mar 2022) Share %
    1. CREDIT SUISSE AG, SINGAPORE BRANCH 150,000,000 8.23
    2. MR. CHALERMCHAI MAHAGITSIRI 147,943,517 8.12
    3. นาย เฉลิมชัย มหากิจศิริ 123,975,642 6.80
    4. บริษัท Thai NVDR Company Limited 117,702,363 6.46
    5. น.ส. อุษณา มหากิจศิริ 99,866,937 5.48
    6. นาย พิพัฒน์ เตียธวัฒน์ 72,000,000 3.95
    7. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 47,239,478 2.59
    8. นาย ทศพล แววมณีวรรณ 46,900,000 2.57
    9. DBS BANK LTD 22,620,700 1.24
    10. MR. SANIT KONGNOK 19,685,300 1.08

    Management Position
    1. Mr. PRASERT BUNSUMPUN CHAIRMAN OF THE BOARD / CHAIRMAN OF THE EXECUTIVE COMMITTEE
    2. Mr. CHALERMCHAI MAHAGITSIRI PRESIDENT & CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. JEAN PAUL THEVENIN DIRECTOR
    4. Miss AUSANA MAHAGITSIRI DIRECTOR
    5. Mr. KAMOLSUT DABBARANSI DIRECTOR
    6. Mr. SOMCHAI CHAISUPARAKUL DIRECTOR
    7. Mr. SOMBOONKIAT KASEMSUWAN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mr. SANTI BANGOR INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. CHERDPONG SIRIWIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. CHITRAPONGSE KWANGSUKSTITH INDEPENDENT DIRECTOR
    11. Mr. MOHAMMED RASHED AHMED M.ALNASSERI INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    11 Aug 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 1,822.46  1,822.46  1,822.46 
    Market Cap (MB.) 16,128.81  17,404.54  10,296.92 
    Price (B./share) 8.85  9.55  5.65 
    BVPS (B./Share) 12.14  10.98  9.16 
    P/BV (X) 0.73  0.87  0.62 
    P/E (X) 3.47  7.12  N/A 
    Turnover Ratio (%) 192.96  496.98  132.70 
    Value Trade/Day (MB.) 237.67  492.14  37.03 
    Beta 1.93  0.95  1.21 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -7.33  69.03  27.25 
    Dividend Yield (%) 2.49  0.21  1.06 
    Payout Ratio 0.09  0.01  N/A 
    Dividend Policy At least 25% of the consolidated net profits after taxes but excluding unrealised foreign exchange gains or losses, subject to the Company?s investment plans and other relevant factors (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2021 - 31 Dec 2021 0.22 Baht 13 May 2022 Cash
    - 0.02 Baht 13 May 2021 Cash
    01 Jan 2019 - 31 Dec 2019 0.06 Baht 14 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MRS. SIRIPEN SUKCHAROENYINGYONG/KPMG PHOOMCHAI AUDIT LIMITED
    MR. VEERACHAI RATANAJARATKUL/KPMG PHOOMCHAI AUDIT LIMITED
    Mr. WATCHARA PATTARAPITAK/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 8,683.59 4,735.04 8,273.58 4,477.18 4,338.91
    A/R Net 3,950.55 1,956.30 4,339.78 2,163.33 2,480.90
    Inventories 1,797.41 1,105.58 1,431.08 965.79 1,191.16
    Current Assets 18,141.39 12,208.76 18,762.06 12,323.50 12,313.94
    PP&E Net 15,187.65 14,935.95 15,294.70 14,453.54 13,737.26
    Non-Current Assets 20,184.47 19,605.11 20,185.03 18,705.73 21,159.11
    Total Assets 38,325.87 31,813.87 38,947.08 31,029.23 33,473.05
    OD 348.59 224.89 348.16 277.56 418.51
    A/P Net 2,085.41 1,156.98 1,666.69 981.68 1,055.18
    Current portion of LT 1,835.19 2,561.14 2,626.79 3,059.04 1,145.64
    Current Liabilities 6,267.54 5,388.33 6,618.72 5,482.52 3,907.53
    Non-Current Liabilities 6,930.70 6,459.19 7,928.09 6,355.30 6,966.95
    Total Liabilities 13,198.25 11,847.52 14,546.81 11,837.81 10,874.49
    Authorized Capital 1,998.45 1,998.45 1,998.45 1,998.45 1,998.45
    Paid-Up Capital 1,822.46 1,822.46 1,822.46 1,822.46 1,822.46
    Premium (Discount) on Share Capital 16,060.02 16,060.02 16,060.02 16,060.02 16,060.02
    Retained Earnings (Deficit) 3,282.28 -1,334.18 2,302.59 -1,523.30 532.36
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 956.50 322.31 1,080.59 -205.99 -227.56
     - Surplus (Deficits) - - - 2,104.52 2,145.72
    Shareholders' Equity 22,121.26 16,870.61 21,265.66 16,153.18 18,187.28
    Minority Interest 3,006.36 3,095.74 3,134.61 3,038.23 4,411.28
    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 6,034.04 3,447.22 22,128.08 12,829.82 15,427.98
    Other Income 93.09 187.45 553.09 49.99 94.28
    Total Revenues 6,127.13 3,634.67 22,681.16 12,996.62 15,717.02
    Costs 4,584.91 2,907.94 16,168.53 11,137.25 13,292.10
    Selling And Administrative Expenses 627.01 492.21 2,364.51 2,653.12 2,601.67
    Total Cost And Expenses 5,211.92 3,400.14 18,533.04 13,790.38 15,893.77
    EBITDA 1,345.66 603.38 5,760.43 -1,441.86 2,286.67
    Depre. & Amor. 381.76 364.81 1,532.10 1,474.11 1,450.90
    EBIT 963.90 238.56 4,228.33 -2,915.97 835.77
    Net Profit : Owners Of The Parent 979.84 189.12 3,858.65 -1,944.60 562.59
    EPS (B.) 0.54 0.10 2.12 -1.07 0.31
    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 1,468.34 1,074.78 5,121.41 1,162.53 1,467.74
    Investing Cash Flow 759.77 -117.88 -1,622.65 -1,419.02 63.68
    Financing Cash Flow -1,925.48 -795.30 153.98 406.88 -1,472.54
    Net Cash Flow 302.62 161.60 3,652.75 150.39 58.88
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 2.89 2.27 2.83 2.25
    ROE (%) 23.85 -7.28 20.62 -11.33
    ROA (%) 14.13 -6.51 12.09 -9.04
    D/E (X) 0.53 0.59 0.60 0.62
    Total Asset Turnover (X) 0.72 0.39 0.65 0.40
    Gross Profit Margin (%) 24.02 15.64 26.93 13.19
    EBIT Margin (%) 15.73 6.56 18.64 -22.44
    Net Profit Margin (%) 14.11 3.68 16.25 -25.92

    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 75.04 4.59 72.47 -16.84
    COGs Growth 57.67 -6.37 45.18 -16.21
    Total Revenue Growth 68.57 5.57 74.52 -17.31
    Total Expense Growth 53.29 -14.68 34.39 -13.23
    Net Profit Growth 418.10 N/A N/A N/A

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 9.79 6.32 7.11 5.21
    Avg. Collection Period (Days) 37.27 57.73 51.31 70.01
    Inventory Turnover (Times) 12.29 8.94 13.49 10.33
    Avg. Inventory Period (Days) 29.69 40.84 27.05 35.34
    A/P Turnover (Times) 12.55 9.79 13.28 10.94
    Avg. Payment Period (Days) 29.09 37.30 27.49 33.38
    Cash Cycle (Days) 37.87 61.27 50.87 71.98


    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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