Company Summary
TWPC THAI WAH PUBLIC COMPANY LIMITED
Agro & Food Industry/Agribusiness
sSET / SETCLMV / SETTHSI
CG Report:   
 
  Data as of 01 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
6.40 7.45 / 5.05 15.57 1.06 880.42 5,634.69 8,540.30 348.22 8.53
News
Date/Time Subject
10 May 2022 17:49   Financial Performance Quarter 1 (F45) (Reviewed) (Revised)
10 May 2022 17:02   Financial Performance Quarter 1 (F45) (Reviewed)
10 May 2022 17:02   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2022
10 May 2022 17:01   Financial Statement Quarter 1/2022 (Reviewed)
06 May 2022 13:02   Posting of the Minutes of the 2022 Annual General Meeting on the Company's Website
more

Company Profile
Address No. 21/11, 21/13 Thai Wah Tower 1, 6th floor, South Sathorn Road, Tungmahamek, Sathorn Bangkok 10120
Telephone 0-2285-0040
Fax 0-2285-0268
URL http://www.thaiwah.com
  Annual Report 2021
Establish Date 1/10/2015 Listed Date 01/10/2015
IPO Price (Baht) N/A
IPO Financial Advisory
  • ASIA PLUS ADVISORY COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change N/A

    Business
    The core business of the Company is divided into two main categories: 1) manufacture of tapioca products 2) manufacture of vermicelli and noodle products for local and international distribution.

    Free Float 09 Mar 2022 12 Mar 2021
    % /Shareholders
    49.89% 3,668 50.06% 3,237
    Foreign Shareholders 39.97% (As of 01/07/2022) Foreign Limit 49.00%
    NVDR Shareholders  4.41% (As of 01/07/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -3.76 -1.88 -4.00
    20 Days -9.22 1.00 -4.18
    60 Days -5.88 1.52 1.82
    120 Days 15.32 31.42 21.54
    YTD 15.32 31.42 21.54
    P/E (X) 15.57 5.82 18.51
    P/BV (X) 1.06 1.06 1.65
    Turnover Ratio (%) 0.25 0.27 0.69

    Top 10 Major Shareholders(@03 May 2022) Share %
    1. CHANG FUNG COMPANY LIMITED 89,093,634 10.12
    2. บริษัท ลากูน่า รีสอร์ท แอนด์ โฮเท็ล จำกัด (มหาชน) 88,347,051 10.03
    3. CREDIT SUISSE AG, SINGAPORE BRANCH 56,709,153 6.44
    4. บริษัท Thai NVDR Company Limited 41,462,175 4.71
    5. BUALUANG BASIC DIVIDEND LTF 35,123,200 3.99
    6. CO.,LTD. 34,708,545 3.94
    7. LI-HO HOLDINGS (PRIVATE) LIMITED 29,339,371 3.33
    8. MR. HO KWONPING 25,839,008 2.93
    9. นาย กิตติวุฒิ วัฒนคำแสง 19,356,258 2.20
    10. MR. HO KWONCJAN 17,367,498 1.97

    Management Position
    1. Mr. KWONPING HO CHAIRMAN OF THE BOARD
    2. Mr. REN HUA HO CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. UMNAD SUKPRASONGPHOL MANAGING DIRECTOR / DIRECTOR
    4. Mr. PRATEEP LERTVATANAKIJKUL MANAGING DIRECTOR / DIRECTOR
    5. Mr. KWONCJAN HO DIRECTOR
    6. Mr. ARIEL P VERA DIRECTOR
    7. Mr. SHANKAR CHANDRAN DIRECTOR
    8. Mrs. REN YUNG HO DIRECTOR
    9. Mr. VUDHIPHOL SURIYABHIVADH INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Mr. JINGJAI HANCHANLASH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. CHANIN ARCHJANANUN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. Mr. SUBHAK SIWARAKSA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    13. Miss PARNSIREE AMATAYAKUL INDEPENDENT DIRECTOR
    14. Mrs. SUPATTRA PAOPIAMSAP INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    01 Jul 2022    		 2021
    30 Dec 2021    		 2020
    30 Dec 2020
    Listed share (M.) 880.42  880.42  880.42 
    Market Cap (MB.) 5,634.69  4,886.34  3,398.42 
    Price (B./share) 6.40  5.55  3.86 
    BVPS (B./Share) 6.03  5.81  5.59 
    P/BV (X) 1.06  0.96  0.69 
    P/E (X) 15.57  19.46  53.62 
    Turnover Ratio (%) 44.95  45.27  41.01 
    Value Trade/Day (MB.) 22.01  8.81  5.41 
    Beta 0.87  0.73  0.44 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 15.32  43.78  -7.66 
    Dividend Yield (%) 3.37  2.41  3.47 
    Payout Ratio 0.53  0.47  1.86 
    Dividend Policy To maximize shareholder value and encourage shareholder loyalty with predictable annual growth in dividend payout which is not impacted by profit volatility (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    - 0.2159 Baht 20 May 2022 Cash
    - 0.134 Baht 21 May 2021 Cash
    - 0.134 Baht 25 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2022)
    MISS RUNGNAPA LERTSUWANKUL/EY OFFICE LIMITED
    MISS PIMJAI MANITKAJOHNKIT/EY OFFICE LIMITED
    MISS ROSAPORN DECHARKOM/EY OFFICE LIMITED
    MISS SUMANA PUNPONGSANON/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 Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 810.35 608.74 889.51 853.23 857.16
    A/R Net 922.62 860.13 838.20 707.87 723.74
    Inventories 2,064.27 1,704.61 1,615.53 1,168.82 1,147.35
    Current Assets 4,454.26 3,969.45 4,058.12 3,490.66 3,242.83
    PP&E Net 3,470.92 3,499.29 3,458.48 3,529.71 3,640.09
    Non-Current Assets 4,574.73 4,625.56 4,545.98 4,629.39 4,625.74
    Total Assets 9,028.99 8,595.01 8,604.10 8,120.05 7,868.57
    OD 703.22 500.34 287.54 230.00 275.94
    A/P Net 549.24 541.38 742.00 579.73 539.09
    Current portion of LT 1,059.91 60.00 1,059.54 60.00 60.00
    Current Liabilities 2,501.31 1,297.36 2,233.06 993.49 986.85
    Non-Current Liabilities 834.56 1,903.45 837.21 1,920.91 1,586.32
    Total Liabilities 3,335.87 3,200.82 3,070.27 2,914.40 2,573.18
    Authorized Capital 880.42 880.42 880.42 880.42 880.42
    Paid-Up Capital 880.42 880.42 880.42 880.42 880.42
    Premium (Discount) on Share Capital 300.74 300.74 300.74 300.74 300.74
    Retained Earnings (Deficit) 3,507.66 3,263.72 3,341.03 3,135.98 3,215.69
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 624.21 610.95 640.72 577.22 623.98
     - Surplus (Deficits) 831.75 831.75 831.75 831.75 831.75
    Shareholders' Equity 5,313.03 5,055.83 5,162.92 4,894.37 5,020.83
    Minority Interest 380.09 338.37 370.91 311.28 274.56
    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 2,464.76 2,137.56 9,105.44 7,090.19 7,323.00
    Other Income 23.13 45.89 86.40 70.58 68.07
    Total Revenues 2,488.08 2,186.38 9,194.51 7,181.77 7,423.83
    Costs 1,891.54 1,653.19 7,308.61 5,976.54 6,133.45
    Selling And Administrative Expenses 363.22 318.92 1,389.96 1,113.37 1,112.50
    Total Cost And Expenses 2,254.76 1,972.11 8,701.19 7,089.91 7,245.95
    EBITDA 348.22 316.70 969.44 570.98 526.64
    Depre. & Amor. 119.90 116.73 473.57 457.77 353.30
    EBIT 228.32 199.97 495.87 113.21 173.34
    Net Profit : Owners Of The Parent 166.62 127.74 323.03 38.27 68.04
    EPS (B.) 0.19 0.15 0.37 0.04 0.08
    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 -367.43 -317.01 441.56 571.21 466.01
    Investing Cash Flow -85.57 -178.87 -212.67 -433.91 -1,156.62
    Financing Cash Flow 385.82 239.15 -222.26 -136.58 928.35
    Net Cash Flow -67.19 -256.73 6.63 0.73 237.74
    more
    Annualized: ROE, ROA
    Ratios 3M/2022  3M/2021  2021  2020 
    Current Ratio (X) 1.78 3.06 1.82 3.51
    ROE (%) 6.98 1.66 6.42 0.77
    ROA (%) 5.95 2.25 5.93 1.42
    D/E (X) 0.59 0.59 0.55 0.56
    Total Asset Turnover (X) 1.08 0.91 1.10 0.90
    Gross Profit Margin (%) 23.26 22.66 19.73 15.71
    EBIT Margin (%) 9.18 9.15 5.39 1.58
    Net Profit Margin (%) 7.17 6.80 3.94 0.49

    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 15.31 37.88 28.42 -3.18
    COGs Growth 14.42 36.05 22.29 -2.56
    Total Revenue Growth 13.80 36.60 28.03 -3.26
    Total Expense Growth 14.33 32.85 22.73 -2.15
    Net Profit Growth 30.44 56.10 744.17 -43.76

    Annualized
    Cash Cycle 3M/2022  3M/2021  2021  2020 
    A/R Turnover (Times) 10.58 9.82 11.78 9.91
    Avg. Collection Period (Days) 34.49 37.18 30.99 36.85
    Inventory Turnover (Times) 4.00 3.68 5.25 5.16
    Avg. Inventory Period (Days) 91.14 99.14 69.53 70.73
    A/P Turnover (Times) 13.84 13.44 11.06 10.68
    Avg. Payment Period (Days) 26.37 27.15 33.00 34.16
    Cash Cycle (Days) 99.26 109.17 67.51 73.41


    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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