Company Summary
UPOIC UNITED PALM OIL INDUSTRY PUBLIC COMPANY LIMITED
Agro & Food Industry/Agribusiness
SET
CG Report:   
 
  Data as of 27 Jan 2023  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
6.75 10.40 / 6.20 6.49 1.52 324.05 2,187.34 2,374.47 303.69 4.98
News
Date/Time Subject
06 Jan 2023 12:31   Appointment of CFO
11 Nov 2022 17:47   Right for shareholders to submit questions, agenda items and candidates for directorship for 2023 AGM in advance
10 Nov 2022 17:25   Financial Statement Quarter 3/2022 (Reviewed)
10 Nov 2022 17:25   Financial Performance Quarter 3 (F45) (Reviewed)
10 Nov 2022 17:25   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2022
more

Company Profile
Address 64, 1st Floor, Soi Bangna-Trad 25, BANG NA Bangkok 10260
Telephone 0-2744-1046-8
Fax 0-2744-1049
URL http://www.upoic.co.th
  Annual Report 2021
Establish Date 21/04/1978 Listed Date 30/04/1991
IPO Price (Baht) 33.00 @Par10.00 Baht
IPO Financial Advisory N/A
Par 1.00 Baht
Last Par Change Old 10.00 : New 1.00 @ 04/05/2009

Business
The Company engages in the manufacture of crude palm oil and palm kernel oil. The Company has oil palm plantation area that produces crude palm oil and palm kernel oil. These products are used as raw materials for cooking oils, margarines, food ingredients for snacks and ice cream, shampoos, chemical products as well as pet foods. Moreover, palm oil is a key ingredient in the production of biodiesel.

Free Float 11 Mar 2022 11 Mar 2021
% /Shareholders
24.34% 1,435 24.34% 1,361
Foreign Shareholders 0.08% (As of 27/01/2023) Foreign Limit 49.00%
NVDR Shareholders  0.44% (As of 27/01/2023)
5 Yr Price Performance (Adjusted Price)
Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
5 Days 3.05 -1.90 2.81
20 Days 2.27 -6.53 -0.05
60 Days 2.27 -7.74 -2.53
120 Days -3.57 -4.00 -9.59
YTD 2.27 -4.40 1.50
P/E (X) 6.49 8.49 18.29
P/BV (X) 1.52 1.02 1.66
Turnover Ratio (%) N/A 0.40 0.71

Top 10 Shareholders(@11 Mar 2022) Share %
1. บริษัท LAM SOON (THAILAND) CO.,LTD. 226,715,110 69.96
2. บริษัท วัฒนโชติ จำกัด 18,458,100 5.70
3. นาย สุวิทย์ เลาหะพลวัฒนา 15,623,400 4.82
4. นาย สมเกียรติ พีตกานนท์ 5,428,000 1.68
5. บริษัท วัฒนโสภณพนิช จำกัด 3,621,000 1.12
6. นาย ธรรมนูญ สหดิษฐดำรงค์ 3,549,400 1.10
7. น.ส. DUANGKAMOL TANISSARANON 2,400,000 0.74
8. บริษัท กรีนสปอต จำกัด 2,365,000 0.73
9. นาย ชวลิต เชาว์ 2,295,800 0.71
10. นาง แนนซี่ เฉลิมกาญจนา 2,050,000 0.63

Management Position
1. Mr. NARIS CHAIYASOOT CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
2. Miss ANCHALEE SUEBCHANTASIRI VICE CHAIRMAN OF THE BOARD OF DIRECTORS / MANAGING DIRECTOR
3. Mr. SHANG YING WHANG DIRECTOR
4. Miss PIYATHIDA SUKCHAN DIRECTOR
5. Mr. AMPOL SIMAROJANA DIRECTOR
6. Mr. SANGIAM SANTAD INDEPENDENT DIRECTOR / AUDIT COMMITTEE
7. Mr. WASIN PATCHAKAPATI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
Accumulated: Turnover Ratio, Value Trade/Day
Statistics YTD
27 Jan 2023		 2022
30 Dec 2022		 2021
30 Dec 2021
Listed share (M.) 324.05  324.05  324.05 
Market Cap (MB.) 2,187.34  2,138.73  2,106.32 
Price (B./share) 6.75  6.60  6.50 
BVPS (B./Share) 4.45  4.45  3.91 
P/BV (X) 1.52  1.48  1.66 
P/E (X) 6.49  6.35  7.71 
Turnover Ratio (%) 0.25  14.06  10.44 
Value Trade/Day (MB.) 0.28  1.52  0.85 
Beta 0.49  0.48  0.45 
 
Rate of Return YTD  2022  2021 
Price Change (%) 2.27  1.54  52.58 
Dividend Yield (%) 7.41  7.58  3.08 
Payout Ratio 0.48  0.48  0.24 
Dividend Policy Approximately 50% of net profit after tax, but dependent upon economic conditions and capital necessities

Dividend
Operation Period Dividend/Share Unit Payment Date Type
01 Jan 2021 - 31 Dec 2021 0.50 Baht 06 May 2022 Cash
01 Jan 2020 - 31 Dec 2020 0.20 Baht 21 May 2021 Cash
01 Jan 2019 - 31 Dec 2019 0.025 Baht 22 May 2020 Cash
 
Auditor
(Effective Until 31/12/2022)
MR. TERMPHONG OPANAPHAN/EY OFFICE LIMITED
MR. KHITSADA LERDWANA/EY OFFICE LIMITED
Miss MANEE RATTANABUNNAKIT/EY OFFICE LIMITED
MRS. KUNLAPEE PIYAWANNASUTH/EY OFFICE LIMITED
F/S Year ended 31/12
Latest Type of Report Unqualified opinion
Financial Data
Statement of Financial Position (MB.) 9M/2022 
(01/01/22 
-30/09/22) 		 9M/2021 
(01/01/21 
-30/09/21) 		 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 109.37 34.57 32.78 39.84 21.00
A/R Net 30.99 2.32 226.96 38.61 30.47
Inventories 304.89 563.84 241.77 123.01 82.81
Current Assets 570.03 665.89 627.89 223.52 238.11
PP&E Net 1,066.92 1,051.36 1,054.26 924.13 841.93
Non-Current Assets 1,168.39 1,143.44 1,138.43 1,261.14 1,102.07
Total Assets 1,738.42 1,809.33 1,766.32 1,484.66 1,340.18
OD 90.00 390.00 145.00 245.00 275.00
A/P Net 61.64 32.80 35.77 18.30 22.97
Current portion of LT 36.67 20.00 36.67 0.31 -
Current Liabilities 198.68 447.43 234.02 285.91 301.51
Non-Current Liabilities 97.83 94.88 155.12 63.58 19.11
Total Liabilities 296.50 542.32 389.15 349.49 320.62
Authorized Capital 324.05 324.05 324.05 324.05 324.05
Paid-Up Capital 324.05 324.05 324.05 324.05 324.05
Premium (Discount) on Share Capital 321.55 321.55 321.54 321.54 321.54
Retained Earnings (Deficit) 796.32 621.42 731.58 489.58 373.97
Treasury Stock - - - - -
Shares Of The Company Held By Subsidiaries - - - - -
Other Components Of Equity - - - - -
 - Surplus (Deficits) - - - - -
Shareholders' Equity 1,441.91 1,267.02 1,377.18 1,135.17 1,019.57
Minority Interest - - - - -
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Statement of Comprehensive Income (MB.) 9M/2022 
(01/01/22 
-30/09/22) 		 9M/2021 
(01/01/21 
-30/09/21) 		 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 1,823.86 1,233.29 2,074.44 923.84 545.85
Other Income 64.93 43.79 53.40 62.85 17.82
Total Revenues 1,889.08 1,277.35 2,128.22 986.69 563.67
Costs 1,572.88 968.40 1,696.35 756.48 443.36
Selling And Administrative Expenses 68.56 78.78 88.70 62.71 82.47
Total Cost And Expenses 1,641.44 1,047.18 1,800.64 819.19 553.39
EBITDA 303.69 227.33 400.10 204.70 52.30
Depre. & Amor. 31.38 32.58 43.04 40.95 48.83
EBIT 272.31 194.75 357.05 163.75 3.46
Net Profit : Owners Of The Parent 226.76 196.65 306.81 125.10 -3.55
EPS (B.) 0.70 0.61 0.95 0.39 -0.01
more
Statement of Cash Flow (MB.) 9M/2022 
(01/01/22 
-30/09/22) 		 9M/2021 
(01/01/21 
-30/09/21) 		 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 368.74 -121.16 89.34 128.90 49.97
Investing Cash Flow -42.63 -19.32 -31.60 -71.67 -30.95
Financing Cash Flow -249.52 135.20 -64.80 -38.39 -20.92
Net Cash Flow 76.58 -5.27 -7.06 18.84 -1.90
more
Annualized: ROE, ROA
Ratios 9M/2022  9M/2021  2021  2020 
Current Ratio (X) 2.87 1.49 2.68 0.78
ROE (%) 24.87 23.47 24.42 11.61
ROA (%) 24.50 17.44 21.97 11.59
D/E (X) 0.21 0.43 0.28 0.31
Total Asset Turnover (X) 1.54 0.92 1.31 0.70
Gross Profit Margin (%) 13.76 21.48 18.23 18.12
EBIT Margin (%) 14.42 15.25 16.78 16.60
Net Profit Margin (%) 12.00 15.40 14.42 12.68

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 (%) 9M/2022  9M/2021  2021  2020 
Sales Growth 47.89 73.60 124.55 69.25
COGs Growth 62.42 67.18 124.24 70.62
Total Revenue Growth 47.89 75.16 115.69 75.05
Total Expense Growth 56.75 58.86 119.81 48.03
Net Profit Growth 15.31 303.84 145.26 N/A

Annualized
Cash Cycle 9M/2022  9M/2021  2021  2020 
A/R Turnover (Times) 160.00 61.80 15.62 26.75
Avg. Collection Period (Days) 2.28 5.91 23.36 13.65
Inventory Turnover (Times) 5.30 3.07 9.30 7.35
Avg. Inventory Period (Days) 68.91 119.01 39.24 49.66
A/P Turnover (Times) 48.73 31.00 62.75 36.65
Avg. Payment Period (Days) 7.49 11.77 5.82 9.96
Cash Cycle (Days) 63.70 113.15 56.79 53.34


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Trading Alert Posted Date Lifted Date
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Market Alert (Latest)
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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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