Company Summary
APCS ASIA PRECISION PUBLIC COMPANY LIMITED
Industrials/Automotive Data as of 19 Sep 2014  
SET
CG Score:   
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EBITDA (MB.)
2.90 3.88 / 2.06 N/A 1.14 330.00 957.00 42.59
Company Profile
Address Amata Nakorn Industrial Estate, No. 700/331 Moo 6, Don Hua Lor Sub-district, Mueang District Chonburi 20000
Telephone 0-3846-8300
Fax 0-3845-8751
URL www.asiaprecision.com
  Annual Report 2013
Establish Date 7/12/1994 Listed Date 29 Sep 2011
IPO Price (Baht) 5.45 @Par1.00 Baht
IPO Financial Advisory
  • ADVISORY PLUS CO., LTD.
  • Last Par Change N/A

    Business
    The Company is a producer and distributor of high precision parts and components, made from metal such as steel, stainless steel, aluminum, etc. The pattern, characteristics and specifications of product will depend on customers' design. Most of the Company's existing customer are in automotive, air-conditioner and refrigeration compressors and digital cameras industry.

    Free Float 13 Mar 2014 15 Mar 2013
    % /Shareholders
    37.14% 1,824 36.51% 2,374
    Foreign Shareholders 1.60% Foreign Limit 49.00%
    (As of 19/09/2014)
    1 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -2.03 0.07 -2.25
    20 Days - -1.74 -1.76
    60 Days 20.83 15.37 11.97
    120 Days 33.03 10.62 14.19
    YTD 16.00 -3.77 -4.95
    P/E (X) - 14.72 18.38
    P/BV (X) 1.14 1.71 2.27
    Turnover Ratio (%) 0.13 0.08 1.25

    Top 10 Major Shareholders(@13 Mar 2014) Share %
    1. ҧ ҳ سʡ 49,633,100 15.04
    2. Ԫҵ سʡ 45,660,500 13.84
    3. .. ѭ سʡ 18,865,000 5.72
    4. .. ó سʡ 16,170,000 4.90
    5. .. Ե سʡ 16,170,000 4.90
    6. .. ອ سʡ 14,600,000 4.42
    7. ѷ سʡ 14,331,700 4.34
    8. Ԫ سʡ 13,475,000 4.08
    9. è Ƿҳ 8,635,000 2.62
    10. Ѫപ Ǩظ 5,960,000 1.81

    Management Position
    1. Mr. MANU LEOPAIROTE CHAIRMAN OF THE BOARD / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    2. Mr. UDOMSIL SRISANGNAM VICE CHAIRMAN OF THE BOARD / INDEPENDENT DIRECTOR
    3. Mr. APICHART KAROONKORNSAKUL PRESIDENT
    4. Mr. CHAIROJ VETNARUEMARN MANAGING DIRECTOR
    5. Mr. RATCHADECH VACHEESUTHUM DIRECTOR
    6. Miss CHITTIMA KAROONKORNSAKUL DIRECTOR
    7. Mr. YOSHIKAZU KURACHI DIRECTOR
    8. Mr. NARONG VARONGKRIENGKRAI DIRECTOR
    9. Mr. RAJEEV VIJAYAN DIRECTOR
    10. Mr. PHORNCHAI SAKULLELARASMI INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    11. Mr. SOMPOTE VALYASEVI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    19 Sep 2014
    2013
    27 Dec 2013
    2012
    28 Dec 2012
    Listed share (M.) 330.00  330.00  330.00 
    Par Value (B.) 1.00  1.00  1.00 
    Market Cap (MB.) 957.00  825.00  1,544.40 
    Price (B./share) 2.90  2.50  4.68 
    BVPS (B./Share) 2.54  2.69  2.80 
    P/BV (X) 1.14  0.93  1.67 
    P/E (X) N/A  52.31  21.36 
    Turnover Ratio (%) 55.02  139.54  293.27 
    Value Trade/Day (MB.) 3.02  9.33  23.70 
     
    Rate of Return YTD  2013  2012 
    Price Change (%) 16.00  -46.58  -4.67 
    Dividend Yield (%) 6.00  7.77 
    Dividend Policy Not less than 40% of net profit after corporate income tax in the Company's separate financial statement and after legal reserve (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2012 - 31 Dec 2012 0.15 Baht 23 May 2013 Cash
    01 Jan 2011 - 31 Dec 2011 10.00 : 1.00 Share 18 May 2012 Stock
    01 Jan 2011 - 31 Dec 2011 0.15 Baht 18 May 2012 Cash
    - 0.25 Baht 04 Nov 2011 Cash
     
    Auditor
    MR. SATHIEN VONGSNAN/ANS AUDIT CO., LTD.
    MR. ATIPONG ATIPONGSAKUL/ANS AUDIT CO., LTD.
    MR. VICHAI RUCHITANONT/ANS AUDIT CO., LTD.
    MS. KULTIDA PASURAKUL/ANS AUDIT CO., LTD.
    F/S Year ended 31/12
    Financial Data
    Statement of Financial Position (MB.) 6M/2014 
    (01/01/14 
    -30/06/14) 
    6M/2013 
    (01/01/13 
    -30/06/13) 
    2013 
    (01/01/13 
    -31/12/13) 
    2012 
    (01/01/12 
    -31/12/12) 
    Cash 51.24 84.43 57.52 39.22
    A/R Net 140.20 242.15 165.74 173.13
    Inventories 114.31 166.85 140.71 208.08
    Current Assets 333.62 504.47 371.27 442.21
    PP&E Net 958.05 1,100.11 1,046.42 1,141.05
    Total Assets 1,297.56 1,608.32 1,420.91 1,587.75
    OD 30.23 151.33 11.92 29.50
    A/P Net 92.78 123.19 103.46 120.53
    Current portion of LT 101.90 95.90 103.36 95.90
    Current Liabilities 225.44 403.58 252.11 280.65
    Non-Current Liabilities 233.37 309.46 287.35 354.87
    Total Liabilities 458.81 713.05 539.47 635.52
    Authorized Capital 330.00 330.00 330.00 330.00
    Paid-Up Capital 330.00 330.00 330.00 330.00
    Premium (Discount) on Share Capital 369.79 369.79 369.79 369.79
    Other Surplus (Deficit) - - - -
    Retained Earnings (Deficit) 138.96 190.69 179.95 245.82
    Treasury Stock - - - -
    Shareholders' Equity 838.75 887.52 875.19 943.71
    Minority Interest - 7.75 6.26 8.52
    more
    Statement of Comprehensive Income (MB.) 6M/2014 
    (01/01/14 
    -30/06/14) 
    6M/2013 
    (01/01/13 
    -30/06/13) 
    2013 
    (01/01/13 
    -31/12/13) 
    2012 
    (01/01/12 
    -31/12/12) 
    Sales 405.55 490.35 941.99 1,071.24
    Other Income 5.31 2.35 30.99 1.93
    Total Revenues 410.86 492.70 972.98 1,073.17
    COGs 394.81 426.58 844.70 815.49
    SG&A 47.87 53.84 105.97 120.37
    Total Expenses 442.69 486.32 960.37 957.69
    EBITDA 42.59 74.73 151.83 263.91
    Depre. & Amor. 74.42 68.35 139.22 148.43
    EBIT -31.83 6.38 12.61 115.48
    Net Profit -40.99 -5.53 -16.27 101.60
    EPS (B.) -0.12 -0.02 -0.05 0.31
    more

    Statement of Cash Flow (MB.) 6M/2014 
    (01/01/14 
    -30/06/14) 
    6M/2013 
    (01/01/13 
    -30/06/13) 
    2013 
    (01/01/13 
    -31/12/13) 
    2012 
    (01/01/12 
    -31/12/12) 
    Operating Cash Flow 68.36 49.43 175.08 151.34
    Investing Cash Flow -29.42 -44.83 -31.84 -464.83
    Financing Cash Flow -43.12 41.26 -121.56 276.51
    Net Cash Flow -4.18 45.87 21.69 -36.98
    more
    Annualized: ROE, ROA
    Ratios 6M/2014  6M/2013  2013  2012 
    Current Ratio (X) 1.48 1.25 1.47 1.58
    ROE (%) -5.99 4.82 -1.79 11.08
    ROA (%) -1.76 3.98 0.84 7.92
    D/E (X) 0.55 0.80 0.62 0.67
    Total Asset Turnover (X) 0.61 0.63 0.65 0.74
    Gross Profit Margin (%) 2.65 13.01 10.33 23.87
    EBIT Margin (%) -7.75 1.30 1.30 10.76
    Net Profit Margin (%) -9.98 -1.12 -1.67 9.47

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    18 May 2012 XD 29,999,981 329,999,981 1.00

    Growth Rate (%) 6M/2014  6M/2013  2013  2012 
    Sales Growth -17.29 -8.92 -12.07 22.70
    COGs Growth -7.45 3.99 3.58 22.44
    Total Revenue Growth -16.61 -8.72 -9.34 22.39
    Total Expense Growth -8.97 0.79 0.28 23.06
    Net Profit Growth N/A N/A N/A 14.58

    Annualized
    Cash Cycle 6M/2014  6M/2013  2013  2012 
    A/R Turnover (Times) 4.48 4.57 5.56 7.40
    Avg. Collection Period (Days) 81.40 79.82 65.65 49.33
    Inventory Turnover (Times) 5.78 4.80 4.84 4.44
    Avg. Inventory Period (Days) 63.12 76.00 75.36 82.16
    A/P Turnover (Times) 7.53 5.91 7.54 6.90
    Avg. Payment Period (Days) 48.48 61.72 48.39 52.91
    Cash Cycle (Days) 96.04 94.11 92.62 78.58


    Trading Sign (Last 1 Year)
    Trading Alert Posted Date Lifted Date
    No Information Found

    Market Alert (Last 1 Year)
    No Information Found

    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)