Company Summary
AI ASIAN INSULATORS PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET
CG Report:   -
 
  Data as of 18 Jun 2019  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
1.60 1.61 / 1.29 15.70 1.79 700.00 4,479.99 5,295.42 65.97 13.33
News
Date/Time Subject
12 Jun 2019 08:55   Summary of information to request revocation (Revised of Registered Capital)
07 Jun 2019 07:52   SET requests investors to carefully scrutinize the information of AI and AIE
29 May 2019 08:53   The SET removes cause of possible delisting of securities of AI and AIE and resumes their trading on "SET" and "mai" respectively from 10 June 2019 onwards.
29 May 2019 08:35   Requesting the withdrawal of listed securities and returning to the Stock Exchange of Thailand (revise pdf)
29 May 2019 08:03   Summary of information to request revocation
more

Company Profile
Address 254, SERI THAI ROAD, KHAN NA YAO Bangkok 10230
Telephone 0-2517-1451, 0-2517-1026, 0-2517-9447-8
Fax 0-2517-1465
URL http://www.asianinsulators.com
  Annual Report 2018
Establish Date 12/05/1981 Listed Date 09/09/2004
IPO Price (Baht) 48.00 @Par5.00 Baht
IPO Financial Advisory
  • FINANSA SECURITIES LIMITED
    		•
    Par 0.25 Baht
    Last Par Change Old 1.00 : New 0.25 @ 06/05/2015

    Business
    The manufacturer and distributor of porcelain insulators products for electricity distribution

    Free Float 13 Mar 2019 14 Mar 2018
    % /Shareholders
    48.98% 7,906 48.92% 7,896
    Foreign Shareholders 0.99% (As of 18/06/2019) Foreign Limit 15.00%
    NVDR Shareholders  1.93% (As of 18/06/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 13.48 12.72 12.59
    20 Days 5.26 0.67 0.54
    60 Days 5.26 1.07 1.13
    120 Days 5.26 -2.19 -1.01
    YTD 5.26 -3.79 -2.22
    P/E (X) 15.70 16.30 18.14
    P/BV (X) 1.79 1.67 1.84
    Turnover Ratio (%) 8.76 0.53 0.97

    Top 10 Major Shareholders(@07 May 2019) Share %
    1. นาย ณรงค์ ธารีรัตนาวิบูลย์ 596,228,892 21.29
    2. นาย นพพล ธารีรัตนาวิบูลย์ 496,654,372 17.74
    3. นาย ธนิตย์ ธารีรัตนาวิบูลย์ 192,816,064 6.89
    4. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 111,662,920 3.99
    5. นาย ชลสินธุ์ วรกิจจานุวัฒน์ 60,000,000 2.14
    6. นาย โกวิท ธารีรัตนาวิบูลย์ 58,800,000 2.10
    7. นาย ศิริกูล ธารีรัตนาวิบูลย์ 50,973,080 1.82
    8. นาย อนุรักษ์ ธารีรัตนาวิบูลย์ 50,400,000 1.80
    9. นาง ผกาพรรณ เศวตโกมลนันท์ 48,305,600 1.73
    10. นาง อุษณา ธารีรัตนาวิบูลย์ 43,609,524 1.56

    Management Position
    1. Mr. NARONG THARERATANAVIBOOL CHAIRMAN
    2. Mr. THANIT THARERATANAVIBOOL MANAGING DIRECTOR / DIRECTOR
    3. Mr. KOVIT THARERATANAVIBOOL DIRECTOR
    4. POL. GEN. WICHEAN POTEPHOSREE INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    5. Mr. BOONLERT KHAWCHAROENPORN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    6. Mr. VEERAPHAT PHETCHARAKUPT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    18 Jun 2019    		 2018
    28 Dec 2018    		 2017
    29 Dec 2017
    Listed share (M.) 2,800.00  2,800.00  2,800.00 
    Market Cap (MB.) 4,479.99  -  - 
    Price (B./share) 1.60  1.52  1.52 
    BVPS (B./Share) 0.90  0.86  0.78 
    P/BV (X) 1.79  -  - 
    P/E (X) 15.70  -  - 
    Turnover Ratio (%) 47.54  N/A  N/A 
    Value Trade/Day (MB.) 17.02  -  - 
    Beta -  -  - 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) 5.26  0.00  0.00 
    Dividend Yield (%) 7.50  -  - 
    Payout Ratio 1.18  -  - 
    Dividend Policy Not less than 40% of the net profit after tax and legal reserved

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    - 0.12 Baht 22 May 2019 Cash
    - 0.05 Baht 15 May 2018 Cash
    01 Jan 2017 - 30 Jun 2017 0.05 Baht 08 Sep 2017 Cash
    - 0.09 Baht - Cash
     
    Auditor
    (Effective Until 31/12/2019)
    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.
    MR. YUTTAPONG CHUAMUANGPAN/ANS AUDIT CO., LTD.
    		F/S Year ended 31/12
    Latest Type of Report Qualified opinion
    Financial Data
    Statement of Financial Position (MB.) 3M/2019 
    (01/01/19 
    -31/03/19)     		 3M/2018 
    (01/01/18 
    -31/03/18)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16) 
    Cash 102.85 118.84 125.72 127.69 291.16
    A/R Net 244.04 272.30 234.15 258.41 457.00
    Inventories 445.46 361.29 446.87 357.70 449.63
    Current Assets 1,358.69 1,318.90 1,379.17 1,266.52 1,779.74
    PP&E Net 2,007.86 1,887.37 1,959.63 1,834.08 1,686.59
    Total Assets 3,426.74 3,272.38 3,397.46 3,183.66 3,525.14
    OD 0.31 - - - 128.00
    A/P Net 199.66 183.13 200.27 169.89 143.65
    Current portion of LT - - - - -
    Current Liabilities 203.85 197.39 202.07 187.96 363.18
    Non-Current Liabilities 27.96 26.78 27.13 30.50 29.32
    Total Liabilities 231.80 224.17 229.20 218.46 392.50
    Authorized Capital 700.00 700.00 700.00 700.00 700.00
    Paid-Up Capital 700.00 700.00 700.00 700.00 700.00
    Premium (Discount) on Share Capital 902.77 902.77 902.77 902.77 902.77
    Other Surplus (Deficit) 370.47 357.32 370.47 357.32 357.32
    Retained Earnings (Deficit) -330.71 -476.00 -374.05 -556.77 -420.45
    Treasury Stock - - - - -
    Shareholders' Equity 2,508.47 2,349.98 2,465.12 2,266.70 2,403.02
    Minority Interest 686.47 698.23 703.14 698.50 729.63
    more
    Statement of Comprehensive Income (MB.) 3M/2019 
    (01/01/19 
    -31/03/19)     		 3M/2018 
    (01/01/18 
    -31/03/18)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16) 
    Sales 625.78 683.28 2,586.04 3,274.56 4,654.54
    Other Income 3.31 6.91 22.24 183.68 17.61
    Total Revenues 629.09 692.07 2,608.27 3,458.23 4,673.91
    COGs 556.84 565.54 2,109.63 2,998.46 4,145.21
    SG&A 40.72 40.71 171.16 192.41 195.92
    Total Expenses 597.57 606.24 2,300.83 3,194.58 4,341.13
    EBITDA 65.97 119.47 450.74 402.97 482.79
    Depre. & Amor. 34.44 33.64 143.30 139.32 150.01
    EBIT 31.52 85.83 307.45 263.66 332.78
    Net Profit 43.34 80.76 322.71 255.68 293.85
    EPS (B.) 0.01 0.03 0.12 0.09 0.10
    more
    Statement of Cash Flow (MB.) 3M/2019 
    (01/01/19 
    -31/03/19)     		 3M/2018 
    (01/01/18 
    -31/03/18)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow 14.96 127.57 453.33 492.26 591.60
    Investing Cash Flow -38.14 -136.42 -493.39 -134.28 0.92
    Financing Cash Flow 0.31 - 38.09 -521.46 -456.07
    Net Cash Flow -22.87 -8.85 -1.97 -163.47 136.45
    more
    Annualized: ROE, ROA
    Ratios 3M/2019  3M/2018  2018  2017 
    Current Ratio (X) 6.67 6.68 6.83 6.74
    ROE (%) 11.74 13.33 13.64 10.95
    ROA (%) 7.56 10.64 9.34 7.86
    D/E (X) 0.09 0.10 0.09 0.10
    Total Asset Turnover (X) 0.76 0.98 0.79 1.03
    Gross Profit Margin (%) 11.02 17.23 18.42 8.43
    EBIT Margin (%) 5.01 12.40 11.79 7.62
    Net Profit Margin (%) 6.89 11.67 12.37 7.39

    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/2019  3M/2018  2018  2017 
    Sales Growth -8.42 -9.65 -21.03 -29.65
    COGs Growth -1.54 -23.07 -29.64 -27.66
    Total Revenue Growth -9.10 -9.28 -24.58 -26.01
    Total Expense Growth -1.43 -22.31 -27.98 -26.41
    Net Profit Growth -46.33 336.57 26.22 -12.99

    Annualized
    Cash Cycle 3M/2019  3M/2018  2018  2017 
    A/R Turnover (Times) 9.79 11.91 10.50 9.15
    Avg. Collection Period (Days) 37.27 30.64 34.76 39.87
    Inventory Turnover (Times) 5.21 7.43 5.24 7.43
    Avg. Inventory Period (Days) 70.08 49.10 69.60 49.14
    A/P Turnover (Times) 10.98 15.85 11.40 19.13
    Avg. Payment Period (Days) 33.25 23.02 32.02 19.08
    Cash Cycle (Days) 74.10 56.72 72.34 69.93


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    NP 02 Mar 2017 20 Aug 2018
    SP 29 Apr 2016 10 Jun 2019

    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
    The Information is provided for informative and educational purposes only.