Company Summary
APCS ASIA PRECISION PUBLIC COMPANY LIMITED
Industrials/Automotive
SET
CG Report:   
 
  Data as of 23 Jun 2017  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
7.15 9.40 / 3.60 49.18 3.88 660.00 4,719.00 5,084.10 85.27 20.68
News
Date/Time Subject
07 Jun 2017 18:28   Capital Increase of subsidiary
16 May 2017 13:02   Auditors unable to reach a conclusion on financial statement for period ended March 31, 2017 of APCS and BRC (Edit)
16 May 2017 09:14   SP, NP posted in case of unable to reach a conclusion on auditor's report as at 31 March 2017
15 May 2017 19:34   Establishment of a new subsidiary
15 May 2017 19:33   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2017
more

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 http://www.asiaprecision.com
  Annual Report 2016
Establish Date 7/12/1994 Listed Date 29/09/2011
IPO Price (Baht) 5.45 @Par1.00 Baht
IPO Financial Advisory
  • ADVISORY PLUS CO., LTD.
  • Par 1.00 Baht
    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 24 Mar 2017 14 Mar 2016
    % /Shareholders
    53.14% 1,193 50.86% 1,172
    Foreign Shareholders 0.53% (As of 23/06/2017) Foreign Limit 49.00%
    NVDR Shareholders  2.06% (As of 23/06/2017)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -8.92 -9.54 -9.25
    20 Days -5.92 -14.13 -6.97
    60 Days -7.74 -16.31 -8.54
    120 Days 30.00 6.82 24.05
    YTD 28.83 6.68 25.62
    P/E (X) 49.18 16.25 16.41
    P/BV (X) 3.88 1.47 1.90
    Turnover Ratio (%) 0.14 0.39 0.41

    Top 10 Major Shareholders(@24 Mar 2017) Share %
    1. บริษัท แอ็ดวานซ์ เว็บ สตูดิโอ จำกัด 146,000,000 22.12
    2. นาย อภิชาติ การุณกรสกุล 91,668,398 13.89
    3. นาย สมชาย หงส์รัตนวิจิตร 40,000,000 6.06
    4. นาย จอมทรัพย์ โลจายะ 23,187,231 3.51
    5. นาย ชาญชัย กุลถาวรากร 22,000,000 3.33
    6. นาย อรรณพ ลิ้มประเสริฐ 17,390,000 2.63
    7. นาย ชัยโรจน์ เวทย์นฤมาณ 17,335,682 2.63
    8. นาย สุชาติ อุสาหะ 14,419,100 2.18
    9. น.ส. สาธินี จันทศาศวัต 14,249,559 2.16
    10. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 14,052,246 2.13

    Management Position
    1. Mr. MANU LEOPAIROTE CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mr. UDOMSIL SRISANGNAM VICE CHAIRMAN OF THE BOARD / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    3. Mr. APICHART KAROONKORNSAKUL PRESIDENT / DIRECTOR
    4. Mr. CHAIROJ VETNARUEMARN MANAGING DIRECTOR / DIRECTOR
    5. Mr. RATCHADECH VACHEESUTHUM DIRECTOR
    6. Mr. YOSHIKAZU KURACHI DIRECTOR
    7. Mr. RAJEEV VIJAYAN DIRECTOR
    8. Mr. NARONG VARONGKRIENGKRAI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. SOMPOTE VALYASEVI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    23 Jun 2017
    2016
    30 Dec 2016
    2015
    30 Dec 2015
    Listed share (M.) 660.00  660.00  660.00 
    Market Cap (MB.) 4,719.00  3,663.00  3,729.00 
    Price (B./share) 7.15  5.55  5.65 
    BVPS (B./Share) 1.84  1.72  2.47 
    P/BV (X) 3.88  3.22  4.58 
    P/E (X) 49.18  N/A  N/A 
    Turnover Ratio (%) 60.01  35.36  216.44 
    Value Trade/Day (MB.) 26.18  5.42  14.56 
    Beta 0.54  0.69  1.36 
     
    Rate of Return YTD  2016  2015 
    Price Change (%) 28.83  -1.77  356.20 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio N/A  N/A  N/A 
    Dividend Policy Not less than 40% of net profit after deduction of corporate income tax and legal reserve

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2017)
    MR. JADESADA HUNGSAPRUEK/KARIN AUDIT COMPANY LIMITED
    MR. JIROTE SIRIROROTE/KARIN AUDIT COMPANY LIMITED
    MISS KANNIKA WIPANURAT/KARIN AUDIT COMPANY LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unable to reach any conclusion with an emphasis of matters
    Financial Data
    Statement of Financial Position (MB.) 3M/2017 
    (01/01/17 
    -31/03/17) 
    3M/2016 
    (01/01/16 
    -31/03/16) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    2014 
    (01/01/14 
    -31/12/14) 
    Cash 196.63 182.99 141.73 246.98 92.95
    A/R Net 292.76 185.39 247.88 132.88 134.66
    Inventories 95.33 70.79 87.83 83.38 85.68
    Current Assets 591.79 439.16 484.57 463.24 313.29
    PP&E Net 1,025.06 1,135.94 1,053.83 779.13 897.73
    Total Assets 1,778.98 1,834.77 1,706.38 1,428.84 1,214.21
    OD 4.99 5.20 12.82 - -
    A/P Net 151.47 110.34 128.40 100.56 101.27
    Current portion of LT 88.05 129.02 87.86 110.90 106.16
    Current Liabilities 336.44 299.53 322.27 212.07 208.89
    Non-Current Liabilities 65.68 228.00 8.71 77.83 196.27
    Total Liabilities 402.12 527.53 330.98 289.90 405.17
    Authorized Capital 660.00 660.00 660.00 660.00 330.00
    Paid-Up Capital 660.00 660.00 660.00 660.00 330.00
    Premium (Discount) on Share Capital 369.18 369.18 369.18 369.18 369.79
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 188.07 113.02 165.59 109.76 109.25
    Treasury Stock - - - - -
    Shareholders' Equity 1,217.25 1,142.21 1,194.78 1,138.94 809.04
    Minority Interest 159.61 165.03 180.63 - -
    more
    Statement of Comprehensive Income (MB.) 3M/2017 
    (01/01/17 
    -31/03/17) 
    3M/2016 
    (01/01/16 
    -31/03/16) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    2014 
    (01/01/14 
    -31/12/14) 
    Sales 312.60 248.63 984.93 820.26 796.71
    Other Income 0.47 2.68 5.86 5.93 9.36
    Total Revenues 313.07 251.30 990.79 826.19 806.06
    COGs 230.03 202.70 786.83 727.66 766.66
    SG&A 32.75 32.78 123.33 92.69 92.70
    Total Expenses 262.79 237.06 920.06 820.35 859.84
    EBITDA 85.27 49.28 209.88 145.87 90.31
    Depre. & Amor. 34.99 35.04 139.15 140.02 144.09
    EBIT 50.29 14.25 70.73 5.84 -53.78
    Net Profit 43.62 3.26 55.60 -7.49 -70.70
    EPS (B.) 0.07 0.00 0.08 -0.02 -0.21
    more
    Statement of Cash Flow (MB.) 3M/2017 
    (01/01/17 
    -31/03/17) 
    3M/2016 
    (01/01/16 
    -31/03/16) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    2014 
    (01/01/14 
    -31/12/14) 
    Operating Cash Flow 63.96 18.77 119.82 136.03 166.86
    Investing Cash Flow -7.08 -9.28 -18.62 -203.78 -18.35
    Financing Cash Flow -1.98 -73.49 -206.45 221.78 -111.33
    Net Cash Flow 54.90 -63.99 -105.25 154.03 37.18
    more
    Annualized: ROE, ROA
    Ratios 3M/2017  3M/2016  2016  2015 
    Current Ratio (X) 1.76 1.47 1.50 2.18
    ROE (%) 8.13 -0.08 4.76 -0.77
    ROA (%) 5.91 1.25 4.51 0.44
    D/E (X) 0.33 0.46 0.28 0.25
    Total Asset Turnover (X) 0.58 0.57 0.63 0.63
    Gross Profit Margin (%) 26.41 18.47 20.11 11.29
    EBIT Margin (%) 16.06 5.67 7.14 0.71
    Net Profit Margin (%) 13.93 1.30 5.61 -0.91

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    24 Nov 2015 XR 329,999,881 659,999,862 1.00

    Growth Rate (%) 3M/2017  3M/2016  2016  2015 
    Sales Growth 25.73 14.52 20.08 2.96
    COGs Growth 13.48 5.90 8.13 -5.09
    Total Revenue Growth 24.58 15.57 19.92 2.50
    Total Expense Growth 10.85 9.59 12.15 -4.59
    Net Profit Growth 1,236.38 N/A N/A N/A

    Annualized
    Cash Cycle 3M/2017  3M/2016  2016  2015 
    A/R Turnover (Times) 4.39 5.07 5.17 6.13
    Avg. Collection Period (Days) 83.19 72.03 70.55 59.53
    Inventory Turnover (Times) 9.80 9.56 9.19 8.61
    Avg. Inventory Period (Days) 37.24 38.17 39.71 42.40
    A/P Turnover (Times) 6.22 6.74 6.87 7.21
    Avg. Payment Period (Days) 58.69 54.12 53.11 50.62
    Cash Cycle (Days) 61.74 56.08 57.16 51.30


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    NP 17 May 2017 -
    SP 16 May 2017 17 May 2017

    Market Alert (Latest)
    Cash Balance 30 Jan 2017 - 10 Mar 2017
    more

    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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