Company Summary
ARROW ARROW SYNDICATE PUBLIC COMPANY LIMITED
Property & Construction/
mai
CG Report:   
 
  Data as of 15 Oct 2021  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
8.40 9.95 / 6.75 12.44 1.73 256.90 2,157.93 2,426.35 150.02 9.21
News
Date/Time Subject
15 Oct 2021 12:42   Notification of ARROW's Holidays for the Year 2022
05 Oct 2021 07:16   New shares of ARROW to be traded on October 6, 2021
30 Sep 2021 08:46   Report on the results of the Exercise of ESOP-W3 (F53-5)
14 Sep 2021 06:37   Notification of Schedule to exercise ESOP-W3 (The Third exercise)
19 Aug 2021 12:30   Invitation to Shareholders to propose the 2022 Annual General Shareholders' Meeting agenda and nominated director in advance
more

Company Profile
Address 31 Moo 1 Phanthong Chonburi 20160
Telephone 0-3874-0371-4
Fax 0-3874-0150
URL www.arrowpipe.com
Establish Date 2/5/1988 Listed Date 25/12/2012
IPO Price (Baht) 5.50 @Par1.00 Baht
IPO Financial Advisory
  • PHILLIP SECURITIES (THAILAND) PUBLIC CO., LTD.
  • Par 1.00 Baht
    Last Par Change N/A

    Market/Industry/Sector Change
    Effective Date 05/01/2015
    Previous Market/Industry/Sector mai  / MAI Industry / Medium-Sized Enterprise
    Current Market/Industry/Sector mai  / Property & Construction / Property & Construction

    Business
    The Company engages in a manufacturer and distribution of electrical conduit and fittings under the brand of "Arrowpipe" "Arrowtite" and "Union" which is made of hot-dipped galvanize sheet and Water pipe and fittings under the brand of "Arrow PP-R", a high quality water pipe, is made from polypropylene Random Copolymer. The Company's subsidiary(JSVT) engages in a manufacturer and distribution of Ventilating Conduit or Air Duct under the brand of "Arrow duct" and Post-Tension Duct which are made from hot-dip galvanized steel. The end users of the Company and its subsidiaries' products are in the business of construction and property approximately 75% and the other 25% are manufacturing plants

    Free Float 11 Mar 2021 27 May 2020
    % /Shareholders
    27.87% 2,309 28.66% 2,427
    Foreign Shareholders 0.11% (As of 15/10/2021) Foreign Limit 49.00%
    NVDR Shareholders  0.19% (As of 15/10/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - -3.39 0.46
    20 Days -2.89 -11.60 -2.87
    60 Days 0.60 -18.64 -7.77
    120 Days - -27.50 -19.00
    YTD 15.86 -35.70 -29.73
    P/E (X) 12.44 N/A 58.10
    P/BV (X) 1.73 1.65 2.88
    Turnover Ratio (%) 0.05 2.24 1.33

    Top 10 Major Shareholders(@11 May 2021) Share %
    1. LK SYNDICATE CO.,LTD. 67,528,874 26.49
    2. นาย LERTCHAI VONGCHAISIT 66,908,017 26.25
    3. นาง PRAKRONG NAMNANTHASITH 17,980,506 7.05
    4. นาง KAMOLPAT VONGCHAIYASIT 12,745,631 5.00
    5. MISS SEE SEA-TIA 9,004,276 3.53
    6. นาย PANUPONG WIJITTHONGRUANG 7,003,091 2.75
    7. น.ส. จงกล งามเลิศชัย 5,273,500 2.07
    8. นาย TANAWAT PATTARANUPAN 4,928,863 1.93
    9. นาย สกล งามเลิศชัย 2,819,000 1.11
    10. น.ส. RUJIRA KORSAWATWORAKUN 2,654,000 1.04

    Management Position
    1. Mr. VICHAI THOSUWONCHINDA CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mr. LERTCHAI VONGCHAISIT CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. TANIN TANPRAWAT MANAGING DIRECTOR / DIRECTOR
    4. Mr. PANUPONG WIJITTHONGRUANG DIRECTOR
    5. Mrs. PRAKRONG NAMNANTHASITH DIRECTOR
    6. Mr. THARAPONG RUJIWONG DIRECTOR
    7. Mr. SOMPHOP JULO DIRECTOR
    8. Mr. SURADEJ CHUNTRANULUCK INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    9. Mr. NUMPON NGURNNUMCHOKE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. CHANA SINGRUNGRUANG INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    15 Oct 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 256.90  254.91  254.91 
    Market Cap (MB.) 2,157.93  1,848.10  2,255.96 
    Price (B./share) 8.40  7.25  8.85 
    BVPS (B./Share) 4.90  4.72  4.56 
    P/BV (X) 1.73  1.54  1.94 
    P/E (X) 12.44  10.51  10.77 
    Turnover Ratio (%) 36.29  13.15  10.80 
    Value Trade/Day (MB.) 4.35  1.04  0.98 
    Beta 0.60  0.78  0.61 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 15.86  -18.08  14.94 
    Dividend Yield (%) 5.91  7.58  5.62 
    Payout Ratio 0.51  0.80  0.61 
    Dividend Policy Not less than 50% of the net profits after deducting income tax or other reserve (if any).Thus, when the Company growing, it should be continuously pay-out the dividend and expected that it would reflect to the stability of share value of the company

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 31 Dec 2020 0.35 Baht 25 May 2021 Cash
    01 Jan 2020 - 30 Jun 2020 0.15 Baht 10 Sep 2020 Cash
    01 Jan 2019 - 31 Dec 2019 0.40 Baht 30 Apr 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.15 Baht 12 Sep 2019 Cash
    01 Jan 2018 - 31 Dec 2018 0.35 Baht 24 May 2019 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    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 Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 53.71 77.53 28.53 48.79 64.45
    A/R Net 337.31 381.04 319.35 388.37 394.60
    Inventories 581.15 708.58 670.24 524.36 444.80
    Current Assets 994.15 1,221.24 1,049.63 1,000.78 956.22
    PP&E Net 503.03 514.52 518.83 479.85 452.01
    Non-Current Assets 577.52 623.65 596.03 565.52 517.83
    Total Assets 1,571.67 1,844.89 1,645.66 1,566.30 1,474.05
    OD 79.32 364.82 164.86 178.81 191.13
    A/P Net 84.71 106.60 68.57 112.79 131.52
    Current portion of LT 19.26 15.58 19.92 5.28 -
    Current Liabilities 239.14 542.69 309.91 313.52 341.48
    Non-Current Liabilities 115.28 122.66 127.62 65.10 23.02
    Total Liabilities 354.43 665.35 437.52 378.61 364.51
    Authorized Capital 258.75 266.82 266.82 266.82 261.78
    Paid-Up Capital 254.91 254.91 254.91 254.91 253.75
    Premium (Discount) on Share Capital 244.90 244.90 244.90 244.90 236.15
    Retained Earnings (Deficit) 715.83 669.98 702.66 675.20 595.17
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 33.90 32.62 33.43 29.94 24.07
     - Surplus (Deficits) 7.44 7.44 7.44 7.44 24.07
    Shareholders' Equity 1,249.55 1,202.41 1,235.90 1,204.96 1,109.14
    Minority Interest -32.30 -22.87 -27.77 -17.27 0.40
    more
    Statement of Comprehensive Income (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 576.26 683.18 1,294.07 1,450.74 1,470.20
    Other Income 11.35 8.57 14.64 16.49 26.83
    Total Revenues 587.62 691.75 1,308.71 1,467.23 1,497.03
    Costs 376.59 481.70 926.27 1,078.76 1,147.35
    Selling And Administrative Expenses 81.44 81.52 146.04 166.00 180.49
    Total Cost And Expenses 458.03 563.23 1,088.30 1,244.76 1,327.84
    EBITDA 150.02 149.70 263.18 260.38 204.38
    Depre. & Amor. 21.75 21.18 42.77 37.94 35.15
    EBIT 128.27 128.52 220.41 222.44 169.22
    Net Profit : Owners Of The Parent 102.61 98.07 168.98 205.47 153.74
    EPS (B.) 0.40 0.38 0.66 0.81 0.61
    more
    Statement of Cash Flow (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 219.61 -1.65 192.44 137.35 151.52
    Investing Cash Flow -2.85 -85.36 -100.52 -50.83 -134.43
    Financing Cash Flow -191.57 115.75 -112.17 -102.18 -4.09
    Net Cash Flow 25.18 28.74 -20.26 -15.66 13.00
    more
    Annualized: ROE, ROA
    Ratios 6M/2021  6M/2020  2020  2019 
    Current Ratio (X) 4.16 2.25 3.39 3.19
    ROE (%) 14.15 17.69 13.85 17.76
    ROA (%) 12.89 14.43 13.72 14.63
    D/E (X) 0.29 0.56 0.36 0.32
    Total Asset Turnover (X) 0.71 0.83 0.81 0.97
    Gross Profit Margin (%) 34.65 29.49 28.42 25.64
    EBIT Margin (%) 21.83 18.58 16.84 15.16
    Net Profit Margin (%) 16.43 13.37 12.11 12.77

    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 (%) 6M/2021  6M/2020  2020  2019 
    Sales Growth -15.65 -7.19 -10.80 -1.32
    COGs Growth -21.82 -13.15 -14.14 -5.98
    Total Revenue Growth -15.05 -7.09 -10.80 -1.99
    Total Expense Growth -18.68 -12.13 -12.57 -6.26
    Net Profit Growth 4.64 0.19 -17.76 33.65

    Annualized
    Cash Cycle 6M/2021  6M/2020  2020  2019 
    A/R Turnover (Times) 3.31 3.45 3.66 3.71
    Avg. Collection Period (Days) 110.43 105.81 99.81 98.50
    Inventory Turnover (Times) 1.27 1.65 1.55 2.23
    Avg. Inventory Period (Days) 286.64 220.71 235.37 163.96
    A/P Turnover (Times) 8.58 7.62 10.21 8.83
    Avg. Payment Period (Days) 42.52 47.91 35.73 41.33
    Cash Cycle (Days) 354.55 278.62 299.45 221.13


    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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