Company Summary
ASEFA ASEFA PUBLIC COMPANY LIMITED
Industrials/Industrial Materials & Machinery
SET
CG Report:   
 
  Data as of 21 Sep 2018  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
4.78 7.10 / 4.48 11.18 1.83 550.00 2,629.00 3,261.81 155.87 9.44
News
Date/Time Subject
10 Aug 2018 19:27   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2018
10 Aug 2018 19:25   Reviewed Quarter 2 and Consolidated F/S (F45-3)
10 Aug 2018 19:23   Financial Statement Quarter 2/2018 (Reviewed)
11 May 2018 19:13   Reviewed Quarter 1 and Consolidated F/S (F45-3)
11 May 2018 19:13   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2018
more

Company Profile
Address 5 Moo 1, Rama II Road, Khok-krabue, Muang Samutsakhon Samut Sakhon 74000
Telephone 0-2686-7777
Fax 0-2686-7788
URL www.asefa.co.th
  Annual Report 2017
Establish Date 1997 Listed Date 05/08/2015
IPO Price (Baht) 3.70 @Par1.00 Baht
IPO Financial Advisory
  • FINANSIA SYRUS SECURITIES PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    ASEFA Public Company Limited ("the Company") operate 4 core businesses; 1) Manufacture and distribute switchboards, including switchboards designed and developed by the company under brand "ASEFA" and licensed switchboards from Schneider Electric Industries S.A. and Socomec S.A. that are type-tested switchboards that the Company needs to manufacture strictly to the design with specific components from the licensors,2) Distribute other related electrical components, electrical and control products and electrical power distribution products,3) Integrated engineering services and after sales services,4) Power plant demolition which is the revenue from sales of scrap or equipments from demolition of Bang Pakong Combined Cycle Power Plant unit 1 and unit 2 which is operated by the joint venture named "Asefa Suntech Joint Venture".

    Free Float 07 Mar 2018 06 Mar 2017
    % /Shareholders
    31.00% 3,371 27.44% 3,269
    Foreign Shareholders 1.56% (As of 21/09/2018) Foreign Limit 49.00%
    NVDR Shareholders  0.89% (As of 21/09/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 0.42 -0.00 -1.52
    20 Days -1.24 0.86 -4.70
    60 Days -2.45 -4.92 -9.21
    120 Days -18.98 -7.16 -16.89
    YTD -20.33 -4.63 -20.44
    P/E (X) 11.18 20.16 17.33
    P/BV (X) 1.83 1.19 2.00
    Turnover Ratio (%) 0.05 0.29 0.65

    Top 10 Major Shareholders(@04 May 2018) Share %
    1. นาย ไพบูลย์ อังคณากรกุล 173,560,000 31.56
    2. นาย เสงี่ยม กล่อมจิตเจริญ 59,459,500 10.81
    3. นาย พรชัย อุไรสินธว์ 59,386,000 10.80
    4. นาย ชัยรัตน์ ตั้งติวาจา 58,780,000 10.69
    5. น.ส. วันทนา ฐานวิเศษ 26,440,000 4.81
    6. น.ส. พรทิพย์ อังคณากรกุล 20,549,200 3.74
    7. บริษัท เอฟดับบลิวดี ประกันชีวิต จำกัด (มหาชน) 14,149,600 2.57
    8. N.C.B.TRUST LIMITED-POHJOLA BANK PLC CLIENT A/C EUR 7,000,000 1.27
    9. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 5,186,730 0.94
    10. นาย อำนาจ ฤกษ์สวัสดิ์ 3,100,000 0.56

    Management Position
    1. Mr. SORACIT PHUNGSUK CHAIRMAN / INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    2. Mr. PHAIBOON UNGKANAKORNKUL MANAGING DIRECTOR / DIRECTOR
    3. Mr. CHAIRAT TANGTIVAJA DIRECTOR
    4. Mr. SA-NGEAM KLOMCHITCHAROEN DIRECTOR
    5. Mr. PORNCHAI URAISIN DIRECTOR
    6. Mr. PRASIT PITTAYAPAT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. Mr. SUPHAN SETTAPANICH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    21 Sep 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 550.00  550.00  550.00 
    Market Cap (MB.) 2,629.00  3,300.00  4,180.00 
    Price (B./share) 4.78  6.00  7.60 
    BVPS (B./Share) 2.61  2.63  2.44 
    P/BV (X) 1.83  2.28  3.11 
    P/E (X) 11.18  11.80  15.67 
    Turnover Ratio (%) 9.72  110.99  535.19 
    Value Trade/Day (MB.) 1.61  19.73  77.82 
    Beta 0.56  0.67  1.46 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -20.33  -21.05  35.71 
    Dividend Yield (%) 6.69  5.33  2.63 
    Payout Ratio 0.75  0.63  0.41 
    Dividend Policy At least 50% of its net profit after deduction of corporate retained loss (if any) and legal reserve (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2017 - 31 Dec 2017 0.32 Baht 23 May 2018 Cash
    01 Jan 2016 - 31 Dec 2016 0.32 Baht 25 May 2017 Cash
    01 Jan 2015 - 31 Dec 2015 0.20 Baht 25 May 2016 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    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/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash 150.43 42.66 125.56 77.80 53.34
    A/R Net 570.10 757.27 637.17 639.63 566.13
    Inventories 589.13 601.31 678.81 598.16 642.96
    Current Assets 1,453.83 1,461.40 1,560.16 1,455.47 1,501.36
    PP&E Net 663.74 681.60 677.73 668.02 604.04
    Total Assets 2,218.01 2,250.25 2,342.26 2,253.48 2,257.77
    OD 207.01 319.32 0.01 189.82 251.42
    A/P Net 528.96 497.00 776.58 501.83 587.72
    Current portion of LT 11.26 12.20 11.41 30.74 32.43
    Current Liabilities 766.80 850.66 815.21 756.66 895.12
    Non-Current Liabilities 25.61 30.88 27.40 76.01 106.56
    Total Liabilities 792.41 881.55 842.61 832.67 1,001.68
    Authorized Capital 550.00 550.00 550.00 550.00 550.00
    Paid-Up Capital 550.00 550.00 550.00 550.00 550.00
    Premium (Discount) on Share Capital 386.70 386.70 386.70 386.70 386.70
    Other Surplus (Deficit) 1.98 1.98 1.98 1.98 1.98
    Retained Earnings (Deficit) 496.08 439.57 568.92 492.98 317.84
    Treasury Stock - - - - -
    Shareholders' Equity 1,434.77 1,378.25 1,507.61 1,431.67 1,256.52
    Minority Interest -9.17 -9.55 -7.96 -10.86 -0.43
    more
    Statement of Comprehensive Income (MB.) 6M/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Sales 1,322.90 1,337.14 2,808.26 2,799.63 2,549.60
    Other Income 7.82 5.17 9.33 14.58 13.57
    Total Revenues 1,330.72 1,342.31 2,817.59 2,814.21 2,563.17
    COGs 1,022.64 1,024.41 2,152.16 2,095.93 1,979.80
    SG&A 178.24 161.76 345.60 361.08 303.17
    Total Expenses 1,200.88 1,186.17 2,497.75 2,457.01 2,282.97
    EBITDA 155.87 181.92 371.59 402.06 324.69
    Depre. & Amor. 26.03 25.77 51.76 44.86 44.50
    EBIT 129.84 156.14 319.84 357.20 280.20
    Net Profit 105.70 124.03 253.38 288.23 206.75
    EPS (B.) 0.19 0.23 0.46 0.52 0.45
    more
    Statement of Cash Flow (MB.) 6M/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow 18.00 84.74 504.39 306.34 -63.29
    Investing Cash Flow -18.88 -9.04 -19.65 -73.00 -140.38
    Financing Cash Flow 25.74 -110.84 -436.98 -208.88 203.19
    Net Cash Flow 24.87 -35.14 47.77 24.46 -0.47
    more
    Annualized: ROE, ROA
    Ratios 6M/2018  6M/2017  2017  2016 
    Current Ratio (X) 1.90 1.72 1.91 1.92
    ROE (%) 16.71 21.72 17.24 21.44
    ROA (%) 13.14 16.01 13.92 15.84
    D/E (X) 0.55 0.64 0.56 0.58
    Total Asset Turnover (X) 1.26 1.27 1.23 1.25
    Gross Profit Margin (%) 22.70 23.39 23.36 25.14
    EBIT Margin (%) 9.76 11.63 11.35 12.69
    Net Profit Margin (%) 7.94 9.24 8.99 10.24

    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/2018  6M/2017  2017  2016 
    Sales Growth -1.06 1.74 0.31 9.81
    COGs Growth -0.17 4.06 2.68 5.87
    Total Revenue Growth -0.86 1.56 0.12 9.79
    Total Expense Growth 1.24 1.80 1.66 7.62
    Net Profit Growth -14.77 -0.70 -12.09 39.41

    Annualized
    Cash Cycle 6M/2018  6M/2017  2017  2016 
    A/R Turnover (Times) 4.21 4.22 4.40 4.64
    Avg. Collection Period (Days) 86.70 86.59 82.98 78.60
    Inventory Turnover (Times) 3.61 3.76 3.37 3.38
    Avg. Inventory Period (Days) 101.03 97.10 108.29 108.07
    A/P Turnover (Times) 4.19 4.19 3.37 3.85
    Avg. Payment Period (Days) 87.07 87.17 108.41 94.87
    Cash Cycle (Days) 100.66 96.52 82.85 91.80


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    No Information Found

    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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