Company Summary
ASIMAR ASIAN MARINE SERVICES PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET
CG Report:   
 
  Data as of 11 Aug 2020  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
1.43 1.73 / 0.57 33.82 0.85 258.29 369.36 667.02 31.51 10.10
News
Date/Time Subject
01 Jun 2020 13:22   Ship Building Contract of Deparment of Marine and Coastal Resources
15 May 2020 17:08   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2020-Edit
15 May 2020 12:56   Reviewed financial performance Quarter 1 (F45)
15 May 2020 12:55   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2020
15 May 2020 12:55   Financial Statement Quarter 1/2020 (Reviewed)
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Company Profile
Address No. 128 Mu 3 Suksawad Rd., Laemfapa, PraSamutjedee Samut Prakarn 10290
Telephone 0-2815-2060-67
Fax 0-2453-7213-4
URL www.asimar.com
  Annual Report 2019
Establish Date 1981 Listed Date 17/01/1996
IPO Price (Baht) 60.00 @Par10.00 Baht
IPO Financial Advisory
  • ONE PAT FINANCE & SECURITIES PUBLIC CO.,LTD.
  • Par 1.00 Baht
    Last Par Change Old 7.00 : New 1.00 @ 30/07/2002

    Business
    The Company provides quality ship-repair, conversion, ship-building, and engineering work to the owner worldwide. More than many years of experience in ship repair industry. The Company is well known as the leading shipyard in Thailand.

    Free Float 13 Mar 2020 18 Mar 2019
    % /Shareholders
    63.38% 2,659 63.47% 3,302
    Foreign Shareholders 0.07% (As of 11/08/2020) Foreign Limit 25.00%
    NVDR Shareholders  0.32% (As of 11/08/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 4.38 1.39 3.91
    20 Days 3.62 7.49 4.68
    60 Days 47.42 61.77 41.96
    120 Days 27.68 62.77 45.55
    YTD 19.17 59.06 40.83
    P/E (X) 33.82 57.29 19.74
    P/BV (X) 0.85 2.65 1.50
    Turnover Ratio (%) 0.10 0.64 1.21

    Top 10 Major Shareholders(@13 Mar 2020) Share %
    1. บริษัท ตัณฑ์ไพบูลย์ จำกัด 45,980,000 17.80
    2. นาย วิบูลย์ ผาณิตวงศ์ 21,250,041 8.23
    3. นาง อิราวัณณ์ ผาณิตวงศ์ 8,800,000 3.41
    4. นาย นณณ์ ผาณิตวงศ์ 5,500,000 2.13
    5. น.ส. ลลยา ผาณิตวงศ์ 5,500,000 2.13
    6. น.ส. วิวัณณ์ ผาณิตวงศ์ 5,500,000 2.13
    7. นาย วิณณ์ ผาณิตวงศ์ 5,500,000 2.13
    8. MR. TAWEE CHANGPETCH 5,500,000 2.13
    9. นาย VIROJNA TANSIRIKONGKOL 5,330,000 2.06
    10. นาย ประวัติ จันทร์เรือง 5,209,700 2.02

    Management Position
    1. Mr. PRAKIT PRADIPASEN CHAIRMAN / INDEPENDENT DIRECTOR
    2. Mrs. WARAWAN NGANTHANVEE CHAIRMAN OF EXECUTIVE DIRECTOR / DIRECTOR
    3. Mr. SURADEJ TANPAIBUL CHIEF EXECUTIVE OFFICER / DIRECTOR
    4. Mr. NONN PANITVONG DIRECTOR
    5. Mr. PRAWAT CHANRUANG DIRECTOR
    6. Mr. SUTIN TANPHAIBUL DIRECTOR
    7. Mr. WIN PANITVONG DIRECTOR
    8. Mr. TEERAPONG TANPHAIBUL DIRECTOR
    9. Mr. SRIBHUMI SUKHANETR INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    10. Mr. BUMROONG CHINDA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mrs. LUCKANA SRISOD INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    11 Aug 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 258.29  258.29  258.29 
    Market Cap (MB.) 369.36  309.95  483.00 
    Price (B./share) 1.43  1.20  1.87 
    BVPS (B./Share) 1.69  1.69  1.71 
    P/BV (X) 0.85  0.71  1.09 
    P/E (X) 33.82  14.54  13.01 
    Turnover Ratio (%) 37.14  39.58  58.94 
    Value Trade/Day (MB.) 0.83  0.74  1.85 
    Beta 0.98  0.83  0.88 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) 19.17  -35.83  -36.39 
    Dividend Yield (%) 3.50  8.33  10.70 
    Payout Ratio 1.18  1.21  1.39 
    Dividend Policy No less than 40 percent of its net profit of each fiscal

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2019 - 31 Dec 2019 0.05 Baht 30 Apr 2020 Cash
    01 Jan 2018 - 31 Dec 2018 0.10 Baht 03 May 2019 Cash
    01 Jan 2017 - 31 Dec 2017 0.20 Baht 02 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MR. PERADATE PONGSATHIANSAK/DHARMNITI AUDITING CO., LTD.
    MISS WANNISA NGAMBUATHONG/DHARMNITI AUDITING CO., LTD.
    MISS THANYAPORN TANGTHANOPAJAI/DHARMNITI AUDITING CO., LTD.
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 3M/2020 
    (01/01/20 
    -31/03/20) 
    3M/2019 
    (01/01/19 
    -31/03/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Cash 48.00 28.36 66.80 42.21 60.69
    A/R Net 58.57 88.00 53.62 53.70 49.25
    Inventories 43.84 40.93 57.78 40.72 47.25
    Current Assets 229.50 247.99 238.60 246.93 234.96
    PP&E Net 439.30 443.57 443.26 440.59 423.47
    Total Assets 781.00 765.46 755.16 759.08 733.81
    OD 115.00 87.13 140.00 87.00 20.00
    A/P Net 43.01 37.21 34.82 34.05 42.18
    Current portion of LT 23.91 21.52 21.35 21.41 12.91
    Current Liabilities 206.27 182.75 220.15 175.83 150.98
    Non-Current Liabilities 137.86 119.61 106.07 119.22 100.15
    Total Liabilities 344.13 302.36 326.22 295.05 251.14
    Authorized Capital 258.29 258.29 258.29 258.29 258.29
    Paid-Up Capital 258.29 258.29 258.29 258.29 258.29
    Premium (Discount) on Share Capital - - - - -
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 177.04 203.46 169.24 203.78 222.81
    Treasury Stock - - - - -
    Shareholders' Equity 435.33 461.75 427.53 462.07 481.10
    Minority Interest 1.54 1.36 1.41 1.96 1.56
    more
    Statement of Comprehensive Income (MB.) 3M/2020 
    (01/01/20 
    -31/03/20) 
    3M/2019 
    (01/01/19 
    -31/03/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Sales 130.14 106.58 430.62 516.13 691.48
    Other Income 3.36 2.53 10.15 8.76 13.78
    Total Revenues 133.50 109.11 440.77 524.90 705.26
    COGs 84.01 70.15 302.87 350.33 444.38
    SG&A 24.39 31.19 112.19 110.43 123.93
    Total Expenses 112.18 105.46 430.28 476.98 598.49
    EBITDA 31.51 13.05 47.58 86.93 145.61
    Depre. & Amor. 10.20 9.40 37.09 39.02 38.84
    EBIT 21.32 3.65 10.49 47.91 106.78
    Net Profit 10.97 1.06 1.01 32.67 81.57
    EPS (B.) 0.04 0.00 0.00 0.13 0.32
    more
    Statement of Cash Flow (MB.) 3M/2020 
    (01/01/20 
    -31/03/20) 
    3M/2019 
    (01/01/19 
    -31/03/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 26.21 4.97 64.15 1.55 142.08
    Investing Cash Flow -10.97 -10.64 -35.92 -54.90 -57.69
    Financing Cash Flow -34.30 -8.02 -3.24 35.09 -60.74
    Net Cash Flow -19.07 -13.69 25.00 -18.26 23.65
    more
    Annualized: ROE, ROA
    Ratios 3M/2020  3M/2019  2019  2018 
    Current Ratio (X) 1.11 1.36 1.08 1.40
    ROE (%) 2.43 4.82 0.23 6.93
    ROA (%) 3.64 4.91 1.39 6.42
    D/E (X) 0.79 0.65 0.76 0.64
    Total Asset Turnover (X) 0.60 0.66 0.58 0.70
    Gross Profit Margin (%) 35.44 34.18 29.67 32.12
    EBIT Margin (%) 15.97 3.35 2.38 9.13
    Net Profit Margin (%) 8.22 0.97 0.23 6.22

    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/2020  3M/2019  2019  2018 
    Sales Growth 22.11 -20.17 -16.57 -25.36
    COGs Growth 19.76 -20.34 -13.55 -21.16
    Total Revenue Growth 22.35 -19.47 -16.03 -25.57
    Total Expense Growth 6.38 -12.72 -9.79 -20.30
    Net Profit Growth 937.05 -90.15 -96.92 -59.95

    Annualized
    Cash Cycle 3M/2020  3M/2019  2019  2018 
    A/R Turnover (Times) 6.20 6.27 8.02 10.03
    Avg. Collection Period (Days) 58.89 58.25 45.48 36.40
    Inventory Turnover (Times) 7.47 7.31 6.15 7.96
    Avg. Inventory Period (Days) 48.84 49.92 59.36 45.83
    A/P Turnover (Times) 7.90 7.50 8.79 9.19
    Avg. Payment Period (Days) 46.22 48.67 41.50 39.71
    Cash Cycle (Days) 61.52 59.50 63.34 42.52


    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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