Company Summary
BAFS BANGKOK AVIATION FUEL SERVICES PCL.
Resources/Energy & Utilities
sSET / SETTHSI
CG Report:   
 
  Data as of 23 Jul 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
25.25 30.75 / 18.60 N/A 3.03 637.50 16,096.78 31,613.79 60.90 211.44
News
Date/Time Subject
02 Jul 2021 13:25   Notification of the investment in aviation fuel service system at U-Tapao International Airport and the establishment of a subsidiary
13 May 2021 19:59   Publication of the Minutes of the Annual General Meeting of Shareholders for the Year 2021
13 May 2021 19:34   Financial Statement Quarter 1/2021 (Reviewed)
13 May 2021 19:34   Financial Performance Quarter 1 (F45) (Reviewed)
13 May 2021 19:33   Appointment of President
more

Company Profile
Address 171/2 Kamphaeng Phet 6 Road, Sub-Distict Don Mueang, Khet Don Mueang Bangkok 10210
Telephone 0-2834-8900
Fax 0-2834-8999
URL www.bafsthai.com
  Annual Report 2020
Establish Date 30/12/1983 Listed Date 04/04/2002
IPO Price (Baht) 60.00 @Par10.00 Baht
IPO Financial Advisory
  • THANACHART SECURITIES PUBLIC COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 10/05/2002

    Business
    Storage and Aircraft Refuelling Services

    Free Float 12 Mar 2021 11 Jun 2020
    % /Shareholders
    45.17% 11,223 45.18% 11,437
    Foreign Shareholders 12.87% (As of 23/07/2021) Foreign Limit 40.00%
    NVDR Shareholders  1.50% (As of 23/07/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -2.88 -0.43 -1.04
    20 Days -12.93 -7.59 -10.28
    60 Days -2.88 -0.00 -2.35
    120 Days 4.34 7.95 1.15
    YTD 6.09 7.92 -0.48
    P/E (X) N/A 18.22 29.36
    P/BV (X) 3.03 1.50 1.70
    Turnover Ratio (%) 0.07 0.59 1.12

    Top 10 Major Shareholders(@12 Mar 2021) Share %
    1. RATCH GROUP PUBLIC COMPANY LIMITED 98,983,125 15.53
    2. บริษัท การบินกรุงเทพ จำกัด (มหาชน) 63,737,000 10.00
    3. บริษัท ปตท. น้ำมันและการค้าปลีก จำกัด (มหาชน) 45,000,000 7.06
    4. บริษัท การบินไทย จำกัด (มหาชน) 45,000,000 7.06
    5. บริษัท เชลล์แห่งประเทศไทย จำกัด 45,000,000 7.06
    6. บริษัท เอสโซ่ ประเทศไทย จำกัด (มหาชน) 45,000,000 7.06
    7. บริษัท ท่าอากาศยานไทย จำกัด (มหาชน) 31,500,000 4.94
    8. บริษัท เชฟรอน (ไทย) จำกัด 16,000,000 2.51
    9. บริษัท ซัสโก้ ดีลเลอร์ส จำกัด 12,750,000 2.00
    10. บริษัท สิงคโปร์ ปิโตรเลียม (ประเทศไทย) จำกัด 12,750,000 2.00

    Management Position
    1. Mr. PALAKORN SUWANRATH CHAIRMAN OF THE BOARD / INDEPENDENT DIRECTOR
    2. M.R. SUPADIS DISKUL EXECUTIVE CHAIRMAN / DIRECTOR
    3. Mr. PRAKOBKIAT NINNAD PRESIDENT / DIRECTOR
    4. Mr. NITINAI SIRISMATTHAKARN DIRECTOR
    5. Mr. KONGSIAM CHINWANNO DIRECTOR
    6. Mr. PUTTIPONG PRASARTTONG-OSOTH DIRECTOR
    7. Mr. SAKSITH SRILERTFAR DIRECTOR
    8. Mr. CHUMPOL SURAPITTAYANONT DIRECTOR
    9. Mr. CHAI EAMSIRI DIRECTOR
    10. Mr. KIJJA SRIPATTHANGKURA DIRECTOR
    11. Mrs. WADEERAT CHAROENCOOP DIRECTOR
    12. Mr. PACHARA YUTIDHAMMADAMRONG INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    13. MR. VISUT MONTRIWAT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    14. Mr. PIPAT PURNANANDA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    15. Mr. ASWIN KONGSIRI INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    23 Jul 2021    		 2020
    30 Dec 2020    		 2019
    30 Dec 2019
    Listed share (M.) 637.50  637.50  637.50 
    Market Cap (MB.) 16,096.78  15,172.41  19,124.88 
    Price (B./share) 25.25  23.80  30.00 
    BVPS (B./Share) 8.32  8.81  10.01 
    P/BV (X) 3.03  2.70  3.00 
    P/E (X) N/A  N/A  19.91 
    Turnover Ratio (%) 14.41  19.75  8.91 
    Value Trade/Day (MB.) 18.11  11.90  7.79 
    Beta 0.94  0.87  0.54 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 6.09  -20.67  -8.40 
    Dividend Yield (%) N/A  5.25  4.57 
    Payout Ratio N/A  N/A  0.91 
    Dividend Policy Not less than 50% of net profit after tax, legal reserve and other reserves, which no less that 10%, calculated from the net profit of Company?s financial statement only

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jul 2019 - 31 Dec 2019 1.02 Baht 14 May 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.23 Baht 06 Sep 2019 Cash
    01 Jan 2018 - 31 Dec 2018 1.14 Baht 17 May 2019 Cash
    01 Jan 2018 - 30 Jun 2018 0.23 Baht 06 Sep 2018 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MISS VISSUTA JARIYATHANAKORN/EY OFFICE LIMITED
    Miss KOSUM CHA-EM/EY OFFICE LIMITED
    MRS. KUNLAPEE PIYAWANNASUTH/EY OFFICE LIMITED
    		F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 3M/2021 
    (01/01/21 
    -31/03/21)     		 3M/2020 
    (01/01/20 
    -31/03/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Cash And Cash Equivalents 644.18 2,650.62 804.62 1,426.49 1,504.44
    A/R Net 205.15 242.17 158.94 388.26 380.07
    Inventories 46.37 55.72 43.11 50.28 39.64
    Current Assets 1,479.54 3,741.57 1,899.59 2,593.05 2,736.93
    PP&E Net 15,757.54 13,270.61 14,066.48 12,724.69 11,385.25
    Non-Current Assets 19,985.77 16,816.91 17,566.17 14,752.78 13,553.44
    Total Assets 21,465.31 20,558.47 19,465.76 17,345.83 16,290.37
    OD 760.00 - - - -
    A/P Net 94.70 218.13 162.28 295.85 406.21
    Current portion of LT 638.83 476.54 430.20 534.34 334.22
    Current Liabilities 1,592.37 946.31 662.17 1,021.90 919.87
    Non-Current Liabilities 13,305.53 11,618.40 12,036.21 8,460.12 7,517.53
    Total Liabilities 14,897.90 12,564.70 12,698.38 9,482.02 8,437.40
    Authorized Capital 637.50 637.50 637.50 637.50 637.50
    Paid-Up Capital 637.50 637.50 637.50 637.50 637.50
    Premium (Discount) on Share Capital 434.98 434.98 434.98 434.98 434.98
    Retained Earnings (Deficit) 3,821.57 5,189.55 4,010.54 5,035.03 4,994.38
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 410.08 410.08 410.08 410.08 410.08
     - Surplus (Deficits) 410.08 410.08 410.08 410.08 410.08
    Shareholders' Equity 5,304.12 6,672.10 5,493.09 6,517.58 6,476.93
    Minority Interest 1,263.29 1,321.68 1,274.28 1,346.23 1,376.04
    more
    Statement of Comprehensive Income (MB.) 3M/2021 
    (01/01/21 
    -31/03/21)     		 3M/2020 
    (01/01/20 
    -31/03/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Revenue From Operations 367.21 859.09 1,804.31 3,872.44 3,754.34
    Other Income 9.61 8.25 78.14 83.73 52.27
    Total Revenues 381.01 870.89 1,893.82 3,956.17 3,806.60
    Costs 372.30 424.48 1,528.61 1,829.24 1,658.94
    Selling And Administrative Expenses 155.20 162.08 588.89 701.39 611.78
    Total Cost And Expenses 527.50 592.56 2,117.50 2,530.64 2,270.71
    EBITDA 60.90 479.77 568.39 2,069.14 2,096.44
    Depre. & Amor. 208.72 201.57 793.88 644.64 560.56
    EBIT -147.82 278.20 -225.49 1,424.50 1,535.87
    Net Profit : Owners Of The Parent -188.97 154.51 -374.26 939.92 1,050.59
    EPS (B.) -0.30 0.24 -0.59 1.47 1.65
    more
    Statement of Cash Flow (MB.) 3M/2021 
    (01/01/21 
    -31/03/21)     		 3M/2020 
    (01/01/20 
    -31/03/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Operating Cash Flow -34.69 555.34 440.63 1,488.10 1,838.49
    Investing Cash Flow -1,455.78 -894.41 -2,065.40 -1,405.79 -4,217.22
    Financing Cash Flow 1,330.00 1,563.15 1,002.90 -160.31 2,429.47
    Net Cash Flow -160.46 1,224.09 -621.87 -78.00 50.74
    more
    Annualized: ROE, ROA
    Ratios 3M/2021  3M/2020  2020  2019 
    Current Ratio (X) 0.93 3.95 2.87 2.54
    ROE (%) -11.99 11.06 -6.23 14.47
    ROA (%) -3.10 6.44 -1.23 8.47
    D/E (X) 2.27 1.57 1.88 1.21
    Total Asset Turnover (X) 0.07 0.20 0.10 0.24
    Gross Profit Margin (%) -1.39 50.59 15.28 52.76
    EBIT Margin (%) -38.80 31.94 -11.91 36.01
    Net Profit Margin (%) -52.39 17.58 -22.12 24.45

    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/2021  3M/2020  2020  2019 
    Sales Growth -57.26 -14.05 -53.41 3.15
    COGs Growth -12.29 9.48 -16.43 10.27
    Total Revenue Growth -56.25 -15.55 -52.13 3.93
    Total Expense Growth -10.98 10.55 -16.33 11.45
    Net Profit Growth N/A -55.59 N/A -10.53

    Annualized
    Cash Cycle 3M/2021  3M/2020  2020  2019 
    A/R Turnover (Times) 5.87 12.13 6.59 10.08
    Avg. Collection Period (Days) 62.20 30.10 55.35 36.21
    Inventory Turnover (Times) 28.92 36.24 32.74 40.69
    Avg. Inventory Period (Days) 12.62 10.07 11.15 8.97
    A/P Turnover (Times) 9.44 8.29 6.67 5.21
    Avg. Payment Period (Days) 38.67 44.05 54.70 70.04
    Cash Cycle (Days) 36.15 -3.88 11.80 -24.86


    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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