Company Summary
CHO CHO THAVEE PUBLIC COMPANY LIMITED
Industrial
mai
CG Report:   
 
  Data as of 22 Apr 2019  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
1.13 1.73 / 1.05 32.53 1.66 327.22 1,479.04 4,227.39 246.19 17.17
News
Date/Time Subject
12 Apr 2019 17:02   Notification of progress for buses delivery and payment receiving regarding BMTA's contract for NGV buses procurement
22 Mar 2019 18:06   Notification of Contract Termination regarding E-Ticket Project
22 Mar 2019 17:44   Publication of the 2019 Annual General Shareholders Meeting invitation letter on the Company website
14 Mar 2019 12:57   Clarification on the news regarding the cancellation of E-Ticket project
12 Mar 2019 12:54   Notification of progress for the 4th batch, the 3rd lot of buses delivery regarding BMTA's contract for NGV buses procurement
more

Company Profile
Address 265 Moo 4 Klang Muang Road, Muangkhao, Muang Khon Kaen 40000
Telephone 0-4304-3888
Fax 0-4304-3899
URL www.cho.co.th
  Annual Report 2018
Establish Date 18/11/1994 Listed Date 13/05/2013
IPO Price (Baht) 1.80 @Par0.25 Baht
IPO Financial Advisory
  • ASSET PRO MANAGEMENT COMPANY LIMITED
  • Par 0.25 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  / Industrial / Industrial

    Business
    Design, inventing and manufacturing commercial automotive engineering systems including rail technology and defense industry products for example trucks, trailers, buses, catering trucks, trains, fire rescue vehicles, armored vehicle, troop carriers and battle ships.

    Free Float 12 Mar 2018 14 Mar 2017
    % /Shareholders
    50.32% 5,779 46.46% 7,229
    Foreign Shareholders 3.17% (As of 22/04/2019) Foreign Limit 49.00%
    NVDR Shareholders  3.96% (As of 22/04/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Industry (%) Compare to Market (%)
    5 Days - -0.31 -1.42
    20 Days -2.59 -1.59 -3.45
    60 Days -20.42 -20.39 -21.96
    120 Days -3.42 14.37 10.63
    YTD -15.04 -10.39 -17.85
    P/E (X) 32.53 24.87 52.76
    P/BV (X) 1.66 1.44 1.82
    Turnover Ratio (%) 0.03 0.17 0.12

    Top 10 Major Shareholders(@12 Mar 2019) Share %
    1. นาย สุรเดช ทวีแสงสกุลไทย 447,619,730 34.20
    2. นาย มารัตน์ แซ่ลิ้ม 71,494,844 5.46
    3. นาง วาสนา ทวีแสงสกุลไทย 68,640,000 5.24
    4. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 52,141,564 3.98
    5. น.ส. อัศนา ทวีแสงสกุลไทย 39,505,460 3.02
    6. THE BANK OF NEW YORK MELLON 35,350,000 2.70
    7. นาย ทนง สุวจนกร 34,000,000 2.60
    8. นาย พุฒิพัฒน์ เวศย์วรุตม์ 26,061,975 1.99
    9. นาย สุรพล ทวีแสงสกุลไทย 22,336,000 1.71
    10. นาย กิติเมศวร์ เวศย์วรุตม์ 12,117,200 0.93

    Management Position
    1. Mrs. PHENPHIMOL VEJVARUT CHAIRPERSON OF THE BOARD
    2. Mr. SURADECH TAWEESAENGSAKULTHAI EXECUTIVE COMMITTEE CHAIRMAN / CHIEF OF EXECUTIVE OFFICER / PRESIDENT / DIRECTOR
    3. Miss ASANA TAWEESANGSAKULTHAI DIRECTOR
    4. Mr. SIRIWAT TAVEESANGSKULTHAI DIRECTOR
    5. Mr. ANUSORN TAMAJAI INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    6. Mr. ASA PRATEEPASEN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. Mr. CHATCHAWAN TRIAMVICHARNKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    22 Apr 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 1,308.89  1,308.89  1,182.94 
    Market Cap (MB.) 1,479.04  1,740.82  2,070.15 
    Price (B./share) 1.13  1.33  1.75 
    BVPS (B./Share) 0.68  0.64  0.54 
    P/BV (X) 1.66  2.27  3.23 
    P/E (X) 32.53  16.58  N/A 
    Turnover Ratio (%) 17.97  80.59  98.79 
    Value Trade/Day (MB.) 4.22  6.69  8.66 
    Beta 0.66  0.54  0.74 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) -15.04  -24.00  -0.57 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio N/A 
    Dividend Policy Not less than 40% of the net profit before expenses deduction according to International Financial Reporting Standard No.2 (amendment B.E. 2557), ?Share-based Payment? after deduction of all reserved funds (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    - 10.00 : 1.00 Share 19 May 2016 Stock
    - 0.0058 Baht 19 May 2016 Cash
     
    Auditor
    (Effective Until 31/12/2019)
    MISS BONGKOT AMSAGEAM/KPMG PHOOMCHAI AUDIT LIMITED
    MISS VIPAVAN PATTAVANVIVEK/KPMG PHOOMCHAI AUDIT LIMITED
    Miss NAWARAT NITIKEATIPONG/KPMG PHOOMCHAI AUDIT LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash 3.71 2.61 43.86 49.30
    A/R Net 1,288.06 766.85 373.64 468.38
    Inventories 765.18 360.13 335.11 296.92
    Current Assets 2,115.77 1,177.73 775.43 834.88
    PP&E Net 1,097.86 976.60 771.20 663.71
    Total Assets 3,640.80 2,328.28 1,710.36 1,619.38
    OD 1,077.80 966.17 358.58 729.56
    A/P Net 444.23 328.18 280.11 110.22
    Current portion of LT 179.03 310.97 11.06 10.89
    Current Liabilities 2,488.07 1,622.31 678.03 862.42
    Non-Current Liabilities 263.99 43.67 351.33 59.96
    Total Liabilities 2,752.06 1,665.99 1,029.36 922.38
    Authorized Capital 460.28 295.74 296.97 270.00
    Paid-Up Capital 327.22 295.74 295.74 206.13
    Premium (Discount) on Share Capital 524.89 375.90 375.90 317.33
    Other Surplus (Deficit) 23.38 23.38 23.38 23.38
    Retained Earnings (Deficit) 13.24 -32.73 -14.02 105.48
    Treasury Stock - - - -
    Shareholders' Equity 888.74 662.29 681.00 697.00
    Minority Interest 0.00 0.00 0.00 0.00
    more
    Statement of Comprehensive Income (MB.) 2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Sales 2,266.85 1,585.90 1,058.24 1,142.63
    Other Income 21.37 13.62 21.60 19.16
    Total Revenues 2,288.22 1,599.53 1,079.84 1,161.79
    COGs 1,877.43 1,394.86 917.50 892.43
    SG&A 218.56 173.65 216.04 195.07
    Total Expenses 2,096.43 1,569.15 1,133.72 1,087.69
    EBITDA 246.19 81.85 -14.95 106.14
    Depre. & Amor. 54.39 51.47 38.93 32.04
    EBIT 191.79 30.38 -53.88 74.10
    Net Profit 45.47 -19.50 -91.29 35.74
    EPS (B.) 0.04 -0.02 -0.09 0.04
    more
    Statement of Cash Flow (MB.) 2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow -959.77 -456.69 207.88 -36.23
    Investing Cash Flow -174.48 -175.42 -180.34 -359.58
    Financing Cash Flow 1,135.35 590.85 -32.98 421.41
    Net Cash Flow 1.10 -41.25 -5.44 25.60
    more
    Annualized: ROE, ROA
    Ratios 2018  2017  2016 
    Current Ratio (X) 0.85 0.73 1.14
    ROE (%) 5.86 -2.90 -13.25
    ROA (%) 6.43 1.50 -3.24
    D/E (X) 3.10 2.52 1.51
    Total Asset Turnover (X) 0.77 0.79 0.65
    Gross Profit Margin (%) 17.18 12.05 13.30
    EBIT Margin (%) 8.38 1.90 -4.99
    Net Profit Margin (%) 1.99 -1.22 -8.45

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    19 Dec 2018 PP 30,000,000 1,308,886,517 0.25
    13 Dec 2018 PP 69,944,744 1,278,886,517 0.25
    26 Nov 2018 PP 12,000,000 1,208,941,773 0.25
    02 Mar 2018 PP 10,000,000 1,196,941,773 0.25
    05 Feb 2018 PP 2,000,000 1,186,941,773 0.25
    25 Jan 2018 PP 2,000,000 1,184,941,773 0.25
    17 May 2016 XD 91,643,225 1,009,988,125 0.25

    Growth Rate (%) 2018  2017  2016 
    Sales Growth 42.94 49.86 -7.39
    COGs Growth 34.60 52.03 2.81
    Total Revenue Growth 43.06 48.13 -7.05
    Total Expense Growth 33.60 38.41 4.23
    Net Profit Growth N/A N/A N/A

    Annualized
    Cash Cycle 2018  2017  2016 
    A/R Turnover (Times) 2.21 2.78 2.51
    Avg. Collection Period (Days) 165.44 131.24 145.21
    Inventory Turnover (Times) 3.34 4.01 2.90
    Avg. Inventory Period (Days) 109.39 90.96 125.72
    A/P Turnover (Times) 4.86 4.59 4.70
    Avg. Payment Period (Days) 75.08 79.59 77.64
    Cash Cycle (Days) 199.74 142.62 193.29


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

    Market Alert (Latest)
    No Information Found
    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
    The Information is provided for informative and educational purposes only.