Company Summary
CHO CHO THAVEE PUBLIC COMPANY LIMITED
Industrial
mai
CG Report:   
 
  Data as of 10 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
0.49 0.90 / 0.36 N/A 0.58 330.48 647.73 3,089.70 15.89 15.69
News
Date/Time Subject
09 Jul 2020 17:14   Notification on the Substitute Songkran Holiday on July 27, 2020
08 Jul 2020 08:20   Report on the results of the Exercise of CHO-W2 (F53-5)
24 Jun 2020 13:14   Revision of Traditional Holidays of Cho Thavee Public Company Limited for the year 2020
15 Jun 2020 18:36   Notification of the 2nd Exercise of warrant ("CHO-W2")
27 May 2020 17:24   Notification of Signing Memorandum of Understanding for the development of 6 units Offshore Patrol Vessel Project Management System of the Philippine Navy
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 2019
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 2019 12 Mar 2018
    % /Shareholders
    49.04% 5,859 50.32% 5,779
    Foreign Shareholders 1.11% (As of 10/08/2020) Foreign Limit 49.00%
    NVDR Shareholders  4.14% (As of 10/08/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Industry (%) Compare to Market (%)
    5 Days -2.00 -4.40 -4.43
    20 Days -7.55 -9.58 -10.73
    60 Days 6.52 -10.81 -13.75
    120 Days -16.95 -25.09 -19.49
    YTD -30.99 -35.93 -31.84
    P/E (X) N/A 40.86 24.02
    P/BV (X) 0.58 1.14 1.55
    Turnover Ratio (%) 0.04 0.15 0.25

    Top 10 Major Shareholders(@11 Mar 2020) Share %
    1. MR. SURADECH TAWEESAENGSAKULTHAI 450,896,932 34.11
    2. นาย มารัตน์ แซ่ลิ้ม 105,719,844 8.00
    3. นาง วาสนา ทวีแสงสกุลไทย 68,640,000 5.19
    4. บริษัท Thai NVDR Company Limited 52,032,504 3.94
    5. MISS ASANA TAWEESANGSAKULTHAI 39,505,460 2.99
    6. THE BANK OF NEW YORK MELLON 38,550,000 2.92
    7. นาย พุฒิพัฒน์ เวศย์วรุตม์ 27,580,975 2.09
    8. นาย SURAPOL THAVEESANGSKULTHAI 22,336,000 1.69
    9. บริษัท ศูนย์รับฝากหลักทรัพย์ (ประเทศไทย) จำกัด เพื่อผู้ฝาก 16,318,298 1.23
    10. MR. TANONG SUWAJANAKORN 14,870,000 1.12

    Management Position
    1. Mrs. PHENPHIMOL VEJVARUT CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. SURADECH TAWEESAENGSAKULTHAI CHAIRMAN OF EXECUTIVE DIRECTOR / CHIEF OF EXECUTIVE OFFICER / PRESIDENT / DIRECTOR
    3. Miss ASANA TAWEESANGSAKULTHAI DIRECTOR
    4. Mr. SIRIWAT TAVEESANGSKULTHAI DIRECTOR
    5. Mr. ANUSORN TAMAJAI INDEPENDENT DIRECTOR / CHAIRMAN OF 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
    10 Aug 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 1,321.90  1,308.89  1,308.89 
    Market Cap (MB.) 647.73  929.31  1,740.82 
    Price (B./share) 0.49  0.71  1.33 
    BVPS (B./Share) 0.84  0.72  0.64 
    P/BV (X) 0.58  0.98  2.27 
    P/E (X) N/A  58.40  16.58 
    Turnover Ratio (%) 54.09  41.69  80.59 
    Value Trade/Day (MB.) 2.54  2.44  6.69 
    Beta 0.34  0.68  0.54 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) -30.99  -46.62  -24.00 
    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? (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2020)
    MISS BONGKOT AMSAGEAM/KPMG PHOOMCHAI AUDIT LIMITED
    MR. WAIYAWAT KORSAMARNCHAIYAKIJ/KPMG PHOOMCHAI AUDIT LIMITED
    Miss NAWARAT NITIKEATIPONG/KPMG PHOOMCHAI AUDIT LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    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 13.14 70.81 12.93 3.71 2.61
    A/R Net 457.42 1,313.08 471.58 1,288.06 766.85
    Inventories 663.63 697.58 715.42 765.18 360.13
    Current Assets 1,772.95 2,507.86 1,732.16 2,115.77 1,177.73
    PP&E Net 1,077.62 1,093.67 1,108.72 1,097.86 976.60
    Total Assets 3,567.79 4,030.67 3,251.79 3,640.80 2,328.28
    OD 662.21 948.70 571.92 1,077.80 966.17
    A/P Net 189.93 549.21 199.38 444.23 328.18
    Current portion of LT 880.17 149.46 335.36 179.03 310.97
    Current Liabilities 2,037.69 2,295.25 1,417.35 2,488.07 1,622.31
    Non-Current Liabilities 417.41 802.47 876.26 263.99 43.67
    Total Liabilities 2,455.11 3,097.72 2,293.60 2,752.06 1,665.99
    Authorized Capital 589.00 460.28 589.00 460.28 295.74
    Paid-Up Capital 330.48 327.22 327.22 327.22 295.74
    Premium (Discount) on Share Capital 532.83 524.89 524.90 524.89 375.90
    Other Surplus (Deficit) 23.38 23.38 23.38 23.38 23.38
    Retained Earnings (Deficit) 29.15 57.45 82.68 13.24 -32.73
    Treasury Stock - - - - -
    Shareholders' Equity 1,112.68 932.95 958.18 888.74 662.29
    Minority Interest 0.00 0.00 0.00 0.00 0.00
    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 207.70 808.66 1,524.59 2,266.85 1,585.90
    Other Income 10.66 6.14 84.62 21.37 13.62
    Total Revenues 218.36 814.80 1,609.21 2,288.22 1,599.53
    COGs 180.32 684.37 1,195.73 1,877.43 1,394.86
    SG&A 40.94 47.36 192.92 218.56 173.65
    Total Expenses 221.28 731.75 1,388.74 2,096.43 1,569.15
    EBITDA 15.89 97.13 278.21 246.19 81.85
    Depre. & Amor. 18.81 14.08 57.75 54.39 51.47
    EBIT -2.92 83.05 220.46 191.79 30.38
    Net Profit -41.44 40.11 65.86 45.47 -19.50
    EPS (B.) -0.03 0.03 0.05 0.04 -0.02
    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 -150.59 -109.96 456.12 -959.77 -456.69
    Investing Cash Flow 105.10 -16.31 -105.37 -174.48 -175.42
    Financing Cash Flow 45.69 193.37 -341.54 1,135.35 590.85
    Net Cash Flow 0.21 67.10 9.22 1.10 -41.25
    more
    Annualized: ROE, ROA
    Ratios 3M/2020  3M/2019  2019  2018 
    Current Ratio (X) 0.87 1.09 1.22 0.85
    ROE (%) -1.53 6.26 7.13 5.86
    ROA (%) 3.54 5.83 6.40 6.43
    D/E (X) 2.21 3.32 2.39 3.10
    Total Asset Turnover (X) 0.27 0.60 0.47 0.77
    Gross Profit Margin (%) 13.18 15.37 21.57 17.18
    EBIT Margin (%) -1.34 10.19 13.70 8.38
    Net Profit Margin (%) -18.98 4.92 4.09 1.99

    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

    Growth Rate (%) 3M/2020  3M/2019  2019  2018 
    Sales Growth -74.32 -6.55 -32.74 42.94
    COGs Growth -73.65 -10.31 -36.31 34.60
    Total Revenue Growth -73.20 -6.45 -29.67 43.06
    Total Expense Growth -69.76 -9.90 -33.76 33.60
    Net Profit Growth N/A 18.21 44.84 N/A

    Annualized
    Cash Cycle 3M/2020  3M/2019  2019  2018 
    A/R Turnover (Times) 1.04 1.65 1.73 2.21
    Avg. Collection Period (Days) 349.83 221.52 210.64 165.44
    Inventory Turnover (Times) 1.02 2.90 1.62 3.34
    Avg. Inventory Period (Days) 359.16 125.66 225.98 109.39
    A/P Turnover (Times) 1.87 2.81 3.72 4.86
    Avg. Payment Period (Days) 195.02 129.95 98.23 75.08
    Cash Cycle (Days) 513.97 217.22 338.38 199.74


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    Trading Alert Posted Date Lifted Date
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    Market Alert (Latest)
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    Only Preferred Share and Warrants
    Other Securities
    Securities Name CHO-W2

    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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