Company Summary
CK CH. KARNCHANG PUBLIC COMPANY LIMITED
Property & Construction/Construction Services
SET100 / SETCLMV
CG Report:   
 
  Data as of 13 Dec 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
25.50 29.00 / 23.30 18.45 1.72 1,693.90 43,194.37 94,384.65 3,746.61 20.46
News
Date/Time Subject
14 Nov 2018 17:05   Reviewed Quarter 3 and Consolidated F/S (F45-3)
14 Nov 2018 17:04   Financial Statement Quarter 3/2018 (Reviewed)
14 Nov 2018 17:04   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2018
10 Oct 2018 08:09   CKST Joint Venture (CK and STEC) Signing of the Contract with Metropolitan Electricity Authority
05 Sep 2018 12:33   Notification of Signing of the Contract with PTT Public Company Limited
more

Company Profile
Address 587 SUTTHISAN ROAD, RATCHADAPHISEK, DIN DAENG Bangkok 10400
Telephone 0-2277-0460, 0-2275-0026
Fax 0-2275-7029
URL http://www.ch-karnchang.co.th
  Annual Report 2017
Establish Date 27/11/1972 Listed Date 03/08/1995
IPO Price (Baht) 159.00 @Par10.00 Baht
IPO Financial Advisory
  • KGI SECURITIES (THAILAND) PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 14/11/2003

    Market/Industry/Sector Change
    Effective Date 02/01/2014
    Previous Market/Industry/Sector SET  / Property & Construction / Property Development
    Current Market/Industry/Sector SET  / Property & Construction / Construction Services

    Business
    The Company is one of the construction companies in Thailand which possesses capability in state of the arts construction technology, project management as well as a unique capability in comprehensive development, financing and management of the large scale infrastructure concessions in the country and the region.

    Free Float 14 Mar 2018 16 Mar 2017
    % /Shareholders
    64.79% 30,013 63.69% 27,825
    Foreign Shareholders 6.91% (As of 13/12/2018) Foreign Limit 25.00%
    NVDR Shareholders  3.77% (As of 13/12/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -2.86 0.58 0.59
    20 Days -0.97 4.34 1.78
    60 Days -5.56 3.91 0.47
    120 Days -5.56 6.47 0.49
    YTD -3.77 21.69 4.49
    P/E (X) 18.45 30.48 15.24
    P/BV (X) 1.72 1.57 1.83
    Turnover Ratio (%) 0.32 0.15 0.66

    Top 10 Major Shareholders(@28 Aug 2018) Share %
    1. บริษัท มหาศิริ สยาม จำกัด 280,012,365 16.53
    2. บริษัท ช.การช่าง โฮลดิ้ง จำกัด 171,396,530 10.12
    3. บริษัท ซีเค.ออฟฟิซ ทาวเวอร์ จำกัด 86,048,212 5.08
    4. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 56,672,419 3.35
    5. ธนาคาร กรุงเทพ จำกัด (มหาชน) 38,950,000 2.30
    6. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 31,252,900 1.85
    7. UOB KAY HIAN (HONG KONG) LIMITED - Client Account 29,669,300 1.75
    8. กองทุนเปิด กรุงศรีหุ้นระยะยาวปันผล 17,875,900 1.06
    9. บริษัท วิริยะประกันภัย จำกัด (มหาชน) 15,545,200 0.92
    10. นาง โสภิดา ตรีวิศวเวทย์ 15,383,225 0.91

    Management Position
    1. Mr. ASWIN KONGSIRI CHAIRMAN OF THE COMPANY / INDEPENDENT DIRECTOR
    2. Mr. PLEW TRIVISVAVET CHAIRMAN OF THE EXECUTIVE BOARD / DIRECTOR
    3. Miss SUPAMAS TRIVISVAVET PRESIDENT / DIRECTOR
    4. Mr. NARONG SANGSURIYA DIRECTOR
    5. Mr. RATN SANTAANNOP DIRECTOR
    6. Mr. PRASERT MARITTANAPORN DIRECTOR
    7. Mr. ANUKOOL TUNTIMAS DIRECTOR
    8. Mr. PAVICH TONGROACH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. MR. VITOON TEJATUSSANASOONTORN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Mr. THAWANSAK SUKHAWUN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    13 Dec 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 1,693.90  1,693.90  1,693.90 
    Market Cap (MB.) 43,194.37  44,888.27  52,510.80 
    Price (B./share) 25.50  26.50  31.00 
    BVPS (B./Share) 14.84  13.06  12.51 
    P/BV (X) 1.72  2.03  2.48 
    P/E (X) 18.45  23.17  35.53 
    Turnover Ratio (%) 112.24  141.18  235.56 
    Value Trade/Day (MB.) 211.58  273.47  464.40 
    Beta 1.00  0.96  1.18 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -3.77  -14.52  6.90 
    Dividend Yield (%) 1.96  1.89  2.10 
    Payout Ratio 0.36  0.44  0.74 
    Dividend Policy Not less than 40% of the net profit after deduction of taxes each year; whereby the dividend payment will be made in the following year, provided that there is no any other necessary requirement (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2018 - 30 Jun 2018 0.20 Baht 10 Sep 2018 Cash
    01 Jul 2017 - 31 Dec 2017 0.25 Baht 22 May 2018 Cash
    01 Jan 2017 - 30 Jun 2017 0.25 Baht 12 Oct 2017 Cash
    01 Jul 2016 - 31 Dec 2016 0.25 Baht 26 May 2017 Cash
    01 Jan 2016 - 30 Jun 2016 0.25 Baht 27 Sep 2016 Cash
    01 Jul 2015 - 31 Dec 2015 0.40 Baht 27 May 2016 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    MISS SIRAPORN OUAANUNKUN/E Y OFFICE COMPANY LIMITED
    MRS. CHONLAROS SUNTIASVARAPORN/E Y OFFICE COMPANY LIMITED
    Mr. CHATCHAI KASEMSRITHANAWAT/E Y OFFICE COMPANY 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.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash 9,293.61 8,340.98 6,689.09 11,406.17 4,666.96
    A/R Net 8,496.99 4,679.70 5,461.86 7,920.13 6,173.56
    Inventories 724.03 3,246.03 3,375.69 2,775.20 12,786.88
    Current Assets 28,505.38 28,968.51 28,395.52 33,329.81 45,040.38
    PP&E Net 9,620.41 8,251.62 8,317.54 8,609.98 7,329.63
    Total Assets 85,620.70 78,145.63 79,274.46 94,928.37 93,065.90
    OD 8,980.07 7,925.25 8,265.39 9,531.53 8,191.28
    A/P Net 5,672.87 5,886.41 4,037.67 6,440.97 6,602.05
    Current portion of LT 5,239.45 3,876.42 3,708.62 6,638.68 7,293.39
    Current Liabilities 31,445.04 25,316.22 25,097.37 29,345.48 30,555.35
    Non-Current Liabilities 28,667.57 30,322.24 30,304.02 43,728.57 41,654.88
    Total Liabilities 60,112.61 55,638.46 55,401.38 73,074.05 72,210.23
    Authorized Capital 1,693.90 1,693.90 1,693.90 1,693.90 1,693.90
    Paid-Up Capital 1,693.90 1,693.90 1,693.90 1,693.90 1,693.90
    Premium (Discount) on Share Capital 4,869.41 4,869.41 4,869.41 4,869.41 4,869.41
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 13,168.85 11,560.91 11,802.19 10,812.06 9,956.82
    Treasury Stock - - - - -
    Shareholders' Equity 25,136.81 22,130.45 23,486.22 21,480.64 20,457.29
    Minority Interest 371.28 376.72 386.86 373.68 398.38
    more
    Statement of Comprehensive Income (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Sales 22,185.45 29,048.48 35,922.81 45,768.29 34,911.98
    Other Income 1,290.67 1,249.67 1,807.87 1,251.26 3,115.77
    Total Revenues 24,993.85 30,899.31 38,553.61 47,597.15 38,027.75
    COGs 20,413.35 26,759.81 33,088.07 42,530.06 31,985.79
    SG&A 1,401.49 1,401.48 2,131.26 1,781.23 1,758.51
    Total Expenses 21,814.84 28,161.30 35,219.34 44,311.29 33,763.67
    EBITDA 3,746.61 3,498.25 4,364.57 4,270.15 5,271.24
    Depre. & Amor. 567.60 760.24 1,030.30 984.29 1,007.15
    EBIT 3,179.01 2,738.01 3,334.27 3,285.86 4,264.09
    Net Profit 2,126.61 1,595.47 1,810.01 2,002.40 2,192.64
    EPS (B.) 1.26 0.94 1.07 1.18 1.29
    more
    Statement of Cash Flow (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow 4,531.45 1,847.94 2,218.77 18,362.20 -9,982.97
    Investing Cash Flow -1,648.50 -211.76 -1,677.99 -14,133.17 -1,246.67
    Financing Cash Flow -119.78 -4,612.65 -5,151.73 2,505.59 10,614.37
    Net Cash Flow 2,763.17 -2,976.47 -4,610.96 6,734.61 -615.28
    more
    Annualized: ROE, ROA
    Ratios 9M/2018  9M/2017  2017  2016 
    Current Ratio (X) 0.91 1.14 1.13 1.14
    ROE (%) 9.91 8.95 8.05 9.55
    ROA (%) 4.61 3.94 3.83 3.50
    D/E (X) 2.39 2.51 2.36 3.40
    Total Asset Turnover (X) 0.40 0.44 0.44 0.51
    Gross Profit Margin (%) 7.99 7.88 7.89 7.08
    EBIT Margin (%) 12.72 8.86 8.65 6.90
    Net Profit Margin (%) 8.51 5.16 4.69 4.21

    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 (%) 9M/2018  9M/2017  2017  2016 
    Sales Growth -23.63 -24.07 -21.51 31.10
    COGs Growth -23.72 -24.60 -22.20 32.97
    Total Revenue Growth -19.11 -21.59 -19.00 25.16
    Total Expense Growth -22.54 -23.58 -20.52 31.24
    Net Profit Growth 33.29 -3.90 -9.61 -8.68

    Annualized
    Cash Cycle 9M/2018  9M/2017  2017  2016 
    A/R Turnover (Times) 4.41 6.16 5.37 6.49
    Avg. Collection Period (Days) 82.75 59.26 67.99 56.20
    Inventory Turnover (Times) 13.47 9.72 10.76 5.47
    Avg. Inventory Period (Days) 27.09 37.55 33.93 66.78
    A/P Turnover (Times) 4.63 5.16 6.32 6.52
    Avg. Payment Period (Days) 78.89 70.72 57.80 55.97
    Cash Cycle (Days) 30.96 26.08 44.11 67.01


    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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