Company Summary
CM CHIANGMAI FROZEN FOODS PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
SET
CG Report:   
 
  Data as of 17 Jan 2022  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
2.84 3.52 / 2.54 N/A 0.83 381.15 1,082.45 1,267.57 38.76 26.91
News
Date/Time Subject
12 Nov 2021 08:15   Notification on the Board of Director's Meeting No. 6/2021 regarding the cancellation of investment project in Myanmar (Revised)
11 Nov 2021 20:36   Financial Statement Quarter 3/2021 (Reviewed) (Revised)
11 Nov 2021 08:39   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2021
11 Nov 2021 08:39   Financial Performance Quarter 3 (F45) (Reviewed)
11 Nov 2021 08:39   Financial Statement Quarter 3/2021 (Reviewed)
more

Company Profile
Address 149/34 FLOOR 3-4 SOI ANGLO PLAZA, SURAWONG ROAD, SURIYAWONGSE BANG RAK Bangkok 10500
Telephone 0-2238-4091, 0-2235-9934, 0-2634-0061-4
Fax 0-2238-4090
URL www.cmfrozen.com
  Annual Report 2020
Establish Date 03/11/1988 Listed Date 25/01/1993
IPO Price (Baht) 40.00 @Par10.00 Baht
IPO Financial Advisory
  • CAPITAL NOMURA SECURITIES PCL.
  • UNION ASIA FINANCE PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 31/05/2005

    Market/Industry/Sector Change
    Effective Date 02/07/2015
    Previous Market/Industry/Sector SET  / Agro & Food Industry / Agribusiness
    Current Market/Industry/Sector SET  / Agro & Food Industry / Food & Beverage

    Business
    Manufacturer and Exporter of Frozen Vegetables Such as Frozen Green Beans, Frozen Soy Beans, Frozen Sweet Corns, Frozen Baby Corns and Frozen Mixed Vegetables

    Free Float 17 Mar 2021 07 Jul 2020
    % /Shareholders
    36.95% 2,406 36.95% 2,379
    Foreign Shareholders 23.00% (As of 17/01/2022) Foreign Limit 49.00%
    NVDR Shareholders  1.32% (As of 17/01/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 0.25 -1.18
    20 Days - -3.14 -2.10
    60 Days -3.40 -3.09 -5.62
    120 Days -6.58 -2.39 -12.29
    YTD - -1.68 -1.15
    P/E (X) N/A 47.61 21.06
    P/BV (X) 0.83 2.16 1.81
    Turnover Ratio (%) 0.04 1.33 1.50

    Top 10 Major Shareholders(@17 Mar 2021) Share %
    1. บริษัท เกษตรเหนือ จำกัด 162,458,988 42.62
    2. NOMURA SECURITIES CO LTD-CLIENT A/C 19,057,313 5.00
    3. นาย ประภาส พลพิพัฒนพงศ์ 9,102,800 2.39
    4. MISS CHANG, MIN-FANG 8,837,730 2.32
    5. MR. LAN, MU-CHIOU 8,717,682 2.29
    6. MR. MING-SHIH LAN 6,302,625 1.65
    7. MR. LAN, MU-CHIOU 6,000,000 1.57
    8. นาย วัชระ จันทร์เจริญกิจ 6,000,000 1.57
    9. MR. LAN, MING-TE 5,889,139 1.55
    10. MR. LIU, CHI-RONG 5,717,250 1.50

    Management Position
    1. Mr. PRAYOON PHOLPIPATTANAPHONG CHAIRMAN OF BOARD OF COMPANY
    2. Mr. PRAPAS PHOLPIPATTANAPHONG CHAIRMAN OF EXECUTIVE COMMITTEE / DIRECTOR
    3. Mr. ANKOON PHOLPIPATTANAPHONG MANAGING DIRECTOR / DIRECTOR
    4. Mr. LAN MU - CHIOU DIRECTOR
    5. Mr. AMNUAY YOSSUCK INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    6. Mr. AMPON RUAYFUPANT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. Mr. PHUSIT WONGLORSAICHON INDEPENDENT DIRECTOR
    8. Miss CHUTIMA TANGMATITHAM INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    17 Jan 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 381.15  381.15  381.15 
    Market Cap (MB.) 1,082.45  1,082.45  1,021.47 
    Price (B./share) 2.84  2.84  2.68 
    BVPS (B./Share) 3.44  3.44  3.63 
    P/BV (X) 0.83  0.83  0.74 
    P/E (X) N/A  N/A  89.13 
    Turnover Ratio (%) 0.24  29.70  21.95 
    Value Trade/Day (MB.) 0.26  1.44  1.03 
    Beta 0.65  0.55  0.53 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) 0.00  5.97  -2.19 
    Dividend Yield (%) N/A  N/A  2.24 
    Payout Ratio N/A  N/A  2.00 
    Dividend Policy At 60% of net profit

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2019 - 31 Dec 2019 0.06 Baht 08 May 2020 Cash
    01 Jan 2018 - 31 Dec 2018 0.11 Baht 09 May 2019 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MR. PRADIT RODLOYTUK/AST MASTER CO., LTD.
    MISS NONGRAM LAOHAAREEDILOK/AST MASTER CO., LTD.
    MRS. PORNTIP LERTTHANONGSAK/AST MASTER CO., LTD.
    Ms. SUNANTA KAMSUK/AST MASTER CO., LTD.
    MS. CHAMAPORN RODLOYTUK/AST MASTER CO., LTD.
    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/2021 
    (01/01/21 
    -30/09/21) 
    9M/2020 
    (01/01/20 
    -30/09/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Company Company Company Company
    Cash And Cash Equivalents 211.41 120.80 147.61 180.33 122.35
    A/R Net 93.26 102.18 100.21 126.99 147.54
    Inventories 528.13 503.35 461.11 499.86 613.17
    Current Assets 874.63 977.45 982.06 1,011.99 1,073.17
    PP&E Net 731.40 429.67 455.56 425.48 379.02
    Non-Current Assets 831.92 550.93 535.59 537.28 485.83
    Total Assets 1,706.55 1,528.38 1,517.64 1,549.27 1,559.00
    OD - - - - -
    A/P Net 63.26 58.63 74.32 54.73 70.57
    Current portion of LT 3.34 - - - -
    Current Liabilities 106.71 80.33 79.10 68.14 82.96
    Non-Current Liabilities 251.20 64.10 67.50 71.26 51.33
    Total Liabilities 357.91 144.43 146.61 139.40 134.29
    Authorized Capital 381.15 381.15 381.15 381.15 381.15
    Paid-Up Capital 381.15 381.15 381.15 381.15 381.15
    Premium (Discount) on Share Capital 68.00 68.00 68.00 68.00 68.00
    Retained Earnings (Deficit) 879.90 944.30 939.72 960.72 975.57
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -19.02 -9.50 -17.82 - -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 1,310.03 1,383.95 1,371.04 1,409.87 1,424.71
    Minority Interest 38.61 - - - -
    more
    Statement of Comprehensive Income (MB.) 9M/2021 
    (01/01/21 
    -30/09/21) 
    9M/2020 
    (01/01/20 
    -30/09/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Company Company Company Company
    Revenue From Operations 838.23 870.51 1,096.53 1,163.26 1,265.51
    Other Income 7.53 7.87 8.59 7.84 12.04
    Total Revenues 845.89 880.18 1,108.49 1,174.80 1,277.54
    Costs 747.67 750.57 949.01 1,021.76 1,018.94
    Selling And Administrative Expenses 121.02 105.96 133.36 150.91 162.55
    Total Cost And Expenses 876.30 856.53 1,082.37 1,172.67 1,181.48
    EBITDA 38.76 48.01 56.36 91.87 163.11
    Depre. & Amor. 69.72 44.65 55.47 49.88 43.70
    EBIT -30.96 3.36 0.89 41.99 119.40
    Net Profit : Owners Of The Parent -23.81 3.70 1.15 34.76 97.48
    EPS (B.) -0.06 0.01 0.00 0.09 0.26
    more
    Statement of Cash Flow (MB.) 9M/2021 
    (01/01/21 
    -30/09/21) 
    9M/2020 
    (01/01/20 
    -30/09/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Company Company Company Company
    Operating Cash Flow -43.73 60.31 122.94 206.66 -66.08
    Investing Cash Flow 146.69 -95.66 -131.05 -105.49 177.06
    Financing Cash Flow -39.16 -24.18 -24.61 -43.19 -115.38
    Net Cash Flow 63.80 -59.53 -32.72 57.98 -4.40
    more
    Annualized: ROE, ROA
    Ratios 9M/2021  9M/2020  2020  2019 
    Current Ratio (X) 8.20 12.17 12.42 14.85
    ROE (%) -1.96 0.82 0.08 2.45
    ROA (%) -2.07 0.87 0.06 2.70
    D/E (X) 0.27 0.10 0.11 0.10
    Total Asset Turnover (X) 0.66 0.75 0.72 0.76
    Gross Profit Margin (%) 10.80 13.78 13.45 12.16
    EBIT Margin (%) -3.66 0.38 0.08 3.57
    Net Profit Margin (%) -4.14 0.42 0.10 2.96

    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/2021  9M/2020  2020  2019 
    Sales Growth -3.71 -3.33 -5.74 -8.08
    COGs Growth -0.39 -4.77 -7.12 0.28
    Total Revenue Growth -3.90 -2.96 -5.64 -8.04
    Total Expense Growth 2.31 -5.37 -7.70 -0.75
    Net Profit Growth N/A -86.31 -96.70 -64.34

    Annualized
    Cash Cycle 9M/2021  9M/2020  2020  2019 
    A/R Turnover (Times) 10.89 9.27 9.65 8.47
    Avg. Collection Period (Days) 33.52 39.36 37.81 43.07
    Inventory Turnover (Times) 1.83 1.90 1.98 1.84
    Avg. Inventory Period (Days) 198.97 192.14 184.80 198.80
    A/P Turnover (Times) 15.52 17.61 14.71 16.31
    Avg. Payment Period (Days) 23.51 20.73 24.82 22.38
    Cash Cycle (Days) 208.97 210.78 197.80 219.49


    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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