Company Summary
CM CHIANGMAI FROZEN FOODS PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
SET
CG Report:   
 
  Data as of 18 Jan 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
2.86 3.54 / 1.54 95.12 0.79 381.15 1,090.08 1,113.71 48.01 15.43
News
Date/Time Subject
11 Nov 2020 20:13   Financial Statement Quarter 3/2020 (Reviewed)
11 Nov 2020 20:13   Financial Performance Quarter 3 (F45) (Reviewed)
11 Nov 2020 20:13   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
02 Oct 2020 13:01   Invitation to Propose Agenda on the Meeting and the nomination of the Independent Director Year 2021
18 Aug 2020 12:40   Posting Minutes of the Annual General Meeting of the Shareholders for the Year 2020 on the Company's website
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 2019
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 07 Jul 2020 13 Mar 2019
    % /Shareholders
    36.95% 2,379 36.19% 2,794
    Foreign Shareholders 22.98% (As of 18/01/2021) Foreign Limit 49.00%
    NVDR Shareholders  1.32% (As of 18/01/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 5.15 1.37 6.98
    20 Days 4.38 1.62 2.46
    60 Days 8.33 -3.08 -11.50
    120 Days -9.49 -11.94 -18.52
    YTD 6.72 0.01 2.42
    P/E (X) 95.12 26.54 30.15
    P/BV (X) 0.79 2.08 1.71
    Turnover Ratio (%) 0.03 0.63 1.18

    Top 10 Major Shareholders(@07 Jul 2020) 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 WATCHARA CHUNCHAROENKIT 9,500,000 2.49
    4. นาย ประภาส พลพิพัฒนพงศ์ 9,102,800 2.39
    5. MISS CHANG, MIN-FANG 8,837,730 2.32
    6. MR. LAN, MU-CHIOU 8,717,682 2.29
    7. MR. MING-SHIH LAN 6,302,625 1.65
    8. MR. LAN, MU-CHIOU 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
    18 Jan 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 381.15  381.15  381.15 
    Market Cap (MB.) 1,090.08  1,021.47  1,044.34 
    Price (B./share) 2.86  2.68  2.74 
    BVPS (B./Share) 3.63  3.63  3.69 
    P/BV (X) 0.79  0.74  0.74 
    P/E (X) 95.12  89.13  27.98 
    Turnover Ratio (%) 0.77  21.95  8.24 
    Value Trade/Day (MB.) 0.75  1.03  0.44 
    Beta 0.51  0.53  0.13 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 6.72  -2.19  -30.46 
    Dividend Yield (%) 2.10  2.24  7.66 
    Payout Ratio 2.00  2.00  1.12 
    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
    01 Jan 2018 - 30 Jun 2018 0.10 Baht 08 Nov 2018 Cash
    01 Jan 2017 - 31 Dec 2017 0.20 Baht 14 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MR. PRADIT RODLOYTUK/AST MASTER CO., LTD.
    MISS NONGRAM LAOHAAREEDILOK/AST MASTER CO., LTD.
    MRS. PORNTIP LERTTHANONGSAK/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/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Cash 120.80 119.62 180.33 122.35 126.74
    A/R Net 91.31 129.89 109.32 139.48 124.26
    Inventories 503.35 532.85 499.86 613.18 433.56
    Current Assets 977.45 1,018.86 1,011.99 1,073.17 1,114.76
    PP&E Net 429.67 410.28 425.48 379.02 352.72
    Total Assets 1,528.38 1,539.04 1,549.27 1,559.00 1,575.69
    OD - - - - -
    A/P Net 58.63 53.14 54.73 70.57 66.66
    Current portion of LT 1.37 1.55 1.58 0.96 0.84
    Current Liabilities 80.33 64.63 68.14 82.96 82.97
    Non-Current Liabilities 64.10 67.07 71.26 51.33 48.94
    Total Liabilities 144.43 131.70 139.40 134.29 131.91
    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
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 944.30 958.19 960.72 975.57 994.64
    Treasury Stock - - - - -
    Shareholders' Equity 1,383.95 1,407.34 1,409.87 1,424.71 1,443.79
    Minority Interest - - - - -
    more
    Statement of Comprehensive Income (MB.) 9M/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Sales 870.51 900.54 1,163.26 1,265.51 1,357.89
    Other Income 10.55 36.54 51.41 35.38 49.82
    Total Revenues 881.07 937.08 1,214.66 1,300.89 1,407.71
    COGs 750.57 788.12 1,021.76 1,018.94 1,034.56
    SG&A 105.96 117.02 150.91 162.55 175.07
    Total Expenses 877.71 905.14 1,172.67 1,181.48 1,209.63
    EBITDA 48.01 67.69 91.87 163.11 241.90
    Depre. & Amor. 44.65 35.75 49.88 43.70 43.82
    EBIT 3.36 31.94 41.99 119.40 198.08
    Net Profit 3.70 27.00 34.76 97.48 160.41
    EPS (B.) 0.01 0.07 0.09 0.26 0.42
    more
    Statement of Cash Flow (MB.) 9M/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 60.31 137.11 206.66 -66.08 80.76
    Investing Cash Flow -95.66 -96.81 -105.49 177.06 -172.74
    Financing Cash Flow -24.18 -43.03 -43.19 -115.38 -186.42
    Net Cash Flow -59.53 -2.73 57.98 -4.40 -278.39
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 12.17 15.77 14.85 12.94
    ROE (%) 0.82 2.61 2.45 6.80
    ROA (%) 0.87 2.82 2.70 7.62
    D/E (X) 0.10 0.09 0.10 0.09
    Total Asset Turnover (X) 0.76 0.80 0.78 0.83
    Gross Profit Margin (%) 13.78 12.48 12.16 19.48
    EBIT Margin (%) 0.38 3.41 3.46 9.18
    Net Profit Margin (%) 0.42 2.88 2.86 7.49

    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/2020  9M/2019  2019  2018 
    Sales Growth -3.33 -4.51 -8.08 -6.80
    COGs Growth -4.77 4.10 0.28 -1.51
    Total Revenue Growth -5.98 -4.72 -6.63 -7.59
    Total Expense Growth -3.03 3.28 -0.75 -2.33
    Net Profit Growth -86.31 -69.02 -64.34 -39.23

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 10.25 8.97 9.35 9.60
    Avg. Collection Period (Days) 35.62 40.68 39.03 38.03
    Inventory Turnover (Times) 1.90 1.77 1.84 1.95
    Avg. Inventory Period (Days) 192.14 206.23 198.80 187.48
    A/P Turnover (Times) 17.61 15.86 16.31 14.85
    Avg. Payment Period (Days) 20.73 23.01 22.38 24.58
    Cash Cycle (Days) 207.04 223.89 215.46 200.93


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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 -

    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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