Company Summary
CTW CHAROONG THAI WIRE & CABLE PUBLIC COMPANY LIMITED
Industrials/Industrial Materials & Machinery
SET
CG Report:   
 
  Data as of 29 Sep 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
5.40 6.50 / 3.14 12.64 0.50 1,989.53 2,148.69 2,446.24 115.51 8.82
News
Date/Time Subject
21 Aug 2020 13:19   To announce the Company's substitute holidays for 2020 Songkran Festival
19 Aug 2020 17:04   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2020 (Revised)
18 Aug 2020 17:37   To announce the connected transaction between CTW and its parent company (PEWC) (Revised)
14 Aug 2020 12:33   Financial Performance Quarter 2 (F45) (Reviewed)
14 Aug 2020 12:33   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2020
more

Company Profile
Address 589/71 Central City Tower, 12A Floor, Debaratana Road, Bangna-Nua Sub-district, Bangna District Bangkok 10260
Telephone 0-2745-6118-30
Fax 0-2745-6131-32
URL www.ctw.co.th
  Annual Report 2019
Establish Date 19/1/1967 Listed Date 26/09/1975
IPO Price (Baht) 140.00 @Par100.00 Baht
IPO Financial Advisory N/A
Par 5.00 Baht
Last Par Change Old 10.00 : New 5.00 @ 13/11/2001

Market/Industry/Sector Change
Effective Date 03/07/2006
Previous Market/Industry/Sector SET  / Technology / Electrical Products and Computer
Current Market/Industry/Sector SET  / Industrials / Industrial Materials & Machinery

Business
Manufacturer and distributor of aluminium cables, copper cables, high-voltage cables, telephones cables, fibre optic cables, enameled and non - enameled wires. The Company is also an original equipment manufacturer (OEM) which manufactures products for customers.

Free Float 03 Apr 2020 28 Mar 2019
% /Shareholders
26.81% 2,024 27.32% 2,169
Foreign Shareholders 41.48% (As of 29/09/2020) Foreign Limit 49.00%
NVDR Shareholders  0.51% (As of 29/09/2020)
5 Yr Price Performance (Adjusted Price)
Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
5 Days -2.70 -5.86 -1.91
20 Days 4.85 3.50 10.36
60 Days 9.76 10.19 16.08
120 Days 31.07 12.74 14.64
YTD - 2.91 25.65
P/E (X) 12.64 51.79 21.57
P/BV (X) 0.50 2.81 1.42
Turnover Ratio (%) N/A 0.08 0.74

Top 10 Major Shareholders(@03 Apr 2020) Share %
1. SINGVALE PTE LTD 86,999,500 21.86
2. บริษัท อิตาเลียนไทย ดีเวล๊อปเมนต์ จำกัด (มหาชน) 51,327,115 12.90
3. TRIGENT INVESTMENT HOLDINGS LIMITED 49,568,514 12.46
4. บริษัท พีอีดับเบิลยูซี (ประเทศไทย) จำกัด 36,206,398 9.10
5. บริษัท กรุงเทพประกันภัย จำกัด (มหาชน) 28,656,524 7.20
6. บริษัท เอพีดับเบิลยูซี (ประเทศไทย) จำกัด 20,186,272 5.07
7. CHINA TONGHAI SECURITIES LIMITED - ACCOUNT CLIENT 10,000,000 2.51
8. MR. SI LOK MARK LEE 3,500,000 0.88
9. บริษัท สยามผลิตภัณฑ์คอนกรีตและอิฐ จำกัด 3,188,686 0.80
10. นาย สุพจน์ เรืองเดชวรชัย 2,976,000 0.75

Management Position
1. Mr. CHAI SOPHONPANICH CHAIRMAN OF THE BOARD OF DIRECTORS
2. Mr. PREMCHAI KARNASUTA VICE CHAIRMAN
3. Mr. TAO-HENG SUN MANAGING DIRECTOR / DIRECTOR
4. Mrs. SUNUNTHA PHAENGSOOK DIRECTOR
5. Mrs. NIJAPORN CHARANACHITTA DIRECTOR
6. Mr. KASEM KULARBKEO DIRECTOR
7. Mr. CHENG CHOW-CHUN DIRECTOR
8. Mr. YUAN CHUN-TANG DIRECTOR
9. Mr. SAI WAH SIMON SUEN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
10. MR. PORNWUT SARASIN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
11. Mr. STEVEN SUEY KU INDEPENDENT DIRECTOR / AUDIT COMMITTEE
12. Mr. SURACHAI SIRIVALLOP INDEPENDENT DIRECTOR
Accumulated: Turnover Ratio, Value Trade/Day
Statistics YTD
29 Sep 2020		 2019
30 Dec 2019		 2018
28 Dec 2018
Listed share (M.) 397.91  397.91  397.91 
Market Cap (MB.) 2,148.69  2,148.69  3,183.25 
Price (B./share) 5.40  5.40  8.00 
BVPS (B./Share) 10.75  10.57  10.89 
P/BV (X) 0.50  0.51  0.73 
P/E (X) 12.64  30.79  11.09 
Turnover Ratio (%) 4.07  3.58  9.88 
Value Trade/Day (MB.) 0.48  0.44  1.50 
Beta 0.37  0.77  0.58 
 
Rate of Return YTD  2019  2018 
Price Change (%) 0.00  -32.50  -25.23 
Dividend Yield (%) 3.70  8.33  4.38 
Payout Ratio 0.47  2.57  0.49 
Dividend Policy No less than 25% of net profit as shown in the Company's separate financial statements as of the end of the year (with additional conditions)

Dividend
Operation Period Dividend/Share Unit Payment Date Type
01 Jan 2019 - 31 Dec 2019 0.20 Baht 15 May 2020 Cash
01 Jan 2018 - 31 Dec 2018 0.45 Baht 15 May 2019 Cash
01 Jan 2017 - 31 Dec 2017 0.35 Baht 15 May 2018 Cash
 
Auditor
(Effective Until 31/12/2020)
MR. SUPACHAI PHANYAWATTANO/EY OFFICE LIMITED
Mr. NATTHAWUT SANTIPET/EY OFFICE LIMITED
MiSS KRONGKAEW LIMKITTIKUL/EY OFFICE LIMITED
F/S Year ended 31/12
Latest Type of Report Unqualified opinion
Financial Data
Statement of Financial Position (MB.) 6M/2020 
(01/01/20 
-30/06/20) 		 6M/2019 
(01/01/19 
-30/06/19) 		 2019 
(01/01/19 
-31/12/19) 		 2018 
(01/01/18 
-31/12/18) 		 2017 
(01/01/17 
-31/12/17) 
Cash 970.89 785.93 885.45 1,034.51 492.73
A/R Net 1,020.50 1,508.69 1,473.82 1,875.36 2,632.84
Inventories 1,778.85 1,972.50 1,562.34 1,633.54 1,880.16
Current Assets 4,044.65 4,353.52 3,955.21 4,705.14 5,065.84
PP&E Net 1,161.02 945.94 920.44 946.53 947.23
Total Assets 5,547.15 5,762.08 5,273.44 6,087.17 6,412.21
OD 79.49 84.97 53.50 113.84 150.43
A/P Net 553.08 478.98 384.09 524.20 499.17
Current portion of LT - - - - -
Current Liabilities 889.16 1,178.07 656.91 1,336.17 1,786.80
Non-Current Liabilities 355.88 329.15 348.63 290.55 269.01
Total Liabilities 1,245.04 1,507.23 1,005.54 1,626.71 2,055.81
Authorized Capital 1,989.53 1,989.53 1,989.53 1,989.53 1,989.53
Paid-Up Capital 1,989.53 1,989.53 1,989.53 1,989.53 1,989.53
Premium (Discount) on Share Capital 1,131.08 1,119.08 1,105.93 1,105.93 1,119.08
Other Surplus (Deficit) - - 13.15 13.15 -
Retained Earnings (Deficit) 1,126.51 1,072.08 1,127.80 1,266.06 1,128.14
Treasury Stock - - - - -
Shareholders' Equity 4,278.72 4,171.23 4,237.48 4,370.19 4,238.58
Minority Interest 23.39 83.63 30.42 90.26 117.83
more
Statement of Comprehensive Income (MB.) 6M/2020 
(01/01/20 
-30/06/20) 		 6M/2019 
(01/01/19 
-30/06/19) 		 2019 
(01/01/19 
-31/12/19) 		 2018 
(01/01/18 
-31/12/18) 		 2017 
(01/01/17 
-31/12/17) 
Sales 2,069.49 2,939.11 5,960.72 7,960.09 7,902.40
Other Income 5.03 39.63 96.66 58.95 92.44
Total Revenues 2,074.51 2,978.74 6,057.66 8,019.04 7,994.84
COGs 1,878.69 2,835.81 5,597.42 7,223.87 7,234.62
SG&A 130.78 150.83 339.72 362.51 364.74
Total Expenses 2,005.31 2,986.80 5,950.96 7,647.82 7,633.10
EBITDA 115.51 39.88 201.68 470.83 471.47
Depre. & Amor. 46.30 47.94 94.99 99.61 109.73
EBIT 69.21 -8.06 106.70 371.22 361.74
Net Profit 77.79 -14.93 77.24 287.49 280.99
EPS (B.) 0.20 -0.04 0.19 0.72 0.71
more
Statement of Cash Flow (MB.) 6M/2020 
(01/01/20 
-30/06/20) 		 6M/2019 
(01/01/19 
-30/06/19) 		 2019 
(01/01/19 
-31/12/19) 		 2018 
(01/01/18 
-31/12/18) 		 2017 
(01/01/17 
-31/12/17) 
Operating Cash Flow 451.19 -35.90 476.77 1,385.79 -751.80
Investing Cash Flow -347.71 47.21 66.48 -213.60 214.11
Financing Cash Flow -18.63 -255.81 -687.67 -623.59 389.27
Net Cash Flow 84.84 -244.51 -144.42 548.61 -148.42
more
Annualized: ROE, ROA
Ratios 6M/2020  6M/2019  2019  2018 
Current Ratio (X) 4.55 3.70 6.02 3.52
ROE (%) 4.02 2.26 1.79 6.68
ROA (%) 3.25 2.15 1.88 5.94
D/E (X) 0.29 0.36 0.24 0.37
Total Asset Turnover (X) 0.91 1.21 1.07 1.28
Gross Profit Margin (%) 9.22 3.51 6.09 9.25
EBIT Margin (%) 3.34 -0.27 1.76 4.63
Net Profit Margin (%) 3.75 -0.50 1.28 3.59

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 (%) 6M/2020  6M/2019  2019  2018 
Sales Growth -29.59 -21.15 -25.12 0.73
COGs Growth -33.75 -16.42 -22.51 -0.15
Total Revenue Growth -30.36 -20.66 -24.46 0.30
Total Expense Growth -32.86 -15.15 -22.19 0.19
Net Profit Growth N/A N/A -73.13 2.31

Annualized
Cash Cycle 6M/2020  6M/2019  2019  2018 
A/R Turnover (Times) 4.03 4.02 3.56 3.53
Avg. Collection Period (Days) 90.66 90.79 102.54 103.36
Inventory Turnover (Times) 2.47 3.41 3.50 4.11
Avg. Inventory Period (Days) 147.54 106.92 104.20 88.77
A/P Turnover (Times) 8.99 13.64 12.33 14.12
Avg. Payment Period (Days) 40.59 26.76 29.61 25.85
Cash Cycle (Days) 197.61 170.95 177.13 166.27


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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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