Company Summary
ECF EAST COAST FURNITECH PUBLIC COMPANY LIMITED
Consumer Products/
mai
CG Report:   
 
  Data as of 03 Dec 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
1.76 2.40 / 1.30 42.75 1.30 239.87 1,688.70 4,003.18 167.95 17.93
News
Date/Time Subject
23 Nov 2021 17:01   Announcement of Public Holidays for the Calendar Year 2022
23 Nov 2021 12:59   Announcement of Public Holidays for the Calendar Year 2022
22 Nov 2021 17:16   Report on the results of the Exercise of ECF-W4 (F53-5)
11 Nov 2021 18:21   Financial Performance Quarter 3 (F45) (Reviewed)
11 Nov 2021 18:21   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2021
more

Company Profile
Address 37/9 Moo 10 Banbueng - Klaeng Road, Tambon Tang-Kwiang, Klaeng District Rayong 21110
Telephone 0-3867-1361, 0-3888-6372-4
Fax 0-3888-6375
URL www.eastcoast.co.th
  Annual Report 2020
Establish Date 1992 Listed Date 26/03/2013
IPO Price (Baht) 1.20 @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  / Consumer Products / Consumer Products

    Business
    East Coast Furnitech Public Company Limited is a manufacturer and distributor of furniture made of particle board and rubber wood, foil paper, dried rubber wood for using as raw materials for manufacturing furnitures, distributor of rubber wood furniture manufactured by ECF or from other domestic and oversea manufacturers and cutting the edge of wood (PVC) for purpose of manufacturing particle board furnitures. Moreover the Company has established one of subsidiary in order to operate the renewable energy business.

    Free Float 19 Mar 2021 04 Jun 2020
    % /Shareholders
    49.74% 4,668 49.71% 4,091
    Foreign Shareholders 0.00% (As of 03/12/2021) Foreign Limit 49.00%
    NVDR Shareholders  2.66% (As of 03/12/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -3.30 -0.35 -2.44
    20 Days -0.56 3.58 -5.04
    60 Days -1.12 9.54 -7.09
    120 Days -17.76 -19.53 -27.91
    YTD 32.33 -15.88 -20.55
    P/E (X) 42.75 20.28 56.22
    P/BV (X) 1.30 4.11 3.27
    Turnover Ratio (%) 0.79 0.38 0.87

    Top 10 Major Shareholders(@21 May 2021) Share %
    1. นาย อารักษ์ สุขสวัสดิ์ 151,637,750 15.80
    2. นาย ชาลี สุขสวัสดิ์ 149,982,750 15.63
    3. น.ส. ทิพวรรณ สุขสวัสดิ์ 149,560,550 15.59
    4. บริษัท Thai NVDR Company Limited 39,228,878 4.09
    5. MRS. PIKUL PANICH 25,000,000 2.61
    6. นาย WALLOP SUKSAWAT 23,538,800 2.45
    7. MRS. KANOKWAN KWANGTHONG 9,740,600 1.02
    8. นาง WASSANA VIRIYATORNPHAN 9,384,500 0.98
    9. MRS. KUNTHONG UDOMMAHUNTISUK 8,000,000 0.83
    10. น.ส. ทัศนีย์ วงษ์จิราษฎร์ 7,204,000 0.75

    Management Position
    1. GEN. TERDSAK MARROME CHAIRMAN / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    2. Mr. WALLOP SUKSAWAD CHAIRMAN OF THE EXECUTIVE COMMITTEE / DIRECTOR
    3. Mr. CHALEE SUKSAWAD VICE PRESIDENT OF THE BOARD COMMITTEE
    4. Mr. ARAK SUKSAWAD MANAGING DIRECTOR / DIRECTOR
    5. Mr. MONTREE SOCATIYANURAK INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    6. Mr. SONGKLOD JARUSOMBUTI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. Mr. EKARIN VASANASONG INDEPENDENT DIRECTOR
    8. Mr. PAIBOON AROONPRASOBSUK INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    03 Dec 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 959.49  959.49  959.49 
    Market Cap (MB.) 1,688.70  1,276.12  1,170.57 
    Price (B./share) 1.76  1.33  1.22 
    BVPS (B./Share) 1.35  1.30  1.48 
    P/BV (X) 1.30  1.02  0.83 
    P/E (X) 42.75  22.70  34.94 
    Turnover Ratio (%) 350.52  271.52  76.21 
    Value Trade/Day (MB.) 26.94  13.65  6.89 
    Beta 1.28  0.97  0.47 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 32.33  9.02  -46.49 
    Dividend Yield (%) 0.71  1.26  2.48 
    Payout Ratio 0.30  0.28  0.87 
    Dividend Policy Not less than 40 percent of its net profit after corporation tax, financial statement and legal reserves (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 31 Dec 2020 0.0125 Baht - Cash
    01 Jan 2019 - 31 Dec 2019 0.0167 Baht 22 May 2020 Cash
    01 Jan 2018 - 31 Dec 2018 0.03023 Baht 21 May 2019 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MR. PISIT CHIWARUANGROCH/M.R. & ASSOCIATES CO., LTD.
    MR. METHEE RATANASRIMETHA/M.R. & ASSOCIATES CO., LTD.
    MR. AKADET PLIENSAKUL/M.R. & ASSOCIATES CO., LTD.
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    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 Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 26.44 49.72 187.14 84.06 132.36
    A/R Net 435.44 323.19 342.39 324.06 352.00
    Inventories 1,363.26 1,391.32 1,370.21 1,379.37 1,172.21
    Current Assets 1,980.07 2,119.25 2,035.77 1,837.49 1,872.72
    PP&E Net 556.69 463.73 521.51 481.89 459.40
    Non-Current Assets 1,655.83 1,392.99 1,508.96 1,753.49 1,522.81
    Total Assets 3,635.91 3,512.24 3,544.72 3,590.97 3,395.53
    OD 679.43 629.98 601.83 522.48 490.84
    A/P Net 184.80 342.17 302.61 261.28 304.64
    Current portion of LT 656.66 417.96 419.40 633.32 18.34
    Current Liabilities 1,901.03 1,634.35 1,673.05 1,676.02 1,181.25
    Non-Current Liabilities 417.89 620.93 631.89 460.54 766.96
    Total Liabilities 2,318.92 2,255.29 2,304.94 2,136.56 1,948.21
    Authorized Capital 287.85 299.16 299.16 312.46 354.14
    Paid-Up Capital 239.87 239.87 239.87 239.87 239.85
    Premium (Discount) on Share Capital 768.34 768.34 768.34 768.34 768.12
    Retained Earnings (Deficit) 481.97 455.83 459.79 434.65 395.05
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -195.20 -218.62 -235.50 -8.83 22.92
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 1,294.98 1,245.43 1,232.50 1,434.04 1,425.94
    Minority Interest 22.00 11.52 7.28 20.37 21.38
    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 Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 1,118.69 972.04 1,384.49 1,254.18 1,454.57
    Other Income 22.89 13.22 16.75 36.37 48.96
    Total Revenues 1,147.21 990.82 1,408.90 1,290.56 1,503.53
    Costs 889.17 748.67 1,077.23 884.73 1,014.99
    Selling And Administrative Expenses 145.71 144.04 195.84 259.64 345.43
    Total Cost And Expenses 1,046.60 910.84 1,291.20 1,144.37 1,360.42
    EBITDA 167.95 167.05 222.41 231.76 220.80
    Depre. & Amor. 32.89 33.04 44.05 74.47 77.30
    EBIT 135.06 134.01 178.37 157.28 143.50
    Net Profit : Owners Of The Parent 35.54 37.20 41.16 40.29 33.76
    EPS (B.) 0.04 0.04 0.04 0.04 0.04
    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 Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 48.67 119.98 153.58 -58.89 -110.52
    Investing Cash Flow -164.69 -97.53 -4.49 -95.84 -355.64
    Financing Cash Flow -44.68 -56.79 -46.01 106.43 491.75
    Net Cash Flow -160.70 -34.34 103.08 -48.30 25.59
    more
    Annualized: ROE, ROA
    Ratios 9M/2021  9M/2020  2020  2019 
    Current Ratio (X) 1.04 1.30 1.22 1.10
    ROE (%) 3.11 4.23 3.09 2.82
    ROA (%) 5.02 5.05 5.00 4.50
    D/E (X) 1.76 1.79 1.86 1.47
    Total Asset Turnover (X) 0.44 0.35 0.39 0.37
    Gross Profit Margin (%) 20.52 22.98 22.19 29.46
    EBIT Margin (%) 11.77 13.53 12.66 12.19
    Net Profit Margin (%) 3.10 2.86 2.25 3.04

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    23 Apr 2018 PP 7,900,000 869,555,498 0.25
    08 Jan 2018 PP 300,000 830,307,452 0.25

    Growth Rate (%) 9M/2021  9M/2020  2020  2019 
    Sales Growth 15.09 -2.77 10.39 -13.78
    COGs Growth 18.77 7.58 21.76 -12.83
    Total Revenue Growth 15.78 -4.05 9.17 -14.16
    Total Expense Growth 14.90 -1.29 12.83 -15.88
    Net Profit Growth -4.46 74.98 2.17 19.33

    Annualized
    Cash Cycle 9M/2021  9M/2020  2020  2019 
    A/R Turnover (Times) 4.27 3.78 4.15 3.71
    Avg. Collection Period (Days) 85.42 96.53 87.85 98.38
    Inventory Turnover (Times) 0.88 0.69 0.78 0.69
    Avg. Inventory Period (Days) 412.83 527.73 465.82 526.33
    A/P Turnover (Times) 4.62 3.27 3.82 3.13
    Avg. Payment Period (Days) 78.98 111.66 95.53 116.74
    Cash Cycle (Days) 419.27 512.60 458.14 507.98


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    No Information Found

    Market Alert (Latest)
    Cash Balance 19 Apr 2021 - 28 May 2021
    more

    Only Preferred Share and Warrants
    Other Securities
    Securities Name ECF-W4, ECF-W4-R

    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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