Company Summary
EGCO ELECTRICITY GENERATING PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET50 / SETCLMV / SETTHSI
CG Report:   
 
  Data as of 16 Aug 2019  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
320.00 341.00 / 225.00 15.37 1.64 5,264.65 168,468.80 252,500.12 9,550.51 15.91
News
Date/Time Subject
13 Aug 2019 18:08   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2019
13 Aug 2019 18:06   Reviewed Quarter 2 and Consolidated F/S (F45-3)
13 Aug 2019 18:02   Financial Statement Quarter 2/2019 (Reviewed)
04 Jul 2019 17:01   Investment in Fuel Cell Project in South Korea
05 Jun 2019 17:00   Change in CFO / Chief Accounting
more

Company Profile
Address EGCO TOWER,222 MOO 5,VIBHAVADI RANGSIT ROAD, THUNGSONGHONG, LAK SI Bangkok 10210
Telephone 0-2998-5000, 0-2998-5999
Fax 0-2955-0956-9
URL http://www.egco.com
  Annual Report 2018
Establish Date 12/05/1992 Listed Date 16/01/1995
IPO Price (Baht) 22.00 @Par10.00 Baht
IPO Financial Advisory
  • JF THANAKOM SECURITIES CO., LTD.
  • TISCO BANK PUBLIC COMPANY LIMITED
  • Par 10.00 Baht
    Last Par Change N/A

    Business
    The Company operates as a holding company with its main business in 1) Operating power plants and supply electricity through independent power producer (IPP) and small power producers (SPP), 2) Providing operation, maintenance, engineering and construction services to power plants, petrochemical plants, oil refineries and other industries

    Free Float 11 Mar 2019 09 Mar 2018
    % /Shareholders
    50.01% 11,874 50.01% 11,479
    Foreign Shareholders 37.55% (As of 16/08/2019) Foreign Limit 44.81%
    NVDR Shareholders  12.17% (As of 16/08/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 2.56 4.90 4.68
    20 Days -3.61 4.95 2.09
    60 Days 14.70 16.09 13.52
    120 Days 20.30 22.86 20.71
    YTD 29.03 23.72 23.69
    P/E (X) 15.37 15.83 18.55
    P/BV (X) 1.64 1.65 1.81
    Turnover Ratio (%) 0.19 0.32 1.22

    Top 10 Major Shareholders(@11 Mar 2019) Share %
    1. การไฟฟ้าฝ่ายผลิตแห่งประเทศไทย 133,773,662 25.41
    2. TEPDIA Generating B.V. 126,054,178 23.94
    3. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 52,429,488 9.96
    4. STATE STREET EUROPE LIMITED 13,304,305 2.53
    5. สำนักงานประกันสังคม 12,529,500 2.38
    6. กองทุนเปิด บัวหลวงหุ้นระยะยาว 10,476,800 1.99
    7. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 9,160,979 1.74
    8. กองทุนเปิด บัวหลวงหุ้นระยะยาว 75/25 5,749,100 1.09
    9. นาย สุวรรณ ไอศุริยกรเทพ 3,870,000 0.74
    10. NORTRUST NOMINEES LTD-CL AC 3,582,239 0.68

    Management Position
    1. Mr. WITOON KULCHAROENWIRAT CHAIRMAN OF BOARD OF DIRECTORS
    2. Mr. JAKGRICH PIBULPAIROJ PRESIDENT / DIRECTOR
    3. Mr. SHUNICHI TANAKA DIRECTOR
    4. Mr. WISAK WATANASAP DIRECTOR
    5. Mr. NIKUL SILASUWAN DIRECTOR
    6. Mr. PATANA SANGSRIROUJANA DIRECTOR
    7. Mr. TOSHIRO KUDAMA DIRECTOR
    8. Mr. NAOKI TSUTSUMI DIRECTOR
    9. Mr. TOMOYUKI OCHIAI DIRECTOR
    10. Mrs. JARUWAN RUANGSWADIPONG INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    11. Mr. PAISAN MAHAPUNNAPORN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. Mr. ANYA KHANTHAVIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    13. Mrs. NUALNOI TREERAT INDEPENDENT DIRECTOR
    14. Mr. BORDIN RASSAMEETHES INDEPENDENT DIRECTOR
    15. Mr. PASU LOHARJUN INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    16 Aug 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 526.47  526.47  526.47 
    Market Cap (MB.) 168,468.80  130,563.32  113,716.44 
    Price (B./share) 320.00  248.00  216.00 
    BVPS (B./Share) 194.75  191.52  163.18 
    P/BV (X) 1.64  1.29  1.32 
    P/E (X) 15.37  5.54  10.48 
    Turnover Ratio (%) 36.39  46.99  27.61 
    Value Trade/Day (MB.) 366.06  233.99  128.71 
    Beta 0.42  0.72  0.60 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) 29.03  14.81  8.54 
    Dividend Yield (%) 2.97  2.82  3.01 
    Payout Ratio 0.46  0.21  0.32 
    Dividend Policy Approximately 40% of the consolidated net profit after tax (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jul 2018 - 31 Dec 2018 3.50 Baht 26 Apr 2019 Cash
    01 Jan 2018 - 30 Jun 2018 6.00 Baht 14 Sep 2018 Cash
    01 Jul 2017 - 31 Dec 2017 3.50 Baht 27 Apr 2018 Cash
    01 Jan 2017 - 30 Jun 2017 3.50 Baht 15 Sep 2017 Cash
    01 Jul 2016 - 31 Dec 2016 3.25 Baht 28 Apr 2017 Cash
    01 Jan 2016 - 30 Jun 2016 3.25 Baht 16 Sep 2016 Cash
     
    Auditor
    (Effective Until 31/12/2019)
    MR. VICHIEN KHINGMONTRI/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MS. AMORNRAT PEARMPOONVATANASUK/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. BOONRUENG LERDWISESWIT/PRICEWATERHOUSE COOPERS ABAS LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Cash 22,978.26 39,409.17 34,876.63 6,786.80 4,487.43
    A/R Net 6,029.08 4,902.47 5,795.89 5,012.96 3,758.48
    Inventories 2,467.22 2,625.42 3,004.17 2,521.73 2,300.42
    Current Assets 41,096.58 54,362.41 51,353.04 39,542.81 19,998.04
    PP&E Net 53,853.88 60,186.39 56,361.35 61,723.55 62,419.99
    Total Assets 209,538.48 212,359.96 206,427.81 200,332.54 197,254.50
    OD 68.98 209.70 121.36 1,150.00 -
    A/P Net 3,725.58 2,782.13 4,081.19 3,244.45 2,140.31
    Current portion of LT 13,524.61 5,397.62 27,225.63 9,782.92 7,973.86
    Current Liabilities 19,616.18 10,546.34 33,945.15 17,471.66 13,393.39
    Non-Current Liabilities 86,789.14 98,266.22 71,632.31 96,004.41 101,263.44
    Total Liabilities 106,405.32 108,812.57 105,577.46 113,476.07 114,656.83
    Authorized Capital 5,300.00 5,300.00 5,300.00 5,300.00 5,300.00
    Paid-Up Capital 5,264.65 5,264.65 5,264.65 5,264.65 5,264.65
    Premium (Discount) on Share Capital 8,601.30 8,601.30 8,601.30 8,601.30 8,601.30
    Other Surplus (Deficit) -171.32 -171.32 -171.32 153.95 4,165.37
    Retained Earnings (Deficit) 94,050.83 88,183.29 88,290.34 72,218.43 63,941.46
    Treasury Stock - - - - -
    Shareholders' Equity 102,528.90 102,936.59 100,239.38 86,238.33 81,972.78
    Minority Interest 604.26 610.81 610.97 618.15 624.89
    more
    Statement of Comprehensive Income (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Sales 19,408.34 16,591.27 35,522.20 30,017.96 22,794.42
    Other Income 1,390.97 15,252.33 17,224.55 2,268.21 2,065.39
    Total Revenues 24,372.75 35,192.19 58,235.16 38,058.71 30,921.90
    COGs 14,708.35 12,422.47 26,606.10 21,331.84 14,840.14
    SG&A 1,410.95 1,418.86 5,475.67 2,905.23 3,050.95
    Total Expenses 16,365.81 13,841.33 32,170.90 25,830.79 17,891.09
    EBITDA 9,550.51 22,905.67 29,229.48 15,093.04 15,410.74
    Depre. & Amor. 1,543.57 1,554.80 3,165.22 2,865.12 2,379.92
    EBIT 8,006.94 21,350.87 26,064.26 12,227.92 13,030.82
    Net Profit 7,697.47 17,807.06 21,072.88 11,818.28 8,320.80
    EPS (B.) 14.62 33.82 40.03 22.45 15.81
    more
    Statement of Cash Flow (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow 5,552.63 5,449.01 11,253.46 11,019.80 9,159.17
    Investing Cash Flow -17,031.25 33,014.06 31,588.54 -2,896.24 -17,046.79
    Financing Cash Flow 907.75 -7,578.49 -15,714.06 -5,167.39 3,696.06
    Net Cash Flow -10,570.87 30,884.57 27,127.93 2,956.17 -4,191.56
    more
    Annualized: ROE, ROA
    Ratios 6M/2019  6M/2018  2018  2017 
    Current Ratio (X) 2.10 5.15 1.51 2.26
    ROE (%) 10.67 24.60 22.60 14.05
    ROA (%) 6.03 13.14 12.82 6.15
    D/E (X) 1.04 1.06 1.05 1.32
    Total Asset Turnover (X) 0.22 0.27 0.29 0.19
    Gross Profit Margin (%) 24.22 25.13 25.10 28.94
    EBIT Margin (%) 32.85 60.67 44.76 32.13
    Net Profit Margin (%) 31.58 50.60 36.19 31.05

    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/2019  6M/2018  2018  2017 
    Sales Growth 16.98 23.48 18.34 31.69
    COGs Growth 18.40 29.04 24.72 43.74
    Total Revenue Growth -30.74 96.51 53.01 23.08
    Total Expense Growth 18.24 19.41 24.54 44.38
    Net Profit Growth -56.77 174.22 78.31 42.03

    Annualized
    Cash Cycle 6M/2019  6M/2018  2018  2017 
    A/R Turnover (Times) 7.01 7.30 6.57 6.84
    Avg. Collection Period (Days) 52.04 50.02 55.53 53.33
    Inventory Turnover (Times) 11.35 10.03 9.63 8.85
    Avg. Inventory Period (Days) 32.17 36.40 37.90 41.25
    A/P Turnover (Times) 8.88 8.87 7.26 7.92
    Avg. Payment Period (Days) 41.11 41.17 50.25 46.07
    Cash Cycle (Days) 43.10 45.25 43.19 48.51


    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
    The Information is provided for informative and educational purposes only.