Company Summary
GEL GENERAL ENGINEERING PUBLIC COMPANY LIMITED
Property & Construction/Construction Materials
SET
CG Report:   
 
  Data as of 14 Jun 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
0.42 0.53 / 0.16 N/A 0.54 4,588.20 2,267.11 4,802.42 32.30 76.74
News
Date/Time Subject
27 May 2021 17:49   Publication of the Minutes of the 2021 Annual General Meeting of Shareholders
17 May 2021 21:09   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2021
17 May 2021 21:08   Financial Statement Quarter 1/2021 (Reviewed)
17 May 2021 21:08   Financial Performance Quarter 1 (F45) (Reviewed)
13 May 2021 18:26   Shareholders meeting's resolution
more

Company Profile
Address 44/2 MOO 2, TIWANON ROAD, BANG KADI, AMPHOE MUANG Pathum Thani 12000
Telephone 0-2501-1055, 0-2501-2462-7, 0-2501-2020
Fax 0-2501-2134, 0-2501-2468
URL www.gel.co.th
  Annual Report 2020
Establish Date 14/9/1962 Listed Date 29/03/1991
IPO Price (Baht) 120.00 @Par10.00 Baht
IPO Financial Advisory N/A
Par 0.85 Baht
Last Par Change Old 30.00 : New 0.85 @ 26/09/2014

Market/Industry/Sector Change
Effective Date 09/10/2003
Previous Market/Industry/Sector SET  / - / Companies Under Rehabilitation
Current Market/Industry/Sector SET  / Property & Construction / Construction Materials

Business
The Company's core business is production of construction materials, Prestressed Concrete Piles, Post-Tensioned Flat Slab, Precast Concrete Wall, Glassfiber Reinforced Concrete (GRC), Non-Shrink Grout and Special Cement Products ?DENKA? Japan, Epoxy Product, Noise Barrier and Alpha Truss Slab

Free Float 22 Mar 2021 01 Jun 2020
% /Shareholders
82.50% 8,519 82.96% 8,595
Foreign Shareholders 2.70% (As of 14/06/2021) Foreign Limit 49.00%
NVDR Shareholders  0.62% (As of 14/06/2021)
5 Yr Price Performance (Adjusted Price)
Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
5 Days 5.00 6.08 3.68
20 Days 7.69 14.04 2.18
60 Days 27.27 10.88 22.22
120 Days 110.00 83.24 89.82
YTD 61.54 37.98 43.37
P/E (X) N/A 13.73 31.12
P/BV (X) 0.54 1.68 1.79
Turnover Ratio (%) 0.47 0.27 1.52

Top 10 Major Shareholders(@22 Mar 2021) Share %
1. MR. THITIPONG TANGPOONPHONVIVAT 942,658,400 17.46
2. MR. THAVEESAK SRIPRAJITTICHAI 269,000,000 4.98
3. MR. SITTICHAI LEESWADTRAKUL 249,722,100 4.63
4. นาย วีระศักดิ์ สุตัณฑวิบูลย์ 240,000,000 4.45
5. นาย ประสิทธิ์ วิตนากร 181,150,008 3.36
6. LGT BANK (SINGAPORE) LTD 145,118,900 2.69
7. MISS KANJANA WONGPAITOONPIYA 142,700,000 2.64
8. นาง ปราณี วงศ์ไพฑูรย์ปิยะ 123,500,000 2.29
9. นาย AKKARIN THANAKIJRUJIROJ 71,000,000 1.32
10. นาย ไพลักษณ์ วงศ์ไวศยวรรณ 68,857,400 1.28

Management Position
1. Mr. BORWORNSAK UWANNO CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
2. Mr. THITIPONG TANGPOONPHONVIVAT CHAIRMAN OF THE EXECUTIVE COMMITTEE / DIRECTOR
3. Mr. SOPHON PHOLPRASIT VICE CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
4. Mr. WUTTICHAI SRESTHABUTRA DIRECTOR
5. Mr. WIRACH MORAKOTKARN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
6. Mr. VICHYA KREA-NGAM INDEPENDENT DIRECTOR / AUDIT COMMITTEE
7. Mrs. PHANNEE JARUSOMBAT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
8. Mr. VIPOOTA TRAKULHOON INDEPENDENT DIRECTOR
Accumulated: Turnover Ratio, Value Trade/Day
Statistics YTD
14 Jun 2021
2020
30 Dec 2020
2019
30 Dec 2019
Listed share (M.) 5,397.88  5,397.88  5,397.88 
Market Cap (MB.) 2,267.11  1,403.45  809.68 
Price (B./share) 0.42  0.26  0.15 
BVPS (B./Share) 0.78  0.67  0.75 
P/BV (X) 0.54  0.39  0.20 
P/E (X) N/A  N/A  N/A 
Turnover Ratio (%) 53.00  26.81  16.66 
Value Trade/Day (MB.) 10.55  1.04  0.83 
Beta 0.97  0.84  0.97 
 
Rate of Return YTD  2020  2019 
Price Change (%) 61.54  73.33  -46.43 
Dividend Yield (%) N/A  N/A  N/A 
Payout Ratio N/A  N/A  N/A 
Dividend Policy Not exceeding 60 % of net profit after deduction income tax and appropriation for a legal reserve, and the company must not incur a deficit, not with standing, the payment must conform to the company?s cash flow and business expansion in the future

Dividend
Operation Period Dividend/Share Unit Payment Date Type
No Information Found
 
Auditor
(Effective Until 31/12/2021)
MR. THANAWUT PIBOONSAWAT/DHARMNITI AUDITING CO., LTD.
Miss POTJANARAT SIRIPIPAT/DHARMNITI AUDITING CO., LTD.
Miss ROONGNAPHA SAENGCHAN/DHARMNITI AUDITING CO., LTD.
Miss TECHINEE PORNPENPOB/DHARMNITI AUDITING CO., LTD.
F/S Year ended 31/12
Latest Type of Report Qualified opinion with an emphasis of matters
Financial Data
Statement of Financial Position (MB.) 3M/2021 
(01/01/21 
-31/03/21) 
3M/2020 
(01/01/20 
-31/03/20) 
2020 
(01/01/20 
-31/12/20) 
2019 
(01/01/19 
-31/12/19) 
2018 
(01/01/18 
-31/12/18) 
Cash And Cash Equivalents 32.00 6.70 17.21 10.22 38.43
A/R Net 384.55 - 405.26 359.77 -
Inventories 342.59 448.30 307.65 430.91 602.05
Current Assets 840.24 906.94 786.00 913.99 1,175.83
PP&E Net 3,152.29 2,912.24 3,129.37 2,924.10 2,929.89
Non-Current Assets 5,912.00 5,055.40 5,427.43 4,971.04 5,548.26
Total Assets 6,752.24 5,962.34 6,213.44 5,885.03 6,724.09
OD 601.37 614.17 603.11 593.53 292.74
A/P Net 694.07 524.62 614.97 456.10 -
Current portion of LT 181.51 185.92 142.57 190.51 193.50
Current Liabilities 1,699.11 1,422.02 1,558.83 1,316.10 1,225.43
Non-Current Liabilities 862.87 887.55 874.52 760.58 852.65
Total Liabilities 2,561.98 2,309.57 2,433.35 2,076.68 2,078.08
Authorized Capital 4,588.20 4,588.20 4,588.20 4,588.20 4,588.20
Paid-Up Capital 4,588.20 4,588.20 4,588.20 4,588.20 4,588.20
Premium (Discount) on Share Capital 71.13 71.13 71.13 71.13 71.13
Retained Earnings (Deficit) -476.98 -384.29 -457.60 -308.81 -32.52
Treasury Stock - - - - -
Shares Of The Company Held By Subsidiaries - - - - -
Other Components Of Equity 2.58 -637.94 -430.18 -562.24 -12.92
 - Surplus (Deficits) 49.18 49.18 49.18 49.18 49.18
Shareholders' Equity 4,184.92 3,637.10 3,771.55 3,788.27 4,613.88
Minority Interest 5.33 15.68 8.54 20.08 32.13
more
Statement of Comprehensive Income (MB.) 3M/2021 
(01/01/21 
-31/03/21) 
3M/2020 
(01/01/20 
-31/03/20) 
2020 
(01/01/20 
-31/12/20) 
2019 
(01/01/19 
-31/12/19) 
2018 
(01/01/18 
-31/12/18) 
Revenue From Operations 388.37 398.76 1,595.56 2,034.44 1,948.01
Other Income 3.18 6.36 17.94 32.95 28.15
Total Revenues 391.54 420.70 1,629.36 2,090.92 1,978.72
Costs 349.06 392.50 1,563.32 2,004.25 1,913.98
Selling And Administrative Expenses 56.33 51.34 168.18 243.50 193.27
Total Cost And Expenses 405.39 453.91 1,764.44 2,286.15 2,131.06
EBITDA 32.30 3.55 33.83 -106.28 -23.96
Depre. & Amor. 36.75 36.49 138.47 112.46 77.40
EBIT -4.45 -32.94 -104.63 -218.74 -101.36
Net Profit : Owners Of The Parent -20.09 -50.50 -144.75 -272.91 -149.60
EPS (B.) -0.00 -0.01 -0.03 -0.05 -0.03
more
Statement of Cash Flow (MB.) 3M/2021 
(01/01/21 
-31/03/21) 
3M/2020 
(01/01/20 
-31/03/20) 
2020 
(01/01/20 
-31/12/20) 
2019 
(01/01/19 
-31/12/19) 
2018 
(01/01/18 
-31/12/18) 
Operating Cash Flow 70.01 39.04 271.53 -102.85 -175.27
Investing Cash Flow -43.22 -12.97 -293.30 -50.20 -294.42
Financing Cash Flow -11.99 -29.56 28.93 124.81 478.37
Net Cash Flow 14.80 -3.49 7.16 -28.24 8.68
more
Annualized: ROE, ROA
Ratios 3M/2021  3M/2020  2020  2019 
Current Ratio (X) 0.49 0.64 0.50 0.69
ROE (%) -2.92 -7.47 -3.83 -6.50
ROA (%) -1.20 -3.83 -1.73 -3.47
D/E (X) 0.61 0.63 0.64 0.55
Total Asset Turnover (X) 0.25 0.30 0.27 0.33
Gross Profit Margin (%) 10.12 1.57 2.02 1.48
EBIT Margin (%) -1.14 -7.83 -6.42 -10.46
Net Profit Margin (%) -5.98 -13.05 -9.59 -13.63

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 (%) 3M/2021  3M/2020  2020  2019 
Sales Growth -2.61 -39.57 -21.57 4.44
COGs Growth -11.07 -36.17 -22.00 4.72
Total Revenue Growth -6.93 -36.97 -22.07 5.67
Total Expense Growth -10.69 -32.95 -22.82 7.28
Net Profit Growth N/A N/A N/A N/A

Annualized
Cash Cycle 3M/2021  3M/2020  2020  2019 
A/R Turnover (Times) 4.40 4.30 4.17 5.10
Avg. Collection Period (Days) 82.87 84.92 87.50 71.64
Inventory Turnover (Times) 3.84 3.57 4.23 3.88
Avg. Inventory Period (Days) 94.97 102.32 86.22 94.06
A/P Turnover (Times) 2.49 3.18 2.92 3.71
Avg. Payment Period (Days) 146.33 114.61 125.04 98.41
Cash Cycle (Days) 31.50 72.64 48.69 67.29


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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