Company Summary
GLOW GLOW ENERGY PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET50 / SETHD / SETCLMV / SETTHSI
CG Report:   
 
  Data as of 12 Nov 2018  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
86.25 95.00 / 80.50 14.41 2.78 14,628.65 126,172.11 177,380.54 8,796.08 10.05
News
Date/Time Subject
30 Oct 2018 13:05   Unreviewed Quarter 3 and Consolidated F/S (F45-3)
30 Oct 2018 13:05   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2018
30 Oct 2018 13:04   Financial Statement Quarter 3/2018 (Unreviewed/Unaudited)
11 Oct 2018 17:44   ERC's decision on the Sale of GLOW Shares by Major Shareholders
11 Oct 2018 14:17   SET requires investors to study information on conditions precedent under share purchase agreement of GLOW
more

Company Profile
Address 38TH FLOOR, EMPIRE TOWER ? PARK WING, N0. 1 SOUTH SATHORN ROAD, YANNAWA, SATHORN Bangkok 10120
Telephone 0-2670-1500-33
Fax 0-2670-1548-9
URL www.glow.co.th
  Annual Report 2017
Establish Date 10/1993 Listed Date 21/04/2005
IPO Price (Baht) 24.00 @Par10.00 Baht
IPO Financial Advisory
  • PHATRA SECURITIES PUBLIC COMPANY LIMITED
  • Par 10.00 Baht
    Last Par Change N/A

    Business
    The Company operates as an independent power producer (IPP) business with cogeneration facilities. The cogeneration business sell electricity to EGAT under the small power producer (SPP) program, as well as electricity, steam, clarified and demineralized water to industrial customers in the Map Ta Phut Industrial Estate and nearby, Rayong.

    Free Float 07 Mar 2018 24 Mar 2017
    % /Shareholders
    30.89% 7,417 30.89% 8,964
    Foreign Shareholders 25.58% (As of 12/11/2018) Foreign Limit 100.00%
    NVDR Shareholders  6.56% (As of 12/11/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -0.29 0.45 0.66
    20 Days 2.99 7.12 5.56
    60 Days -8.00 -6.08 -5.16
    120 Days 0.88 8.47 7.65
    YTD 6.15 4.05 12.50
    P/E (X) 14.41 12.11 15.97
    P/BV (X) 2.78 1.70 1.89
    Turnover Ratio (%) 0.04 0.30 0.54

    Top 10 Major Shareholders(@09 Jul 2018) Share %
    1. บริษัท เอ็นจี โฮลดิ้ง (ประเทศไทย) จำกัด 792,279,773 54.16
    2. ENGIE GLOBAL DEVELOPMENTS B.V. 218,696,260 14.95
    3. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 110,053,082 7.52
    4. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 52,943,525 3.62
    5. STATE STREET EUROPE LIMITED 32,396,975 2.21
    6. สำนักงานประกันสังคม 31,408,000 2.15
    7. นาย พิชัย นิธิวาสิน 13,999,000 0.96
    8. NORTRUST NOMINEES LTD-CL AC 10,148,900 0.69
    9. SOUTH EAST ASIA UK (TYPE A) NOMINEES LIMITED 8,042,029 0.55
    10. บริษัท บุญรอดบริวเวอรี่ จำกัด 8,000,000 0.55

    Management Position
    1. Mr. JAN FRANCISCUS MARIA FLACHET CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. BRENDAN G.H. WAUTERS CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. ANUT CHATIKAVANIJ DIRECTOR
    4. Mr. MARC J. Z. M. G. VERSTRAETE DIRECTOR
    5. Mrs. CSILLA KOHALMI-MONFILS DIRECTOR
    6. MR. PAUL MAGUIRE DIRECTOR
    7. MR. DEVARAJEN MOOROOVEN DIRECTOR
    8. Mrs. SUPAPUN RUTTANAPORN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. BORWORNSAK UWANNO INDEPENDENT DIRECTOR
    10. Mrs. SAOWANEE KAMOLBUTR INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. JUKR BOON-LONG INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    12 Nov 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 1,462.87  1,462.87  1,462.87 
    Market Cap (MB.) 126,172.11  118,857.78  115,566.34 
    Price (B./share) 86.25  81.25  79.00 
    BVPS (B./Share) 30.98  32.47  32.63 
    P/BV (X) 2.78  2.50  2.42 
    P/E (X) 14.41  14.25  11.98 
    Turnover Ratio (%) 36.77  29.40  21.32 
    Value Trade/Day (MB.) 224.75  144.65  105.46 
    Beta 0.43  0.81  0.79 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) 6.15  2.85  6.76 
    Dividend Yield (%) 6.67  7.08  7.28 
    Payout Ratio 0.96  1.01  0.87 
    Dividend Policy Not less than 50% of our income for each year, normalized by excluding unrealized foreign exchange gains and losses and after deduction of all specified reserves (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2018 - 31 Mar 2018 1.608 Baht 20 Jul 2018 Cash
    01 Jan 2017 - 31 Dec 2017 4.219 Baht 22 May 2018 Cash
    01 Jan 2017 - 30 Jun 2017 1.531 Baht 08 Sep 2017 Cash
    01 Jan 2016 - 31 Dec 2016 4.292 Baht 24 May 2017 Cash
    01 Jan 2016 - 30 Jun 2016 1.458 Baht 09 Sep 2016 Cash
    01 Jan 2015 - 31 Dec 2015 4.362 Baht 26 May 2016 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    MISS THANAWAN ANURATBODEE/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    MR. SUWATCHAI MEAKHAAMNOUYCHAI/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    MR. WONLOP VILAIVARAVIT/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    F/S Year ended 31/12
    Latest Type of Report -
    Financial Data
    Statement of Financial Position (MB.) 6M/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash 8,599.86 5,618.62 8,736.57 7,251.99 8,702.71
    A/R Net 8,224.84 8,456.16 7,215.11 8,267.11 9,701.86
    Inventories 5,716.90 5,469.21 5,832.03 5,472.91 4,727.03
    Current Assets 22,595.10 19,912.82 22,061.95 21,560.97 24,624.81
    PP&E Net 75,539.38 79,119.19 77,127.68 80,741.76 84,024.27
    Total Assets 105,131.53 106,589.79 106,030.89 110,075.95 117,168.66
    OD - - - - -
    A/P Net 5,847.89 4,308.77 6,132.26 4,759.33 5,501.38
    Current portion of LT 5,634.35 7,149.16 6,253.81 7,771.22 8,901.45
    Current Liabilities 15,823.26 13,694.07 14,421.71 15,043.00 16,822.29
    Non-Current Liabilities 34,794.62 37,069.31 33,600.60 38,261.87 44,388.02
    Total Liabilities 50,617.88 50,763.38 48,022.32 53,304.87 61,210.31
    Authorized Capital 14,828.65 14,828.65 14,828.65 14,828.65 14,828.65
    Paid-Up Capital 14,628.65 14,628.65 14,628.65 14,628.65 14,628.65
    Premium (Discount) on Share Capital 2,935.43 2,935.43 2,935.43 2,935.43 2,935.43
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 28,240.41 30,245.80 32,354.35 31,796.66 31,357.41
    Treasury Stock - - - - -
    Shareholders' Equity 45,323.24 47,353.52 49,420.01 48,971.28 48,537.68
    Minority Interest 9,190.42 8,472.90 8,588.57 7,799.80 7,420.66
    more
    Statement of Comprehensive Income (MB.) 6M/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Sales 25,739.87 24,801.97 50,311.19 51,901.87 63,431.38
    Other Income 504.49 1,347.04 2,226.13 1,190.26 1,937.95
    Total Revenues 26,244.35 26,149.01 52,537.32 53,092.13 65,369.33
    COGs 19,241.80 18,482.60 37,720.76 38,479.10 49,370.90
    SG&A 299.48 352.05 846.52 954.46 775.61
    Total Expenses 19,628.02 18,840.59 38,580.43 39,448.68 51,357.62
    EBITDA 8,796.08 9,535.69 18,398.19 18,007.16 18,328.85
    Depre. & Amor. 2,179.74 2,227.27 4,441.30 4,363.71 4,317.15
    EBIT 6,616.34 7,308.42 13,956.89 13,643.45 14,011.71
    Net Profit 4,410.18 4,727.76 9,075.95 8,953.13 8,355.42
    EPS (B.) 3.01 3.23 6.20 6.12 5.71
    more
    Statement of Cash Flow (MB.) 6M/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow 6,369.34 6,846.53 16,738.11 15,295.25 18,383.22
    Investing Cash Flow -466.37 -415.13 -786.95 -1,054.00 -2,598.92
    Financing Cash Flow -6,059.73 -8,077.30 -14,424.62 -15,688.76 -11,466.01
    Net Cash Flow -156.76 -1,645.91 1,526.54 -1,447.52 4,318.29
    more
    Annualized: ROE, ROA
    Ratios 6M/2018  6M/2017  2017  2016 
    Current Ratio (X) 1.43 1.45 1.53 1.43
    ROE (%) 18.90 17.17 18.45 18.36
    ROA (%) 12.53 11.57 12.92 12.01
    D/E (X) 1.12 1.07 0.97 1.09
    Total Asset Turnover (X) 0.50 0.47 0.49 0.47
    Gross Profit Margin (%) 25.25 25.48 25.03 25.86
    EBIT Margin (%) 25.21 27.95 26.57 25.70
    Net Profit Margin (%) 16.80 18.08 17.28 16.86

    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/2018  6M/2017  2017  2016 
    Sales Growth 3.78 -9.19 -3.06 -18.18
    COGs Growth 4.11 -5.37 -1.97 -22.06
    Total Revenue Growth 0.36 -7.03 -1.04 -18.78
    Total Expense Growth 4.18 -5.19 -2.20 -23.19
    Net Profit Growth -6.72 -14.44 1.37 7.15

    Annualized
    Cash Cycle 6M/2018  6M/2017  2017  2016 
    A/R Turnover (Times) 6.14 5.53 6.50 5.78
    Avg. Collection Period (Days) 59.40 66.01 56.16 63.18
    Inventory Turnover (Times) 6.88 7.10 6.67 7.54
    Avg. Inventory Period (Days) 53.05 51.39 54.70 48.38
    A/P Turnover (Times) 7.58 8.92 6.93 7.50
    Avg. Payment Period (Days) 48.17 40.91 52.70 48.66
    Cash Cycle (Days) 64.28 76.49 58.16 62.90


    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.