Company Summary
GLOW GLOW ENERGY PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET50 / SETCLMV / SETHD
CG Report:   
 
  Data as of 25 Apr 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
91.25 95.00 / 80.75 15.93 2.71 14,628.65 133,486.43 178,604.50 17,390.16 10.27
News
Date/Time Subject
23 Apr 2019 17:21   Resolutions of the 2019 Annual General Meeting of Shareholders
09 Apr 2019 18:39   Receiving of the Amendment to the Tender Offer for the Securities of Glow Energy Public Company Limited (Form 247-4)
05 Apr 2019 13:23   Submission of the Opinion of the Company on the Tender Offer (Form 250-2)
22 Mar 2019 14:18   Receiving of the Tender Offer for the securities of Glow Energy Public Company Limited (Form 247-4)
22 Mar 2019 13:28   Invitation to the 2019 Annual General Meeting of Shareholders (2019 AGM Invitation) posted on the Company's website
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 2018
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 is one of the largest private electricity generators and providers of industrial utilities in Thailand, operating its business as an Independent Power Producer (?IPP?), cogeneration facilities, and Small Power Producers (?SPP?) under Thailand?s SPP program. The Company's core business is to produce and supply electricity to EGAT and to produce and supply electricity, steam, processed water and chilled water to industrial customers in the Map Ta Phut Industrial Estate (?MIE?), nearby Industrial Estates and Siam Eastern Industrial Park (?SEIP?).

    Free Float 07 Mar 2018 24 Mar 2017
    % /Shareholders
    30.89% 7,417 30.89% 8,964
    Foreign Shareholders 27.21% (As of 25/04/2019) Foreign Limit 100.00%
    NVDR Shareholders  7.22% (As of 25/04/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -0.27 -1.40 -0.17
    20 Days 0.55 -4.57 -2.30
    60 Days -0.82 -5.35 -3.76
    120 Days 8.63 5.53 6.75
    YTD 2.53 -8.19 -4.18
    P/E (X) 15.93 14.72 17.50
    P/BV (X) 2.71 1.73 1.86
    Turnover Ratio (%) 0.11 0.19 0.48

    Top 10 Major Shareholders(@12 Mar 2019) 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 104,136,722 7.12
    4. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 48,992,872 3.35
    5. สำนักงานประกันสังคม 31,408,000 2.15
    6. STATE STREET EUROPE LIMITED 28,131,355 1.92
    7. นาย พิชัย นิธิวาสิน 20,103,100 1.37
    8. GOLDMAN SACHS INTERNATIONAL 12,977,068 0.89
    9. บริษัท ฮั่วกี่เปเปอร์ จำกัด 12,855,500 0.88
    10. บริษัท กรุงเทพประกันชีวิต จำกัด (มหาชน) 10,000,000 0.68

    Management Position
    1. Mr. PAYUNGSAK CHARTSUTIPOL CHAIRMAN
    2. Mr. BRENDAN G.H. WAUTERS CHIEF EXECUTIVE OFFICER
    3. Mr. PAJONGWIT PONGSIVAPAI CHIEF EXECUTIVE OFFICE
    4. Mr. CHEN NAMCHAISIRI VICE CHAIRMAN
    5. Mr. ANUT CHATIKAVANIJ DIRECTOR
    6. Mr. VEERASAK KOSITPAISAL DIRECTOR
    7. POL. GEN. AEK ANGSANANONT DIRECTOR
    8. Mr. CHAYUN TANTIVASADAKARN DIRECTOR
    9. Mr. CHAWALIT TIPPAWANICH DIRECTOR
    10. Mr. SOMKIAT MASUNTHASUWAN DIRECTOR
    11. Mr. BORWORNSAK UWANNO INDEPENDENT DIRECTOR
    12. Mrs. SAOWANEE KAMOLBUTR INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    13. Mr. JUKR BOON-LONG INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    14. Mrs. PATAREEYA BENJAPOLCHAI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    25 Apr 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 1,462.87  1,462.87  1,462.87 
    Market Cap (MB.) 133,486.43  130,194.99  118,857.78 
    Price (B./share) 91.25  89.00  81.25 
    BVPS (B./Share) 33.68  32.41  32.47 
    P/BV (X) 2.71  2.75  2.50 
    P/E (X) 15.93  15.39  14.25 
    Turnover Ratio (%) 9.69  40.84  29.40 
    Value Trade/Day (MB.) 164.94  216.60  144.65 
    Beta 0.38  0.39  0.81 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) 2.53  9.54  2.85 
    Dividend Yield (%) 3.05  6.46  7.08 
    Payout Ratio 1.02  1.01  1.01 
    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 31/12/2019)
    MS. AMORNRAT PEARMPOONVATANASUK/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. BOONRUENG LERDWISESWIT/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. PONGTHAVEE RATANAKOSES/PRICEWATERHOUSE COOPERS ABAS LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash 10,042.15 8,736.57 7,251.99 8,702.71
    A/R Net 7,968.20 7,215.11 8,267.11 9,701.86
    Inventories 6,399.44 5,832.03 5,472.91 4,727.03
    Current Assets 24,442.30 22,061.95 21,560.97 24,624.81
    PP&E Net 73,894.97 77,127.68 80,741.76 84,024.27
    Total Assets 104,428.06 106,030.89 110,075.95 117,168.66
    OD - - - -
    A/P Net 6,296.98 6,132.26 4,759.33 5,501.38
    Current portion of LT 4,826.59 6,253.81 7,771.22 8,901.45
    Current Liabilities 12,851.27 14,421.71 15,043.00 16,822.29
    Non-Current Liabilities 32,672.38 33,600.60 38,261.87 44,388.02
    Total Liabilities 45,523.65 48,022.32 53,304.87 61,210.31
    Authorized Capital 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
    Premium (Discount) on Share Capital 2,935.43 2,935.43 2,935.43 2,935.43
    Other Surplus (Deficit) - - - -
    Retained Earnings (Deficit) 32,209.46 32,354.35 31,796.66 31,357.41
    Treasury Stock - - - -
    Shareholders' Equity 49,267.84 49,420.01 48,971.28 48,537.68
    Minority Interest 9,636.57 8,588.57 7,799.80 7,420.66
    more
    Statement of Comprehensive Income (MB.) 2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Sales 52,686.93 50,311.19 51,901.87 63,431.38
    Other Income 1,226.46 2,226.13 1,190.26 1,937.95
    Total Revenues 53,913.39 52,537.32 53,092.13 65,369.33
    COGs 39,975.00 37,720.76 38,479.10 49,370.90
    SG&A 901.77 846.52 954.46 775.61
    Total Expenses 40,895.09 38,580.43 39,448.68 51,357.62
    EBITDA 17,390.16 18,398.19 18,007.16 18,328.85
    Depre. & Amor. 4,371.85 4,441.30 4,363.71 4,317.15
    EBIT 13,018.31 13,956.89 13,643.45 14,011.71
    Net Profit 8,379.23 9,075.95 8,953.13 8,355.42
    EPS (B.) 5.73 6.20 6.12 5.71
    more
    Statement of Cash Flow (MB.) 2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow 13,791.32 16,738.11 15,295.25 18,383.22
    Investing Cash Flow -1,201.07 -786.95 -1,054.00 -2,598.92
    Financing Cash Flow -11,281.65 -14,424.62 -15,688.76 -11,466.01
    Net Cash Flow 1,308.60 1,526.54 -1,447.52 4,318.29
    more
    Annualized: ROE, ROA
    Ratios 2018  2017  2016 
    Current Ratio (X) 1.90 1.53 1.43
    ROE (%) 16.98 18.45 18.36
    ROA (%) 12.37 12.92 12.01
    D/E (X) 0.92 0.97 1.09
    Total Asset Turnover (X) 0.51 0.49 0.47
    Gross Profit Margin (%) 24.13 25.03 25.86
    EBIT Margin (%) 24.15 26.57 25.70
    Net Profit Margin (%) 15.54 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 (%) 2018  2017  2016 
    Sales Growth 4.72 -3.06 -18.18
    COGs Growth 5.98 -1.97 -22.06
    Total Revenue Growth 2.62 -1.04 -18.78
    Total Expense Growth 6.00 -2.20 -23.19
    Net Profit Growth -7.68 1.37 7.15

    Annualized
    Cash Cycle 2018  2017  2016 
    A/R Turnover (Times) 6.94 6.50 5.78
    Avg. Collection Period (Days) 52.59 56.16 63.18
    Inventory Turnover (Times) 6.54 6.67 7.54
    Avg. Inventory Period (Days) 55.84 54.70 48.38
    A/P Turnover (Times) 6.43 6.93 7.50
    Avg. Payment Period (Days) 56.74 52.70 48.66
    Cash Cycle (Days) 51.69 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.