Company Summary
GSTEL G STEEL PUBLIC COMPANY LIMITED
Industrials/Steel
SET
CG Report:   -
NC 15 Nov 2018
  Data as of 11 Dec 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
0.13 0.20 / 0.12 N/A 0.45 34,250.90 890.52 30,498.69 3,281.30 9.29
News
Date/Time Subject
11 Dec 2018 17:19   Notification the exercise of GSTEL-W2
11 Dec 2018 17:18   Notification the exercise of GSTEL-W1
03 Dec 2018 17:25   Listed company not met SET financial disclosure as November 30, 2018
21 Nov 2018 12:38   Notification of Progress Revision of Internal Control
15 Nov 2018 09:06   Possible delisting of GSTEL announced by the SET due to failure of the submission of financial statements for the first quarterly financial statements ending March 31, 2018 later than 6 months.
more

Company Profile
Address 88 PASO Tower, 18th Floor, Silom Road, Suriyawong, Bangrak Bangkok 10500
Telephone 0-2634-2222
Fax 0-2634-4114
URL www.gsteel.com
  Annual Report 2017
Establish Date 10/1995 Listed Date 25/01/2006
IPO Price (Baht) 1.60 @Par1.00 Baht
IPO Financial Advisory
  • ASIA PLUS GROUP HOLDINGS PUBLIC COMPANY LIMITED
  • Par 5.00 Baht
    Last Par Change Old 1.00 : New 5.00 @ 26/05/2015

    Market/Industry/Sector Change
    Effective Date 04/01/2011
    Previous Market/Industry/Sector SET  / Industrials / Industrial Materials & Machinery
    Current Market/Industry/Sector SET  / Industrials / Steel

    Business
    The Company is the producer and distributor of hot rolled coil and slab. Its products serve as raw materials for such downstream industries as cold rolled coils, galvanized steel, steel pipe, structural steel products for construction, LPG container, automobile, electrical appliance as well as steel furniture industries.

    Free Float 12 Mar 2018 31 Mar 2017
    % /Shareholders
    77.03% 9,228 77.93% 9,193
    Foreign Shareholders 6.05% (As of 11/12/2018) Foreign Limit 100.00%
    NVDR Shareholders  1.14% (As of 11/12/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 1.86 0.50
    20 Days - 11.44 2.14
    60 Days - 14.95 2.38
    120 Days - 20.04 5.48
    YTD -31.58 -5.52 -26.55
    P/E (X) N/A 14.89 15.46
    P/BV (X) 0.45 0.69 1.85
    Turnover Ratio (%) N/A 0.08 0.65

    Top 10 Major Shareholders(@12 Mar 2018) Share %
    1. นาย นิรัมดร์ งามชำนัญฤทธิ์ 503,059,120 7.34
    2. คุณหญิง ปัทมา ลีสวัสดิ์ตระกูล 395,895,200 5.78
    3. นาย ณัฐพล จุฬางกูร 386,459,900 5.64
    4. บริษัท ซูพีเรียร์ โอเวอร์ซีส์ (ประเทศไทย) จำกัด 275,776,000 4.03
    5. นาย ทวีฉัตร จุฬางกูร 271,217,700 3.96
    6. นาย กฤษนันทร์ เกวลี 246,149,600 3.59
    7. UOB KAY HIAN PRIVATE LIMITED 178,440,083 2.60
    8. บริษัท บริหารสินทรัพย์ กรุงเทพพาณิชย์ จำกัด (มหาชน) 160,567,780 2.34
    9. CITIBANK NOMINEES SINGAPORE PTE LTD-UBS SWITZERLAND AG 122,323,761 1.79
    10. นาง เภาลีนา บุญญาภิภัทร 100,000,000 1.46

    Management Position
    1. Mr. YANYONG KUROVAT CHAIRMAN
    2. Mr. AMRENDRA PRASAD CHOUDHARY CHIEF EXECUTIVE OFFICER OF THE COMPANY
    3. Mr. RYUZO OGINO DIRECTOR
    4. Khunying PATAMA LEESWADTRAKUL DIRECTOR
    5. Miss SOONTAREEYA WONGSIRIKUL DIRECTOR
    6. Mr. SOMCHAI LEESWADTRAKUL DIRECTOR
    7. Mrs. CHURAIRAT PANYARACHUN DIRECTOR
    8. Mr. KOMOL WONG-APAI DIRECTOR
    9. Miss METHIKAN CHUTIPONGSIRI DIRECTOR
    10. Mr. PAICHITR ROJANAVANICH INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    11. Mr. CHAINARONG MONTHIENVICHIENCHAI INDEPENDENT DIRECTOR
    12. Mr. TEERAPOL PUSSADET INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    13. Mr. THEERACHAI ARUNRUENGSIRILERD INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    11 Dec 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 6,850.18  6,850.18  6,850.18 
    Market Cap (MB.) 890.52  1,301.53  2,329.06 
    Price (B./share) 0.13  0.19  0.34 
    BVPS (B./Share) 0.29  0.45  0.42 
    P/BV (X) 0.45  0.42  0.81 
    P/E (X) N/A  N/A  N/A 
    Turnover Ratio (%) 12.08  135.39  29.60 
    Value Trade/Day (MB.) 0.56  14.82  2.64 
    Beta -0.04  1.32  1.25 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -31.58  -44.12  54.55 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio N/A  N/A  N/A 
    Dividend Policy Approximately 50 percent of the net profit after corporate tax and legal reserve (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2018)
    MR. CHAIYUTH ANGSUWITHAYA/A.M.T. & ASSOCIATES
    MRS. NATSARAK SAROCHANUNJEEN/A.M.T. & ASSOCIATES
    Miss DARANEE SOMKAMNERD/A.M.T. & ASSOCIATES
    Miss JARUNEE NUAMMAE/A.M.T. & ASSOCIATES
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    Financial Data
    Statement of Financial Position (MB.) 2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    2014 
    (01/01/14 
    -31/12/14) 
    Cash 590.83 623.20 159.33 247.87
    A/R Net 48.13 272.39 241.64 197.10
    Inventories 4,110.18 1,991.56 1,688.08 3,331.18
    Current Assets 5,336.80 3,087.14 2,343.16 4,426.88
    PP&E Net 26,004.88 28,738.71 30,445.90 32,183.42
    Total Assets 32,172.05 32,614.67 33,435.70 37,466.68
    OD 212.50 315.86 365.06 435.94
    A/P Net 1,326.19 7,479.04 8,043.40 8,463.91
    Current portion of LT 1,182.86 1,130.75 1,154.68 1,117.30
    Current Liabilities 17,260.13 20,278.94 18,484.80 17,826.16
    Non-Current Liabilities 2,521.11 1,467.50 3,034.19 3,426.37
    Total Liabilities 19,781.24 21,746.44 21,518.99 21,252.53
    Authorized Capital 48,775.74 48,775.74 48,775.74 54,573.63
    Paid-Up Capital 34,250.90 34,250.90 34,250.90 34,250.90
    Premium (Discount) on Share Capital -10,163.28 -10,163.28 -10,163.28 -10,163.28
    Other Surplus (Deficit) 206.31 206.31 206.31 206.31
    Retained Earnings (Deficit) -22,334.93 -22,159.64 -21,116.37 -17,845.34
    Treasury Stock - - - -
    Shareholders' Equity 1,973.06 2,148.35 3,191.61 6,462.65
    Minority Interest 10,417.76 8,719.88 8,725.10 9,751.50
    more
    Statement of Comprehensive Income (MB.) 2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    2014 
    (01/01/14 
    -31/12/14) 
    Sales 25,704.98 21,683.63 22,826.49 23,940.85
    Other Income 3,033.63 305.14 266.89 304.32
    Total Revenues 28,738.62 21,988.77 23,093.38 24,245.17
    COGs 24,971.24 20,627.88 23,573.93 23,398.17
    SG&A 1,351.22 1,441.07 1,743.09 1,921.29
    Total Expenses 27,367.40 22,339.81 26,726.31 25,916.29
    EBITDA 3,281.30 1,554.88 -1,720.90 283.95
    Depre. & Amor. 1,910.08 1,905.92 1,912.03 1,955.07
    EBIT 1,371.22 -351.04 -3,632.93 -1,671.12
    Net Profit -387.68 -1,043.27 -3,223.38 -1,870.08
    EPS (B.) -0.06 -0.15 -0.47 -0.05
    more
    Statement of Cash Flow (MB.) 2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    2014 
    (01/01/14 
    -31/12/14) 
    Operating Cash Flow 159.86 674.88 157.62 -343.21
    Investing Cash Flow 132.19 -30.95 55.41 110.81
    Financing Cash Flow -323.86 -179.07 -301.31 263.88
    Net Cash Flow -31.82 463.91 -88.28 31.48
    more
    Annualized: ROE, ROA
    Ratios 2017  2016  2015 
    Current Ratio (X) 0.31 0.15 0.13
    ROE (%) -18.81 -39.07 -66.78
    ROA (%) 4.23 -1.06 -10.25
    D/E (X) 10.03 10.12 6.74
    Total Asset Turnover (X) 0.89 0.67 0.65
    Gross Profit Margin (%) 2.85 4.87 -3.27
    EBIT Margin (%) 4.77 -1.60 -15.73
    Net Profit Margin (%) -1.35 -4.74 -13.96

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    06 May 2015 PP 3 34,250,904,820 1.00

    Growth Rate (%) 2017  2016  2015 
    Sales Growth 18.55 -5.01 -4.65
    COGs Growth 21.06 -12.50 0.75
    Total Revenue Growth 30.70 -4.78 -4.75
    Total Expense Growth 22.51 -16.41 3.13
    Net Profit Growth N/A N/A N/A

    Annualized
    Cash Cycle 2017  2016  2015 
    A/R Turnover (Times) 160.40 84.37 104.05
    Avg. Collection Period (Days) 2.28 4.33 3.51
    Inventory Turnover (Times) 8.18 11.21 9.39
    Avg. Inventory Period (Days) 44.59 32.55 38.86
    A/P Turnover (Times) 5.67 2.66 2.86
    Avg. Payment Period (Days) 64.35 137.33 127.79
    Cash Cycle (Days) -17.48 -100.45 -85.43


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    SP 16 May 2018 -

    Market Alert (Latest)
    No Information Found
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    Only Preferred Share and Warrants
    Other Securities
    Securities Name GSTEL-W1, GSTEL-W2

    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.