Company Summary
IRC INOUE RUBBER (THAILAND) PUBLIC COMPANY LIMITED
Industrials/Automotive
SET
CG Report:   
 
  Data as of 25 Oct 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
17.30 19.90 / 11.60 8.48 0.86 200.00 3,460.00 3,848.52 654.15 4.56
News
Date/Time Subject
15 Oct 2021 13:27   Notification of the appointment of the Director, President and Authorized Director of the Company
01 Oct 2021 12:41   Invitation to Shareholders to propose the agenda, director candidate and question in advance for AGM 2022
07 Sep 2021 17:31   Notification of Company Director's Decease
11 Aug 2021 18:43   Financial Performance Quarter 3 (F45) (Reviewed)
11 Aug 2021 18:43   Management Discussion and Analysis Quarter 3 Ending 30 Jun 2021
more

Company Profile
Address 258 SOI RANGSIT-NAKHONNAYOK 49, TAMBOL PRACHATHIPAT THANYABURI Pathum Thani 12130
Telephone 0-2996-0890-7 (23 สาย)
Fax 0-2996-1439, 0-2996-0294
URL www.ircthailand.com
  Annual Report 2020
Establish Date 15/12/1969 Listed Date 25/08/1994
IPO Price (Baht) 159.00 @Par10.00 Baht
IPO Financial Advisory
  • PHATRA THANAKIT PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 12/02/2004

    Business
    The Company is the manufacturer of elastomer products for automotive and other industries, and motorcycle tires and tubes with high quality at the international level.

    Free Float 09 Dec 2020 12 Dec 2019
    % /Shareholders
    23.63% 1,452 27.55% 1,421
    Foreign Shareholders 36.44% (As of 25/10/2021) Foreign Limit 49.00%
    NVDR Shareholders  0.65% (As of 25/10/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.17 -0.01 1.43
    20 Days - 0.57 -0.19
    60 Days -4.95 -4.89 -10.13
    120 Days 2.98 -4.97 -2.10
    YTD 21.83 1.96 8.05
    P/E (X) 8.48 12.64 20.87
    P/BV (X) 0.86 1.10 1.76
    Turnover Ratio (%) 0.01 0.21 1.29

    Top 10 Major Shareholders(@09 Feb 2021) Share %
    1. บริษัท อีโนเว รับเบอร์ จำกัด 68,600,000 34.30
    2. KK INTERNATIONAL COMPANY LIMITED. 50,666,000 25.33
    3. บริษัท อีโนเว รับเบอร์ (ประเทศไทย) จำกัด (มหาชน) 7,792,300 3.90
    4. นาย VICHARAT CHAVANAUMPORN 7,408,888 3.70
    5. นาง พิมพ์ใจ ลี้อิสสระนุกูล 5,568,575 2.78
    6. NOMURA SECURITIES CO LTD-CLIENT A/C 5,246,500 2.62
    7. MRS. Porntip Sethiwan 4,884,875 2.44
    8. MR. Thanong Leeissaranukul 4,370,500 2.19
    9. นาง พรดี ลี้อิสสระนุกูล 3,200,000 1.60
    10. นาย วิริยะ ตรังอดิศัยกุล 3,102,700 1.55

    Management Position
    1. Mrs. PIMJAI LEEISSARANUKUL CHAIRMAN
    2. Mr. SHIGEKI YAMADA PRESIDENT / DIRECTOR
    3. Mr. TAKESHI ARAKAWA MANAGING DIRECTOR
    4. Mr. SOICHI INOUE DIRECTOR
    5. Mr. THANONG LEEISSARANUKUL DIRECTOR
    6. Mr. APICHART LEEISSARANUKUL DIRECTOR
    7. Mrs. PORNTIP SETHIWAN DIRECTOR
    8. Mr. KAZUO SATO DIRECTOR
    9. Mrs. ANCHALEE CHAVANICH INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Mrs. JARUPORN VIYANANT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. SURONG BULAKUL INDEPENDENT DIRECTOR
    12. Mr. KITTICHAI RAKTAKANIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    25 Oct 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 200.00  200.00  200.00 
    Market Cap (MB.) 3,460.00  2,840.00  3,100.00 
    Price (B./share) 17.30  14.20  15.50 
    BVPS (B./Share) 20.06  18.46  17.91 
    P/BV (X) 0.86  0.77  0.87 
    P/E (X) 8.48  12.46  18.61 
    Turnover Ratio (%) 7.95  7.49  1.69 
    Value Trade/Day (MB.) 1.43  0.86  0.25 
    Beta 0.37  0.56  0.52 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 21.83  -8.39  -24.76 
    Dividend Yield (%) 3.29  4.01  2.69 
    Payout Ratio 0.28  0.38  1.08 
    Dividend Policy Not more than 65% of the net profit of its consolidated financial statement after corporate income tax with consideration on the operating results in the accounting year

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Oct 2019 - 30 Sep 2020 0.5699 Baht 25 Feb 2021 Cash
    01 Oct 2018 - 30 Sep 2019 0.4164 Baht 28 Feb 2020 Cash
    01 Oct 2017 - 30 Sep 2018 0.8965 Baht 28 Feb 2019 Cash
     
    Auditor
    (Effective Until 30/09/2021)
    MISS NOPANUCH APICHATSATIEN/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Ms. NUNTIKA LIMVIRIYALERS/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Ms. SANICHA AKARAKITTILAP/PRICEWATERHOUSE COOPERS ABAS LIMITED
    F/S Year ended 30/09
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 9M/2021 
    (01/10/20 
    -30/06/21) 
    9M/2020 
    (01/10/19 
    -30/06/20) 
    2020 
    (01/10/19 
    -30/09/20) 
    2019 
    (01/10/18 
    -30/09/19) 
    2018 
    (01/10/17 
    -30/09/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 988.72 734.05 905.10 599.21 822.97
    A/R Net 956.08 474.70 817.26 1,011.81 999.11
    Inventories 678.55 552.91 459.44 568.10 641.36
    Current Assets 2,934.88 2,183.36 2,501.45 2,626.49 2,479.11
    PP&E Net 1,724.95 1,860.30 1,817.64 1,803.66 1,750.23
    Non-Current Assets 2,298.93 2,135.37 2,087.12 2,222.29 2,578.94
    Total Assets 5,233.81 4,318.73 4,588.57 4,848.78 5,058.06
    OD - - - - -
    A/P Net 1,016.50 526.90 701.53 991.11 1,219.95
    Current portion of LT - - - - -
    Current Liabilities 1,033.07 528.27 712.44 1,006.54 1,253.63
    Non-Current Liabilities 344.17 321.38 327.13 261.16 208.13
    Total Liabilities 1,377.24 849.65 1,039.57 1,267.70 1,461.76
    Authorized Capital 200.00 200.00 200.00 200.00 200.00
    Paid-Up Capital 200.00 200.00 200.00 200.00 200.00
    Premium (Discount) on Share Capital 298.00 298.00 298.00 298.00 298.00
    Retained Earnings (Deficit) 3,432.19 3,150.19 3,231.75 3,095.88 3,108.64
    Treasury Stock 114.01 114.01 114.01 - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 40.40 -65.10 -66.75 -12.81 -10.35
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 3,856.57 3,469.07 3,548.99 3,581.07 3,596.29
    Minority Interest 0.01 0.01 0.00 0.01 0.00
    more
    Statement of Comprehensive Income (MB.) 9M/2021 
    (01/10/20 
    -30/06/21) 
    9M/2020 
    (01/10/19 
    -30/06/20) 
    2020 
    (01/10/19 
    -30/09/20) 
    2019 
    (01/10/18 
    -30/09/19) 
    2018 
    (01/10/17 
    -30/09/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 4,043.26 3,252.51 4,364.11 5,429.64 5,562.41
    Other Income 38.18 36.77 47.68 51.63 51.72
    Total Revenues 4,103.00 3,311.38 4,433.89 5,481.27 5,614.13
    Costs 3,430.22 2,851.90 3,799.05 4,865.66 4,788.68
    Selling And Administrative Expenses 272.49 277.31 349.70 400.53 375.74
    Total Cost And Expenses 3,717.87 3,144.61 4,169.56 5,284.34 5,181.66
    EBITDA 654.15 426.04 615.46 515.46 733.43
    Depre. & Amor. 269.02 259.27 351.13 318.53 300.95
    EBIT 385.13 166.77 264.32 196.93 432.47
    Net Profit : Owners Of The Parent 310.76 137.50 219.06 166.54 358.62
    EPS (B.) 1.62 0.70 1.12 0.83 1.79
    more
    Statement of Cash Flow (MB.) 9M/2021 
    (01/10/20 
    -30/06/21) 
    9M/2020 
    (01/10/19 
    -30/06/20) 
    2020 
    (01/10/19 
    -30/09/20) 
    2019 
    (01/10/18 
    -30/09/19) 
    2018 
    (01/10/17 
    -30/09/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 472.72 449.77 580.47 377.68 748.17
    Investing Cash Flow -279.34 -117.72 -77.37 -422.14 -161.91
    Financing Cash Flow -109.76 -197.21 -197.21 -179.30 -169.52
    Net Cash Flow 83.62 134.84 305.89 -223.76 416.74
    more
    Annualized: ROE, ROA
    Ratios 9M/2021  9M/2020  2020  2019 
    Current Ratio (X) 2.84 4.13 3.51 2.61
    ROE (%) 10.71 5.23 6.14 4.64
    ROA (%) 10.11 4.85 5.60 3.98
    D/E (X) 0.36 0.24 0.29 0.35
    Total Asset Turnover (X) 1.09 1.02 0.94 1.11
    Gross Profit Margin (%) 15.16 12.32 12.95 10.39
    EBIT Margin (%) 9.39 5.04 5.96 3.59
    Net Profit Margin (%) 7.57 4.15 4.94 3.04

    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 (%) 9M/2021  9M/2020  2020  2019 
    Sales Growth 24.31 -20.98 -19.62 -2.39
    COGs Growth 20.28 -22.54 -21.92 1.61
    Total Revenue Growth 23.91 -20.16 -19.11 -2.37
    Total Expense Growth 18.23 -21.48 -21.10 1.98
    Net Profit Growth 126.00 13.63 31.54 -53.56

    Annualized
    Cash Cycle 9M/2021  9M/2020  2020  2019 
    A/R Turnover (Times) 7.21 6.24 4.77 5.40
    Avg. Collection Period (Days) 50.65 58.49 76.49 67.59
    Inventory Turnover (Times) 7.11 6.94 7.39 8.05
    Avg. Inventory Period (Days) 51.34 52.56 49.36 45.36
    A/P Turnover (Times) 5.67 5.31 4.49 4.40
    Avg. Payment Period (Days) 64.35 68.72 81.31 82.93
    Cash Cycle (Days) 37.65 42.33 44.54 30.02


    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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