Company Summary
IVL INDORAMA VENTURES PUBLIC COMPANY LIMITED
Industrials/Petrochemicals & Chemicals
SET50 / SETHD / SETTHSI
CG Report:   
 
  Data as of 22 Jan 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
36.75 42.00 / 15.90 N/A 1.60 5,614.55 206,334.78 519,961.20 21,828.46 19.44
News
Date/Time Subject
27 Nov 2020 12:38   The Issuance and Offering of Debentures of Indorama Ventures No. 1/2563 for Baht 9,000,000,000 (the "Debentures")
20 Nov 2020 17:28   Announcement of Public Holidays for the Calendar Year 2021
10 Nov 2020 18:12   Interim Dividend Payment
09 Nov 2020 12:54   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
09 Nov 2020 12:53   Financial Performance Quarter 3 (F45) (Reviewed)
more

Company Profile
Address 75/102 Ocean Tower 2, 37th Floor, Soi Sukhumvit 19, Asoke road, Kwaeng Klongtoey Nuer, Khet Wattana Bangkok 10110
Telephone 0-2661-6661
Fax 0-2661-6664-5
URL www.indoramaventures.com
  Annual Report 2019
Establish Date 21/02/2003 Listed Date 05/02/2010
IPO Price (Baht) 10.20 @Par1.00 Baht
IPO Financial Advisory
  • BUALUANG SECURITIES PUBLIC COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change N/A

    Business
    Indorama Ventures Public Company Limited, a holding company conducting its business through investment in subsidiaries and affiliates engaged in the manufacture of integrated petrochemical products both domestic and overseas. These companies manufacture and distribute Ethylene Oxide and Ethylene Glycol (?EO&EG?), Purified Terephthalic Acid (?PTA?), Polyethylene Terephthalate (?PET?), Polyester Fiber and Yarn and Wool products.

    Free Float 15 Jun 2020 12 Mar 2019
    % /Shareholders
    35.11% 29,754 35.15% 23,681
    Foreign Shareholders 69.49% (As of 22/01/2021) Foreign Limit 100.00%
    NVDR Shareholders  4.86% (As of 22/01/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 0.68 1.19 2.11
    20 Days 1.38 -2.76 -3.59
    60 Days 63.33 8.65 32.34
    120 Days 37.38 7.44 24.47
    YTD -0.68 -3.27 -3.89
    P/E (X) N/A 943.57 29.89
    P/BV (X) 1.60 1.21 1.70
    Turnover Ratio (%) 0.29 0.24 1.46

    Top 10 Major Shareholders(@24 Nov 2020) Share %
    1. บริษัท อินโดรามา รีซอสเซส จำกัด 3,504,991,318 62.43
    2. บริษัท Thai NVDR Company Limited 314,019,609 5.59
    3. ธนาคาร กรุงเทพ จำกัด (มหาชน) 270,905,264 4.83
    4. MR. SATAPORN NGAMRUENGPHONG 83,658,700 1.49
    5. สำนักงานประกันสังคม 79,352,900 1.41
    6. CREDIT SUISSE AG, SINGAPORE BRANCH 75,297,500 1.34
    7. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 62,558,647 1.11
    8. CANOPUS INTERNATIONAL LIMITED 55,000,000 0.98
    9. STATE STREET EUROPE LIMITED 40,083,866 0.71
    10. กองทุนรวม วายุภักษ์หนึ่ง โดย บลจ.เอ็มเอฟซี จำกัด (มหาชน) 25,257,400 0.45

    Management Position
    1. Mr. SRI PRAKASH LOHIA CHAIRMAN OF THE BOARD
    2. Mr. ALOKE LOHIA VICE CHAIRMAN OF THE BOARD / GROUP CHIEF EXECUTIVE OFFICER
    3. Mr. RATHIAN SRIMONGKOL VICE CHAIRMAN OF THE BOARD / LEAD INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    4. Mrs. SUCHITRA LOHIA DIRECTOR
    5. Mr. AMIT LOHIA DIRECTOR
    6. Mr. DILIP KUMAR AGARWAL DIRECTOR
    7. Mr. UDEY PAUL SINGH GILL DIRECTOR
    8. Mr. SANJAY AHUJA DIRECTOR
    9. Mr. YASHOVARDHAN LOHIA DIRECTOR
    10. Mr. SIRI GANJARERNDEE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. KANIT SI INDEPENDENT DIRECTOR
    12. Mr. WILLIAM ELLWOOD HEINECKE INDEPENDENT DIRECTOR
    13. Mr. RUSSELL LEIGHTON KEKUEWA INDEPENDENT DIRECTOR
    14. Mr. CHAKRAMON PHASUKAVANICH INDEPENDENT DIRECTOR
    15. Mr. TEVIN VONGVANICH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    16. Mrs. KAISRI NUENGSIGKAPIAN INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    22 Jan 2021    		 2020
    30 Dec 2020    		 2019
    30 Dec 2019
    Listed share (M.) 5,614.55  5,614.55  5,614.55 
    Market Cap (MB.) 206,334.78  207,738.42  196,509.32 
    Price (B./share) 36.75  37.00  35.00 
    BVPS (B./Share) 23.00  23.00  24.07 
    P/BV (X) 1.60  1.61  1.45 
    P/E (X) N/A  N/A  21.54 
    Turnover Ratio (%) 14.11  152.53  103.26 
    Value Trade/Day (MB.) 2,002.66  967.32  957.64 
    Beta 1.67  1.71  2.39 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) -0.68  5.71  -35.48 
    Dividend Yield (%) 3.33  3.31  3.99 
    Payout Ratio N/A  N/A  1.08 
    Dividend Policy Not less than 30% of the net profit after tax and appropriation to legal reserve. However, the Board of Directors shall have the authority to consider waiving or amending such dividend policy subject to the condition (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jul 2020 - 30 Sep 2020 0.175 Baht 09 Dec 2020 Cash
    01 Apr 2020 - 30 Jun 2020 0.175 Baht 10 Sep 2020 Cash
    01 Jan 2020 - 31 Mar 2020 0.175 Baht 11 Jun 2020 Cash
    01 Jan 2019 - 31 Dec 2019 0.175 Baht 08 May 2020 Cash
    01 Jul 2019 - 30 Sep 2019 0.35 Baht 11 Dec 2019 Cash
    01 Apr 2019 - 30 Jun 2019 0.35 Baht 05 Sep 2019 Cash
    01 Jan 2019 - 31 Mar 2019 0.35 Baht 04 Jun 2019 Cash
    01 Jan 2018 - 31 Dec 2018 0.35 Baht 23 May 2019 Cash
    01 Jul 2018 - 30 Sep 2018 0.35 Baht 18 Dec 2018 Cash
    01 Jan 2018 - 30 Jun 2018 0.70 Baht 04 Sep 2018 Cash
    01 Jan 2017 - 31 Dec 2017 0.55 Baht 25 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MR. CHAROEN PHOSAMRITLERT/KPMG PHOOMCHAI AUDIT LIMITED
    MR. SAKDA KAOTHANTHONG/KPMG PHOOMCHAI AUDIT LIMITED
    MR. SUMATE JANGSAMSEE/KPMG PHOOMCHAI AUDIT LIMITED
    		F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    Financial Data
    Statement of Financial Position (MB.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Cash 18,956.14 10,892.65 10,446.71 5,578.44 6,877.05
    A/R Net 32,848.99 35,220.37 34,304.90 37,636.56 32,098.17
    Inventories 54,876.38 64,508.62 62,164.91 70,085.33 46,036.48
    Current Assets 119,530.64 122,692.99 118,756.96 124,284.23 92,953.01
    PP&E Net 273,643.06 211,385.19 212,422.92 205,182.42 151,201.96
    Total Assets 461,708.69 384,752.74 380,567.91 379,194.83 282,358.37
    OD 23,623.22 20,192.82 30,379.50 31,271.96 6,115.13
    A/P Net 53,816.12 58,577.53 57,172.87 54,564.81 -
    Current portion of LT 23,486.39 15,447.77 10,271.31 11,750.06 8,945.18
    Current Liabilities 121,930.45 110,358.32 112,990.57 113,700.08 65,621.55
    Non-Current Liabilities 201,237.99 129,881.98 129,410.05 113,639.40 97,750.12
    Total Liabilities 323,168.44 240,240.30 242,400.62 227,339.48 163,371.68
    Authorized Capital 5,666.01 5,666.01 5,666.01 5,666.01 5,666.01
    Paid-Up Capital 5,614.55 5,614.55 5,614.55 5,614.55 5,245.41
    Premium (Discount) on Share Capital 60,331.43 60,331.43 60,331.43 60,331.43 44,848.15
    Other Surplus (Deficit) -6,538.74 -4,987.85 -4,282.14 -4,366.48 -3,792.68
    Retained Earnings (Deficit) 68,008.73 75,109.50 70,496.56 75,022.42 58,526.34
    Treasury Stock - - - - -
    Shareholders' Equity 129,126.14 135,127.10 129,711.92 144,837.79 117,061.65
    Minority Interest 9,414.12 9,385.35 8,455.37 7,017.57 1,925.04
    more
    Statement of Comprehensive Income (MB.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Sales 248,052.92 275,183.88 352,692.45 347,170.90 286,332.27
    Other Income 4,288.59 2,240.79 3,172.34 4,714.47 4,935.39
    Total Revenues 252,463.77 277,424.67 355,864.78 352,471.25 291,267.66
    COGs 216,647.86 240,052.80 309,344.51 289,231.99 240,888.59
    SG&A 28,561.64 25,812.30 33,913.72 28,569.14 23,788.10
    Total Expenses 245,785.82 266,440.65 344,351.94 318,093.84 267,725.06
    EBITDA 21,828.46 23,633.46 28,553.30 48,650.69 35,781.42
    Depre. & Amor. 15,150.51 12,649.44 17,040.45 14,273.28 12,238.83
    EBIT 6,677.95 10,984.02 11,512.84 34,377.41 23,542.60
    Net Profit 1,104.31 6,767.70 5,252.11 26,465.40 20,882.86
    EPS (B.) 0.10 1.07 0.76 4.61 3.98
    more
    Statement of Cash Flow (MB.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 31,329.36 32,893.37 40,844.97 31,980.56 28,906.81
    Investing Cash Flow -72,286.58 -18,588.43 -25,298.24 -56,227.32 -28,785.72
    Financing Cash Flow 49,440.63 -9,088.24 -10,796.09 22,566.73 2,729.94
    Net Cash Flow 8,483.41 5,216.70 4,750.64 -1,680.02 2,851.03
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 0.98 1.11 1.05 1.09
    ROE (%) -0.31 6.53 3.83 20.21
    ROA (%) 1.70 4.13 3.03 10.39
    D/E (X) 2.50 1.78 1.87 1.57
    Total Asset Turnover (X) 0.78 1.00 0.94 1.07
    Gross Profit Margin (%) 12.66 12.77 12.29 16.69
    EBIT Margin (%) 2.65 3.96 3.24 9.75
    Net Profit Margin (%) 0.44 2.44 1.48 7.51

    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/2020  9M/2019  2019  2018 
    Sales Growth -9.86 7.61 1.59 21.25
    COGs Growth -9.75 15.14 6.95 20.07
    Total Revenue Growth -9.00 6.94 0.96 21.01
    Total Expense Growth -7.75 16.16 8.25 18.81
    Net Profit Growth -83.68 -71.93 -80.15 26.73

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 9.57 9.19 9.80 9.96
    Avg. Collection Period (Days) 38.16 39.71 37.23 36.66
    Inventory Turnover (Times) 4.79 5.07 4.68 4.98
    Avg. Inventory Period (Days) 76.20 72.05 78.02 73.27
    A/P Turnover (Times) 5.09 5.70 5.54 10.60
    Avg. Payment Period (Days) 71.73 63.98 65.92 34.43
    Cash Cycle (Days) 42.62 47.77 49.33 75.50


    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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