Company Summary
IVL INDORAMA VENTURES PUBLIC COMPANY LIMITED
Industrials/Petrochemicals & Chemicals
SET50 / SETTHSI
CG Report:   
 
  Data as of 23 Jul 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
38.75 50.00 / 20.20 27.71 1.60 5,614.55 217,563.89 540,629.16 14,691.86 14.67
News
Date/Time Subject
18 Jun 2021 08:05   Potential business acquisition opportunity in Brazil
14 Jun 2021 17:25   Report on the Completion of the Acquisition of PET Recycling Assets in Texas, USA (Revised)
14 Jun 2021 07:01   Report on the Completion of the Acquisition of PET Recycling Assets in Texas, USA
27 May 2021 06:44   Acquisition of PET Recycling Assets in Texas, USA
14 May 2021 17:08   Interim Dividend Payment
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 2020
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 11 Mar 2021 15 Jun 2020
    % /Shareholders
    35.11% 27,570 35.11% 29,754
    Foreign Shareholders 70.87% (As of 23/07/2021) Foreign Limit 100.00%
    NVDR Shareholders  6.63% (As of 23/07/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -4.91 -2.24 -3.11
    20 Days -5.49 -2.55 -2.61
    60 Days -11.43 -4.08 -10.94
    120 Days 5.44 4.64 2.22
    YTD 4.73 1.23 -1.76
    P/E (X) 27.71 17.44 29.36
    P/BV (X) 1.60 1.15 1.70
    Turnover Ratio (%) 0.11 0.13 1.12

    Top 10 Major Shareholders(@28 May 2021) Share %
    1. บริษัท อินโดรามา รีซอสเซส จำกัด 3,504,991,318 62.43
    2. บริษัท Thai NVDR Company Limited 353,968,916 6.30
    3. ธนาคาร กรุงเทพ จำกัด (มหาชน) 270,905,264 4.83
    4. สำนักงานประกันสังคม 77,544,900 1.38
    5. CREDIT SUISSE AG, SINGAPORE BRANCH 75,308,400 1.34
    6. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 70,937,515 1.26
    7. CANOPUS INTERNATIONAL LIMITED 55,000,000 0.98
    8. STATE STREET EUROPE LIMITED 38,382,576 0.68
    9. กองทุนเปิด ไทยพาณิชย์หุ้นระยะยาวปันผล 70/30 23,773,000 0.42
    10. กองทุนรวม วายุภักษ์หนึ่ง โดย บลจ.เอ็มเอฟซี จำกัด (มหาชน) 21,578,200 0.38

    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. TEVIN VONGVANICH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    15. Mrs. KAISRI NUENGSIGKAPIAN INDEPENDENT DIRECTOR
    16. Mr. MICHAEL GEORGE DESOMBRE INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    23 Jul 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 5,614.55  5,614.55  5,614.55 
    Market Cap (MB.) 217,563.89  207,738.42  196,509.32 
    Price (B./share) 38.75  37.00  35.00 
    BVPS (B./Share) 24.26  23.00  24.07 
    P/BV (X) 1.60  1.61  1.45 
    P/E (X) 27.71  N/A  21.54 
    Turnover Ratio (%) 71.44  152.53  103.26 
    Value Trade/Day (MB.) 1,237.07  967.32  957.64 
    Beta 1.61  1.71  2.39 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 4.73  5.71  -35.48 
    Dividend Yield (%) 1.81  3.31  3.99 
    Payout Ratio 0.55  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 Jan 2021 - 31 Mar 2021 0.25 Baht 10 Jun 2021 Cash
    01 Jan 2020 - 31 Dec 2020 0.175 Baht 20 May 2021 Cash
    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
     
    Auditor
    (Effective Until 31/12/2021)
    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
    Financial Data
    Statement of Financial Position (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    3M/2020 
    (01/01/20 
    -31/03/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Cash And Cash Equivalents 20,322.45 20,907.53 18,948.52 10,446.71 5,578.44
    A/R Net 44,595.14 45,585.09 35,390.75 34,304.90 38,961.11
    Inventories 63,800.85 62,600.43 53,938.49 62,164.91 70,085.33
    Current Assets 140,034.35 140,939.07 119,834.67 118,756.96 124,284.23
    PP&E Net 271,026.51 280,158.65 276,156.26 212,422.92 205,182.42
    Non-Current Assets 339,548.12 350,377.21 333,336.84 261,810.94 254,910.60
    Total Assets 479,582.47 491,316.28 453,171.51 380,567.91 379,194.83
    OD 27,001.50 31,666.65 20,725.61 30,379.50 31,271.96
    A/P Net 67,683.70 62,220.18 57,782.56 57,172.87 54,564.81
    Current portion of LT 18,635.00 20,074.35 16,503.33 10,141.29 11,639.87
    Current Liabilities 136,163.04 139,759.03 117,161.37 112,990.57 113,700.08
    Non-Current Liabilities 197,077.39 207,749.63 200,402.35 129,410.05 113,639.40
    Total Liabilities 333,240.43 347,508.66 317,563.72 242,400.62 227,339.48
    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 5,614.55
    Premium (Discount) on Share Capital 60,331.43 60,331.43 60,331.43 60,331.43 60,331.43
    Retained Earnings (Deficit) 73,379.81 70,808.28 67,560.81 70,496.57 75,022.42
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -18,035.81 -2,659.55 -6,851.80 -6,730.63 3,869.38
     - Surplus (Deficits) -4,951.98 -7,268.19 -5,394.64 -4,282.15 -4,366.48
    Shareholders' Equity 136,194.75 134,094.72 126,654.99 129,711.92 144,837.79
    Minority Interest 10,147.29 9,712.91 8,952.79 8,455.37 7,017.57
    more
    Statement of Comprehensive Income (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    3M/2020 
    (01/01/20 
    -31/03/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Revenue From Operations 98,161.15 92,023.67 331,512.91 352,692.45 347,170.90
    Other Income 956.71 2,804.63 4,837.83 2,989.18 3,881.09
    Total Revenues 99,161.06 94,828.30 336,542.78 355,864.78 351,299.15
    Costs 78,700.59 81,665.04 287,802.87 309,344.51 289,231.99
    Selling And Administrative Expenses 10,523.92 10,068.18 38,782.96 33,913.72 28,569.13
    Total Cost And Expenses 89,494.07 91,802.64 327,574.23 344,061.13 318,093.84
    EBITDA 14,691.86 7,561.03 29,718.00 28,553.29 48,650.69
    Depre. & Amor. 5,001.03 4,882.27 20,487.20 17,040.45 14,273.28
    EBIT 9,690.82 2,678.76 9,230.80 11,512.84 34,377.41
    Net Profit : Owners Of The Parent 6,008.81 570.72 2,414.28 5,252.11 26,465.40
    EPS (B.) 1.04 0.07 0.30 0.76 4.61
    more
    Statement of Cash Flow (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    3M/2020 
    (01/01/20 
    -31/03/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Operating Cash Flow 6,078.80 10,631.61 43,436.05 40,844.97 31,980.56
    Investing Cash Flow -4,106.72 -64,871.83 -78,602.12 -25,298.24 -56,227.32
    Financing Cash Flow -661.98 64,670.58 43,737.12 -10,796.09 22,566.73
    Net Cash Flow 1,310.10 10,430.36 8,571.06 4,750.64 -1,680.02
    more
    Annualized: ROE, ROA
    Ratios 3M/2021  3M/2020  2020  2019 
    Current Ratio (X) 1.03 1.01 1.02 1.05
    ROE (%) 5.81 1.52 1.88 3.83
    ROA (%) 3.35 2.02 2.21 3.03
    D/E (X) 2.28 2.42 2.34 1.75
    Total Asset Turnover (X) 0.70 0.80 0.81 0.94
    Gross Profit Margin (%) 19.83 11.26 13.19 12.29
    EBIT Margin (%) 9.77 2.82 2.74 3.24
    Net Profit Margin (%) 6.56 0.58 0.83 1.23

    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 (%) 3M/2021  3M/2020  2020  2019 
    Sales Growth 6.67 -3.95 -6.01 1.59
    COGs Growth -3.63 -2.26 -6.96 6.95
    Total Revenue Growth 4.57 -2.42 -5.43 1.30
    Total Expense Growth -2.51 -0.28 -4.79 8.16
    Net Profit Growth 952.86 -84.61 -54.03 -80.15

    Annualized
    Cash Cycle 3M/2021  3M/2020  2020  2019 
    A/R Turnover (Times) 7.76 7.72 9.51 9.63
    Avg. Collection Period (Days) 47.06 47.28 38.37 37.91
    Inventory Turnover (Times) 4.51 4.69 4.96 4.68
    Avg. Inventory Period (Days) 80.99 77.88 73.62 78.02
    A/P Turnover (Times) 4.39 5.17 5.01 5.54
    Avg. Payment Period (Days) 83.23 70.63 72.89 65.92
    Cash Cycle (Days) 44.82 54.52 39.10 50.01


    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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