Company Summary
MBAX MULTIBAX PUBLIC COMPANY LIMITED
Industrial
mai
CG Report:   
 
  Data as of 20 Sep 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
3.78 4.40 / 3.72 8.93 1.44 191.90 725.36 1,347.90 60.44 9.28
News
Date/Time Subject
09 Aug 2019 08:49   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2019
09 Aug 2019 08:48   Financial Statement Quarter 2/2019 (Reviewed)
09 Aug 2019 08:48   Reviewed Quarter 2 F/S (F45-1)
09 Aug 2019 06:53   Payment of the Interim Dividend for the Year 2019
15 May 2019 12:41   Reviewed Quarter 1 F/S (F45-1)
more

Company Profile
Address 211 MOO 3, TUNGSUKLA, SI RACHA Chonburi 20230
Telephone 038-491-725-9
Fax 038-492-485
URL www.multibax.com
Establish Date 19/6/1995 Listed Date 29/01/2007
IPO Price (Baht) 5.00 @Par1.00 Baht
IPO Financial Advisory
  • KASIKORN SECURITIES PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Market/Industry/Sector Change
    Effective Date 05/01/2015
    Previous Market/Industry/Sector mai  / MAI Industry / Medium-Sized Enterprise
    Current Market/Industry/Sector mai  / Industrial / Industrial

    Business
    The Company is a manufacturer and distributor of various kinds of high-quality plastic bags. The products are manufactured according to customers' specifications and 100% of the Company's products are exported.

    Free Float 11 Mar 2019 08 Mar 2018
    % /Shareholders
    55.17% 1,194 49.54% 1,227
    Foreign Shareholders 0.79% (As of 20/09/2019) Foreign Limit 30.00%
    NVDR Shareholders  0.88% (As of 20/09/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Industry (%) Compare to Market (%)
    5 Days -0.53 1.27 1.67
    20 Days -4.06 -2.33 -3.72
    60 Days -4.55 7.96 -1.17
    120 Days -9.57 6.77 -4.54
    YTD -4.55 17.66 -1.88
    P/E (X) 8.93 26.89 40.71
    P/BV (X) 1.44 1.26 1.70
    Turnover Ratio (%) 0.01 0.05 0.09

    Top 10 Major Shareholders(@23 Aug 2019) Share %
    1. นาย วีระชาติ โลห์ศิริ 29,496,237 15.37
    2. นาย สุรชัย อัศวแก้วมงคล 16,334,231 8.51
    3. MISS CHANTANA PANYADILOK 9,237,500 4.81
    4. MR. PISUTH LERTVILAI 8,253,215 4.30
    5. MISS URAIWAN SAE-LEE 7,565,000 3.94
    6. นาย กวิน ตั้งอุทัยศักดิ์ 6,923,366 3.61
    7. น.ส. จันทร์เพ็ญ วรกิตติวงศ์ 6,341,896 3.30
    8. MISS NANTANUCH VILASSAKDANONT 6,205,325 3.23
    9. น.ส. WILAWAN PANYADILOK 5,521,982 2.88
    10. นาง TUNYANEE CHOTCHINTANATHAT 4,743,990 2.47

    Management Position
    1. Mr. PRAKIT SEKSARN CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. SURACHAI ATSAWAKAEWMONGKHON VICE CHAIRMAN OF THE BOARD OF DIRECTORS / MANAGING DIRECTOR
    3. Mr. VICHIEN TANGUDTAISUK DIRECTOR
    4. Miss SUWANNA TEERAPAPTHAMKUL DIRECTOR
    5. Mr. NOPPAROCH CHOTCHINTANATHAT DIRECTOR
    6. Mr. PISUTH LERTVILAI DIRECTOR
    7. Mr. ADIREK SRIWATANAWONGSA INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mr. THANADOL TONGSUKH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Miss BENJAWAN SINKUNAKORN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. KOWATE LIMTRAKUL INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    20 Sep 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 191.90  191.90  191.90 
    Market Cap (MB.) 725.36  759.90  955.64 
    Price (B./share) 3.78  3.96  4.98 
    BVPS (B./Share) 2.62  2.66  2.56 
    P/BV (X) 1.44  1.49  1.94 
    P/E (X) 8.93  9.56  15.83 
    Turnover Ratio (%) 10.36  16.94  104.55 
    Value Trade/Day (MB.) 0.45  0.58  3.92 
    Beta 0.14  0.32  0.38 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) -4.55  -20.48  0.40 
    Dividend Yield (%) 9.79  8.08  5.28 
    Payout Ratio 0.87  0.77  0.84 
    Dividend Policy Not less than 40% of the net profit after deduction of the corporate income tax and reserve funds

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2019 - 30 Jun 2019 0.12 Baht 06 Sep 2019 Cash
    01 Jul 2018 - 31 Dec 2018 0.25 Baht 10 May 2019 Cash
    01 Jan 2018 - 30 Jun 2018 0.12 Baht 07 Sep 2018 Cash
    01 Jul 2017 - 31 Dec 2017 0.20 Baht 09 May 2018 Cash
    01 Jan 2017 - 30 Jun 2017 0.12 Baht 28 Sep 2017 Cash
    01 Jul 2016 - 31 Dec 2016 0.20 Baht 19 May 2017 Cash
     
    Auditor
    (Effective Until 31/12/2019)
    MR. JADESADA HUNGSAPRUEK/KARIN AUDIT COMPANY LIMITED
    MR. JIROTE SIRIROROTE/KARIN AUDIT COMPANY LIMITED
    MISS KANNIKA WIPANURAT/KARIN AUDIT COMPANY LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Cash 40.49 45.00 18.08 13.43 50.68
    A/R Net 239.55 367.61 296.82 348.85 276.94
    Inventories 233.76 221.00 194.18 207.69 196.48
    Current Assets 526.18 633.61 515.12 577.28 524.10
    PP&E Net 565.19 480.92 551.84 450.11 443.97
    Total Assets 1,165.80 1,180.04 1,140.37 1,092.65 1,033.47
    OD 364.63 418.82 359.75 366.26 382.91
    A/P Net 162.46 178.27 171.43 161.44 174.00
    Current portion of LT 27.33 16.96 25.89 14.44 17.96
    Current Liabilities 555.86 624.88 564.90 543.56 576.98
    Non-Current Liabilities 107.17 62.16 49.85 44.91 53.73
    Total Liabilities 663.03 687.04 614.74 588.47 630.71
    Authorized Capital 191.90 192.23 192.23 192.23 192.00
    Paid-Up Capital 191.90 191.90 191.90 191.90 153.93
    Premium (Discount) on Share Capital 229.00 229.00 229.00 229.00 172.54
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 81.88 72.10 104.73 83.28 76.29
    Treasury Stock - - - - -
    Shareholders' Equity 502.77 493.00 525.63 504.18 402.77
    Minority Interest - - - - -
    more
    Statement of Comprehensive Income (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Sales 673.68 761.07 1,554.37 1,644.53 1,519.93
    Other Income 15.25 12.17 20.62 39.62 15.80
    Total Revenues 688.93 773.23 1,574.99 1,684.15 1,535.72
    COGs 605.47 690.95 1,386.82 1,509.39 1,375.87
    SG&A 52.18 49.92 102.96 100.08 88.42
    Total Expenses 657.64 740.87 1,489.78 1,609.47 1,464.28
    EBITDA 60.44 67.10 151.97 145.20 137.01
    Depre. & Amor. 29.16 34.74 66.76 70.52 65.57
    EBIT 31.29 32.36 85.21 74.68 71.44
    Net Profit 25.55 27.20 82.85 61.42 58.08
    EPS (B.) 0.13 0.14 0.43 0.36 0.39
    more
    Statement of Cash Flow (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow 55.97 61.22 221.75 31.55 240.29
    Investing Cash Flow -33.00 -55.13 -161.89 -72.34 -92.32
    Financing Cash Flow -0.57 25.39 -55.28 3.46 -119.02
    Net Cash Flow 22.40 31.48 4.58 -37.34 28.95
    more
    Annualized: ROE, ROA
    Ratios 6M/2019  6M/2018  2018  2017 
    Current Ratio (X) 0.95 1.01 0.91 1.06
    ROE (%) 16.31 11.49 16.09 13.54
    ROA (%) 7.17 5.53 7.63 7.02
    D/E (X) 1.32 1.39 1.17 1.17
    Total Asset Turnover (X) 1.27 1.42 1.41 1.58
    Gross Profit Margin (%) 10.13 9.21 10.78 8.22
    EBIT Margin (%) 4.54 4.19 5.41 4.43
    Net Profit Margin (%) 3.71 3.52 5.26 3.65

    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 (%) 6M/2019  6M/2018  2018  2017 
    Sales Growth -11.48 -3.04 -5.48 8.20
    COGs Growth -12.37 -3.58 -8.12 9.70
    Total Revenue Growth -10.90 -4.24 -6.48 9.66
    Total Expense Growth -11.23 -3.10 -7.44 9.92
    Net Profit Growth -6.06 -24.59 34.89 5.76

    Annualized
    Cash Cycle 6M/2019  6M/2018  2018  2017 
    A/R Turnover (Times) 4.83 4.78 4.81 5.26
    Avg. Collection Period (Days) 75.53 76.36 75.81 69.45
    Inventory Turnover (Times) 5.72 5.94 6.90 7.47
    Avg. Inventory Period (Days) 63.78 61.41 52.89 48.87
    A/P Turnover (Times) 7.64 7.81 8.33 9.00
    Avg. Payment Period (Days) 47.78 46.76 43.80 40.56
    Cash Cycle (Days) 91.53 91.01 84.89 77.76


    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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