Company Summary
MGT MEGACHEM (THAILAND) PUBLIC COMPANY LIMITED
Industrial
mai
CG Report:   
 
  Data as of 01 Oct 2020  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
2.14 2.56 / 0.81 8.44 1.90 200.00 856.00 915.54 87.96 6.41
News
Date/Time Subject
29 Sep 2020 18:12   Change in CFO / Chief Accounting
11 Aug 2020 19:11   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2020
11 Aug 2020 19:10   Financial Performance Quarter 2 (F45) (Reviewed)
11 Aug 2020 18:33   Financial Statement Quarter 2/2020 (Reviewed)
11 Aug 2020 18:11   Establishment of Associated Company
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Company Profile
Address 25 Soi Chalongkrung 31, Ladkrabang Industrial Estate Soi G1/9, Lamplathew, Ladkrabang Bangkok 10520
Telephone 0-2739-6333
Fax 0-2739-6332
URL http://www.megachem.co.th
Establish Date 5/10/1992 Listed Date 23/02/2017
IPO Price (Baht) 1.89 @Par0.50 Baht
IPO Financial Advisory
  • CAPITAL NOMURA SECURITIES PUBLIC COMPANY LIMITED
  • Par 0.50 Baht
    Last Par Change N/A

    Business
    MGT operates as a distributor of specialty chemicals which are used as an additive to the main ingredient to create chemical reaction in order to provided special properties or features for the products. The Company provides specialty chemical to customers in various industries.

    Free Float 11 Mar 2020 13 Mar 2019
    % /Shareholders
    24.95% 1,056 24.92% 1,057
    Foreign Shareholders 36.19% (As of 01/10/2020) Foreign Limit 49.00%
    NVDR Shareholders  0.28% (As of 01/10/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Industry (%) Compare to Market (%)
    5 Days 2.88 0.62 2.47
    20 Days -6.14 -11.74 -9.26
    60 Days 20.90 15.50 13.64
    120 Days 76.86 27.15 20.01
    YTD 23.70 12.14 20.48
    P/E (X) 8.44 30.77 34.18
    P/BV (X) 1.90 1.18 1.66
    Turnover Ratio (%) 0.19 0.46 0.24

    Top 10 Major Shareholders(@25 Aug 2020) Share %
    1. นาย วิทยา อินาลา 150,726,000 37.68
    2. Megachem Ltd. 144,777,000 36.19
    3. MISS Variya Inala 10,046,500 2.51
    4. MISS BOONTHARIKA PATTAYUTH 5,588,100 1.40
    5. นาง บุษราภรณ์ ประทุมรัตน์ 4,497,000 1.12
    6. นาย อนุรักษ์ บุญแสวง 3,233,000 0.81
    7. นาย สมยศ มั่นนิธิวรกุล 3,000,000 0.75
    8. น.ส. CHOMPHAN DISAYABUTRA 2,880,000 0.72
    9. นาย บัณฑิตย์ โรจน์รุ่งเรือง 2,577,700 0.64
    10. นาย น้ำเพชร ปานะถึก 2,100,000 0.53

    Management Position
    1. Mr. PONGPANU SVETARUNDRA CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    2. Mr. VITTHAYA INALA CHAIRMAN OF BOARD OF EXECUTIVE COMMITTEE / CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mrs. BUSARAPORN PRATHOOMRAT DIRECTOR
    4. Mr. TAN BOCK CHIA DIRECTOR
    5. Mr. CHEW CHOON TEE DIRECTOR
    6. Mr. MONTREE SOCATIYANURAK INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    7. Mr. SOMNUK BOMRUNGSALEE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    01 Oct 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 400.00  400.00  400.00 
    Market Cap (MB.) 856.00  692.00  692.00 
    Price (B./share) 2.14  1.73  1.73 
    BVPS (B./Share) 1.13  1.01  0.92 
    P/BV (X) 1.90  1.72  1.89 
    P/E (X) 8.44  11.32  13.24 
    Turnover Ratio (%) 23.29  14.82  30.67 
    Value Trade/Day (MB.) 1.05  0.45  1.15 
    Beta 0.87  0.62  0.73 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) 23.70  0.00  -31.89 
    Dividend Yield (%) 4.21  5.78  5.78 
    Payout Ratio 0.47  0.72  0.84 
    Dividend Policy At least 40% of net profit after tax and legal reserves, complying with the rules and regulations. It is considered from the financial statement of the Company (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 30 Jun 2020 0.03 Baht 09 Sep 2020 Cash
    01 Jul 2019 - 31 Dec 2019 0.04 Baht 20 May 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.05 Baht 09 Dec 2019 Cash
    01 Jul 2018 - 31 Dec 2018 0.06 Baht 15 May 2019 Cash
    01 Jan 2018 - 30 Jun 2018 0.04 Baht 06 Sep 2018 Cash
    01 Jul 2017 - 31 Dec 2017 0.07 Baht 14 May 2018 Cash
    01 Jan 2017 - 30 Jun 2017 0.03 Baht 12 Dec 2017 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MISS SIRAPORN OUAANUNKUN/EY OFFICE LIMITED
    MRS. CHONLAROS SUNTIASVARAPORN/EY OFFICE LIMITED
    Mr. CHATCHAI KASEMSRITHANAWAT/EY OFFICE LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Cash 76.67 13.56 21.20 25.20 23.50
    A/R Net 172.79 157.99 147.26 167.89 128.80
    Inventories 103.44 89.56 65.49 95.08 67.95
    Current Assets 396.46 320.70 314.88 327.35 334.89
    PP&E Net 96.00 101.21 97.78 105.29 81.31
    Total Assets 586.82 513.10 499.94 521.03 435.70
    OD - 4.30 - 50.20 6.05
    A/P Net 56.35 59.12 30.94 34.61 35.83
    Current portion of LT 2.23 - - - -
    Current Liabilities 74.40 76.37 47.15 101.49 54.87
    Non-Current Liabilities 21.02 17.19 15.04 10.73 9.55
    Total Liabilities 95.42 93.56 62.19 112.22 64.41
    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 134.08 134.08 134.08 134.08 134.08
    Other Surplus (Deficit) 2.81 2.81 2.81 2.81 -
    Retained Earnings (Deficit) 113.91 48.49 66.63 39.57 34.41
    Treasury Stock - - - - -
    Shareholders' Equity 450.61 385.13 403.26 376.27 371.29
    Minority Interest 40.78 34.41 34.49 32.54 -
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    Statement of Comprehensive Income (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Sales 428.82 346.52 669.49 659.45 579.50
    Other Income 7.20 5.72 12.29 8.20 5.04
    Total Revenues 436.02 352.24 681.78 667.65 584.54
    COGs 288.70 243.58 462.09 466.13 414.81
    SG&A 64.12 64.41 125.18 116.59 101.29
    Total Expenses 353.73 307.99 587.27 598.74 522.17
    EBITDA 87.96 49.08 103.88 76.46 68.40
    Depre. & Amor. 5.67 4.83 9.37 7.55 6.03
    EBIT 82.29 44.25 94.51 68.91 62.37
    Net Profit 63.28 33.37 71.50 49.17 47.32
    EPS (B.) 0.16 0.08 0.18 0.12 0.12
    more
    Statement of Cash Flow (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 35.40 78.95 130.19 34.38 73.01
    Investing Cash Flow 39.12 -20.71 -38.27 -63.87 -122.51
    Financing Cash Flow -19.19 -69.76 -95.78 31.56 66.59
    Net Cash Flow 55.33 -11.52 -3.86 2.06 17.08
    more
    Annualized: ROE, ROA
    Ratios 6M/2020  6M/2019  2019  2018 
    Current Ratio (X) 5.33 4.20 6.68 3.23
    ROE (%) 24.27 15.19 18.35 13.15
    ROA (%) 24.10 16.39 18.51 14.41
    D/E (X) 0.21 0.24 0.15 0.30
    Total Asset Turnover (X) 1.39 1.48 1.34 1.40
    Gross Profit Margin (%) 32.68 29.71 30.98 29.31
    EBIT Margin (%) 18.87 12.56 13.86 10.32
    Net Profit Margin (%) 14.51 9.47 10.49 7.36

    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/2020  6M/2019  2019  2018 
    Sales Growth 23.75 20.98 1.52 13.80
    COGs Growth 18.53 22.72 -0.87 12.37
    Total Revenue Growth 23.79 22.06 2.12 14.22
    Total Expense Growth 14.85 20.01 -1.92 14.66
    Net Profit Growth 89.65 32.05 45.43 3.90

    Annualized
    Cash Cycle 6M/2020  6M/2019  2019  2018 
    A/R Turnover (Times) 4.55 4.64 4.25 4.45
    Avg. Collection Period (Days) 80.30 78.67 85.91 82.11
    Inventory Turnover (Times) 5.26 5.36 5.76 5.72
    Avg. Inventory Period (Days) 69.44 68.06 63.41 63.83
    A/P Turnover (Times) 8.79 9.16 14.10 13.23
    Avg. Payment Period (Days) 41.55 39.84 25.89 27.58
    Cash Cycle (Days) 108.19 106.89 123.43 118.35


    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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