Company Summary
MILL MILLCON STEEL PUBLIC COMPANY LIMITED
Industrials/Steel
sSET / SETCLMV
CG Report:   
 
  Data as of 14 Dec 2018  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
1.59 1.88 / 1.29 12.48 1.13 1,733.27 6,889.74 23,371.91 1,615.66 13.09
News
Date/Time Subject
14 Dec 2018 17:24   Form for Reporting Share Repurchases on December 14, 2018
13 Dec 2018 17:48   Form for Reporting Share Repurchases on December 13, 2018
12 Dec 2018 18:37   Form for Reporting Share Repurchases on December 12, 2018
12 Dec 2018 13:21   Form for Reporting Share Repurchases on November 14, 2018 (Revised attachment)
11 Dec 2018 18:50   Form for Reporting Share Repurchases on December 11, 2018
more

Company Profile
Address 9,11,13 Soi Bangkradee 32, Bangkradee Road, Samaedam Sub-district, Bangkhunthian District Bangkok 10150
Telephone 0-2896-4444
Fax 0-2896-4449
URL www.millconsteel.com
  Annual Report 2017
Establish Date 31/07/1998 Listed Date 06/11/2007
IPO Price (Baht) 2.90 @Par1.00 Baht
IPO Financial Advisory
  • KTB SECURITIES CO., LTD.
  • Par 0.40 Baht
    Last Par Change Old 1.00 : New 0.40 @ 10/03/2010

    Market/Industry/Sector Change
    Effective Date 04/01/2011
    Previous Market/Industry/Sector SET  / Property & Construction / Construction Materials
    Current Market/Industry/Sector SET  / Industrials / Steel

    Business
    Millcon Steel PLC Group or MILLCON is a manufacturer and a distributor of a complete range of steel products, of which both domestic and international institutions certify. MILLCON strives for excellent operation capability to create value for all stakeholders with 3 strategic investments: (1) Vertical Integration by investing in construction material distribution companies, (2) Customer-centric Differentiation by investing the manufacture of specialized steel products for automobile manufacturing industry, and (3) Demand-oriented Supply Chain by investing in auxiliary companies. The strategy revolves around the concept ?Think Beyond Steel? where the core business operation is supported and strengthen to create value for customers in every business aspect.

    Free Float 29 Mar 2018 15 Mar 2017
    % /Shareholders
    34.69% 3,266 50.98% 4,807
    Foreign Shareholders 4.41% (As of 14/12/2018) Foreign Limit 49.00%
    NVDR Shareholders  0.70% (As of 14/12/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -3.64 -1.82 -0.99
    20 Days -11.67 -5.50 -9.31
    60 Days -7.56 8.20 -1.08
    120 Days 6.71 29.33 13.37
    YTD -3.64 34.17 5.00
    P/E (X) 12.48 14.77 15.19
    P/BV (X) 1.13 0.68 1.83
    Turnover Ratio (%) 0.10 0.38 0.67

    Top 10 Major Shareholders(@18 Jun 2018) Share %
    1. นาย สิทธิชัย ลีสวัสดิ์ตระกูล 1,514,622,721 34.95
    2. บริษัท เจนเนอรัล เอนจิเนียริ่ง จำกัด (มหาชน) 778,559,998 17.97
    3. ธนาคาร กรุงเทพ จำกัด (มหาชน) 365,442,937 8.43
    4. MR. CHALERMCHAI MAHAGITSIRI 106,666,666 2.46
    5. บริษัท บรุ๊คเคอร์ กรุ๊ป จำกัด (มหาชน) 66,666,666 1.54
    6. THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED, SINGAPORE BRANCH 61,984,000 1.43
    7. นาง สุชาดา ลีสวัสดิ์ตระกูล 60,077,120 1.39
    8. ธนาคาร กรุงเทพ จำกัด (มหาชน) เพื่อการรับจำนำ 58,450,919 1.35
    9. บริษัท ดานิลี่ จำกัด 54,062,089 1.25
    10. UBS AG SINGAPORE BRANCH 53,760,000 1.24

    Management Position
    1. GEN. WINAI PHATTIYAKUL CHAIRMAN OF THE BOARD / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    2. Mr. PRAVIT HORUNGRUANG CHIEF EXECUTIVE OFFICER (ACTING) / PRESIDENT / DIRECTOR
    3. POL. GEN. SOONTORN SAIKWAN VICE CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    4. Miss SUTTIRAT LEESWADTRAKUL DIRECTOR
    5. Miss JUREERAT LAPANAVANICH DIRECTOR
    6. Mr. SOPHON PHOLPRASIT DIRECTOR
    7. Mr. VIPOOTA TRAKULHOON DIRECTOR
    8. MR. TEERAYUTH LERTSIRARANKSON DIRECTOR
    9. Mr. PRATANA BONGKOJMASS INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. APICHART CHIRABANDHU INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. SAKCHAI TANABOONCHAI INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    14 Dec 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 4,333.17  3,862.35  3,862.35 
    Market Cap (MB.) 6,889.74  6,797.73  5,909.39 
    Price (B./share) 1.59  1.65  1.43 
    BVPS (B./Share) 1.50  1.47  1.53 
    P/BV (X) 1.13  1.25  1.00 
    P/E (X) 12.48  N/A  12.82 
    Turnover Ratio (%) 17.59  54.29  90.43 
    Value Trade/Day (MB.) 5.22  14.31  18.54 
    Beta 0.66  0.53  1.35 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -3.64  15.03  31.90 
    Dividend Yield (%) 0.19  N/A  1.25 
    Payout Ratio 0.02  N/A  0.15 
    Dividend Policy Not less than 40% of our net profit after tax and statutory reserve and various reserves as required by law (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2017 - 31 Dec 2017 15.00 : 1.00 Share 25 May 2018 Stock
    01 Jan 2017 - 31 Dec 2017 0.0033 Baht 25 May 2018 Cash
    - 0.02 Baht - Cash
     
    Auditor
    (Effective Until 31/12/2018)
    MISS WANRAYA PUTTASATIEAN/CWWP COMPANY COMPANY LIMITED
    MR. CHERDSAKUL ONMONGKOL/CWWP COMPANY COMPANY LIMITED
    MISS WARAPORN INTARAPRASIT/CWWP COMPANY COMPANY 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/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash 630.16 683.00 553.49 563.99 468.68
    A/R Net 2,111.45 1,355.32 1,208.31 1,963.22 2,650.62
    Inventories 5,156.51 4,481.29 3,754.58 3,392.41 2,297.53
    Current Assets 9,635.76 8,355.17 7,337.45 7,403.48 7,839.39
    PP&E Net 10,578.62 9,083.88 9,095.49 9,188.76 10,556.33
    Total Assets 23,723.34 18,620.34 17,640.60 17,850.53 19,235.95
    OD 9,748.23 9,513.10 7,244.45 8,569.21 10,746.04
    A/P Net 2,705.91 1,706.54 936.59 914.28 691.68
    Current portion of LT 309.37 1.82 123.37 280.79 26.09
    Current Liabilities 13,683.57 12,365.02 9,631.79 11,403.13 12,301.19
    Non-Current Liabilities 3,389.58 255.98 2,082.34 624.32 1,116.84
    Total Liabilities 17,073.15 12,621.00 11,714.13 12,027.45 13,418.04
    Authorized Capital 2,773.51 2,114.24 2,114.24 2,256.45 2,256.45
    Paid-Up Capital 1,810.11 1,621.79 1,621.79 1,621.79 1,621.76
    Premium (Discount) on Share Capital 3,890.22 3,673.19 3,673.19 3,673.19 3,673.10
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 770.04 343.50 286.35 138.37 -44.73
    Treasury Stock 109.41 - - - -
    Shareholders' Equity 6,687.85 5,964.31 5,897.51 5,788.89 5,776.15
    Minority Interest -37.66 35.02 28.97 34.19 41.76
    more
    Statement of Comprehensive Income (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Sales 15,635.84 15,575.24 19,982.68 19,213.59 12,330.52
    Other Income 1,368.93 165.97 151.40 486.87 1,274.89
    Total Revenues 17,004.78 15,741.21 20,134.08 19,700.47 13,605.41
    COGs 14,968.83 14,359.17 18,513.54 17,596.49 11,552.52
    SG&A 516.26 630.73 724.39 898.60 634.39
    Total Expenses 15,641.98 15,064.02 19,360.11 18,696.01 12,190.46
    EBITDA 1,615.66 893.41 1,062.99 1,220.85 1,628.11
    Depre. & Amor. 252.87 216.23 289.03 216.39 213.16
    EBIT 1,362.79 677.19 773.97 1,004.46 1,414.95
    Net Profit 662.65 205.12 146.95 395.50 683.90
    EPS (B.) 0.15 0.05 0.03 0.10 0.21
    more
    Statement of Cash Flow (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow -1,153.09 568.56 1,144.15 316.12 -2,064.94
    Investing Cash Flow 667.29 -148.64 -409.19 144.86 -590.62
    Financing Cash Flow 564.70 -126.85 -591.07 -321.48 2,928.64
    Net Cash Flow 78.89 293.07 143.89 139.49 273.09
    more
    Annualized: ROE, ROA
    Ratios 9M/2018  9M/2017  2017  2016 
    Current Ratio (X) 0.70 0.68 0.76 0.65
    ROE (%) 9.56 -1.40 2.51 6.84
    ROA (%) 6.89 2.96 4.36 5.42
    D/E (X) 2.55 2.12 1.99 2.08
    Total Asset Turnover (X) 1.01 1.10 1.13 1.06
    Gross Profit Margin (%) 4.27 7.81 7.35 8.42
    EBIT Margin (%) 8.01 4.30 3.84 5.10
    Net Profit Margin (%) 3.90 1.30 0.73 2.01

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    04 Jun 2018 XD 270,818,290 4,333,167,220 0.40
    19 Mar 2018 PP 200,000,000 4,062,348,930 0.40
    16 Dec 2015 PP 300,000,000 3,414,708,896 0.40

    Growth Rate (%) 9M/2018  9M/2017  2017  2016 
    Sales Growth 0.39 7.09 4.00 55.82
    COGs Growth 4.25 8.03 5.21 52.32
    Total Revenue Growth 8.03 4.65 2.20 44.80
    Total Expense Growth 3.84 8.29 3.55 53.37
    Net Profit Growth 223.05 -70.10 -62.85 -42.17

    Annualized
    Cash Cycle 9M/2018  9M/2017  2017  2016 
    A/R Turnover (Times) 11.56 10.43 12.60 8.33
    Avg. Collection Period (Days) 31.57 35.00 28.97 43.82
    Inventory Turnover (Times) 3.97 4.71 5.18 6.19
    Avg. Inventory Period (Days) 91.98 77.45 70.45 59.01
    A/P Turnover (Times) 8.67 10.91 20.01 21.91
    Avg. Payment Period (Days) 42.11 33.47 18.25 16.66
    Cash Cycle (Days) 81.43 78.98 81.17 86.18


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    Market Alert (Latest)
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    Only Preferred Share and Warrants
    Other Securities
    Securities Name MILL-W3, MILL-W4, MILL-W5

    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
    The Information is provided for informative and educational purposes only.