Company Summary
PAP PACIFIC PIPE PUBLIC COMPANY LIMITED
Industrials/Steel
SET
CG Report:   
 
  Data as of 25 Nov 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
2.70 2.80 / 1.61 11.38 0.74 660.00 1,782.00 3,509.61 295.51 9.29
News
Date/Time Subject
11 Nov 2020 17:10   Financial Performance Quarter 3 (F45) (Reviewed)
11 Nov 2020 17:10   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
11 Nov 2020 17:09   Financial Statement Quarter 3/2020 (Reviewed)
30 Oct 2020 17:02   Invitation to Shareholders to propose the 2021 Annual General Meeting of Shareholders agenda and to nominate persons to be elected as directors
13 Aug 2020 18:16   Financial Performance Quarter 2 (F45) (Reviewed)
more

Company Profile
Address LUMPINI TOWER, FLOOR 26, 1168/74 RAMA IV ROAD Bangkok 10120
Telephone 0-2679-9000
Fax 0-2679-9075
URL http://www.pacificpipe.co.th
  Annual Report 2019
Establish Date 19/09/1991 Listed Date 08/11/2004
IPO Price (Baht) 45.00 @Par10.00 Baht
IPO Financial Advisory
  • TISCO SECURITIES COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 5.00 : New 1.00 @ 13/08/2008

    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
    The Company manufactures and distributes steel pipes, produced by process of electric resistance welded production system. The Company's products can be categorized into 2 types, which are black steel pipes and galvanized steel pipes. Each type has 2 grades, which are standard grade and commercial grade. Steel pipes with standard grade is labeled and sold under Pacific Pipe while steel pipes with commercial grade is labeled and sold under Tamose.

    Free Float 06 Mar 2020 13 Mar 2019
    % /Shareholders
    25.57% 2,427 25.55% 2,727
    Foreign Shareholders 0.55% (As of 25/11/2020) Foreign Limit 49.00%
    NVDR Shareholders  0.70% (As of 25/11/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 0.75 -1.89 -2.89
    20 Days 5.47 -2.06 -9.59
    60 Days 6.30 0.39 -1.19
    120 Days 13.45 -1.11 5.85
    YTD 21.62 23.98 35.72
    P/E (X) 11.38 N/A 27.95
    P/BV (X) 0.74 0.53 1.59
    Turnover Ratio (%) 0.03 0.02 1.39

    Top 10 Major Shareholders(@06 Mar 2020) Share %
    1. บริษัท ตั้งหมงเส็ง โฮลดิ้ง จำกัด 257,762,500 39.05
    2. น.ส. สิรี คูวุฒยากร 25,500,000 3.86
    3. MR. Suppanat Lekapojpanich 25,000,000 3.79
    4. MISS Nattaporn Lekapojpanich 25,000,000 3.79
    5. น.ส. นลิน เลขะพจน์พานิช 24,250,000 3.67
    6. นาย คณิน เลขะพจน์พานิช 24,250,000 3.67
    7. นาง สุกัญญา เลขะพจน์พานิช 17,822,500 2.70
    8. MRS. Sasithorn Lekapojpanich 17,812,500 2.70
    9. นาง สุมาลี เลขะพจน์พานิช 17,812,500 2.70
    10. MISS Wareeya Lekapojpanich 15,000,000 2.27

    Management Position
    1. Mr. SOMCHAI LEKAPOJPANICH CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mrs. AEIMPORN PUNYASAI CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Miss VIRIYA AMPORNAPAKUL DIRECTOR
    4. Mr. VICHARN ARAMVAREEKUL INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    5. Miss PIYANUS CHAIKAJORNWAT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    6. Mr. KRIENGKRAI RUKKULCHON INDEPENDENT DIRECTOR
    7. Mrs. UDOMWARA DECHSONGJARUS INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    25 Nov 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 660.00  660.00  660.00 
    Market Cap (MB.) 1,782.00  1,465.20  2,257.20 
    Price (B./share) 2.70  2.22  3.42 
    BVPS (B./Share) 3.66  3.68  3.69 
    P/BV (X) 0.74  0.60  0.93 
    P/E (X) 11.38  52.10  13.00 
    Turnover Ratio (%) 3.92  4.66  8.83 
    Value Trade/Day (MB.) 0.27  0.38  1.15 
    Beta 0.41  0.23  0.44 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) 21.62  -35.09  -32.28 
    Dividend Yield (%) 10.00  2.25  11.40 
    Payout Ratio 1.14  1.17  1.48 
    Dividend Policy Not less than 40% of the net profit after corporate income tax and legal reserve (with additional conditons)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2019 - 31 Dec 2019 0.27 Baht 15 May 2020 Cash
    01 Jan 2018 - 31 Dec 2018 0.05 Baht 16 May 2019 Cash
    01 Jan 2017 - 31 Dec 2017 0.39 Baht 16 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MISS SUPANNEE TRIYANANTAKUL/EY OFFICE LIMITED
    MISS WATOO KAYANKANNAVEE/EY OFFICE LIMITED
    MR. PREECHA ARUNNARA/EY OFFICE 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 222.14 419.65 282.05 379.00 475.11
    A/R Net 846.96 1,077.81 915.83 1,025.85 918.56
    Inventories 1,462.51 1,349.81 1,312.63 1,501.57 1,456.41
    Current Assets 2,550.76 2,987.06 2,555.20 3,030.34 2,891.49
    PP&E Net 1,776.13 1,823.59 1,808.84 1,852.59 1,925.62
    Total Assets 4,366.03 4,841.35 4,390.37 4,914.76 4,844.54
    OD 1,541.87 2,083.33 1,614.52 2,192.58 1,896.39
    A/P Net 193.49 127.80 146.79 115.46 145.84
    Current portion of LT 6.47 - - - -
    Current Liabilities 1,772.84 2,263.54 1,789.41 2,346.04 2,108.53
    Non-Current Liabilities 176.91 146.72 142.01 148.24 154.80
    Total Liabilities 1,949.75 2,410.27 1,931.42 2,494.28 2,263.33
    Authorized Capital 660.00 660.00 660.00 660.00 660.00
    Paid-Up Capital 660.00 660.00 660.00 660.00 660.00
    Premium (Discount) on Share Capital 514.84 514.84 514.84 514.84 514.84
    Other Surplus (Deficit) 1.01 1.01 1.01 1.01 1.01
    Retained Earnings (Deficit) 848.26 869.95 897.81 859.34 1,020.08
    Treasury Stock - - - - -
    Shareholders' Equity 2,416.28 2,431.08 2,458.94 2,420.48 2,581.22
    Minority Interest - - - - -
    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 5,592.16 7,204.57 9,148.42 9,694.62 8,034.30
    Other Income 63.36 150.08 188.53 248.07 181.42
    Total Revenues 5,655.52 7,354.65 9,336.94 9,942.69 8,215.72
    COGs 5,131.11 6,899.00 8,724.26 9,279.39 7,365.09
    SG&A 332.98 356.63 465.40 489.70 446.12
    Total Expenses 5,464.09 7,255.63 9,189.66 9,769.09 7,811.21
    EBITDA 295.51 199.38 281.55 305.02 527.42
    Depre. & Amor. 104.08 100.36 134.26 131.42 122.92
    EBIT 191.43 99.02 147.29 173.60 404.50
    Net Profit 128.66 43.63 71.52 94.00 292.42
    EPS (B.) 0.19 0.07 0.11 0.14 0.44
    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 223.51 246.96 592.15 -79.68 -159.92
    Investing Cash Flow -25.98 -64.05 -77.72 -55.24 -189.23
    Financing Cash Flow -257.44 -142.26 -611.39 38.81 378.34
    Net Cash Flow -59.91 40.64 -96.96 -96.11 29.18
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 1.44 1.32 1.43 1.29
    ROE (%) 6.46 1.16 2.93 3.76
    ROA (%) 5.21 1.79 3.17 3.56
    D/E (X) 0.81 0.99 0.79 1.03
    Total Asset Turnover (X) 1.66 1.89 2.01 2.04
    Gross Profit Margin (%) 8.24 4.24 4.64 4.28
    EBIT Margin (%) 3.38 1.35 1.58 1.75
    Net Profit Margin (%) 2.27 0.59 0.77 0.95

    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 -22.38 -2.37 -5.63 20.67
    COGs Growth -25.63 -1.68 -5.98 25.99
    Total Revenue Growth -23.10 -2.89 -6.09 21.02
    Total Expense Growth -24.69 -1.86 -5.93 25.06
    Net Profit Growth 194.90 -60.16 -23.91 -67.86

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 7.83 8.54 9.42 9.97
    Avg. Collection Period (Days) 46.61 42.72 38.73 36.60
    Inventory Turnover (Times) 4.95 5.55 6.20 6.27
    Avg. Inventory Period (Days) 73.78 65.81 58.87 58.18
    A/P Turnover (Times) 43.30 56.91 66.53 71.03
    Avg. Payment Period (Days) 8.43 6.41 5.49 5.14
    Cash Cycle (Days) 111.96 102.11 92.12 89.64


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    No Information Found

    Market Alert (Latest)
    No Information Found
    more

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