Company Summary
PIMO PIONEER MOTOR 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 2.26 / 0.62 27.07 2.78 154.12 1,319.24 1,471.28 43.86 19.14
News
Date/Time Subject
14 Aug 2020 08:57   "H" sign lifted from PIMO's securities
13 Aug 2020 17:13   Financial Performance Quarter 2 (F45) (Reviewed) Revise
13 Aug 2020 17:07   Resolution of the interim dividend payment
13 Aug 2020 17:05   Financial Statement Quarter 2/2020 (Reviewed)
13 Aug 2020 14:08   The SET posts "H" sign against the securities of PIMO
more

Company Profile
Address 78, 78/4, 78/5 Moo3 Dontoom-Nakornchaisri Rd., Donfaek, Nakornchaisri Nakorn Phathom 73120
Telephone 0-3426-5111-8
Fax 0-3426-5119
URL www.pioneermotor.th.com
Establish Date 12/9/2001 Listed Date 13/08/2015
IPO Price (Baht) 1.30 @Par0.25 Baht
IPO Financial Advisory
  • ASSET PRO MANAGEMENT COMPANY LIMITED
    		•
    Par 0.25 Baht
    Last Par Change N/A

    Business
    The Company manufactures and sells air conditioner motors, induction motors, submersible pumps and pool & spa pump motors, as per customers orders (OEM) and under the brand Pioneer Motor, a brand of its own.

    Free Float 06 Mar 2020 12 Mar 2019
    % /Shareholders
    27.66% 1,494 15.16% 774
    Foreign Shareholders 0.26% (As of 01/10/2020) Foreign Limit 49.00%
    NVDR Shareholders  0.90% (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 -1.83 -4.00 -2.23
    20 Days 25.88 18.38 21.70
    60 Days 76.86 68.96 66.24
    120 Days 167.50 92.31 81.51
    YTD 73.98 57.73 69.46
    P/E (X) 27.07 30.77 34.18
    P/BV (X) 2.78 1.18 1.66
    Turnover Ratio (%) 1.13 0.46 0.24

    Top 10 Major Shareholders(@27 Aug 2020) Share %
    1. น.ส. ปรางวดี อิทธิโรจนกุล 67,642,740 10.97
    2. น.ส. ชิดชนก อิทธิโรจนกุล 65,577,840 10.64
    3. น.ส. นรีรัตน์ อิทธิโรจนกุล 64,978,100 10.54
    4. น.ส. สิริรัตน์ อิทธิโรจนกุล 64,966,700 10.54
    5. นาย ปภัสร์ อิทธิโรจนกุล 64,966,600 10.54
    6. นาย วสุพล อิทธิโรจนกุล 55,993,520 9.08
    7. MR. VARUD WANNAIAMPIKUL 54,448,500 8.83
    8. MR. BOONCHAI PHIPHATTHANASIRIKUN 15,300,000 2.48
    9. MR. PREECHA UA-ANANTATHANAKUL 10,900,400 1.77
    10. MR. VAMIL HORSANGCHAI 6,949,300 1.13

    Management Position
    1. Mr. SATIAN POOPRASERT CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. WASUN ITTHIROJANAKUL MANAGING DIRECTOR / DIRECTOR
    3. Miss SIRIRAT ITTHIROJANAKUL DIRECTOR
    4. Mrs. PODJAMARN WONGSUWAN DIRECTOR
    5. Mr. CHRISTOPHER TAPE DIRECTOR
    6. Miss JIRAYONG ANUMAN-RAJADHON INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    7. Mrs. PENNAPHA DHANASARNSILP INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Pol.Lt.Gen. SAKDA TECHAKRIENGKRAI 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.) 616.47  616.47  520.00 
    Market Cap (MB.) 1,319.24  758.25  2,537.60 
    Price (B./share) 2.14  1.23  4.88 
    BVPS (B./Share) 0.77  0.73  0.60 
    P/BV (X) 2.78  1.68  8.08 
    P/E (X) 27.07  27.06  215.65 
    Turnover Ratio (%) 230.20  179.09  54.93 
    Value Trade/Day (MB.) 12.67  7.32  3.77 
    Beta 1.22  1.46  0.40 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) 73.98  -74.80  155.50 
    Dividend Yield (%) 0.84  0.89  0.41 
    Payout Ratio 0.46  0.24  0.88 
    Dividend Policy Not less than 40% of net profit after deduction of corporate income tax and legal reserves. There will be no signification effect, if there is no necessary event and the dividend payment has no effect on the Company?s profit

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 30 Jun 2020 0.018 Baht 11 Sep 2020 Cash
    01 Jan 2019 - 31 Dec 2019 0.018 Baht 21 May 2020 Cash
    01 Jan 2018 - 31 Dec 2018 0.013 Baht 21 May 2019 Cash
    01 Jan 2017 - 31 Dec 2017 0.02 Baht 21 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MR. PRADIT RODLOYTUK/AST MASTER CO., LTD.
    MRS. PORNTIP LERTTHANONGSAK/AST MASTER CO., LTD.
    MS. CHAMAPORN RODLOYTUK/AST MASTER CO., LTD.
    		F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    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 18.54 13.09 9.68 5.98 3.70
    A/R Net 121.93 114.41 116.73 98.45 94.53
    Inventories 133.65 126.28 128.46 113.43 103.48
    Current Assets 410.93 426.27 409.48 246.92 246.12
    PP&E Net 224.61 223.60 225.55 194.32 201.35
    Total Assets 644.84 658.80 644.89 454.25 455.77
    OD - - - - -
    A/P Net 118.20 125.83 120.35 100.42 95.70
    Current portion of LT 2.57 8.45 8.72 5.08 10.45
    Current Liabilities 142.57 179.01 143.78 115.23 121.93
    Non-Current Liabilities 28.01 41.11 46.26 18.16 20.50
    Total Liabilities 170.58 220.13 190.05 133.40 142.43
    Authorized Capital 156.00 156.00 156.00 156.00 156.00
    Paid-Up Capital 154.12 154.12 154.12 130.30 130.00
    Premium (Discount) on Share Capital 207.58 207.58 207.58 117.06 115.94
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 112.56 76.98 93.15 73.50 67.41
    Treasury Stock - - - - -
    Shareholders' Equity 474.26 438.67 454.85 320.86 313.35
    Minority Interest - - - - -
    more
    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 339.56 325.39 645.78 552.91 573.72
    Other Income 8.24 9.27 18.00 16.36 13.57
    Total Revenues 347.80 334.66 663.78 569.27 587.28
    COGs 272.08 275.55 539.29 470.22 470.04
    SG&A 44.72 46.36 91.50 79.06 88.12
    Total Expenses 316.80 321.91 630.79 549.28 558.16
    EBITDA 43.86 24.01 57.03 42.09 48.14
    Depre. & Amor. 12.85 11.26 24.03 22.10 19.01
    EBIT 31.01 12.75 32.99 19.99 29.13
    Net Profit 30.51 10.25 28.48 16.50 23.47
    EPS (B.) 0.05 0.02 0.05 0.03 0.05
    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 33.98 25.90 38.66 26.40 50.32
    Investing Cash Flow 11.68 -143.07 -160.96 -4.44 -35.27
    Financing Cash Flow -36.81 124.29 126.00 -19.69 -32.04
    Net Cash Flow 8.86 7.12 3.71 2.27 -16.99
    more
    Annualized: ROE, ROA
    Ratios 6M/2020  6M/2019  2019  2018 
    Current Ratio (X) 2.88 2.38 2.85 2.14
    ROE (%) 10.68 5.06 7.34 5.20
    ROA (%) 7.86 4.08 6.00 4.39
    D/E (X) 0.36 0.50 0.42 0.42
    Total Asset Turnover (X) 1.04 1.06 1.21 1.25
    Gross Profit Margin (%) 19.87 15.32 16.49 14.96
    EBIT Margin (%) 8.92 3.81 4.97 3.51
    Net Profit Margin (%) 8.77 3.06 4.29 2.90

    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 4.35 13.67 16.80 -3.63
    COGs Growth -1.26 12.07 14.69 0.04
    Total Revenue Growth 3.93 13.31 16.60 -3.07
    Total Expense Growth -1.59 12.53 14.84 -1.59
    Net Profit Growth 197.66 31.48 72.55 -29.69

    Annualized
    Cash Cycle 6M/2020  6M/2019  2019  2018 
    A/R Turnover (Times) 5.58 5.41 6.00 5.73
    Avg. Collection Period (Days) 65.36 67.53 60.81 63.70
    Inventory Turnover (Times) 4.12 4.03 4.46 4.34
    Avg. Inventory Period (Days) 88.53 90.62 81.86 84.19
    A/P Turnover (Times) 4.39 3.84 4.89 4.80
    Avg. Payment Period (Days) 83.12 94.96 74.71 76.12
    Cash Cycle (Days) 70.78 63.19 67.95 71.76


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    H 13 Aug 2020 14 Aug 2020

    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.