Company Summary
POLAR POLARIS CAPITAL PUBLIC COMPANY LIMITED
Property & Construction/Property Development
SET
CG Report:   -
NC 14 Nov 2017
  Data as of 25 Sep 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
0.09 - - - 255,448.55 - - -692.21 -
News
Date/Time Subject
03 Sep 2020 08:45   SET announces additional causes of possible delisting of IFEC and POLAR
01 Sep 2020 17:03   Listed company that fails to submit information and report under section 56 as of August 31, 2020
24 Aug 2020 07:36   Appointment of Audit Committee and Acknowledgment of Independent Directors
17 Aug 2020 09:28   SP signs posted on listed companies for failure to submit financial statements ending June 30, 2020
03 Aug 2020 17:04   Listed company that fails to submit information and report under section 56 as of July 31, 2020
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Company Profile
Address No. 349, SJ Infinite One Business Complex 12nd Floor, room no. 1207, Vibhavadi Rangsit Rd., Chompol sub-district, Chatuchak Bangkok 10900
Telephone 0-2931-2994,0-2514-2735-9
Fax 0-2931-2997
URL www.polariscap.co.th
Establish Date 29/9/1972 Listed Date 16/08/1990
IPO Price (Baht) 66.00 @Par10.00 Baht
IPO Financial Advisory N/A
Par 30.00 Baht
Last Par Change Old 1.00 : New 30.00 @ 15/01/2015

Market/Industry/Sector Change
Effective Date 01/08/2008
Previous Market/Industry/Sector SET  / - / Companies Under Rehabilitation
Current Market/Industry/Sector SET  / Property & Construction / Property Development

Business
The Company and subsidiaries engaged in business of property development for sales both horizontal and vertical projects.

Free Float 11 Apr 2016 10 Mar 2015
% /Shareholders
99.77% 11,523 99.99% 12,175
Foreign Shareholders 0.02% (As of 25/09/2020) Foreign Limit 49.00%
NVDR Shareholders  0.31% (As of 25/09/2020)
5 Yr Price Performance (Adjusted Price)

Top 10 Major Shareholders(@28 May 2020) Share %
1. MR. Natsan Nanavaratorn 1,400,000,000 16.44
2. นาย ทิศชวน นานาวราทร 1,359,999,000 15.97
3. นาย ธนภัทร ตันติเสเวกุล 873,753,200 10.26
4. MR. PRAVIT CHINPRASERT 431,735,965 5.07
5. น.ส. TATCHAMON NANAVARATORN 420,000,000 4.93
6. นาง อุษณี กมลสันติสุข 420,000,000 4.93
7. บริษัท E S T HOLDINGS CO.,LTD. 216,000,000 2.54
8. นาย พรชัย ตั้งถาวรสิริกุล 175,230,000 2.06
9. น.ส. อุดมลักษณ์ พูลวรลักษณ์ 172,000,000 2.02
10. MRS. SUDJAI WUTHISAKSILP 170,006,665 2.00

Management Position
1. Mr. TISCHUAN NANAVARATORN CHAIRMAN OF THE BOARD OF DIRECTORS
2. Mr. PHURICH NANAVARATORN MANAGING DIRECTOR / DIRECTOR
3. Mrs. ORASA TEERAKUL DIRECTOR
4. Mr. ANUWIT TANTISEWEKUL DIRECTOR
5. Mr. TEETHACH TEERAKUL DIRECTOR
6. Mr. KANCHAYUT TANTISEWEKUL DIRECTOR
7. Mrs. USANEE KAMOLSANTISOOK DIRECTOR
8. Mr. NATSAN NANAVARATORN DIRECTOR
9. Mr. URUCHA CHANNGOM DIRECTOR
10. Mr. KHONGKRIT NANAVARATORN DIRECTOR
11. Mr. PIYATHAT KONGMONGKOL DIRECTOR
12. Mr. JIRANROJ NAPATANAWAT DIRECTOR
13. POL. MAJ. GEN. SAHASCHAI INDRASUKHSRI INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
14. Mr. VETIS SANISARA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
15. Mr. CHAROEN TANGSIRIWONG INDEPENDENT DIRECTOR / AUDIT COMMITTEE
Accumulated: Turnover Ratio, Value Trade/Day
Statistics YTD
25 Sep 2020		 2019
30 Dec 2019		 2018
28 Dec 2018
Listed share (M.) 8,514.95  8,514.95  8,514.95 
Market Cap (MB.) -  -  - 
Price (B./share) 0.09  0.09  0.15 
BVPS (B./Share) 0.54  0.54  0.54 
P/BV (X) -  -  - 
P/E (X) -  -  - 
Turnover Ratio (%) N/A  31.32  N/A 
Value Trade/Day (MB.) -  1.15  - 
Beta -  -  - 
 
Rate of Return YTD  2019  2018 
Price Change (%) 0.00  -40.00  0.00 
Dividend Yield (%) -  -  - 
Payout Ratio -  -  - 
Dividend Policy Not less than 40 percent of net profit after all provisions (with additional conditions)

Dividend
Operation Period Dividend/Share Unit Payment Date Type
No Information Found
 
Auditor
(Effective Until 31/12/2020)
MISS SIRADA JARUTAKANONT/SIAM TRUTH AUDIT COMPANY LIMITED
MR. BUNJONG PICHAYAPRASAT/SIAM TRUTH AUDIT COMPANY LIMITED
MISS KHAYMANUNDT CHAICHUEN/SIAM TRUTH AUDIT COMPANY LIMITED
MR. KRAISIT SILAPAMONGKONKUL/SIAM TRUTH AUDIT 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.) 2016 
(01/01/16 
-31/12/16) 		 2015 
(01/01/15 
-31/12/15) 		 2014 
(01/01/14 
-31/12/14) 		 2013 
(01/01/13 
-31/12/13) 
Cash 53.02 108.83 709.29 416.84
A/R Net 45.82 35.78 31.36 26.14
Inventories 54.29 382.28 488.65 527.08
Current Assets 281.99 892.60 1,697.75 974.15
PP&E Net 27.29 33.79 26.09 10.26
Total Assets 5,044.96 6,472.37 3,398.72 1,733.08
OD 69.27 174.78 201.48 45.00
A/P Net 36.92 53.05 59.66 48.72
Current portion of LT 31.43 54.36 59.54 166.31
Current Liabilities 245.02 520.01 337.26 282.62
Non-Current Liabilities 219.93 447.92 122.08 167.10
Total Liabilities 464.95 967.92 459.34 449.72
Authorized Capital 995,806.61 995,806.61 59,082.30 22,083.60
Paid-Up Capital 255,448.55 255,448.55 52,799.08 12,799.08
Premium (Discount) on Share Capital -248,724.50 -248,724.50 -48,893.09 -10,509.09
Other Surplus (Deficit) -0.24 -0.24 -2.90 -2.90
Retained Earnings (Deficit) -2,110.73 -1,128.83 -963.71 -1,003.73
Treasury Stock - - - -
Shareholders' Equity 4,580.01 5,504.44 2,939.38 1,283.35
Minority Interest -0.00 -0.00 -0.00 -0.00
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Statement of Comprehensive Income (MB.) 2016 
(01/01/16 
-31/12/16) 		 2015 
(01/01/15 
-31/12/15) 		 2014 
(01/01/14 
-31/12/14) 		 2013 
(01/01/13 
-31/12/13) 
Sales 207.89 194.85 244.09 123.94
Other Income 82.55 73.45 102.80 82.49
Total Revenues 290.44 281.14 355.14 206.68
COGs 259.50 202.56 198.90 153.56
SG&A 104.61 71.46 93.06 86.77
Total Expenses 1,025.33 410.38 291.96 307.97
EBITDA -692.21 -82.70 110.42 -57.69
Depre. & Amor. 42.68 46.54 47.24 43.59
EBIT -734.89 -129.24 63.19 -101.28
Net Profit -754.50 -162.73 40.02 -125.66
EPS (B.) -0.09 -0.03 0.00 -0.02
more
Statement of Cash Flow (MB.) 2016 
(01/01/16 
-31/12/16) 		 2015 
(01/01/15 
-31/12/15) 		 2014 
(01/01/14 
-31/12/14) 		 2013 
(01/01/13 
-31/12/13) 
Operating Cash Flow 123.48 -334.38 -173.31 -249.25
Investing Cash Flow 168.20 -3,592.06 -963.35 -468.68
Financing Cash Flow -347.48 3,325.98 1,429.11 929.10
Net Cash Flow -55.80 -600.47 292.45 211.16
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Annualized: ROE, ROA
Ratios 2016  2015  2014 
Current Ratio (X) 1.15 1.72 5.03
ROE (%) -14.96 -3.85 1.90
ROA (%) -12.76 -2.62 2.46
D/E (X) 0.10 0.18 0.16
Total Asset Turnover (X) 0.05 0.06 0.14
Gross Profit Margin (%) -24.83 -3.96 18.51
EBIT Margin (%) -253.03 -45.97 17.79
Net Profit Margin (%) -259.78 -57.88 11.27

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 (%) 2016  2015  2014 
Sales Growth 6.69 -20.17 96.95
COGs Growth 28.11 1.84 29.53
Total Revenue Growth 3.31 -20.84 71.83
Total Expense Growth 149.85 40.56 -5.20
Net Profit Growth N/A N/A N/A

Annualized
Cash Cycle 2016  2015  2014 
A/R Turnover (Times) 5.10 5.80 8.49
Avg. Collection Period (Days) 71.63 62.88 42.99
Inventory Turnover (Times) 1.19 0.47 0.39
Avg. Inventory Period (Days) 307.03 784.70 931.98
A/P Turnover (Times) 5.77 3.59 3.67
Avg. Payment Period (Days) 63.28 101.55 99.44
Cash Cycle (Days) 315.39 746.03 875.53


Trading Sign (Latest)
Trading Alert Posted Date Lifted Date
SP 16 May 2018 -
NP 18 Apr 2017 -

Market Alert (Latest)
Investor Alert 21 Jul 2020
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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.
Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
The Information is provided for informative and educational purposes only.