Company Summary
PSL PRECIOUS SHIPPING PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
sSET
CG Report:   
 
  Data as of 29 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
5.45 9.30 / 2.38 N/A 0.82 1,559.29 8,498.14 20,676.53 -359.47 34.11
News
Date/Time Subject
21 Sep 2020 17:03   Reporting on partial early redemption of the PSL211A Debentures
18 Sep 2020 17:12   Reporting on partial early redemption of the PSL206A Debentures
10 Aug 2020 17:32   Financial Statement Quarter 2/2020 (Reviewed)
10 Aug 2020 17:32   Financial Performance Quarter 2 (F45) (Reviewed)
10 Aug 2020 17:32   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2020
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Company Profile
Address No. 8, North Sathorn Road, G, 7th, 8th and 9th floors, Silom, Bangrak Bangkok 10500
Telephone 0-2696-8800
Fax 0-2236-7654, 0-2633-8460
URL www.preciousshipping.com
  Annual Report 2019
Establish Date 1/12/1989 Listed Date 16/09/1993
IPO Price (Baht) 85.00 @Par10.00 Baht
IPO Financial Advisory
  • THANACHART CAPITAL PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 22/09/2003

    Business
    The Company is one of largest pure dry cargo ship-owning companies operating in the small handy size sector of the tramp freight market. Its operation covers the entire world, divided evenly across five regions : USA/Canada, Europe, Latin America-Africa, Indian sub-continent-Middle East, and South East & Far East Asia. Principal cargoes are agricultural products, steels, fertilizers, ores and concentrated, logs, coke and other items.

    Free Float 27 May 2020 25 Feb 2019
    % /Shareholders
    46.81% 7,459 46.85% 5,661
    Foreign Shareholders 29.98% (As of 29/09/2020) Foreign Limit 49.00%
    NVDR Shareholders  4.82% (As of 29/09/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 23.86 25.52 24.88
    20 Days 12.14 12.55 18.02
    60 Days 3.81 8.54 9.79
    120 Days 108.02 81.35 81.95
    YTD -28.29 -7.71 -9.90
    P/E (X) N/A N/A 21.57
    P/BV (X) 0.82 3.02 1.42
    Turnover Ratio (%) 1.03 0.23 0.74

    Top 10 Major Shareholders(@27 May 2020) Share %
    1. บริษัท โกลเบ๊กซ์ คอร์ปอเรชั่น จำกัด 442,857,535 28.40
    2. MR. KHALID MOINUDDIN HASHIM 131,386,275 8.43
    3. บริษัท เกรนเทรด จำกัด 130,086,266 8.34
    4. บริษัท Thai NVDR Company Limited 112,162,792 7.19
    5. MISS Nishita Shah 108,050,249 6.93
    6. STATE STREET EUROPE LIMITED 68,677,445 4.40
    7. กองทุนเปิด กรุงศรีหุ้นระยะยาวแอ๊คทีฟ SET 50 ปันผล 22,729,100 1.46
    8. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 19,601,912 1.26
    9. BANQUE PICTET & CIE SA 14,428,500 0.93
    10. บริษัท ยูนิสเตรทช์ จำกัด 11,465,009 0.74

    Management Position
    1. Mr. CHAIPATR SRIVISARVACHA CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mr. KHALID MOINUDDIN HASHIM MANAGING DIRECTOR / DIRECTOR
    3. Mr. KHUSHROO KALI WADIA DIRECTOR
    4. Miss NISHITA SHAH DIRECTOR
    5. Mr. KIRIT SHAH DIRECTOR
    6. Mr. ISHAAN SHAH DIRECTOR
    7. Mr. GAUTAM KHURANA DIRECTOR
    8. Miss SIRASA SUPAWASIN DIRECTOR
    9. Mr. KAMTORN SILA-ON INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Miss PAVIDA PANANOND INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mrs. LYN YEN KOK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. Miss PENSRI SUTEERASARN INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    29 Sep 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 1,559.29  1,559.29  1,559.29 
    Market Cap (MB.) 8,498.14  11,850.62  13,487.87 
    Price (B./share) 5.45  7.60  8.65 
    BVPS (B./Share) 6.66  7.52  8.04 
    P/BV (X) 0.82  1.01  1.08 
    P/E (X) N/A  N/A  32.48 
    Turnover Ratio (%) 193.52  113.93  75.26 
    Value Trade/Day (MB.) 78.66  60.95  58.09 
    Beta 1.32  1.82  1.23 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) -28.29  -12.14  -17.62 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio N/A  N/A 
    Dividend Policy Not less than 25% of its Net Profit after taxes and appropriation to any reserves required by law

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2020)
    MISS VISSUTA JARIYATHANAKORN/EY OFFICE LIMITED
    MR. TERMPHONG OPANAPHAN/EY OFFICE LIMITED
    MR. KHITSADA LERDWANA/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.) 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 894.51 1,459.83 1,181.18 1,842.83 1,853.62
    A/R Net 136.99 206.06 182.61 254.21 193.41
    Inventories - - 176.49 95.95 56.02
    Current Assets 3,023.12 1,957.22 1,680.52 2,317.15 2,250.59
    PP&E Net 20,081.43 20,824.37 20,097.55 22,409.26 23,474.67
    Total Assets 23,454.80 26,028.42 25,060.55 27,836.91 28,833.24
    OD - - - - -
    A/P Net 112.39 102.58 70.72 73.77 70.34
    Current portion of LT 5,430.54 4,202.44 4,084.89 1,877.21 802.48
    Current Liabilities 5,770.32 4,694.63 4,712.25 2,308.47 1,333.91
    Non-Current Liabilities 7,302.54 9,530.34 8,789.25 12,832.98 15,163.84
    Total Liabilities 13,072.87 14,224.97 13,501.50 15,141.45 16,497.75
    Authorized Capital 1,559.29 1,559.29 1,559.29 1,611.26 1,611.26
    Paid-Up Capital 1,559.29 1,559.29 1,559.29 1,559.29 1,559.28
    Premium (Discount) on Share Capital 1,967.90 1,967.90 1,967.90 1,967.90 1,967.72
    Other Surplus (Deficit) 172.45 172.45 172.45 172.45 172.45
    Retained Earnings (Deficit) 8,162.92 9,550.86 9,536.64 9,780.35 9,325.50
    Treasury Stock - - - - -
    Shareholders' Equity 10,381.90 11,803.41 11,559.01 12,695.42 12,335.45
    Minority Interest 0.03 0.03 0.03 0.03 0.03
    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 1,735.59 1,957.10 4,152.05 4,932.79 4,332.69
    Other Income 27.34 19.43 30.98 40.97 69.80
    Total Revenues 1,767.46 1,981.50 4,202.88 4,998.19 4,412.50
    COGs 1,056.22 986.43 1,989.37 2,070.76 1,994.79
    SG&A 169.79 196.66 453.75 356.10 321.58
    Total Expenses 2,737.52 1,836.58 3,725.36 3,714.12 3,581.03
    EBITDA -359.47 740.02 1,705.58 2,525.65 2,097.31
    Depre. & Amor. 610.58 595.09 1,228.06 1,241.58 1,265.84
    EBIT -970.05 144.93 477.52 1,284.07 831.47
    Net Profit -1,300.17 -225.20 -228.49 456.20 -129.48
    EPS (B.) -0.83 -0.14 -0.15 0.29 -0.08
    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 396.13 806.80 1,890.41 2,256.03 2,010.43
    Investing Cash Flow -84.47 -170.87 -427.48 -272.23 -1,636.57
    Financing Cash Flow -635.54 -929.03 -2,009.32 -1,983.65 -949.42
    Net Cash Flow -323.88 -293.09 -546.38 0.15 -575.56
    more
    Annualized: ROE, ROA
    Ratios 6M/2020  6M/2019  2019  2018 
    Current Ratio (X) 0.52 0.42 0.36 1.00
    ROE (%) -11.75 0.26 -1.88 3.65
    ROA (%) -2.58 3.02 1.81 4.53
    D/E (X) 1.26 1.21 1.17 1.19
    Total Asset Turnover (X) 0.16 0.17 0.16 0.18
    Gross Profit Margin (%) 39.14 49.60 52.09 58.02
    EBIT Margin (%) -54.88 7.31 11.36 25.69
    Net Profit Margin (%) -73.56 -11.37 -5.44 9.13

    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 -11.32 -13.94 -15.83 13.85
    COGs Growth 7.08 9.68 -3.93 3.81
    Total Revenue Growth -10.80 -13.75 -15.91 13.27
    Total Expense Growth 49.06 8.13 0.30 3.72
    Net Profit Growth N/A N/A N/A N/A

    Annualized
    Cash Cycle 6M/2020  6M/2019  2019  2018 
    A/R Turnover (Times) 22.92 24.45 19.01 22.04
    Avg. Collection Period (Days) 15.93 14.93 19.20 16.56
    Inventory Turnover (Times) N/A N/A 14.60 27.25
    Avg. Inventory Period (Days) - - 24.99 13.39
    A/P Turnover (Times) 19.16 24.06 27.54 28.74
    Avg. Payment Period (Days) 19.05 15.17 13.26 12.70
    Cash Cycle (Days) -3.12 -0.24 30.94 17.25


    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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