Company Summary
PSL PRECIOUS SHIPPING PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100
CG Report:   
 
  Data as of 17 Jul 2019  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
9.20 14.00 / 6.25 54.26 1.16 1,559.29 14,345.49 27,269.42 401.51 11.70
News
Date/Time Subject
07 May 2019 18:34   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2019
07 May 2019 18:33   Operating Result Quarter 1 Ending 31 Mar 2019
07 May 2019 18:32   Financial Statement Quarter 1/2019 (Reviewed)
07 May 2019 18:32   Reviewed Quarter 1 and Consolidated F/S (F45-3)
17 Apr 2019 17:11   Notification of registration of the reduction of the registered capital of the Company by way of cancellation of the unissued shares and the consequent amendment to Clause 4 of the Company's Memorandum of Association
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Company Profile
Address CATHAY HOUSE, FLOOR 7, 8 NORTH SATHON ROAD, SILOM, BANG RAK Bangkok 10500
Telephone 0-2696-8800
Fax 0-2236-7654, 0-2633-8460
URL www.preciousshipping.com
  Annual Report 2018
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 25 Feb 2019 21 Feb 2018
    % /Shareholders
    46.85% 5,661 46.81% 5,883
    Foreign Shareholders 29.57% (As of 17/07/2019) Foreign Limit 49.00%
    NVDR Shareholders  4.81% (As of 17/07/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 8.88 9.88 9.04
    20 Days 24.32 16.23 20.59
    60 Days 12.88 7.09 9.89
    120 Days 19.48 9.32 9.85
    YTD 6.36 -6.31 -3.23
    P/E (X) 54.26 81.04 18.52
    P/BV (X) 1.16 3.56 1.88
    Turnover Ratio (%) 1.67 0.42 1.06

    Top 10 Major Shareholders(@25 Feb 2019) 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. MISS NISHITA SHAH 108,054,537 6.93
    5. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 68,449,498 4.39
    6. WGI EMERGING MARKETS SMALLER COMPANIES FUND, LLC. 31,133,900 2.00
    7. กองทุนสำรองเลี้ยงชีพ เค มาสเตอร์ พูล ฟันด์ ซึ่งจดทะเบียนแล้ว 27,861,900 1.79
    8. กองทุนสำรองเลี้ยงชีพ ทิสโก้มาสเตอร์ร่วมทุน ซึ่งจดทะเบียนแล้ว 27,361,900 1.75
    9. STATE STREET EUROPE LIMITED 25,483,055 1.63
    10. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 22,381,681 1.44

    Management Position
    1. Mr. THIRA WIPUCHANIN CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mr. KHALID MOINUDDIN HASHIM MANAGING DIRECTOR
    3. Mr. KHUSHROO KALI WADIA DIRECTOR
    4. Miss NISHITA SHAH DIRECTOR
    5. Mr. KIRIT SHAH DIRECTOR
    6. Mr. ISHAAN SHAH DIRECTOR
    7. Mr. KAMTORN SILA-ON INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mr. CHAIPATR SRIVISARVACHA INDEPENDENT DIRECTOR
    9. Miss PAVIDA PANANOND INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mrs. LYN YEN KOK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    17 Jul 2019    		 2018
    28 Dec 2018    		 2017
    29 Dec 2017
    Listed share (M.) 1,559.29  1,559.29  1,559.28 
    Market Cap (MB.) 14,345.49  13,487.87  16,372.45 
    Price (B./share) 9.20  8.65  10.50 
    BVPS (B./Share) 7.93  8.04  8.01 
    P/BV (X) 1.16  1.08  1.31 
    P/E (X) 54.26  32.48  N/A 
    Turnover Ratio (%) 59.31  75.26  105.66 
    Value Trade/Day (MB.) 58.45  58.09  71.36 
    Beta 1.41  1.23  0.44 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) 6.36  -17.62  28.05 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio -  -  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 31/12/2019)
    MISS VISSUTA JARIYATHANAKORN/E Y OFFICE COMPANY LIMITED
    MR. TERMPHONG OPANAPHAN/E Y OFFICE COMPANY LIMITED
    MR. KHITSADA LERDWANA/E Y OFFICE 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.) 3M/2019 
    (01/01/19 
    -31/03/19)     		 3M/2018 
    (01/01/18 
    -31/03/18)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16) 
    Cash 1,688.66 1,716.25 1,842.83 1,853.62 2,676.31
    A/R Net 217.69 182.26 254.21 193.41 139.99
    Inventories - 44.08 95.95 56.02 40.73
    Current Assets 2,083.80 2,072.95 2,317.15 2,250.59 3,101.02
    PP&E Net 21,733.37 22,212.74 22,409.26 23,474.67 25,671.52
    Total Assets 26,980.26 27,532.88 27,836.91 28,833.24 32,316.03
    OD - - - - -
    A/P Net 75.56 74.57 73.77 70.34 37.85
    Current portion of LT 2,368.65 4,682.03 1,877.21 802.48 887.34
    Current Liabilities 2,722.21 5,106.15 2,308.47 1,333.91 1,227.98
    Non-Current Liabilities 11,890.35 10,522.79 12,832.98 15,163.84 17,455.48
    Total Liabilities 14,612.56 15,628.94 15,141.45 16,497.75 18,683.46
    Authorized Capital 1,611.26 1,611.26 1,611.26 1,611.26 1,611.26
    Paid-Up Capital 1,559.29 1,559.28 1,559.29 1,559.28 1,559.28
    Premium (Discount) on Share Capital 1,967.90 1,967.72 1,967.90 1,967.72 1,967.72
    Other Surplus (Deficit) 172.45 172.45 172.45 172.45 172.45
    Retained Earnings (Deficit) 9,696.20 9,433.17 9,780.35 9,325.50 9,456.88
    Treasury Stock - - - - -
    Shareholders' Equity 12,367.66 11,903.91 12,695.42 12,335.45 13,632.54
    Minority Interest 0.03 0.03 0.03 0.03 0.03
    more
    Statement of Comprehensive Income (MB.) 3M/2019 
    (01/01/19 
    -31/03/19)     		 3M/2018 
    (01/01/18 
    -31/03/18)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16) 
    Sales 949.85 1,089.25 4,932.79 4,332.69 3,689.83
    Other Income 9.35 4.71 40.97 69.80 101.95
    Total Revenues 959.20 1,097.60 4,998.19 4,412.50 3,795.07
    COGs 451.23 404.56 2,070.76 1,994.79 2,491.20
    SG&A 82.46 92.92 356.10 321.58 260.25
    Total Expenses 855.00 797.12 3,714.12 3,581.03 5,477.91
    EBITDA 401.51 595.95 2,525.65 2,097.31 -210.88
    Depre. & Amor. 297.31 295.47 1,241.58 1,265.84 1,471.95
    EBIT 104.20 300.47 1,284.07 831.47 -1,682.84
    Net Profit -84.14 107.67 456.20 -129.48 -2,664.90
    EPS (B.) -0.05 0.07 0.29 -0.08 -1.71
    more
    Statement of Cash Flow (MB.) 3M/2019 
    (01/01/19 
    -31/03/19)     		 3M/2018 
    (01/01/18 
    -31/03/18)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17)     		 2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow 407.01 492.34 2,256.03 2,010.43 693.27
    Investing Cash Flow -57.54 -46.23 -272.23 -1,636.57 -805.66
    Financing Cash Flow -466.30 -501.51 -1,983.65 -949.42 2,355.90
    Net Cash Flow -116.82 -55.40 0.15 -575.56 2,243.50
    more
    Annualized: ROE, ROA
    Ratios 3M/2019  3M/2018  2018  2017 
    Current Ratio (X) 0.77 0.41 1.00 1.69
    ROE (%) 2.18 0.30 3.65 -1.00
    ROA (%) 3.99 3.34 4.53 2.72
    D/E (X) 1.18 1.31 1.19 1.34
    Total Asset Turnover (X) 0.18 0.15 0.18 0.14
    Gross Profit Margin (%) 52.50 62.86 58.02 53.96
    EBIT Margin (%) 10.86 27.38 25.69 18.84
    Net Profit Margin (%) -8.77 9.81 9.13 -2.93

    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 (%) 3M/2019  3M/2018  2018  2017 
    Sales Growth -12.80 4.11 13.85 17.42
    COGs Growth 11.53 -24.73 3.81 -19.93
    Total Revenue Growth -12.61 2.51 13.27 16.27
    Total Expense Growth 7.26 -13.03 3.72 -34.63
    Net Profit Growth N/A N/A N/A N/A

    Annualized
    Cash Cycle 3M/2019  3M/2018  2018  2017 
    A/R Turnover (Times) 23.97 22.61 22.04 25.99
    Avg. Collection Period (Days) 15.23 16.14 16.56 14.04
    Inventory Turnover (Times) 96.08 42.25 27.25 41.23
    Avg. Inventory Period (Days) 3.80 8.64 13.39 8.85
    A/P Turnover (Times) 28.21 26.56 28.74 36.88
    Avg. Payment Period (Days) 12.94 13.74 12.70 9.90
    Cash Cycle (Days) 6.09 11.04 17.25 13.00


    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
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