Company Summary
PSL PRECIOUS SHIPPING PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET
CG Report:   
 
  Data as of 18 Jan 2022  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
16.40 26.00 / 7.05 9.37 1.88 1,559.29 25,572.39 33,411.63 3,943.14 7.60
News
Date/Time Subject
10 Jan 2022 17:09   Reporting on a long-term charter of M.V. Sarika Naree
13 Dec 2021 17:04   Further update on the news regarding the arrest of 22 Thai crew members on board M.V. Chayanee Naree in Nigeria
22 Nov 2021 17:08   Reporting on a long-term charter of M.V. Latika Naree
15 Nov 2021 17:03   Interim Dividend No.2 for the year 2021
15 Nov 2021 17:02   Reporting on a connected transaction
more

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 2020
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 09 Mar 2021 27 May 2020
    % /Shareholders
    46.85% 8,600 46.81% 7,459
    Foreign Shareholders 25.76% (As of 18/01/2022) Foreign Limit 49.00%
    NVDR Shareholders  11.40% (As of 18/01/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -11.83 -11.89 -11.46
    20 Days -0.61 -1.69 -1.72
    60 Days -8.38 -0.60 -9.28
    120 Days -12.30 -10.80 -16.84
    YTD -1.20 -0.65 -1.36
    P/E (X) 9.37 N/A 20.85
    P/BV (X) 1.88 3.38 1.79
    Turnover Ratio (%) 0.66 0.32 2.07

    Top 10 Major Shareholders(@29 Nov 2021) Share %
    1. บริษัท โกลเบ๊กซ์ คอร์ปอเรชั่น จำกัด 442,857,535 28.40
    2. บริษัท Thai NVDR Company Limited 197,725,774 12.68
    3. บริษัท เกรนเทรด จำกัด 130,086,266 8.34
    4. BANK JULIUS BAER & CO. LTD, SINGAPORE 122,820,803 7.88
    5. MISS NISHITA SHAH 108,054,537 6.93
    6. STATE STREET EUROPE LIMITED 27,556,300 1.77
    7. กองทุนเปิด กรุงศรีหุ้นระยะยาวปันผล LTF 20,766,900 1.33
    8. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 20,564,493 1.32
    9. SOUTH EAST ASIA UK (TYPE A) NOMINEES LIMITED 18,580,300 1.19
    10. BANQUE PICTET & CIE SA 14,606,100 0.94

    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
    18 Jan 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 1,559.29  1,559.29  1,559.29 
    Market Cap (MB.) 25,572.39  25,884.24  11,850.62 
    Price (B./share) 16.40  16.60  7.60 
    BVPS (B./Share) 8.71  8.71  6.84 
    P/BV (X) 1.88  1.91  1.11 
    P/E (X) 9.37  9.48  N/A 
    Turnover Ratio (%) 15.27  459.96  278.47 
    Value Trade/Day (MB.) 388.87  511.35  91.82 
    Beta 0.76  0.77  1.24 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -1.20  118.42  0.00 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio 0.57  0.57  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
    - 0.50 Baht 13 Dec 2021 Cash
    - 0.50 Baht 10 Sep 2021 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    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
    Financial Data
    Statement of Financial Position (MB.) 9M/2021 
    (01/01/21 
    -30/09/21) 
    9M/2020 
    (01/01/20 
    -30/09/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 2,021.02 1,751.57 1,100.49 1,181.18 1,842.83
    A/R Net 133.14 171.23 168.70 182.61 254.21
    Inventories - - - 176.49 95.95
    Current Assets 2,320.53 2,531.53 1,937.89 1,680.52 2,317.15
    PP&E Net 20,802.76 20,387.12 19,124.56 20,097.55 22,409.26
    Non-Current Assets 21,117.99 20,746.76 19,458.96 23,380.03 25,519.75
    Total Assets 23,438.53 23,278.28 21,396.85 25,060.55 27,836.91
    OD - - - - -
    A/P Net 109.53 158.36 113.68 70.72 73.77
    Current portion of LT 1,748.66 2,838.89 2,435.52 4,084.89 1,877.21
    Current Liabilities 2,269.80 3,222.66 3,339.31 4,712.25 2,308.47
    Non-Current Liabilities 7,590.43 9,383.97 7,923.25 8,789.25 12,832.98
    Total Liabilities 9,860.23 12,606.63 11,262.56 13,501.50 15,141.45
    Authorized Capital 1,559.29 1,559.29 1,559.29 1,559.29 1,611.26
    Paid-Up Capital 1,559.29 1,559.29 1,559.29 1,559.29 1,559.29
    Premium (Discount) on Share Capital 1,967.90 1,967.90 1,967.90 1,967.90 1,967.90
    Retained Earnings (Deficit) 10,091.36 8,140.81 8,168.24 9,536.64 9,780.35
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -40.29 -996.38 -1,561.16 -1,504.81 -612.12
     - Surplus (Deficits) 172.45 172.45 172.45 172.45 172.45
    Shareholders' Equity 13,578.26 10,671.62 10,134.26 11,559.01 12,695.42
    Minority Interest 0.04 0.03 0.03 0.03 0.03
    more
    Statement of Comprehensive Income (MB.) 9M/2021 
    (01/01/21 
    -30/09/21) 
    9M/2020 
    (01/01/20 
    -30/09/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 5,803.30 2,679.77 3,730.06 4,152.05 4,932.79
    Other Income 186.14 0.01 0.48 0.31 0.00
    Total Revenues 5,990.39 2,687.16 3,739.07 4,182.65 4,970.12
    Costs 1,591.35 1,513.21 2,013.03 1,989.37 2,070.76
    Selling And Administrative Expenses 287.70 228.45 278.69 453.75 356.10
    Total Cost And Expenses 2,965.06 3,574.90 4,440.39 3,719.32 3,705.12
    EBITDA 3,943.14 68.24 520.81 1,705.58 2,525.65
    Depre. & Amor. 903.22 915.81 1,214.07 1,228.06 1,241.58
    EBIT 3,039.91 -847.56 -693.27 477.52 1,284.07
    Net Profit : Owners Of The Parent 2,702.70 -1,322.28 -1,294.86 -228.49 456.20
    EPS (B.) 1.73 -0.85 -0.83 -0.15 0.29
    more
    Statement of Cash Flow (MB.) 9M/2021 
    (01/01/21 
    -30/09/21) 
    9M/2020 
    (01/01/20 
    -30/09/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 3,726.18 844.01 1,863.96 1,890.41 2,256.03
    Investing Cash Flow -143.10 1,071.37 997.09 -427.48 -272.23
    Financing Cash Flow -2,829.95 -1,412.54 -2,928.40 -2,009.32 -1,983.65
    Net Cash Flow 753.12 502.85 -67.35 -546.38 0.15
    more
    Annualized: ROE, ROA
    Ratios 9M/2021  9M/2020  2020  2019 
    Current Ratio (X) 1.02 0.79 0.58 0.36
    ROE (%) 22.52 -11.58 -11.94 -1.88
    ROA (%) 13.67 -2.75 -2.98 1.81
    D/E (X) 0.73 1.18 1.11 1.17
    Total Asset Turnover (X) 0.30 0.16 0.16 0.16
    Gross Profit Margin (%) 72.58 43.53 46.03 52.09
    EBIT Margin (%) 50.75 -31.54 -18.54 11.42
    Net Profit Margin (%) 45.12 -49.21 -34.63 -5.46

    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/2021  9M/2020  2020  2019 
    Sales Growth 116.56 -10.73 -10.16 -15.83
    COGs Growth 5.16 2.98 1.19 -3.93
    Total Revenue Growth 122.93 -11.23 -10.61 -15.84
    Total Expense Growth -17.06 30.53 19.39 0.38
    Net Profit Growth N/A N/A N/A N/A

    Annualized
    Cash Cycle 9M/2021  9M/2020  2020  2019 
    A/R Turnover (Times) 45.03 25.23 21.24 19.01
    Avg. Collection Period (Days) 8.10 14.47 17.19 19.20
    Inventory Turnover (Times) N/A N/A 22.81 14.60
    Avg. Inventory Period (Days) - - 16.00 24.99
    A/P Turnover (Times) 15.61 16.26 21.83 27.54
    Avg. Payment Period (Days) 23.38 22.45 16.72 13.26
    Cash Cycle (Days) -15.27 -7.98 16.47 30.94


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

    Market Alert (Latest)
    Cash Balance 26 Apr 2021 - 04 Jun 2021
    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.
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