Company Summary
PSL PRECIOUS SHIPPING PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100
CG Report:   
 
  Data as of 16 Nov 2018  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
10.70 14.90 / 9.90 40.18 1.33 1,559.29 16,684.42 30,310.32 1,811.61 11.53
News
Date/Time Subject
07 Nov 2018 17:52   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2018
07 Nov 2018 17:51   Reviewed Quarter 3 and Consolidated F/S (F45-3)
07 Nov 2018 17:51   Operating Result Quarter 3 Ending 30 Sep 2018
07 Nov 2018 17:50   Financial Statement Quarter 3/2018 (Reviewed)
02 Oct 2018 17:02   Invitation to propose Agenda Items and to nominate a candidate to be elected as Director in the next Annual General Meeting of Shareholders 2019
more

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 2017
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 21 Feb 2018 24 Feb 2017
    % /Shareholders
    46.81% 5,883 41.28% 6,736
    Foreign Shareholders 26.46% (As of 16/11/2018) Foreign Limit 49.00%
    NVDR Shareholders  4.60% (As of 16/11/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 1.00 2.05
    20 Days -17.69 -18.19 -14.53
    60 Days -10.83 -10.78 -8.33
    120 Days -15.08 -8.54 -9.07
    YTD 1.90 7.71 9.30
    P/E (X) 40.18 38.08 15.50
    P/BV (X) 1.33 3.40 1.86
    Turnover Ratio (%) 0.23 0.17 0.61

    Top 10 Major Shareholders(@21 Feb 2018) 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 71,466,006 4.58
    6. WGI EMERGING MARKETS SMALLER COMPANIES FUND, LLC. 34,498,200 2.21
    7. กองทุนสำรองเลี้ยงชีพ เค มาสเตอร์ พูล ฟันด์ ซึ่งจดทะเบียนแล้ว 32,403,700 2.08
    8. นาย พิสิฐ ธนถาวรลาภ 26,269,200 1.68
    9. บริษัท กรุงไทย-แอกซ่า ประกันชีวิต จำกัด (มหาชน)-เคแทม โกรท โดย บริษัทหลักทรัพย์จัดการกองทุนกรุงไทย จำกัด 23,062,700 1.48
    10. กองทุนเปิด กรุงไทย ซีเล็คทีฟ อิควิตี้ ฟันด์ 19,226,300 1.23

    Management Position
    1. Mr. THIRA WIPUCHANIN CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mr. KHALID MOINUDDIN HASHIM MANAGING DIRECTOR
    3. Mr. JAIPAL MANSUKHANI DIRECTOR
    4. Mr. KHUSHROO KALI WADIA DIRECTOR
    5. Miss NISHITA SHAH DIRECTOR
    6. Mr. KIRIT SHAH DIRECTOR
    7. Mr. ISHAAN SHAH DIRECTOR
    8. Mr. KAMTORN SILA-ON INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    9. Mr. CHAIPATR SRIVISARVACHA INDEPENDENT DIRECTOR
    10. Miss PAVIDA PANANOND INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mrs. LYN YEN KOK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    16 Nov 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 1,559.29  1,559.28  1,559.28 
    Market Cap (MB.) 16,684.42  16,372.45  12,786.10 
    Price (B./share) 10.70  10.50  8.20 
    BVPS (B./Share) 8.04  8.01  8.55 
    P/BV (X) 1.33  1.31  0.96 
    P/E (X) 40.18  N/A  N/A 
    Turnover Ratio (%) 71.13  105.66  85.39 
    Value Trade/Day (MB.) 62.49  71.36  35.83 
    Beta 1.14  0.44  1.11 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) 1.90  28.05  47.75 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio N/A  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 31/12/2018)
    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.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash 1,698.40 2,741.80 1,853.62 2,676.31 453.51
    A/R Net 216.95 195.62 193.41 139.99 240.95
    Inventories - - 56.02 40.73 142.87
    Current Assets 2,148.83 3,148.93 2,250.59 3,101.02 1,029.12
    PP&E Net 22,591.63 24,130.55 23,474.67 25,671.52 25,329.89
    Total Assets 27,853.77 30,344.76 28,833.24 32,316.03 32,457.82
    OD - - - - -
    A/P Net 68.72 78.38 70.34 37.85 98.88
    Current portion of LT 3,472.04 702.08 802.48 887.34 5,603.70
    Current Liabilities 3,884.41 2,261.27 1,333.91 1,227.98 6,109.35
    Non-Current Liabilities 11,439.86 15,590.08 15,163.84 17,455.48 9,862.30
    Total Liabilities 15,324.27 17,851.36 16,497.75 18,683.46 15,971.65
    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 1,559.28 1,559.28 1,559.28
    Premium (Discount) on Share Capital 1,967.90 1,967.72 1,967.72 1,967.72 1,967.72
    Other Surplus (Deficit) 172.45 172.45 172.45 172.45 172.45
    Retained Earnings (Deficit) 9,631.67 9,218.30 9,325.50 9,456.88 12,121.78
    Treasury Stock - - - - -
    Shareholders' Equity 12,529.47 12,493.37 12,335.45 13,632.54 16,488.08
    Minority Interest 0.04 0.04 0.03 0.03 -1.91
    more
    Statement of Comprehensive Income (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Sales 3,588.18 3,168.58 4,332.69 3,689.83 4,256.65
    Other Income 27.48 52.85 69.80 101.95 7.26
    Total Revenues 3,628.79 3,226.06 4,412.50 3,795.07 4,272.16
    COGs 1,465.96 1,530.03 1,994.79 2,491.20 3,088.99
    SG&A 285.96 247.58 321.58 260.25 289.45
    Total Expenses 2,692.97 2,822.20 3,581.03 5,477.91 6,131.67
    EBITDA 1,811.61 1,280.73 2,097.31 -210.88 -281.48
    Depre. & Amor. 875.79 876.88 1,265.84 1,471.95 1,578.03
    EBIT 935.82 403.85 831.47 -1,682.84 -1,859.52
    Net Profit 306.17 -238.58 -129.48 -2,664.90 -2,425.78
    EPS (B.) 0.20 -0.15 -0.08 -1.71 -1.82
    more
    Statement of Cash Flow (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow 1,599.39 1,355.59 2,010.43 693.27 1,045.77
    Investing Cash Flow -178.04 -451.73 -1,636.57 -805.66 -3,561.11
    Financing Cash Flow -1,565.24 -643.77 -949.42 2,355.90 2,259.24
    Net Cash Flow -143.90 260.10 -575.56 2,243.50 -256.10
    more
    Annualized: ROE, ROA
    Ratios 9M/2018  9M/2017  2017  2016 
    Current Ratio (X) 0.55 1.39 1.69 2.53
    ROE (%) 3.32 -2.77 -1.00 -17.69
    ROA (%) 4.69 1.64 2.72 -5.20
    D/E (X) 1.22 1.43 1.34 1.37
    Total Asset Turnover (X) 0.17 0.14 0.14 0.12
    Gross Profit Margin (%) 59.14 51.71 53.96 32.48
    EBIT Margin (%) 25.79 12.52 18.84 -44.34
    Net Profit Margin (%) 8.44 -7.40 -2.93 -70.22

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    03 Jun 2015 XR 519,760,297 1,559,280,897 1.00

    Growth Rate (%) 9M/2018  9M/2017  2017  2016 
    Sales Growth 13.24 19.08 17.42 -13.32
    COGs Growth -4.19 -20.32 -19.93 -19.35
    Total Revenue Growth 12.48 18.13 16.27 -11.17
    Total Expense Growth -4.58 -37.34 -34.63 -10.66
    Net Profit Growth N/A N/A N/A N/A

    Annualized
    Cash Cycle 9M/2018  9M/2017  2017  2016 
    A/R Turnover (Times) 23.04 24.81 25.99 19.37
    Avg. Collection Period (Days) 15.84 14.71 14.04 18.84
    Inventory Turnover (Times) N/A 78.17 41.23 27.14
    Avg. Inventory Period (Days) N/A 4.67 8.85 13.45
    A/P Turnover (Times) 26.25 27.72 36.88 36.44
    Avg. Payment Period (Days) 13.90 13.17 9.90 10.02
    Cash Cycle (Days) 1.94 6.21 13.00 22.28


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    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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