Company Summary
RATCH RATCHABURI ELECTRICITY GENERATING HOLDING PUBLIC CO.,LTD.
Resources/Energy & Utilities
SET50 / SETHD / SETTHSI
CG Report:   
 
  Data as of 11 Dec 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
49.75 56.75 / 48.00 12.82 1.21 14,500.00 72,137.50 99,974.59 7,334.84 11.38
News
Date/Time Subject
06 Dec 2018 17:21   Share Purchasing and Share Subscription to Operate a Hydroelectric Power Project in the Republic of Indonesia
23 Nov 2018 17:20   Disclosure of the Analyst Meeting 2018 third quarter results Presentation on the Company's Website
15 Nov 2018 17:00   Notification of recommencing the generation of Windy Hill Wind Farm in Australia
14 Nov 2018 08:59   Notification of Fire at Windy Hill Wind Farm in Australia
14 Nov 2018 08:01   Reviewed Quarter 3 and Consolidated F/S (F45-3)
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Company Profile
Address No. 8/8 Moo 2, Ngamwongngan Road Bangkhen, Muang Nonthaburi 11000
Telephone 0-2794-9999
Fax 0-2794-9998
URL www.ratch.co.th
  Annual Report 2017
Establish Date 7/3/2000 Listed Date 02/11/2000
IPO Price (Baht) 13.00 @Par10.00 Baht
IPO Financial Advisory
  • SCB SECURITIES COMPANY LIMITED
  • Par 10.00 Baht
    Last Par Change N/A

    Business
    The Company is operated as a holding company, RATCH seeks to equity invest in core companies, subsidiaries, and/ or joint ventures, subject to its shareholding proportion. Its investment is mainly focused on fossil fuel power generation projects, renewable projects as well as businesses adjacent to electricity generation and energy both in Thailand and internationally. Its main incomes are in forms of dividend and profit sharing from invested companies.

    Free Float 28 Feb 2018 06 Mar 2017
    % /Shareholders
    42.92% 19,118 37.38% 18,175
    Foreign Shareholders 6.22% (As of 11/12/2018) Foreign Limit 25.00%
    NVDR Shareholders  17.19% (As of 11/12/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 0.34 0.50
    20 Days - 2.66 2.14
    60 Days -1.49 0.62 0.85
    120 Days -4.33 -0.08 0.91
    YTD -8.29 -8.36 -1.55
    P/E (X) 12.82 11.63 15.46
    P/BV (X) 1.21 1.67 1.85
    Turnover Ratio (%) 0.15 0.25 0.65

    Top 10 Major Shareholders(@06 Sep 2018) Share %
    1. การไฟฟ้าฝ่ายผลิตแห่งประเทศไทย 652,500,000 45.00
    2. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 254,174,614 17.53
    3. สหกรณ์ออมทรัพย์การไฟฟ้าฝ่ายผลิตแห่งประเทศไทย จำกัด 55,381,000 3.82
    4. สำนักงานประกันสังคม 48,475,300 3.34
    5. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 33,091,355 2.28
    6. AIA COMPANY LIMITED - EQ3-P 27,325,400 1.88
    7. STATE STREET EUROPE LIMITED 26,876,065 1.85
    8. นาย มิน เธียรวร 21,600,000 1.49
    9. กองทุนส่วนบุคคล สหกรณ์ออมทรัพย์การไฟฟ้าฝ่ายผลิตแห่งประเทศไทย จำกัด โดย บลจ.กรุงไทย จำกัด 2 12,580,400 0.87
    10. ธนาคาร ธนชาต จำกัด (มหาชน) 8,472,800 0.58

    Management Position
    1. Mr. SUTAT PATMASIRIWAT CHAIRMAN
    2. Mr. KIJJA SRIPATTHANGKURA CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. CHUAN SIRINUNPORN DIRECTOR
    4. Mr. SUCHALEE SUMAMAL DIRECTOR
    5. Mr. BOONYANIT WONGRUKMIT DIRECTOR
    6. Mr. SEUBPHONG BURANASIRIN DIRECTOR
    7. Mr. SAMACK CHOUVAPARNANTE INDEPENDENT DIRECTOR
    8. Mr. VEERASAK PUNGRASSAMEE INDEPENDENT DIRECTOR
    9. Mr. CHARTCHAI ROJANANRATANANGKULE INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Mrs. SIRIPORN LUANGNUAL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. SOMBOON NHOOKEAW INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. Mr. RATANACHAI NAMWONG INDEPENDENT DIRECTOR
    13. Mrs. PREMRUTAI VINAIPHAT INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    11 Dec 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 1,450.00  1,450.00  1,450.00 
    Market Cap (MB.) 72,137.50  78,662.50  72,500.00 
    Price (B./share) 49.75  54.25  50.00 
    BVPS (B./Share) 41.23  43.53  41.34 
    P/BV (X) 1.21  1.25  1.21 
    P/E (X) 12.82  9.38  17.92 
    Turnover Ratio (%) 25.96  29.07  20.47 
    Value Trade/Day (MB.) 84.25  91.72  62.07 
    Beta 0.33  0.49  0.28 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -8.29  8.50  5.26 
    Dividend Yield (%) 4.82  4.33  4.54 
    Payout Ratio 0.62  0.41  0.81 
    Dividend Policy Not less than 40% of its annual net profit of consolidated Financial Statement after tax and deduction of legal reserve (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    - 1.15 Baht 19 Sep 2018 Cash
    - 1.25 Baht 20 Apr 2018 Cash
    - 1.15 Baht 20 Sep 2017 Cash
    - 1.25 Baht 27 Apr 2017 Cash
    - 1.10 Baht 22 Sep 2016 Cash
    - 1.17 Baht 27 Apr 2016 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    MR. VAIROJ JINDAMANEEPITAK/KPMG PHOOMCHAI AUDIT LIMITED
    MR. CHAROEN PHOSAMRITLERT/KPMG PHOOMCHAI AUDIT LIMITED
    MR. WAIYAWAT KORSAMARNCHAIYAKIJ/KPMG PHOOMCHAI AUDIT 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 15,396.42 10,522.45 9,287.46 9,419.21 7,464.52
    A/R Net 9,041.57 8,657.80 7,537.54 7,710.64 9,173.89
    Inventories 1,954.07 2,063.83 2,127.42 2,053.87 1,912.58
    Current Assets 29,312.73 25,681.99 23,525.93 26,303.02 25,983.50
    PP&E Net 19,997.08 15,623.14 17,165.15 13,806.68 13,479.05
    Total Assets 103,011.03 95,696.29 94,224.83 96,391.09 92,605.05
    OD - 1,300.00 - 3,800.00 1,900.00
    A/P Net 8,094.25 7,345.88 6,590.90 6,885.78 8,346.34
    Current portion of LT 4,300.02 2,611.00 2,659.64 1.27 1,200.78
    Current Liabilities 12,708.82 11,573.53 9,541.63 10,945.81 11,658.07
    Non-Current Liabilities 30,524.69 20,954.12 21,402.02 22,992.51 20,527.15
    Total Liabilities 43,233.51 32,527.65 30,943.65 33,938.32 32,185.21
    Authorized Capital 14,500.00 14,500.00 14,500.00 14,500.00 14,500.00
    Paid-Up Capital 14,500.00 14,500.00 14,500.00 14,500.00 14,500.00
    Premium (Discount) on Share Capital 1,531.78 1,531.78 1,531.78 1,531.78 1,531.78
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 49,304.16 50,765.65 51,451.85 48,825.15 45,950.93
    Treasury Stock - - - - -
    Shareholders' Equity 59,777.52 63,117.90 63,265.29 62,321.47 60,189.52
    Minority Interest - 50.74 15.89 131.29 230.32
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    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 31,389.27 32,010.93 42,240.63 47,836.62 57,434.87
    Other Income 379.08 1,042.13 1,073.01 693.73 775.33
    Total Revenues 35,468.37 35,923.49 46,890.80 51,437.55 59,326.29
    COGs 27,282.54 27,478.36 36,847.37 41,623.27 50,616.66
    SG&A 1,162.27 1,222.06 1,686.26 1,476.05 1,567.20
    Total Expenses 28,995.36 28,700.42 38,533.63 43,099.32 53,517.62
    EBITDA 7,334.84 8,210.97 9,658.03 9,640.92 6,978.96
    Depre. & Amor. 861.82 987.90 1,300.85 1,302.69 1,170.29
    EBIT 6,473.02 7,223.07 8,357.17 8,338.23 5,808.67
    Net Profit 4,938.99 5,420.50 6,106.70 6,165.72 3,187.87
    EPS (B.) 3.41 3.74 4.21 4.25 2.20
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    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 5,398.78 6,725.03 8,207.42 8,706.42 9,256.17
    Investing Cash Flow -3,176.58 471.73 -1,605.87 -4,978.96 -6,248.03
    Financing Cash Flow 3,573.11 -5,816.78 -6,430.40 -1,417.27 -6,740.69
    Net Cash Flow 5,795.32 1,379.98 171.14 2,310.18 -3,732.55
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    Annualized: ROE, ROA
    Ratios 9M/2018  9M/2017  2017  2016 
    Current Ratio (X) 2.31 2.22 2.47 2.40
    ROE (%) 9.15 13.63 9.73 10.07
    ROA (%) 7.66 11.39 8.77 8.82
    D/E (X) 0.72 0.52 0.49 0.54
    Total Asset Turnover (X) 0.47 0.51 0.49 0.54
    Gross Profit Margin (%) 13.08 14.16 12.77 12.99
    EBIT Margin (%) 18.25 20.11 17.82 16.21
    Net Profit Margin (%) 13.93 15.09 13.02 11.99

    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/2018  9M/2017  2017  2016 
    Sales Growth -1.94 -13.57 -11.70 -16.71
    COGs Growth -0.71 -14.98 -11.47 -17.77
    Total Revenue Growth -1.27 -8.55 -8.84 -13.30
    Total Expense Growth 1.03 -16.57 -10.59 -19.47
    Net Profit Growth -8.88 69.29 -0.96 93.41

    Annualized
    Cash Cycle 9M/2018  9M/2017  2017  2016 
    A/R Turnover (Times) 4.70 4.78 5.54 5.67
    Avg. Collection Period (Days) 77.61 76.43 65.88 64.42
    Inventory Turnover (Times) 18.24 18.11 17.62 20.99
    Avg. Inventory Period (Days) 20.01 20.16 20.71 17.39
    A/P Turnover (Times) 4.75 4.79 5.47 5.47
    Avg. Payment Period (Days) 76.88 76.18 66.75 66.79
    Cash Cycle (Days) 20.74 20.41 19.84 15.02


    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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