Company Summary
SFLEX STARFLEX PUBLIC COMPANY LIMITED
Industrials/Packaging
sSET
CG Report:   
 
  Data as of 14 Jun 2021  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
5.75 7.65 / 4.60 32.21 5.13 410.00 4,715.00 5,043.66 62.16 21.36
News
Date/Time Subject
14 May 2021 12:37   Notification of Appointment Company' Secretary
11 May 2021 19:20   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2021
11 May 2021 13:04   Financial Statement Quarter 1/2021 (Reviewed)
11 May 2021 13:03   Financial Performance Quarter 1 (F45) (Reviewed)
09 Apr 2021 12:38   Notification of a Changing of Shareholding Proportion of a Major Shareholder ( Revised )
more

Company Profile
Address 189/48-49 Moo 3, Bangprieng, Bangbo Samut Prakarn 10560
Telephone 0-2708-2555
Fax 0-2708-2355
URL www.starflex.co.th
  Annual Report 2019
Establish Date 20/08/2003 Listed Date 19/12/2019
IPO Price (Baht) 3.88 @Par1.00 Baht
IPO Financial Advisory
  • FINANSIA SYRUS SECURITIES PUBLIC COMPANY LIMITED
  • Par 0.50 Baht
    Last Par Change Old 1.00 : New 0.50 @ 23/09/2020

    Business
    Manufacturing and distribution of flexible packaging for both food and non-food products in the form of made to order. The products can be divided into two forms which are roll form and pre form pouch.

    Free Float 15 Mar 2021 28 May 2020
    % /Shareholders
    39.53% 3,719 31.68% 910
    Foreign Shareholders 0.37% (As of 14/06/2021) Foreign Limit 49.00%
    NVDR Shareholders  2.38% (As of 14/06/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -3.36 -2.71 -4.57
    20 Days -1.71 -2.83 -6.74
    60 Days 2.68 -15.22 -1.40
    120 Days 8.49 -12.67 -1.93
    YTD 7.48 -17.04 -4.61
    P/E (X) 32.21 23.79 31.12
    P/BV (X) 5.13 2.21 1.79
    Turnover Ratio (%) 0.29 0.36 1.52

    Top 10 Major Shareholders(@20 Apr 2021) Share %
    1. MR. PRINTHORN APITHANASRIWONG 254,790,000 31.07
    2. MR. EK PICHARNCHITRA 82,010,000 10.00
    3. บริษัท BTS GROUP HOLDINGS PLC. 52,354,600 6.38
    4. น.ส. กชกร วณิชานุวัตร 44,629,200 5.44
    5. น.ส. ปัณณิภัสร์ ใต้ธงชัย 27,595,200 3.37
    6. บริษัท Thai NVDR Company Limited 20,293,416 2.47
    7. MR. THIRAPHONG CHANSIRI 20,000,000 2.44
    8. นาย อนุฤทธิ์ เกิดสินธ์ชัย 19,713,700 2.40
    9. MRS. CHANTIP VANICH 14,200,000 1.73
    10. นาย NOPPOL MILINTHANGGOON 13,229,300 1.61

    Management Position
    1. Mr. PAKORN MALAKUL NA AYUDHYA CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mr. PRINTHORN APITHANASRIWONG CHAIRMAN OF THE EXECUTIVE COMMITTEE / VICE CHAIRMAN OF THE BOARD OF DIRECTORS
    3. Mr. SOMPOTE VALYASEVI CHIEF EXECUTIVE OFFICER / DIRECTOR
    4. Mr. EK PICHARNCHITRA DIRECTOR
    5. Mr. SOMCHAI WONGRASSAMEE DIRECTOR
    6. GEN. MONTREE SUNGKASAP INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    7. Mr. KAJHITPHOME SUDSOK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mr. CHAIRIT SIMAROJ INDEPENDENT DIRECTOR
    9. Mr. RONG HIRUNPANICH INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    14 Jun 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 820.00  820.00  410.00 
    Market Cap (MB.) 4,715.00  4,387.00  1,508.80 
    Price (B./share) 5.75  5.35  1.84 
    BVPS (B./Share) 1.12  1.02  N/A 
    P/BV (X) 5.13  5.22 
    P/E (X) 32.21  32.59  23.26 
    Turnover Ratio (%) 130.50  168.33  31.13 
    Value Trade/Day (MB.) 60.59  22.68  59.31 
    Beta 0.15  0.29 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 7.48  190.76  -52.58 
    Dividend Yield (%) 1.48  1.40  N/A 
    Payout Ratio 0.48  0.70 
    Dividend Policy Not less than 40% of net profit after deducting corporate income tax and legal reserve based on the Company's separated financial statement (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 31 Dec 2020 0.045 Baht 06 May 2021 Cash
    01 Jan 2020 - 30 Jun 2020 0.08 Baht 08 Sep 2020 Cash
    01 Jan 2019 - 31 Dec 2019 0.15 Baht 07 May 2020 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MISS SATIDA RATANANURAK/EY OFFICE LIMITED
    MRS. SARINDA HIRUNPRASURTWUTTI/EY OFFICE LIMITED
    Miss SIRIWAN NITDAMRONG/EY OFFICE LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    Cash And Cash Equivalents 168.84
    A/R Net 331.07
    Inventories 264.85
    Current Assets 794.15
    PP&E Net 492.46
    Non-Current Assets 622.32
    Total Assets 1,416.47
    OD 24.69
    A/P Net 377.67
    Current portion of LT -
    Current Liabilities 440.11
    Non-Current Liabilities 57.39
    Total Liabilities 497.49
    Authorized Capital 410.00
    Paid-Up Capital 410.00
    Premium (Discount) on Share Capital 302.99
    Retained Earnings (Deficit) 205.99
    Treasury Stock -
    Shares Of The Company Held By Subsidiaries -
    Other Components Of Equity -
     - Surplus (Deficits) -
    Shareholders' Equity 918.98
    Minority Interest -
    more
    Statement of Comprehensive Income (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    Revenue From Operations 421.55
    Other Income 7.42
    Total Revenues 428.97
    Costs 345.14
    Selling And Administrative Expenses 36.45
    Total Cost And Expenses 382.11
    EBITDA 62.16
    Depre. & Amor. 15.29
    EBIT 46.86
    Net Profit : Owners Of The Parent 38.39
    EPS (B.) 0.05
    more
    Statement of Cash Flow (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    Operating Cash Flow 50.78
    Investing Cash Flow -40.89
    Financing Cash Flow -9.56
    Net Cash Flow 0.32
    more
    Annualized: ROE, ROA
    Ratios 3M/2021  3M/2020  2020  2019 
    Current Ratio (X) 1.80 2.11 1.98 2.10
    ROE (%) 16.41 10.88 16.70 12.33
    ROA (%) 12.81 9.62 13.05 9.38
    D/E (X) 0.54 0.54 0.46 0.69
    Total Asset Turnover (X) 1.09 0.97 1.05 1.09
    Gross Profit Margin (%) 18.13 23.51 21.76 17.41
    EBIT Margin (%) 10.92 13.51 12.40 8.57
    Net Profit Margin (%) 8.95 10.21 10.10 6.18

    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/2021  3M/2020  2020  2019 
    Sales Growth 24.37 N/A 11.34 -7.75
    COGs Growth 33.11 N/A 5.47 -2.41
    Total Revenue Growth 25.80 N/A 11.12 -7.45
    Total Expense Growth 29.27 N/A 6.48 -2.08
    Net Profit Growth 10.23 N/A 81.65 -42.24

    Annualized
    Cash Cycle 3M/2021  3M/2020  2020  2019 
    A/R Turnover (Times) 4.94 4.78 5.61 5.42
    Avg. Collection Period (Days) 73.94 76.36 65.03 67.36
    Inventory Turnover (Times) 4.58 4.15 5.07 5.09
    Avg. Inventory Period (Days) 79.72 87.86 72.04 71.74
    A/P Turnover (Times) 3.34 3.16 3.74 4.36
    Avg. Payment Period (Days) 109.43 115.62 97.68 83.71
    Cash Cycle (Days) 44.24 48.59 39.38 55.39


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

    Market Alert (Latest)
    No Information Found
    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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