Company Summary
SFT SHRINKFLEX (THAILAND) PUBLIC COMPANY LIMITED
Industrial/
mai
CG Report:   
 
  Data as of 20 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
6.70 8.45 / 4.24 24.53 4.07 220.00 2,948.00 3,034.67 164.45 14.64
News
Date/Time Subject
21 Dec 2021 12:33   Notification of the Company's Traditional Holidays in 2022
08 Nov 2021 20:53   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2021
08 Nov 2021 20:52   Financial Statement Quarter 3/2021 (Reviewed)
08 Nov 2021 20:52   Financial Performance Quarter 3 (F45) (Reviewed)
18 Aug 2021 17:07   Resolution of the Board of Directors' Meeting on the Connected Transaction (revised)
more

Company Profile
Address 68/2-5 Moo 5 Bang Samak, Bang Pakiong District Chacherngsao 24130
Telephone 0-3853-8832
Fax 0-3884-2032
URL www.shrinkflexthailand.com
Establish Date - Listed Date 29/10/2020
IPO Price (Baht) 3.80 @Par0.50 Baht
IPO Financial Advisory
  • RHB SECURITIES (THAILAND) PUBLIC COMPANY LIMITED
  • Par 0.50 Baht
    Last Par Change N/A

    Business
    The Company operates 2 main businesses which are; (1) Manufacturer and distributor of shrink sleeve labels through gravure and digital printing systems (2) Other services including manufacturer of printing cylinders to support gravure printing system, SFT also has a team of graphic design, production and QC, warehousing management of the finished goods and delivery service.

    Free Float 11 Mar 2021 26 Oct 2020
    % /Shareholders
    23.69% 1,259 29.98% 2,608
    Foreign Shareholders 23.64% (As of 20/01/2022) Foreign Limit 49.00%
    NVDR Shareholders  0.49% (As of 20/01/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.52 1.57 3.98
    20 Days 6.35 3.16 -9.33
    60 Days 0.75 0.61 -15.04
    120 Days 5.51 0.76 -20.34
    YTD -4.96 -6.16 -16.52
    P/E (X) 24.53 34.99 67.13
    P/BV (X) 4.07 2.39 3.91
    Turnover Ratio (%) 0.08 2.66 1.10

    Top 10 Major Shareholders(@11 Mar 2021) Share %
    1. นาย SUNG CHEONG TSOI 104,010,000 23.64
    2. น.ส. จุไรรัตน์ พงษ์สอน 72,000,000 16.36
    3. นาง สุกัญญา ทอย 64,000,000 14.55
    4. นาย สมิทธ์ ทอย 32,000,000 7.27
    5. MRS. CHARUNEE CHINWONGVORAKUL 29,063,700 6.61
    6. นาย กิตติ ปิยะตรึงส์ 16,800,000 3.82
    7. น.ส. วศินี ปิยะตรึงส์ 16,800,000 3.82
    8. MISS SIRIPORN PIYATRUENG 16,000,000 3.64
    9. MISS KANOKWAN PALAPHAN 9,891,000 2.25
    10. นาย ปรัชญา เตียวเจริญ 6,800,000 1.55

    Management Position
    1. Mr. KITSANA VACHEKRILAS CHAIRMAN OF THE BOARD / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    2. Mr. SUNG CHEONG TSOI CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. SMITH TSOI DIRECTOR
    4. Mr. KITTI PIYATRUENG DIRECTOR
    5. Miss VASINEE PIYATRUENG DIRECTOR
    6. Miss SANTHAYA KITTIKOWIT INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    7. Mr. SUTEE SATANASATHAPORN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    20 Jan 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 440.00  440.00  440.00 
    Market Cap (MB.) 2,948.00  3,102.00  1,980.00 
    Price (B./share) 6.70  7.05  4.50 
    BVPS (B./Share) 1.65  1.65  N/A 
    P/BV (X) 4.07  4.28 
    P/E (X) 24.53  25.81  29.52 
    Turnover Ratio (%) 1.46  110.90  239.85 
    Value Trade/Day (MB.) 3.33  12.01  106.39 
    Beta 0.67  0.83 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -4.96  56.67  18.42 
    Dividend Yield (%) 1.06  1.01  N/A 
    Payout Ratio 0.26  0.26 
    Dividend Policy Not less than 30% of the net income after corporate income tax and all reserves specified by law (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 31 Dec 2020 0.0711 Baht 25 May 2021 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MR. THANAWUT PIBOONSAWAT/DHARMNITI AUDITING CO., LTD.
    Miss POTJANARAT SIRIPIPAT/DHARMNITI AUDITING CO., LTD.
    Miss ROONGNAPHA SAENGCHAN/DHARMNITI AUDITING CO., LTD.
    Miss TECHINEE PORNPENPOB/DHARMNITI AUDITING CO., LTD.
    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) 
    Accounting Type Company Company Company Company
    Cash And Cash Equivalents 128.85 6.44 110.74 4.90
    A/R Net 165.42 129.73 149.48 101.21
    Inventories 187.71 115.47 115.78 124.16
    Current Assets 558.19 253.11 526.49 230.76
    PP&E Net 289.62 226.79 223.43 172.55
    Non-Current Assets 382.38 320.36 316.39 194.53
    Total Assets 940.58 573.48 842.88 425.29
    OD - 72.40 3.15 41.04
    A/P Net 116.98 98.21 82.91 74.65
    Current portion of LT 13.33 32.91 11.67 18.10
    Current Liabilities 147.29 218.51 114.55 140.84
    Non-Current Liabilities 68.23 157.55 70.58 56.38
    Total Liabilities 215.52 376.06 185.14 197.22
    Authorized Capital 220.00 220.00 220.00 100.00
    Paid-Up Capital 220.00 160.00 220.00 100.00
    Premium (Discount) on Share Capital 378.76 - 378.76 -
    Retained Earnings (Deficit) 126.29 37.41 58.99 128.07
    Treasury Stock - - - -
    Shares Of The Company Held By Subsidiaries - - - -
    Other Components Of Equity - - - -
     - Surplus (Deficits) - - - -
    Shareholders' Equity 725.05 197.41 657.75 228.07
    Minority Interest - - - -
    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) 
    Accounting Type Company Company Company Company
    Revenue From Operations 609.23 494.43 677.25 585.18
    Other Income 2.33 4.01 0.93 1.21
    Total Revenues 611.56 498.44 678.18 586.40
    Costs 427.73 354.39 479.39 429.51
    Selling And Administrative Expenses 72.72 65.44 88.51 78.99
    Total Cost And Expenses 500.45 419.83 567.90 508.51
    EBITDA 164.45 112.44 155.34 111.38
    Depre. & Amor. 37.10 33.83 45.06 33.49
    EBIT 127.34 78.61 110.28 77.89
    Net Profit : Owners Of The Parent 98.59 56.60 78.18 56.90
    EPS (B.) 0.22 0.22 0.27 6.07
    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) 
    Accounting Type Company Company Company Company
    Operating Cash Flow 74.45 87.48 123.85 66.49
    Investing Cash Flow -1.75 -94.94 -260.35 -57.44
    Financing Cash Flow -54.59 9.00 242.34 -14.13
    Net Cash Flow 18.11 1.54 105.84 -5.08
    more
    Annualized: ROE, ROA
    Ratios 9M/2021  9M/2020  2020  2019 
    Current Ratio (X) 3.79 1.16 4.60 1.64
    ROE (%) 26.05 35.94 17.65 24.95
    ROA (%) 21.01 17.13 17.39 18.31
    D/E (X) 0.30 1.90 0.28 0.86
    Total Asset Turnover (X) 1.05 1.13 1.07 1.38
    Gross Profit Margin (%) 29.79 28.32 29.22 26.60
    EBIT Margin (%) 20.82 15.77 16.26 13.28
    Net Profit Margin (%) 16.12 11.36 11.53 9.70

    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 23.22 N/A 15.73 N/A
    COGs Growth 20.70 N/A 11.61 N/A
    Total Revenue Growth 22.69 N/A 15.65 N/A
    Total Expense Growth 19.20 N/A 11.68 N/A
    Net Profit Growth 74.19 N/A 37.40 N/A

    Annualized
    Cash Cycle 9M/2021  9M/2020  2020  2019 
    A/R Turnover (Times) 5.37 4.95 5.40 5.78
    Avg. Collection Period (Days) 68.01 73.77 67.55 63.13
    Inventory Turnover (Times) 3.65 4.01 4.00 3.46
    Avg. Inventory Period (Days) 100.10 91.10 91.34 105.51
    A/P Turnover (Times) 5.14 4.71 6.09 5.75
    Avg. Payment Period (Days) 71.05 77.48 59.98 63.44
    Cash Cycle (Days) 97.06 87.38 98.91 105.20


    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
    The materials and information on this site are provided for informative and educational purpose only, and do not constitute or form a part of any advice or recommendation regarding any securities. The Stock Exchange of Thailand has no responsibility for the accuracy, suitability and completeness of any information, materials, statements, figures, reports or opinions provided, and has no responsibility for any losses and damages in any cases. In case you have any inquiries or clarification regarding this summary, please directly contact the listed company who made this summary.