Company Summary
SOLAR SOLARTRON PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
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
1.22 2.30 / 0.81 N/A 5.78 1,088.25 1,327.66 2,839.84 -40.89 -6.98
News
Date/Time Subject
18 Jan 2022 08:14   Information Memorandum of SOLAR-W1
18 Jan 2022 08:11   SET adds new listed securities : SOLAR-W1 to be traded on January 19, 2022
17 Jan 2022 12:44   Summary on Key Features of SOLAR-W1 (Amendment)
13 Jan 2022 13:27   Report on the results of the sale of warrants offered to existing common shareholders (F53-5)
13 Jan 2022 13:02   Summary on Key Features of SOLAR-W1
more

Company Profile
Address No. 1000/65-67 P.B. Tower 16th Floor, Sukhumvit 71 Road, North Klongtan, Wattana Bangkok 10110
Telephone 0-2392-0224
Fax 0-2381-0936, 0-2381-2971
URL http://www.solartron.co.th
  Annual Report 2020
Establish Date 12/11/1986 Listed Date 30/03/2005
IPO Price (Baht) 8.00 @Par1.00 Baht
IPO Financial Advisory
  • GLOBLEX ADVISORY CO., LTD.
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    The company provides a wide range of solar modules and a balance of systems for solar electricity application. It also provides nationwide installation services including export.

    Free Float 02 Apr 2021 10 Jul 2020
    % /Shareholders
    63.03% 6,332 59.08% 5,261
    Foreign Shareholders 0.49% (As of 18/01/2022) Foreign Limit 49.00%
    NVDR Shareholders  4.68% (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 - -0.51 0.41
    20 Days -21.79 -24.69 -22.67
    60 Days -40.25 -41.13 -40.84
    120 Days 6.77 -2.28 1.25
    YTD -18.67 -20.14 -18.80
    P/E (X) N/A 16.46 20.85
    P/BV (X) 5.78 1.63 1.79
    Turnover Ratio (%) 0.95 0.83 2.07

    Top 10 Major Shareholders(@28 Oct 2021) Share %
    1. น.ส. ปุณฑรีก์ อิศรางกูร ณ อยุธยา 95,520,000 17.55
    2. นาง นันทพร ชลวณิช 37,820,300 6.95
    3. บริษัท Thai NVDR Company Limited 23,237,733 4.27
    4. นาง สุมาลี อ่องจริต 21,300,000 3.91
    5. MRS. MONDHIRA PADUNGRAT 18,710,700 3.44
    6. MR. SUSITAK ACHARIYASOMBAT 10,551,300 1.94
    7. MR. PUPAA TAECHANARONG 9,998,566 1.84
    8. MRS. ORAWAN LEKRUNGRUANGKIT 9,421,900 1.73
    9. น.ส. WARANGKANA TECHAIYA 8,888,888 1.63
    10. MRS. NATENAPIT NANTAWITHYA 6,300,000 1.16

    Management Position
    1. Mr. CHERDPONG SIRIWIT CHAIRMAN OF THE BOARD
    2. Mrs. PATAMA WONGTOYTHONG CHAIRMAN OF THE EXECUTIVE BOARD / DEPUTY CHAIRMAN OF THE BOARD
    3. Mr. WAIWIT UDAYACHALERM DIRECTOR
    4. Mr. PUPAA TAECHANARONG DIRECTOR
    5. Mrs. RAWITTHA PONGNUCHIT INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    6. Mr. TANEE TEMBOONSAK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. GEN. PUDIT TATTIYACHOT AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    18 Jan 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 1,088.25  544.12  544.12 
    Market Cap (MB.) 1,327.66  816.19  642.07 
    Price (B./share) 1.22  1.50  0.80 
    BVPS (B./Share) 0.29  0.29  1.45 
    P/BV (X) 5.78  7.10  0.81 
    P/E (X) N/A  N/A  N/A 
    Turnover Ratio (%) 24.70  675.34  87.95 
    Value Trade/Day (MB.) 26.92  30.67  2.09 
    Beta 0.95  1.22  0.91 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -18.67  88.02  -23.38 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio N/A  N/A  N/A 
    Dividend Policy Not higher than 40 percent of its annual net profit shown in the Company's separate financial statements after tax and deduction of statutory reserves as well as other reserves (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2021)
    MISS CHAOVANA VIWAPANACHATI/OFFICE OF PITISEVI COMPANY LIMITED
    MISS WANPEN AUNRUEN/OFFICE OF PITISEVI COMPANY LIMITED
    MISS PORNTIP AMORNCHAILERTPATTANA/OFFICE OF PITISEVI 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/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 37.52 22.76 21.51 30.59 23.22
    A/R Net 61.06 127.45 108.24 148.62 125.23
    Inventories 47.41 75.81 60.52 98.23 286.05
    Current Assets 167.11 247.22 206.24 297.19 599.32
    PP&E Net 1,433.08 1,924.07 1,535.61 2,065.65 2,197.17
    Non-Current Assets 1,612.38 2,058.10 1,715.58 2,176.15 2,374.91
    Total Assets 1,779.49 2,305.32 1,921.81 2,473.34 2,974.23
    OD 53.96 90.83 91.93 109.03 451.70
    A/P Net 237.00 202.12 196.83 197.97 271.66
    Current portion of LT 48.50 82.89 84.82 80.94 227.87
    Current Liabilities 760.07 686.25 692.20 656.05 1,156.81
    Non-Current Liabilities 707.54 741.94 727.44 775.25 339.38
    Total Liabilities 1,467.61 1,428.18 1,419.64 1,431.30 1,496.19
    Authorized Capital 544.12 544.12 544.12 870.60 870.60
    Paid-Up Capital 544.12 544.12 544.12 544.12 544.12
    Premium (Discount) on Share Capital 1,218.76 1,218.76 1,218.76 1,218.76 1,218.76
    Retained Earnings (Deficit) -1,769.52 -1,209.53 -1,578.70 -1,040.77 -601.06
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 236.42 236.42 236.42 236.42 236.42
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 229.79 789.78 420.61 958.55 1,398.25
    Minority Interest 82.09 87.35 81.56 83.50 79.78
    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 122.73 243.01 279.29 416.48 693.17
    Other Income 2.48 6.01 12.88 14.32 9.56
    Total Revenues 125.20 249.02 292.17 430.81 702.73
    Costs 101.58 324.30 225.46 643.41 941.59
    Selling And Administrative Expenses 80.36 49.93 83.20 121.65 117.75
    Total Cost And Expenses 272.56 374.23 825.69 765.06 1,059.34
    EBITDA -40.89 4.07 -361.61 -159.24 -175.35
    Depre. & Amor. 106.47 129.29 171.91 175.69 181.45
    EBIT -147.36 -125.21 -533.52 -334.93 -356.79
    Net Profit : Owners Of The Parent -190.82 -170.95 -540.87 -435.36 -383.32
    EPS (B.) -0.35 -0.31 -0.99 -0.80 -0.70
    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 44.66 41.42 40.23 83.35 74.91
    Investing Cash Flow 5.05 0.37 8.67 -25.67 28.05
    Financing Cash Flow -33.70 -49.61 -57.98 -50.31 -98.92
    Net Cash Flow 16.01 -7.83 -9.08 7.37 4.05
    more
    Annualized: ROE, ROA
    Ratios 9M/2021  9M/2020  2020  2019 
    Current Ratio (X) 0.22 0.36 0.30 0.45
    ROE (%) -109.99 -28.53 -78.43 -36.94
    ROA (%) -27.21 -7.02 -24.28 -12.30
    D/E (X) 4.71 1.63 2.83 1.37
    Total Asset Turnover (X) 0.08 0.15 0.13 0.16
    Gross Profit Margin (%) -56.61 -33.45 19.27 -54.49
    EBIT Margin (%) -117.70 -50.28 -182.61 -77.74
    Net Profit Margin (%) -151.98 -67.10 -185.79 -100.19

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    17 Dec 2021 XR 544,124,723 1,088,249,446 1.00

    Growth Rate (%) 9M/2021  9M/2020  2020  2019 
    Sales Growth -49.50 -21.61 -32.94 -39.92
    COGs Growth -40.73 -35.86 -64.96 -31.67
    Total Revenue Growth -49.72 -21.60 -32.18 -38.70
    Total Expense Growth -27.17 -38.07 7.93 -27.78
    Net Profit Growth N/A N/A N/A N/A

    Annualized
    Cash Cycle 9M/2021  9M/2020  2020  2019 
    A/R Turnover (Times) 1.69 2.19 2.17 3.04
    Avg. Collection Period (Days) 216.37 166.36 167.85 120.00
    Inventory Turnover (Times) 1.52 4.48 2.84 3.35
    Avg. Inventory Period (Days) 240.85 81.52 128.50 109.00
    A/P Turnover (Times) 0.43 2.05 1.14 2.74
    Avg. Payment Period (Days) 858.33 178.07 319.57 133.21
    Cash Cycle (Days) -401.11 69.81 -23.22 95.79


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    C 17 Nov 2021 -

    Market Alert (Latest)
    Cash Balance (Level C) 17 Nov 2021
    more

    Only Preferred Share and Warrants
    Other Securities
    Securities Name SOLAR-W1, SOLAR-W1-R

    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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