Company Summary
SORKON S. KHONKAEN FOODS PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
SET
CG Report:   
 
  Data as of 16 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
4.78 5.95 / 4.66 13.93 1.31 323.40 1,545.85 2,858.84 77.23 10.08
News
Date/Time Subject
13 May 2021 17:10   Operating Result Quarter 1 Ending 31 Mar 2021
13 May 2021 17:09   Financial Performance Quarter 1 (F45) (Reviewed)
13 May 2021 17:07   Financial Statement Quarter 1/2021 (Reviewed)
05 May 2021 17:36   Changing of CFO
27 Apr 2021 18:42   Shareholders meeting's resolution
more

Company Profile
Address 259/13 SOI PRIDI BANOMYONG 13, SUKHUMVIT 71 ROAD, WATTHANA Bangkok 10110
Telephone 0-2391-1010
Fax 0-2391-1792
URL http://www.sorkon.co.th
  Annual Report 2020
Establish Date 28/6/1984 Listed Date 27/04/1993
IPO Price (Baht) 35.00 @Par10.00 Baht
IPO Financial Advisory
  • FINANCE ONE PUBLIC COMPANY LIMITED
    		•
    Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 30/07/2020

    Business
    The company is a manufacturer and distributor of food with 6 business units : 1) Traditional Thai food, 2) Seafood products, 3) Meat-Base snack, 4) Frozen food, 5) Quick Service Restaurant (QSR) operates under brand ?Zaap Express? and pork leg stew with rice, ?Yunnan? and 6) Swine Farm

    Free Float 12 Mar 2021 26 May 2020
    % /Shareholders
    40.24% 1,554 41.18% 598
    Foreign Shareholders 4.23% (As of 16/06/2021) Foreign Limit 49.00%
    NVDR Shareholders  1.74% (As of 16/06/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.27 1.76 1.36
    20 Days 0.42 -3.08 -4.23
    60 Days -3.63 -5.12 -7.23
    120 Days -16.14 -24.46 -23.51
    YTD -16.87 -28.23 -25.85
    P/E (X) 13.93 36.56 30.94
    P/BV (X) 1.31 2.19 1.78
    Turnover Ratio (%) 0.46 0.54 1.47

    Top 10 Major Shareholders(@07 May 2021) Share %
    1. นาย เจริญ รุจิราโสภณ 98,981,860 30.61
    2. นาง NIRAMON RUJIRASOPON 45,403,550 14.04
    3. นาย อยุทธ์ ชาญเศรษฐิกุล 20,900,000 6.46
    4. MR. JARUNPOJ RUJIRASOPON 13,963,580 4.32
    5. นาย JARASPON RUJIRASOPON 13,850,580 4.28
    6. QUINTET PRIVATE BANK (EUROPE) S.A. 13,582,570 4.20
    7. น.ส. อรพรรณ อัสสมงคล 12,006,560 3.71
    8. นาย ทรงเกียรติ รุจิราโสภณ 11,212,660 3.47
    9. นาย ธนาธิป พิเชษฐวณิชย์โชค 10,970,670 3.39
    10. นาย สุวิทย์ พิเชษฐวณิชย์โชค 6,664,660 2.06

    Management Position
    1. Mr. THANONG BIDAYA CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mr. CHAROEN RUJIRASOPON CHAIRMAN OF EXECUTIVE COMMITTEES / DIRECTOR
    3. Mr. JARASPON RUJIRASOPON CHIEF EXECUTIVE OFFICER / DIRECTOR
    4. Mr. JARUNPOJ RUJIRASOPON CHIEF EXECUTIVE OFFICER / DIRECTOR
    5. Mrs. NIRAMOL RUJIRASOPON DIRECTOR
    6. Mr. THANAKRIT RUJIRASOPON DIRECTOR
    7. Mrs. SIRILUCK CHAIVATTANAPRAPA DIRECTOR
    8. Mr. WORAPON LOPANSRI INDEPENDENT DIRECTOR / CHIEF OF AUDIT COMMITTEE
    9. Mr. CHUSAK VIJAKKHANA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. PRASARN MARUKPITAK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. CHAROENPHAN PHANTHUMONGKOL INDEPENDENT DIRECTOR
    12. Miss PANCHAMA VIPAMAS INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    16 Jun 2021    		 2020
    30 Dec 2020    		 2019
    30 Dec 2019
    Listed share (M.) 323.40  323.40  32.34 
    Market Cap (MB.) 1,545.85  1,859.55  1,633.17 
    Price (B./share) 4.78  5.75  5.05 
    BVPS (B./Share) 3.64  3.47  31.94 
    P/BV (X) 1.31  1.65  1.58 
    P/E (X) 13.93  11.99  18.32 
    Turnover Ratio (%) 11.80  5.75  1.83 
    Value Trade/Day (MB.) 1.74  0.24  0.15 
    Beta 0.23  0.32  0.15 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) -16.87  13.86  -26.01 
    Dividend Yield (%) 4.18  3.48  4.95 
    Payout Ratio 0.58  0.42  0.91 
    Dividend Policy Not lower than 50% of the net profits

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 31 Dec 2020 0.20 Baht 25 May 2021 Cash
    01 Jan 2019 - 31 Dec 2019 2.00 Baht 29 Apr 2020 Cash
    01 Jan 2018 - 31 Dec 2018 2.50 Baht 24 May 2019 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MISS RUNGNAPA LERTSUWANKUL/EY OFFICE LIMITED
    MISS PIMJAI MANITKAJOHNKIT/EY OFFICE LIMITED
    MISS ROSAPORN DECHARKOM/EY OFFICE LIMITED
    MISS SUMANA PUNPONGSANON/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)     		 3M/2020 
    (01/01/20 
    -31/03/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Cash And Cash Equivalents 168.13 90.26 160.84 152.25 78.31
    A/R Net 384.01 - - 469.54 -
    Inventories 224.36 206.82 217.33 250.92 174.26
    Current Assets 878.00 847.44 885.25 971.51 800.11
    PP&E Net 1,010.76 930.36 984.57 919.88 922.53
    Non-Current Assets 1,781.67 1,719.63 1,769.27 1,594.62 1,605.60
    Total Assets 2,659.67 2,567.07 2,654.52 2,566.13 2,405.71
    OD 460.00 388.85 421.01 514.49 443.55
    A/P Net 274.53 - - 296.97 -
    Current portion of LT 126.93 86.42 112.98 95.17 93.97
    Current Liabilities 910.75 822.64 908.78 946.74 899.93
    Non-Current Liabilities 568.81 625.11 600.08 533.83 447.62
    Total Liabilities 1,479.57 1,447.75 1,508.86 1,480.57 1,347.55
    Authorized Capital 323.40 323.40 323.40 323.40 323.40
    Paid-Up Capital 323.40 323.40 323.40 323.40 323.40
    Premium (Discount) on Share Capital 50.28 50.28 50.28 50.28 50.28
    Retained Earnings (Deficit) 591.02 544.76 556.61 511.35 483.90
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity 213.84 199.18 213.82 198.95 199.16
     - Surplus (Deficits) 37.55 199.16 213.57 199.16 37.55
    Shareholders' Equity 1,178.55 1,117.62 1,144.11 1,083.98 1,056.74
    Minority Interest 1.55 1.71 1.55 1.58 1.42
    more
    Statement of Comprehensive Income (MB.) 3M/2021 
    (01/01/21 
    -31/03/21)     		 3M/2020 
    (01/01/20 
    -31/03/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Revenue From Operations 657.97 721.00 2,763.32 2,836.99 2,869.75
    Other Income 16.20 5.41 30.39 27.76 59.63
    Total Revenues 674.16 726.41 2,793.92 2,864.96 2,929.91
    Costs 495.82 528.04 2,045.14 2,099.71 1,958.52
    Selling And Administrative Expenses 130.82 143.14 572.12 585.01 714.69
    Total Cost And Expenses 626.65 676.90 2,624.70 2,694.74 2,673.22
    EBITDA 77.23 78.62 285.06 271.27 377.68
    Depre. & Amor. 29.72 29.11 117.40 101.05 98.73
    EBIT 47.51 49.51 167.66 170.22 278.94
    Net Profit : Owners Of The Parent 34.42 33.41 109.93 112.11 191.27
    EPS (B.) 0.11 1.03 0.34 3.47 5.91
    more
    Statement of Cash Flow (MB.) 3M/2021 
    (01/01/21 
    -31/03/21)     		 3M/2020 
    (01/01/20 
    -31/03/20)     		 2020 
    (01/01/20 
    -31/12/20)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18) 
    Operating Cash Flow 18.56 125.19 356.34 114.95 275.72
    Investing Cash Flow -19.52 -25.92 -129.79 -72.87 77.94
    Financing Cash Flow 8.23 -161.49 -218.42 32.07 -356.00
    Net Cash Flow 7.27 -62.22 8.12 74.15 -2.34
    more
    Annualized: ROE, ROA
    Ratios 3M/2021  3M/2020  2020  2019 
    Current Ratio (X) 0.96 1.03 0.97 1.03
    ROE (%) 9.66 9.81 9.87 10.47
    ROA (%) 6.34 6.71 6.42 6.85
    D/E (X) 1.25 1.29 1.32 1.36
    Total Asset Turnover (X) 1.05 1.16 1.07 1.15
    Gross Profit Margin (%) 24.64 26.76 25.99 25.99
    EBIT Margin (%) 7.05 6.82 6.00 5.94
    Net Profit Margin (%) 5.12 4.62 3.95 3.93

    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 -8.74 4.75 -2.60 -1.14
    COGs Growth -6.10 5.24 -2.60 7.21
    Total Revenue Growth -7.19 4.28 -2.48 -2.22
    Total Expense Growth -7.42 4.97 -2.60 0.81
    Net Profit Growth 3.04 -9.95 -1.94 -41.39

    Annualized
    Cash Cycle 3M/2021  3M/2020  2020  2019 
    A/R Turnover (Times) 6.49 6.68 6.23 6.16
    Avg. Collection Period (Days) 56.26 54.66 58.58 59.21
    Inventory Turnover (Times) 9.34 10.35 8.74 9.88
    Avg. Inventory Period (Days) 39.09 35.28 41.79 36.96
    A/P Turnover (Times) 7.13 7.27 6.56 6.75
    Avg. Payment Period (Days) 51.20 50.24 55.61 54.04
    Cash Cycle (Days) 44.15 39.70 44.75 42.13


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

    Market Alert (Latest)
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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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