Company Summary
SORKON S. KHONKAEN FOODS PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
SET
CG Report:   
 
  Data as of 15 Jan 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
5.45 5.95 / 3.22 11.36 1.57 323.40 1,762.53 3,086.56 235.90 9.23
News
Date/Time Subject
12 Nov 2020 18:43   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
12 Nov 2020 18:42   Financial Performance Quarter 3 (F45) (Reviewed)
12 Nov 2020 18:41   Financial Statement Quarter 3/2020 (Reviewed)
28 Sep 2020 17:03   Advance Notice on Right of Shareholders to propose an Agenda and Director Nomination for the 27th Annual General Shareholders' Meeting (of the year 2021)
10 Aug 2020 17:44   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2020
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 2019
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 26 May 2020 12 Mar 2019
    % /Shareholders
    41.18% 598 42.58% 566
    Foreign Shareholders 6.71% (As of 15/01/2021) Foreign Limit 49.00%
    NVDR Shareholders  1.68% (As of 15/01/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -3.54 -5.99 -2.44
    20 Days -4.39 -4.97 -7.02
    60 Days 0.93 -7.48 -17.42
    120 Days 6.86 5.59 -4.73
    YTD -5.22 -9.55 -9.57
    P/E (X) 11.36 26.06 30.34
    P/BV (X) 1.57 2.04 1.72
    Turnover Ratio (%) 0.07 0.56 1.50

    Top 10 Major Shareholders(@26 May 2020) Share %
    1. นาย เจริญ รุจิราโสภณ 9,898,186 30.61
    2. นาง NIRAMON RUJIRASOPON 4,540,355 14.04
    3. นาย อยุทธ์ ชาญเศรษฐิกุล 2,029,700 6.28
    4. KBL EUROPEAN PRIVATE BANKERS S.A. 1,389,657 4.30
    5. น.ส. อรพรรณ อัสสมงคล 1,258,566 3.89
    6. นาย จรัญพจน์ รุจิราโสภณ 1,153,258 3.57
    7. นาย JARASPON RUJIRASOPON 1,133,358 3.50
    8. นาย ทรงเกียรติ รุจิราโสภณ 1,121,266 3.47
    9. นาย ธนาธิป พิเชษฐวณิชย์โชค 1,097,008 3.39
    10. นาย สาธิต วิทยากร 801,030 2.48

    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
    15 Jan 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 323.40  323.40  32.34 
    Market Cap (MB.) 1,762.53  1,859.55  1,633.17 
    Price (B./share) 5.45  5.75  5.05 
    BVPS (B./Share) 3.47  3.47  31.94 
    P/BV (X) 1.57  1.65  1.58 
    P/E (X) 11.36  11.99  18.32 
    Turnover Ratio (%) 0.38  5.75  1.83 
    Value Trade/Day (MB.) 0.69  0.24  0.15 
    Beta 0.31  0.32  0.15 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) -5.22  13.86  -26.01 
    Dividend Yield (%) 3.67  3.48  4.95 
    Payout Ratio 0.42  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 2019 - 31 Dec 2019 2.00 Baht 29 Apr 2020 Cash
    01 Jan 2018 - 31 Dec 2018 2.50 Baht 24 May 2019 Cash
    01 Jan 2017 - 31 Dec 2017 2.20 Baht 25 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MISS RUNGNAPA LERTSUWANKUL/EY OFFICE LIMITED
    MR. CHAYAPOL SUPPASEDTANON/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.) 9M/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Cash 112.39 104.73 152.25 78.31 80.68
    A/R Net 394.78 398.60 469.54 450.91 418.20
    Inventories 217.59 257.94 250.92 174.26 160.68
    Current Assets 829.81 841.60 971.51 800.11 720.03
    PP&E Net 947.48 914.89 919.88 922.53 930.18
    Total Assets 2,560.14 2,433.23 2,566.13 2,405.71 2,475.75
    OD 458.38 563.08 514.49 443.55 646.67
    A/P Net 279.35 314.33 296.97 324.74 286.32
    Current portion of LT 86.73 92.33 96.78 95.01 94.70
    Current Liabilities 860.50 991.46 946.74 899.93 1,056.93
    Non-Current Liabilities 574.12 407.30 533.83 447.62 481.14
    Total Liabilities 1,434.62 1,398.77 1,480.57 1,347.55 1,538.07
    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
    Other Surplus (Deficit) 199.16 37.55 199.16 37.55 199.16
    Retained Earnings (Deficit) 550.58 460.15 511.35 483.90 363.78
    Treasury Stock - - - - -
    Shareholders' Equity 1,123.72 1,032.80 1,083.98 1,056.74 936.64
    Minority Interest 1.80 1.66 1.58 1.42 1.04
    more
    Statement of Comprehensive Income (MB.) 9M/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Sales 2,075.39 2,098.27 2,836.99 2,869.75 2,733.84
    Other Income 29.95 21.70 27.98 82.41 42.83
    Total Revenues 2,105.34 2,119.97 2,864.96 2,952.16 2,776.66
    COGs 1,531.00 1,559.50 2,099.71 1,958.52 1,895.15
    SG&A 426.01 442.82 585.01 714.69 665.65
    Total Expenses 1,957.01 2,022.50 2,694.74 2,673.22 2,560.80
    EBITDA 235.90 172.74 271.27 377.68 313.27
    Depre. & Amor. 87.58 75.26 101.05 98.73 97.40
    EBIT 148.33 97.48 170.22 278.94 215.86
    Net Profit 103.91 60.90 112.11 191.27 136.40
    EPS (B.) 0.32 1.88 3.47 5.91 4.22
    more
    Statement of Cash Flow (MB.) 9M/2020 
    (01/01/20 
    -30/09/20) 
    9M/2019 
    (01/01/19 
    -30/09/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 284.38 121.89 114.95 275.72 222.03
    Investing Cash Flow -91.34 -47.00 -72.87 77.94 -125.13
    Financing Cash Flow -233.40 -48.28 32.07 -356.00 -95.58
    Net Cash Flow -40.36 26.61 74.15 -2.34 1.32
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 0.96 0.85 1.03 0.89
    ROE (%) 14.39 8.65 10.47 19.19
    ROA (%) 8.85 5.95 6.85 11.43
    D/E (X) 1.28 1.35 1.37 1.28
    Total Asset Turnover (X) 1.14 1.21 1.15 1.21
    Gross Profit Margin (%) 26.23 25.68 25.99 31.75
    EBIT Margin (%) 7.05 4.60 5.94 9.45
    Net Profit Margin (%) 4.94 2.87 3.91 6.48

    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/2020  9M/2019  2019  2018 
    Sales Growth -1.09 -1.20 -1.14 4.97
    COGs Growth -1.83 8.56 7.21 3.34
    Total Revenue Growth -0.69 -3.04 -2.95 6.32
    Total Expense Growth -3.24 3.63 0.81 4.39
    Net Profit Growth 70.63 -62.64 -41.39 40.23

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 7.09 7.12 6.16 6.60
    Avg. Collection Period (Days) 51.45 51.28 59.21 55.27
    Inventory Turnover (Times) 8.71 9.88 9.88 11.69
    Avg. Inventory Period (Days) 41.90 36.94 36.96 31.21
    A/P Turnover (Times) 6.98 6.70 6.75 6.41
    Avg. Payment Period (Days) 52.31 54.48 54.04 56.94
    Cash Cycle (Days) 41.04 33.74 42.13 29.54


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    Trading Alert Posted Date Lifted Date
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    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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