Company Summary
SPRC STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET100 / SETCLMV / SETHD
CG Report:   
 
  Data as of 17 Jul 2019  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
10.20 15.80 / 9.05 32.03 1.12 30,004.44 44,226.20 61,364.02 2,734.22 13.36
News
Date/Time Subject
27 Jun 2019 13:14   Notification on the scheduled shut down for maintenance of all its production units, the Capacity Increase Project of its Crude Distillation Unit (CDU) and related downstream units and Reliability Projects
23 May 2019 12:47   Revision of SPRC's Public Holidays for year 2019
14 May 2019 19:01   Notification of the Resolutions of the Board of Directors' Meeting No.2/2019 regarding Appointment of new director, Chairman of the Board of Directors and amendment of Authorized Directors (Revised)
14 May 2019 17:17   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2019
14 May 2019 17:17   Notification of the Resolutions of the Board of Directors' Meeting No.2/2019 regarding Appointment of new director, Chairman of the Board of Directors and amendment of Authorized Directors
more

Company Profile
Address No.1, I-3B Road, Map Ta Phut, Muang Rayong Rayong 21150
Telephone 0-3869-9000
Fax 0-3869-9999
URL www.sprc.co.th
  Annual Report 2018
Establish Date 20/11/1992 Listed Date 08/12/2015
IPO Price (Baht) 9.00 @Par6.92 Baht
IPO Financial Advisory
  • FINANSA SECURITIES LIMITED
  • BUALUANG SECURITIES PUBLIC COMPANY LIMITED
  • PHATRA SECURITIES PUBLIC COMPANY LIMITED
  • THE SIAM COMMERCIAL BANK PUBLIC COMPANY LIMITED
  • Par 6.92 Baht
    Last Par Change N/A

    Business
    SPRC's refinery produces petroleum products, which include LPG, premium and regular grades of unleaded gasoline, high speed diesel, jet fuel and fuel oil, as well as petrochemical feedstocks used in the petrochemical industry, which include PGP, LPG, chemical grade naphtha, mix C4 and reformate.

    Free Float 07 Mar 2019 02 Mar 2018
    % /Shareholders
    39.37% 22,204 39.36% 12,333
    Foreign Shareholders 71.03% (As of 17/07/2019) Foreign Limit 100.00%
    NVDR Shareholders  5.81% (As of 17/07/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 6.25 5.73 6.41
    20 Days 10.27 5.42 6.96
    60 Days -8.93 -11.13 -11.35
    120 Days -0.97 -9.30 -8.95
    YTD 6.25 -5.72 -3.33
    P/E (X) 32.03 16.82 18.52
    P/BV (X) 1.12 1.73 1.88
    Turnover Ratio (%) 0.66 0.78 1.06

    Top 10 Major Shareholders(@07 Mar 2019) Share %
    1. CHEVRON SOUTH ASIA HOLDINGS PTE LTD 2,625,888,656 60.56
    2. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 202,468,143 4.67
    3. STATE STREET EUROPE LIMITED 70,785,660 1.63
    4. RBC INVESTOR SERVICES TRUST 66,243,000 1.53
    5. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 58,327,192 1.35
    6. กองทุนเปิด กรุงศรีหุ้นระยะยาวปันผล 54,216,100 1.25
    7. BNY MELLON NOMINEES LIMITED 53,596,700 1.24
    8. กองทุนเปิด กรุงศรีหุ้นปันผล 28,366,100 0.65

    Management Position
    1. Mr. BRANT THOMAS FISH CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. TIMOTHY ALAN POTTER CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. PLIU MANGKORNKANOK VICE CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    4. Mr. NICOLAS MICHEL BOSSUT DIRECTOR
    5. Mrs. KHENG LING LOK DIRECTOR
    6. Mr. MANOON SIRIWAN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    7. Mr. ROBERT STAIR GUTHRIE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mrs. KAMONWAN WIPULAKORN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    17 Jul 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 4,335.90  4,335.90  4,335.90 
    Market Cap (MB.) 44,226.20  41,624.66  74,143.93 
    Price (B./share) 10.20  9.60  17.10 
    BVPS (B./Share) 9.10  9.76  9.31 
    P/BV (X) 1.12  0.98  1.84 
    P/E (X) 32.03  4.78  8.12 
    Turnover Ratio (%) 67.61  92.75  101.34 
    Value Trade/Day (MB.) 230.53  245.22  273.22 
    Beta 1.01  1.04  0.94 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) 6.25  -43.86  37.90 
    Dividend Yield (%) 5.81  11.90  6.91 
    Payout Ratio 1.86  0.63  0.56 
    Dividend Policy At least 50% of net profits for the year (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2018 - 30 Jun 2018 0.5928 Baht 13 Sep 2018 Cash
    01 Jul 2017 - 31 Dec 2017 0.6806 Baht 03 May 2018 Cash
    01 Jan 2017 - 30 Jun 2017 0.4621 Baht 08 Sep 2017 Cash
    01 Jan 2016 - 31 Dec 2016 0.6446 Baht 03 May 2017 Cash
    01 Jan 2016 - 30 Jun 2016 0.5378 Baht 09 Sep 2016 Cash
     
    Auditor
    (Effective Until 31/12/2019)
    MR. CHANCHAI CHAIPRASIT/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. BOONRUENG LERDWISESWIT/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. PONGTHAVEE RATANAKOSES/PRICEWATERHOUSE COOPERS ABAS LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 3M/2019 
    (01/01/19 
    -31/03/19) 
    3M/2018 
    (01/01/18 
    -31/03/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Cash 1,070.81 5,292.55 73.87 2,171.36 232.91
    A/R Net 11,495.03 13,443.32 12,540.56 12,253.11 11,646.75
    Inventories 16,540.12 15,219.34 12,820.02 14,244.42 11,776.46
    Current Assets 29,249.26 34,180.57 25,521.43 28,764.76 23,706.53
    PP&E Net 27,633.45 28,803.43 28,698.11 30,791.31 36,170.59
    Total Assets 57,676.00 63,196.22 55,010.64 59,797.13 60,187.99
    OD - - - - -
    A/P Net 13,756.28 12,718.78 12,125.59 10,024.80 8,232.36
    Current portion of LT - 1,413.28 - 2,354.05 3,840.27
    Current Liabilities 17,458.89 19,852.40 15,704.24 16,848.07 14,291.12
    Non-Current Liabilities 749.74 553.36 777.87 848.09 4,177.70
    Total Liabilities 18,208.63 20,405.75 16,482.12 17,696.16 18,468.82
    Authorized Capital 30,004.44 30,004.44 30,004.44 30,004.44 30,004.44
    Paid-Up Capital 30,004.44 30,004.44 30,004.44 30,004.44 30,004.44
    Premium (Discount) on Share Capital 977.71 977.71 977.71 977.71 977.71
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 14,187.89 18,341.84 12,510.96 15,769.04 11,672.24
    Treasury Stock - - - - -
    Shareholders' Equity 39,467.37 42,790.47 38,528.52 42,100.97 41,719.17
    Minority Interest - - - - -
    more
    Statement of Comprehensive Income (MB.) 3M/2019 
    (01/01/19 
    -31/03/19) 
    3M/2018 
    (01/01/18 
    -31/03/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Sales 47,397.33 49,457.70 209,159.31 170,535.40 154,953.51
    Other Income 340.80 740.06 877.60 1,555.85 740.13
    Total Revenues 47,738.13 50,197.76 210,036.91 172,091.25 155,693.64
    COGs 45,390.08 46,831.23 206,187.53 160,130.68 143,714.89
    SG&A 275.56 264.32 946.71 942.69 935.19
    Total Expenses 45,670.08 47,136.42 207,183.10 161,074.25 144,650.07
    EBITDA 2,734.22 3,731.51 5,590.54 13,844.90 13,963.69
    Depre. & Amor. 666.17 670.16 2,736.73 2,827.90 2,920.13
    EBIT 2,068.05 3,061.34 2,853.81 11,017.00 11,043.57
    Net Profit 1,690.21 2,572.80 2,263.25 8,895.35 8,688.09
    EPS (B.) 0.39 0.59 0.52 2.05 2.00
    more
    Statement of Cash Flow (MB.) 3M/2019 
    (01/01/19 
    -31/03/19) 
    3M/2018 
    (01/01/18 
    -31/03/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow 1,292.96 4,208.74 6,482.54 10,860.08 7,636.58
    Investing Cash Flow -273.91 -57.53 -803.98 -503.03 -537.03
    Financing Cash Flow - -835.23 -7,810.67 -8,413.02 -10,653.62
    Net Cash Flow 1,019.04 3,315.98 -2,132.11 1,944.03 -3,554.07
    more
    Annualized: ROE, ROA
    Ratios 3M/2019  3M/2018  2018  2017 
    Current Ratio (X) 1.68 1.72 1.63 1.71
    ROE (%) 3.36 19.96 5.61 21.22
    ROA (%) 3.08 16.53 4.97 18.36
    D/E (X) 0.46 0.48 0.43 0.42
    Total Asset Turnover (X) 3.43 2.79 3.66 2.87
    Gross Profit Margin (%) 4.23 5.31 1.42 6.10
    EBIT Margin (%) 4.33 6.10 1.36 6.40
    Net Profit Margin (%) 3.54 5.13 1.08 5.17

    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/2019  3M/2018  2018  2017 
    Sales Growth -4.17 10.20 22.65 10.06
    COGs Growth -3.08 12.25 28.76 11.42
    Total Revenue Growth -4.90 10.04 22.05 10.53
    Total Expense Growth -3.11 12.26 28.63 11.35
    Net Profit Growth -34.30 -11.56 -74.56 2.39

    Annualized
    Cash Cycle 3M/2019  3M/2018  2018  2017 
    A/R Turnover (Times) 16.61 14.67 16.87 14.27
    Avg. Collection Period (Days) 21.98 24.88 21.63 25.58
    Inventory Turnover (Times) 12.89 11.43 15.24 12.31
    Avg. Inventory Period (Days) 28.31 31.93 23.96 29.66
    A/P Turnover (Times) 15.47 14.06 18.62 17.54
    Avg. Payment Period (Days) 23.60 25.96 19.61 20.81
    Cash Cycle (Days) 26.69 30.85 25.98 34.42


    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 Information is provided for informative and educational purposes only.