Company Summary
SPRC STAR PETROLEUM REFINING PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET50 / SETHD / SETCLMV
CG Report:   
 
  Data as of 16 Nov 2018  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
12.60 18.10 / 12.50 6.27 1.29 30,004.44 54,632.37 75,010.34 9,806.93 5.49
News
Date/Time Subject
09 Nov 2018 09:13   The small leakage on a by-pass valve
02 Nov 2018 17:07   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2018
02 Nov 2018 17:04   Financial Statement Quarter 3/2018 (Reviewed)
02 Nov 2018 17:04   Reviewed Quarter 3 F/S (F45-1)
24 Sep 2018 08:51   Right of shareholders to propose the agenda and nominate the qualified candidates for being directors in advance for the 2019 Annual General Meeting of Shareholders
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 2017
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 02 Mar 2018 03 Mar 2017
    % /Shareholders
    39.36% 12,333 28.57% 7,072
    Foreign Shareholders 70.21% (As of 16/11/2018) Foreign Limit 100.00%
    NVDR Shareholders  7.64% (As of 16/11/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -3.08 -0.44 -1.09
    20 Days -13.10 -8.03 -9.76
    60 Days -19.23 -16.99 -16.96
    120 Days -19.23 -11.67 -13.52
    YTD -26.32 -26.33 -20.97
    P/E (X) 6.27 11.62 15.50
    P/BV (X) 1.29 1.67 1.86
    Turnover Ratio (%) 0.25 0.39 0.61

    Top 10 Major Shareholders(@28 Aug 2018) Share %
    1. CHEVRON SOUTH ASIA HOLDINGS PTE LTD 2,625,888,656 60.56
    2. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 353,055,482 8.14
    3. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 110,319,832 2.54
    4. STATE STREET EUROPE LIMITED 102,408,900 2.36
    5. THE BANK OF NEW YORK (NOMINEES) LIMITED 37,774,200 0.87

    Management Position
    1. Mr. ANDREW BENJAMIN WALZ 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
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    16 Nov 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 4,335.90  4,335.90  4,335.90 
    Market Cap (MB.) 54,632.37  74,143.93  53,765.19 
    Price (B./share) 12.60  17.10  12.40 
    BVPS (B./Share) 9.76  9.31  8.69 
    P/BV (X) 1.29  1.84  1.43 
    P/E (X) 6.27  8.12  6.96 
    Turnover Ratio (%) 82.02  101.34  116.24 
    Value Trade/Day (MB.) 253.22  273.22  223.95 
    Beta 0.97  0.94  1.05 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -26.32  37.90  37.02 
    Dividend Yield (%) 9.07  6.91  2.13 
    Payout Ratio 0.57  0.56  0.15 
    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
    01 Jul 2015 - 31 Dec 2015 0.26377 Baht 19 May 2016 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    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.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash 43.23 1,413.50 2,171.36 232.91 3,948.51
    A/R Net 15,269.06 9,686.12 12,253.11 11,646.75 8,659.59
    Inventories 18,327.84 12,816.84 14,244.42 11,776.46 9,033.04
    Current Assets 33,737.33 24,007.66 28,764.76 23,706.53 21,881.41
    PP&E Net 28,819.13 31,975.63 30,791.31 36,170.59 39,005.52
    Total Assets 62,744.12 56,207.26 59,797.13 60,187.99 61,121.85
    OD 8,636.23 - - - -
    A/P Net 8,784.99 9,786.99 10,024.80 8,232.36 7,085.51
    Current portion of LT 298.62 2,989.97 2,354.05 3,840.27 1,329.31
    Current Liabilities 19,697.28 14,509.14 16,848.07 14,291.12 20,021.36
    Non-Current Liabilities 723.93 1,326.28 848.09 4,177.70 4,375.64
    Total Liabilities 20,421.21 15,835.42 17,696.16 18,468.82 24,396.99
    Authorized Capital 30,004.44 30,004.44 30,004.44 30,004.44 33,038.45
    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) 16,391.74 13,195.89 15,769.04 11,672.24 6,486.00
    Treasury Stock - - - - -
    Shareholders' Equity 42,322.92 40,371.84 42,100.97 41,719.17 36,724.86
    Minority Interest - - - - -
    more
    Statement of Comprehensive Income (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Sales 154,491.50 125,199.90 170,535.40 154,953.51 178,876.88
    Other Income 829.67 1,155.38 1,555.85 740.13 728.39
    Total Revenues 155,321.17 126,355.27 172,091.25 155,693.64 179,605.26
    COGs 146,818.34 117,815.88 160,130.68 143,714.89 167,751.92
    SG&A 695.12 699.84 942.69 935.19 1,222.28
    Total Expenses 147,557.50 118,516.42 161,074.25 144,650.07 168,986.63
    EBITDA 9,806.93 9,980.35 13,844.90 13,963.69 13,418.26
    Depre. & Amor. 2,043.26 2,141.50 2,827.90 2,920.13 2,799.63
    EBIT 7,763.67 7,838.86 11,017.00 11,043.57 10,618.63
    Net Profit 6,144.04 6,322.20 8,895.35 8,688.09 8,227.47
    EPS (B.) 1.42 1.46 2.05 2.00 1.99
    more
    Statement of Cash Flow (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow -2,738.86 9,123.99 10,860.08 7,636.58 20,533.62
    Investing Cash Flow -403.84 -365.19 -503.03 -537.03 -467.61
    Financing Cash Flow 1,163.53 -7,535.93 -8,413.02 -10,653.62 -17,835.60
    Net Cash Flow -1,979.17 1,222.87 1,944.03 -3,554.07 2,230.41
    more
    Annualized: ROE, ROA
    Ratios 9M/2018  9M/2017  2017  2016 
    Current Ratio (X) 1.71 1.65 1.71 1.66
    ROE (%) 21.08 23.40 21.22 22.15
    ROA (%) 18.40 20.23 18.36 18.21
    D/E (X) 0.48 0.39 0.42 0.44
    Total Asset Turnover (X) 3.38 3.01 2.87 2.57
    Gross Profit Margin (%) 4.97 5.90 6.10 7.25
    EBIT Margin (%) 5.00 6.20 6.40 7.09
    Net Profit Margin (%) 3.96 5.00 5.17 5.58

    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/2018  9M/2017  2017  2016 
    Sales Growth 23.40 13.01 10.06 -13.37
    COGs Growth 24.62 13.90 11.42 -14.33
    Total Revenue Growth 22.92 13.26 10.53 -13.31
    Total Expense Growth 24.50 13.82 11.35 -14.40
    Net Profit Growth -2.82 7.56 2.39 5.60

    Annualized
    Cash Cycle 9M/2018  9M/2017  2017  2016 
    A/R Turnover (Times) 16.01 18.00 14.27 15.26
    Avg. Collection Period (Days) 22.79 20.28 25.58 23.92
    Inventory Turnover (Times) 12.15 13.71 12.31 13.81
    Avg. Inventory Period (Days) 30.05 26.63 29.66 26.43
    A/P Turnover (Times) 20.37 16.51 17.54 18.76
    Avg. Payment Period (Days) 17.92 22.11 20.81 19.45
    Cash Cycle (Days) 34.92 24.80 34.42 30.89


    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.