Company Summary
STARK STARK CORPORATION PUBLIC COMPANY LIMITED
Industrials/Industrial Materials & Machinery
SET100 / SETCLMV
CG Report:   
 
  Data as of 14 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
4.52 5.45 / 3.68 23.20 9.27 11,906.40 53,816.95 85,377.54 3,393.12 20.11
News
Date/Time Subject
30 Dec 2021 12:32   Right of Shareholders to propose Agenda and Nominees to be elected as Directors in Advance to the 2022 Annual General Meeting of Shareholders
12 Nov 2021 08:50   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2021 (Amendment No.2)
11 Nov 2021 21:00   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2021 (Amendment No.1)
11 Nov 2021 20:12   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2021
11 Nov 2021 20:11   Financial Performance Quarter 3 (F45) (Reviewed)
more

Company Profile
Address 518/5 Maneeya Building Center, 16th Floor, Ploenchit Rd., Lumpinee, Pathumwan Bangkok 10330
Telephone 0-2680-5800
Fax -
URL www.starkcorporation.com
  Annual Report 2020
Establish Date 06/1990 Listed Date 22/03/2005
IPO Price (Baht) 2.65 @Par1.00 Baht
IPO Financial Advisory
  • MAYBANK SECURITIES (THAILAND) PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 0.50 : New 1.00 @ 29/12/2020

    Market/Industry/Sector Change
    Effective Date 25/07/2019
    Previous Market/Industry/Sector SET  / Services / Media & Publishing
    Current Market/Industry/Sector SET  / Industrials / Industrial Materials & Machinery

    Business
    A holding company which subsidiary companies are major wire and cable manufacturers with over 50 years of experience in the industry. In addition to wire and cable business, STARK operates logistics business.

    Free Float 05 Apr 2021 04 Nov 2020
    % /Shareholders
    28.84% 21,128 20.84% 7,281
    Foreign Shareholders 26.47% (As of 14/01/2022) Foreign Limit 49.00%
    NVDR Shareholders  2.71% (As of 14/01/2022)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -2.59 -1.27 -3.46
    20 Days -8.50 -2.85 -10.80
    60 Days - -1.69 -1.89
    120 Days 14.72 1.68 7.66
    YTD -4.64 -1.71 -5.50
    P/E (X) 23.20 24.96 21.01
    P/BV (X) 9.27 2.71 1.80
    Turnover Ratio (%) 0.52 0.49 2.25

    Top 10 Major Shareholders(@05 Apr 2021) Share %
    1. นาย วนรัชต์ ตั้งคารวคุณ 5,796,750,000 48.69
    2. Stark Investment Corporation Limited 2,500,000,000 21.00
    3. MR. REWIN PATAIBUNLUE 519,758,533 4.37
    4. นาย ณัฐภัทร ศุภนันตฤกษ์ 241,177,719 2.03
    5. MR. Vonnarat Tangkaravakoon 175,000,000 1.47
    6. นาย นเรศ งามอภิชน 111,000,000 0.93
    7. CREDIT SUISSE AG, SINGAPORE BRANCH 108,500,000 0.91
    8. BANK OF SINGAPORE LIMITED-CLIENT 101400 108,000,000 0.91
    9. THE HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED 91,100,000 0.77
    10. กองทุนเปิด บัวหลวงหุ้นระยะยาว 73,527,300 0.62

    Management Position
    1. Mr. CHANIN YENSUDCHAI CHAIRMAN
    2. Mr. PRAKORN MAKJUMROEN CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. VONNARAT TANGKARAVAKOON DIRECTOR
    4. Mr. CHINAWAT ASSAVAPOKEE DIRECTOR
    5. Mr. SATHAR CHANTRASETTALEAD DIRECTOR
    6. Mr. NIROUTH JEAKVATHANYOO DIRECTOR
    7. Mr. SONGPOPE POLACHAN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mr. KUSOL SANGKANANTA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. NITI JUNGNITNIRUNDR INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    14 Jan 2022
    2021
    30 Dec 2021
    2020
    30 Dec 2020
    Listed share (M.) 11,906.40  11,906.40  11,906.40 
    Market Cap (MB.) 53,816.95  56,436.36  50,721.29 
    Price (B./share) 4.52  4.74  4.26 
    BVPS (B./Share) 0.49  0.49  0.28 
    P/BV (X) 9.27  9.72  15.18 
    P/E (X) 23.20  24.33  41.03 
    Turnover Ratio (%) 4.79  169.41  71.97 
    Value Trade/Day (MB.) 290.73  369.84  139.60 
    Beta 0.67  0.96  0.37 
     
    Rate of Return YTD  2021  2020 
    Price Change (%) -4.64  11.27  0.47 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio
    Dividend Policy Not less than 50 percent of its net profits based on the Company?s separate financial statements after tax and statutory reserve as required by law, other reserves (if any) (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2021)
    MR. CHAVALA TIENPASERTKIJ/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    MR. WONLOP VILAIVARAVIT/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    MRS. WILASINEE KRISHNAMRA/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    Mr. NANTAWAT SUMRAUNHANT/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    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 Company
    Cash And Cash Equivalents 1,134.76 449.82 1,156.03 1,431.14 10.00
    A/R Net 14,063.97 5,585.26 6,041.75 3,464.59 165.59
    Inventories 10,977.76 7,746.12 8,618.00 3,671.42 455.42
    Current Assets 27,201.23 14,509.93 16,330.92 8,707.07 632.98
    PP&E Net 4,507.61 4,225.97 4,212.54 2,603.58 83.48
    Non-Current Assets 11,301.22 11,055.54 10,985.57 3,947.62 147.98
    Total Assets 38,502.45 25,565.47 27,316.49 12,654.69 780.96
    OD 2,321.71 7,923.29 7,107.24 1,706.30 179.77
    A/P Net 17,637.47 8,497.65 10,247.60 4,840.80 213.94
    Current portion of LT 1,737.81 990.18 1,056.84 666.27 18.10
    Current Liabilities 23,085.42 18,334.69 19,649.17 8,137.51 441.81
    Non-Current Liabilities 9,545.29 3,836.07 3,903.60 2,203.82 239.42
    Total Liabilities 32,630.71 22,170.77 23,552.77 10,341.33 681.23
    Authorized Capital 15,875.21 12,146.40 15,875.21 14,332.76 403.97
    Paid-Up Capital 11,906.40 11,906.40 11,906.40 14,049.56 323.21
    Premium (Discount) on Share Capital - - - -1,711.14 33.85
    Retained Earnings (Deficit) 4,722.24 2,487.23 2,935.11 964.68 -257.33
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -10,821.54 -11,051.80 -11,133.01 -11,035.37 -
     - Surplus (Deficits) -493.20 -493.20 -493.20 -493.20 -
    Shareholders' Equity 5,807.10 3,341.84 3,708.50 2,267.72 99.73
    Minority Interest 64.64 52.86 55.22 45.64 -
    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 Company
    Revenue From Operations 19,684.88 11,916.61 16,858.04 11,528.85 341.05
    Other Income 16.89 42.10 40.61 10.19 20.59
    Total Revenues 19,729.14 11,973.06 16,917.68 11,607.71 361.65
    Costs 15,866.00 9,792.89 13,869.41 10,102.65 425.24
    Selling And Administrative Expenses 790.58 550.85 865.59 607.44 104.25
    Total Cost And Expenses 16,497.63 10,355.98 14,720.23 10,872.54 529.49
    EBITDA 3,393.12 2,202.20 3,055.03 1,083.15 -140.68
    Depre. & Amor. 318.14 262.18 357.43 192.77 27.16
    EBIT 3,074.98 1,940.02 2,697.60 890.38 -167.84
    Net Profit : Owners Of The Parent 1,875.03 1,163.89 1,608.66 123.92 -183.65
    EPS (B.) 0.16 0.05 0.14 0.01 -0.57
    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 Company
    Operating Cash Flow -1,222.49 1,994.77 3,003.56 676.10 40.04
    Investing Cash Flow -358.61 -6,763.81 -6,531.81 -620.13 25.87
    Financing Cash Flow 1,345.02 3,788.09 3,272.85 720.07 -67.19
    Net Cash Flow -236.08 -980.96 -255.40 776.04 -1.28
    more
    Annualized: ROE, ROA
    Ratios 9M/2021  9M/2020  2020  2019 
    Current Ratio (X) 1.18 0.79 0.83 1.07
    ROE (%) 50.71 40.05 53.84 10.47
    ROA (%) 11.96 12.06 13.50 13.25
    D/E (X) 5.56 6.53 6.26 4.47
    Total Asset Turnover (X) 0.77 0.83 0.85 1.73
    Gross Profit Margin (%) 19.40 17.82 17.73 12.37
    EBIT Margin (%) 15.59 16.20 15.95 7.67
    Net Profit Margin (%) 9.55 9.79 9.57 2.08

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    21 Dec 2020 PP 1 23,812,809,912 0.50
    27 Sep 2019 XR 1,322,932,240 23,812,809,911 1.00
    09 Jul 2019 PP 666,666,666 22,489,877,671 1.00
    09 Jul 2019 PP 21,500,000,000 21,823,211,005 1.00

    Growth Rate (%) 9M/2021  9M/2020  2020  2019 
    Sales Growth 65.19 57.62 46.22 3,280.39
    COGs Growth 62.02 47.84 37.28 2,275.73
    Total Revenue Growth 64.78 58.19 45.75 3,109.69
    Total Expense Growth 59.31 44.29 35.39 1,953.40
    Net Profit Growth 61.10 2,156.21 1,198.11 N/A

    Annualized
    Cash Cycle 9M/2021  9M/2020  2020  2019 
    A/R Turnover (Times) 2.51 3.95 3.55 6.35
    Avg. Collection Period (Days) 145.62 92.47 102.91 57.47
    Inventory Turnover (Times) 2.13 2.20 2.26 4.90
    Avg. Inventory Period (Days) 171.35 166.17 161.71 74.55
    A/P Turnover (Times) 1.53 1.90 1.84 4.00
    Avg. Payment Period (Days) 239.17 192.35 198.54 91.31
    Cash Cycle (Days) 77.79 66.30 66.08 40.70


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

    Market Alert (Latest)
    No Information Found
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    Only Preferred Share and Warrants
    Other Securities
    Securities Name STARK-W1, STARK-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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