Company Summary
STGT SRI TRANG GLOVES (THAILAND) PUBLIC COMPANY LIMITED
Consumer Products/Personal Products & Pharmaceuticals
SET50
CG Report:   -
 
  Data as of 18 Oct 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
32.75 49.00 / 29.50 3.10 2.43 1,431.63 93,771.81 82,269.00 19,583.31 2.38
News
Date/Time Subject
14 Oct 2021 18:18   Notification of the Entering into Connected Transaction
07 Oct 2021 17:25   The Establishment of New Subsidiary in Indonesia
25 Aug 2021 13:10   The Establishment of New Subsidiary in Singapore
24 Aug 2021 17:13   The Establishment of New Subsidiary in Singapore
11 Aug 2021 09:13   Resolution Board of Directors Meeting regarding the Interim Dividend Payment, Establishment of Corporate Governance and Sustainable Development Committee, Appointment of Company Secretary, and Entering into Connected Transactions (Revised)
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Company Profile
Address No. 110 Kanjanavanit Road, Pahtong, Hat Yai Songkhla 90230
Telephone 0-2207-4500
Fax 0-2108-2241-44
URL www.sritranggloves.com
  Annual Report 2020
Establish Date 09/01/1989 Listed Date 02/07/2020
IPO Price (Baht) 34.00 @Par1.00 Baht
IPO Financial Advisory
  • FINANSA SECURITIES LIMITED
  • Par 0.50 Baht
    Last Par Change Old 1.00 : New 0.50 @ 05/01/2021

    Business
    Manufacturing and distribution of medical examination latex gloves and other industrial latex gloves. Main products include natural latex powdered gloves, natural latex powder-free gloves and nitrile gloves.

    Free Float 02 Mar 2021 01 Jul 2020
    % /Shareholders
    34.33% 38,071 38.01% 9,971
    Foreign Shareholders 4.24% (As of 18/10/2021) Foreign Limit 49.00%
    NVDR Shareholders  4.32% (As of 18/10/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 6.50 1.65 6.21
    20 Days -3.68 -0.79 -4.75
    60 Days -17.09 -3.94 -20.60
    120 Days -25.99 -6.37 -30.26
    YTD -13.82 -5.02 -24.02
    P/E (X) 3.10 3.91 21.01
    P/BV (X) 2.43 2.28 1.77
    Turnover Ratio (%) 0.58 0.34 1.53

    Top 10 Major Shareholders(@24 Aug 2021) Share %
    1. SRITRANG AGRO-INDUSTRY PUBLIC CO.,LTD. 1,450,074,600 50.64
    2. บริษัท รับเบอร์แลนด์ โปรดักส์ จำกัด 155,326,800 5.42
    3. บริษัท Thai NVDR Company Limited 133,984,038 4.68
    4. MR. VIYAVOOD SINCHAROENKUL 123,598,400 4.32
    5. บริษัท ศรีตรัง โฮลดิ้งส์ จำกัด 106,753,800 3.73
    6. STATE STREET EUROPE LIMITED 22,577,266 0.79
    7. THE CENTRAL DEPOSITORY(PTE)LIMITED-LISTED SECURITIES 15,383,300 0.54
    8. SOUTH EAST ASIA UK (TYPE A) NOMINEES LIMITED 13,226,526 0.46
    9. นาย กิติชัย สินเจริญกุล 12,677,800 0.44
    10. MR. Paul Sumade Lee 12,540,000 0.44

    Management Position
    1. Mr. WEERAKORN ONGSAKUL CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    2. Mr. VIYAVOOD SINCHAROENKUL CHAIRMAN OF EXECUTIVE COMMITTEE / DIRECTOR
    3. Mr. KITICHAI SINCHAROENKUL VICE CHAIRMAN
    4. Miss JARINYA JIROJKUL CHIEF EXECUTIVE OFFICER / DIRECTOR
    5. Mr. VEERASITH SINCHAREONKUL DIRECTOR
    6. Miss THANAWAN SA-NGIAMSAK DIRECTOR
    7. Mr. VITANATH SINCHAROENKUL DIRECTOR
    8. Mr. ANAN PRUKSANUSAK DIRECTOR
    9. Mr. CHEE PING CHIA DIRECTOR
    10. Mr. SARANA BOONBAICHAIYAPRUCK INDEPENDENT DIRECTOR
    11. Mrs. UNAKORN PHRUITHITHADA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. GEN. BUNDIT BOONYAPAN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    18 Oct 2021
    2020
    30 Dec 2020
    Listed share (M.) 2,863.26  1,428.78 
    Market Cap (MB.) 93,771.81  108,587.28 
    Price (B./share) 32.75  38.00 
    BVPS (B./Share) 13.51  17.48 
    P/BV (X) 2.43  4.35 
    P/E (X) 3.10  17.91 
    Turnover Ratio (%) 170.37  234.46 
    Value Trade/Day (MB.) 1,035.43  2,094.30 
    Beta -0.34  -0.55 
     
    Rate of Return YTD  2020 
    Price Change (%) -13.82  11.76 
    Dividend Yield (%) 8.00  N/A 
    Payout Ratio 0.51  0.29 
    Dividend Policy At Least 50 percent of its net profit based on the Company?s separate financial statements after deductions of corporate income tax and allocation of all types of reserves (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Apr 2021 - 30 Jun 2021 1.25 Baht 07 Sep 2021 Cash
    01 Jan 2021 - 31 Mar 2021 1.50 Baht 10 Jun 2021 Cash
    01 Jan 2020 - 31 Dec 2020 2.00 Baht 28 Apr 2021 Cash
    01 Jan 2020 - 30 Sep 2020 1.25 Baht 09 Dec 2020 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MR. SUPACHAI PHANYAWATTANO/EY OFFICE LIMITED
    Mr. NATTHAWUT SANTIPET/EY OFFICE LIMITED
    MiSS KRONGKAEW LIMKITTIKUL/EY OFFICE LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 25,394.98 14,375.71 24,188.75 581.26
    A/R Net 6,748.04 1,768.55 4,906.96 1,611.83
    Inventories 5,063.86 1,613.15 3,033.59 1,611.75
    Current Assets 37,900.86 18,370.07 33,138.12 4,312.31
    PP&E Net 13,644.73 8,689.67 9,521.41 8,562.27
    Non-Current Assets 14,603.83 9,106.21 10,155.29 8,903.79
    Total Assets 52,504.68 27,476.28 43,293.41 13,216.10
    OD - 61.78 - 263.85
    A/P Net 3,369.44 2,110.10 3,573.45 1,392.80
    Current portion of LT 1,063.23 615.16 774.22 947.49
    Current Liabilities 6,598.82 3,055.52 5,825.26 2,773.01
    Non-Current Liabilities 7,293.35 3,875.25 5,770.66 6,041.06
    Total Liabilities 13,892.17 6,930.78 11,595.91 8,814.07
    Authorized Capital 1,434.78 1,434.78 1,434.78 1,434.78
    Paid-Up Capital 1,428.78 1,428.78 1,428.78 990.00
    Premium (Discount) on Share Capital 14,243.22 14,243.22 14,243.22 -
    Retained Earnings (Deficit) 22,723.91 4,244.74 15,382.52 2,728.87
    Treasury Stock - - - -
    Shares Of The Company Held By Subsidiaries - - - -
    Other Components Of Equity 216.59 628.76 642.97 683.15
     - Surplus (Deficits) 76.40 639.54 641.41 685.46
    Shareholders' Equity 38,612.51 20,545.51 31,697.50 4,402.03
    Minority Interest - - - -
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    Statement of Comprehensive Income (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 28,401.36 8,617.34 30,405.12 11,994.15
    Other Income 82.75 47.22 248.12 140.25
    Total Revenues 28,535.76 8,665.69 30,692.41 12,139.69
    Costs 8,330.42 6,493.20 13,602.33 10,555.48
    Selling And Administrative Expenses 919.41 444.33 1,100.34 725.40
    Total Cost And Expenses 9,249.83 6,983.26 14,765.10 11,311.90
    EBITDA 19,583.31 2,206.50 17,160.44 1,707.66
    Depre. & Amor. 597.44 491.61 1,071.81 795.54
    EBIT 18,985.87 1,714.90 16,088.62 912.12
    Net Profit : Owners Of The Parent 17,331.67 1,478.66 14,400.87 634.30
    EPS (B.) 6.07 1.49 5.94 0.83
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    Statement of Cash Flow (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 14,779.31 2,576.40 13,610.62 1,342.57
    Investing Cash Flow -5,227.67 -613.63 -2,051.37 -3,315.01
    Financing Cash Flow -8,562.20 11,833.37 12,035.46 1,999.88
    Net Cash Flow 989.44 13,796.14 23,594.71 27.44
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    Annualized: ROE, ROA
    Ratios 6M/2021  6M/2020  2020  2019 
    Current Ratio (X) 5.74 6.01 5.69 1.56
    ROE (%) 102.28 8.75 79.78 14.41
    ROA (%) 83.42 7.91 56.94 6.90
    D/E (X) 0.36 0.34 0.37 2.00
    Total Asset Turnover (X) 1.26 0.54 1.09 0.92
    Gross Profit Margin (%) 70.67 24.65 55.26 11.99
    EBIT Margin (%) 66.53 19.79 52.42 7.51
    Net Profit Margin (%) 60.74 17.06 46.92 5.06

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    14 Jul 2021 PP 5,701,410 2,863,261,410 0.50

    Growth Rate (%) 6M/2021  6M/2020  2020  2019 
    Sales Growth 229.58 N/A 153.50 N/A
    COGs Growth 28.29 N/A 28.87 N/A
    Total Revenue Growth 229.30 N/A 152.83 N/A
    Total Expense Growth 32.46 N/A 30.53 N/A
    Net Profit Growth 1,072.12 N/A 2,170.37 N/A

    Annualized
    Cash Cycle 6M/2021  6M/2020  2020  2019 
    A/R Turnover (Times) 11.79 8.29 9.33 7.44
    Avg. Collection Period (Days) 30.97 44.02 39.13 49.05
    Inventory Turnover (Times) 4.62 7.32 5.86 6.55
    Avg. Inventory Period (Days) 78.92 49.84 62.33 55.73
    A/P Turnover (Times) 5.64 5.60 5.48 7.58
    Avg. Payment Period (Days) 64.77 65.19 66.63 48.16
    Cash Cycle (Days) 45.12 28.67 34.82 56.62


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    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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