Company Summary
SYNEX SYNNEX (THAILAND) PUBLIC COMPANY LIMITED
Technology/Information & Communication Technology
sSET / SETTHSI
CG Report:   
 
  Data as of 21 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
17.00 17.70 / 3.60 24.17 4.38 847.36 14,405.14 20,110.52 633.99 24.62
News
Date/Time Subject
30 Nov 2020 17:03   Invitation to shareholders to propose the agenda for the 2021 Annual General Meeting of Shareholders and Qualified Candidate to be Nominated as Director in advance
13 Nov 2020 18:06   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
13 Nov 2020 17:52   Financial Performance Quarter 3 (F45) (Reviewed)
13 Nov 2020 17:51   Financial Statement Quarter 3/2020 (Reviewed)
03 Nov 2020 17:13   Form to Report on Names of Members and Scope of Work of the Audit Committee (F24-1)
more

Company Profile
Address No. 433, Sukontasawat Road Khwang Lardprao, Khet Lardprao Bangkok 10230
Telephone 0-2553-8888
Fax 0-2578-8181
URL http://www.synnex.co.th
  Annual Report 2019
Establish Date 05/04/1988 Listed Date 16/06/2008
IPO Price (Baht) 2.90 @Par1.00 Baht
IPO Financial Advisory
  • CAPITAL NOMURA SECURITIES PCL.
    		•
    Par 1.00 Baht
    Last Par Change N/A

    Business
    The company distributes computers, computer peripherals, software, IT system, and computer consumables of over 50 world-recognized brands while the Company?s customer base includes countrywide computer retailers and wholesalers, local-branded computer manufacturers, department stores, superstores, and stationary shops, and etc.

    Free Float 08 May 2020 11 Mar 2019
    % /Shareholders
    25.31% 5,267 25.43% 3,737
    Foreign Shareholders 40.62% (As of 21/01/2021) Foreign Limit 49.00%
    NVDR Shareholders  2.63% (As of 21/01/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 1.02 1.48
    20 Days 14.86 11.70 6.39
    60 Days 18.88 10.33 -4.45
    120 Days 80.85 87.28 64.54
    YTD 13.33 11.41 8.53
    P/E (X) 24.17 21.31 30.22
    P/BV (X) 4.38 2.36 1.71
    Turnover Ratio (%) 0.26 0.25 1.44

    Top 10 Major Shareholders(@26 Aug 2020) Share %
    1. บริษัท ที.เค.เอส. เทคโนโลยี จำกัด (มหาชน) 326,355,876 38.51
    2. King's Eye Investments Ltd. 296,450,000 34.99
    3. BNP PARIBAS HONG KONG BRANCH 42,489,513 5.01
    4. บริษัท Thai NVDR Company Limited 26,144,945 3.09
    5. นาย พิชญ์ เทวอักษร 6,615,100 0.78
    6. น.ส. สุธิดา มงคลสุธี 5,786,863 0.68
    7. นาย ชวลิต จรัสโชติพินิต 5,280,000 0.62
    8. PHATRA SMALL AND MID CAP EQUITY FUND 4,613,550 0.54

    Management Position
    1. Mr. SUPANT MONGKOLSUTHREE PRESIDENT
    2. Miss SUTIDA MONGKOLSUTHREE CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. SHU-WU TU DIRECTOR
    4. Mr. PRUTTIPANG TAYARACHKUL DIRECTOR
    5. Mr. SHU-CHYUAN TU DIRECTOR
    6. Mr. LIN, TAI-YANG DIRECTOR
    7. Mr. CHIH-CHING SU DIRECTOR
    8. Miss YI-JU CHEN DIRECTOR
    9. Mr. CHAKKRIT PARAPUNTAKUL INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Mrs. RAWITTHA PONGNUCHIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mr. KACHACHAN MONGKONCHAROEAN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. Mr. BOONTUCK WUNGCHAROEN INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    21 Jan 2021    		 2020
    30 Dec 2020    		 2019
    30 Dec 2019
    Listed share (M.) 847.36  847.36  847.36 
    Market Cap (MB.) 14,405.14  12,710.42  6,355.21 
    Price (B./share) 17.00  15.00  7.50 
    BVPS (B./Share) 3.88  3.88  3.65 
    P/BV (X) 4.38  3.86  2.06 
    P/E (X) 24.17  21.33  10.84 
    Turnover Ratio (%) 17.59  101.56  26.21 
    Value Trade/Day (MB.) 174.47  43.95  9.34 
    Beta 0.84  0.85  1.18 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 13.33  100.00  -27.63 
    Dividend Yield (%) 2.76  3.13  6.55 
    Payout Ratio 0.65  0.65  0.66 
    Dividend Policy Not less than 40 percent of the net profit available after payment of the Company?s corporate income tax, allocation of legal reserve and other reserves. The Company will pay no dividend when they have an accumulated deficit

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 30 Jun 2020 0.14 Baht 08 Sep 2020 Cash
    01 Jul 2019 - 31 Dec 2019 0.32 Baht 24 Apr 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.15 Baht 02 Sep 2019 Cash
    01 Jan 2018 - 31 Dec 2018 10.00 : 1.00 Share 10 May 2019 Stock
    01 Jan 2018 - 31 Dec 2018 0.34 Baht 10 May 2019 Cash
    01 Jan 2018 - 30 Jun 2018 0.20 Baht 07 Sep 2018 Cash
    01 Jul 2017 - 31 Dec 2017 0.35 Baht 10 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MISS MARISA THARATHORNBUNPAKUL/KPMG PHOOMCHAI AUDIT LIMITED
    Mr. WATCHARA PATTARAPITAK/KPMG PHOOMCHAI AUDIT LIMITED
    MR. BANTHIT TANGPAKORN/KPMG PHOOMCHAI AUDIT 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 187.20 195.98 166.06 256.85 204.61
    A/R Net 4,170.47 5,491.47 5,606.48 5,901.49 4,404.61
    Inventories 2,750.92 2,856.69 3,253.85 3,498.37 2,546.42
    Current Assets 7,962.73 9,722.49 10,177.43 10,745.31 8,078.08
    PP&E Net 340.21 367.16 357.38 377.92 402.85
    Total Assets 9,182.25 10,873.74 11,341.85 11,700.71 9,008.49
    OD 2,740.87 3,909.86 5,104.12 4,291.66 3,276.12
    A/P Net 2,393.23 2,634.82 2,159.04 3,036.83 1,648.90
    Current portion of LT 38.67 186.21 161.18 211.08 211.08
    Current Liabilities 5,801.42 7,688.78 8,057.75 8,379.78 5,787.55
    Non-Current Liabilities 91.16 94.80 71.43 236.01 447.63
    Total Liabilities 5,892.58 7,783.58 8,129.17 8,615.79 6,235.19
    Authorized Capital 880.00 880.00 880.00 800.00 800.00
    Paid-Up Capital 847.36 847.36 847.36 770.33 770.33
    Premium (Discount) on Share Capital 350.87 350.87 350.87 350.87 350.87
    Other Surplus (Deficit) 52.84 52.84 52.84 52.84 52.84
    Retained Earnings (Deficit) 2,011.11 1,819.18 1,946.47 1,888.59 1,582.53
    Treasury Stock - - - - -
    Shareholders' Equity 3,289.68 3,090.15 3,212.68 3,084.91 2,773.30
    Minority Interest - - - - -
    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 23,460.37 25,351.44 34,804.31 38,196.00 32,426.01
    Other Income 106.18 141.62 184.75 187.65 182.76
    Total Revenues 23,652.10 25,517.47 35,027.82 38,397.97 32,624.32
    COGs 22,404.32 24,318.10 33,475.32 36,577.56 30,990.54
    SG&A 654.25 651.30 833.44 870.70 808.72
    Total Expenses 23,058.57 24,969.40 34,308.76 37,448.26 31,799.26
    EBITDA 633.99 581.89 764.74 992.83 865.70
    Depre. & Amor. 40.46 33.81 45.69 43.11 40.64
    EBIT 593.53 548.07 719.06 949.72 825.06
    Net Profit 468.62 396.64 523.93 721.49 623.84
    EPS (B.) 0.55 0.49 0.64 0.94 0.81
    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 2,848.29 1,233.41 100.93 -71.01 -635.85
    Investing Cash Flow 96.91 -307.29 -327.14 -199.78 -306.80
    Financing Cash Flow -2,924.08 -985.90 136.72 323.46 941.72
    Net Cash Flow 21.12 -59.79 -89.49 52.67 -0.93
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 1.37 1.26 1.26 1.28
    ROE (%) 18.68 19.63 16.64 24.63
    ROA (%) 7.62 7.32 6.24 9.17
    D/E (X) 1.79 2.52 2.53 2.79
    Total Asset Turnover (X) 3.31 3.30 3.04 3.71
    Gross Profit Margin (%) 4.50 4.08 3.82 4.24
    EBIT Margin (%) 2.51 2.15 2.05 2.47
    Net Profit Margin (%) 1.98 1.55 1.50 1.88

    Information only PP, PO, XR and XD
    Capital Movement (Last 3 Year)
    Date CA Type Changed paid up share Paid up share Par
    10 May 2019 XD 77,032,557 847,361,206 1.00

    Growth Rate (%) 9M/2020  9M/2019  2019  2018 
    Sales Growth -7.46 -8.86 -8.88 17.79
    COGs Growth -7.87 -8.57 -8.48 18.03
    Total Revenue Growth -7.31 -8.69 -8.78 17.70
    Total Expense Growth -7.65 -8.36 -8.38 17.76
    Net Profit Growth 18.15 -25.42 -27.38 15.65

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 6.81 6.53 6.05 7.41
    Avg. Collection Period (Days) 53.57 55.90 60.34 49.24
    Inventory Turnover (Times) 11.26 11.35 9.92 12.10
    Avg. Inventory Period (Days) 32.43 32.17 36.81 30.16
    A/P Turnover (Times) 12.55 12.84 12.89 15.61
    Avg. Payment Period (Days) 29.07 28.43 28.33 23.38
    Cash Cycle (Days) 56.93 59.63 68.83 56.02


    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.