Company Summary
SYNEX SYNNEX (THAILAND) PUBLIC COMPANY LIMITED
Technology/Information & Communication Technology
sSET
CG Report:   
 
  Data as of 15 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
12.90 17.20 / 10.80 14.28 3.45 770.33 9,937.24 17,775.28 732.00 18.68
News
Date/Time Subject
12 Nov 2018 08:04   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2018
12 Nov 2018 08:01   Financial Statement Quarter 3/2018 (Reviewed)
12 Nov 2018 08:01   Reviewed Quarter 3 and Consolidated F/S (F45-3)
16 Oct 2018 18:01   Notification of Company's Holidays for the year 2019
09 Aug 2018 18:18   Reviewed Quarter 2 and Consolidated F/S (F45-3)
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 2017
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 12 Mar 2018 21 Mar 2017
    % /Shareholders
    20.43% 3,395 25.11% 2,964
    Foreign Shareholders 41.03% (As of 15/11/2018) Foreign Limit 49.00%
    NVDR Shareholders  2.22% (As of 15/11/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -4.44 -2.09 -1.94
    20 Days -20.37 -15.67 -17.58
    60 Days 16.22 22.97 18.87
    120 Days -18.35 -7.96 -11.98
    YTD -16.77 -7.88 -10.94
    P/E (X) 14.28 17.49 15.54
    P/BV (X) 3.45 2.48 1.86
    Turnover Ratio (%) 0.12 0.17 0.68

    Top 10 Major Shareholders(@24 Aug 2018) Share %
    1. บริษัท ที.เค.เอส. เทคโนโลยี จำกัด (มหาชน) 296,687,160 38.51
    2. King's Eye Investments Ltd. 269,500,000 34.99
    3. BNP PARIBAS HONG KONG BRANCH 38,626,830 5.01
    4. กองทุนเปิด ภัทร หุ้นระยะยาวปันผล 7,179,400 0.93
    5. กองทุนเปิด ภัทร SMALL AND MID CAP EQUITY 6,856,500 0.89
    6. น.ส. สุธิดา มงคลสุธี 4,737,254 0.61

    Management Position
    1. Mr. SUPANT MONGKOLSUTHREE PRESIDENT
    2. Miss SUTIDA MONGKOLSUTHREE CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. SHU-WU TU DIRECTOR
    4. Mr. PUTTIPAN TAYARACHKUL DIRECTOR
    5. Mr. HUI WEI DIRECTOR
    6. Mr. SHU-CHYUAN TU DIRECTOR
    7. MR. LIN TAI YANG DIRECTOR
    8. Mr. CHIH-CHING SU DIRECTOR
    9. Mr. SOMCHAI APIWATTANAPRON INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Mr. VISSUT SETHAPUT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    11. Mrs. MALEERATNA PLUMCHITCHOM INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. Mrs. RAWITTHA PONGNUCHIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    13. Mr. KACHACHAN MONGKONCHAROEAN INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    15 Nov 2018    		 2017
    29 Dec 2017    		 2016
    30 Dec 2016
    Listed share (M.) 770.33  770.33  770.33 
    Market Cap (MB.) 9,937.24  11,940.09  5,507.85 
    Price (B./share) 12.90  15.50  7.15 
    BVPS (B./Share) 3.74  3.39  3.06 
    P/BV (X) 3.45  4.58  2.33 
    P/E (X) 14.28  20.66  14.21 
    Turnover Ratio (%) 48.71  196.67  87.66 
    Value Trade/Day (MB.) 24.07  73.52  15.58 
    Beta 1.04  1.74  1.07 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -16.77  116.78  60.31 
    Dividend Yield (%) 4.11  2.32  4.20 
    Payout Ratio 0.59  0.48  0.60 
    Dividend Policy Not less than 40% of net profit after tax, statutory reserve and various reserves when the company has no loss of net income from operation (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    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
    01 Jan 2017 - 30 Jun 2017 0.18 Baht 08 Sep 2017 Cash
    01 Jul 2016 - 31 Dec 2016 0.26 Baht 12 May 2017 Cash
    01 Jan 2016 - 30 Jun 2016 0.10 Baht 08 Sep 2016 Cash
    01 Jul 2015 - 31 Dec 2015 0.22 Baht 12 May 2016 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    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/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 216.69 161.24 204.61 206.29 78.09
    A/R Net 5,453.33 4,706.66 4,404.61 4,116.92 3,018.79
    Inventories 3,188.44 2,878.56 2,546.42 2,091.73 1,538.78
    Current Assets 9,931.28 8,376.94 8,078.08 7,042.56 5,045.12
    PP&E Net 385.88 404.67 402.85 405.68 303.53
    Total Assets 10,939.20 9,243.82 9,008.49 7,577.99 5,486.09
    OD 4,091.54 2,506.98 3,276.12 2,080.08 1,369.11
    A/P Net 2,708.51 2,787.51 1,648.90 2,018.22 1,277.17
    Current portion of LT 211.08 211.08 211.08 111.12 18.50
    Current Liabilities 7,759.54 6,134.53 5,787.55 4,686.86 3,107.67
    Non-Current Liabilities 295.20 501.64 447.63 407.66 62.25
    Total Liabilities 8,054.74 6,636.17 6,235.19 5,094.51 3,169.92
    Authorized Capital 800.00 800.00 800.00 800.00 800.00
    Paid-Up Capital 770.33 770.33 770.33 770.33 770.33
    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) 1,690.68 1,418.47 1,582.53 1,297.64 1,138.26
    Treasury Stock - - - - -
    Shareholders' Equity 2,884.47 2,607.65 2,773.30 2,483.48 2,317.22
    Minority Interest - - - - -1.05
    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 27,815.68 24,488.65 32,426.01 23,823.30 21,514.94
    Other Income 121.26 134.28 182.76 126.28 155.62
    Total Revenues 27,947.45 24,632.60 32,624.32 23,949.58 21,670.56
    COGs 26,598.12 23,421.36 30,990.54 22,710.04 20,443.21
    SG&A 649.38 594.54 808.72 706.53 751.32
    Total Expenses 27,247.49 24,015.90 31,799.26 23,416.57 21,194.53
    EBITDA 732.00 646.26 865.70 570.67 517.07
    Depre. & Amor. 32.05 29.57 40.64 37.66 41.04
    EBIT 699.95 616.69 825.06 533.01 476.03
    Net Profit 531.83 459.78 623.84 406.93 358.68
    EPS (B.) 0.69 0.60 0.81 0.53 0.46
    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 22.55 16.43 -635.85 -600.34 615.71
    Investing Cash Flow -200.91 -301.18 -306.80 -135.45 -10.07
    Financing Cash Flow 191.41 239.71 941.72 864.02 -592.49
    Net Cash Flow 13.06 -45.05 -0.93 128.23 13.15
    more
    Annualized: ROE, ROA
    Ratios 9M/2018  9M/2017  2017  2016 
    Current Ratio (X) 1.28 1.37 1.40 1.50
    ROE (%) 25.34 23.27 23.73 16.95
    ROA (%) 9.00 9.56 9.95 8.16
    D/E (X) 2.79 2.54 2.25 2.05
    Total Asset Turnover (X) 3.56 3.95 3.93 3.67
    Gross Profit Margin (%) 4.38 4.36 4.43 4.67
    EBIT Margin (%) 2.50 2.50 2.53 2.23
    Net Profit Margin (%) 1.90 1.87 1.91 1.70

    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 13.59 47.13 36.11 10.73
    COGs Growth 13.56 47.80 36.46 11.09
    Total Revenue Growth 13.46 47.13 36.22 10.52
    Total Expense Growth 13.46 46.77 35.80 10.48
    Net Profit Growth 15.67 59.24 53.30 13.45

    Annualized
    Cash Cycle 9M/2018  9M/2017  2017  2016 
    A/R Turnover (Times) 7.04 7.63 7.61 6.68
    Avg. Collection Period (Days) 51.86 47.82 47.96 54.66
    Inventory Turnover (Times) 11.26 12.31 13.36 12.51
    Avg. Inventory Period (Days) 32.41 29.66 27.31 29.18
    A/P Turnover (Times) 12.43 11.36 16.90 13.78
    Avg. Payment Period (Days) 29.36 32.12 21.60 26.48
    Cash Cycle (Days) 54.91 45.36 53.68 57.36


    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 -

    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.