Company Summary
SYNEX SYNNEX (THAILAND) PUBLIC COMPANY LIMITED
Technology/Information & Communication Technology
sSET
CG Report:   
 
  Data as of 25 Sep 2020  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
13.30 14.50 / 3.60 21.72 3.49 847.36 11,269.90 18,271.81 407.07 24.82
News
Date/Time Subject
18 Aug 2020 17:58   Notification of Substitution for Songkran Holidays Year 2020 (Additional)
18 Aug 2020 17:57   Notification the change of the interim dividend payment date
11 Aug 2020 17:48   Report on the Resolution of the 2020 Interim Dividend Payment
11 Aug 2020 17:48   The appointment of Company Director
11 Aug 2020 17:47   Financial Statement Quarter 2/2020 (Reviewed)
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 41.46% (As of 25/09/2020) Foreign Limit 49.00%
    NVDR Shareholders  3.67% (As of 25/09/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -0.75 2.27 2.72
    20 Days 1.53 8.80 7.32
    60 Days 76.16 90.04 87.61
    120 Days 251.85 259.72 205.24
    YTD 77.33 116.28 125.04
    P/E (X) 21.72 17.27 21.34
    P/BV (X) 3.49 2.22 1.40
    Turnover Ratio (%) 0.44 0.26 0.86

    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
    25 Sep 2020    		 2019
    30 Dec 2019    		 2018
    28 Dec 2018
    Listed share (M.) 847.36  847.36  770.33 
    Market Cap (MB.) 11,269.90  6,355.21  8,781.75 
    Price (B./share) 13.30  7.50  10.36 
    BVPS (B./Share) 3.81  3.65  3.74 
    P/BV (X) 3.49  2.06  3.04 
    P/E (X) 21.72  10.84  12.62 
    Turnover Ratio (%) 47.19  26.21  52.21 
    Value Trade/Day (MB.) 21.83  9.34  22.57 
    Beta 1.01  1.18  1.12 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) 77.33  -27.63  -26.45 
    Dividend Yield (%) 3.53  6.55  4.65 
    Payout Ratio 0.75  0.66  0.61 
    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.) 6M/2020 
    (01/01/20 
    -30/06/20)     		 6M/2019 
    (01/01/19 
    -30/06/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Cash 308.18 161.63 166.06 256.85 204.61
    A/R Net 5,735.81 5,336.29 5,606.48 5,901.49 4,404.61
    Inventories 2,411.26 3,331.41 3,253.85 3,498.37 2,546.42
    Current Assets 9,360.06 9,899.80 10,177.43 10,745.31 8,078.08
    PP&E Net 342.08 370.27 357.38 377.92 402.85
    Total Assets 10,537.76 11,050.54 11,341.85 11,700.71 9,008.49
    OD 2,572.25 4,585.20 5,104.12 4,291.66 3,276.12
    A/P Net 3,972.47 2,171.60 2,159.04 3,036.83 1,648.90
    Current portion of LT 66.83 211.08 161.18 211.08 211.08
    Current Liabilities 7,216.64 7,804.57 8,057.75 8,379.78 5,787.55
    Non-Current Liabilities 93.45 120.68 71.43 236.01 447.63
    Total Liabilities 7,310.09 7,925.25 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) 1,958.92 1,852.57 1,946.47 1,888.59 1,582.53
    Treasury Stock - - - - -
    Shareholders' Equity 3,227.67 3,125.30 3,212.68 3,084.91 2,773.30
    Minority Interest - - - - -
    more
    Statement of Comprehensive Income (MB.) 6M/2020 
    (01/01/20 
    -30/06/20)     		 6M/2019 
    (01/01/19 
    -30/06/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Sales 16,024.10 17,435.05 34,804.31 38,196.00 32,426.01
    Other Income 51.89 94.53 184.75 187.65 182.76
    Total Revenues 16,136.37 17,543.14 35,027.82 38,397.97 32,624.32
    COGs 15,327.27 16,698.63 33,475.32 36,577.56 30,990.54
    SG&A 428.86 430.57 833.44 870.70 808.72
    Total Expenses 15,756.41 17,129.20 34,308.76 37,448.26 31,799.26
    EBITDA 407.07 435.76 764.74 992.83 865.70
    Depre. & Amor. 27.11 21.82 45.69 43.11 40.64
    EBIT 379.96 413.94 719.06 949.72 825.06
    Net Profit 297.79 302.93 523.93 721.49 623.84
    EPS (B.) 0.35 0.38 0.64 0.94 0.81
    more
    Statement of Cash Flow (MB.) 6M/2020 
    (01/01/20 
    -30/06/20)     		 6M/2019 
    (01/01/19 
    -30/06/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 2,998.54 215.07 100.93 -71.01 -635.85
    Investing Cash Flow 81.71 -198.51 -327.14 -199.78 -306.80
    Financing Cash Flow -2,937.47 -110.75 136.72 323.46 941.72
    Net Cash Flow 142.77 -94.19 -89.49 52.67 -0.93
    more
    Annualized: ROE, ROA
    Ratios 6M/2020  6M/2019  2019  2018 
    Current Ratio (X) 1.30 1.27 1.26 1.28
    ROE (%) 16.33 21.78 16.64 24.63
    ROA (%) 6.35 7.84 6.24 9.17
    D/E (X) 2.26 2.54 2.53 2.79
    Total Asset Turnover (X) 3.11 3.34 3.04 3.71
    Gross Profit Margin (%) 4.35 4.22 3.82 4.24
    EBIT Margin (%) 2.35 2.36 2.05 2.47
    Net Profit Margin (%) 1.85 1.73 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 (%) 6M/2020  6M/2019  2019  2018 
    Sales Growth -8.09 -5.67 -8.88 17.79
    COGs Growth -8.21 -5.44 -8.48 18.03
    Total Revenue Growth -8.02 -5.55 -8.78 17.70
    Total Expense Growth -8.01 -5.30 -8.38 17.76
    Net Profit Growth -1.70 -18.36 -27.38 15.65

    Annualized
    Cash Cycle 6M/2020  6M/2019  2019  2018 
    A/R Turnover (Times) 6.03 7.08 6.05 7.41
    Avg. Collection Period (Days) 60.51 51.56 60.34 49.24
    Inventory Turnover (Times) 11.18 9.84 9.92 12.10
    Avg. Inventory Period (Days) 32.65 37.09 36.81 30.16
    A/P Turnover (Times) 10.45 12.56 12.89 15.61
    Avg. Payment Period (Days) 34.93 29.07 28.33 23.38
    Cash Cycle (Days) 58.23 59.58 68.83 56.02


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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.
      -
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