Company Summary
TAE THAI AGRO ENERGY PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
sSET
CG Report:   
 
  Data as of 22 Oct 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
2.24 3.84 / 2.10 7.94 1.19 1,000.00 2,240.00 4,141.04 214.34 8.10
News
Date/Time Subject
01 Oct 2020 17:01   Shareholders' Rights to Propose Meeting Agenda for the Shareholders' Meeting and Nomination of Candidates for Director Positions in Advance.
27 Aug 2020 17:30   Notification of Holidays Substitution for Songkran Festival 2020 (Additional)
20 Aug 2020 19:39   Resolutions of the Board of Directors Meeting no. 8/2020 relating the Appointment of Chairman of the Board and Interim Dividend Payment
07 Aug 2020 17:57   Financial Performance Quarter 2 (F45) (Reviewed)(Edited)
07 Aug 2020 17:06   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2020
more

Company Profile
Address 888/114 Mahatun Plaza bldg., 11th floor, Ploenchit Road, Lumpini, Pathumwan Bangkok 10330
Telephone 0-2627-3890-4
Fax 0-2627-3889
URL www.thaiagroenergy.com
  Annual Report 2019
Establish Date 25/10/2001 Listed Date 05/06/2014
IPO Price (Baht) 2.00 @Par1.00 Baht
IPO Financial Advisory
  • FINANSIA SYRUS SECURITIES PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    The Company operates the business as a producer and distributor of Denatured Ethanol for use as fuel.

    Free Float 04 Jun 2020 07 Mar 2019
    % /Shareholders
    41.02% 5,454 40.94% 5,524
    Foreign Shareholders 2.18% (As of 22/10/2020) Foreign Limit 25.00%
    NVDR Shareholders  0.20% (As of 22/10/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -2.61 -0.08 -0.25
    20 Days -1.75 4.39 2.62
    60 Days -19.42 -1.27 -9.90
    120 Days -7.44 0.09 -3.76
    YTD -31.71 -6.13 -11.10
    P/E (X) 7.94 29.77 20.95
    P/BV (X) 1.19 1.29 1.38
    Turnover Ratio (%) 0.02 0.36 1.22

    Top 10 Major Shareholders(@03 Sep 2020) Share %
    1. บริษัท ลานนารีซอร์สเซส จำกัด (มหาชน) 510,000,000 51.00
    2. บริษัท ปูนซีเมนต์นครหลวง จำกัด (มหาชน) 47,234,796 4.72
    3. นาย ไกรสีห์ ศิริรังษี 41,200,000 4.12
    4. นาย SOMJIT LIMWATHANAGURA 27,500,000 2.75
    5. นาง ฮัง จตุรพฤกษ์ 16,113,213 1.61
    6. นาย VISIT TANTISUNTHORN 12,184,900 1.22
    7. นาย สุทธิชัย ชัยกิตติรัตนา 11,900,000 1.19
    8. นาย ฉัตรชัย ธีระสุต 11,845,100 1.18
    9. นาย พิภพ คุณจักร 10,000,000 1.00
    10. น.ส. พรรณี ศรีสวัสดิ์ 8,100,000 0.81

    Management Position
    1. Mr. VIRACH APHIMETEETAMRONG CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    2. Mr. KRAISI SIRIRUNGSI VICE CHAIRMAN
    3. Mr. SOMCHAI LOVISUTH DIRECTOR
    4. Mr. ANUN LOUHARANOO DIRECTOR
    5. Mr. SOMCHIT LIMWATHANAGURA DIRECTOR
    6. Mr. SRIHASAK ARIRACHAKARAN DIRECTOR
    7. Mr. PADETPAI MEEKUN-IAM INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mr. SATIT CHANJAVANAKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    22 Oct 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 1,000.00  1,000.00  1,000.00 
    Market Cap (MB.) 2,240.00  3,280.00  2,040.00 
    Price (B./share) 2.24  3.28  2.04 
    BVPS (B./Share) 1.88  1.90  1.67 
    P/BV (X) 1.19  1.73  1.22 
    P/E (X) 7.94  5.70  27.49 
    Turnover Ratio (%) 37.66  60.16  12.73 
    Value Trade/Day (MB.) 5.39  8.45  1.26 
    Beta 0.81  0.91  0.51 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) -31.71  60.78  -23.88 
    Dividend Yield (%) 15.63  7.62  7.35 
    Payout Ratio 0.73  0.61  2.02 
    Dividend Policy At least 60% of its net profit after deduction of retained loss (if any) and legal reserve (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 30 Jun 2020 0.055 Baht 18 Sep 2020 Cash
    01 Jul 2019 - 31 Dec 2019 0.15 Baht 08 May 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.20 Baht 13 Sep 2019 Cash
    01 Jan 2018 - 31 Dec 2018 0.15 Baht 24 May 2019 Cash
    01 Jan 2018 - 30 Jun 2018 0.10 Baht 14 Sep 2018 Cash
    01 Jul 2017 - 31 Dec 2017 0.05 Baht 18 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MS. KAMONTIP LERTWITWORATEP/EY OFFICE LIMITED
    MISS SATIDA RATANANURAK/EY OFFICE LIMITED
    MS. PATCHARAWAN KOONARANGSRI/EY OFFICE LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    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 25.83 32.01 25.44 32.19 35.31
    A/R Net 190.49 213.35 200.31 275.89 212.81
    Inventories 690.97 294.06 424.49 141.61 122.90
    Current Assets 994.68 758.76 1,302.90 1,009.74 424.56
    PP&E Net 2,771.22 2,783.65 2,826.02 2,756.06 2,398.32
    Total Assets 3,803.67 3,548.43 4,136.63 3,772.27 2,830.29
    OD 1,242.92 796.72 1,391.29 1,174.71 899.07
    A/P Net 94.31 121.54 161.02 145.54 159.81
    Current portion of LT 151.10 144.85 146.84 104.09 121.01
    Current Liabilities 1,512.17 1,097.60 1,726.04 1,470.16 1,197.53
    Non-Current Liabilities 414.70 506.10 474.76 529.91 4.85
    Total Liabilities 1,926.87 1,603.70 2,200.80 2,000.07 1,202.38
    Authorized Capital 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
    Paid-Up Capital 1,000.00 1,000.00 1,000.00 1,000.00 1,000.00
    Premium (Discount) on Share Capital 188.80 188.80 188.80 188.80 188.80
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 687.44 755.38 746.48 582.85 438.56
    Treasury Stock - - - - -
    Shareholders' Equity 1,876.80 1,944.73 1,935.83 1,772.20 1,627.91
    Minority Interest - - - - -
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    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 1,247.10 1,373.93 2,534.00 2,696.08 2,470.52
    Other Income 1.04 2.64 43.22 1.78 2.25
    Total Revenues 1,248.14 1,376.57 2,577.23 2,697.85 2,472.76
    COGs 1,074.80 979.20 1,924.47 2,257.91 2,219.68
    SG&A 47.03 41.97 86.23 75.13 98.56
    Total Expenses 1,121.83 1,021.16 2,010.70 2,335.30 2,391.56
    EBITDA 214.34 437.06 733.69 521.96 227.78
    Depre. & Amor. 88.03 81.66 167.17 159.41 146.58
    EBIT 126.31 355.40 566.52 362.55 81.21
    Net Profit 90.97 322.53 513.62 294.28 48.86
    EPS (B.) 0.09 0.32 0.51 0.29 0.05
    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 434.39 663.47 419.63 -143.26 640.96
    Investing Cash Flow -60.74 -151.59 -266.23 -492.38 -221.79
    Financing Cash Flow -373.26 -512.05 -160.15 632.52 -420.91
    Net Cash Flow 0.39 -0.18 -6.75 -3.12 -1.73
    more
    Annualized: ROE, ROA
    Ratios 6M/2020  6M/2019  2019  2018 
    Current Ratio (X) 0.66 0.69 0.75 0.69
    ROE (%) 14.76 27.06 27.70 17.31
    ROA (%) 9.18 15.97 14.33 10.98
    D/E (X) 1.03 0.82 1.14 1.13
    Total Asset Turnover (X) 0.67 0.77 0.65 0.82
    Gross Profit Margin (%) 13.82 28.73 24.05 16.25
    EBIT Margin (%) 10.12 25.82 21.98 13.44
    Net Profit Margin (%) 7.29 23.43 19.93 10.91

    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 (%) 6M/2020  6M/2019  2019  2018 
    Sales Growth -9.23 3.95 -6.01 9.13
    COGs Growth 9.76 -13.42 -14.77 1.72
    Total Revenue Growth -9.33 4.07 -4.47 9.10
    Total Expense Growth 9.86 -13.03 -13.90 -2.35
    Net Profit Growth -71.80 161.24 74.54 502.33

    Annualized
    Cash Cycle 6M/2020  6M/2019  2019  2018 
    A/R Turnover (Times) 11.92 12.09 10.64 11.03
    Avg. Collection Period (Days) 30.62 30.18 34.30 33.08
    Inventory Turnover (Times) 4.10 6.21 6.80 17.07
    Avg. Inventory Period (Days) 88.99 58.76 53.68 21.38
    A/P Turnover (Times) 18.72 13.24 12.56 14.79
    Avg. Payment Period (Days) 19.50 27.57 29.07 24.68
    Cash Cycle (Days) 100.11 61.37 58.91 29.78


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    Trading Alert Posted Date Lifted Date
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    Market Alert (Latest)
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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)
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