Company Summary
TC TROPICAL CANNING (THAILAND) PUBLIC COMPANY LIMITED
Agro & Food Industry/Food & Beverage
SET
CG Report:   
 
  Data as of 27 Nov 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
5.30 5.40 / 2.10 7.36 0.87 330.00 1,749.00 2,310.01 362.12 6.28
News
Date/Time Subject
13 Nov 2020 17:33   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
13 Nov 2020 17:26   Financial Performance Quarter 3 (F45) (Reviewed)
13 Nov 2020 17:24   Financial Statement Quarter 3/2020 (Reviewed)
01 Oct 2020 17:00   Notification of the Substitution for Songkran Festival 2020
13 Aug 2020 17:31   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2020
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Company Profile
Address 1/1 MOO 2, KANJANAWANIT ROAD, THUNGYAI, HAT YAI, Songkhla 90110
Telephone 0-7427-3600
Fax 0-7427-3691-4
URL www.tropical.co.th
Establish Date 23/3/1979 Listed Date 12/01/1990
IPO Price (Baht) 220.00 @Par5.00 Baht
IPO Financial Advisory
  • DHANA SIAM FINANCE PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 24/05/2010

    Business
    The Company engages in the manufacturing and export of canned and pouched seafood products which can be categorized into three main groups:1. Canned and Pouched Tuna which key product include Tuna in Spring Water, Tuna in Brine, Tuna in Oil2. Canned and Pouched Ready to Serve food which key product include sardine in tomato sauce, mackerel in tomato sauce, ready to serve tuna and salmon.3. Canned and pouched pet food which key raw material include sardines, tuna and animal entrails

    Free Float 12 Mar 2020 14 Mar 2019
    % /Shareholders
    44.53% 1,010 45.08% 1,076
    Foreign Shareholders 45.00% (As of 27/11/2020) Foreign Limit 49.00%
    NVDR Shareholders  2.23% (As of 27/11/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 0.95 0.51 -2.45
    20 Days 17.78 5.04 -0.97
    60 Days 32.50 33.85 22.27
    120 Days 49.72 40.12 40.07
    YTD 63.58 60.64 79.74
    P/E (X) 7.36 26.08 28.40
    P/BV (X) 0.87 2.05 1.61
    Turnover Ratio (%) 0.15 0.46 1.12

    Top 10 Major Shareholders(@11 May 2020) Share %
    1. MR. TAN BOON PIN 81,130,000 24.58
    2. MR. TAN SEOW PHOR 44,931,500 13.62
    3. นาย OUIJONG SAE-BEH 19,375,000 5.87
    4. นาย กัมพล วัชระนิมิต 15,005,000 4.55
    5. MR. SAU KWENG TAN 15,000,000 4.55
    6. น.ส. ALEENA FONGAMORNKUL 12,002,000 3.64
    7. นาง เพ็ญนิภา ตวงสิทธิสมบัติ 10,988,200 3.33
    8. MISS APISRA LUECHAIPRASIT 7,742,900 2.35
    9. MRS. SOMPHIT KORKIATPHITHAK 6,506,500 1.97
    10. บริษัท Thai NVDR Company Limited 6,397,700 1.94

    Management Position
    1. Mr. TAN BOON PENG CHAIRMAN
    2. Mr. KAMPOL WATCHARANIMIT MANAGING DIRECTOR / DIRECTOR
    3. Mr. SOMCHAI DEEPRASERTKUL DIRECTOR
    4. Mr. CHALONG APICHATCHOTE DIRECTOR
    5. Mr. TAN SEOW PHOR DIRECTOR
    6. Mr. CHAN WHA CHONG INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    7. Mr. VIJIT TANKSINMANKHONG INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mr. BOONDEJ VORAPHONG INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    27 Nov 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 330.00  330.00  330.00 
    Market Cap (MB.) 1,749.00  1,069.20  1,016.40 
    Price (B./share) 5.30  3.24  3.08 
    BVPS (B./Share) 6.12  5.57  5.14 
    P/BV (X) 0.87  0.58  0.60 
    P/E (X) 7.36  5.55  11.96 
    Turnover Ratio (%) 57.92  12.25  6.96 
    Value Trade/Day (MB.) 3.48  0.56  0.29 
    Beta 0.24  0.22  0.32 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) 63.58  5.19  -3.14 
    Dividend Yield (%) 2.26  4.63  1.62 
    Payout Ratio 0.17  0.26  0.19 
    Dividend Policy Minimum of 25% of net profit (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2019 - 31 Dec 2019 0.12 Baht 28 May 2020 Cash
    01 Jan 2018 - 31 Dec 2018 0.15 Baht 24 May 2019 Cash
    - 0.05 Baht 25 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MISS BONGKOT AMSAGEAM/KPMG PHOOMCHAI AUDIT LIMITED
    MISS VIPAVAN PATTAVANVIVEK/KPMG PHOOMCHAI AUDIT LIMITED
    Miss NAWARAT NITIKEATIPONG/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 128.66 78.17 141.42 64.02 51.93
    A/R Net 803.79 966.42 727.08 782.22 741.89
    Inventories 953.22 942.01 802.17 1,060.50 807.99
    Current Assets 1,951.91 2,057.85 1,721.01 1,943.57 1,648.90
    PP&E Net 541.26 449.49 455.86 429.79 437.49
    Total Assets 2,710.26 2,705.02 2,382.17 2,557.79 2,267.99
    OD 2.44 190.78 33.19 141.14 150.32
    A/P Net 392.36 392.39 244.72 434.35 307.43
    Current portion of LT 6.18 - - - -
    Current Liabilities 479.24 698.17 375.00 670.58 540.14
    Non-Current Liabilities 210.43 169.23 191.54 114.23 105.46
    Total Liabilities 689.67 867.40 566.54 784.81 645.60
    Authorized Capital 330.00 330.00 330.00 330.00 330.00
    Paid-Up Capital 330.00 330.00 330.00 330.00 330.00
    Premium (Discount) on Share Capital 420.49 420.49 420.49 420.49 420.49
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 1,270.10 1,087.13 1,065.14 1,022.49 871.90
    Treasury Stock - - - - -
    Shareholders' Equity 2,020.59 1,837.62 1,815.63 1,772.98 1,622.39
    Minority Interest - - 0.00 0.00 0.00
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    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 3,770.20 3,747.83 4,898.67 5,004.09 4,472.65
    Other Income 56.12 9.57 11.93 28.80 28.40
    Total Revenues 3,826.33 3,757.40 4,910.60 5,032.89 4,501.05
    COGs 3,352.63 3,453.38 4,553.85 4,643.97 4,392.41
    SG&A 166.80 170.17 230.84 220.07 207.74
    Total Expenses 3,519.43 3,640.61 4,801.86 4,864.04 4,625.16
    EBITDA 362.12 155.11 161.09 221.31 -70.04
    Depre. & Amor. 55.23 38.32 52.35 52.45 54.07
    EBIT 306.89 116.79 108.74 168.85 -124.12
    Net Profit 244.56 114.14 107.36 167.59 -135.38
    EPS (B.) 0.74 0.35 0.33 0.51 -0.41
    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 191.77 74.82 317.67 79.61 41.80
    Investing Cash Flow -129.12 -58.64 -79.78 -37.69 -11.30
    Financing Cash Flow -75.41 -2.03 -160.49 -29.82 -67.52
    Net Cash Flow -12.76 14.15 77.40 12.09 -37.02
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 4.07 2.95 4.59 2.90
    ROE (%) 12.33 10.91 5.98 9.87
    ROA (%) 11.04 7.32 4.40 7.00
    D/E (X) 0.34 0.47 0.31 0.44
    Total Asset Turnover (X) 1.84 1.92 1.99 2.09
    Gross Profit Margin (%) 11.08 7.86 7.04 7.20
    EBIT Margin (%) 8.02 3.11 2.21 3.36
    Net Profit Margin (%) 6.39 3.04 2.19 3.33

    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/2020  9M/2019  2019  2018 
    Sales Growth 0.60 1.48 -2.11 11.88
    COGs Growth -2.92 0.21 -1.94 5.73
    Total Revenue Growth 1.83 1.35 -2.43 11.82
    Total Expense Growth -3.33 0.68 -1.28 5.16
    Net Profit Growth 114.26 28.09 -35.93 N/A

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 5.56 5.80 6.49 6.57
    Avg. Collection Period (Days) 65.65 62.94 56.23 55.58
    Inventory Turnover (Times) 4.70 4.63 4.89 4.97
    Avg. Inventory Period (Days) 77.67 78.87 74.65 73.43
    A/P Turnover (Times) 11.35 10.89 13.41 12.52
    Avg. Payment Period (Days) 32.16 33.52 27.21 29.15
    Cash Cycle (Days) 111.16 108.29 103.66 99.86


    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.