Company Summary
THAI THAI AIRWAYS INTERNATIONAL PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100 / SETCLMV
CG Report:   
 
  Data as of 15 Jul 2019  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
10.30 16.30 / 8.85 N/A 0.96 21,827.72 22,482.55 252,634.59 5,930.02 23.40
News
Date/Time Subject
12 Jul 2019 17:39   Resignation of Member of the Board of Directors and Chairman of Audit Committee of Thai Airways International Public Company Limited
25 Jun 2019 20:24   Appointment of Member of the Board of Directors
07 Jun 2019 08:07   Financial Statement Quarter 1/2019 (Reviewed)
07 Jun 2019 08:06   Resubmission of financial statements for the three-month period ended March 31, 2019 (updated)
07 Jun 2019 08:06   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2019 (Updated)
more

Company Profile
Address 89 VIBHAVADI RANGSIT ROAD, CHATUCHAK Bangkok 10900
Telephone 0-2545-1000, 0-2025-1000
Fax 0-2513-0203
URL http://www.thaiairways.com
  Annual Report 2018
Establish Date 24/8/1959 Listed Date 19/07/1991
IPO Price (Baht) 60.00 Baht
IPO Financial Advisory
  • FINANCE ONE PUBLIC COMPANY LIMITED
  • PHATRA THANAKIT PUBLIC COMPANY LIMITED
  • Par 10.00 Baht
    Last Par Change Old 1,000.00 : New 10.00 @ 23/07/1992

    Business
    The Company is Thailand's national flag carrier flying domestic and international routes and is a state enterprise. Its main business is aviation business and supporting business related to air transport.

    Free Float 01 Apr 2019 21 Mar 2018
    % /Shareholders
    48.97% 106,958 48.97% 108,191
    Foreign Shareholders 5.67% (As of 15/07/2019) Foreign Limit 30.00%
    NVDR Shareholders  2.94% (As of 15/07/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 1.08 0.18
    20 Days 0.98 -5.53 -2.27
    60 Days -16.94 -21.81 -20.18
    120 Days -16.94 -25.05 -24.19
    YTD -14.88 -25.17 -22.96
    P/E (X) N/A 81.09 18.62
    P/BV (X) 0.96 3.56 1.89
    Turnover Ratio (%) 0.04 0.41 1.06

    Top 10 Major Shareholders(@01 Apr 2019) Share %
    1. กระทรวงการคลัง 1,113,931,061 51.03
    2. กองทุนรวม วายุภักษ์หนึ่ง โดย บลจ.เอ็มเอฟซี จำกัด (มหาชน) 165,037,582 7.56
    3. กองทุนรวม วายุภักษ์หนึ่ง โดย บลจ.กรุงไทย จำกัด (มหาชน) 165,037,582 7.56
    4. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 71,645,528 3.28
    5. ธนาคาร ออมสิน 46,409,885 2.13
    6. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 32,905,371 1.51
    7. นาย ทรงศักดิ์ จิตเจือจุน 28,508,500 1.31
    8. นาย เอี่ยม อาชวกุลเทพ 17,081,400 0.78
    9. STATE STREET EUROPE LIMITED 14,228,935 0.65
    10. นาย วิชัย คณาธนะวนิชย์ 13,225,500 0.61

    Management Position
    1. Mr. EKNITI NITITHANPRAPAS CHAIRMAN
    2. Mr. SUMETH DAMRONGCHAITHAM PRESIDENT / DIRECTOR
    3. Mr. PERAPHON THAWORNSUPACHAROEN DIRECTOR
    4. Mr. DANUCHA PICHAYANAN DIRECTOR
    5. Air Chief Marshal CHANYOOT SIRITHUMAKUL DIRECTOR
    6. Mrs. PRATANA MONGKOLKUL INDEPENDENT DIRECTOR
    7. Mr. PITIPAN TEPARTIMARGORN INDEPENDENT DIRECTOR
    8. Mr. PINIT PUAPAN INDEPENDENT DIRECTOR
    9. Mr. VACHARA TUNTARIYANOND INDEPENDENT DIRECTOR
    10. Miss SIRIKUL LAUKAIKUL INDEPENDENT DIRECTOR
    11. ACM AMNART JEERAMANEEMAI INDEPENDENT DIRECTOR
    12. Mr. SOMKIAT SIRICHATCHAI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    13. Miss NITAYA DIREKSATHAPON INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    15 Jul 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 2,182.77  2,182.77  2,182.77 
    Market Cap (MB.) 22,482.55  26,411.54  37,761.95 
    Price (B./share) 10.30  12.10  17.30 
    BVPS (B./Share) 10.74  12.95  13.67 
    P/BV (X) 0.96  0.93  1.27 
    P/E (X) N/A  N/A  N/A 
    Turnover Ratio (%) 21.23  51.12  125.54 
    Value Trade/Day (MB.) 40.46  68.89  221.82 
    Beta 1.23  1.16  1.40 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) -14.88  -30.06  -23.79 
    Dividend Yield (%) N/A  N/A  N/A 
    Payout Ratio N/A  N/A  N/A 
    Dividend Policy Not less than 25 percent of consolidated net profit before gains or losses on foreign currency exchange,subject to the Company's investment plans, and other relevant factors

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    No Information Found
     
    Auditor
    (Effective Until 31/12/2019)
    OFF. OF THE AUDITOR GENERAL MINISTRY OF FINANCE/OFFICE OF THE AUDITOR GENERAL MINISTRY OF FINANCE
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    Financial Data
    Statement of Financial Position (MB.) 3M/2019 
    (01/01/19 
    -31/03/19) 
    3M/2018 
    (01/01/18 
    -31/03/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Cash 13,685.86 16,971.70 13,691.85 15,229.69 13,389.71
    A/R Net 12,024.59 13,687.25 10,394.07 11,704.95 10,358.26
    Inventories 4,798.51 4,770.93 4,947.02 4,999.85 4,986.78
    Current Assets 52,062.29 56,178.27 49,548.01 51,515.56 59,374.47
    PP&E Net 176,198.01 188,988.09 179,598.69 188,102.61 194,891.35
    Total Assets 267,277.15 286,169.26 268,721.20 280,774.55 283,123.87
    OD 3,000.00 2,000.00 2,000.00 3,000.00 2,000.00
    A/P Net 6,072.80 5,838.05 5,167.61 5,042.63 4,951.41
    Current portion of LT 16,775.38 30,002.73 22,863.10 24,825.19 22,966.34
    Current Liabilities 88,347.51 91,446.07 88,908.44 105,450.41 87,520.77
    Non-Current Liabilities 155,352.76 159,966.90 159,356.43 143,311.34 162,014.91
    Total Liabilities 243,700.26 251,412.97 248,264.86 248,761.75 249,535.67
    Authorized Capital 26,989.01 26,989.01 26,989.01 26,989.01 26,989.01
    Paid-Up Capital 21,827.72 21,827.72 21,827.72 21,827.72 21,827.72
    Premium (Discount) on Share Capital 1,862.98 25,545.32 25,545.32 25,545.32 25,545.32
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) -6,924.70 -18,831.40 -33,215.75 -21,548.32 -19,475.90
    Treasury Stock - - - - -
    Shareholders' Equity 23,439.25 34,634.39 20,329.04 31,911.08 33,501.37
    Minority Interest 137.64 121.91 127.29 101.71 86.82
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    Statement of Comprehensive Income (MB.) 3M/2019 
    (01/01/19 
    -31/03/19) 
    3M/2018 
    (01/01/18 
    -31/03/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Sales 49,344.68 52,907.84 195,965.14 189,856.98 178,312.50
    Other Income 2,124.91 1,181.32 4,620.80 677.65 3,133.71
    Total Revenues 51,469.59 54,089.16 200,585.94 190,534.63 181,446.21
    COGs 40,315.60 42,391.87 106,388.00 149,665.15 140,708.74
    SG&A 2,806.56 2,414.71 67,435.64 11,215.23 9,404.41
    Total Expenses 49,767.65 50,948.67 207,684.33 188,712.36 177,524.46
    EBITDA 5,930.02 7,081.77 11,946.97 18,843.74 21,912.57
    Depre. & Amor. 4,228.08 3,941.27 19,045.36 17,021.47 17,990.83
    EBIT 1,701.94 3,140.49 -7,098.39 1,822.27 3,921.74
    Net Profit 445.44 2,716.92 -11,625.17 -2,107.35 15.14
    EPS (B.) 0.20 1.24 -5.33 -0.97 0.01
    more
    Statement of Cash Flow (MB.) 3M/2019 
    (01/01/19 
    -31/03/19) 
    3M/2018 
    (01/01/18 
    -31/03/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow 3,251.57 3,737.94 17,399.54 23,691.86 24,558.53
    Investing Cash Flow -427.42 -1,122.37 -2,098.50 -3,105.93 -3,826.35
    Financing Cash Flow -2,848.31 -882.35 -16,846.17 -18,676.94 -28,170.56
    Net Cash Flow -24.15 1,733.21 -1,545.13 1,908.99 -7,438.37
    more
    Annualized: ROE, ROA
    Ratios 3M/2019  3M/2018  2018  2017 
    Current Ratio (X) 0.59 0.61 0.56 0.49
    ROE (%) -47.86 -7.12 -44.51 -6.44
    ROA (%) -3.09 0.27 -2.58 0.65
    D/E (X) 10.40 7.26 12.21 7.80
    Total Asset Turnover (X) 0.72 0.68 0.73 0.68
    Gross Profit Margin (%) 18.30 19.88 45.71 21.17
    EBIT Margin (%) 3.31 5.81 -3.54 0.96
    Net Profit Margin (%) 0.87 5.02 -5.80 -1.11

    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 (%) 3M/2019  3M/2018  2018  2017 
    Sales Growth -6.73 7.34 3.22 6.47
    COGs Growth -4.90 11.41 -28.92 6.37
    Total Revenue Growth -4.84 5.25 5.28 5.01
    Total Expense Growth -2.32 7.93 10.05 6.30
    Net Profit Growth -83.60 -13.94 N/A N/A

    Annualized
    Cash Cycle 3M/2019  3M/2018  2018  2017 
    A/R Turnover (Times) 14.97 14.54 17.74 17.21
    Avg. Collection Period (Days) 24.39 25.10 20.58 21.21
    Inventory Turnover (Times) 21.80 31.15 21.39 29.97
    Avg. Inventory Period (Days) 16.74 11.72 17.06 12.18
    A/P Turnover (Times) 17.52 27.08 20.84 29.95
    Avg. Payment Period (Days) 20.84 13.48 17.51 12.19
    Cash Cycle (Days) 20.29 23.34 20.13 21.20


    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)
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