Company Summary
THAI THAI AIRWAYS INTERNATIONAL PUBLIC COMPANY LIMITED
Services/Transportation & Logistics
SET100 / SETCLMV
CG Report:   
 
  Data as of 17 Sep 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
9.40 16.30 / 8.50 N/A 1.22 21,827.72 20,518.06 252,519.23 4,459.66 32.61
News
Date/Time Subject
02 Sep 2019 17:53   Invitation for Company visit at Thai Airways International Public Company Limited
09 Aug 2019 21:31   Submission of financial statements for the three-month and six-month periods ended June 30, 2019
09 Aug 2019 21:31   Financial Statement Quarter 2/2019 (Reviewed)
09 Aug 2019 21:30   Reviewed Quarter 2 and Consolidated F/S (F45-3)
09 Aug 2019 21:30   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2019
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 5.74% (As of 17/09/2019) Foreign Limit 30.00%
    NVDR Shareholders  3.06% (As of 17/09/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -4.08 -2.88 -3.97
    20 Days 2.17 -1.75 0.18
    60 Days -7.84 -14.37 -7.66
    120 Days -23.58 -29.22 -25.34
    YTD -22.31 -31.98 -26.99
    P/E (X) N/A 95.09 18.99
    P/BV (X) 1.22 3.49 1.86
    Turnover Ratio (%) 0.06 0.25 1.04

    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. ACM CHANYOOT SIRITHUMAKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    6. Mrs. PRATANA MONGKOLKUL INDEPENDENT DIRECTOR
    7. Mr. PITIPAN TEPARTIMARGORN INDEPENDENT DIRECTOR
    8. Mr. PINIT PUAPAN INDEPENDENT DIRECTOR
    9. Miss NITAYA DIREKSATHAPON INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    10. Mr. VACHARA TUNTARIYANOND INDEPENDENT DIRECTOR
    11. Miss SIRIKUL LAUKAIKUL INDEPENDENT DIRECTOR
    12. ACM AMNART JEERAMANEEMAI INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    17 Sep 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 2,182.77  2,182.77  2,182.77 
    Market Cap (MB.) 20,518.06  26,411.54  37,761.95 
    Price (B./share) 9.40  12.10  17.30 
    BVPS (B./Share) 7.68  12.95  13.67 
    P/BV (X) 1.22  0.93  1.27 
    P/E (X) N/A  N/A  N/A 
    Turnover Ratio (%) 26.46  51.12  125.54 
    Value Trade/Day (MB.) 36.81  68.89  221.82 
    Beta 1.43  1.16  1.40 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) -22.31  -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.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Cash 13,228.72 14,101.17 13,691.85 15,229.69 13,389.71
    A/R Net 11,687.54 11,552.23 10,394.07 11,704.95 10,358.26
    Inventories 4,771.59 5,022.48 4,947.02 4,999.85 4,986.78
    Current Assets 50,580.99 50,796.89 49,548.01 51,515.56 59,374.47
    PP&E Net 173,079.66 189,271.90 179,598.69 188,102.61 194,891.35
    Total Assets 261,986.15 281,956.05 268,721.20 280,774.55 283,123.87
    OD 2,000.00 1,000.00 2,000.00 3,000.00 2,000.00
    A/P Net 5,961.03 5,895.82 5,167.61 5,042.63 4,951.41
    Current portion of LT 19,053.45 22,331.84 22,863.10 24,825.19 22,966.34
    Current Liabilities 87,158.97 88,741.55 88,908.44 105,450.41 87,520.77
    Non-Current Liabilities 157,974.38 161,893.17 159,356.43 143,311.34 162,014.91
    Total Liabilities 245,133.35 250,634.72 248,264.86 248,761.75 249,535.67
    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) -13,788.90 -21,758.50 -33,215.75 -21,548.32 -19,475.90
    Treasury Stock - - - - -
    Shareholders' Equity 16,756.25 31,217.72 20,329.04 31,911.08 33,501.37
    Minority Interest 96.55 103.61 127.29 101.71 86.82
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    Statement of Comprehensive Income (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Sales 91,513.93 98,167.18 195,965.14 189,856.98 178,312.50
    Other Income 3,036.12 2,783.26 4,620.80 677.65 3,133.71
    Total Revenues 94,550.05 100,950.44 200,585.94 190,534.63 181,446.21
    COGs 79,202.45 79,305.64 106,388.00 149,665.15 140,708.74
    SG&A 5,319.69 5,257.08 67,435.64 11,215.23 9,404.41
    Total Expenses 98,517.67 100,199.13 207,684.33 188,712.36 177,524.46
    EBITDA 4,459.66 8,663.77 11,946.97 18,843.74 21,912.57
    Depre. & Amor. 8,427.28 7,912.45 19,045.36 17,021.47 17,990.83
    EBIT -3,967.62 751.31 -7,098.39 1,822.27 3,921.74
    Net Profit -6,438.37 -381.63 -11,625.17 -2,107.35 15.14
    EPS (B.) -2.95 -0.17 -5.33 -0.97 0.01
    more
    Statement of Cash Flow (MB.) 6M/2019 
    (01/01/19 
    -30/06/19) 
    6M/2018 
    (01/01/18 
    -30/06/18) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow 3,715.87 10,963.59 17,399.54 23,691.86 24,558.53
    Investing Cash Flow -751.32 -298.89 -2,098.50 -3,105.93 -3,826.35
    Financing Cash Flow -3,329.81 -11,916.76 -16,846.17 -18,676.94 -28,170.56
    Net Cash Flow -365.26 -1,252.06 -1,545.13 1,908.99 -7,438.37
    more
    Annualized: ROE, ROA
    Ratios 6M/2019  6M/2018  2018  2017 
    Current Ratio (X) 0.58 0.57 0.56 0.49
    ROE (%) -73.71 -1.39 -44.51 -6.44
    ROA (%) -4.35 0.87 -2.58 0.65
    D/E (X) 14.63 8.03 12.21 7.80
    Total Asset Turnover (X) 0.71 0.69 0.73 0.68
    Gross Profit Margin (%) 13.45 19.21 45.71 21.17
    EBIT Margin (%) -4.20 0.74 -3.54 0.96
    Net Profit Margin (%) -6.81 -0.38 -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 (%) 6M/2019  6M/2018  2018  2017 
    Sales Growth -6.78 4.69 3.22 6.47
    COGs Growth -0.13 7.78 -28.92 6.37
    Total Revenue Growth -6.34 7.18 5.28 5.01
    Total Expense Growth -1.68 6.47 10.05 6.30
    Net Profit Growth N/A N/A N/A N/A

    Annualized
    Cash Cycle 6M/2019  6M/2018  2018  2017 
    A/R Turnover (Times) 16.29 17.62 17.74 17.21
    Avg. Collection Period (Days) 22.40 20.72 20.58 21.21
    Inventory Turnover (Times) 21.70 31.12 21.39 29.97
    Avg. Inventory Period (Days) 16.82 11.73 17.06 12.18
    A/P Turnover (Times) 17.93 28.44 20.84 29.95
    Avg. Payment Period (Days) 20.36 12.83 17.51 12.19
    Cash Cycle (Days) 18.86 19.61 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.
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