Company Summary
THRE THAI REINSURANCE PUBLIC COMPANY LIMITED
Financials/Insurance
sSET
CG Report:   
 
  Data as of 16 Nov 2018  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.)
0.98 1.89 / 0.97 N/A 0.99 4,214.99 4,130.69
News
Date/Time Subject
07 Nov 2018 17:03   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2018
07 Nov 2018 17:02   Financial Statement Quarter 3/2018 (Reviewed)
07 Nov 2018 17:02   Reviewed Quarter 3 and Consolidated F/S (F45-3)
18 Sep 2018 12:34   Rights of shareholders to propose AGM agenda item and qualified candidate for nomination as Company's director
31 Aug 2018 07:32   Appointment of Director and Amendment of the Audit Committee Charter
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Company Profile
Address 48/22-24 Soi Rajchadapisek 20, Rajchadapisek Road, Samsennok, Huaykwang Bangkok 10310
Telephone 0-2660-6111, 0-2290-3111
Fax 0-2660-6100, 0-2290-3100
URL www.thaire.co.th
  Annual Report 2017
Establish Date 18/7/1978 Listed Date 26/02/1993
IPO Price (Baht) 80.00 @Par10.00 Baht
IPO Financial Advisory
  • SRISAWAD FINANCE PUBLIC COMPANY LIMITED
  • TISCO BANK PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 24/04/2003

    Business
    The Company is a professional reinsurer which offers reinsurance coverage in all major property and casualty business lines, with particular expertise in property, casualty, engineering, and marine. Its customers are mostly local non-life insurers and a selected number of customers in foreign markets.

    Free Float 09 Mar 2018 14 Mar 2017
    % /Shareholders
    52.34% 4,680 52.39% 5,074
    Foreign Shareholders 50.88% (As of 16/11/2018) Foreign Limit 100.00%
    NVDR Shareholders  3.49% (As of 16/11/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -2.97 -1.05 -0.98
    20 Days -3.92 -0.16 -0.23
    60 Days -7.55 -6.56 -4.95
    120 Days -23.44 -15.99 -18.02
    YTD -44.94 -39.35 -40.95
    P/E (X) N/A 12.43 15.50
    P/BV (X) 0.99 1.25 1.86
    Turnover Ratio (%) 0.10 0.06 0.61

    Top 10 Major Shareholders(@02 May 2018) Share %
    1. HWIC ASIA FUND A/C CLASS C 1,987,104,436 47.14
    2. บริษัท วิริยะประกันภัย จำกัด (มหาชน) 145,925,835 3.46
    3. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 144,078,576 3.42
    4. กองทุนเปิด อเบอร์ดีนหุ้นระยะยาว 115,344,292 2.74
    5. กองทุนเปิด อเบอร์ดีนสมอลแค็พ 110,619,270 2.62
    6. กองทุนเปิด อเบอร์ดีนโกรท 99,495,010 2.36
    7. บริษัท กรุงเทพประกันภัย จำกัด (มหาชน) 79,452,896 1.89
    8. บริษัท นวกิจประกันภัย จำกัด (มหาชน) 63,657,919 1.51
    9. พ.ญ. กนกแก้ว วีรวรรณ 54,289,700 1.29
    10. นาย ณัฐพล จุฬางกูร 46,000,000 1.09

    Management Position
    1. Mr. SURACHAI SIRIVALLOP CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. ORAN VONGSURAPHICHET CHIEF EXECUTIVE OFFICER
    3. Mr. CHANDRAN RATNASWAMI VICE CHAIRMAN
    4. Mr. GOBINATH ARVIND ATHAPPAN DIRECTOR
    5. Mr. JIRAPHANT ASVATANAKUL DIRECTOR
    6. Mr. CHAI SOPHONPANICH DIRECTOR
    7. Mr. ASWIN KONGSIRI INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mr. CHANIN ROONSAMRARN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Miss POTJANEE THANAVARANIT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. KERATI PANICHEWA INDEPENDENT DIRECTOR
    11. Mr. SARA LAMSAM INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    16 Nov 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 4,214.99  4,214.99  4,214.99 
    Market Cap (MB.) 4,130.69  7,502.69  8,851.49 
    Price (B./share) 0.98  1.78  2.10 
    BVPS (B./Share) 0.99  1.12  1.27 
    P/BV (X) 0.99  1.59  1.65 
    P/E (X) N/A  N/A  30.93 
    Turnover Ratio (%) 24.54  23.40  16.97 
    Value Trade/Day (MB.) 7.44  7.70  6.82 
    Beta 0.87  1.04  0.83 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -44.94  -15.24  -23.91 
    Dividend Yield (%) 10.20  8.43  N/A 
    Payout Ratio N/A  N/A  N/A 
    Dividend Policy Not less than 40% of net profit of separate financial statement after deduction of all reserves. In addition, the dividend payment is subject to the approval of Board of Director and shareholders (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2017 - 31 Dec 2017 0.05 Baht 18 May 2018 Cash
    01 Jan 2017 - 30 Jun 2017 0.05 Baht 29 Sep 2017 Cash
    01 Jul 2016 - 31 Dec 2016 0.05 Baht 16 May 2017 Cash
    01 Jan 2016 - 30 Jun 2016 0.10 Baht 22 Sep 2016 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    MISS RATANA JALA/E Y OFFICE COMPANY LIMITED
    MRS. NOGLAK PUMNOI/E Y OFFICE COMPANY LIMITED
    Miss Somjai Khunapasut/E Y OFFICE COMPANY LIMITED
    MISS RACHADA YONGSAWADVANICH/E Y OFFICE COMPANY LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Cash & Deposits 291.99 430.84 394.50 833.69 798.70
    PP&E Net 254.17 277.36 264.13 281.23 224.25
    Due from Reinsurers - - 1,976.20 2,260.73 -
    Premium Due & Uncoll. - - - - 42.18
    Accrued invest. Income 5.26 6.86 12.47 15.32 24.56
    Total Assets 10,287.45 12,778.88 12,395.08 14,417.93 15,111.95
    Unearned Premium Reserve - - 1,936.74 2,032.26 2,050.01
    Loss Reserve & Claims - - 1,674.50 2,143.70 2,168.60
    Held on Reinsurance Treaties - - 838.05 750.50 -
    Total Liabilities 6,109.55 8,037.05 7,528.77 9,037.64 9,655.59
    Authorized Capital - 4,214.99 4,214.99 4,214.99 4,214.99
    Paid-Up Capital 4,214.99 4,214.99 4,214.99 4,214.99 4,214.99
    Premium (Discount) on Share Capital - - - - -
    Retained Earnings (Deficit) 94.82 666.92 785.82 1,319.43 1,465.31
    Treasury Stock - - - - -
    Shareholders' Equity 4,177.91 4,717.63 4,866.31 5,320.43 5,412.66
    more
    Statement of Comprehensive Income (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Total Underwriting Income 2,503.68 2,380.64 3,171.44 3,349.29 4,111.55
    Total Underwriting Expenses 2,999.37 2,887.54 3,767.48 3,886.29 4,150.11
    Net Investment Income 227.49 201.21 166.38 284.93 1,385.93
    Total Operating Expenses 154.17 148.52 198.52 187.26 146.27
    EBT -256.72 128.16 272.28 371.98 3,276.34
    Net Profit -475.53 -230.56 -111.15 277.66 2,655.12
    EPS (B.) -0.11 -0.05 -0.03 0.07 0.63
    more
    Statement of Cash Flow (MB.) 9M/2018 
    (01/01/18 
    -30/09/18) 
    9M/2017 
    (01/01/17 
    -30/09/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    2015 
    (01/01/15 
    -31/12/15) 
    Operating Cash Flow 128.60 69.36 46.44 604.91 -657.38
    Investing Cash Flow -16.29 -27.41 -39.44 -118.63 231.19
    Financing Cash Flow -214.82 -438.70 -440.10 -451.28 -16.63
    Net Cash Flow -102.51 -396.75 -439.19 35.00 -442.82
    more
    Annualized: ROE, ROA
    Ratios 9M/2018  9M/2017  2017  2016 
    ROE (%) -8.01 -2.51 -2.18 5.17
    ROA (%) -0.98 1.89 2.03 2.52
    D/E (X) 1.46 1.70 1.55 1.70
    Total Asset Turnover (X) 0.33 0.28 0.27 0.27
    Net Profit Margin (%) -15.92 -8.14 -3.03 7.08

    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/2018  9M/2017  2017  2016 
    Total underwriting inc. growth 5.17 -3.44 -5.31 -18.54
    Total underwriting exp growth 3.87 0.36 -3.06 -6.36
    Total operating exp growth 3.81 16.16 6.02 28.02
    Net Profit Growth N/A N/A N/A -89.54


    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.