Company Summary
THRE THAI REINSURANCE PUBLIC COMPANY LIMITED
Financials/Insurance
sSET
CG Report:   
 
  Data as of 17 Jul 2019  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.)
0.80 1.20 / 0.73 N/A 0.91 4,214.99 3,372.00
News
Date/Time Subject
17 May 2019 12:34   Notification of the registration of the amendment to Article 27 and Article 33 of the Company's Articles of Association
08 May 2019 17:03   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2019
08 May 2019 17:02   Financial Statement Quarter 1/2019 (Reviewed)
08 May 2019 17:02   Reviewed Quarter 1 and Consolidated F/S (F45-3)
03 May 2019 07:41   Publication of the Minutes of Annual General Meeting of Shareholders No. 26 on the Company's website
more

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 2018
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 13 Mar 2019 09 Mar 2018
    % /Shareholders
    51.49% 4,638 52.34% 4,680
    Foreign Shareholders 50.20% (As of 17/07/2019) Foreign Limit 100.00%
    NVDR Shareholders  3.47% (As of 17/07/2019)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.27 0.55 1.42
    20 Days 2.56 2.52 -0.52
    60 Days -3.61 -2.16 -6.17
    120 Days -6.98 -10.93 -14.47
    YTD -8.05 -12.23 -16.34
    P/E (X) N/A 14.44 18.52
    P/BV (X) 0.91 1.24 1.88
    Turnover Ratio (%) N/A 0.03 1.06

    Top 10 Major Shareholders(@13 Mar 2019) Share %
    1. HWIC ASIA FUND A/C CLASS C 1,987,104,436 47.14
    2. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 148,257,395 3.52
    3. บริษัท วิริยะประกันภัย จำกัด (มหาชน) 133,658,535 3.17
    4. นาย วชิระ ทยานาราพร 100,000,000 2.37
    5. กองทุนเปิด อเบอร์ดีน สแตนดาร์ด หุ้นระยะยาว 93,320,292 2.21
    6. บริษัท กรุงเทพประกันภัย จำกัด (มหาชน) 84,953,096 2.02
    7. กองทุนเปิด อเบอร์ดีน สแตนดาร์ด สมอล แค็พ 83,540,770 1.98
    8. กองทุนเปิด อเบอร์ดีน สแตนดาร์ด โกรท 69,587,610 1.65
    9. บริษัท นวกิจประกันภัย จำกัด (มหาชน) 63,141,919 1.50
    10. นาย ณัฐพล จุฬางกูร 60,237,500 1.43

    Management Position
    1. Mr. CHAI SOPHONPANICH CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. ORAN VONGSURAPHICHET CHIEF EXECUTIVE OFFICER
    3. Mr. CHANDRAN RATNASWAMI VICE CHAIRMAN
    4. Mr. SURACHAI SIRIVALLOP VICE CHAIRMAN OF THE BOARD OF DIRECTORS
    5. Mr. GOBINATH ARVIND ATHAPPAN DIRECTOR
    6. Mr. JIRAPHANT ASVATANAKUL 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
    17 Jul 2019
    2018
    28 Dec 2018
    2017
    29 Dec 2017
    Listed share (M.) 4,214.99  4,214.99  4,214.99 
    Market Cap (MB.) 3,372.00  3,667.04  7,502.69 
    Price (B./share) 0.80  0.87  1.78 
    BVPS (B./Share) 0.88  0.99  1.12 
    P/BV (X) 0.91  0.88  1.59 
    P/E (X) N/A  N/A  N/A 
    Turnover Ratio (%) 7.38  25.24  23.40 
    Value Trade/Day (MB.) 1.93  6.70  7.70 
    Beta 0.85  0.86  1.04 
     
    Rate of Return YTD  2018  2017 
    Price Change (%) -8.05  -51.12  -15.24 
    Dividend Yield (%) N/A  11.49  8.43 
    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 31/12/2019)
    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
    MS. SARUNYA PRADSRI/E Y OFFICE COMPANY LIMITED
    MS. BONGKOT KRIENGPANAMORN/E Y OFFICE COMPANY LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    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 & Deposits 306.59 814.72 446.27 394.50 833.69
    PP&E Net 249.34 260.80 251.86 264.13 281.23
    Due from Reinsurers - 2,121.41 2,039.16 1,976.20 2,260.73
    Premium Due & Uncoll. - - - - -
    Accrued invest. Income 10.01 7.93 2.92 12.47 15.32
    Total Assets 9,642.54 11,768.93 9,842.24 12,395.08 14,417.93
    Unearned Premium Reserve - 1,925.49 1,812.73 1,936.74 2,032.26
    Loss Reserve & Claims - 1,672.87 1,792.14 1,674.50 2,143.70
    Held on Reinsurance Treaties - 739.68 600.59 838.05 750.50
    Total Liabilities 5,951.10 7,412.24 6,222.40 7,528.77 9,037.64
    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) -406.56 301.99 -442.30 785.82 1,319.43
    Treasury Stock - - - - -
    Shareholders' Equity 3,689.59 4,356.69 3,619.85 4,866.31 5,320.43
    more
    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) 
    Total Underwriting Income 868.38 752.94 3,359.41 3,171.44 3,349.29
    Total Underwriting Expenses 1,001.87 999.00 4,115.75 3,767.48 3,886.29
    Net Investment Income 39.22 85.98 61.38 166.38 284.93
    Total Operating Expenses 43.72 114.05 199.80 198.52 187.26
    EBT 45.20 -232.91 -688.05 272.28 371.98
    Net Profit 40.10 -478.35 -1,011.84 -111.15 277.66
    EPS (B.) 0.01 -0.11 -0.24 -0.03 0.07
    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 -135.58 426.76 288.56 46.44 604.91
    Investing Cash Flow -4.13 -5.15 -20.65 -39.44 -118.63
    Financing Cash Flow -1.29 -1.38 -216.13 -440.10 -451.28
    Net Cash Flow -139.68 420.22 51.77 -439.19 35.00
    more
    Annualized: ROE, ROA
    Ratios 3M/2019  3M/2018  2018  2017 
    ROE (%) -12.26 -13.22 -23.85 -2.18
    ROA (%) -3.83 -0.22 -6.19 2.03
    D/E (X) 1.61 1.70 1.72 1.55
    Total Asset Turnover (X) 0.36 0.28 0.34 0.27
    Net Profit Margin (%) 4.01 -51.88 -26.88 -3.03

    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 
    Total underwriting inc. growth 15.33 -6.48 5.93 -5.31
    Total underwriting exp growth 0.29 0.14 9.24 -3.06
    Total operating exp growth -61.67 140.17 0.65 6.02
    Net Profit Growth N/A N/A N/A N/A


    Trading Sign (Latest)
    Trading Alert Posted Date Lifted Date
    No Information Found

    Market Alert (Latest)
    No Information Found
    more

    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.