Company Summary
THREL THAIRE LIFE ASSURANCE PUBLIC COMPANY LIMITED
Financials/Insurance
SET
CG Report:   
 
  Data as of 25 Oct 2021  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.)
3.14 4.34 / 2.44 12.42 1.33 600.00 1,884.00
News
Date/Time Subject
30 Sep 2021 20:59   Rights of Shareholders to Propose AGM Agenda and Qualified Candidate for Nomination as Director of the company
11 Aug 2021 08:51   Notification of the Interim Dividend Omission, under circular letter of the Office of Insurance Commission (OIC)
11 Aug 2021 08:50   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2021
11 Aug 2021 08:49   Financial Statement Quarter 2/2021 (Reviewed)
11 Aug 2021 08:49   Financial Performance Quarter 2 (F45) (Reviewed)
more

Company Profile
Address 48/15 Soi Rajchadapisek 20, Rajchadapisek Road Huaykwang Bangkok 10310
Telephone 0-2666-9000
Fax 0-2277-6227
URL www.thairelife.co.th
  Annual Report 2020
Establish Date 5/1/2000 Listed Date 09/10/2013
IPO Price (Baht) 9.50 @Par1.00 Baht
IPO Financial Advisory
  • BUALUANG SECURITIES PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    Main business of THREL is life reinsurance of all types. Part of the premium will be set aside as a technical reserve and the Company will manage this by investing to create returns to cover liabilities that will arise.

    Free Float 08 Mar 2021 04 Jun 2020
    % /Shareholders
    88.41% 5,120 88.47% 4,381
    Foreign Shareholders 3.49% (As of 25/10/2021) Foreign Limit 49.00%
    NVDR Shareholders  2.57% (As of 25/10/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -1.88 -2.16 -1.63
    20 Days 2.61 0.50 2.42
    60 Days 10.56 4.56 4.54
    120 Days -16.04 -19.09 -20.18
    YTD -0.63 -8.10 -11.87
    P/E (X) 12.42 21.68 20.87
    P/BV (X) 1.33 1.47 1.76
    Turnover Ratio (%) 0.08 0.11 1.29

    Top 10 Major Shareholders(@30 Apr 2021) Share %
    1. บริษัท ไทยรับประกันภัยต่อ จำกัด (มหาชน) 60,597,430 10.10
    2. กองทุนเปิด บัวหลวงหุ้นระยะยาว 30,481,600 5.08
    3. บริษัท Thai NVDR Company Limited 19,880,882 3.31
    4. นาย ANAN RAVEESANGSOON 17,400,000 2.90
    5. น.ส. จินตนา กาญจนกำเนิด 12,950,000 2.16
    6. MR. MIN TIENWORN 12,900,000 2.15
    7. กองทุนเปิด บัวหลวงหุ้นระยะยาว 75/25 12,240,400 2.04
    8. MR. EKSAKUL MANAKULISSARA 12,000,000 2.00
    9. นาย วชิระ ทยานาราพร 10,000,000 1.67
    10. HWIC ASIA FUND A/C CLASS C2 SHARES 9,000,000 1.50

    Management Position
    1. Mr. SUCHIN WANGLEE CHAIRMAN / INDEPENDENT DIRECTOR
    2. Acting SubLt. SUTTI RAJITRANGSON PRESIDENT / DIRECTOR
    3. Mrs. NUTCHAKORN SUWANSATHIT DIRECTOR
    4. Miss NAVADEE RUANGRATTANAMETEE DIRECTOR
    5. Mr. ORAN VONGSURAPHICHET DIRECTOR
    6. Mr. SUTEE MOKKHAVESA INDEPENDENT DIRECTOR
    7. Mr. KOPR KRITAYAKIRANA INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mrs. KOMKAI THUSARANON INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mrs. KITTIYA TODHANAKASEM INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    10. Mr. TARATE POSHYANANDA INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    25 Oct 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 600.00  600.00  600.00 
    Market Cap (MB.) 1,884.00  1,896.00  2,172.00 
    Price (B./share) 3.14  3.16  3.62 
    BVPS (B./Share) 2.36  2.20  2.49 
    P/BV (X) 1.33  1.44  1.45 
    P/E (X) 12.42  21.36  11.18 
    Turnover Ratio (%) 86.81  138.85  23.21 
    Value Trade/Day (MB.) 9.32  9.10  2.81 
    Beta 0.75  0.87  0.58 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) -0.63  -12.71  -43.88 
    Dividend Yield (%) 4.46  8.23  9.67 
    Payout Ratio 0.55  0.88  0.87 
    Dividend Policy Not less than 40% of net profit of separated financial statement after deduction of corporate tax and all reserves required by law the Company article of association (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2020 - 31 Dec 2020 0.14 Baht 19 May 2021 Cash
    01 Jul 2019 - 31 Dec 2019 0.13 Baht 05 Jun 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.13 Baht 19 Sep 2019 Cash
    01 Jul 2018 - 31 Dec 2018 0.15 Baht 15 May 2019 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    Miss Somjai Khunapasut/EY OFFICE LIMITED
    Miss NARISSARA CHAISUWAN/EY OFFICE LIMITED
    MISS RACHADA YONGSAWADVANICH/EY OFFICE LIMITED
    Miss WANWILAI PHETSANG/EY OFFICE LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Equity Method Company Company Company Company
    Cash And Cash Equivalents 13.97 25.39 41.13 33.80 55.11
    Premium Due & Uncoll. Net - - - - -
    Accrued invest. Income 15.73 12.44 14.39 13.19 10.98
    Reinsurance Assets - Net 3.86 2.74 3.37 2.66 2.89
    Amount Due From Reinsurers 410.54 - - - -
    PP&E Net 58.06 53.21 51.07 53.31 55.21
    Total Assets 2,718.70 2,399.42 2,700.10 2,426.16 2,357.87
    Insurance Liabilities 1,123.60 924.06 864.36 786.53 683.88
    Amount Due To Reinsurers 151.50 84.87 346.73 137.01 184.57
    Advance Premium - - - - -
    Total Liabilities 1,304.99 1,071.28 1,276.11 967.55 918.95
    Authorized Capital 600.00 - - - -
    Paid-Up Capital 600.00 600.00 600.00 600.00 600.00
    Premium (Discount) on Share Capital 79.16 79.16 79.16 79.16 79.16
    Retained Earnings (Deficit) 824.87 754.28 842.25 799.52 774.25
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Shareholders' Equity 1,413.71 1,328.14 1,424.00 1,458.61 1,438.92
    more
    Statement of Comprehensive Income (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Equity Method Company Company Company Company
    Net Premium Written 1,440.17 1,236.58 2,319.39 2,324.11 2,347.46
    Less Increase (Decrease) In Unearned Premium Reserves From Prior Period 203.14 - - - -
    Fee And Commission Income 1.82 1.21 2.43 1.67 2.93
    Net Investment Income 37.18 24.44 33.23 95.42 82.02
    Total Revenues 1,283.13 1,264.55 2,360.58 2,431.53 2,426.31
    Increase (Decrease) In Life Policy Reserves 4.86 144.87 55.93 116.79 86.59
    Gross Claims 861.92 729.67 1,464.06 1,423.18 1,374.25
    Less Claim Recovery From Reinsurers 10.63 2.10 3.90 2.55 3.79
    Other Underwriting Expenses 25.18 17.54 36.47 33.88 25.22
    Operating Expenses 45.87 46.19 93.00 92.16 85.42
    Total Expenses 1,208.29 1,226.12 2,218.00 2,199.52 2,116.29
    EBT 74.84 38.42 142.59 232.00 310.02
    Income Tax Expense 9.68 3.52 21.15 37.75 56.56
    Net Profit : Owners Of The Parent 65.16 34.90 121.43 194.26 253.47
    EPS (B.) 0.11 0.06 0.20 0.32 0.42
    more
    Statement of Cash Flow (MB.) 6M/2021 
    (01/01/21 
    -30/06/21) 
    6M/2020 
    (01/01/20 
    -30/06/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Accounting Type Equity Method Company Company Company Company
    Operating Cash Flow 78.97 71.33 88.35 149.16 156.53
    Investing Cash Flow -21.77 -1.33 -2.18 -2.47 -13.51
    Financing Cash Flow -84.40 -78.40 -78.79 -168.00 -300.00
    Net Cash Flow -27.20 -8.39 7.38 -21.31 -156.98
    more
    Annualized: ROE, ROA
    Ratios 6M/2021  6M/2020  2020  2019 
    ROE (%) 11.06 8.46 8.43 13.41
    ROA (%) 7.00 5.62 5.57 9.70
    D/E (X) 0.92 0.81 0.90 0.66
    Total Asset Turnover (X) 0.93 0.95 0.92 1.02
    Net Profit Margin (%) 5.08 2.76 5.14 7.99

    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/2021  6M/2020  2020  2019 
    Total Invest Income growth 82.16 -41.84 -65.17 28.75
    Total underwriting exp growth -1.35 4.10 0.74 3.77
    Total operating exp growth -0.69 -6.30 0.91 7.89
    Net Profit Growth 86.70 -67.96 -37.49 -23.36


    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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