Company Summary
TIW THAILAND IRON WORKS PUBLIC COMPANY LIMITED
Industrials/Steel
SET
CG Report:   
 
  Data as of 22 Sep 2020  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
189.00 249.00 / 138.00 N/A 1.56 60.00 1,134.00 1,078.11 -86.09 -11.33
News
Date/Time Subject
14 Sep 2020 20:35   Receiving of the Results of Tender Offer Report of Thailand Iron Works Public Company Limited (Form 256-2)
11 Sep 2020 19:29   Change in CFO / Chief Accounting
02 Sep 2020 19:37   Submission of the Clarification on Changes to the Report of the Independent Financial Advisor on the Tender Offer for Securities of Thailand Iron Works Public Company Limited
01 Sep 2020 17:08   Notification of submitting of the Report on the Preliminary Result of Tender Offer for Securities (Form 247-6-Khor) of Thailand Iron Works PLC.
31 Aug 2020 20:57   Amendments to the Opinion of the Company on the Tender Offer (Form 250-2) and the Opinion of the Independent Financial Advisor on the Conditional Voluntary Tender Offer
more

Company Profile
Address 86 MOO 1, SUKSAWAT-POMPHRAJUN ROAD, PHRASAMUTJADEE Samut Prakarn 10290
Telephone 0-2425-0011
Fax 0-2815-2345
URL www.tiw.co.th
  Annual Report 2019
Establish Date 10/04/1958 Listed Date 25/01/1993
IPO Price (Baht) 130.00 @Par10.00 Baht
IPO Financial Advisory
  • SAKURA-THAI FINANCE AND SECURITIES CO.,LTD.
  • UNION ASIA FINANCE PUBLIC COMPANY LIMITED
  • Par 10.00 Baht
    Last Par Change N/A

    Market/Industry/Sector Change
    Effective Date 04/01/2011
    Previous Market/Industry/Sector SET  / Property & Construction / Construction Materials
    Current Market/Industry/Sector SET  / Industrials / Steel

    Business
    The Company operates in the manufacturing and distribution of galvanized iron sheets and Color Metal Sheet products.

    Free Float 24 Mar 2020 22 Mar 2019
    % /Shareholders
    17.02% 285 17.01% 318
    Foreign Shareholders 0.56% (As of 22/09/2020) Foreign Limit 49.00%
    NVDR Shareholders  0.03% (As of 22/09/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.61 3.35 3.10
    20 Days -10.43 -9.38 -8.19
    60 Days 6.78 10.94 13.90
    120 Days 16.67 -12.39 3.75
    YTD 5.00 15.49 30.86
    P/E (X) N/A N/A 21.74
    P/BV (X) 1.56 0.50 1.43
    Turnover Ratio (%) N/A 0.01 0.84

    Top 10 Major Shareholders(@12 May 2020) Share %
    1. ดร. ประสิทธิ์ กาญจนศักดิ์ชัย 3,965,368 66.09
    2. นาย เกรียงไกร ด่านชัยวิจิตร 650,000 10.83
    3. นาง รื่นรวย เกตุรายนาค 362,400 6.04
    4. MITSIAM INTERNATIONAL LTD. 300,000 5.00
    5. นาง วิไลวรรณ อาจาริยานนท์ 53,000 0.88
    6. น.ส. PAKAVALEE JEARSAWATVATTANA 35,800 0.60
    7. นาย PHAIROJ BUNDITYANOND 32,000 0.53
    8. น.ส. KUNTIDA KHONGRUNGPHAKORN 31,000 0.52

    Management Position
    1. Miss PARLEERAT PANBOONHOM CHAIRMAN OF THE BOARD OF DIRECTORS / CHIEF EXECUTIVE OFFICER
    2. Mr. PRASIT KANCHANASAKDICHAI CHAIRMAN OF EXECUTIVE COMMITTEE / DIRECTOR
    3. Mr. KRIENGCHAI TRINAPAKORN DIRECTOR
    4. Mr. KRIANGKRAI DANCHAIVICHIT DIRECTOR
    5. Miss SUKANYA TIPMANEE DIRECTOR
    6. Mr. SUDWIN PANYAWONGKHANTI INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    7. Miss PUNCHADA SIRIVUNNABOOD INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mrs. RATANA SITHIPRASASNA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    22 Sep 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 6.00  6.00  6.00 
    Market Cap (MB.) 1,134.00  1,080.00  1,320.00 
    Price (B./share) 189.00  180.00  220.00 
    BVPS (B./Share) 121.10  141.69  142.87 
    P/BV (X) 1.56  1.27  1.54 
    P/E (X) N/A  68.51  29.71 
    Turnover Ratio (%) 2.01  11.97  40.77 
    Value Trade/Day (MB.) 0.14  0.54  2.90 
    Beta 0.06  -0.24  0.59 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) 5.00  -18.18  29.41 
    Dividend Yield (%) N/A  0.56  N/A 
    Payout Ratio N/A  0.38 
    Dividend Policy At 50% of the annual net profit

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Apr 2018 - 31 Dec 2018 1.00 Baht 17 May 2019 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MR. KIATNIYOM KUNTISOOK/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    MS. PENSRI THAMVARODOM/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    MISS SOPHAPHAN SAPTIPPAYARATTANA/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    MS. KORNTHONG LUANGVILAI/DELOITTE TOUCHE TOHMATSU JAIYOS AUDIT CO., LTD.
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data *
    Statement of Financial Position (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/04/18 
    -31/12/18) 
    2017 
    (01/04/16 
    -31/03/17) 
    Cash 175.95 127.92 91.14 103.05 110.83
    A/R Net 39.27 31.82 34.43 41.20 41.00
    Inventories 406.26 495.01 552.34 515.06 321.86
    Current Assets 771.07 740.14 684.22 749.26 611.63
    PP&E Net 0.33 180.29 174.01 188.58 201.17
    Total Assets 846.68 985.48 948.64 1,002.79 877.36
    OD 66.06 92.58 78.94 63.59 62.41
    A/P Net 23.83 11.52 8.60 55.79 21.79
    Current portion of LT 1.21 0.31 0.31 0.35 -
    Current Liabilities 91.64 104.97 88.43 134.21 86.82
    Non-Current Liabilities 28.42 25.55 23.51 20.54 22.39
    Total Liabilities 120.06 130.52 111.94 154.74 109.21
    Authorized Capital 73.05 73.05 73.05 73.05 100.00
    Paid-Up Capital 60.00 60.00 60.00 60.00 60.00
    Premium (Discount) on Share Capital 140.00 140.00 140.00 140.00 140.00
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 526.62 654.96 636.70 648.05 568.14
    Treasury Stock - - - - -
    Shareholders' Equity 726.62 854.96 836.70 848.05 768.14
    Minority Interest 0.00 0.00 0.00 0.00 -
    more
    Statement of Comprehensive Income (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/04/18 
    -31/12/18) 
    2017 
    (01/04/16 
    -31/03/17) 
    Sales 241.90 235.70 394.80 374.36 338.08
    Other Income 1.44 12.02 14.27 4.84 7.28
    Total Revenues 243.34 247.71 409.07 379.20 345.37
    COGs 294.00 209.10 367.77 303.99 333.88
    SG&A 21.40 17.90 33.56 42.55 36.96
    Total Expenses 336.74 233.20 411.07 354.06 382.68
    EBITDA -86.09 22.04 12.98 36.84 -19.84
    Depre. & Amor. 7.30 7.53 14.98 11.70 17.48
    EBIT -93.40 14.51 -2.00 25.14 -37.31
    Net Profit -110.07 12.92 -5.35 23.07 -37.31
    EPS (B.) -18.35 2.15 -0.89 3.84 -6.22
    more
    Statement of Cash Flow (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/04/18 
    -31/12/18) 
    2017 
    (01/04/16 
    -31/03/17) 
    Operating Cash Flow 94.11 3.31 -99.93 -20.37 -144.78
    Investing Cash Flow 3.97 -1.53 78.75 -94.23 257.10
    Financing Cash Flow -13.37 22.85 9.03 76.41 -56.90
    Net Cash Flow 84.71 24.63 -12.15 -38.20 55.42
    more
    * The company have changed the fiscal year end date, please see details in its news
    Annualized: ROE, ROA
    Ratios 6M/2020  6M/2019  2019  2018 
    Current Ratio (X) 8.41 7.05 7.74 5.58
    ROE (%) -16.23 4.50 -0.64 4.51
    ROA (%) -12.00 4.22 -0.21 4.03
    D/E (X) 0.17 0.15 0.13 0.18
    Total Asset Turnover (X) 0.44 0.60 0.42 0.52
    Gross Profit Margin (%) -21.54 11.28 6.85 18.79
    EBIT Margin (%) -38.38 5.86 -0.49 7.82
    Net Profit Margin (%) -45.24 5.21 -1.31 7.39

    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/2020  6M/2019  2019  2018 
    Sales Growth 2.63 -7.73 -22.70 51.08
    COGs Growth 40.60 14.93 -11.34 24.24
    Total Revenue Growth -1.77 -3.91 -20.85 49.65
    Total Expense Growth 44.40 12.93 -13.72 24.49
    Net Profit Growth N/A -74.76 N/A N/A

    Annualized
    Cash Cycle 6M/2020  6M/2019  2019  2018 
    A/R Turnover (Times) 11.28 18.15 10.44 12.40
    Avg. Collection Period (Days) 32.35 20.11 34.96 29.44
    Inventory Turnover (Times) 1.00 0.98 0.69 0.81
    Avg. Inventory Period (Days) 363.35 371.28 529.68 453.22
    A/P Turnover (Times) 25.61 42.23 11.42 7.44
    Avg. Payment Period (Days) 14.25 8.64 31.95 49.09
    Cash Cycle (Days) 381.46 382.74 532.69 433.57


    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.