Company Summary
TMW THAI MITSUWA PUBLIC COMPANY LIMITED
Industrial
mai
CG Report:   -
 
  Data as of 24 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
29.00 48.50 / 28.25 8.88 0.48 199.50 1,157.10 1,506.00 18.52 3.40
News
Date/Time Subject
14 Aug 2020 17:03   Management Discussion and Analysis Quarter 1 Ending 30 Jun 2020
14 Aug 2020 17:02   Financial Statement Quarter 1/2020 (Reviewed)
14 Aug 2020 17:02   Financial Performance Quarter 1 (F45) (Reviewed)
29 Jul 2020 13:28   Shareholders meeting's resolution for the year 2020
24 Jul 2020 17:01   Shareholders meeting's resolution for the year 2020
more

Company Profile
Address 31 MOO 2, LARD LUM KAEW ROAD, AMPHOE MUEANG Pathum Thani 12000
Telephone 0-2581-5558-60, 0-2581-2157-61
Fax 0-2581-6160, 0-2581-3796
URL http://www.thaimitsuwa.com
Establish Date 04/11/1987 Listed Date 09/10/2003
IPO Price (Baht) 13.00 @Par5.00 Baht
IPO Financial Advisory
  • MAYBANK KIM ENG SECURITIES (THAILAND) PUBLIC COMPANY LIMITED
  • Par 5.00 Baht
    Last Par Change N/A

    Market/Industry/Sector Change
    Effective Date 05/01/2015
    Previous Market/Industry/Sector mai  / MAI Industry / Medium-Sized Enterprise
    Current Market/Industry/Sector mai  / Industrial / Industrial

    Business
    Contract manufacturing, color printing, spray painting and assembly of parts for various products, including: 1. Plastic products for office electrical appliances 2. Plastic products for home electrical appliances 3. Plastic products for cars and motorcycles 4. Service for repairing and improving molds 5. Magnesium products for cameras

    Free Float 01 Jul 2020 13 Jun 2019
    % /Shareholders
    21.37% 1,450 26.45% 2,596
    Foreign Shareholders 71.85% (As of 24/09/2020) Foreign Limit 100.00%
    NVDR Shareholders  1.54% (As of 24/09/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Industry (%) Compare to Market (%)
    5 Days -0.85 -1.14 -2.67
    20 Days -3.33 -7.30 -6.65
    60 Days -23.68 -23.67 -27.90
    120 Days 2.65 -28.38 -31.66
    YTD -24.18 -29.72 -25.86
    P/E (X) 8.88 30.10 34.04
    P/BV (X) 0.48 1.15 1.66
    Turnover Ratio (%) 0.03 0.47 0.34

    Top 10 Major Shareholders(@03 Aug 2020) Share %
    1. MITSUWA ELECTRIC INDUSTRY CO.,LTD. 22,620,000 56.69
    2. MR. HIROSHI YAMADA 3,506,000 8.79
    3. นายแพทย์ ชุมพล ลิ้มชูวงศ์ 2,010,600 5.04
    4. บริษัท ไทยซูซูกิ มอเตอร์ จำกัด 2,000,000 5.01
    5. MR. HIROTO YAMADA 1,075,000 2.69
    6. MITSUWA ELECTRIC INDUSTRY CO.,LTD. 1,020,300 2.56
    7. บริษัท Thai NVDR Company Limited 599,281 1.50
    8. MR. SUPPAROJ ROJWEERA 373,300 0.94
    9. น.ส. อัญชนา พินิจกุศลจิต 255,000 0.64
    10. นาย นพดล พิทักษ์เผ่า 235,100 0.59

    Management Position
    1. Mr. HIROSHI YAMADA MANAGING DIRECTOR / DIRECTOR
    2. Mr. PHAITOON KLADKHIEO DIRECTOR
    3. Mr. HIROKAZU TSURUHARA DIRECTOR
    4. Mr. ORAN SRIMONGKOL DIRECTOR
    5. Mr. NAOKI YAMADA DIRECTOR
    6. Mr. KOMAIN SUEBVISED PRESIDENT OF INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    7. Mr. PHORNTHEP YARNPRASART INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    8. Mr. PATCHARA KAEWNUKUL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    24 Sep 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 39.90  39.90  39.90 
    Market Cap (MB.) 1,157.10  1,526.18  2,623.42 
    Price (B./share) 29.00  38.25  65.75 
    BVPS (B./Share) 60.23  58.70  54.34 
    P/BV (X) 0.48  0.65  1.21 
    P/E (X) 8.88  5.31  6.96 
    Turnover Ratio (%) 9.34  11.49  22.54 
    Value Trade/Day (MB.) 0.74  1.02  2.43 
    Beta 0.78  0.61  0.73 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) -24.18  -41.83  15.35 
    Dividend Yield (%) 6.14  7.32  3.88 
    Payout Ratio 0.54  0.39  0.27 
    Dividend Policy Approximately 30% of net profit after tax, but dependent upon economic conditions and future investment

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Apr 2019 - 31 Mar 2020 1.78 Baht 21 Aug 2020 Cash
    01 Apr 2018 - 31 Mar 2019 2.80 Baht 14 Aug 2019 Cash
    01 Apr 2017 - 31 Mar 2018 2.55 Baht 08 Aug 2018 Cash
     
    Auditor
    (Effective Until 31/03/2021)
    MS. KAMONTIP LERTWITWORATEP/EY OFFICE LIMITED
    MR. WICHART LOKATEKRAWEE/EY OFFICE LIMITED
    MISS SIRIWAN SURATEPIN/EY OFFICE LIMITED
    F/S Year ended 31/03
    Latest Type of Report Unqualified opinion with an emphasis of matters
    Financial Data
    Statement of Financial Position (MB.) 3M/2021 
    (01/04/20 
    -30/06/20) 
    3M/2020 
    (01/04/19 
    -30/06/19) 
    2020 
    (01/04/19 
    -31/03/20) 
    2019 
    (01/04/18 
    -31/03/19) 
    2018 
    (01/04/17 
    -31/03/18) 
    Cash 311.28 343.00 344.15 269.40 443.51
    A/R Net 349.57 566.33 515.89 637.40 546.66
    Inventories 240.51 203.90 275.55 205.58 176.48
    Current Assets 913.10 1,280.89 1,146.36 1,284.60 1,592.41
    PP&E Net 1,754.53 1,744.80 2,107.09 1,745.35 1,369.88
    Total Assets 3,063.46 3,098.90 3,331.82 3,095.72 3,015.88
    OD - - - - -
    A/P Net 289.46 541.22 509.62 571.65 656.91
    Current portion of LT 109.96 55.86 101.17 76.01 102.04
    Current Liabilities 423.68 616.32 635.89 671.32 787.98
    Non-Current Liabilities 236.50 89.83 239.00 83.30 153.68
    Total Liabilities 660.18 706.15 874.89 754.62 941.66
    Authorized Capital 199.50 199.50 199.50 199.50 199.50
    Paid-Up Capital 199.50 199.50 199.50 199.50 199.50
    Premium (Discount) on Share Capital 55.40 55.40 55.40 55.40 55.40
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 2,148.38 2,137.85 2,202.03 2,086.20 1,819.32
    Treasury Stock - - - - -
    Shareholders' Equity 2,403.28 2,392.75 2,456.93 2,341.10 2,074.22
    Minority Interest - - - - -
    more
    Statement of Comprehensive Income (MB.) 3M/2021 
    (01/04/20 
    -30/06/20) 
    3M/2020 
    (01/04/19 
    -30/06/19) 
    2020 
    (01/04/19 
    -31/03/20) 
    2019 
    (01/04/18 
    -31/03/19) 
    2018 
    (01/04/17 
    -31/03/18) 
    Sales 410.05 731.90 2,910.87 3,275.70 2,945.70
    Other Income 3.98 2.34 16.94 19.74 21.99
    Total Revenues 414.02 734.23 2,927.81 3,295.43 2,967.69
    COGs 337.10 605.74 2,345.39 2,586.42 2,299.33
    SG&A 127.28 71.04 300.49 276.20 254.71
    Total Expenses 464.38 676.78 2,645.88 2,862.62 2,554.04
    EBITDA 18.52 116.38 540.25 640.37 590.18
    Depre. & Amor. 68.87 58.93 258.32 207.56 176.53
    EBIT -50.35 57.46 281.93 432.81 413.65
    Net Profit -53.65 51.65 235.65 370.61 333.95
    EPS (B.) -1.34 1.29 5.91 9.29 8.37
    more
    Statement of Cash Flow (MB.) 3M/2021 
    (01/04/20 
    -30/06/20) 
    3M/2020 
    (01/04/19 
    -30/06/19) 
    2020 
    (01/04/19 
    -31/03/20) 
    2019 
    (01/04/18 
    -31/03/19) 
    2018 
    (01/04/17 
    -31/03/18) 
    Operating Cash Flow 19.77 144.58 483.26 470.99 474.01
    Investing Cash Flow -50.86 -46.83 -441.54 -433.03 -220.13
    Financing Cash Flow -1.78 -24.15 33.04 -212.07 -119.78
    Net Cash Flow -32.88 73.60 74.75 -174.11 134.10
    more
    Annualized: ROE, ROA
    Ratios 3M/2021  3M/2020  2020  2019 
    Current Ratio (X) 2.16 2.08 1.80 1.91
    ROE (%) 5.44 14.77 9.82 16.79
    ROA (%) 5.65 12.54 8.77 14.16
    D/E (X) 0.27 0.30 0.36 0.32
    Total Asset Turnover (X) 0.85 1.05 0.91 1.08
    Gross Profit Margin (%) 17.79 17.24 19.43 21.04
    EBIT Margin (%) -12.16 7.83 9.63 13.13
    Net Profit Margin (%) -12.96 7.03 8.05 11.25

    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/2021  3M/2020  2020  2019 
    Sales Growth -43.97 -5.25 -11.14 11.20
    COGs Growth -44.35 -1.01 -9.32 12.49
    Total Revenue Growth -43.61 -5.86 -11.16 11.04
    Total Expense Growth -31.38 0.10 -7.57 12.08
    Net Profit Growth N/A -39.94 -36.42 10.98

    Annualized
    Cash Cycle 3M/2021  3M/2020  2020  2019 
    A/R Turnover (Times) 5.65 5.57 5.05 5.53
    Avg. Collection Period (Days) 64.56 65.58 72.31 65.97
    Inventory Turnover (Times) 9.35 14.55 9.75 13.54
    Avg. Inventory Period (Days) 39.05 25.09 37.44 26.96
    A/P Turnover (Times) 5.00 4.39 4.34 4.21
    Avg. Payment Period (Days) 73.00 83.16 84.14 86.69
    Cash Cycle (Days) 30.62 7.51 25.61 6.24


    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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