Company Summary
TNR THAI NIPPON RUBBER INDUSTRY PUBLIC COMPANY LIMITED
Consumer Products/Personal Products & Pharmaceuticals
sSET
CG Report:   
 
  Data as of 07 Dec 2018  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
10.30 19.60 / 10.10 13.27 2.71 300.00 3,090.00 3,938.96 314.03 11.44
News
Date/Time Subject
13 Nov 2018 18:20   To Submit Interim Financial Information and Clarification of the Operating Result for the 3rd Quarter Ended 30 September 2018
13 Nov 2018 18:19   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2018
13 Nov 2018 18:16   Reviewed Quarter 3 and Consolidated F/S (F45-3)
13 Nov 2018 18:12   Financial Statement Quarter 3/2018 (Reviewed)
11 Oct 2018 19:33   Payment of additional share purchase price for the acquisition of shares in Box Asia Group International Co., Ltd.
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Company Profile
Address 1 Charoenrat Road, Thung Wat Don, Sathon Bangkok 10120
Telephone 0-2210-8888
Fax 0-2210-8821
URL www.tnrcondom.com
Establish Date 1993 Listed Date 29/11/2016
IPO Price (Baht) 16.00 @Par1.00 Baht
IPO Financial Advisory
  • KASIKORN SECURITIES PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    The Company's business can be classified into three business units as follows: 1) Manufacture and sell condoms and lubricants under company's trademark 2) Original Equipment Manufacturer (OEM) of condoms and lubricants (OEM) 3) Tender business (Tender)

    Free Float 07 Mar 2018 14 Mar 2017
    % /Shareholders
    24.95% 1,698 24.99% 2,187
    Foreign Shareholders 13.76% (As of 07/12/2018) Foreign Limit 49.00%
    NVDR Shareholders  0.11% (As of 07/12/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days - 3.26 -0.82
    20 Days -19.53 -9.84 -18.30
    60 Days -25.36 5.07 -23.58
    120 Days -30.87 22.06 -27.39
    YTD -42.78 22.04 -39.18
    P/E (X) 13.27 16.46 15.62
    P/BV (X) 2.71 1.54 1.87
    Turnover Ratio (%) 0.02 0.10 0.55

    Top 10 Major Shareholders(@15 Aug 2018) Share %
    1. บริษัท เจริญอักษร โฮลดิ้ง กรุ๊พ จำกัด 78,750,000 26.25
    2. THK INVESTMENT COMPANY LIMITED 41,250,000 13.75
    3. น.ส. ศิรินันท์ ดารารัตนโรจน์ 26,963,100 8.99
    4. นาย อมร ดารารัตนโรจน์ 26,250,000 8.75
    5. นาย สุรพล ดารารัตนโรจน์ 26,250,000 8.75
    6. นาย สมศักดิ์ ดารารัตนโรจน์ 26,250,000 8.75
    7. กองทุนเปิด บัวหลวงหุ้นระยะยาว 8,034,900 2.68
    8. กองทุนเปิด บัวหลวงปัจจัย 4 หุ้นระยะยาวปันผล 6,663,900 2.22
    9. กองทุนเปิด บัวหลวงปัจจัย 4 3,386,700 1.13
    10. นาง จารุณี ชินวงศ์วรกุล 3,151,000 1.05

    Management Position
    1. Mr. MECHAI VIRAVAIDYA CHAIRMAN OF THE BOARD OF DIRECTORS / INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    2. Mr. AMORN DARARATTANAROJ CHIEF EXECUTIVE OFFICER / VICE PRESIDENT
    3. Mr. SOMSAK DARARATTANAROJNA DIRECTOR
    4. Mr. SURAPON DARARATTANAROJ DIRECTOR
    5. Miss SIRINAN DARARATTANAROJNA DIRECTOR
    6. Mr. KOMOL DARARATTANAROJNA DIRECTOR
    7. Mr. SILPACHAI RUKSAPOL DIRECTOR
    8. Mr. SUVIT ARUNANONDCHAI INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. SARAYUT RUEANGSUWAN INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    07 Dec 2018
    2017
    29 Dec 2017
    2016
    30 Dec 2016
    Listed share (M.) 300.00  300.00  300.00 
    Market Cap (MB.) 3,090.00  5,400.00  9,300.00 
    Price (B./share) 10.30  18.00  31.00 
    BVPS (B./Share) 3.80  3.34  N/A 
    P/BV (X) 2.71  5.39 
    P/E (X) 13.27  35.77  39.56 
    Turnover Ratio (%) 10.41  94.98  107.75 
    Value Trade/Day (MB.) 2.14  30.24  400.94 
    Beta 0.43  1.53 
     
    Rate of Return YTD  2017  2016 
    Price Change (%) -42.78  -41.94  93.75 
    Dividend Yield (%) 3.11  0.28  N/A 
    Payout Ratio 0.41  0.10 
    Dividend Policy Not less than 40% of the net profit, under the Company's separated financial statements, and after corporate income tax and allocation of statutory reserves (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2017 - 31 Dec 2017 0.32 Baht 11 May 2018 Cash
    01 Jan 2016 - 31 Dec 2016 0.05 Baht 19 May 2017 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    MR. SUDWIN PANYUWONGKHANTI/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MRS. ANUTAI POOMSURAKUL/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MR. KRIT CHATCHAVALWONG/PRICEWATERHOUSE COOPERS ABAS 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 72.96 136.10 221.91 27.35 8.97
    A/R Net 590.92 447.99 392.45 386.69 376.61
    Inventories 183.06 155.83 113.43 132.53 76.59
    Current Assets 888.37 752.19 738.10 625.43 523.19
    PP&E Net 682.04 511.53 496.96 553.08 607.68
    Total Assets 2,062.71 1,288.28 1,261.63 1,200.05 1,147.60
    OD 83.99 7.23 - 101.25 270.20
    A/P Net 432.19 212.66 183.81 103.64 122.21
    Current portion of LT 77.79 15.80 13.56 27.53 49.20
    Current Liabilities 598.30 238.52 204.19 240.61 449.11
    Non-Current Liabilities 323.62 47.46 47.10 57.01 79.13
    Total Liabilities 921.92 285.97 251.29 297.62 528.24
    Authorized Capital 300.00 300.00 300.00 300.00 192.00
    Paid-Up Capital 300.00 300.00 300.00 300.00 192.00
    Premium (Discount) on Share Capital 549.08 549.08 549.08 549.08 -
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 291.98 155.21 161.53 55.33 427.36
    Treasury Stock - - - - -
    Shareholders' Equity 1,140.80 1,002.31 1,010.35 902.43 619.36
    Minority Interest - - - - -
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    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) 
    Sales 1,077.50 933.68 1,293.93 1,203.02 1,302.17
    Other Income 188.17 15.35 17.80 24.00 37.71
    Total Revenues 1,265.67 949.02 1,311.73 1,227.02 1,339.88
    COGs 840.48 700.40 999.19 855.86 897.80
    SG&A 183.45 135.91 193.02 153.10 150.92
    Total Expenses 1,032.47 836.31 1,192.21 1,008.96 1,048.72
    EBITDA 314.03 183.65 214.06 317.47 391.65
    Depre. & Amor. 80.83 70.94 94.54 99.41 100.49
    EBIT 233.20 112.71 119.52 218.06 291.17
    Net Profit 226.45 114.87 121.19 194.15 233.97
    EPS (B.) 0.75 0.38 0.40 0.84 121.86
    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 -53.29 270.05 376.31 222.95 331.83
    Investing Cash Flow -387.65 -33.93 -41.31 -56.03 8.75
    Financing Cash Flow 285.00 -133.96 -139.80 -138.99 -344.90
    Net Cash Flow -155.94 102.17 195.21 27.93 -4.32
    more
    Annualized: ROE, ROA
    Ratios 9M/2018  9M/2017  2017  2016 
    Current Ratio (X) 1.48 3.15 3.61 2.60
    ROE (%) 21.72 21.58 12.67 25.52
    ROA (%) 14.32 12.36 9.71 18.58
    D/E (X) 0.81 0.29 0.25 0.33
    Total Asset Turnover (X) 0.97 0.93 1.07 1.05
    Gross Profit Margin (%) 22.00 24.98 22.78 28.86
    EBIT Margin (%) 18.43 11.88 9.11 17.77
    Net Profit Margin (%) 17.89 12.10 9.24 15.82

    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 
    Sales Growth 15.40 N/A 7.56 N/A
    COGs Growth 20.00 N/A 16.75 N/A
    Total Revenue Growth 33.37 N/A 6.90 N/A
    Total Expense Growth 23.45 N/A 18.16 N/A
    Net Profit Growth 97.13 N/A -37.58 N/A

    Annualized
    Cash Cycle 9M/2018  9M/2017  2017  2016 
    A/R Turnover (Times) 2.77 2.89 3.32 3.15
    Avg. Collection Period (Days) 131.87 126.31 109.89 115.79
    Inventory Turnover (Times) 6.72 6.86 8.12 8.19
    Avg. Inventory Period (Days) 54.29 53.21 44.93 44.59
    A/P Turnover (Times) 3.53 4.50 6.95 7.58
    Avg. Payment Period (Days) 103.30 81.05 52.50 48.16
    Cash Cycle (Days) 82.86 98.48 102.32 112.22


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

    Market Alert (Latest)
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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.