Company Summary
TOA TOA PAINT (THAILAND) PUBLIC COMPANY LIMITED
Property & Construction/Construction Materials
SETTHSI
CG Report:   
 
  Data as of 05 Aug 2021  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
34.75 40.75 / 30.25 30.93 5.79 2,029.00 70,507.75 74,138.59 1,007.97 21.38
News
Date/Time Subject
16 Jul 2021 17:08   Report of the Utilization of Capital Increase from IPO
17 Jun 2021 18:49   Resolution of the Board of Directors' Meeting on the Connected Transaction (Revised)
15 Jun 2021 19:47   Resolution of the Board of Directors' Meeting on the Connected Transaction
24 May 2021 17:05   Disclosure of the Q1/2021 Analyst Meeting Presentation on the Company's Website
13 May 2021 18:47   Financial Statement Quarter 1/2021 (Reviewed)
more

Company Profile
Address 31/2 Moo 3, Bangna-Trad Road, Bang Sao Thong Samut Prakarn 10570
Telephone 0-2335-5555
Fax 0-2312-8919
URL www.toagroup.com
  Annual Report 2020
Establish Date 1964 Listed Date 10/10/2017
IPO Price (Baht) 24.00 @Par1.00 Baht
IPO Financial Advisory
  • KASIKORN SECURITIES PUBLIC COMPANY LIMITED
  • BUALUANG SECURITIES PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    The company manufactures and distributes paint and coating products for end users. The main products are classified into 2 categories:1. Decorative Paint and Coating Products 2. Non-Decorative Paint and Coating Products such as construction chemical products, heavy duty coating products, and other non-decorative paint products

    Free Float 15 Mar 2021 01 Jul 2020
    % /Shareholders
    25.02% 6,739 25.02% 3,996
    Foreign Shareholders 8.19% (As of 05/08/2021) Foreign Limit 49.00%
    NVDR Shareholders  1.21% (As of 05/08/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -0.71 -1.48 -0.06
    20 Days 6.92 8.83 10.54
    60 Days 2.96 11.30 4.42
    120 Days 8.59 -5.38 6.39
    YTD 3.73 -9.06 -1.59
    P/E (X) 30.93 13.28 28.82
    P/BV (X) 5.79 1.63 1.68
    Turnover Ratio (%) 0.10 0.48 1.85

    Top 10 Major Shareholders(@06 May 2021) Share %
    1. TOA GROUP HOLDING CO., LTD. 608,400,000 29.99
    2. นาย วนรัชต์ ตั้งคารวคุณ 182,600,000 9.00
    3. นาย ณัฏฐวุฒิ ตั้งคารวคุณ 182,600,000 9.00
    4. นาง บุศทรี หวั่งหลี 182,600,000 9.00
    5. นาย จตุภัทร์ ตั้งคารวคุณ 182,600,000 9.00
    6. นาย ประจักษ์ ตั้งคารวคุณ 91,300,000 4.50
    7. นาง ละออ ตั้งคารวคุณ 91,300,000 4.50
    8. MORGAN STANLEY & CO. INTERNATIONAL PLC 75,300,000 3.71
    9. กองทุนเปิด บัวหลวงหุ้นระยะยาว 50,983,900 2.51
    10. กองทุนเปิด บัวหลวงทศพล 34,138,500 1.68

    Management Position
    1. Mr. PRACHAK TANGKARAVAKOON CHAIRMAN
    2. Mr. JATUPHAT TANGKARAVAKOON CHAIRMAN OF THE EXECUTIVE COMMITTEE / CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mrs. LA-OR TANGKARAVAKOON VICE CHAIRMAN
    4. Mr. VONNARAT TANGKARAVAKOON DIRECTOR
    5. Mr. NATTAVUTH TANGKARAVAKOON DIRECTOR
    6. Mrs. BUSATREE WANGLEE DIRECTOR
    7. MRS. PRISANA PRAHARNKHASUK INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    8. Mrs. CHANATIP WEERASUBPONG INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. VEERASAK KOSITPAISAL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    05 Aug 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 2,029.00  2,029.00  2,029.00 
    Market Cap (MB.) 70,507.75  67,971.50  79,638.25 
    Price (B./share) 34.75  33.50  39.25 
    BVPS (B./Share) 6.00  5.44  5.02 
    P/BV (X) 5.79  6.16  7.82 
    P/E (X) 30.93  33.22  38.07 
    Turnover Ratio (%) 24.06  28.77  25.52 
    Value Trade/Day (MB.) 116.60  85.50  80.02 
    Beta 0.76  0.75  0.88 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 3.73  -14.65  18.94 
    Dividend Yield (%) 1.53  1.49  0.99 
    Payout Ratio 0.47  0.54  0.40 
    Dividend Policy Not less than 40% of the Company?s separate net profits after deducting corporate income tax and other reserve funds as required by law and as determined by the Company (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jul 2020 - 31 Dec 2020 0.26 Baht 21 May 2021 Cash
    01 Jan 2020 - 30 Jun 2020 0.27 Baht 11 Sep 2020 Cash
    01 Jul 2019 - 31 Dec 2019 0.27 Baht 23 Apr 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.23 Baht 12 Sep 2019 Cash
    01 Jul 2018 - 31 Dec 2018 0.18 Baht 17 May 2019 Cash
    01 Jan 2018 - 30 Jun 2018 0.21 Baht 13 Sep 2018 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MR. PAIBOON TUNKOON/PRICEWATERHOUSE COOPERS ABAS LIMITED
    MISS NOPANUCH APICHATSATIEN/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Ms. SANICHA AKARAKITTILAP/PRICEWATERHOUSE COOPERS ABAS LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    3M/2020 
    (01/01/20 
    -31/03/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Cash And Cash Equivalents 2,497.31 2,821.52 2,419.78 1,590.85 1,866.64
    A/R Net 3,254.96 2,984.32 2,912.60 3,037.38 3,068.61
    Inventories 2,226.80 2,219.51 2,162.99 2,212.08 2,395.62
    Current Assets 13,672.90 12,575.39 11,986.51 12,334.30 12,032.84
    PP&E Net 2,755.08 2,778.80 2,691.05 2,756.60 2,295.17
    Non-Current Assets 4,635.20 4,555.43 4,499.78 3,372.39 2,903.09
    Total Assets 18,308.10 17,130.82 16,486.29 15,706.68 14,935.92
    OD 338.03 480.00 200.00 575.00 985.00
    A/P Net 3,638.18 4,037.57 2,975.25 3,752.32 3,986.97
    Current portion of LT 3.38 - - - -
    Current Liabilities 4,721.82 5,175.74 3,689.98 4,674.04 5,244.99
    Non-Current Liabilities 1,372.16 1,455.67 1,390.89 419.16 326.87
    Total Liabilities 6,093.99 6,631.41 5,080.88 5,093.20 5,571.86
    Authorized Capital 2,029.00 2,029.00 2,029.00 - 2,029.00
    Paid-Up Capital 2,029.00 2,029.00 2,029.00 2,029.00 2,029.00
    Premium (Discount) on Share Capital 5,761.53 5,761.53 5,761.53 5,761.53 5,761.53
    Retained Earnings (Deficit) 5,184.70 3,460.58 4,514.44 3,647.37 2,316.78
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -795.28 -732.39 -890.86 -748.92 -687.74
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 12,179.96 10,518.72 11,414.11 10,688.98 9,419.57
    Minority Interest 34.16 -19.31 -8.70 -75.50 -55.51
    more
    Statement of Comprehensive Income (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    3M/2020 
    (01/01/20 
    -31/03/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Revenue From Operations 4,422.31 4,100.94 16,296.00 16,978.30 16,346.59
    Other Income 29.47 26.67 127.47 102.19 92.87
    Total Revenues 4,456.28 4,131.14 16,438.20 17,092.55 16,454.26
    Costs 2,809.62 2,550.12 10,286.87 11,026.14 10,798.31
    Selling And Administrative Expenses 829.64 897.77 3,510.06 3,361.86 3,360.55
    Total Cost And Expenses 3,639.26 3,581.67 13,832.17 14,388.00 14,158.86
    EBITDA 1,007.97 731.59 3,191.46 3,098.59 2,637.07
    Depre. & Amor. 136.14 133.72 557.48 368.88 341.66
    EBIT 871.83 597.87 2,633.98 2,729.71 2,295.41
    Net Profit : Owners Of The Parent 670.26 421.56 2,031.16 2,162.48 1,824.88
    EPS (B.) 0.33 0.21 1.00 1.07 0.90
    more
    Statement of Cash Flow (MB.) 3M/2021 
    (01/01/21 
    -31/03/21) 
    3M/2020 
    (01/01/20 
    -31/03/20) 
    2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    Operating Cash Flow 1,315.59 665.23 1,969.45 2,429.92 1,997.93
    Investing Cash Flow -1,290.91 649.72 561.02 -1,392.65 -829.36
    Financing Cash Flow 20.00 -165.97 -1,682.66 -1,260.56 -1,120.72
    Net Cash Flow 44.68 1,148.99 847.81 -223.30 47.85
    more
    Annualized: ROE, ROA
    Ratios 3M/2021  3M/2020  2020  2019 
    Current Ratio (X) 2.90 2.43 3.25 2.64
    ROE (%) 20.09 18.98 18.38 21.51
    ROA (%) 16.41 15.42 16.36 17.82
    D/E (X) 0.50 0.63 0.45 0.48
    Total Asset Turnover (X) 0.95 1.03 1.02 1.12
    Gross Profit Margin (%) 36.47 37.82 36.87 35.06
    EBIT Margin (%) 19.56 14.47 16.02 15.97
    Net Profit Margin (%) 14.84 10.13 12.32 12.53

    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 7.84 -5.38 -4.02 3.86
    COGs Growth 10.18 -8.62 -6.70 2.11
    Total Revenue Growth 7.87 -6.02 -3.83 3.88
    Total Expense Growth 1.61 -0.03 -3.86 1.62
    Net Profit Growth 59.00 -33.48 -6.07 18.50

    Annualized
    Cash Cycle 3M/2021  3M/2020  2020  2019 
    A/R Turnover (Times) 5.33 5.34 5.48 5.56
    Avg. Collection Period (Days) 68.52 68.42 66.63 65.63
    Inventory Turnover (Times) 4.74 4.82 4.70 4.79
    Avg. Inventory Period (Days) 76.94 75.66 77.62 76.26
    A/P Turnover (Times) 2.75 2.77 3.06 2.85
    Avg. Payment Period (Days) 132.83 131.80 119.35 128.10
    Cash Cycle (Days) 12.64 12.28 24.90 13.80


    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.
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