Company Summary
TPA THAI POLY ACRYLIC PUBLIC COMPANY LIMITED
Industrials/Petrochemicals & Chemicals
SET
CG Report:   
 
  Data as of 27 Sep 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
6.70 7.50 / 4.98 15.23 1.72 121.50 814.05 992.28 33.50 11.13
News
Date/Time Subject
11 Aug 2021 17:57   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2021
11 Aug 2021 17:56   Financial Performance Quarter 2 (F45) (Reviewed)
11 Aug 2021 17:54   Financial Statement Quarter 2/2021 (Reviewed)
14 May 2021 17:22   Management Discussion and Analysis Quarter 1 Ending 31 Mar 2021
14 May 2021 17:21   Financial Performance Quarter 1 (F45) (Reviewed)
more

Company Profile
Address 60-61 MOO 9, BHUDDHAMONTHON 4 ROAD, SAM PHRAN, Nakorn Phathom 73220
Telephone 0-2429-2020, 0-2429-2487-8, 0-2889-8720-5
Fax 0-2429-2541, 0-2429-2534, 0-2888-5951
URL http://www.thaipolyacrylic.com
  Annual Report 2020
Establish Date 9/09/1985 Listed Date 28/12/1994
IPO Price (Baht) 66.00 @Par10.00 Baht
IPO Financial Advisory
  • MEC FAR EAST INTERNATIONAL PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change Old 10.00 : New 1.00 @ 17/05/2013

    Business
    Thai Poly Acrylic PLC. or referred as a listed company in SET as "TPA" is one of the leading cast acrylic sheet and other extruded plastic sheet producer in Thailand

    Free Float 11 Mar 2021 08 Jul 2020
    % /Shareholders
    23.55% 891 23.55% 837
    Foreign Shareholders 44.77% (As of 27/09/2021) Foreign Limit 100.00%
    NVDR Shareholders  0.22% (As of 27/09/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -0.74 -1.76 -0.40
    20 Days -0.74 -2.09 -1.28
    60 Days -2.19 -7.21 -4.44
    120 Days -1.47 -0.85 -4.22
    YTD 22.94 8.47 9.98
    P/E (X) 15.23 9.25 20.70
    P/BV (X) 1.72 1.19 1.74
    Turnover Ratio (%) N/A 0.41 2.31

    Top 10 Major Shareholders(@06 May 2021) Share %
    1. LUCITE INTERNATIONAL UK OVERSEAS HOLDCO1 LIMITED 51,374,360 42.28
    2. บริษัท เอเชียติ๊ก อะคริลิค จำกัด 41,450,530 34.12
    3. นาย ทนงศักดิ์ ลิ้มไชยาวัฒน์ 2,200,000 1.81
    4. นาง อรุณศรี เจียรเดโช 1,930,000 1.59
    5. นาย SURIN LIMCHAIYAWAT 1,560,000 1.28
    6. นาย เกษมศักดิ์ ลิ้มไชยาวัฒน์ 1,036,200 0.85
    7. นาย SARAVUTH LIMCHAIYAWAT 1,032,500 0.85
    8. น.ส. จงกล งามเลิศชัย 1,022,400 0.84
    9. นาย SOMCHAI LIMCHAIYAWAT 987,000 0.81
    10. MISS SUPATTRA PRAIROHPRASERT 881,100 0.73

    Management Position
    1. Mr. BENJAMIN JAMES HARRIS CHAIRMAN OF THE BOARD OF DIRECTORS
    2. Mr. RAKCHAI SAKULTEERA MANAGING DIRECTOR / DIRECTOR
    3. Mr. ADAM JONATHAN SLOAN DIRECTOR
    4. Mr. DAI OYAMA DIRECTOR
    5. Mr. MARTIN THAYSEN DIRECTOR
    6. Mr. SHINYA YANO DIRECTOR
    7. Mr. ANUPHAN KITNITCHIVA INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    8. Mr. JAN DAM PEDERSEN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. JETSADA WONGWATANASIN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    27 Sep 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 121.50  121.50  121.50 
    Market Cap (MB.) 814.05  662.17  662.17 
    Price (B./share) 6.70  5.45  5.45 
    BVPS (B./Share) 3.90  4.07  4.06 
    P/BV (X) 1.72  1.34  1.34 
    P/E (X) 15.23  11.13  129.41 
    Turnover Ratio (%) 11.45  2.04  1.66 
    Value Trade/Day (MB.) 0.53  0.05  0.05 
    Beta 0.19  0.12  0.08 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 22.94  0.00  -16.15 
    Dividend Yield (%) 6.72  8.26  8.26 
    Payout Ratio 1.02  0.92  10.69 
    Dividend Policy The Company works to pay stable dividends in the medium-term, while managing retained earnings to fund its future business activities

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    - 0.45 Baht 20 May 2021 Cash
    - 0.45 Baht 30 Apr 2020 Cash
    - 0.45 Baht 21 May 2019 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MISS SIRIRAT SRICHAROENSUP/EY OFFICE LIMITED
    MR. PREECHA ARUNNARA/EY OFFICE LIMITED
    Miss ISARAPORN WISUTTHIYAN/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) 
    Cash And Cash Equivalents 120.59 152.62 142.25 162.74 198.40
    A/R Net 225.71 197.54 296.77 224.82 285.79
    Inventories 127.00 113.12 122.98 96.90 114.78
    Current Assets 516.77 475.23 609.18 491.05 611.42
    PP&E Net 247.34 252.37 250.21 252.47 265.18
    Non-Current Assets 256.30 261.13 259.96 260.20 278.12
    Total Assets 773.06 736.37 869.14 751.25 889.54
    OD - - - - -
    A/P Net 239.74 201.39 294.00 200.89 321.17
    Current portion of LT - - - - -
    Current Liabilities 251.98 216.04 312.80 203.64 328.77
    Non-Current Liabilities 46.84 43.87 45.39 38.90 27.12
    Total Liabilities 298.82 259.91 358.19 242.54 355.89
    Authorized Capital 121.50 121.50 121.50 121.50 121.50
    Paid-Up Capital 121.50 121.50 121.50 121.50 121.50
    Premium (Discount) on Share Capital 233.35 233.35 233.35 233.35 233.35
    Retained Earnings (Deficit) 119.40 121.61 156.10 153.86 178.81
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity - - - - -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 474.25 476.46 510.95 508.71 533.65
    Minority Interest - - - - -
    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) 
    Revenue From Operations 468.85 376.79 930.79 935.71 1,148.50
    Other Income 7.47 2.72 5.81 10.11 18.96
    Total Revenues 476.33 379.51 936.60 945.82 1,167.46
    Costs 391.68 298.24 728.50 786.88 1,097.35
    Selling And Administrative Expenses 62.23 54.67 131.26 117.61 119.30
    Total Cost And Expenses 453.92 352.91 863.60 904.50 1,216.65
    EBITDA 33.50 40.07 95.74 62.27 -28.30
    Depre. & Amor. 11.09 11.28 22.74 20.95 20.88
    EBIT 22.41 28.78 73.00 41.32 -49.18
    Net Profit : Owners Of The Parent 17.97 22.43 57.91 33.05 -39.06
    EPS (B.) 0.15 0.18 0.48 0.27 -0.32
    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) 
    Operating Cash Flow 44.83 50.59 82.94 33.65 -69.16
    Investing Cash Flow -10.55 -3.91 -46.07 -13.24 -9.58
    Financing Cash Flow -55.46 -56.85 -57.62 -56.07 -37.29
    Net Cash Flow -21.18 -10.16 -20.74 -35.66 -116.02
    more
    Annualized: ROE, ROA
    Ratios 6M/2021  6M/2020  2020  2019 
    Current Ratio (X) 2.05 2.20 1.95 2.41
    ROE (%) 11.25 11.26 11.36 6.34
    ROA (%) 8.83 9.11 9.01 5.04
    D/E (X) 0.63 0.55 0.70 0.48
    Total Asset Turnover (X) 1.37 1.13 1.16 1.15
    Gross Profit Margin (%) 16.46 20.85 21.73 15.91
    EBIT Margin (%) 4.70 7.58 7.79 4.37
    Net Profit Margin (%) 3.77 5.91 6.18 3.49

    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 
    Sales Growth 24.43 -21.22 -0.53 -18.53
    COGs Growth 31.33 -28.76 -7.42 -28.29
    Total Revenue Growth 25.51 -21.55 -0.97 -18.99
    Total Expense Growth 28.62 -26.74 -4.52 -25.66
    Net Profit Growth -19.86 1,299.75 75.23 N/A

    Annualized
    Cash Cycle 6M/2021  6M/2020  2020  2019 
    A/R Turnover (Times) 4.83 3.90 3.57 3.67
    Avg. Collection Period (Days) 75.52 93.63 102.27 99.59
    Inventory Turnover (Times) 6.85 5.74 6.63 7.43
    Avg. Inventory Period (Days) 53.31 63.64 55.08 49.09
    A/P Turnover (Times) 3.73 3.02 2.94 3.01
    Avg. Payment Period (Days) 97.94 121.00 123.98 121.08
    Cash Cycle (Days) 30.89 36.28 33.37 27.60


    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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