Company Summary
TPA THAI POLY ACRYLIC PUBLIC COMPANY LIMITED
Industrials/Petrochemicals & Chemicals
SET
CG Report:   
 
  Data as of 11 Jun 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
6.90 7.50 / 4.48 15.21 1.60 121.50 838.35 977.36 20.04 10.60
News
Date/Time Subject
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)
14 May 2021 17:19   Financial Statement Quarter 1/2021 (Reviewed)
05 May 2021 17:20   Disclosure of the Minutes of the Annual General Meeting of Shareholders 2021 on the Company's website
22 Apr 2021 17:50   Shareholders meeting's resolution No.37
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 43.77% (As of 11/06/2021) Foreign Limit 100.00%
    NVDR Shareholders  0.23% (As of 11/06/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.47 5.61 -0.08
    20 Days 0.73 12.03 -2.82
    60 Days 8.66 15.96 4.58
    120 Days 27.78 13.33 15.76
    YTD 26.61 14.07 12.12
    P/E (X) 15.21 18.71 31.19
    P/BV (X) 1.60 1.24 1.79
    Turnover Ratio (%) 0.06 0.34 1.85

    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
    11 Jun 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 121.50  121.50  121.50 
    Market Cap (MB.) 838.35  662.17  662.17 
    Price (B./share) 6.90  5.45  5.45 
    BVPS (B./Share) 4.30  4.07  4.06 
    P/BV (X) 1.60  1.34  1.34 
    P/E (X) 15.21  11.13  129.41 
    Turnover Ratio (%) 10.10  2.04  1.66 
    Value Trade/Day (MB.) 0.79  0.05  0.05 
    Beta 0.11  0.12  0.08 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 26.61  0.00  -16.15 
    Dividend Yield (%) 6.52  8.26  8.26 
    Payout Ratio 0.99  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.) 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 186.24 185.25 142.25 162.74 198.40
    A/R Net 232.50 211.95 296.77 224.82 285.79
    Inventories 122.93 104.61 122.98 96.90 114.78
    Current Assets 587.68 509.87 609.18 491.05 611.42
    PP&E Net 249.45 253.05 250.21 252.47 265.18
    Non-Current Assets 260.16 261.30 259.96 260.20 278.12
    Total Assets 847.85 771.18 869.14 751.25 889.54
    OD - - - - -
    A/P Net 256.87 194.80 294.00 200.89 321.17
    Current portion of LT - - - - -
    Current Liabilities 279.33 206.15 312.80 203.64 328.77
    Non-Current Liabilities 45.92 41.87 45.39 38.90 27.12
    Total Liabilities 325.25 248.03 358.19 242.54 355.89
    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) 167.75 168.30 156.10 153.86 178.81
    Treasury Stock - - - - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity - - - - -
     - Surplus (Deficits) - - - - -
    Shareholders' Equity 522.60 523.15 510.95 508.71 533.65
    Minority Interest - - - - -
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    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 242.27 197.61 930.79 935.71 1,148.50
    Other Income 3.99 1.17 5.81 10.11 18.96
    Total Revenues 246.26 198.78 936.60 945.82 1,167.46
    Costs 199.93 155.61 728.50 786.88 1,097.35
    Selling And Administrative Expenses 31.78 28.15 131.26 117.61 119.30
    Total Cost And Expenses 231.72 183.75 863.60 904.50 1,216.65
    EBITDA 20.04 23.62 95.74 62.27 -28.30
    Depre. & Amor. 5.50 5.60 22.74 20.95 20.88
    EBIT 14.54 18.02 73.00 41.32 -49.18
    Net Profit : Owners Of The Parent 11.65 14.44 57.91 33.05 -39.06
    EPS (B.) 0.10 0.12 0.48 0.27 -0.32
    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 52.67 25.49 82.94 33.65 -69.16
    Investing Cash Flow -8.28 -2.34 -46.07 -13.24 -9.58
    Financing Cash Flow -0.39 -0.31 -57.62 -56.07 -37.29
    Net Cash Flow 43.99 22.84 -20.74 -35.66 -116.02
    more
    Annualized: ROE, ROA
    Ratios 3M/2021  3M/2020  2020  2019 
    Current Ratio (X) 2.10 2.47 1.95 2.41
    ROE (%) 10.54 9.44 11.36 6.34
    ROA (%) 8.59 7.75 9.01 5.04
    D/E (X) 0.62 0.47 0.70 0.48
    Total Asset Turnover (X) 1.22 1.13 1.16 1.15
    Gross Profit Margin (%) 17.48 21.26 21.73 15.91
    EBIT Margin (%) 5.90 9.07 7.79 4.37
    Net Profit Margin (%) 4.73 7.26 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 (%) 3M/2021  3M/2020  2020  2019 
    Sales Growth 22.60 -16.60 -0.53 -18.53
    COGs Growth 28.49 -27.60 -7.42 -28.29
    Total Revenue Growth 23.89 -17.25 -0.97 -18.99
    Total Expense Growth 26.10 -24.41 -4.52 -25.66
    Net Profit Growth -19.31 N/A 75.23 N/A

    Annualized
    Cash Cycle 3M/2021  3M/2020  2020  2019 
    A/R Turnover (Times) 4.39 3.86 3.57 3.67
    Avg. Collection Period (Days) 83.15 94.64 102.27 99.59
    Inventory Turnover (Times) 6.79 6.32 6.63 7.43
    Avg. Inventory Period (Days) 53.73 57.72 55.08 49.09
    A/P Turnover (Times) 3.42 3.11 2.94 3.01
    Avg. Payment Period (Days) 106.66 117.49 123.98 121.08
    Cash Cycle (Days) 30.23 34.88 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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