Company Summary
TPCH TPC POWER HOLDING PUBLIC COMPANY LIMITED
Resources
mai
CG Report:   
 
  Data as of 10 Aug 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
13.00 14.50 / 7.25 14.57 1.78 401.20 5,215.60 10,744.95 401.44 13.20
News
Date/Time Subject
07 Aug 2020 09:22   Approval of the company's consolidated financial statements and interim dividend payments
07 Aug 2020 08:49   Approval of the company's consolidated financial statements and interim dividend payments
07 Aug 2020 08:47   Financial Statement Quarter 2/2020 (Reviewed)
07 Aug 2020 08:47   Financial Performance Quarter 2 (F45) (Reviewed)
07 Aug 2020 08:47   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2020
more

Company Profile
Address 4/2 Soi Prasert-Manukitch 29 Yak 8 Prasert-Manukitch Rd. Chorakhebua, Ladprao District Bangkok 10230
Telephone 0-2943-2935-6
Fax -
URL http://www.tpcpower.co.th
Establish Date 26/12/2012 Listed Date 08/01/2015
IPO Price (Baht) 12.75 @Par1.00 Baht
IPO Financial Advisory
  • TRINITY SECURITIES COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    TPCH is a holding company which invests in companies generating and distributing electricity from Renewable Energy. The Company invests in Chang Raek Biopower Company Limited which generates and distributes electricity from Biomass Energy.

    Free Float 01 Jun 2020 14 Mar 2019
    % /Shareholders
    57.44% 6,453 57.43% 5,908
    Foreign Shareholders 0.87% (As of 10/08/2020) Foreign Limit 49.00%
    NVDR Shareholders  4.24% (As of 10/08/2020)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Industry (%) Compare to Market (%)
    5 Days -2.99 -2.74 -5.39
    20 Days 4.00 8.75 0.42
    60 Days 22.64 6.81 -0.70
    120 Days 5.69 25.49 2.46
    YTD 4.00 29.47 2.71
    P/E (X) 14.57 6.30 24.02
    P/BV (X) 1.78 0.90 1.55
    Turnover Ratio (%) 0.34 0.06 0.25

    Top 10 Major Shareholders(@01 Jun 2020) Share %
    1. บริษัท THAI POLYCONS PUBLIC COMPANY LIMITED 165,549,960 41.26
    2. บริษัท Thai NVDR Company Limited 15,864,201 3.95
    3. นาย ANAN RAVEESANGSOON 15,400,000 3.84
    4. MRS. LUKSUNEE HATHAIVITTAVAS 6,191,200 1.54
    5. นาย ปรีชา เล็กวงษ์เดิม 4,504,200 1.12
    6. นาย พรชัย อร่ามวิทย์ 4,050,000 1.01
    7. บริษัทหลักทรัพย์ ทรีนีตี้ จำกัด 4,040,000 1.01
    8. นาย ไชยณรงค์ จันทร์พลังศรี 4,000,000 1.00
    9. บริษัท เมืองไทยประกันชีวิต จำกัด (มหาชน) 3,440,000 0.86
    10. นาย PAISARN SUWATIKA 3,340,500 0.83

    Management Position
    1. Mr. THANU KULACHOL CHAIRMAN OF BOARD OF DIRECTORS / INDEPENDENT DIRECTOR
    2. Mrs. KANOKTIP CHANPALANGSRI CHAIRMAN OF THE EXECUTIVE BOARD OF DIRECTORS / DIRECTOR
    3. Mr. CHERDSAK WATTANAVIJITKUL MANAGING DIRECTOR / DIRECTOR
    4. Mr. CHAINARONG CHANPALANGSRI DIRECTOR
    5. Mr. PATHOMPOL SAOSAP DIRECTOR
    6. Mr. POL KONGSUE DIRECTOR
    7. Mrs. BOONTIPA SIMASKUL INDEPENDENT DIRECTOR / CHAIRMAN OF AUDIT COMMITTEE
    8. Mr. THANWA THEERAVITAVALERT INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    9. Mr. NORCHAI SRIPIMOL INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    10 Aug 2020
    2019
    30 Dec 2019
    2018
    28 Dec 2018
    Listed share (M.) 401.20  401.20  401.20 
    Market Cap (MB.) 5,215.60  5,015.00  3,610.80 
    Price (B./share) 13.00  12.50  9.00 
    BVPS (B./Share) 7.30  6.78  6.01 
    P/BV (X) 1.78  1.84  1.50 
    P/E (X) 14.57  13.64  10.59 
    Turnover Ratio (%) 52.72  95.72  84.24 
    Value Trade/Day (MB.) 16.77  18.92  15.52 
    Beta 1.24  1.31  1.35 
     
    Rate of Return YTD  2019  2018 
    Price Change (%) 4.00  38.89  -37.50 
    Dividend Yield (%) 1.59  0.50  0.63 
    Payout Ratio 0.23  0.16  0.07 
    Dividend Policy Least 40% of its after-tax net profit on a separate financial statement of the Company, subsidiaries, and jointly controlled entities after deducting for legal reserves (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jul 2019 - 31 Dec 2019 0.123 Baht 20 May 2020 Cash
    01 Jan 2019 - 30 Jun 2019 0.084 Baht 05 Sep 2019 Cash
    01 Jan 2018 - 31 Dec 2018 0.0623 Baht 24 May 2019 Cash
    01 Jan 2017 - 31 Dec 2017 0.0563 Baht 24 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MISS SOMJINTANA PHOLHIRUNRAT/D I A INTERNATIONAL AUDIT CO.,LTD.
    MR. NOPPAROEK PISSANUWONG/D I A INTERNATIONAL AUDIT CO.,LTD.
    MISS SUPHAPHORN MANGJIT/D I A INTERNATIONAL AUDIT CO.,LTD.
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Cash 54.57 192.30 64.52 86.40 157.61
    A/R Net 335.49 299.18 309.40 300.52 227.49
    Inventories 27.22 8.65 11.69 4.60 -
    Current Assets 1,004.46 1,013.34 1,095.33 1,099.28 834.72
    PP&E Net 6,859.30 5,102.10 6,071.40 4,232.50 3,697.81
    Total Assets 8,513.74 6,925.53 7,821.51 5,950.58 5,142.62
    OD 198.42 - 202.22 - -
    A/P Net 110.14 118.91 110.76 96.25 102.37
    Current portion of LT 523.34 330.92 548.60 332.03 284.06
    Current Liabilities 1,212.69 816.71 1,078.59 816.33 658.14
    Non-Current Liabilities 3,408.84 2,606.53 3,035.69 1,865.78 1,730.41
    Total Liabilities 4,621.53 3,423.24 4,114.28 2,682.10 2,388.55
    Authorized Capital 401.20 401.20 401.20 401.20 401.20
    Paid-Up Capital 401.20 401.20 401.20 401.20 401.20
    Premium (Discount) on Share Capital 1,254.31 1,254.31 1,254.31 1,254.31 1,254.31
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) 1,241.88 969.22 1,112.66 813.91 481.85
    Treasury Stock - - - - -
    Shareholders' Equity 2,929.82 2,661.75 2,801.22 2,503.15 2,171.09
    Minority Interest 962.39 840.54 906.01 765.33 582.98
    more
    Statement of Comprehensive Income (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Sales 832.41 804.87 1,642.02 1,560.12 1,092.68
    Other Income 14.09 16.52 27.13 9.84 14.37
    Total Revenues 846.50 821.38 1,669.15 1,576.39 1,121.47
    COGs 468.66 441.33 891.14 823.82 585.27
    SG&A 63.38 55.52 122.45 109.79 84.81
    Total Expenses 532.04 498.01 1,014.75 933.61 730.97
    EBITDA 401.44 402.98 815.59 794.48 491.27
    Depre. & Amor. 86.98 79.60 161.19 151.69 100.77
    EBIT 314.46 323.37 654.40 642.79 390.50
    Net Profit 178.65 180.30 359.51 353.90 208.11
    EPS (B.) 0.45 0.45 0.90 0.88 0.52
    more
    Statement of Cash Flow (MB.) 6M/2020 
    (01/01/20 
    -30/06/20) 
    6M/2019 
    (01/01/19 
    -30/06/19) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 443.63 514.11 673.67 721.15 679.59
    Investing Cash Flow -696.80 -1,017.07 -1,997.88 -936.64 -991.33
    Financing Cash Flow 243.23 608.87 1,302.34 144.28 265.98
    Net Cash Flow -9.95 105.90 -21.88 -71.21 -45.76
    more
    Annualized: ROE, ROA
    Ratios 6M/2020  6M/2019  2019  2018 
    Current Ratio (X) 0.83 1.24 1.02 1.35
    ROE (%) 12.80 14.55 13.56 15.14
    ROA (%) 8.36 10.74 9.50 11.59
    D/E (X) 1.58 1.29 1.47 1.07
    Total Asset Turnover (X) 0.22 0.27 0.24 0.28
    Gross Profit Margin (%) 43.70 45.17 45.73 47.20
    EBIT Margin (%) 37.15 39.37 39.21 40.78
    Net Profit Margin (%) 21.10 21.95 21.54 22.45

    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/2020  6M/2019  2019  2018 
    Sales Growth 3.42 9.07 5.25 42.78
    COGs Growth 6.19 12.25 8.17 40.76
    Total Revenue Growth 3.06 10.30 5.88 40.57
    Total Expense Growth 6.83 12.96 8.69 27.72
    Net Profit Growth -0.91 5.04 1.59 70.06

    Annualized
    Cash Cycle 6M/2020  6M/2019  2019  2018 
    A/R Turnover (Times) 5.26 5.56 5.38 5.91
    Avg. Collection Period (Days) 69.38 65.70 67.79 61.77
    Inventory Turnover (Times) 51.21 97.82 109.45 358.53
    Avg. Inventory Period (Days) 7.13 3.73 3.33 1.02
    A/P Turnover (Times) 8.02 7.71 8.61 8.30
    Avg. Payment Period (Days) 45.51 47.34 42.40 44.00
    Cash Cycle (Days) 30.99 22.09 28.73 18.78


    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.
    Source: www.set.or.th (Copyright © The Stock Exchange of Thailand)
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