Company Summary
TPIPP TPI POLENE POWER PUBLIC COMPANY LIMITED
Resources/Energy & Utilities
SET100
CG Report:   -
 
  Data as of 18 Sep 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
6.65 8.45 / 5.20 19.22 2.26 8,400.00 55,860.00 58,451.24 2,039.80 16.80
News
Date/Time Subject
04 Sep 2018 17:54   Notification of Resolutions of the Extraordinary General Meeting of Shareholders no. 1/2561
04 Sep 2018 17:21   Interim dividend payment from unappropriated retained earnings of the operating performance up to the second quarter ended June 30, 2018.
17 Aug 2018 17:03   Schedule for Commercial Operation Date for the 70MW Coal-RDF fired Power Plant, with an installed capacity of 70MW (under an approved power generation capacity of 40MW).
09 Aug 2018 13:11   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2018
09 Aug 2018 13:10   Reviewed Quarter 2 F/S (F45-1)
more

Company Profile
Address 26/56 Chan Tat Mai Rd., Tungmahamek, Sathorn Bangkok 10120
Telephone 0-2285-5090-9, 0-2213-1039
Fax 0-2213-1035
URL www.tpipolenepower.co.th
  Annual Report 2017
Establish Date 1991 Listed Date 05/04/2017
IPO Price (Baht) 7.00 @Par1.00 Baht
IPO Financial Advisory
  • CIMB THAI BANK PUBLIC COMPANY LIMITED
  • MAYBANK KIM ENG SECURITIES (THAILAND) PUBLIC COMPANY LIMITED
  • TISCO BANK PUBLIC COMPANY LIMITED
  • Par 1.00 Baht
    Last Par Change N/A

    Business
    The Company engages in generation and sales of electricity it's consists of waste heat recovery power plants and RDF-fired power plants. All power plants are located in Kaeng Khoi District, Saraburi Province and The Company also operates petrol and gas stations (NGV)

    Free Float 13 Mar 2018 31 Mar 2017
    % /Shareholders
    28.89% 16,408 29.38% 18,630
    Foreign Shareholders 6.08% (As of 18/09/2018) Foreign Limit 49.00%
    NVDR Shareholders  0.99% (As of 18/09/2018)
    3 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 4.72 -1.22 0.40
    20 Days 9.92 5.24 6.49
    60 Days 2.31 -4.76 -1.49
    120 Days -5.00 -3.98 -1.33
    YTD -18.40 -24.70 -17.97
    P/E (X) 19.22 13.59 17.21
    P/BV (X) 2.26 1.81 1.98
    Turnover Ratio (%) 0.38 0.47 0.66

    Top 10 Major Shareholders(@03 Aug 2018) Share %
    1. บริษัท ทีพีไอ โพลีน จำกัด (มหาชน) 5,899,999,300 70.24
    2. บริษัท ไทยเอ็นวีดีอาร์ จำกัด 100,030,802 1.19
    3. THE BANK OF NEW YORK MELLON 88,451,300 1.05
    4. นาย นเรศ งามอภิชน 83,200,000 0.99
    5. นาย ไพบูลย์ เสรีวิวัฒนา 82,587,500 0.98
    6. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 80,476,144 0.96
    7. บริษัท กรุงเทพประกันชีวิต จำกัด (มหาชน) 67,826,500 0.81
    8. นาย สมพงษ์ ชลคดีดำรงกุล 58,710,000 0.70
    9. N.C.B.TRUST LIMITED-NORGES BANK 11 56,842,000 0.68
    10. HSBC BANK PLC-HSBC GLOBAL INVESTMENT FUNDS ASIA EX JAPAN EQUITY SMALLER COMPANIES 55,053,000 0.66

    Management Position
    1. Mr. PRACHAI LEOPHAIRATANA CHAIRMAN OF THE BOARD
    2. Mr. PRAMUAN LEOPHAIRATANA VICE CHAIRMAN
    3. Mrs. ORAPIN LEOPHAIRATANA VICE CHAIRMAN
    4. Mr. PRAYAD LIEWPHAIRATANA DIRECTOR
    5. Miss PATTRAPAN LEOPAIRUT DIRECTOR
    6. Mr. PAKORN LEOPAIRUT DIRECTOR
    7. Mr. PAKKAPOL LEOPAIRUT DIRECTOR
    8. Mrs. NITAWAN LEOPHAIRATANA DIRECTOR
    9. Miss MALINEE LEOPAIRAT DIRECTOR
    10. Mr. MANU LEOPAIROTE INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    11. Mr. THIRAPHONG VIKITSET INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    12. Mr. ABHIJAI CHANDRASEN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    13. Mr. KHANTACHAI VICHAKKHANA INDEPENDENT DIRECTOR
    14. Mr. VANCHAI MANOSUTHI INDEPENDENT DIRECTOR
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    18 Sep 2018
    2017
    29 Dec 2017
    Listed share (M.) 8,400.00  8,400.00 
    Market Cap (MB.) 55,860.00  68,460.00 
    Price (B./share) 6.65  8.15 
    BVPS (B./Share) 2.95  2.87 
    P/BV (X) 2.26  2.84 
    P/E (X) 19.22  28.50 
    Turnover Ratio (%) 36.56  95.18 
    Value Trade/Day (MB.) 119.62  323.88 
    Beta 1.05  0.67 
     
    Rate of Return YTD  2017 
    Price Change (%) -18.40  16.43 
    Dividend Yield (%) 4.51  N/A 
    Payout Ratio 0.87 
    Dividend Policy Not less than 50.0% of the net profit as recorded in the Company?s separate financial statements after deductions for income tax and legal reserves as required by law and its articles of association (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    - 0.10 Baht 04 Oct 2018 Cash
    - 0.10 Baht 28 Jun 2018 Cash
    01 Jan 2017 - 31 Dec 2017 0.04 Baht 10 May 2018 Cash
    - 0.06 Baht 27 Dec 2017 Cash
    - 0.10 Baht 22 Sep 2017 Cash
    - 0.10 Baht 02 Jun 2017 Cash
     
    Auditor
    (Effective Until 31/12/2018)
    MR. EKKASIT CHUTHAMSATID/KPMG PHOOMCHAI AUDIT LIMITED
    MR. BUNYARIT THANORMCHAROEN/KPMG PHOOMCHAI AUDIT LIMITED
    MR. NATTHAPHONG TANTICHATTANON/KPMG PHOOMCHAI AUDIT LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion
    Financial Data
    Statement of Financial Position (MB.) 6M/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Cash 234.74 1,423.37 456.16 285.86
    A/R Net 1,161.14 719.23 736.99 822.81
    Inventories 873.88 402.97 449.33 392.64
    Current Assets 4,467.30 7,827.55 5,839.55 1,705.34
    PP&E Net 22,966.88 19,350.41 21,503.53 15,459.20
    Total Assets 27,583.42 27,858.16 27,566.91 18,169.35
    OD - - - 28.73
    A/P Net 338.56 151.64 173.25 96.89
    Current portion of LT - - - 165.00
    Current Liabilities 2,596.77 3,302.88 3,164.42 2,824.87
    Non-Current Liabilities 229.21 181.55 188.46 7,023.48
    Total Liabilities 2,825.98 3,484.43 3,352.87 9,848.35
    Authorized Capital 8,400.00 8,400.00 8,400.00 8,400.00
    Paid-Up Capital 8,400.00 8,400.00 8,400.00 5,900.00
    Premium (Discount) on Share Capital 14,580.89 14,580.89 14,580.89 -
    Other Surplus (Deficit) - - - -
    Retained Earnings (Deficit) 1,776.56 1,392.85 1,233.15 2,420.99
    Treasury Stock - - - -
    Shareholders' Equity 24,757.44 24,373.73 24,214.03 8,320.99
    Minority Interest - - - -
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    Statement of Comprehensive Income (MB.) 6M/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Sales 3,229.75 1,385.94 2,853.60 4,368.16
    Other Income 184.77 1,177.64 2,334.55 65.16
    Total Revenues 3,414.52 2,563.58 5,188.15 4,433.32
    COGs 1,453.48 1,009.35 2,227.53 2,265.01
    SG&A 134.44 97.60 252.59 190.58
    Total Expenses 1,587.93 1,106.95 2,480.12 2,455.59
    EBITDA 2,039.80 1,632.45 3,072.47 2,348.83
    Depre. & Amor. 213.21 175.83 364.44 371.10
    EBIT 1,826.59 1,456.63 2,708.03 1,977.73
    Net Profit 1,719.41 1,404.86 2,591.53 1,824.25
    EPS (B.) 0.20 0.20 0.33 0.31
    more
    Statement of Cash Flow (MB.) 6M/2018 
    (01/01/18 
    -30/06/18) 
    6M/2017 
    (01/01/17 
    -30/06/17) 
    2017 
    (01/01/17 
    -31/12/17) 
    2016 
    (01/01/16 
    -31/12/16) 
    Operating Cash Flow 1,543.33 1,507.28 2,595.87 2,826.14
    Investing Cash Flow -588.76 -7,868.65 -8,580.43 -5,323.67
    Financing Cash Flow -1,176.00 7,498.89 6,154.89 2,669.65
    Net Cash Flow -221.43 1,137.51 170.32 172.12
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    Annualized: ROE, ROA
    Ratios 6M/2018  6M/2017  2017 
    Current Ratio (X) 1.72 2.37 1.85
    ROE (%) 11.83 9.53 15.93
    ROA (%) 11.10 8.80 11.84
    D/E (X) 0.11 0.14 0.14
    Total Asset Turnover (X) 0.22 0.17 0.23
    Gross Profit Margin (%) 55.00 27.17 21.94
    EBIT Margin (%) 53.49 56.82 52.20
    Net Profit Margin (%) 50.36 54.80 49.95

    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/2018  6M/2017  2017 
    Sales Growth 133.04 N/A N/A
    COGs Growth 44.00 N/A N/A
    Total Revenue Growth 33.19 N/A N/A
    Total Expense Growth 43.45 N/A N/A
    Net Profit Growth 22.39 N/A N/A

    Annualized
    Cash Cycle 6M/2018  6M/2017  2017 
    A/R Turnover (Times) 5.00 4.98 3.66
    Avg. Collection Period (Days) 73.05 73.29 99.76
    Inventory Turnover (Times) 4.18 5.33 5.29
    Avg. Inventory Period (Days) 87.22 68.47 68.98
    A/P Turnover (Times) 10.90 14.17 16.49
    Avg. Payment Period (Days) 33.49 25.77 22.13
    Cash Cycle (Days) 126.79 116.00 146.61


    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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