Company Summary
TRUE TRUE CORPORATION PUBLIC COMPANY LIMITED
Technology/Information & Communication Technology
SET50 / SETTHSI
CG Report:   
 
  Data as of 02 Mar 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
3.22 4.06 / 1.99 102.41 1.26 133,472.78 107,445.59 615,574.04 65,173.78 9.45
News
Date/Time Subject
25 Feb 2021 19:19   Management Discussion and Analysis Yearly Ending 31 Dec 2020
25 Feb 2021 19:16   Financial Performance Yearly (F45) (Audited)
25 Feb 2021 19:14   Financial Statement Yearly 2020 (Audited)
25 Feb 2021 19:11   Notification of Resolutions of the Board of Directors Meeting, the Date fixed for the 2021 Annual General Meeting of the Shareholders, issuance and offering of debentures, and Dividend Payment
19 Feb 2021 18:31   Notification of the investment in Chiwiborirak Company Limited
more

Company Profile
Address TRUE TOWER, 18 RATCHADAPHISEK ROAD, HUAI KHWANG Bangkok 10310
Telephone 0-2859-1111
Fax 0-2859-9134
URL http://www.truecorp.co.th
  Annual Report 2019
Establish Date 13/11/1990 Listed Date 22/12/1993
IPO Price (Baht) 55.00 @Par10.00 Baht
IPO Financial Advisory
  • MEC FAR EAST INTERNATIONAL PUBLIC COMPANY LIMITED
  • PHATRA THANAKIT PUBLIC COMPANY LIMITED
  • THANACHART CAPITAL PUBLIC COMPANY LIMITED
  • Par 4.00 Baht
    Last Par Change Old 10.00 : New 4.00 @ 01/10/2015

    Business
    True Group?s core business segments are (1) TrueMove H- Cellular and wireless telecommunication businesses (2) TrueOnline?Broadband internet and fixed-line phone businesses (3) TrueVisions?Pay TV and Digital TV businesses, content production business and Online Station, an online game and influencer network (4) True Digital Group?Digital Media, O2O and Privilege, Data Analytics, Internet of Things (IoT) and Digital Solutions, as well as True Digital Academy

    Free Float 21 May 2020 15 Mar 2019
    % /Shareholders
    31.86% 85,351 31.85% 78,524
    Foreign Shareholders 45.19% (As of 02/03/2021) Foreign Limit 49.00%
    NVDR Shareholders  5.44% (As of 02/03/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days 1.26 2.98 -0.44
    20 Days - 4.33 -1.14
    60 Days -4.73 0.34 -10.15
    120 Days -3.01 3.14 -15.11
    YTD -6.40 -2.52 -9.76
    P/E (X) 102.41 21.67 39.26
    P/BV (X) 1.26 2.18 1.71
    Turnover Ratio (%) 0.22 0.30 1.33

    Top 10 Major Shareholders(@21 May 2020) Share %
    1. บริษัท เครือเจริญโภคภัณฑ์ จำกัด 5,951,401,786 17.84
    2. CHINA MOBILE INTERNATIONAL HOLDINGS LIMITED 4,495,868,474 13.47
    3. UBS AG HONG KONG BRANCH 2,999,177,480 8.99
    4. บริษัท Thai NVDR Company Limited 2,030,518,927 6.09
    5. CHINA MOBILE INTERNATIONAL HOLDINGS LIMITED 1,510,489,392 4.53
    6. CREDIT SUISSE AG, SINGAPORE BRANCH 1,462,875,770 4.38
    7. บริษัท ยูนีค เน็ตเวิร์ค จำกัด 1,438,214,890 4.31
    8. UBS AG LONDON BRANCH 1,120,887,976 3.36
    9. บริษัท ไวด์ บรอด คาสท์ จำกัด 949,098,378 2.84
    10. WORTH ACCESS TRADING LIMITED 773,225,544 2.32

    Management Position
    1. Mr. SUPHACHAI CHEARAVANONT CHAIRMAN OF THE BOARD / CHAIRMAN OF THE EXECUTIVE COMMITTEE
    2. Mr. AJVA TAULANANDA VICE CHAIRMAN
    3. Mr. NATWUT AMORNVIVAT PRESIDENT (CO)
    4. Mr. MANAT MANAVUTIVETH PRESIDENT (CO)
    5. Dr. TEERADET DUMRONGBHALASITR PRESIDENT (CO)
    6. Mr. WARAPATR TODHANAKASEM DIRECTOR
    7. Mr. UMROONG SANPHASITVONG DIRECTOR
    8. Mr. CHATCHAVAL JIARAVANON DIRECTOR
    9. Mr. NARONG CHEARAVANONT DIRECTOR
    10. Mr. ADHIRUTH THOTHAVEESANSUK DIRECTOR
    11. Mr. FENG LI DIRECTOR
    12. Mr. TONGQING GAO DIRECTOR
    13. Mr. KITTINUT TIKAWAN DIRECTOR
    14. Mr. KOSOL PETCHSUWAN INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    15. Mr. JOTI BHOKAVANIJ INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    16. Mr. RAWAT CHAMCHALERM INDEPENDENT DIRECTOR
    17. Mr. HARALD LINK INDEPENDENT DIRECTOR
    18. Mr. GENLUO XU INDEPENDENT DIRECTOR
    19. Mrs. PREEPRAME SERIWONGSE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    02 Mar 2021
    2020
    30 Dec 2020
    2019
    30 Dec 2019
    Listed share (M.) 33,368.20  33,368.20  33,368.20 
    Market Cap (MB.) 107,445.59  114,786.59  153,493.70 
    Price (B./share) 3.22  3.44  4.60 
    BVPS (B./Share) 2.55  2.56  3.77 
    P/BV (X) 1.26  1.34  1.22 
    P/E (X) 102.41  81.03  63.27 
    Turnover Ratio (%) 9.16  83.16  106.23 
    Value Trade/Day (MB.) 256.46  393.17  769.55 
    Beta 0.91  0.93  1.85 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) -6.40  -25.22  -11.54 
    Dividend Yield (%) 2.17  2.62  1.96 
    Payout Ratio 2.86  2.12  1.24 
    Dividend Policy At least 50% of net profit of the Company statement in each year (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2019 - 31 Dec 2019 0.09 Baht 27 Apr 2020 Cash
    01 Jan 2018 - 31 Dec 2018 0.09 Baht 29 May 2019 Cash
    01 Jan 2017 - 31 Dec 2017 0.031 Baht 25 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2021)
    MR. PISIT THANGTANAGUL/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Ms. NUNTIKA LIMVIRIYALERS/PRICEWATERHOUSE COOPERS ABAS LIMITED
    Ms. THITINUN WAENKAEW/PRICEWATERHOUSE COOPERS ABAS LIMITED
    F/S Year ended 31/12
    Latest Type of Report Unqualified opinion with an emphasis of matters
    Financial Data
    Statement of Financial Position (MB.) 2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Cash 24,330.35 49,405.10 20,671.76 18,226.74
    A/R Net 44,918.61 37,395.53 55,188.37 49,439.13
    Inventories 4,508.24 7,273.56 7,448.86 16,849.08
    Current Assets 104,405.56 134,449.40 124,692.50 117,811.53
    PP&E Net 231,894.09 228,962.45 205,811.95 175,462.31
    Total Assets 617,547.90 523,992.74 495,568.69 465,310.94
    OD - 16,662.57 84,908.79 46,752.38
    A/P Net 90,276.65 65,935.24 66,315.36 67,540.23
    Current portion of LT 73,661.82 18,037.02 2,361.28 30,777.81
    Current Liabilities 175,785.97 151,150.23 204,260.37 197,913.20
    Non-Current Liabilities 356,144.80 246,823.37 157,424.81 133,194.99
    Total Liabilities 531,930.77 397,973.60 361,685.18 331,108.18
    Authorized Capital 133,474.62 133,474.62 133,472.78 133,474.62
    Paid-Up Capital 133,472.78 133,472.78 133,472.78 133,472.78
    Premium (Discount) on Share Capital 26,384.07 26,384.07 26,384.07 26,384.07
    Other Surplus (Deficit) - -1,895.34 -1,654.77 -1,650.32
    Retained Earnings (Deficit) -72,654.84 -32,590.71 -24,920.11 -24,682.53
    Treasury Stock 72.54 - - -
    Shareholders' Equity 85,089.10 125,367.94 133,290.84 133,533.20
    Minority Interest 528.04 651.20 592.67 669.55
    more
    Statement of Comprehensive Income (MB.) 2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Sales 138,212.34 140,943.49 161,820.31 141,290.46
    Other Income 5,126.20 9,703.63 11,916.12 3,158.53
    Total Revenues 147,491.33 157,534.52 177,525.69 147,602.80
    COGs 100,637.98 107,410.73 105,779.53 102,096.02
    SG&A 26,928.16 26,216.52 33,753.26 31,475.04
    Total Expenses 128,071.45 140,250.22 157,081.19 135,676.94
    EBITDA 65,173.78 46,628.71 57,117.04 48,192.41
    Depre. & Amor. 45,753.90 29,344.41 36,672.54 36,266.56
    EBIT 19,419.88 17,284.30 20,444.50 11,925.85
    Net Profit 1,048.40 5,636.74 7,034.59 2,322.53
    EPS (B.) 0.03 0.17 0.21 0.07
    more
    Statement of Cash Flow (MB.) 2020 
    (01/01/20 
    -31/12/20) 
    2019 
    (01/01/19 
    -31/12/19) 
    2018 
    (01/01/18 
    -31/12/18) 
    2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 44,118.94 14,423.78 37,928.82 4,993.34
    Investing Cash Flow -64,572.16 -35,868.45 -61,169.26 -42,049.77
    Financing Cash Flow -4,638.74 50,204.83 25,661.68 5,114.47
    Net Cash Flow -25,091.96 28,760.16 2,421.25 -31,941.95
    more
    Annualized: ROE, ROA
    Ratios 2020  2019  2018 
    Current Ratio (X) 0.59 0.89 0.61
    ROE (%) 1.00 4.36 5.27
    ROA (%) 3.40 3.39 4.26
    D/E (X) 6.25 3.17 2.71
    Total Asset Turnover (X) 0.26 0.31 0.37
    Gross Profit Margin (%) 27.19 23.79 34.63
    EBIT Margin (%) 13.17 10.97 11.52
    Net Profit Margin (%) 0.71 3.58 3.96

    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 (%) 2020  2019  2018 
    Sales Growth -1.94 -12.90 14.53
    COGs Growth -6.31 1.54 3.61
    Total Revenue Growth -6.38 -11.26 20.27
    Total Expense Growth -8.68 -10.71 15.78
    Net Profit Growth -81.40 -19.87 202.89

    Annualized
    Cash Cycle 2020  2019  2018 
    A/R Turnover (Times) 3.36 3.04 3.09
    Avg. Collection Period (Days) 108.69 119.88 118.00
    Inventory Turnover (Times) 17.08 14.59 8.71
    Avg. Inventory Period (Days) 21.37 25.01 41.92
    A/P Turnover (Times) 1.29 1.62 1.58
    Avg. Payment Period (Days) 283.28 224.71 230.94
    Cash Cycle (Days) -153.22 -79.81 -71.02


    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)
    The Information is provided for informative and educational purposes only.