Company Summary
TRUE TRUE CORPORATION PUBLIC COMPANY LIMITED
Technology/Information & Communication Technology
SET50 / SETTHSI
CG Report:   
 
  Data as of 19 Oct 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
4.04 4.42 / 2.66 N/A 1.64 133,472.78 134,807.51 654,006.61 31,850.07 9.96
News
Date/Time Subject
30 Sep 2021 17:08   Notification of the investment in ZAPGROUP INC.
27 Sep 2021 17:01   Proposal for Agenda Item and Director Nominee in advance for the Annual General Shareholders Meeting for the Year 2022
17 Sep 2021 17:09   Notification of the Resolution of the Board of Directors' Meeting Re: the Appointment of the Audit Committee
16 Aug 2021 17:58   Management Discussion and Analysis Quarter 2 Ending 30 Jun 2021
16 Aug 2021 17:56   Financial Performance Quarter 2 (F45) (Reviewed)
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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 2020
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 (3) TrueVisions ? Pay TV and Digital TV businesses (4) True Digital Group ? Digital offerings and services including Digital Media and Platform, O2O and Privilege, Data Analytics, Internet of Things (IoT) and Digital Solutions, Digital Health, Cyber Security and True Digital Academy

    Free Float 15 Mar 2021 21 May 2020
    % /Shareholders
    31.78% 84,929 31.86% 85,351
    Foreign Shareholders 44.13% (As of 19/10/2021) Foreign Limit 49.00%
    NVDR Shareholders  6.13% (As of 19/10/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -6.05 -3.64 -5.87
    20 Days 20.24 22.20 19.89
    60 Days 32.03 18.72 26.00
    120 Days 23.17 7.70 18.98
    YTD 17.44 -0.56 4.40
    P/E (X) N/A 29.09 20.82
    P/BV (X) 1.64 2.71 1.75
    Turnover Ratio (%) 1.74 0.75 1.81

    Top 10 Major Shareholders(@15 Mar 2021) 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 3,065,717,853 9.19
    4. บริษัท Thai NVDR Company Limited 1,835,822,611 5.50
    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 1,125,719,426 3.37
    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. XIAOPING YANG DIRECTOR
    14. Mr. JOTI BHOKAVANIJ INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    15. Mr. HARALD LINK INDEPENDENT DIRECTOR
    16. Mr. GENLUO XU INDEPENDENT DIRECTOR
    17. Mrs. PREEPRAME SERIWONGSE INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    18. Mr. KITTIPONG KITTAYARAK INDEPENDENT DIRECTOR / AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    19 Oct 2021    		 2020
    30 Dec 2020    		 2019
    30 Dec 2019
    Listed share (M.) 33,368.20  33,368.20  33,368.20 
    Market Cap (MB.) 134,807.51  114,786.59  153,493.70 
    Price (B./share) 4.04  3.44  4.60 
    BVPS (B./Share) 2.46  2.56  3.77 
    P/BV (X) 1.64  1.34  1.22 
    P/E (X) N/A  81.03  63.27 
    Turnover Ratio (%) 87.05  83.16  106.23 
    Value Trade/Day (MB.) 549.19  393.17  769.55 
    Beta 0.94  0.93  1.85 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 17.44  -25.22  -11.54 
    Dividend Yield (%) 1.73  2.62  1.96 
    Payout Ratio N/A  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 2020 - 31 Dec 2020 0.07 Baht 28 May 2021 Cash
    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
     
    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.) 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) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Cash And Cash Equivalents 25,612.51 24,836.97 24,330.35 49,405.10 20,671.76
    A/R Net 46,804.09 38,736.47 44,918.61 37,395.53 55,188.37
    Inventories 4,106.80 5,650.42 4,508.24 7,273.56 7,448.86
    Current Assets 109,097.35 103,644.42 104,405.56 134,449.40 124,692.50
    PP&E Net 239,875.58 221,271.16 231,894.09 228,962.45 205,811.95
    Non-Current Assets 517,679.67 506,389.84 513,142.34 389,543.35 370,876.19
    Total Assets 626,777.02 610,034.26 617,547.90 523,992.74 495,568.69
    OD - 17,394.35 - 16,662.57 84,908.79
    A/P Net 90,735.04 67,437.51 90,276.65 65,935.24 66,315.36
    Current portion of LT 69,997.45 22,113.25 61,007.70 16,102.38 -
    Current Liabilities 182,338.27 154,333.38 175,785.97 151,150.23 204,260.37
    Non-Current Liabilities 361,995.52 369,943.04 356,144.80 246,823.37 157,424.81
    Total Liabilities 544,333.79 524,276.43 531,930.77 397,973.60 361,685.18
    Authorized Capital 133,474.62 133,474.62 133,474.62 133,474.62 133,472.78
    Paid-Up Capital 133,472.78 133,472.78 133,472.78 133,472.78 133,472.78
    Premium (Discount) on Share Capital 26,384.07 26,384.07 26,384.07 26,384.07 26,384.07
    Retained Earnings (Deficit) -75,802.06 -72,702.18 -72,654.84 -32,590.71 -24,920.11
    Treasury Stock 72.54 - 72.54 - -
    Shares Of The Company Held By Subsidiaries - - - - -
    Other Components Of Equity -2,016.85 -1,970.91 -2,040.37 -1,898.20 -1,645.90
     - Surplus (Deficits) - -1,960.67 - -1,895.34 -1,654.77
    Shareholders' Equity 81,965.40 85,183.76 85,089.10 125,367.94 133,290.84
    Minority Interest 477.83 574.08 528.03 651.20 592.67
    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) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Revenue From Operations 69,222.62 68,721.90 138,212.34 140,943.49 161,820.31
    Other Income 693.01 1,387.54 5,126.20 8,686.41 11,916.12
    Total Revenues 69,915.63 70,109.45 143,338.54 149,631.69 173,736.43
    Costs 49,107.17 49,888.01 100,637.98 107,410.73 105,779.53
    Selling And Administrative Expenses 13,206.67 12,727.38 26,928.16 26,216.52 33,753.26
    Total Cost And Expenses 63,040.94 64,128.81 128,071.45 140,250.22 158,353.53
    EBITDA 31,850.07 31,348.87 65,173.78 46,628.71 57,117.04
    Depre. & Amor. 23,227.99 21,434.66 45,753.90 29,344.41 36,672.54
    EBIT 8,622.08 9,914.21 19,419.88 17,284.30 20,444.50
    Net Profit : Owners Of The Parent -879.94 1,101.06 1,048.40 5,636.74 7,034.59
    EPS (B.) -0.03 0.03 0.03 0.17 0.21
    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) 
    Accounting Type Consolidate Consolidate Consolidate Consolidate Consolidate
    Operating Cash Flow 16,847.41 21,012.76 44,118.94 14,423.78 37,928.82
    Investing Cash Flow -32,501.58 -41,346.31 -64,572.16 -35,868.45 -61,169.26
    Financing Cash Flow 16,924.57 -4,254.42 -4,638.74 50,204.83 25,661.68
    Net Cash Flow 1,270.39 -24,587.98 -25,091.96 28,760.16 2,421.25
    more
    Annualized: ROE, ROA
    Ratios 6M/2021  6M/2020  2020  2019 
    Current Ratio (X) 0.60 0.67 0.59 0.89
    ROE (%) -1.12 4.00 1.00 4.36
    ROA (%) 2.93 3.74 3.40 3.39
    D/E (X) 6.60 6.11 6.21 3.16
    Total Asset Turnover (X) 0.23 0.27 0.25 0.29
    Gross Profit Margin (%) 29.06 27.41 27.19 23.79
    EBIT Margin (%) 12.33 14.14 13.55 11.55
    Net Profit Margin (%) -1.34 1.46 0.65 3.72

    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 0.73 3.30 -1.94 -12.90
    COGs Growth -1.57 -1.45 -6.31 1.54
    Total Revenue Growth -0.28 3.26 -4.21 -13.87
    Total Expense Growth -1.70 -0.92 -8.68 -11.43
    Net Profit Growth N/A -57.14 -81.40 -19.87

    Annualized
    Cash Cycle 6M/2021  6M/2020  2020  2019 
    A/R Turnover (Times) 3.24 2.65 3.36 3.04
    Avg. Collection Period (Days) 112.54 137.72 108.69 119.88
    Inventory Turnover (Times) 20.47 16.88 17.08 14.59
    Avg. Inventory Period (Days) 17.83 21.62 21.37 25.01
    A/P Turnover (Times) 1.26 1.08 1.29 1.62
    Avg. Payment Period (Days) 289.08 336.44 283.28 224.71
    Cash Cycle (Days) -158.70 -177.10 -153.22 -79.81


    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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