Company Summary
VARO VAROPAKORN PUBLIC COMPANY LIMITED
Industrials/Industrial Materials & Machinery
SET
CG Report:   -
 
  Data as of 15 Jan 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
3.78 6.70 / 2.54 N/A 0.48 499.51 377.63 1,032.36 -31.55 -34.17
News
Date/Time Subject
29 Dec 2020 17:17   Holiday of the Year 2021
17 Nov 2020 17:01   To invite shareholders to propose agenda and candidae to be director in AGM No.43-2021
13 Nov 2020 17:04   Financial Statement Quarter 3/2020 (Reviewed)
13 Nov 2020 17:04   Financial Performance Quarter 3 (F45) (Reviewed)
13 Nov 2020 17:04   Management Discussion and Analysis Quarter 3 Ending 30 Sep 2020
more

Company Profile
Address 181 SOI AMON, NANGLINJI ROAD, CHONGNONSI, YAN NAWA Bangkok 10120
Telephone 0-2213-2514-7, 0-2231-2544
Fax 0-2287-2031
URL http://www.varopakorn.com
  Annual Report 2018
Establish Date 21/2/1979 Listed Date 30/07/1991
IPO Price (Baht) 118.00 @Par10.00 Baht
IPO Financial Advisory
  • FINANCE ONE PUBLIC COMPANY LIMITED
    		•
    Par 5.00 Baht
    Last Par Change Old 10.00 : New 5.00 @ 30/12/2004

    Market/Industry/Sector Change
    Effective Date 03/07/2006
    Previous Market/Industry/Sector SET  / Industrials / Packaging
    Current Market/Industry/Sector SET  / Industrials / Industrial Materials & Machinery

    Business
    The Company engages in the business of aluminium manufacturing and distribution of semi-finished sheets & coils for sale to other manufacturers who could reproduce them further or use them as components for other products. The company is certified under ISO 9001: 2015, ISO 14001: 2015

    Free Float 26 May 2020 12 Mar 2019
    % /Shareholders
    23.78% 350 21.87% 357
    Foreign Shareholders 20.60% (As of 15/01/2021) Foreign Limit 40.00%
    NVDR Shareholders  0.01% (As of 15/01/2021)
    5 Yr Price Performance (Adjusted Price)
    Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
    5 Days -2.58 -3.35 -1.47
    20 Days 2.16 -1.34 -0.66
    60 Days 26.00 10.18 3.09
    120 Days -0.53 -9.82 -11.32
    YTD 6.18 -1.52 1.30
    P/E (X) N/A 58.00 30.34
    P/BV (X) 0.48 3.07 1.72
    Turnover Ratio (%) N/A 0.65 1.50

    Top 10 Major Shareholders(@26 May 2020) Share %
    1. บริษัท โลหการไทย จำกัด 41,848,338 41.89
    2. MITSUBISHI ALUMINUM CO.,LTD. 13,381,476 13.39
    3. Mitsubishi Corporation RtM Japan Ltd. 6,690,921 6.70
    4. นาง สรณีย์ ดีพันธุ์พงษ์ 4,308,122 4.31
    5. นาย วิเชียร ศรีมุนินทร์นิมิต 2,623,600 2.63
    6. นาง นิดา ชิตานนท์ 2,489,105 2.49
    7. บริษัท SAMASAI CO.,LTD. 2,386,793 2.39
    8. นาง สิริเกตุ ชัยเฉนียน 2,236,330 2.24
    9. นาง พรทิพย์ รุจิณรงค์ 1,829,595 1.83
    10. นาง สงาม เจริญรัถ 1,813,402 1.82

    Management Position
    1. Mrs. SORRANEE DEEPHANPHONGS CHAIRMAN OF BOARD DIRECTOR
    2. Mr. CHAIYONG DEEPHANPHONGS CHIEF EXECUTIVE OFFICER / DIRECTOR
    3. Mr. SAHASEE CHITANONDH MANAGING DIRECTOR / DIRECTOR
    4. Mr. CHIRAWUT CHAIYAWAT DIRECTOR
    5. Flg.Off. KAMOLNAI CHAIXANIEN DIRECTOR
    6. Mr. YOSHINAO TOYADA DIRECTOR
    7. Mr. ETSUO YAMAMURA DIRECTOR
    8. Mrs. SONGSIRI SOONTORNWIPAT INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
    9. Mr. PITIPHONG PISARNBUTRA INDEPENDENT DIRECTOR
    10. Mr. MAMORU KUBOTA AUDIT COMMITTEE
    11. Mr. SOMKIAT TWILTERMSUP AUDIT COMMITTEE
    Accumulated: Turnover Ratio, Value Trade/Day
    Statistics YTD
    15 Jan 2021    		 2020
    30 Dec 2020    		 2019
    30 Dec 2019
    Listed share (M.) 99.90  99.90  99.90 
    Market Cap (MB.) 377.63  355.65  649.36 
    Price (B./share) 3.78  3.56  6.50 
    BVPS (B./Share) 7.95  7.95  9.46 
    P/BV (X) 0.48  0.45  0.69 
    P/E (X) N/A  N/A  N/A 
    Turnover Ratio (%) 0.05  0.84  0.15 
    Value Trade/Day (MB.) 0.02  0.01  0.00 
    Beta 0.15  0.10  0.14 
     
    Rate of Return YTD  2020  2019 
    Price Change (%) 6.18  -45.23  -12.16 
    Dividend Yield (%) N/A  N/A  2.62 
    Payout Ratio N/A  N/A  N/A 
    Dividend Policy Not more than 60% of the net profit of the operation (with additional conditions)

    Dividend
    Operation Period Dividend/Share Unit Payment Date Type
    01 Jan 2018 - 31 Dec 2018 0.17 Baht 24 May 2019 Cash
    01 Jan 2017 - 31 Dec 2017 0.20 Baht 24 May 2018 Cash
     
    Auditor
    (Effective Until 31/12/2020)
    MISS SIRAPORN OUAANUNKUN/EY OFFICE LIMITED
    MISS SUPANNEE TRIYANANTAKUL/EY OFFICE LIMITED
    MISS SIRIRAT SRICHAROENSUP/EY OFFICE 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.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Cash 62.54 3.93 5.16 3.45 4.64
    A/R Net 115.07 289.82 310.11 296.37 311.38
    Inventories 445.37 560.06 467.74 682.87 653.07
    Current Assets 683.73 897.41 828.53 1,035.68 996.37
    PP&E Net 823.38 896.27 885.84 827.86 856.34
    Total Assets 1,511.71 1,800.69 1,720.58 1,886.42 1,891.50
    OD 100.84 53.20 33.24 82.74 8.59
    A/P Net 93.64 179.95 51.63 103.54 107.13
    Current portion of LT 33.54 15.80 25.88 11.78 28.08
    Current Liabilities 521.36 789.99 582.30 772.79 775.27
    Non-Current Liabilities 195.91 65.59 224.90 36.44 46.65
    Total Liabilities 717.27 855.58 807.20 809.23 821.92
    Authorized Capital 500.00 500.00 500.00 500.00 500.00
    Paid-Up Capital 499.51 499.51 499.51 499.51 499.51
    Premium (Discount) on Share Capital 374.40 374.40 374.40 374.40 374.40
    Other Surplus (Deficit) - - - - -
    Retained Earnings (Deficit) -79.47 71.20 39.47 203.28 195.67
    Treasury Stock - - - - -
    Shareholders' Equity 794.44 945.11 913.38 1,077.19 1,069.58
    Minority Interest - - - - -
    more
    Statement of Comprehensive Income (MB.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Sales 672.41 1,157.67 1,569.20 1,796.47 1,562.63
    Other Income 18.25 31.66 34.73 48.65 16.77
    Total Revenues 690.66 1,189.34 1,603.93 1,845.12 1,579.40
    COGs 747.29 1,219.39 1,638.69 1,711.87 1,463.45
    SG&A 50.18 75.20 96.18 84.80 72.04
    Total Expenses 797.47 1,294.59 1,734.87 1,796.75 1,562.29
    EBITDA -31.55 -28.18 -26.84 150.88 121.08
    Depre. & Amor. 75.26 77.07 104.10 102.51 103.97
    EBIT -106.82 -105.26 -130.94 48.37 17.11
    Net Profit -118.93 -117.71 -148.87 27.59 11.69
    EPS (B.) -1.19 -1.18 -1.49 0.28 0.12
    more
    Statement of Cash Flow (MB.) 9M/2020 
    (01/01/20 
    -30/09/20)     		 9M/2019 
    (01/01/19 
    -30/09/19)     		 2019 
    (01/01/19 
    -31/12/19)     		 2018 
    (01/01/18 
    -31/12/18)     		 2017 
    (01/01/17 
    -31/12/17) 
    Operating Cash Flow 186.83 161.82 106.81 61.18 -45.42
    Investing Cash Flow -4.86 -119.72 -139.34 -52.57 -85.11
    Financing Cash Flow -124.59 -41.61 34.23 -9.80 134.53
    Net Cash Flow 57.38 0.48 1.71 -1.19 4.00
    more
    Annualized: ROE, ROA
    Ratios 9M/2020  9M/2019  2019  2018 
    Current Ratio (X) 1.31 1.14 1.42 1.34
    ROE (%) -17.26 -12.84 -14.96 2.57
    ROA (%) -8.00 -6.08 -7.26 2.56
    D/E (X) 0.90 0.91 0.88 0.75
    Total Asset Turnover (X) 0.67 0.82 0.89 0.98
    Gross Profit Margin (%) -11.14 -5.33 -4.43 4.71
    EBIT Margin (%) -15.47 -8.85 -8.16 2.62
    Net Profit Margin (%) -17.22 -9.90 -9.28 1.50

    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 (%) 9M/2020  9M/2019  2019  2018 
    Sales Growth -41.92 -18.08 -12.65 14.96
    COGs Growth -38.72 -8.50 -4.27 16.97
    Total Revenue Growth -41.93 -18.61 -13.07 16.82
    Total Expense Growth -38.40 -7.68 -3.44 15.01
    Net Profit Growth N/A N/A N/A 136.02

    Annualized
    Cash Cycle 9M/2020  9M/2019  2019  2018 
    A/R Turnover (Times) 5.35 4.61 5.17 5.91
    Avg. Collection Period (Days) 68.17 79.23 70.53 61.74
    Inventory Turnover (Times) 2.32 2.56 2.85 2.56
    Avg. Inventory Period (Days) 157.29 142.50 128.14 142.42
    A/P Turnover (Times) 8.53 10.32 21.12 16.25
    Avg. Payment Period (Days) 42.80 35.38 17.28 22.46
    Cash Cycle (Days) 182.66 186.35 181.40 181.70


    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.