Advanced Info Service Public Co., Ltd.
In the news
- Huawei 5G dominance threatened in Southeast Asia Jul 20, 2020
- Video: Thai businesses develop robots to adapt to coronavirus era Jun 8, 2020
- Thailand leads ASEAN in 5G rollout due to pandemic May 20, 2020
- Shares in AIS surge after Thai telco dominates 5G auctions Feb 17, 2020
- Singtel profit falls pressured by Australian business Feb 13, 2020 See more articles on Advanced Info Service Public Co., Ltd.
Company Background
Advanced Info Service is Thailand's largest mobile service provider in subscribers and revenue. It is the core subsidiary of Intouch Holdings, which recently changed its name from Shin Corp., the telecom company established by former Prime Minister Thaksin Shinawatra. Thaksin's sister and former prime minister, Yingluck Shinawatra, was also once chief executive of AIS. The Shinawatras sold their stake in Shin to Singapore's Temasek in 2006. Currently, Intouch Holdings owns around 40% of AIS and Singapore Telecom owns about 23%.
AIS lags behind its two smaller rivals, Total Access Communication and True Corp., in establishing next-generation 4G network infrastructure in Thailand. It is the only carrier yet to launch 4G services as its current network does not have sufficient bandwidth. The military government that took power in May 2014 has suspended a planned 4G spectrum auction, citing "transparency" reasons.
In an attempt to diversify, AIS plans to launch fixed-line broadband services from 2015 at a cost of 4.6 billion baht. The target is to have 80,000 subscribers within the first year of service.
Business Summary
Financial Highlights
| Dec 2019 | THB | USD |
| Revenue | 180,893.68M | 5,826.86M |
| Gross Profit | 68,994.24M | 2,222.40M |
| Operating income | 41,283.32M | 1,329.79M |
| Income before tax | 37,487.62M | 1,207.53M |
| Net income | 31,189.57M | 1,004.66M |
| EBITDA | 78,512.32M | 2,529.00M |
| Diluted EPS | 10.49 | 0.33 |
| Dividends Per Share | 7.34 | 0.23 |
| Total Assets | 290,117.12M | 9,685.50M |
| Total liabilities | 220,722.95M | 7,368.79M |
| Total equity | 69,266.09M | 2,312.43M |
| Operating cash flow | 73,485.66M | 2,367.08M |
| Currency in THB | Currency in USD |
Historical Data
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 155,276M | 152,150M | 157,721.80M | 169,855.84M | 180,893.68M |
| Gross Profit | 70,457M | 69,158M | 65,463.16M | 66,400.15M | 68,994.24M |
| Operating income | 50,267M | 39,367M | 40,359.70M | 40,062.84M | 41,283.32M |
| Income before tax | 49,164M | 35,841M | 35,915.98M | 35,759.61M | 37,487.62M |
| Net income | 39,152M | 30,667M | 30,077.31M | 29,682.17M | 31,189.57M |
| EBITDA | 70,762M | 61,035M | 70,510.39M | 73,941.84M | 78,512.32M |
| Diluted EPS | 13.17 | 10.32 | 10.12 | 9.98 | 10.49 |
| Dividends Per Share | 12.99 | 10.08 | 7.08 | 7.08 | 7.34 |
| Total Assets | 181,782M | 275,691M | 284,094.91M | 290,594.98M | 290,117.12M |
| Total liabilities | 133,289M | 232,983M | 233,668.13M | 232,926.40M | 220,722.95M |
| Total equity | 48,376M | 42,569M | 50,320.35M | 57,521.03M | 69,266.09M |
| Operating cash flow | 60,899M | 57,598M | 61,868.75M | 65,575.48M | 73,485.66M |
| Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | |
| Revenue | 4,530.60M | 4,312.57M | 4,647.96M | 5,254.26M | 5,826.86M |
| Gross Profit | 2,055.77M | 1,960.22M | 1,929.15M | 2,053.99M | 2,222.40M |
| Operating income | 1,466.67M | 1,115.82M | 1,189.37M | 1,239.29M | 1,329.79M |
| Income before tax | 1,434.49M | 1,015.88M | 1,058.42M | 1,106.17M | 1,207.53M |
| Net income | 1,142.36M | 869.23M | 886.35M | 918.17M | 1,004.66M |
| EBITDA | 2,064.67M | 1,729.98M | 2,077.89M | 2,287.29M | 2,529.00M |
| Diluted EPS | 0.38 | 0.29 | 0.29 | 0.30 | 0.33 |
| Dividends Per Share | 0.37 | 0.28 | 0.20 | 0.21 | 0.23 |
| Total Assets | 5,051.60M | 7,698.60M | 8,717.24M | 8,924.90M | 9,685.50M |
| Total liabilities | 3,704.01M | 6,505.99M | 7,169.93M | 7,153.75M | 7,368.79M |
| Total equity | 1,344.33M | 1,188.72M | 1,544.04M | 1,766.61M | 2,312.43M |
| Operating cash flow | 1,776.89M | 1,632.56M | 1,823.23M | 2,028.48M | 2,367.08M |
Valuation Measures
| Dec 2019 | |
| PER | 20.30 |
| ROA | 10.74% |
| ROE | 49.19% |
| Operating margin | 22.82% |
| Profit margin | 17.24% |
Key executives
- Chief Executive Officer & Director: Somchai Lertsutiwong
- President, Chief Operating Officer & Director: Weng Cheong Hui
- Chief Financial Officer: Tee Seeumpornroj
- Chief Audit Executive: Suvimon Kulalert
- Head-Investor Relations: Nattiya Poapongsakorn
Shareholders
- Intouch Holdings Public Co. Ltd. (40.4%)
- Singapore Telecommunications Ltd. (23.3%)
- Social Security Office of Thailand (1.8%)
- GIC Pte Ltd. (Investment Management) (0.6%)
- TMB Asset Management Co., Ltd. (0.4%)
- Norges Bank Investment Management (0.3%)
- APG Asset Management NV (0.2%)
- TOBAM SAS (0.1%)
- The Caisse de depot et placement du Quebec (0.1%)
- Sjunde AP-fonden (0.0%)
Contact Details
- Website:http://www.ais.co.th
- Address: AIS Tower 1, 414 Phaholyothin Road, Samsen Nai, Bangkok, 10400, Thailand
- Phone: +66.2.029.3145
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Competitors
- PCCW Limited
- True Corp. Public Co., Ltd.
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Last Updated on 19 Oct, 2020
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