Banpu Public Co. Ltd.
- 11.70 THB
- -0.20
- -1.68%
Thailand
Aug 21, 2019Ticker
BKK(BANPU)Prev. close
11.90Market cap (THB)
61,426.91MMarket cap (USD)
1,995.83MShares
5,161.92M
In the news
- Southeast Asia's energy majors pivot sharply to green power Apr 15, 2019
- Thailand's Banpu sees a bright future in solar business Apr 5, 2018
- Asia Inc. comes roaring back in 2017 Mar 16, 2018
- Banpu's net profit for 2017 soars on rising coal prices Feb 23, 2018
- Banpu takes stake in Singapore solar energy provider Sunseap Sep 19, 2017 See more articles on Banpu Public Co. Ltd.
Company Background
Banpu is one of the largest coal miners in Southeast Asia. It owns stakes in more than 20 coal assets around the world, including Indonesia, Australia, Mongolia and China. Its coal mining operations in Thailand have been closed due to depletion. It has diversified into coal-fired power generation since 1993 and operates power plants in and outside of Thailand. It is expecting to start operations of the Hongsa power plant in Laos in 2015, through a joint venture with independent power producer Ratchaburi Electricity Generating Holding and Lao Holding State Enterprise.
CEO Chanin Vongkusolkit founded Banpu in 1983 as a coal-mining venture in Thailand with the Auapinyakul family. Chanin is the youngest son of the Vongkusolkit family that runs Thailand's largest sugar producer, Mitr Phol Sugar. He decided to start a different business of his own. Banpu was listed on the Thai bourse in 1989. Mitr Phol is its second-largest shareholder with a more than 5% stake.
Banpu controls a roughly 15% stake in Ratchaburi Electricity Generating Holding, which was spun off from state-owned electricity giant Electricity Generating Authority of Thailand.
Business Summary
Financial Highlights
| Dec 2018 | THB | USD |
| Revenue | 112,770.51M | 3,488.40M |
| Gross Profit | 39,809.64M | 1,231.45M |
| Operating income | 26,250.34M | 812.01M |
| Income before tax | 7,846.07M | 242.70M |
| Net income | 6,693.73M | 207.06M |
| EBITDA | 55,620.95M | 1,720.55M |
| Diluted EPS | 1.29 | 0.04 |
| Dividends Per Share | 0.70 | 0.02 |
| Total Assets | 274,317.39M | 8,424.98M |
| Total liabilities | 171,304.58M | 5,261.19M |
| Total equity | 83,060.46M | 2,550.99M |
| Operating cash flow | 18,523.07M | 572.98M |
| Currency in THB | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 102,121.73M | 84,649.68M | 79,737.47M | 97,323.75M | 112,770.51M |
| Gross Profit | 32,705.52M | 27,461.76M | 26,413.16M | 37,531.39M | 39,809.64M |
| Operating income | 18,142.16M | 13,904.03M | 14,396.94M | 24,791.68M | 26,250.34M |
| Income before tax | 5,339.06M | 955.78M | 1,694.01M | 9,173.97M | 7,846.07M |
| Net income | 2,695.52M | -1,534.24M | 1,677.11M | 7,900.24M | 6,693.73M |
| EBITDA | 57,087.51M | 43,092.39M | 37,190.04M | 52,662.10M | 55,620.95M |
| Diluted EPS | 0.78 | -0.44 | 0.45 | 1.53 | 1.29 |
| Dividends Per Share | 0.90 | 0.75 | 0.50 | 0.65 | 0.70 |
| Total Assets | 227,541.06M | 236,484.81M | 249,849.88M | 268,751.36M | 274,317.39M |
| Total liabilities | 148,903.97M | 161,955.84M | 151,747.43M | 163,822.09M | 171,304.58M |
| Total equity | 67,461.93M | 63,206.92M | 78,875.00M | 85,314.88M | 83,060.46M |
| Operating cash flow | 9,221.45M | 10,770.23M | 20,868.73M | 12,117.52M | 18,523.07M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 3,143.79M | 2,469.89M | 2,260.09M | 2,868.07M | 3,488.40M |
| Gross Profit | 1,006.83M | 801.27M | 748.66M | 1,106.02M | 1,231.45M |
| Operating income | 558.50M | 405.68M | 408.06M | 730.59M | 812.01M |
| Income before tax | 164.36M | 27.88M | 48.01M | 270.35M | 242.70M |
| Net income | 82.98M | -44.76M | 47.53M | 232.81M | 207.06M |
| EBITDA | 1,757.42M | 1,257.34M | 1,054.12M | 1,551.91M | 1,720.55M |
| Diluted EPS | 0.02 | -0.01 | 0.01 | 0.04 | 0.04 |
| Dividends Per Share | 0.02 | 0.02 | 0.01 | 0.01 | 0.02 |
| Total Assets | 6,916.14M | 6,571.76M | 6,977.00M | 8,246.43M | 8,424.98M |
| Total liabilities | 4,525.95M | 4,500.64M | 4,237.51M | 5,026.75M | 5,261.19M |
| Total equity | 2,050.51M | 1,756.47M | 2,202.56M | 2,617.82M | 2,550.99M |
| Operating cash flow | 283.88M | 314.25M | 591.50M | 357.09M | 572.98M |
Valuation Measures
| Dec 2018 | |
| PER | 11.41 |
| ROA | 2.46% |
| ROE | 7.95% |
| Operating margin | 23.27% |
| Profit margin | 5.93% |
Key executives
- Chairman & President: Chanin Vongkusolkit
- Chief Executive Officer & Director: Somruedee Chaimongkol
- Chief Operating Officer: Sutee Sukruan
- Chief Financial Officer: Peter Parry
- Deputy CEO-Strategy & Business Development: Akaraphong Dayananda
Shareholders
- VONGKUSOLKIT FAMILY (10.2%)
- VONGKUSOLKIT ISARA (2.2%)
- Social Security Office of Thailand (2.2%)
- VONGKUSOLKIT KAMOL (1.8%)
- Krungsri Asset Management Co., Ltd. (1.4%)
- Dimensional Fund Advisors LP (0.9%)
- WONGKUTSALAKIT SUPHAWI (0.7%)
- VONGKUSOLKIT VITOON (0.7%)
- VONGKUSOLKIT LUCKSAMEE (0.6%)
- SUTHIPONGCHAI SUPACHAI (0.6%)
Contact Details
- Website:http://www.banpu.com
- Address: Thanapoom Tower, 1550 New Petchburi Road, Bangkok, 10400, Thailand
- Phone: +66.2.694.6600
Related Companies
- Mineral Resources Development Co. Ltd. (Thailand)
- Banpu Infinergy Co. Ltd.
- AACI SAADEC (BVI) Holdings Ltd.
- Banpu Power Investment Co. Ltd.
- Banpu Power Development Co. Ltd.
- Banpu International Ltd.
- Banpu Singapore Pte Ltd.
- Hunnu Coal Ltd.
- Banpu Power Public Co. Ltd.
- BP Overseas Development Co. Ltd.
- Banpu Coal Power Ltd.
- PT Nusantara Thai Mining Services
- Banpu China Pte Ltd.
- Banpu Power Vietnam
- Amata Power (Bienhua)
- PT Indo Tambangraya Megah Tbk
- PT Indominco Mandiri
- Banpu Minerals Co. Ltd.
- Centennial Coal Co. Ltd.
Competitors
- Lanna Resources Public Co., Ltd.
- Ratch Group Public Co. Ltd.
- B.Grimm Power Public Company Ltd
- PT Indika Energy Tbk
- PT Adaro Energy Tbk
- Electricity Generating Public Co., Ltd.
- Glencore plc
- Yancoal Australia Ltd.
- Global Power Synergy Public Company Ltd
- Glow Energy Public Co., Ltd.
- PT Bukit Asam Tbk
- Asia Green Energy PCL
- PT Bumi Resources Tbk Class A
- PT Golden Energy Mines Tbk
- Siam Cement Public Co. Ltd.
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Last Updated on 21 Aug, 2019