CP All Public Co. Ltd.

In the news

Thai tycoon's grandson takes on Slack and Facebook in work chat Jul 19, 2019
Thai magnate grooms new generation for $63bn CP empire Jun 14, 2019
Exclusive: Thai billionaire 'open' to outside CEO at CP Group Jun 13, 2019
Beer and cars fuel optimism for Asian corporate profits May 17, 2018
Poaching scandal piles pressure on Thailand's construction mogul Mar 23, 2018

See more articles on CP All Public Co. Ltd.

Company Background

CP All operates 7-Eleven convenience stores in Thailand. Opening its first store in 1989, it has expanded the chain's reach in Thailand to become the world's third largest 7-Eleven network after Japan and the U.S. It operates around 8,000 outlets. It aims to have 10,000 stores serving customers by 2017.

Conglomerate Charoen Pokphand Group, led by ethnic Chinese billionaire Dhanin Chearavanont, and its subsidiaries are the major shareholders in CP All, controlling a combined stake of around 42%.

Dhanin chairs the board of directors, but everyday operations are in the hands of Vice Chairman Korsak Chairasmisak and CEO Tanin Buranamanit. Neither Korsak nor Tanin are related to the Chearavanont family.

Korsak started his career at the Thai arm of a German chemical company, Hoechst, but joined CP as a feed ingredient purchasing manager in 1973. He has been with the group ever since. He is also CP Group vice chairman. Tanin took over the CEO post of CP All from Korsak in 2013. Tanin has been with CP All for more than a decade, mainly in the field of marketing.

In 2013, CP All acquired discount retailer Siam Makro for about $5.8 billion -- the biggest corporate takeover by a Thai company ever.

Business Summary

CP All Public Co. Ltd. engages in the operation of convenience stores under the 7-Eleven trademark. It involves in the bill payment services business; distribution and repair of retail equipment; and manufacture and sale of frozen food and bakery. The company operates through the following segments: Convenience Stores, Cash and Carry and Others. CP All Public was founded in 1988 and is headquartered in Bangkok, Thailand.

Financial Highlights

Dec 2018	THB	USD
Revenue	508,552.47M	15,731.38M
Gross Profit	104,625.23M	3,236.44M
Operating income	13,040.10M	403.37M
Income before tax	25,151.70M	778.03M
Net income	19,929.65M	616.49M
EBITDA	23,185.10M	717.20M
Diluted EPS	2.21	0.06
Dividends Per Share	1.20	0.03
Total Assets	373,741.61M	11,478.55M
Total liabilities	293,832.08M	9,024.32M
Total equity	64,921.64M	1,993.90M
Operating cash flow	33,308.69M	1,030.35M
	Currency in THB	Currency in USD

Historical Data

THB | USD

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018
Revenue	357,766M	391,817M	434,711.87M	471,069.22M	508,552.47M
Gross Profit	70,982M	79,100M	87,962.82M	97,009.93M	104,625.23M
Operating income	7,514M	11,443M	11,357.77M	13,165.20M	13,040.10M
Income before tax	12,530M	16,884M	20,142.42M	23,506.08M	25,151.70M
Net income	10,154M	13,682M	16,632.51M	19,226.70M	19,929.65M
EBITDA	13,823M	18,558M	19,399.77M	22,442.20M	23,185.10M
Diluted EPS	1.13	1.52	1.85	2.14	2.21
Dividends Per Share	0.80	0.90	1	1.10	1.20
Total Assets	326,410M	329,083M	352,268.05M	360,298.56M	373,741.61M
Total liabilities	291,352M	287,408M	302,617.77M	299,978.93M	293,832.08M
Total equity	30,782M	37,349M	45,243.24M	55,423.76M	64,921.64M
Operating cash flow	19,215M	23,294M	29,876.68M	37,601.54M	33,308.69M

	Dec 2014	Dec 2015	Dec 2016	Dec 2017	Dec 2018
Revenue	11,013.75M	11,432.35M	12,321.56M	13,882.11M	15,731.38M
Gross Profit	2,185.16M	2,307.96M	2,493.23M	2,858.82M	3,236.44M
Operating income	231.31M	333.88M	321.92M	387.97M	403.37M
Income before tax	385.73M	492.63M	570.92M	692.70M	778.03M
Net income	312.58M	399.21M	471.43M	566.59M	616.49M
EBITDA	425.53M	541.48M	549.87M	661.35M	717.20M
Diluted EPS	0.03	0.04	0.05	0.06	0.06
Dividends Per Share	0.02	0.02	0.02	0.03	0.03
Total Assets	9,921.27M	9,145.00M	9,837.00M	11,055.49M	11,478.55M
Total liabilities	8,855.68M	7,986.88M	8,450.53M	9,204.63M	9,024.32M
Total equity	935.62M	1,037.90M	1,263.40M	1,700.63M	1,993.90M
Operating cash flow	591.52M	679.66M	846.83M	1,108.09M	1,030.35M

Valuation Measures

Dec 2018
PER	30.98
ROA	5.43%
ROE	33.12%
Operating margin	2.56%
Profit margin	3.91%

Key executives

Chief Executive Officer, Executive Director & MD: Tanin Buranamanit
Senior Vice President-Operations: Chairoj Tiwatmuncharoen
Senior Vice President-Accounting & Finance: Taweesak Kaewrathtanapattama
Senior Vice President-Information Technology: Kosa Pongsupath
Vice President, Head-Finance & Investor Relations: Kriengchai Boonpoapichart

Shareholders

Charoen Pokphand Foods Public Co. Ltd. (33.6%)
CHEARAVANONT FAMILY (3.6%)
GIC Pte Ltd. (Investment Management) (1.4%)
Social Security Office of Thailand (1.3%)
TIEANWORN PRINYA (1.1%)
AIA Co., Ltd. (Invt Port Thailand) (1.0%)
Sands Capital Management LLC (0.9%)
BBL Asset Management Co., Ltd. (0.7%)
Norges Bank Investment Management (0.6%)
PRUNGPATTANASAKUL TAWEERAT (0.5%)

Contact Details

Website:http://www.cpall.co.th
Address: 313 C. P. Tower, Silom Road, Kwang Silom, Bangkok, 10500, Thailand
Phone: +66.2.826.7744

Related Companies

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Dynamic Management Co. Ltd.
Mam Heart Co., Ltd.
CP Retailink Co., Ltd.
Lotus Distribution Investment Ltd.

Competitors

Tesco PLC
FamilyMart Co., Ltd.
Seven & I Holdings Co., Ltd.
Berli Jucker Public Co. Ltd.
Siam Makro Public Co. Ltd.

Last Updated on 4 Dec, 2019