Central Pattana Public Co. Ltd.
- 73.25 THB
- -0.75
- -1.01%
Thailand
Jul 18, 2019Ticker
BKK(CPN)Prev. close
74.00Market cap (THB)
332,112MMarket cap (USD)
10,754.93MShares
4,488M
In the news
- Bangkok's $1.6bn megamall: Masterstroke or white elephant? Nov 16, 2018
- Central Group buys 22% stake in Thai luxury hotel chain May 12, 2018
- Central Group plans Thailand's largest outlet mall Apr 24, 2018
- Central Group aims to double sales in 5 years with online boost Mar 5, 2018
- For Thailand's retail giant Central Group, it is no longer all in the family Sep 15, 2017 See more articles on Central Pattana Public Co. Ltd.
Company Background
Central Pattana is the property development and management arm of Central Group, a Thai retail conglomeragte. It controls 20% of metropolitan Bangkok's shopping mall rental space. The company manages some 25 shopping centers nationwide under the CentralWorld, CentralPlaza and CentralFestival brands, as well as offices, hotels and residential properties.
Central Group was founded by Chinese immigrant Tiang Chirathivat. He entered the retail business in 1927, opening a general merchandise store in Bangkok and Thailand's first department store in 1956. Central Pattana was established in 1980, after Tiang was succeeded by his eldest son, Samrit, to prepare for the group's entry into shopping malls. Its first development was CentralPlaza Ladprao, which opened in 1982 in northern Bangkok. In 2006, it opened CentralWorld in central Bangkok, which became the largest shopping complex in Southeast Asia.
At present, the Central Group and the Chirathivat family hold a combined 55% stake in Central Pattana. Suthichai Chirathivat, the sixth son of Tiang, is chairman of the board.
Business Summary
Financial Highlights
| Dec 2018 | THB | USD |
| Revenue | 36,433.51M | 1,127.02M |
| Gross Profit | 18,854.50M | 583.23M |
| Operating income | 8,992.16M | 278.16M |
| Income before tax | 12,453.10M | 385.22M |
| Net income | 11,215.65M | 346.94M |
| EBITDA | 14,237.98M | 440.43M |
| Diluted EPS | 2.49 | 0.07 |
| Dividends Per Share | 1.10 | 0.03 |
| Total Assets | 161,917.87M | 4,972.90M |
| Total liabilities | 87,742.13M | 2,694.78M |
| Total equity | 65,726.01M | 2,018.61M |
| Operating cash flow | 17,463.11M | 540.19M |
| Currency in THB | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 22,368.98M | 24,307.01M | 27,660.69M | 31,117.28M | 36,433.51M |
| Gross Profit | 10,196.07M | 11,141.10M | 13,115.60M | 16,107.72M | 18,854.50M |
| Operating income | 6,409.25M | 7,134.11M | 8,580.63M | 11,125.32M | 8,992.16M |
| Income before tax | 7,993.11M | 8,698.94M | 10,180.44M | 14,625.32M | 12,453.10M |
| Net income | 7,306.95M | 7,880.31M | 9,243.79M | 13,567.64M | 11,215.65M |
| EBITDA | 11,105.18M | 11,046.14M | 13,254.01M | 16,803.70M | 14,237.98M |
| Diluted EPS | 1.63 | 1.76 | 2.06 | 3.02 | 2.49 |
| Dividends Per Share | 0.65 | 0.70 | 0.83 | 1.40 | 1.10 |
| Total Assets | 89,604.84M | 103,044.63M | 104,976.79M | 120,948.88M | 161,917.87M |
| Total liabilities | 47,856.92M | 56,243.51M | 51,971.99M | 57,069.10M | 87,742.13M |
| Total equity | 41,020.70M | 45,936.59M | 52,037.04M | 61,801.02M | 65,726.01M |
| Operating cash flow | 21,735.11M | 13,835.44M | 14,609.08M | 26,913.79M | 17,463.11M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 688.62M | 709.22M | 784.02M | 917.00M | 1,127.02M |
| Gross Profit | 313.88M | 325.07M | 371.75M | 474.68M | 583.23M |
| Operating income | 197.30M | 208.15M | 243.21M | 327.85M | 278.16M |
| Income before tax | 246.06M | 253.81M | 288.55M | 430.99M | 385.22M |
| Net income | 224.94M | 229.92M | 262.00M | 399.83M | 346.94M |
| EBITDA | 341.87M | 322.30M | 375.67M | 495.19M | 440.43M |
| Diluted EPS | 0.05 | 0.05 | 0.05 | 0.08 | 0.07 |
| Dividends Per Share | 0.02 | 0.02 | 0.02 | 0.04 | 0.03 |
| Total Assets | 2,723.55M | 2,863.54M | 2,931.45M | 3,711.22M | 4,972.90M |
| Total liabilities | 1,454.61M | 1,562.97M | 1,451.30M | 1,751.12M | 2,694.78M |
| Total equity | 1,246.82M | 1,276.54M | 1,453.12M | 1,896.31M | 2,018.61M |
| Operating cash flow | 669.11M | 403.68M | 414.08M | 793.13M | 540.19M |
Valuation Measures
| Dec 2018 | |
| PER | 29.91 |
| ROA | 7.92% |
| ROE | 17.58% |
| Operating margin | 24.68% |
| Profit margin | 30.78% |
Key executives
- President, Chief Executive Officer & Director: Preecha Ekkunagul
- Senior Executive Vice President-Operation: Pakorn Partanapat
- SEVP-Finance, Accounting & Risk Management: Naparat Sriwanvit
- Senior Executive Vice President: Suthipak Chirathivat
- Secretary & Vice President: Ampawee Chompoopongkasem
Shareholders
- Central Holding Co. Ltd. (26.2%)
- Bank of Singapore Ltd. (3.0%)
- Social Security Office of Thailand (2.1%)
- The Vanguard Group, Inc. (1.7%)
- OSATHANUGRAH NITTI (1.1%)
- APG Asset Management NV (0.9%)
- CHIRATHIVAT PRIN (0.9%)
- CHIRATHIVAT TOS (0.9%)
- Genesis Investment Management LLP (0.8%)
- CHIRATHIVAT SUDTHIDEJ (0.7%)
Contact Details
- Website:http://www.cpn.co.th
- Address: 31F, The Offices at Centralworld, 999/9 Rama 1 Road, Bangkok, 10330, Thailand
- Phone: +66.2.667.5555
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Competitors
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Last Updated on 18 Jul, 2019