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Central Pattana Public Co. Ltd.
- 79.50 THB
- -0.50
- -0.63%
Thailand
Apr 20, 2018Ticker
BKK(CPN)Prev. close
80.00Market cap (THB)
359,040MMarket cap (USD)
11,463.60MShares
4,488M
In the news
- 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
- Asian family conglomerates: Management at Central Group is no longer a family affair Sep 14, 2017
- Thai crown holdings at center of Bangkok redevelopment blitz Aug 21, 2017
- To preserve the family business, prune and diversify Dec 1, 2016 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 2017 | THB | USD |
| Revenue | 28,808.21M | 848.96M |
| Gross Profit | 13,798.65M | 406.63M |
| Operating income | 8,816.26M | 259.80M |
| Income before tax | 14,625.32M | 430.99M |
| Net income | 13,567.64M | 399.83M |
| EBITDA | 14,494.64M | 427.14M |
| Diluted EPS | 3.02 | 0.08 |
| Dividends Per Share | 1.40 | 0.04 |
| Total Assets | 120,573.59M | 3,699.71M |
| Total liabilities | 56,693.80M | 1,739.60M |
| Total equity | 61,801.02M | 1,896.31M |
| Operating cash flow | 26,913.79M | 793.13M |
| Currency in THB | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 19,913.17M | 22,368.98M | 24,307.01M | 27,660.69M | 28,808.21M |
| Gross Profit | 8,857.47M | 10,196.07M | 11,141.10M | 13,115.60M | 13,798.65M |
| Operating income | 5,113.47M | 6,409.25M | 7,134.11M | 8,580.63M | 8,816.26M |
| Income before tax | 6,909.32M | 7,993.11M | 8,698.94M | 10,180.44M | 14,625.32M |
| Net income | 6,292.52M | 7,306.95M | 7,880.31M | 9,243.79M | 13,567.64M |
| EBITDA | 9,609.71M | 11,105.18M | 11,046.14M | 13,254.01M | 14,494.64M |
| Diluted EPS | 1.42 | 1.63 | 1.76 | 2.06 | 3.02 |
| Dividends Per Share | 0.55 | 0.65 | 0.70 | 0.83 | 1.40 |
| Total Assets | 77,538.77M | 89,604.84M | 103,044.63M | 104,976.79M | 120,573.59M |
| Total liabilities | 40,715.13M | 47,856.92M | 56,243.51M | 51,971.99M | 56,693.80M |
| Total equity | 36,178.42M | 41,020.70M | 45,936.59M | 52,037.04M | 61,801.02M |
| Operating cash flow | 10,582.42M | 21,735.11M | 13,835.44M | 14,609.08M | 26,913.79M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 648.02M | 688.62M | 709.22M | 784.02M | 848.96M |
| Gross Profit | 288.24M | 313.88M | 325.07M | 371.75M | 406.63M |
| Operating income | 166.40M | 197.30M | 208.15M | 243.21M | 259.80M |
| Income before tax | 224.84M | 246.06M | 253.81M | 288.55M | 430.99M |
| Net income | 204.77M | 224.94M | 229.92M | 262.00M | 399.83M |
| EBITDA | 312.72M | 341.87M | 322.30M | 375.67M | 427.14M |
| Diluted EPS | 0.04 | 0.05 | 0.05 | 0.05 | 0.08 |
| Dividends Per Share | 0.01 | 0.02 | 0.02 | 0.02 | 0.04 |
| Total Assets | 2,359.67M | 2,723.55M | 2,863.54M | 2,931.45M | 3,699.71M |
| Total liabilities | 1,239.04M | 1,454.61M | 1,562.97M | 1,451.30M | 1,739.60M |
| Total equity | 1,100.98M | 1,246.82M | 1,276.54M | 1,453.12M | 1,896.31M |
| Operating cash flow | 344.37M | 669.11M | 403.68M | 414.08M | 793.13M |
Valuation Measures
| Dec 2017 | |
| PER | 28.22 |
| ROA | 12.03% |
| ROE | 23.83% |
| Operating margin | 30.60% |
| Profit margin | 47.09% |
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%)
- Genesis Investment Management LLP (1.9%)
- The Vanguard Group, Inc. (1.8%)
- Social Security Office of Thailand (1.5%)
- OSATHANUGRAH NITTI (1.1%)
- CHIRATHIVAT PRIN (0.9%)
- CHIRATHIVAT TOS (0.9%)
- APG Asset Management NV (0.8%)
- CHIRATHIVAT SUDTHIDEJ (0.7%)
- CHIRATHIVAT PICHAI (0.6%)
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
Related Companies
- Central Pattana Development Co. Ltd.
- CPN Rayong Co. Ltd.
- CPN City Co. Ltd.
- Central Food Avenue Co. Ltd.
- CPN Pattaya Co. Ltd.
- Lungsuan Realty Co. Ltd.
- Cetral Pattana Nine Square Co. Ltd.
- Central Pattana Chonburi Co. Ltd.
- Central Pattana Rattanathibet Co. Ltd.
- Korat Land Owner Co. Ltd.
- CPN Learning Center Co. Ltd.
- W.Estate Co. Ltd.
- Bangna Central Property Co. Ltd.
- CPN Global Co. Ltd.
- Central Pattana Nine Square Co. Ltd.
- Central Realty Service Rama 3 Co. Ltd.
- Central Pattana Rama 3 Co. Ltd.
- Rachada Nonsee Department Store Co Ltd
Competitors
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