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Charoen Pokphand Foods Public Co. Ltd.
- 26.00 THB
- +0.50
- +1.96%
Thailand
Mar 19, 2019Ticker
BKK(CPF)Prev. close
25.50Market cap (THB)
219,586.67MMarket cap (USD)
6,932.49MShares
8,611.24M
In the news
- Thai seafood industry buoyed by lifting of EU 'yellow card' Jan 10, 2019
- Thailand's CP Foods inks deal for advanced Brazilian shrimp farm Apr 19, 2018
- UN goals spur Asian companies to alter buying habits Apr 5, 2018
- Southeast Asia's vulnerable migrants pose an economic dilemma Mar 6, 2018
- Thailand ponders law change on fresh claims of fishermen abuse Feb 15, 2018 See more articles on Charoen Pokphand Foods Public Co. Ltd.
Company Background
Charoen Pokphand Foods is the core agribusiness arm of Thailand's largest conglomerate, Charoen Pokphand Group, with sales accounting for about 30% of the group's revenue.
Its main businesses are animal feed, shrimp farming and livestock farming. It also operates restaurants, food courts and retailers, such as CP Fresh Mart, a small supermarket that sells CP products.
The company's roots date back to the 1920s, when the founders started a small seed shop in Bangkok. They then expanded the business into animal feed production and later livestock farming, processing, marketing and distribution.
CP Foods has subsidiaries in nearly 20 countries and exports to more than 40. In 2012, it acquired CP Pokphand, which is in charge of agribusiness operations in China and Vietnam, from CP Group and made it a subsidiary. In 2014, it sold 25% of CPP's stake to Japanese trading house Itochu as part of a cross-shareholding deal between Itochu and CP Group.
CP Group and CP Foods Chairman Dhanin Chearavanont took over from his father in 1969. Adirek Sripratak, the company's chief executive officer since 2003, is not from the founding family.
Business Summary
Financial Highlights
| Dec 2018 | THB | USD |
| Revenue | 541,937.39M | 16,764.10M |
| Gross Profit | 62,636.19M | 1,937.56M |
| Operating income | 14,036.46M | 434.19M |
| Income before tax | 19,293.46M | 596.81M |
| Net income | 14,931.47M | 461.88M |
| EBITDA | 36,443.88M | 1,127.34M |
| Diluted EPS | 1.82 | 0.05 |
| Dividends Per Share | 0.65 | 0.02 |
| Total Assets | 628,090.85M | 19,290.25M |
| Total liabilities | 424,432.59M | 13,035.39M |
| Total equity | 150,533.15M | 4,623.25M |
| Operating cash flow | 7,501.38M | 232.04M |
| Currency in THB | Currency in USD |
Historical Data
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 426,039M | 421,355M | 464,464M | 501,507.49M | 541,937.39M |
| Gross Profit | 54,794M | 55,375M | 70,039M | 57,052.94M | 62,636.19M |
| Operating income | 14,502M | 11,202M | 27,502M | 8,740.86M | 14,036.46M |
| Income before tax | 13,009M | 14,807M | 21,386M | 10,165.91M | 19,293.46M |
| Net income | 10,561M | 11,059M | 14,703M | 14,746.32M | 14,931.47M |
| EBITDA | 29,107M | 22,708M | 46,010M | 29,989.54M | 36,443.88M |
| Diluted EPS | 1.60 | 1.50 | 1.99 | 1.91 | 1.82 |
| Dividends Per Share | 0.75 | 0.75 | 0.95 | 0.75 | 0.65 |
| Total Assets | 416,764M | 494,263M | 582,179M | 593,496.94M | 628,090.85M |
| Total liabilities | 252,798M | 320,538M | 388,473M | 381,855.09M | 424,432.59M |
| Total equity | 117,532M | 116,365M | 133,698M | 153,015.19M | 150,533.15M |
| Operating cash flow | 18,796M | 15,177M | 24,679M | 10,041.84M | 7,501.38M |
| Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | |
| Revenue | 13,115.52M | 12,294.20M | 13,164.86M | 14,779.11M | 16,764.10M |
| Gross Profit | 1,686.82M | 1,615.71M | 1,985.20M | 1,681.31M | 1,937.56M |
| Operating income | 446.44M | 326.84M | 779.52M | 257.58M | 434.19M |
| Income before tax | 400.47M | 432.03M | 606.16M | 299.58M | 596.81M |
| Net income | 325.11M | 322.67M | 416.74M | 434.56M | 461.88M |
| EBITDA | 896.05M | 662.56M | 1,304.11M | 883.77M | 1,127.34M |
| Diluted EPS | 0.04 | 0.04 | 0.05 | 0.05 | 0.05 |
| Dividends Per Share | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Total Assets | 12,667.59M | 13,735.25M | 16,257.21M | 18,211.01M | 19,290.25M |
| Total liabilities | 7,683.82M | 8,907.54M | 10,848.01M | 11,716.94M | 13,035.39M |
| Total equity | 3,572.40M | 3,233.70M | 3,733.48M | 4,695.15M | 4,623.25M |
| Operating cash flow | 578.63M | 442.83M | 699.50M | 295.92M | 232.04M |
Valuation Measures
| Dec 2018 | |
| PER | 13.48 |
| ROA | 2.44% |
| ROE | 9.83% |
| Operating margin | 2.59% |
| Profit margin | 2.75% |
Key executives
- Co-President & Director: Adirek Sripratak
- Co-President, Director & CEO-Agro Business: Sooksunt Jiumjaiswanglerg
- Co-President, Director & CEO-Food Business: Sukhawat Dansermsuk
- Chief Financial Officer & Executive Director: Paisan Chirakitcharern
- EVP-Food Processing Technology & Engineering Unit: Anurat Suthamnirun
Shareholders
- CHEARAVANONT FAMILY (35.9%)
- GIC Pte Ltd. (Investment Management) (3.9%)
- Charoen Pokphand Foods Public Co. Ltd. (3.9%)
- Social Security Office of Thailand (3.8%)
- The Vanguard Group, Inc. (1.2%)
- TIEANWORN PRINYA (1.0%)
- Dimensional Fund Advisors LP (0.7%)
- TMB Asset Management Co., Ltd. (0.4%)
- Causeway Capital Management LLC (0.3%)
- LOHAWATANAKUL CHINGCHAI (0.2%)
Contact Details
- Website:http://www.cpfworldwide.com/en
- Address: C. P. Tower, 313 Silom Road, Bangkok, 10500, Thailand
- Phone: +66.2.625.8000
Related Companies
- CP Aquaculture (Zhanjiang) Co. Ltd.
- Zhangzhou C.P Chia Tai Aquaculture Co. Ltd.
- Charoen Pokphand Intertrade Singapore (Pte) Ltd.
- Severnaya Poultry Farm OJSC
- Charoen Pokphand Holdings (Malaysia) Sdn. Bhd.
- Cpf Netherlands BV
- C.P. Food Products Co. Ltd.
- Chia Tai Feed (Yushu) Co. Ltd.
- CP Foods International Ltd.
- C.P. Foods Holdings Ltd.
- Charoen Pokphand Foods Kenya Co., Ltd.
- Chia Tai Group Co., Ltd.
- CPF (Thailand) Public Co. Ltd.
- Hsin Chung Holdings Ltd.
- Pai Shih Investment Ltd.
- Charoen Pokphand Foods (Malaysia) Sdn. Bhd.
- CPF Tokyo Co., Ltd.
- CPF Denamrk A/S
- Seafoods Enterprise Co. Ltd.
- International Pet Food Co., Ltd.
- BP Food Products Co. Ltd.
- CPF Training Center Co. Ltd.
- C.P. Aquaculture (Dongfang) Co. Ltd.
- CP Aquaculture (Beihei) Co. Ltd.
- Seafood Enterprises Co.
- Charoen Pokpand Fuds Zarubezhnye Investitsii
- Fusion Foods Ltd.
- Rajburi Food Co. Ltd.
- C.P. Food Store Co. Ltd.
- Chester's Food Co. Ltd.
Competitors
- San Miguel Food & Beverage, Inc.
- Cherkizovo Group PJSC
- Clearwater Seafoods Inc.
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Last Updated on 19 Mar, 2019