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Ichitan Group Public Co., Ltd.
- 4.62 THB
- +0.14
- +3.13%
Thailand
Aug 14, 2018Ticker
BKK(ICHI)Prev. close
4.48Market cap (THB)
5,824MMarket cap (USD)
175.15MShares
1,300M
In the news
- Thailand's 'war on sugar' aims to slim people and fatten coffers Dec 11, 2017
- Can Asia fall in love with tea again? Oct 25, 2017
- Tears and taxes take a toll on Thai brewers Oct 5, 2017
- Thai 'sin tax' hike hits beer sales with nation in mourning Sep 30, 2017
- Ichitan dives into energy drinks with Red Bull inventors on the rocks Jun 4, 2017 See more articles on Ichitan Group Public Co., Ltd.
Company Background
Ichitan Group is Thailand's largest bottled tea producer, with a market share of more than 40%. Its two major brands are Ichitan Green Tea and Yen Yen. Founder and CEO Tan Passakornatee is an ethnic Chinese tycoon known for some rather entertaining performances, appearing in TV commercials wearing his trademark captain's hat. He also founded the Oishi Group, Ichitan's largest rival by market share, in 1999, sparking a sweet-tea boom in Thailand.
Tan set up Ichitan in 2010 after selling Oishi to Thai Beverage, the Singapore-listed, Thailand-based beverage maker that produces Chang beer.
As its first step outside Thailand, Ichitan is entering the Indonesian market through a joint venture with Japanese trading house Mitsubishi Corp. and Indonesian retailer Sigmantra Alfindo. Sales are set to start in 2015, and in-country production in 2016.
The company also acquired the trademark and production technologies of fruity beverage brand Bireley's for distribution in Thailand and 15 other countries and regions, such as the U.S., China and neighboring Southeast Asian nations.
Business Summary
Financial Highlights
| Dec 2017 | THB | USD |
| Revenue | 5,687.51M | 167.60M |
| Gross Profit | 1,341.45M | 39.53M |
| Operating income | 496.56M | 14.63M |
| Income before tax | 434.12M | 12.79M |
| Net income | 315.09M | 9.28M |
| EBITDA | 1,019.75M | 30.05M |
| Diluted EPS | 0.24 | 0.00 |
| Dividends Per Share | 0.15 | 0.00 |
| Total Assets | 8,626.30M | 264.69M |
| Total liabilities | 2,570.12M | 78.86M |
| Total equity | 6,056.17M | 185.82M |
| Operating cash flow | 1,178.37M | 34.72M |
| Currency in THB | Currency in USD |
Historical Data
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 6,484.37M | 6,179.08M | 6,339.57M | 5,338.26M | 5,687.51M |
| Gross Profit | 2,048.21M | 2,102.48M | 2,110.87M | 1,380.05M | 1,341.45M |
| Operating income | 997.80M | 1,210.77M | 965.27M | 526.31M | 496.56M |
| Income before tax | 883.65M | 1,019.64M | 905.30M | 424.89M | 434.12M |
| Net income | 883.65M | 1,078.76M | 812.74M | 368.48M | 315.09M |
| EBITDA | 1,264.95M | 1,580.68M | 1,453.44M | 1,039.78M | 1,019.75M |
| Diluted EPS | 0.88 | 0.89 | 0.63 | 0.28 | 0.24 |
| Dividends Per Share | -- | 1 | 0.50 | 0.25 | 0.15 |
| Total Assets | 6,540.93M | 9,009.23M | 8,854.28M | 8,626.86M | 8,626.30M |
| Total liabilities | 4,572.62M | 2,814.29M | 2,821.83M | 2,875.61M | 2,570.12M |
| Total equity | 1,968.31M | 6,194.93M | 6,032.44M | 5,751.25M | 6,056.17M |
| Operating cash flow | 783.57M | 1,362.29M | 1,281.63M | 1,214.22M | 1,178.37M |
| Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | |
| Revenue | 211.01M | 190.22M | 184.97M | 151.30M | 167.60M |
| Gross Profit | 66.65M | 64.72M | 61.59M | 39.11M | 39.53M |
| Operating income | 32.47M | 37.27M | 28.16M | 14.91M | 14.63M |
| Income before tax | 28.75M | 31.38M | 26.41M | 12.04M | 12.79M |
| Net income | 28.75M | 33.20M | 23.71M | 10.44M | 9.28M |
| EBITDA | 41.16M | 48.66M | 42.40M | 29.47M | 30.05M |
| Diluted EPS | 0.02 | 0.02 | 0.01 | 0.00 | 0.00 |
| Dividends Per Share | -- | 0.03 | 0.01 | 0.00 | 0.00 |
| Total Assets | 199.05M | 273.83M | 246.05M | 240.90M | 264.69M |
| Total liabilities | 139.15M | 85.54M | 78.41M | 80.30M | 78.86M |
| Total equity | 59.89M | 188.29M | 167.63M | 160.60M | 185.82M |
| Operating cash flow | 25.49M | 41.93M | 37.39M | 34.41M | 34.72M |
Valuation Measures
| Dec 2017 | |
| PER | 37.91 |
| ROA | 3.65% |
| ROE | 5.33% |
| Operating margin | 8.73% |
| Profit margin | 5.54% |
Key executives
- Chairman & Chief Executive Officer: Tan Passakornnatee
- Executive Vice President-Accounting & Finance: Preecha Augcharanonda
- Director & Executive Vice President-Beverage: Thanapan Kongnanta
- Director & Executive Vice President-Factory: Wiroj Supasoon
- Secretary: Apichat Sukachirawat
Shareholders
- PASSAKORNNATEE TAN (27.7%)
- SUKKHAPHANTHAWON JARUWORN (6.3%)
- PHATKRONTHI ING (4.6%)
- PHATSAKRONTHI KLAINATHI (4.6%)
- PHATSAKRONTHI PHATSAKON (4.6%)
- PHATSAKRONTHI WARISA (4.0%)
- SUKKHAPHANTHAWON CHARUWAT (3.0%)
- CHIU YUEH CHIN (2.6%)
- SUKKHAPHANTHAWON SUPHANI (2.0%)
- CHEN MEI FANG /ICHITAN/ (1.9%)
Contact Details
- Website:http://www.ichitangroup.com
- Address: 2922/301-303, 28th Floor, Charn Issara II Bldg, Petchburi Rd, Bangkok, 10310, Thailand
- Phone: +66.2.716.5555
Related Companies
Competitors
- Oishi Group Public Co. Ltd.
- SermSuk Public Co. Ltd.
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