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Distribution Services

Saha Pathanapibul Public Co., Ltd.

  • 53.50 THB
  • 0.00
  • 0.00%
  • Thailand
    Aug 16, 2018
  • Ticker
    BKK(SPC)
  • Prev. close
    53.50
  • Market cap (THB)
    17,655M
  • Market cap (USD)
    530.33M
  • Shares
    330M

Company Background

Saha Pathanapibul is the main production and distribution arm of Thai consumer goods conglomerate Saha Group. The company makes and distrubutes more than 600 products under 90 brands, including Mama noodles. Its products are mainly sold through traditional mom-and-pop stores.

The Saha Group, founded in 1942 by an ethnic Chinese, Thiam Chokwatana, began as a wholesaler of consumer goods, later expanding into manufacturing through joint ventures with Japanese partners entering the Thai market. Consumer products maker Lion was one of its first partners. Thiam's son Boonsithi, the current chairman of Saha Group, continued the company's expansion after taking over from his father.

The group now has more than 300 affiliates, of which nearly half are joint ventures with Japanese companies.

Boonchai, the younger brother of Boonsithi, is chairman and CEO of Saha Pathanapibul. His twin brother Boonkiet heads ICC International, another listed subsidiary that mainly distributes cosmetics and apparel brands to department stores.

Saha Pathanapibul is expanding into retail in partnership with Japanese companies, such as convenience store chain Lawson and drugstore chain Tsuruha Holdings.

Business Summary

Saha Pathanapibul Public Co., Ltd. engages in the business of consumer goods distribution and property development business. It operates through the follwoing segments: Consumer Products and Office Building. The Consumer Products segment engages in the business of investment in real estate projects and services. The Office Building segment engages in business of office building for rent. Saha Pathanapibul Public was founded by Thiam Chokwatana in 1942 and is headquartered in Bangkok, Thailand.

Financial Highlights

Dec 2017 THBUSD
Revenue31,619.47M931.80M
Gross Profit5,481.59M161.53M
Operating income1,715.63M50.55M
Income before tax1,970.69M58.07M
Net income1,534.19M45.21M
EBITDA1,860.12M54.81M
Diluted EPS4.650.13
Dividends Per Share1.500.04
Total Assets25,750.86M790.14M
Total liabilities9,396.51M288.32M
Total equity16,199.18M497.05M
Operating cash flow1,608.93M47.41M
Currency in THBCurrency in USD

Historical Data

 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 26,434.06M 26,617.89M 29,189.30M 32,968.19M 31,619.47M
Gross Profit 4,756.43M 4,850.84M 5,091.59M 5,581.13M 5,481.59M
Operating income 829.46M 1,150.87M 1,253.69M 1,356.12M 1,715.63M
Income before tax 1,336.38M 1,562.12M 1,594.38M 1,595.17M 1,970.69M
Net income 1,035.84M 1,231.75M 1,399.94M 1,363.09M 1,534.19M
EBITDA 959.17M 1,275.01M 1,404.26M 1,485.16M 1,860.12M
Diluted EPS 3.23 3.78 4.25 4.13 4.65
Dividends Per Share 1 1 1.10 1.30 1.50
Total Assets 16,420.43M 18,956.47M 20,498.62M 23,055.61M 25,750.86M
Total liabilities 6,721.03M 7,454.27M 8,157.34M 9,335.89M 9,396.51M
Total equity 9,658.66M 11,457.12M 12,243.70M 13,600.30M 16,199.18M
Operating cash flow 1,308.27M 1,146.52M 1,666.30M 2,710.23M 1,608.93M
 Dec 2013Dec 2014Dec 2015Dec 2016Dec 2017
Revenue 860.22M 819.42M 851.67M 934.45M 931.80M
Gross Profit 154.78M 149.33M 148.56M 158.19M 161.53M
Operating income 26.99M 35.42M 36.58M 38.43M 50.55M
Income before tax 43.48M 48.08M 46.52M 45.21M 58.07M
Net income 33.70M 37.91M 40.84M 38.63M 45.21M
EBITDA 31.21M 39.25M 40.97M 42.09M 54.81M
Diluted EPS 0.10 0.11 0.12 0.11 0.13
Dividends Per Share 0.03 0.03 0.03 0.03 0.04
Total Assets 499.70M 576.18M 569.64M 643.82M 790.14M
Total liabilities 204.53M 226.57M 226.68M 260.70M 288.32M
Total equity 293.93M 348.24M 340.24M 379.78M 497.05M
Operating cash flow 42.57M 35.29M 48.61M 76.81M 47.41M

Valuation Measures

Dec 2017
PER11.29
ROA6.28%
ROE10.29%
Operating margin5.42%
Profit margin4.85%

Key executives

  • Chairman & Chief Executive Officer: Boonchai Chokwatana
  • President & Executive Director: Vathit Chokwatana
  • Manager-Finance & Accounting Division: Chalermpol Kumnerdsirikul
  • Manager-Information Technology: Pipat Kowsupamongkol
  • Manager-Sales Division I: Vora Punkamol

Shareholders

  • Saha Pathana Inter-Holding Public Co. Ltd. (20%)
  • I.C.C. International Public Co., Ltd. (10.1%)
  • Lion Corp. (9.7%)
  • CHOKWATANA FAMILY (7.4%)
  • Nissin Foods Holdings Co., Ltd. (4.9%)
  • Kewpie Corp. (4.8%)
  • POONSAKUDOMSIN VEERAPAT (4.8%)
  • I.D.F. Co., Ltd. (4.0%)
  • MANOONPOL SAMRENG (3.6%)
  • LOTTE Holdings Co., Ltd. (2.4%)

Contact Details

  • Website:http://www.sahapat.co.th
  • Address: 2156 New Petchburi Road, Bangkapi, Bangkok, 10320, Thailand
  • Phone: +66.2.318.0062

Related Companies

  • Saha Vietnam Co., Ltd.
  • TSURUHA (Thailand) Co Ltd
  • Chokchaipibul Co. Ltd.
  • Dairy Thai Co Ltd
  • Sahacogen Chonburi Ltd.
  • Rojana Operations of Covanta Energy Corp

Competitors

    Last Updated on 16 Aug, 2018

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