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Consumer Non-Durables

Thai Union Group Public Co. Ltd.

Business Summary

Thai Union Group Public Co. Ltd. is engaged in the manufacture and sale of frozen, chilled, and canned seafood. It operates through the following business segments: Ambient Seafood; Frozen and Chilled Seafood and Related Business; and Pet Food, Value-Added, and Other. The Ambient Seafood segment includes tuna, sardine, salmon, specialty seafood, and pelagic fishes. The Frozen and Chilled Seafood and Related Business segment comprises of seafood items that are sold directly to restaurants, hotels, and food catering units as ingredients for further processing at kitchens. The Pet Food, Value-Added, and Other segment offers pet care, seafood, non-seafood, sub-materials, and sales of scrap. The company was founded on March 17, 1988 and is headquartered in Samut Sakhon, Thailand.

Financial Highlights

Dec 2019 THBUSD
Revenue126,275.24M4,067.51M
Gross Profit19,566.29M630.26M
Operating income4,491.35M144.67M
Income before tax3,836.74M123.58M
Net income3,918.32M126.21M
EBITDA8,182.22M263.56M
Diluted EPS0.790.02
Dividends Per Share0.470.01
Total Assets141,909.04M4,737.60M
Total liabilities96,063.77M3,207.06M
Total equity42,473.51M1,417.96M
Operating cash flow10,313.33M332.20M
Currency in THBCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 124,904.26M 134,375.11M 134,937.26M 133,284.63M 126,275.24M
Gross Profit 19,591.93M 19,486.37M 18,864.72M 18,408.67M 19,566.29M
Operating income 8,668.67M 6,943.62M 5,089.29M 4,011.33M 4,491.35M
Income before tax 8,018.62M 6,520.32M 6,225.55M 4,225.51M 3,836.74M
Net income 6,388.39M 5,526.38M 6,275.51M 3,969.30M 3,918.32M
EBITDA 11,394.84M 9,926.61M 7,850.10M 7,000.24M 8,182.22M
Diluted EPS 1.13 1.10 1.25 0.68 0.79
Dividends Per Share 0.63 0.63 0.66 0.40 0.47
Total Assets 110,911.20M 142,365.46M 146,091.81M 141,916.08M 141,909.04M
Total liabilities 62,941.40M 94,929.52M 98,040.42M 95,422.03M 96,063.77M
Total equity 45,216.22M 43,242.67M 44,283.65M 43,233.47M 42,473.51M
Operating cash flow 14,246.93M 6,644.44M 5,479.30M 11,946.32M 10,313.33M
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 3,644.42M 3,808.75M 3,976.51M 4,122.98M 4,067.51M
Gross Profit 571.64M 552.32M 555.93M 569.44M 630.26M
Operating income 252.93M 196.81M 149.97M 124.08M 144.67M
Income before tax 233.96M 184.81M 183.46M 130.71M 123.58M
Net income 186.39M 156.64M 184.93M 122.78M 126.21M
EBITDA 332.47M 281.36M 231.33M 216.54M 263.56M
Diluted EPS 0.03 0.03 0.03 0.02 0.02
Dividends Per Share 0.01 0.01 0.01 0.01 0.01
Total Assets 3,082.15M 3,975.52M 4,482.71M 4,358.60M 4,737.60M
Total liabilities 1,749.10M 2,650.88M 3,008.29M 2,930.65M 3,207.06M
Total equity 1,256.52M 1,207.54M 1,358.81M 1,327.80M 1,417.96M
Operating cash flow 415.69M 188.33M 161.47M 369.54M 332.20M

Valuation Measures

Dec 2019
PER16.88
ROA2.76%
ROE9.14%
Operating margin3.55%
Profit margin3.10%

Key executives

  • President, Chief Executive Officer & Director: Thiraphong Chansiri
  • Group Chief Financial Officer: Joerg Ayrle
  • Director, President-Global Frozen & Related Units: Rittirong Boonmechote
  • Executive Director & Group Director-HR: Shue Chung Chan
  • Global Director-Corporate Affairs & Sustainability: Darian May McBain

Shareholders

  • Mitsubishi Corp. (7.2%)
  • Social Security Office of Thailand (7.1%)
  • BBL Asset Management Co., Ltd. (5.7%)
  • NIRUTTINANON CHENG (4.2%)
  • CHANSIRI THIRAPHONG (4.1%)
  • CHANSIRI KRAISORN (3.6%)
  • CHANSIRI DISPOL (2.5%)
  • CHANSIRI PORNNAPA (2.2%)
  • GIC Pte Ltd. (Investment Management) (2.0%)
  • CHAN TIN SHU (1.4%)

Contact Details

Related Companies

  • MerAlliance Poland Sp zoo
  • Thai Union Group Venture
  • Thai Union Germany GmbH
  • Thammachart Seafood Retail Co. Ltd.
  • Thai Union EU Seafood 1 SA
  • Thai Union Canada, Inc.
  • Thai Union EU Seafood 2 S.A.
  • Bumble Bee Holdco SCA
  • Songkhla Canning Plc
  • King Oscar AS
  • PT Juifa International Foods Co. Ltd.
  • Thai Union Graphic Co., Ltd.
  • Thai Union FeedMill Public Co., Ltd.
  • Songkla Canning Public Co. Ltd.
  • T-Holding Co. Ltd.
  • Rugen Fisch AG
  • Yueh Chyang Canned Food Co. Ltd.
  • Thai Union Europe SAS
  • Tri-Union Frozen Foods Products LLC
  • Thai Union Numhong Co Ltd
  • COSI Trading Shanghai Co Ltd
  • Marine Biotech Co Ltd
  • Thai Marine Development Products Co Ltd
  • Sheffield Wednesday Football Club Ltd.
  • Thai Union Manufacturing Co. Ltd.
  • Songkla Canning Co. Ltd.
  • Tri-Union Seafoods LLC
  • Thai Union International, Inc.

Competitors

  • Premier Marketing Public Co. Ltd.
  • Del Monte Pacific Limited
  • Maruha Nichiro Corp.
  • Aboitiz Equity Ventures Inc.
Last Updated on 27 Mar, 2020

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