Asia300

The Siam Cement Public Co. Ltd.

Thailand

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Aug 21, 2017
Prev close: 488
Aug 21, 2017
Market cap:
Market cap(USD):
585,600M
17,601.97M
Shares: 1,200M

Currency in THB

Company profile

Market(Ticker): BKK(SCC)
Sector:
Industry:
Process Industries
Chemicals: Specialty
Full time employees: --

Business summary

The Siam Cement Public Co. Ltd. is an investment holding company, which engages in the business of industrial supplies and construction industries. It operates through the following segments: SCG Cement-Building Materials, SCG Chemicals, SCG Packaging, and Other. The SCG Cement-Building Materials segment manufactures and sells of grey cement, ready-mixed concrete, white cement, dry mortar, roof tiles, concrete paving blocks, ceramic tiles, sanitary wares, and sanitary fittings; and distribution of cement, building and decorative products, as well as importing fuel products, waste paper, and scrap iron. The SCG Chemicals segment manufactures and sells of olefins, polyolefins and other chemical products. The SCG Packaging segment manufacture and sells of pulp, printing and writing paper, gypsum linerboard, kraft paper and corrugated boxes. The Other segment jointly invests with leading companies in other businesses, mainly agricultural machine, automotive parts and components and steel, as well as other services. The company was founded on June 14, 1913 and is headquartered in Bangkok, Thailand.

Company background

Siam Cement is Thailand's largest producer of construction materials. The holding company's three main units are cement and building materials, chemical products and paper. The Cotto ceramics brand is part of its cement and building materials business.

Siam Cement was established in 1913 following a royal decree by His Majesty King Rama VI to produce cement for the increased number of infrastructure projects at that time. The boom in construction was aimed at accelerating the country's economic development. The Crown Property Bureau is still the group's largest shareholder, controlling a 30% stake.

Kan Trakulhoon became CEO of Siam Cement in 2006. He assumed the leadership after filling various managerial posts in areas including the chemical, cement and ceramics sectors.

The company is now pushing to expand abroad ahead of the Asean Economic Community, due to begin at the end of 2015. Most of the company's 250-billion-baht (about $7.7 billion) investment is earmarked for projects outside Thailand over the five years through 2019. Four new cement plants are already in the pipeline for Indonesia, Cambodia, Myanmar and Laos. By increasing overseas production, Kan is aiming for a 2019 target of almost 50% of the Siam Cement global workforce being outside of Thailand, up from the current ratio of 30%.

In the news

Financial highlights

Dec 2016

  • Local currency
  • US Dollar
Revenue 423,442M
Gross profit 102,570M
Operating income 55,591M
Income before tax 57,404M
Net income 56,084M
EBITDA 78,301M
Diluted EPS 46.74
Dividends per share 19
Total assets 539,688M
Total liabilities 258,070M
Total equity 240,023M
Operating cash flow 82,184M

Currency in THB

Revenue 12,002.12M
Gross profit 2,907.26M
Operating income 1,575.68M
Income before tax 1,627.07M
Net income 1,589.65M
EBITDA 2,219.38M
Diluted EPS 1.32
Dividends per share 0.53
Total assets 15,070.66M
Total liabilities 7,206.54M
Total equity 6,702.58M
Operating cash flow 2,329.44M

Currency in USD

Valuation measures

Dec 2016

PER 10.61
ROA 10.68%
ROE 25.13%
Operating margin 13.12%
Profit margin 13.24%

Key executive

  • President, Chief Executive Officer & Director: Roongrote Rangsiyopash
  • Chief Financial Officer, VP-Finance & Investment: Chaovalit Ekabut
  • Senior Vice President: Cholanat Yanaranop
  • Vice President-Corporate Administration: Yuttana Jiamtragan
  • President-SCG Packaging: Tanawong Areeratchakul

Share holders

  • ADULYADEJ BHUMIBOL(32.0%)
  • Social Security Office of Thailand(2.1%)
  • CPB Equity Co. Ltd.(1.5%)
  • Randery Burahmaken Co. Ltd.(1.2%)
  • The Siam Cement Foundation(1.1%)
  • APG Asset Management NV(0.8%)
  • The Vanguard Group, Inc.(0.8%)
  • Nai Hang Rong Poon Phunueng Foundation(0.6%)
  • GIC Pte Ltd. (Investment Management)(0.6%)
  • BBL Asset Management Co., Ltd.(0.6%)

Address

  • Website: http://www.scg.co.th
  • Address: 1 Siam Cement Road, Bangsue, Bangkok, 10800, Thailand
  • Phone: +66.2.586.4444

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