300 Best Companies of 2021
Announcement of ranking results 300 Best Public Companies of the Year 2021 Intouch Holdings PCL. (INTUCH) was crowned the best company of the year 2021 by the Stock Exchange of Thailand (SET), while Forth Smart Service PCL. (FSMART) wins Best Company of the Year 2021, MAI Stock Exchange (mai)
The outbreak of COVID-19 and the sharp decline in oil prices are two main factors that caused the operating results of listed companies (Ltd.) in 2 to decline from last year, with a number of LTD. 2563 companies, accounting for 718% of a total of 96.2 companies (excluding real estate mutual funds, infrastructure mutual funds, companies in groups that may be delisted or NC) reported operating results as of December 746, 31, found that total sales were 2563. million baht, with a profit from core operations (Core Profit) of 10,675,905 million baht and a net profit of 736,614 million baht, a decrease of 420,836% from the previous year.
There were 509 listed companies with net profits, accounting for 70.9% of all listed companies submitting financial statements. The business category with the highest decrease in sales was Energy and public utilities business And the business category with the highest decrease in net profit is Transportation and logistics business from losses of large companies. Business categories that improved were agricultural businesses, food and beverages. Personal items and medical supplies and packaging
In terms of profitability, the company's gross profit margin increased from 20.56% to 21.10%, but its main operating profit margin decreased from 7.31% to 6.90% and its net profit margin decreased from 7.17% to 3.94% Financial position of the business at the end of 2563. Thai listed companies have continuously increased debt. Make the debt to equity ratio (excluding the financial industry) increased from the same period last year at 1.35 times to 1.58 times.
As for the operating results of listed companies on the Market for Alternative Investment (mai) in 2563, they also decreased. With total sales of 166,884 million baht, a decrease of 7.20%, a profit from main operations of 6,443 million baht, an increase of 8.3%, and a net profit of 3,371 million baht, a decrease of 63% from the previous year. In terms of financial status, mai Co., Ltd. It has total assets of 281,615 million baht, an increase of 4.6% from the end of 2562, while the total capital structure is still in a strong condition. The debt-to-equity ratio was 1.10 times, increasing from 1.03 times at the end of the year.
For ranking results 300 Best Public Companies 2021 It appears that Best Company of the Year 2021 Stock Exchange of Thailand (SET) namely Intouch Holdings Public Company Limited (INTUCH) The parent company of "AIS," the giant in the telecommunications business, and "Thaicom," the leader in the satellite business. which has held the position for the 4th year Best Company of the Year 2021 MAI Stock Exchange (mai) namely Forth Smart Service Public Company Limited (FSMART) Mobile top-up service provider - electronic payment "Boonterm"
In this regard, when the operating results in 2563 of listed companies in each industry group were taken into consideration for ranking, it appeared that The Best Companies of 2021 that were ranked No. 1 in each industry group were 8 companies. namely Intouch Holdings PCL. (INTUCH) Land and Houses PCL. (LH) Thanachart Capital PCL. (TCAP) Raj Group PCL. (RACH) Sri Trang Ae PCL. Gro Industry (STA), Polyplex (Thailand) PCL. (PTL), Sri Trang Gloves PCL. (STGT), and BTS Group Hole PCL. Dinks (BTS)
Intouch Holdings PCL. : INTUCH
Best Company of the Year 2021 Stock Exchange of Thailand (SET)
& Excellent company in technology group
Intouch Holdings Public Company Limited or INTUCH is crowned Best Company of the Year 2021 by the Stock Exchange of Thailand (SET) & Best Company in the Technology Sector. For the 4th consecutive year this year, with outstanding performance, in 2563 the company had a net profit (Net Profit) of 11,048 million baht with a profit margin (Net Profit Margin) of 248.33%.
INTUCH continues to seek new investments to create continued revenue growth in the future. By investing in the digital lifestyle business and expand investment in foreign startups. To bring technology to improve the quality of life of Thai people. Including creating a competitive advantage for the INTUCH group to access new business investment opportunities such as technology related to 5G technology, cloud, cyber security or various smart technologies. that is in line with the changing lifestyles of consumers
Mr. Anek Phanaapichon, Chief Executive Officer, Intouch Holdings Public Company Limited. Revealed that from the operating results in 2563, the company's net profit was similar to 2562, resulting from the recognition of lower profits from AIS. This is due to the economic slowdown from the impact of COVID-19. and higher competition for customers Including reduced income from tourist groups.
Thaicom's performance has improved. Reversed from a recognized loss to a profit of 211 million baht because Thaicom recorded an impairment of its satellite assets. and recognize income from compensation
Intouch maintains its policy of paying out the majority of dividends the company receives from associates and subsidiaries after deducting expenses. The dividend for the second half of the year is scheduled to be paid at 1.35 baht per share. The XD sign will be posted on February 23, 2564 and the dividend will be paid on April 22, 2564. In 2563, the company will pay a total dividend of 2.50 baht per share.”
AIS Revenue from home internet services grew 22 percent last year. Because there is an adjustment to life that requires studying. and working from home more due to the COVID-19 outbreak situation As a result, there were 3 new users, totaling approximately 2563 million users at the end of 1.3.
In terms of other income It continues to grow due to increased use of Cloud and ICT by corporate customers. Meanwhile, operating costs are similar to 2562 due to continued investment in 4G and 5G networks in 2563 at 35,000 million baht. To cover usage throughout the country as a digital life service provider with the most frequencies in Thailand. Complete all frequency bands From the low frequency band of 700 MHz, 900 MHz, the middle frequency band of 1800 MHz, 2100 MHz, 2600 MHz and the high frequency band of 26 GHz.
Thaicom Join hands with partners to expand new businesses related to technology and satellites. In the past year Thaicom had a net profit of 514 million baht, reversing from a loss in 2562 of 2,250 million baht due to the recognition of special items. In 2562, Thaicom recorded special expenses of 1,946 million baht, which was recorded as an impairment of assets. mainly satellites, while in 2563 extra income of 649 million baht was recognized, mainly from other income from compensation.
from the slowdown in the satellite industry Thaicom therefore aims to find partners to expand new businesses related to technology and satellites by establishing two new companies: Nation Space and Technology Company Limited (Nation Space) to provide business services related to satellites; ATI Technology Company Limited (ATI) to develop products and services related to unmanned aerial vehicles. or drones for agriculture
Invent Focus on investments that are in line with the lifestyles of consumers in the digital age. In 2563, Intouch invested in startup companies that are emerging businesses and that are in line with the lifestyles of consumers in the digital age. Under the Invent project, a total of 5 companies are Data Farm Company Limited, a cyber security technology business. (Cybersecurity) system penetration testing service provider and information technology auditing services for corporate customers. Axinan Pte. Ltd., a modern insurance technology business (InsurTech), provides digital insurance technology services; Paronim Company, an interactive video technology business (Interactive Video Technology) that continues Supported by artificial intelligence technology, Chomchob Group Co., Ltd., the developer of the Point Exchanges & Redeem Platform, and Swift Dynamics Co., Ltd., a provider of software and consulting services for construction and maintenance through cloud system and IoT technology (Internet of Things (IoT))
Including investing more in 3 companies that have already invested, namely Pier Power Company Limited, Choco Card Enterprise Company Limited, and Event Pop Holdings PTE Limited Company. resulting in the total investment amount in 2563 being at 279 million baht. In addition, shares invested in Social Nation Company and Wongnai Media Company Limited were sold, resulting in the value of the investment portfolio under the Invent project at the end of 2563. It is at 975 million baht and there are a total of 18 companies in the portfolio.
Land and Houses Public Company Limited : LH
Best Company of the Year 2021, Real Estate and Construction Group
Land and Houses Public Company Limited or LH is once again crowned the Best Company of the Year 2021 in the real estate and construction group. In 2563, there was a total of 27,481 million baht in revenue from housing transfers, an increase of 9%, with a profit. Net 7,144.92 million baht
Mr. Naporn Sunthornjitcharoen Chairman of the Executive Committee, Land and Houses Public Company Limited Revealed that the outbreak of the coronavirus (COVID-19) has greatly affected the business sector. The real estate business is one of the businesses affected as well. However, the low-rise residential group Whether it is a detached house, a twin house, or a townhouse, it is considered to be a group that is less affected. Because this is a market that has real demand for housing. while high-rise residences or condominiums will be more affected.
In 2563, the company had reservations from the residential business of 26,602 million baht, an increase of 5% from 2562, with the proportion of 82% detached houses, 13% townhouses, and 5% condominiums, and revenue from address transfers was recognized. Residents 27,481 million baht, an increase of 9% from 2562, accounting for 77% of detached houses, 13% of townhouses and 10% of condominiums.
In the past year, LH has launched 16 new projects with a total project value of 28,620 million baht, consisting of 14 projects of single-detached houses and semi-detached houses, 2 townhouse projects.
For 2564, the Group aims to launch a total of 12 new projects with a total value of 20,660 million baht, divided into 5 single-detached house projects, 2 semi-detached house projects, 5 townhouse projects and 2 condominium projects, with a total sales target (Booking) of 28,000 million baht. and the total ownership transfer value is 30,000 million baht. The average price per unit sold in 2564 is 7.0 million baht (2563, the average price per unit is 7.5 million baht).
The strategy of pre-built homes being sold is still LH's main strategy that has been continuously operated. It is also a strategy that strengthens competitiveness. and customer confidence very well The company has given importance to the needs of customers. Both in terms of home design and function Format of the project that will respond to living To answer the new way of life (New Normal) and answer the needs of every member of the family. And the important thing that is the company's operating philosophy is the quality of products, services and the quality of good personnel.
Thanachart Capital Public Company Limited : TCAP
Best Company of the Year 2021, Financial Business Group
Thanachart Capital Public Company Limited or TCAP is crowned the best company of the year 2021 in the financial business group. In 2563, there was a net profit attributable to the company of 6,669 million baht in the previous year. Even though the economy slowed down from the outbreak of the COVID-19 virus But with a stable financial position The company is still able to pay dividends to shareholders continuously.
Mr. Somjate Moosirilert, President of Thanachart Capital Public Company Limited. Said that in 2563, TCAP and its subsidiaries had a net profit according to the consolidated financial statements of 7,848 million baht, which consisted of net profits of various subsidiaries of 5,962 million baht and profit sharing from investments in associated companies of 2,154 million baht, resulting in The net profit attributable to the company in 2563 amounted to 6,669 million baht, a decrease of 38.3% from the previous year, the main reason for the decrease in profits. It was caused by the Thai economy that had contracted severely. from the spread of the COVID-19 virus In addition, last year TCAP had extra profits from business restructuring.
However, TCAP's important subsidiaries, including Ratchathani Leasing (THANI), Thanachart Insurance (TNI), and Thanachart Securities (TNS), still had good operating results in 2563, despite net profits in 2563. of TCAP will decrease, mainly due to external factors. Due to the outbreak of COVID-19 which has a wide impact on every business sector But the board and management remain confident that the company's financial position is very strong. The Board therefore resolved to propose to the shareholders' meeting to approve the payment of dividends from operating results for the year 2563 at the rate of 3.00 baht per share.
In TCAP's 2563 annual report, it was stated that for 2564, although there will be a new outbreak of COVID-19 disease. At the end of last year continuing until the beginning of this year. But effective disease control measures combined with the government's ability to ensure that approximately half of the country's population will be vaccinated by 2564, will result in the Thai economy gradually recover in order Therefore, it is expected that the company's operating results will improve than in 2563.
As for TCAP's business practices, it will continue to hold shares in various companies. As it is now and support the business operations of every company to have a stable financial position Including considering adding new investments. and conducting business with more proactive expertise as well as expanding the business network of companies in the group to create appropriate returns for shareholders in the long term. In 2564, the board of directors has already resolved to operate a business providing loans with collateral (Asset-based Finance).
In 2563, Thanachart Group changed its structure from being the parent company of commercial banks (Bank Holding Company) to a company that focuses on investing in various businesses (Diversified Investment Holding Company), with the majority of investments still being investments in the Thai Military Bank. (The name was changed to Thanachart Thai Military Bank (TTB). At the end of 2563, TCAP held 20.11% of TTB shares, representing an investment value of 42,076 million baht.
RATCH Group Public Company Limited: RATCH
Best Company of the Year 2021 Resource Group
RATCH Group Public Company Limited or RATCH takes the title of Best Company of the Year 2021, Resource Group. The company had a net profit of 6,2867 million baht, an increase of 5.4% from 2562, equivalent to an earnings per share of 4.34 baht, giving a dividend yield of 4.53%.
Mr. Kitcha Sripatthangkura Managing Director, RATCH Group Public Company Limited revealed that the 2563 operating results were driven by the improved performance of the Hongsa Power Plant and the SPP Power Plant Group from last year. Including revenue recognition from the Thang Long thermal power plant, Vietnam, which the company invested through the ABIEF fund last year. While the overall profit-sharing income of joint ventures in 2563 increased by 15.9% to 4,600 million baht.
In 2564, the company has allocated a budget of 15,000 million baht to invest in existing and new projects. The company aims to expand investment in the electricity production business by 700 megawatts from the current investment of 8,174 megawatts.
As for basic utility systems and energy-related businesses, they will continue the projects they began studying and negotiating joint ventures in the past year, including joint ventures in innovative companies with the EGAT Group, District 9 Project: Digital Industrial Zone and Community. genius LNG fuel supply project Biomass pellet production project, etc.
RATCH There are plans to expand investment opportunities in new markets, especially Taiwan, South Korea and Japan, which are markets where the renewable energy business is growing. that the company can seek investment to support its target of renewable energy production capacity of 2,500 megawatts in 2568, including the biomass fuel business
In addition, we will join hands with existing partners to expand investment in new projects together. For the basic utility systems and energy-related businesses, we will drive projects under study into joint ventures and commercial operations. Concretely, this includes a joint venture in electrical innovation with the Electricity Generating Authority of Thailand (EGAT), which is expected to be able to sign a joint venture company this year. Project to establish a biomass pellet production plant in the country and Lao PDR and project to procure LNG fuel. This project The company has prepared a financing plan. and are confident that the goals set will be able to be carried out successfully
In 2564, the company will start to recognize income from 4 more power plants that are operating commercially this year, with a total equity-based production capacity of 537.04 megawatts, including the Yan Din Wind Power Plant. Production capacity according to shareholding percentage is 149.94 megawatts (holding 70%), collector wind power plant 226.8 megawatts (holding 100%), Riau Indonesia combined cycle power plant 145.15 megawatts (holding 49%) and Thanh Phong Wind Farm, Vietnam, 15.15 MW (51% ownership)
As for the power plants that are commercially operating Total production capacity according to shareholding proportion is 6,700 megawatts. Will focus on managing the efficiency of power plants. fuel consumption Production costs and control environmental quality management as best as possible
Sri Trang Agro-Industry Public Company Limited : STA
Best Company of the Year 2021 Agriculture and Industry Group
Sri Trang Agro-Industry Public Company Limited or STA holds the title of Best Company of the Year 2021 in the Agriculture and Industry Group. In 2563, it was able to produce outstanding operating results. With a net profit of 9,531 million baht, an increase of 6,418%, and sales and service income of 75,479 million baht, an increase of 25% from the demand for rubber gloves in the world market. as well as the recovery of the price and demand for natural rubber at the end of the year.
Mr. Veerasit Sincharoenkul, Executive Director, Sri Trang Agro-Industry Public Company Limited The world's number 1 fully integrated natural rubber producer and distributor revealed that overall operating results in 2563 were able to generate strong growth. Even though the overall world economy is in a state of slowdown due to the outbreak of the COVID-19 virus.
Meanwhile, operating results for the 4th quarter of 2563 are considered to have continued to grow from the previous quarter and are at a satisfactory level. The company was able to make a net profit of 5,499 million baht, growing 7,331% compared to the same period last year. Meanwhile, sales and service income was 26,246 million baht, growing 76% compared to the same period last year with sales and service income of 14,881 million baht.
The growth of such operating results This comes from the increasing demand for rubber in the world market. There are factors from the recovery of the Chinese economy after the COVID-19 outbreak was well controlled, which has a positive effect on the recovery of the automotive industry. This causes the demand for rubber to be used in the production of (vehicle) tires to increase.
Including the 2563 operating results of Sri Trang Gloves (Thailand) Public Company Limited or STGT, the world's 3rd largest producer and distributor of rubber gloves, which is a subsidiary of STA, was able to reach a new high.
For 2564, the company is confident that it will be able to create continuous growth in operating results. It is expected that the overall rubber industry should have passed its lowest point. and the global economic situation is expected to recover gradually. This will result in an increase in demand for natural rubber. Especially in the automotive industry where there is demand for tire production. and the rubber glove industry is confident that there will still be strong demand. It will be an important factor for the company to achieve its growth goals.
STA paid dividends from operating results in 2563 to shareholders at the rate of 2.25 baht per share, totaling 3,456 million baht, representing a dividend payout to net profit ratio of 36%.
Polyplex (Thailand) Public Company Limited : PTL
Best Company of the Year 2021 Industrial Product Group
Polyplex (Thailand) Public Company Limited or PTL is crowned Best Company of the Year 2021 in the Industrial Products Group. In the past year, it was able to create outstanding operating results. With total income of 15,179 million baht, net profit of 2,250 million baht, return on equity (ROE) of 16.90%.
PTL engages in the business of producing and exporting plastic film for use in packaging (Packaging), industry (Industrial) and electrical equipment (Electrical).
Mr. Manu Leopairot, Chairman of the Board of Directors, Polyplex (Thailand) Public Company Limited. Revealed in the company's annual report that The fact that the company was able to make stable profits last year It reflects the results of the continuous strategy of market diversification. and create product diversity Expanding the product range, especially Shifting towards value-added products and products with unique features as well as various initiatives that have been continuously implemented to increase operational efficiency.
Successful commissioning and short-term ramp-up of new PET film project in Indonesia This is an important step that will have a positive impact on future profits.
As for other investment projects of smaller companies that are currently operating Aiming to enhance the company's competitiveness by increasing the proportion of products with special features. as well as increasing efficiency and effectiveness with a BOPP production line currently in progress and is next to a PET film production line in Indonesia. This will help stimulate better operating results in the next 1-3 years by helping the company create product diversity. At the same time, it also helps alleviate concerns about the sustainability of the main product, PET film.
The strength of the industry and the status of the company which is highly accepted in the industry It can be seen that the spread of the COVID-19 virus around the world has not had any negative impact on the company. The company's businesses in all countries are not affected and continue to operate at full capacity.
In terms of product demand Demand from the flexible packaging business which is the main business of the company Still expanding well Meanwhile, the demand for film-based industries has dropped to a level where it depends mainly on demand. It is expected that both business sectors will return to normal in the medium term.
Meanwhile Long-term conditions such as countering globalization and relying more on shorter supply chains using domestic supply chains. Acceleration of sales of various products both with and without packaging Attention to hygiene The behavior of ordering food to eat at home will increase, etc., which will have a widespread positive effect on the film industry. Especially to the company
The company has developed a series of sustainable and environmentally friendly products. It is an effort to continuously influence the emergence of new initiatives in the world.
and is effective in promoting sustainability and a circular economy system that emphasizes waste elimination and maximum use of resources.
Key initiatives include continued investment in EcoBlue, a business that converts industrial and consumer waste PET and polyolefin into plastic pellets. To be a raw material in many types of packaging businesses and industries.
In addition, films with PCR not exceeding 90 percent have been developed and commercially produced. The company's research and development efforts also focus on developing a series of products that meet the company's commitment to reducing the impact of plastic waste on the environment.
Sri Trang Gloves (Thailand) Public Company Limited : STGT
Best Company of the Year 2021, Consumer Products Group
Sri Trang Gloves (Thailand) Public Company Limited or STGT holds the title of Best Company of the Year 2021 in the consumer products group in 2563, able to create record operating results. Since the company was founded for more than 30 years, with total income of 30,692.41 million baht, an increase of 153%, and net profit of 14,401 million baht, an increase of 2,246% from the previous year. or an earnings per share of 5.94 baht
Ms. Charinya Jirojkul, President of Sri Trang Gloves (Thailand) Public Company Limited. The world's largest producer and distributor of natural rubber gloves and nitrile rubber gloves revealed that the company's operating results in the past year Outstanding growth every quarter
Factors that cause the company's operating results to grow exponentially This comes from global demand for rubber gloves increasing by more than 20% in the past year. or increased to approximately 3.6 billion pieces per year and there is demand for distribution in various industries. From the beginning it was mainly used in medicine. As a result, the company has received a large number of product orders. In addition, production capacity from around the world is still insufficient to meet demand. As a result, the average selling price of rubber gloves in the world market has continually increased.
For the overall picture of the global rubber glove industry in 2564, it is expected that demand will continue to increase by more than 20% from the previous year. Even today, a vaccine has begun to be produced to prevent the COVID-19 virus. and began gradually injecting people in many countries Due to the global epidemic situation There is still a large increase in the number of new infections. This makes paying attention to hygiene a new normal. Therefore, rubber glove products will still be in demand from the medical world and other industries. that must be given importance to cleanliness
From the factors mentioned above, STGT sets the sales volume target for rubber gloves in 2564 at 32,000 million pieces, growing approximately 14% from the previous year. Currently, the company has 13-month advance orders for natural rubber gloves and 30-month advance orders for nitrile rubber gloves, and has not seen any signs of canceling product orders at present.
In addition, the company plans to gradually commission 4 new factories every quarter of this year. This will result in the company's production capacity increasing to 50,000 million pieces per year from the end of 2563 at approximately 33,000 million pieces per year.
Forth Smart Service Public Company Limited : FSMART
Best Company of the Year 2021, MAI Stock Exchange (MAI)may)
Forth Smart Service Public Company Limited or FSMART is crowned Best Company of the Year 2021 on the Market for Alternative Investment (mai) with outstanding performance. In 2563, the company had a total income of 3,123.29 million baht. Net profit was 464.06 million baht, equivalent to a net profit margin of 14.84% with a return on equity (ROE) of 37.43%.
Mr. Narongsak Lertsapthawee Managing Director, Forth Smart Service Public Company Limited The leader of the network of fully automated and financial service channels under the name "Boonterm" revealed that in 2563 the country's overall economy was affected by COVID-19. But the company's operating results can still be profitable. Because the Boonterm kiosk has a complete service including top-up - pay - deposit - transfer. To facilitate the people who come to use the service, in 2563 there was a volume of transactions in the top-up-automatic payment business of 1.5 million transactions per day.
Meanwhile, the Banking Agent & Lending Business group, which is a service for transferring money into bank accounts, has continued to grow significantly. The latest number of money transfer transactions has increased by 65% compared to the previous year, or approximately 1.9 million transactions per month, 19 million transactions per year. and continues to grow
In addition, the shareholders' meeting also approved the company to pay the second dividend for the year 2563, the second dividend payment at the rate of 2 baht per share, including the annual dividend payment at the rate of 0.30 baht per share, totaling 0.60 million baht.
Mr. Narongsak said that in the direction of FSMART in 2564, the company is still moving forward with 3 main business groups: 1. Top-up business - accepting automatic payments 2. Business providing complete financial services and loans, and 3. Automatic vending machine business and Distribute products
The goal is to increase the amount of service through "Boonterm kiosk" to a total value increase of approximately 2563% from 20 due to improved economic conditions. Including the company opening new channels and services. Under an investment budget of 500 million baht, additional 5,000 new cabinets will be added this year to expand market share and replace competitors' cabinets with less service. and the trend of the number of cabinets decreasing in the overall industry. It also pushes the "Boonterm Rewards" campaign to create awareness, retain customers, increase usage while managing the Boonterm kiosk. Focus on quality location To increase top-up balance and make payments
How to analyze rankings
300 Best Companies of 2021
The ranking of the 300 best companies of the year 2563 (Best Public Companies of The Year 2020) is an analysis of business fundamentals of companies listed on the Stock Exchange of Thailand. that have the highest stock market capitalization (Market Capitalization) of the top 300 and have operating results showing profits Including 115 companies listed on the mai stock exchange with operating results showing profits, using data as of the end of 2563.
Ranking Method: Academic Department, Finance and Banking Journal The criteria for consideration that are international standards have been used. This will reflect the efficiency of the company's management as a whole. Measured by 4 factors as follows:
Factor 1: Company size (Size of the Firm)
Ÿ Total market value (Market Capitalization)
Ÿ Assets
Ÿ Shareholders' equity (Shareholder's Equity)
Factor 2: Ability to seek profit
Ÿ Total income (Revenue)
Ÿ Net Profit
Ÿ Earnings per Share (EPS)
Ÿ Net Profit Margin
Factor 3: Return on investment
Ÿ Return on Asset : ROA
Ÿ Return on Equity : ROE
Ÿ Rate of return in the form of dividends (Dividend Yield)
Factor 4: Investment liquidity
% shareholding by minor shareholders (Free Float)
