The company changed its name from Srisawad Finance Public Company Limited to "Srisawad Capital 1969 Public Company Limited” and the security name change from BFIT to “SCAP" in September 2022 regarding the approval from the BOD of SAWAD to align with the new business type in operating secured and unsecured loan. Then, the leasing company; S Leasing Company Limited , and Cathay Leasing Company Limited, is immediately operated under Srisawad Capital 1969 Public Company Limited with the portion of 90% and 100% of registered capital respectively.
| 2023 | 2022 | 2021 | 2020 |
|---|
| Revenues | 7,164.66 | 3,779.10 | 1,466.26 | 3,562.86 |
| Expenses | 5,077.51 | 2,013.80 | 533.19 | 1,857.44 |
| Net Profit (Loss) | 904.31 | 660.61 | 913.18 | 1,567.19 |
| Assets | 38,203.91 | 25,042.28 | 14,249.81 | 19,582.04 |
| Liabilities | 28,262.86 | 14,009.64 | 4,506.13 | 9,985.40 |
| Shareholders' Equity | 9,777.20 | 10,931.51 | 9,743.67 | 9,596.65 |
| Operating | -12,849.13 | -5,329.99 | 2,428.68 | 2,750.91 |
| Investing | -110.11 | 1,593.68 | -1,509.97 | 56.65 |
| Financing | 12,974.24 | 3,615.52 | -789.76 | -3,262.68 |
| EPS (Baht) | 0.14 | 0.84 | 1.66 | 2.84 |
| GP Margin (%) | ||||
| NP Margin (%) | 13.38 | 30.09 | 62.28 | 43.99 |
| D/E Ratio (x) | 2.84 | 1.27 | 0.46 | 1.04 |
| ROE (%) | 8.73 | 6.04 | 9.44 | 16.60 |
| ROA (%) | 6.60 | 7.05 | 7.13 | 10.82 |
The company aims to be a financial institution with international standard and expanding its business into the ASEAN region with sustainable growth.
The company aims to develop the organization by adhering to the principles of sustainable governance under the ESG framework, Economy, Society and the environment.
After the M&A, the company operates hire purchase and personal loans under supervision with continuous growth both in terms of income and total assets. In addition, the company focuses on providing high-quality loans by considering the quality of customers to achieve the Company's sustainable growth.
The financial performance for the year ended 31 December 2023, the Company and its subsidiaries had consolidated net profits totaling 958.62 million Baht. This represents a decrease of 175.97 million Baht or 15.51 percent YoY. The total assets ended 31 December 2023 were 38,203.91 million Baht, increased 13,054.69 million Baht or 51.91% from 25,149.21 million Baht for the end of year 2022. This reflected the strength of the company and its subsidiaries’ financial position.
The Company develops and enhances the efficiency of the credit approval process by using a variety of external sources and internal databases in credit approval to achieve the quality customers.
The Board of Directors and the company's executives acknowledge the importance of good internal control which is committed to maintaining a culture that recognizes the importance of risk management and the adequacy of internal controls for all aspects of the company's operations. The Company requires all departments to adhere to good practices regarding internal control as a basis for conducting the Company's business and to be a code of conduct for employees. It also requires a review of effectiveness and the adequacy of the risk management process and internal control system by the Audit Committee through discussion and evaluate the performance of internal auditors. The essence of which consists in considering the appropriateness of the scope. The results of the assessment and quality of the internal control system will be reported to the Board of Directors in case of suggestions or found significant defects In order to have further improvements and corrections.
| as of 28/12/23 | SCAP | FIN | SET |
|---|---|---|---|
| P/E (X) | 21.23 | 17.37 | 18.42 |
| P/BV (X) | 2.37 | 1.69 | 1.36 |
| Dividend yield (%) | 9.09 | 3.43 | 3.32 |
| 28/12/23 | 30/12/22 | 30/12/21 | |
|---|---|---|---|
| Market Cap (MB) | 22,901.95 | 34,808.36 | 16,123.98 |
| Price (B/Share) | 3.52 | 26.75 | 29.25 |
| P/E (X) | 21.23 | 64.66 | 16.07 |
| P/BV (X) | 2.37 | 3.27 | 1.68 |
