The business of Sahamitr Pressure Container Public Company
Limited is manufacturing pressure vessels under our customers’
trademarks and “SMPC” trademark for the domestic and global
markets. The company also provides relating services of
reconditioning and quality inspection of the cylinders in
accordance with each country’s specified standards.
| 6M24 | 6M23 | 2023 | 2022 |
|---|
| Revenues | 2,456.46 | 2,051.46 | 4,021.87 | 5,524.78 |
| Expenses | 2,060.72 | 1,814.33 | 3,542.54 | 4,487.73 |
| Net Profit (Loss) | 351.65 | 183.41 | 371.23 | 828.88 |
| Assets | 4,458.87 | 3,745.30 | 3,869.61 | 4,273.03 |
| Liabilities | 1,454.49 | 1,055.49 | 1,104.42 | 1,552.46 |
| Shareholders' Equity | 3,004.38 | 2,689.82 | 2,765.19 | 2,720.57 |
| Operating | 93.46 | 718.42 | 952.61 | 878.21 |
| Investing | -389.69 | 59.04 | 194.19 | -22.18 |
| Financing | 174.98 | -817.61 | -974.20 | -825.65 |
| EPS (Baht) | 0.66 | 0.34 | 0.69 | 1.55 |
| GP Margin (%) | 22.30 | 17.03 | 17.61 | 25.70 |
| NP Margin (%) | 14.32 | 8.94 | 9.23 | 15.00 |
| D/E Ratio (x) | 0.48 | 0.39 | 0.40 | 0.57 |
| ROE (%) | 18.95 | 17.70 | 13.53 | 31.96 |
| ROA (%) | 15.55 | 14.14 | 11.77 | 24.11 |
Company to grow sustainably, the management team has set the
business strategies and goals for both short-term and long-term as
follows
• The management continues to focus on adjusting the sales
strategy to be appropriate and in line with the global economic
situation and closely monitor the market demand.
• To ensure customer satisfaction with after-sales service.
• To enter to new markets in new regions.
• To improve and develop production process, raw materials, and
products to be more environmental friendly.
• To seek opportunities from new businesses which are related to
the core business based on the company's potential.
From the vision of the company “Become One of the World leading
LPG Cylinder Manufacturer with environment considerations for
sustainable growth”,The Board has effectively integrated the the
business code of conduct, and company’s operational policies
through the activities that had been organized with maximum
effectiveness and efficiency. The company has taken the important
sustainability issues into a strategic and direction for sustainability
plan. This was disclosed in the 56-1 One Report, in the section
titled "Driving Business for Sustainability".
Manufacturing LPG cylinders and other pressure vessels. The
company is ranked 1 in 3 in the world and ranks 1 in the country
with international standard certification and customers in more
than 100 countries around the world. Especially in Africa, America
and Asia.
Total sale revenues slightly increased Baht 7.19 million (0.6%) from Baht 1,127.83 million to Baht 1,135.02 million because of continuous demands from customers to use cylinders as packaging for gas sold and to replace the damaged cylinders. Compared to Q2/2023, the price of raw materials (steel) of Q2/2024 decreased by 15%, but selling price close to the prior period because sale proportion of three-pieces cylinders which are large-size cylinders increased from prior period that consisted of two-pieces cylinders which are small-size cylinders. Moreover, Baht weaker by 6% caused sales increased.
Furthermore, the company has maintained its sale policies and strategies by focusing on selling other cylinders to keep being market leader and to sustain company’s profitability into satisfied level
The Board of Directors and management team have practiced an
integrated risks management that unite together right from the
beginning by joint-planning, developing common strategy, sharing
roles and responsibilities, together with working in harmony, and
also in accordance with the principle of COSO Enterprise Risk
Management, taking into account the possible risk of corruption.
The main objective is to effectively manage and control the risk
from internal and external to be at an acceptable level.
SET Awards 2015
Best Company Performance Awards
SET Awards 2017
Best Company Performance Awards
Outstanding CEO of company listed on SET
SET Awards 2021
Outstanding Company Performance Awards
Outstanding CEO of company listed on SET
SET ESG Ratings 2023
AA Rating
| as of 28/06/24 | SMPC | PKG | SET |
|---|---|---|---|
| P/E (X) | 10.65 | 21.00 | 17.05 |
| P/BV (X) | 1.81 | 1.36 | 1.22 |
| Dividend yield (%) | 4.42 | 2.20 | 3.53 |
| 28/06/24 | 28/12/23 | 30/12/22 | |
|---|---|---|---|
| Market Cap (MB) | 5,087.31 | 5,167.64 | 6,961.58 |
| Price (B/Share) | 9.50 | 9.65 | 13.00 |
| P/E (X) | 10.65 | 13.79 | 7.00 |
| P/BV (X) | 1.81 | 1.94 | 2.66 |
