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Bangchak Sriracha Public Company Limited (BSRC.BK)
Key financial summary
Financials in THB| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Total revenue | THB bn | 169 | 127 | 173 | 263 | 223 | 239 | 215 |
| Operating profit | THB bn | -2 | -3 | |||||
| Net profit | THB bn | -3 | -8 | 4 | 10 | 1 | -2 | -2 |
| EPS reported | THB | -0.49 | -0.72 | |||||
| Operating cashflow per share | THB | 2.09 | 1.33 | |||||
| Capex per share | THB | 0.49 | 0.36 | |||||
| FCF per share | THB | 1.60 | 0.96 | |||||
| Free cash flow | THB bn | 6 | 4 | |||||
| Net debt | THB bn | 23 | 23 | |||||
| Book value equity | THB bn | 25 | 24 | |||||
| Book value per share | THB | 7.28 | 6.84 | |||||
| Number of shares | m | 3,460.86 | 3,460.86 | |||||
| DPS (TTM paid) | THB | 0.08 | 0.00 |
Financial summary
Financials in THB| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM | ||
|---|---|---|---|---|---|---|---|---|
| Value | ||||||||
| P/E TTM | x | - | - | |||||
| P/B LTM | x | 1.09 | 0.45 | |||||
| P/S LTM | x | 0.12 | 0.05 | |||||
| P/FCF LTM | x | 4.98 | 2.77 | |||||
| EV/EBITDA LTM | x | 23.71 | 32.78 | |||||
| EV/Sales LTM | x | 0.22 | 0.16 | |||||
| Earnings Yield LTM | % | -6.14% | -15.60% | |||||
| FCF Yield | % | 20.09% | 36.11% | |||||
| Quality | ||||||||
| ROE | % | -6.71% | -7.10% | |||||
| ROIC | % | -3.03% | -2.26% | |||||
| Operating margin | % | -0.91% | -1.41% | |||||
| Gross margin | % | -1.43% | 1.27% | |||||
| FCF/Sales | % | 2.32% | 3.26% | |||||
| Growth and momentum | ||||||||
| EPS Growth YoY | % | - | - | |||||
| Sales Growth YoY | % | +7.27% | -10.51% | |||||
| Net Income Growth YoY | % | - | - | |||||
| FCF Growth | % | -43.42% | - | |||||
| Operating Profit Growth | % | - | - | |||||
| Dividend and capital structure | ||||||||
| Dividend Yield | % | 4.15% | 0.00% | |||||
| Dividend Growth | % | -68.00% | - | |||||
| Payout Ratio | % | -67.63% | 0.00% | |||||
| FCF/Debt | x | 0.21 | 0.16 | |||||
| Net Debt/EBITDA | x | 11.37 | -797.09 | |||||
| EBIT/Net interest | x | -2.04 | -3.80 | |||||
| Net debt/market cap | % | 84.56% | 218.16% | |||||
| Net debt/Equity | x | 0.92 | 0.98 | |||||
| Gross debt/equity | x | 1.05 | 1.03 | |||||
Company overview
Bangchak Sriracha Public Company Limited, founded in 1894 and based in Bangkok, Thailand, specializes in the refining and international marketing of petroleum products. Formerly known as Esso (Thailand) Public Company Limited until its renaming in November 2023, the company operates across two primary divisions: Downstream and Petrochemicals. Its extensive product range includes various petroleum goods such as liquefied petroleum gas, gasoline, naphtha, jet fuel, kerosene, diesel, fuel oil, and asphalt. Additionally, it supplies a selection of mineral and synthetic lubricants under the Mobil brand. The company distributes its refined petroleum products through Esso-branded retail service stations, alongside commercial sales channels serving industrial end-users, wholesale partners, and clients in the aviation and marine industries. Beyond conventional fuels, Bangchak Sriracha also deals in a variety of hydrocarbon solvents. These encompass hexane, used in edible oil seed extraction and as a petrochemical carrier; rubber solvents, vital for adhesives, rubber cement, and tire manufacturing; white spirits, employed within the coating and paint sectors; and Exxsol D80, applicable in household, industrial, and metalworking contexts. Furthermore, the company imports and markets aromatic solvents for automotive paint coatings, sells plasticizers, and manages real estate leasing operations. As of August 31, 2023, it functions as a subsidiary of Bangchak Corporation Public Company Limited.
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Bangchak Sriracha Public Company Limited (BSRC.BK)
Bangchak Sriracha Public Company Limited, founded in 1894 and based in Bangkok, Thailand, specializes in the refining and international marketing of petroleum products. Formerly known as Esso (Thailand) Public Company Limited until its renaming in November 2023, the company operates across two primary divisions: Downstream and Petrochemicals. Its extensive product range includes various petroleum goods such as liquefied petroleum gas, gasoline, naphtha, jet fuel, kerosene, diesel, fuel oil, and asphalt. Additionally, it supplies a selection of mineral and synthetic lubricants under the Mobil brand. The company distributes its refined petroleum products through Esso-branded retail service stations, alongside commercial sales channels serving industrial end-users, wholesale partners, and clients in the aviation and marine industries. Beyond conventional fuels, Bangchak Sriracha also deals in a variety of hydrocarbon solvents. These encompass hexane, used in edible oil seed extraction and as a petrochemical carrier; rubber solvents, vital for adhesives, rubber cement, and tire manufacturing; white spirits, employed within the coating and paint sectors; and Exxsol D80, applicable in household, industrial, and metalworking contexts. Furthermore, the company imports and markets aromatic solvents for automotive paint coatings, sells plasticizers, and manages real estate leasing operations. As of August 31, 2023, it functions as a subsidiary of Bangchak Corporation Public Company Limited.
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