milestone - listed companystgt.listedcompany.com/misc/factsheet/20201209-stgt-factsheet-3q2… ·...

2
Surat Thani Plant started production. MILESTONE Sri Trang Gloves (Thailand) Co., Ltd. was established on 9 January 1989 under the name of Siam Sempermed Corp. Hat Yai Plant started Natural Rubber Powdered Glove production with 4 production lines. Started Natural Rubber Powder Free Glove production. Reached 1 billion pieces in annual production capacity. 1999 Started Nitrile Glove production and distribution. Hat Yai Plant reached a total of 60 production lines. 2005 Hat Yai Plant expanded production lines and reached a total of 78 production lines. 2009 • Hat Yai Plant expanded production lines and reached a total of 84 production lines. Thaikong PLC. (“TK”) was established. 2016 Trang Plant (TK) started Natural Rubber Powdered Glove production with a total of 12 production lines and 4 billion pieces in annual production capacity. 2018 Hat Yai Plant expanded 6 production lines and reached a total of 90 production lines. Surat Thani Plant expanded 7 production lines and reached a total of 21 production lines. Hat Yai Plant reached a total of 100 production lines. Trang Plant reached a total of 24 production lines. STGT was listed on the Stock Exchange of Thailand (“SET”) on 2 July 2020. TK: Thaikong Public Company Limited SDME: Shi Dong Shanghai Medical Equipment Company Limited STA: Sri Trang Agro-Industry Public Company Limited STGT: Sri Trang Gloves (Thailand) Public Company Limited STU: Sri Trang USA, Inc. STC: Startex Rubber Corporation NOTE: 2019 2020 Sri Trang Gloves (Thailand) PLC. (“STGT”) was established from the amalgamation between Sri Trang Gloves (Thailand) Co., Ltd. and TK on 1 April 2019. STGT acquired 100.0% of the shares of Shi Dong Medical Equipment Co., Ltd. (“SDME”) from Startex Rubber Corporation (“STC”) (STA’s subsidiary). STGT acquired 100.0% of the shares of Sri Trang USA, Inc. (“STU”) from STA. Hat Yai Plant reached a total of 94 production lines. Trang Plant reached a total of 17 production lines. • Surat Thani Plant reached a total of 14 production lines 2011 Disclaimer : The information contained herein is being furnished on a confidential basis for discussion purposes only and only for the use of the recipient, and may be subject to completion or amendment through the delivery of additional documentation. Except as otherwise provided herein, this document does not constitute an offer to sell or purchase any security or engage in any transaction. The information contained herein has been obtained from sources that The Sri Trang Gloves (Thailand) PLC (“STGT”) considers to be reliable; however, STGT makes no representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein. Any projections, valuations and statistical analyses contained herein have been provided to assist the recipient in the evaluation of the matters described herein; such projections, valuations and analyses may be based on subjective assessments and assumptions and may utilize one among alternative methodologies that produce differing results; accordingly, such projections, valuations and statistical analyses are not to be viewed as facts and should not be relied upon as an accurate representation of future events. The recipient should make an independent evaluation and judgment with respect to the matters contained herein. Standards Factory Management Certificates Product Certificates Sustainability Certificates 2014 2013 1993 1989 Changed the Company’s name to Sri Trang Gloves (Thailand) Co., Ltd. 2017 European specification requirement Australian/ New Zealand standard Japanese standard International standard base in USA Chinese standard Brazil standard DIN EN ISO 13485:2016 ISO 13485:2016 ISO 22000:2005 ISO 9001:2015 MDD93/242/EEC Class I MDD 93/42/EEC Class I Sterile PPE (EU) 2016/425 Category III Thai Industrial Standards ISO 14001:2015 Business Social Compliance Initiative Green Industry Environmental Good Governance HALAL ECOVADIS ISO 17025:2005 GMP PPE Articla 11B EC PPE (EU) 2016/425 Module D Thailand standard for single-use medical examination gloves. worldwide standard for single-use medical examination gloves In life, every touch has a meaning. From the first day that we are born into this world, a pair of gloves takes us to the mother's embrace. As you move through stages of life, gloves help to protect you. Across all sectors of society industries, from the medical sector and food industry to the manufacturing of many products, gloves have become an essential part of our life. Since 1989 Sri Trang Gloves (Thailand) Public Company Limited has taken pride in our attention to detail at every stage of production, from the careful selection of raw materials to the constant research and innovation. We take pride in producing gloves that deliver. Operational excellence with international standards/certificates Factsheet 3Q20

Upload: others

Post on 25-Jan-2021

2 views

Category:

Documents


0 download

TRANSCRIPT

  • • Surat Thani Plant started production.

    MILESTONE

    • Sri Trang Gloves (Thailand) Co., Ltd. was established on 9 January 1989 under the name of Siam Sempermed Corp.• Hat Yai Plant started Natural Rubber Powdered Glove production with 4 production lines.

    • Started Natural Rubber Powder Free Glove production.• Reached 1 billion pieces in annual production capacity.

    1999

    • Started Nitrile Glove production and distribution.• Hat Yai Plant reached a total of 60 production lines.

    2005

    • Hat Yai Plant expanded production lines and reached a total of 78 production lines.

    2009

    • Hat Yai Plant expanded production lines and reached a total of 84 production lines.

    • Thaikong PLC. (“TK”) was established.

    2016

    • Trang Plant (TK) started Natural Rubber Powdered Glove production with a total of 12 production lines and 4 billion pieces in annual production capacity.

    2018

    • Hat Yai Plant expanded 6 production lines and reached a total of 90 production lines.• Surat Thani Plant expanded 7 production lines and reached a total of 21 production lines.

    • Hat Yai Plant reached a total of 100 production lines.• Trang Plant reached a total of 24 production lines.• STGT was listed on the Stock Exchange of Thailand (“SET”) on 2 July 2020.

    TK: Thaikong Public Company LimitedSDME: Shi Dong Shanghai Medical Equipment Company LimitedSTA: Sri Trang Agro-Industry Public Company Limited

    STGT: Sri Trang Gloves (Thailand) Public Company LimitedSTU: Sri Trang USA, Inc.STC: Startex Rubber Corporation

    NOTE:

    2019

    2020

    • Sri Trang Gloves (Thailand) PLC. (“STGT”) was established from the amalgamation between Sri Trang Gloves (Thailand) Co., Ltd. and TK on 1 April 2019.• STGT acquired 100.0% of the shares of Shi Dong Medical Equipment Co., Ltd. (“SDME”) from Startex Rubber Corporation (“STC”) (STA’s subsidiary).

    • STGT acquired 100.0% of the shares of Sri Trang USA, Inc. (“STU”) from STA.• Hat Yai Plant reached a total of 94 production lines.• Trang Plant reached a total of 17 production lines.

    • Surat Thani Plant reached a total of 14 production lines

    2011

    Disclaimer : The information contained herein is being furnished on a confidential basis for discussion purposes only and only for the use of the recipient, and may be subject to completion or amendment through the delivery of additional documentation. Except as otherwise provided herein, this document does not constitute an offer to sell or purchase any security or engage in any transaction. The information contained herein has been obtained from sources that The Sri Trang Gloves (Thailand) PLC (“STGT”) considers to be reliable; however, STGT makes no representation as to, and accepts no responsibility or liability for, the accuracy or completeness of the information contained herein. Any projections, valuations and statistical analyses contained herein have been provided to assist the recipient in the evaluation of the matters described herein; such projections, valuations and analyses may be based on subjective assessments and assumptions and may utilize one among alternative methodologies that produce differing results; accordingly, such projections, valuations and statistical analyses are not to be viewed as facts and should not be relied upon as an accurate representation of future events. The recipient should make an independent evaluation and judgment with respect to the matters contained herein.

    Standards

    Factory Management Certificates Product Certificates

    Sustainability Certificates

    2014 2013

    19931989

    • Changed the Company’s name to Sri Trang Gloves (Thailand) Co., Ltd.

    2017

    European specification requirement

    Australian/New Zealand

    standard Japanese standard

    International standard base

    in USA

    Chinesestandard

    Brazilstandard

    DIN EN ISO 13485:2016

    ISO 13485:2016 ISO 22000:2005ISO 9001:2015 MDD93/242/EEC Class I

    MDD 93/42/EECClass I Sterile

    PPE (EU) 2016/425

    Category III

    Thai Industrial Standards

    ISO 14001:2015 Business Social Compliance

    Initiative

    Green Industry Environmental Good Governance

    HALALECOVADIS

    ISO 17025:2005 GMPPPE Articla 11B EC

    PPE (EU) 2016/425 Module D

    Thailand standard for single-use medical examination gloves.

    worldwide standard for single-use medical examination gloves

    In life, every touch has a meaning.From the first day that we are born into this world,a pair of gloves takes us to the mother's embrace.

    As you move through stages of life, gloves help to protect you. Across all sectors of society industries, from the medical

    sector and food industry to the manufacturing of many products, gloves have become an essential part of our life.

    Since 1989 Sri Trang Gloves (Thailand) Public Company Limited has taken pride in our attention to detail at every

    stage of production, from the careful selection of raw materials to the constant research and innovation.

    We take pride in producing gloves that deliver.

    Operational excellence with international standards/certificates

    Factsheet3Q20

  • Gross Profit

    SHAREHOLDING STRUCTURE

    50.75

    3.745.44

    5.03

    4.90 33.88

    Thailand’s Largest Glove Producer

    Since

    19893

    Factory locations

    Export to

    140+ countries 33

    billion gloves per annum

    Dividend 1.25 baht per share for 9M20 (Interim Dividend Payment)

    BUSINESS (In 3Q20)PRODUCTS

    DIVIDEND PAYMENT

    Low Friction Latex Powder-Free

    Grip Plus Latex Powder-Free

    Comfort Latex Powder-Free

    Sterile Low Friction Latex Powder-Free

    Comfort Latex Powdered

    Balance Latex Powdered

    Premium Latex Powdered

    Balance Nitrile Powder-Free

    Comfort Plus Nitrile Powder-Free

    Comfort Nitrile Powder-Free

    Force Nitrile Powder-Free

    Sense Nitrile Powder-Free FINANCIAL HIGHLIGHT

    Natural Rubber Powder-Free Glove Business

    Natural Rubber Powdered Glove Business

    Nitrile Glove

    22.9%

    3Q20

    Gloves Natural Rubber Products % Growth Gross Profit

    Sales and Sales Growth Gross Profit

    11,246.9 11,994.2

    3,016.3

    8.142.1

    10,988.6

    2017 2018 2019 3Q19

    Unit: Million PiecesGloves Sales Volume

    2,343.0 187.5

    2017 2018 2019 3Q19 3Q20

    FINANCIAL RATIOS

    2017 2018 2019 3Q20

    IBD/E D/E ROE

    4.2%

    2.7%

    34.7%

    11.3%15.0%

    4.9%

    23.8%

    31.4%

    Gross Profit Margin

    ROA

    Unit: THB mn

    37.6%

    39.5%

    12,886.5 15,786.8 5,003.119,891.9 7,143.4

    2017 2018 2019 3Q19 3Q20

    3Y CAGR(2017-2019) 24.2%

    CAGR (2017-2019)3.3%

    169.9%

    8,90

    4.0

    10,8

    01.1

    798.4

    1,808.9

    1,438.7

    322.5

    4,907.5

    11,9

    94.2

    0.19 0.32

    1.612.00

    1.381.811.87

    2.59

    Revenue Structure

    7.1%

    16.5%12.0%

    10.7%

    60.3%

    STGT recognizes the rights and equality of all employees. We have obtained the highest rating in the Business Social Compliance Initiative (BSCI) audit by amfori. Moreover, STGT is focused on product development to provide the best quality products and services to customers and is committed to keeping customers’ confidential information private and secured.

    ESG

    STGT recognizes the importance of the environment and adheres to the principles of 3Rs (Reduce, Reuse and Recycle). STGT invests heavily in biomass energy, waste management and green energy to ensure a healthy environment within our facilities as well as communities in the vicinity. Moreover, STGT has received certification from the Forest Stewardship Council (FSC), testifying to our commitment to the responsible management of the world’s forests.

    STGT recognizes the importance of good corporate governance that supports the Company’s business operations, sustainable growth and lead to maximum benefits for all stakeholders. We have established the “Good Corporate Governance Policy” as a guideline on management and the “Anti-corruption Policy” as a guideline on business practices.

    Sterile Premium Latex Powdered

    28 Sep24 Aug

    STOCK INFORMATION

    SET: STGTAs of 30 Nov 2020 THB 75.25

    Nitrile Powder-Free Examination Gloves

    Latex Powder-Free Examination Gloves

    Latex Powdered Examination Gloves

    Sri Trang Agro-Industry Public Company LimitedRubber Land Products Company LimitedThe Bank of New York MellonThai NVDR Company LimitedOthers

    E

    S

    Governance G

    Social

    Environmental

    Gamma Ray Sterile Examination Gloves

    Africa3.4% Australia and Oceania

    0.6%

    37.5%Asia

    20.5%Europe

    11.5%Latin

    America

    22.2%North

    America Middle

    East

    4.3%

    REDUCEREUSERECYCLE

    Authorised Capital: THB 1,434,780,000

    Paid-up Capital: THB 1,428,780,000

    Par Value: THB 1.00

    No. of Shares: 1,428,780,000 Shares

    Market Cap: THB 107,156 mn (as of 30 Nov 2020)

    Unit: THB mn

    As of 6 Nov 2020

    104.7

    613.9

    981.6

    214.5%

    8.9%

    1.9%

    5.1%

    4,401.9

    3Q202017 2018 2019 3Q19Net Profit Net Profit Margin

    Net Profit

    3Q20THB

    8,142 mn

    3.5%

    54.1%

    Gloves SalesCAGR (2017-2019)

    16.1%

    30 Nov9 Nov26 Oct

    14 Sep10 Aug 12 Oct