MENU

Thai Beverage Public Company Limited’s Annual Report: 16 Key Numbers Investors Should Know

Thai Beverage Public Company Limited  (SGX: Y92) released its latest 2015 annual report a few months ago.

Investors may be familiar with Thai Beverage’s signature Chang brand of beers. But there is much more to learn about the company’s business. With that in mind, here’re 16 figures that investors might want to know:

  1. Thai Beverage had its initial public offering in 2006. Today, Thai Beverage is Thailand’s leading beverage producer and one of Asia’s largest. Overseas expansion is a key goal for the company. Thai Beverage views ASEAN, with a population of over 600 million, as a key high-growth market.
  2. The Thai brewer has a route-to-market reach of over 400,000 stores. Chang beer is available in over 40 countries as well, including the US and UK. This distribution network may be a key competitive advantage for Thai Beverage.
  3. Thai Beverage’s Spirits segment is the biggest revenue contributor. The segment accounted for over 60% of Thai Beverage’s THB172 billion in revenue for 2015. The Beer segment was in second place with a quarter of total sales. Elsewhere, the Non-alcoholic beverages segment made up less than 10% of sales.
  4. Non-alcoholic beverages, though, tops the list in sales volume. The segment had pushed through 1.55 billion litres in 2015. In comparison, the Spirits and Beer segments had recorded sales volumes of 566 million litres and 671 million litres, respectively.
  5. Thai Beverage also shared some financial ratios in its annual report. Its current ratio was 1.45 times while the interest bearing debt to equity ratio was 0.37 times. The beverage maker also had an accounts receivable turnover of just eight days. Elsewhere, the Spirits business had an inventory turnover of 48 days, while the Beer segment had an inventory turnover of just 10 days.
  6. Chairman Charoen Sirivadhanabhakdi owns almost 66% of Thai Beverage’s shares. This gives him the majority vote on matters related to the company.

To keep up to date on the latest financial and stock market news and for more investing insights, you can sign up now for a FREE subscription to The Motley Fool's weekly investing newsletter, Take Stock Singapore. It will teach you how you can grow your wealth in the years ahead.

Also, like us on Facebook to follow our latest hot articles. The Motley Fool's purpose is to help the world invest, better.

The information provided is for general information purposes only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Chin Hui Leong doesn’t own shares in any companies mentioned.