CIG Stock Overview

Manufactures and distributes air conditioning and refrigeration units and parts in Thailand and internationally. More details

CIG fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	0/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 97.6% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (THB144M)

Highly volatile share price over the past 3 months compared to the TH market

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

C.I. Group Public Company Limited Competitors

Patkol

SET:PK

฿244.8m

Kulthorn Kirby

SET:KKC

฿60.0m

Tapaco

SET:TAPAC

฿214.2m

Filter Vision

SET:FVC

฿228.1m

Price History & Performance

Summary of share price highs, lows and changes for C.I. Group
Historical stock prices
Current Share Price	฿0.05
52 Week High	฿0.10
52 Week Low	฿0.03
Beta	1.29
1 Month Change	25.00%
3 Month Change	0%
1 Year Change	-44.44%
3 Year Change	-92.75%
5 Year Change	-76.19%
Change since IPO	-97.02%

Recent updates

Shareholder Returns

	CIG	TH Machinery	TH Market
7D	25.0%	-4.3%	-5.6%
1Y	-44.4%	-26.1%	-9.8%

Return vs Industry: CIG underperformed the TH Machinery industry which returned -26.1% over the past year.

Return vs Market: CIG underperformed the TH Market which returned -9.8% over the past year.

Price Volatility

Is CIG's price volatile compared to industry and market?
CIG volatility
CIG Average Weekly Movement	30.7%
Machinery Industry Average Movement	4.6%
Market Average Movement	4.7%
10% most volatile stocks in TH Market	9.3%
10% least volatile stocks in TH Market	2.1%

Stable Share Price: CIG's share price has been volatile over the past 3 months compared to the TH market.

Volatility Over Time: CIG's weekly volatility (31%) has been stable over the past year, but is still higher than 75% of TH stocks.

About the Company

Founded	Employees	CEO	Website
1983	n/a	n/a	www.cigpcl.com

C.I. Group Public Company Limited manufactures and distributes air conditioning and refrigeration units and parts in Thailand and internationally. The company provides 5MM, aluminum, condenser, water, evaporator coil, and tube-in-tube heat exchanger; and heavy duty air purifiers, air handling units, air cooled condensers, condensing units, unit coolers, air purifier, and SAVE-COOL, an adiabatic liquid cooling for factories. It also offers building envelope products, such as KingZip, a zipped roofing system; K-Dek, a factory manufactured single component system; RW; foilback systems, including gutters, safety systems, light solutions, and specialist fabrications; BENCHMARK and Kingspan insulated products; architectural wall panels; and cold store systems.

C.I. Group Public Company Limited Fundamentals Summary

How do C.I. Group's earnings and revenue compare to its market cap?
CIG fundamental statistics
Market cap	฿144.46m
Earnings (TTM)	-฿202.64m
Revenue (TTM)	฿439.99m

0.4x

P/S Ratio

-0.9x

P/E Ratio

Is CIG overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CIG income statement (TTM)
Revenue	฿439.99m
Cost of Revenue	฿417.80m
Gross Profit	฿22.20m
Other Expenses	฿224.83m
Earnings	-฿202.64m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	-0.056
Gross Margin	5.04%
Net Profit Margin	-46.05%
Debt/Equity Ratio	23.4%

How did CIG perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/02/07 12:40
End of Day Share Price	2025/02/07 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

C.I. Group Public Company Limited is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

CIG Stock Overview

Rewards

Risk Analysis

C.I. Group Public Company Limited Competitors

SET:PK

฿244.8m

SET:KKC

฿60.0m

SET:TAPAC

฿214.2m

SET:FVC

฿228.1m

Price History & Performance

Recent News & Updates

New major risk - Shareholder dilution

C.I. Group Public Company Limited Approves the Appointment of Suvicha Nalita as Director and Managing Director

Second quarter 2024 earnings released: ฿0.028 loss per share (vs ฿0.056 profit in 2Q 2023)

First quarter 2024 earnings released: ฿0.013 loss per share (vs ฿0.01 loss in 1Q 2023)

C.I. Group Public Company Limited announced a financing transaction

Full year 2023 earnings released: EPS: ฿0.003 (vs ฿0.14 loss in FY 2022)

Recent updates

New major risk - Shareholder dilution

C.I. Group Public Company Limited Approves the Appointment of Suvicha Nalita as Director and Managing Director

Second quarter 2024 earnings released: ฿0.028 loss per share (vs ฿0.056 profit in 2Q 2023)

First quarter 2024 earnings released: ฿0.013 loss per share (vs ฿0.01 loss in 1Q 2023)

C.I. Group Public Company Limited announced a financing transaction

Full year 2023 earnings released: EPS: ฿0.003 (vs ฿0.14 loss in FY 2022)

C.I. Group Public Company Limited, Annual General Meeting, Apr 30, 2024

C.I. Group Public Company Limited Announces Acting Managing Director Changes

Third quarter 2023 earnings released: ฿0.012 loss per share (vs ฿0.033 loss in 3Q 2022)

C.I. Group Public Company Limited Announces Board and Committee Changes

New major risk - Market cap size

C.I. Group Public Company Limited Announces Chief Financial Officer Changes

C.I. Group Public Company Limited Announces Resignation of Yaowarote Klinboon as Independent Director and Audit Committee

C.I. Group Public Company Limited announced that it expects to receive THB 300 million in funding from ZICO Asset Management Pte. Ltd., Advance Capital Partners Asset Management Private Limited

Second quarter 2023 earnings released: EPS: ฿0.056 (vs ฿0.028 loss in 2Q 2022)

C.I. Group Public Company Limited Announces Resignation of Bannat Nakaphan as Acting Chief Financial Officer

C.I. Group Public Company Limited Announces Executive Changes

C.I. Group Public Company Limited Announces the Resignation of Pimonyupa Suvarnajata as Independent Directors and Audit Committee

First quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.015 loss in 1Q 2022)

C.I. Group Public Company Limited (SET:CIG) agreed to acquire J Ling Solution Co., Ltd. from J LING HOLDING COMPANY, Sathapat Phuthongkam and Danita Kunthikan for THB 660 million.

Third quarter 2022 earnings released: ฿0.034 loss per share (vs ฿0.059 loss in 3Q 2021)

Less than half of directors are independent

C.I. Group Public Company Limited Appoints Pat Lapanun as Director

C.I. Group Public Company Limited Announces the Resignation Navawit Kuvanant as Directors

C.I. Group Public Company Limited Announces Board Changes

C.I. Group Public Company Limited Announces Resignation of Independent Directors and Audit Committee

C.I. Group Public Company Limited Announces Board Appointments

Second quarter 2022 earnings released: ฿0.028 loss per share (vs ฿0.008 loss in 2Q 2021)

First quarter 2022 earnings released: ฿0.011 loss per share (vs ฿0.039 loss in 1Q 2021)

Less than half of directors are independent

C.I. Group Public Company Limited, Annual General Meeting, Apr 29, 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

C.I. Group Public Company Limited Announces Change of Managing Director

C.I. Group Public Company Limited Announces Managing Director Changes, Effective February 1, 2022

Second quarter 2021 earnings released: ฿0.008 loss per share (vs ฿0.027 loss in 2Q 2020)

First quarter 2021 earnings released: ฿0.039 loss per share (vs ฿0.059 loss in 1Q 2020)

Full year 2020 earnings released: ฿0.15 loss per share (vs ฿0.23 loss in FY 2019)

C.I. Group Public Company Limited, Annual General Meeting, Apr 20, 2021

New 90-day high: ฿0.29

New 90-day high: ฿0.28

Third quarter 2020 earnings released: ฿0.038 loss per share