Charan Insurance Public Company Limited
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Charan Insurance Public Company Financial Snapshot
Limited Operating Performance
Fast Facts The company reported revenue of US$4.69 million
during the fiscal year 2010 (2010). The company's
Charan Insurance Building, 408/1, Bangkok, revenue grew at a CAGR of 1.09% during 2006 -
Headquarters Address
10310,Thailand 2010, with an annual growth of 9.33% over 2009. In
2010, the company recorded an operating margin of
Telephone + 66 2 2761024
13.56%, as against 20.18% in 2009.
Fax + 66 2 2754919
Revenue and Margins
Website www.charaninsurance.com
CHARAN, Stock Exchange of Thailand
Ticker Symbol, Stock Exchange
(Bangkok)
Number of Employees 84
Fiscal Year End December
Revenue (in US$ million) 4.69
Revenue (in THB million) 149.71
Return on Equity
SWOT Analysis The company recorded a return on equity (ROE) of
2.46% for 2010, as compared to its peers, Siam
Strengths Weaknesses Commercial Samaggi Insurance PCL (SCSMG),
Thaivivat Insurance PCL (TVI) and The Navakij
Broad product portfolio Increase in operating expenses Insurance Public Company Limited (NKI), which
recorded ROEs of 16.34%, 7.66% and 7.40%
Strong performance of automobile and respectively. The company reported an operating
Overdependence on select region margin of 10.84% in 2010.
marine insurance segments
Opportunities Threats
Return on Equity
Low insurance penetration level in
Fluctuations in interest rates
Thailand
Positive outlook for Thailand insurance
Natural calamities
market
Political instability
Financial Leverage
The company reported a debt to equity ratio of 0.00 in
2010, as compared to its peers, Siam Commercial
Samaggi Insurance PCL, Thaivivat Insurance PCL
and The Navakij Insurance Public Company Limited,
which recorded debt to equity ratios of 0.00, 0.00 and
0.00 respectively.Furthermore, in 2010, the company
recorded a debt to capital ratio of 0.00, as compared
to its peers, Siam Commercial Samaggi Insurance
PCL, Thaivivat Insurance PCL and The Navakij
Insurance Public Company Limited, which recorded
debt to capital ratios of 0.00, 0.00 and 0.00
respectively.
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Charan Insurance Public Company Limited - SWOT Page 1
Profile
Charan Insurance Public Company Limited
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TABLE OF CONTENTS
1 Business Analysis ................................................................................................................................... 5
1.1 Company Overview ................................................................................................................................................5
1.2 Business Description ..............................................................................................................................................5
1.3 Major Products and Services .................................................................................................................................6
2 Analysis of Key Performance Indicators ............................................................................................... 7
2.1 Five Year Snapshot: Overview of Financial and Operational Performance Indicators ..........................................7
2.2 Key Financial Performance Indicators ...................................................................................................................9
2.2.1 Total Revenues and Operating Profit ................................................................................................................9
2.2.2 Total Premiums Earned ...................................................................................................................................10
2.2.3 Asset, Liabilities and Capex .............................................................................................................................11
2.2.4 Valuation ..........................................................................................................................................................12
2.3 Competitive Benchmarking ..................................................................................................................................13
2.3.1 Market Capitalization .......................................................................................................................................13
2.3.2 Efficiency ..........................................................................................................................................................14
2.3.3 Total Premiums Earned ...................................................................................................................................15
2.3.4 Capital Expenditure ..........................................................................................................................................16
2.3.5 Asset Turnover .................................................................................................................................................17
3 SWOT Analysis ...................................................................................................................................... 18
3.1 SWOT Analysis - Overview ..................................................................................................................................18
3.2 Strengths ..............................................................................................................................................................18
3.3 Weaknesses .........................................................................................................................................................18
3.4 Opportunities ........................................................................................................................................................18
3.5 Threats .................................................................................................................................................................19
4 Company Statement .............................................................................................................................. 20
5 History .................................................................................................................................................... 21
6 Key Employees ...................................................................................................................................... 22
7 Key Employee Biographies................................................................................................................... 23
8 Locations and Subsidiaries .................................................................................................................. 24
8.1 Head Office ..........................................................................................................................................................24
8.2