Indara Insurance Public Company Limited: Company Profile and SWOT Analysis by WMIntelligence

VIEWS: 4 PAGES: 26

More Info
									Indara Insurance Public Company Limited

_________________________________________________________________________________



Indara Insurance Public Company                                              Financial Snapshot

Limited                                                                      Operating Performance

Fast Facts                                                                   The company reported revenue of US$9.71 million
                                                                             during the fiscal year 2010 (2010). The company's
                                        364/29 Si Ayutthaya Road, Bangkok,   revenue grew at a CAGR of 30.76% during 2006 -
Headquarters Address
                                        10400,Thailand                       2010, with an annual growth of 67.88% over 2009. In
                                                                             2010, the company recorded an operating margin of
Telephone                               + 66 2 2479261
                                                                             3.83%, as against -11.94% in 2009.
Fax                                     + 66 2 2479260
                                                                             Revenue and Margins
Website                                 www.indara.co.th

                                        INSURE, Stock Exchange of Thailand
Ticker Symbol, Stock Exchange
                                        (Bangkok)

Number of Employees                     132

Fiscal Year End                         December

Revenue (in US$ million)                9.71

Revenue (in THB million)                310.27




                                                                             Return on Equity
SWOT Analysis                                                                The company recorded a return on equity (ROE) of
                                                                             2.46% for 2010, as compared to its peers, CIGNA
Strengths                               Weaknesses                           Corporation (WIPRO), Bangkok Insurance PCL (BKI)
                                                                             and Charan Insurance Public Company Limited
Strong growth in revenues and profits   Geographic concentration             (CHARAN), which recorded ROEs of 20.24%, 6.88%
                                                                             and 2.46% respectively. The company reported an
                                                                             operating margin of 1.81% in 2010.
Strong product portfolio                Lack of scale

                                                                             Return on Equity
Opportunities                           Threats

Growing insurance industry in Thailand Changing regulations

Growth in online auto insurance         Fluctuations in interest rates

                                        Intense competition

                                        Natural calamities




                                                                             Financial Leverage

                                                                             The company reported a debt to equity ratio of 0.00 in
                                                                             2010, as compared to its peers, CIGNA Corporation,
                                                                             Bangkok Insurance PCL and Charan Insurance Public
                                                                             Company Limited, which recorded debt to equity
                                                                             ratios      of     0.43,      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, CIGNA Corporation, Bangkok Insurance
                                                                             PCL and Charan Insurance Public Company Limited,
                                                                             which recorded debt to capital ratios of 0.06, 0.00 and
                                                                             0.00 respectively.




___________________________________________________________________________________________

Indara Insurance Public Company Limited - SWOT                                                                       Page 1
Profile
Indara Insurance Public Company Limited

_________________________________________________________________________________


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
    2.3       Competitive Benchmarking ..................................................................................................................................12
      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     History .................................................................................................................................................... 20
5     Key Employees ...................................................................................................................................... 21
6     Appendix ................................................................................................................................................ 22
    6.1       Methodology .........................................................................................................................................................22
    6.2       Ratio Definitions ...................................................................................................................................................22
    6.3       Disclaimer.............................................................................................................................................................26




___________________________________________________________________________________________

Indara Insurance Public Com
								
To top