Standard Report
Report Date: 13-08-2019

SAMPLE TELECOM MYANMAR COMPANY LIMITEDနမနာ ဆက်သယွ ေ် ရး ြမန်မာ ကမဏီARK Enterprise, apartner of Confirmis
ASEAN in Thailand

MM000000775

86
Did You Know?
Subject is authorised partner of Huawei Enterprise under its “Channel Partner Program” in 2018
Subject was honored Top 5 Best Telecom Services in Myanmar by The Myanmar Times in 2017-2018.
Subject is looking for foreign investor to raise capital strength.

The Business Expectations Survey (BES) is a quarterly survey which provides data on the expectations of businesses in the coming quarter for a range ofindicators (sales/revenue, income, selling prices, investment/capital expenditure, stocks/inventory and employment). The index is measured on a scale of 0-100
and computed based on businesses (respondents) as percentage changes between coming quarter and current quarter.

Page 1 of 9

Company Summary
Business Name

SAMPLE TELECOM MYANMAR COMPANY LIMITED

Business Former Name

SAMPLE OPERATIONS COMPANY LIMITED

Trading Style

STM CO LTD

Company Registration Number628 2006-2007

Year Established21-08-2007

Ticker Symbol-Company Address

No.54,Eastern Business Centre,4th Floor and 5th Floor
Lay Daung Kan Road,Thingangyun,
Yangon 70010
Myanmar

Telephone No.

95 1 8550706
95 1 8850707

Fax No.

95 1 8550708

Mobile No.

95 9 77623802

Company Web Page

www.samplemyanamar.com.mm

Line of Business
NAICS

Wired Telecommunications carriers
Mobile phone stores, primarily selling mobile phone service plans
517311517312Currency Used

MMK

Latest Sales Turnover

9,940,424,951

Employee Size

423

Tax Code-

Company Structure
Company Structure

Private Limited Company

Company Former Name

SAMPLE OPERATIONS COMPANY LIMITED

Date Change

12-01-2016

Authorised Capital

500,000,000,000

Issued Capital

12,212,906,000

Paid Up Capital

12,212,906,000 As Of 31-12-2018

Registered Address

No.54,Eastern Business Centre,4th Floor and 5th Floor
Lay Daung Kan Road,Thingangyun,Yangon 70010
MyanmarPremises (Owned/Leased)

Owned

AuditorSein WIn & Associates

Operations
Sales Territory Breakdown

Local 100.00%, International 0.00%

Countries Exported To-Customers

Mectel, China Unicom, MPT-KSGM, Mytel

Page 2 of 9

Purchase Territory Breakdown

Local 40.00%, International 60.00%

Countries Imported From

ChinaSuppliers

China Tele Supply Co.,LtdProducts

Broadband Internet

Brand Names

GT Broadband
STM

Kanbawza BankPhoto Gallery

Page 3 of 9

Chief Executive Officer
First Name

Last Name

Title

Appointment Date

Thiha

Lwin

Chief Executive Officer

2006

Key Executives
Years Of
Experience

First Name

Last Name

Position

Qualification

Ohmar

HlaingChief Financial Officer

Thiha

Lwin

Chief Executive Officer

Bachelor of Commerce(B.com),20
Certified Public Accountant (C.P.A)
MBA, Yangon University, Myanmar 25

Board of Directors
First Name

Last Name

Position

Nationality

Date AppointedAung

Than

Non-executive
Director

Burmese2006

Khin Hnin

Lwin

DirectorBurmese

2006

Kyaw Zwar

Lwin

DirectorBurmese

2008

MyintLwin

DirectorBurmese

2006

Nang Lai YiSoe

DirectorBurmese

2015

Ohmar

Lwin

DirectorBurmese

2008

ThihaLwin

Chairman cum Chief Burmese
Executive Officer

2006

ThuZarDirector

2008

BurmeseOther Directorships

Director of SAMPLE
MOBILE SERVICE COLTD, Myanmar
Chairman of SAMPLE
MOBILE SERVICE COLTD, Myanmar

Director of SAMPLE
MOBILE SERVICE CO
LTD, Myanmar

Major Shareholders
NameNationality

No. of Shares Held

Percentage (%)

Thiha Lwin

Myanmar3,014,675

24.68

Khin Hnin Lwin

Myanmar1,510,000

12.36

Myint Lwin

Myanmar1,510,000

12.36

Nang Lai Yi Soe

Myanmar1,033,825

8.47

ThuzarMyanmar1,033,000

8.46

Ohmar Lwin

Myanmar1,010,000

8.27

Kyaw Zwar Lwin

Myanmar1,010,000

8.27

Page 4 of 9

Financial Statements
Balance Sheet
In MMK for the Financial Year

2018

2017

2016

ASSETS

19,838,913

17,581,580

17,599,326

Current Assets

14,892,800

14,767,737

14,902,665

Cash & Bank

4,275,992

1,960,517

1,806,582

38,372

49,372

530,715

Cash Equivalent

4,237,620

1,911,145

1,275,867

Current Accounts Receivables

6,066,708

7,362,546

9,484,991

Account receivables from customers

6,066,708

7,362,546

9,484,991

Inventories

2,286,102

1,739,221

1,675,512

Inventories

2,286,102

1,739,221

1,675,512

Other Current Assets

2,263,998

3,705,453

1,935,580

Short-term prepayments

1,864,000

3,462,866

1,879,971

399,998

169,592

55,609Cash

Tax and other receivables from the State
Tender Deposit
Long-Term Assets

72,995
4,946,113

2,813,843

2,696,661

Fixed Assets

505,471

430,863304,235

Assets in Construction

505,471

430,863304,235

Investment Properties

4,440,642

2,346,242

2,392,426

Cost

4,440,6422,346,242

2,392,426

Long-Term Investments

36,738Deferred Expensens

36,738LIABILITIES & EQUITY

19,838,913

17,581,580

17,599,326

Liabilities

1,789,092

5,646,637

7,955,173

Current Liabilities

1,789,092

4,646,637

6,955,173

Due to customer
Other payables

98,849816,868

3,713,836

Provident & pensions

6,049,185
4,700

Provision Income Tax

475,203459,497352,173

Provision commercial tax

497,021473,304

450,266

Long-Term Liabilities

1,000,000

1,000,000

Creditors & borrowings

1,000,000

1,000,000

Equity18,049,82111,934,943

9,644,153

Capital

18,049,821

11,934,943

9,644,153

Share capital

12,212,906

9,347,800

640,000

Share premium

2,346,892

143,900

Retained earnings

1,809,910

1,064,753

Page 5 of 9

7,947,634

Net Profit

1,680,113

1,378,490

1,056,519

2018

2017

2016

Gross revenue

9,940,424

9,466,082

12,305,608

Net Revenue

9,940,424

9,466,082

12,305,608

Cost of Sales(4,358,820)(6,092,570)(5,847,344)

Gross Profit

5,581,604

3,373,512

6,458,264

Financial income

111,061

913,009

113,821

Financial expenses(100,000)(240,000)

Selling expenses(124,313)(109,548)(3,314,106)

General and administrative expenses(3,092,334)(2,098,987)(1,849,288)

Net Operating Profit (Loss)

2,376,018

1,837,986

1,408,691

Net Profit (Loss) Before Tax

2,376,018

1,837,986

1,408,691

Income tax / other taxes(475,203)(459,496)(352,173)

Commercial Tax(220,702)

Net Profit (Loss) After Tax

1,680,113

1,378,490

1,056,518

Dividends & transfers to reserves(276,656)

Prior year adjustment(356,677)
18,049,821

11,934,943

9,644,153

Financial Year

2018

2017

2016

Current Ratio

8.32

3.18

2.14

Quick Ratio

7.05

2.80

1.90

Receivable turnover

1.64

1.29

1.30

Inventory turnover

4.35

5.44

7.34

Total assets turnover

0.50

0.54

0.70

Debt ratio

0.09

0.32

0.45

Debt-Equity ratio

0.10

0.47

0.82

Return on sales

16.90%

14.56%

8.59%

Return on assets

8.47%

7.84%

6.00%

Return on equity

9.31%

11.55%

10.96%

Profit and Loss
In MMK for the Financial Year

Plus (minus) retained earnings b/f

RatiosPage 6 of 9Subsidiaries
NameHolding (%)

Country

SAMPLE MOBILE SERVICE CO LTD

55.00

Myanmar

CBNBranches
NameLocation

Country

Other service counters

Nationwide

MyanmarSales Office

No7, Tarmwe Township,
YangonMyanmar

Page 7 of 9CBNConfirmis Risk Index

86

RatingDescription

AA

91-100

Very Low Risk

AB

71-90

Low Risk

BB

51-70

Moderate Risk

CC21-50High Risk

DD

1-20

Very High Risk

NRNR

Not Rated

Confirmis Risk Index (CRI) is the overall measure of businesses' risk in relation to potential failure. Calculated by using 10 key risk
components, involving financial and non-financial aspects of business. The CRI is specifically tuned to assess Small and Medium Enterprise(SME) business risk across Southeast Asia.

Payment / Business Behavior Feedback
Business Behavior Feedback (Incl.
Proxy Data)

RatingTrade Supplier Feedback

Business Behavior Feedback (Incl. Proxy Data)

RatingTrade Supplier Feedback
Perpetual late payment

Mainly negative feedback

Frequent delay payment, require reminders

Occasionally some negative feedback, overall net positives

Occasionally delay payment, no reminders required

Mainly positive feedback

Always on time payment
5 star customer, prompt and early payment!

Confirmis’ feedback system is designed to capture and aggregate sentiment that reflect the ‘behavior’ of individual businesses, both fromthe perspective of customer payment timeliness and comments/feedback gathered on suppliers ’ quality, such as delivery timeliness andquality of goods sold. An effective feedback system allows users to gain ‘experience’ insight on businesses.

Events/Highlights
Subject is authorised partner of Huawei Enterprise under its “Channel Partner Program” in 2018
Subject was honored Top 5 Best Telecom Services in Myanmar by The Myanmar Times in 2017-2018.
Subject is looking for foreign investor to raise capital strength.

Page 8 of 9Customized Questions

COPYRIGHT
2017
CONFIRMIS.
THIS REPORT MAY NOT BE REPRODUCED IN WHOLE OR IN PART IN ANY FORM OR MANNER WHATSOEVER.
This report is prepared for the customer/subscriber in strict confidence for the use by the customer/subscriber as part ofthe decision making process with subject company. This report contains information compiled, derived and modelled frominformation which Confirmis does not control and which has not been verified unless otherwise indicated in this report.
Confirmis therefore cannot accept responsibility for the accuracy, completeness or timeliness of the report. Confirmis
disclaims all liability for any loss or damage arising out of or in anyway related to the contents of this report.

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