1. Thailand Stocks

  2. •

    Consumer Cyclical

  3. •

    Furnishings, Fixtures & Appliances
Kang Yong Electric Public Company Limited

Kang Yong Electric Public Company Limited

KYE.BK
Kang Yong Electric Public Company LimitedTH flagStock Exchange of Thailand
315.00
THB
+3.00
- -
6.24BMarket Cap
Kang Yong Electric Public Company Limited
KYE.BK
(Stock Exchange of Thailand)

Recent

price

315.00

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
361.07
427.05
434.31
384.53
394.33
400.24
411.61
392.35
378.3
389.06
418.48
398.88
424.17
357.54
307.18
- -
236.44
Revenue per Share
28.32
31.63
38.9
23
42.13
38.27
60.72
32.69
8.56
31.38
50.42
17.02
8.06
37.25
35.48
- -
31.36
Basic EPS, GAAP
-2.83
14.27
-4.27
-5.57
5.75
7.35
13.29
-10.7
2.03
11.81
37.68
-28.32
-20.88
34.58
-0.31
- -
13.09
Free Cash Flow per Basic Share
21.25
14.25
15.82
19.55
11.5
21.07
19.14
30.36
17.09
4.55
15.7
25.25
8.55
4.1
29.85
- -
- -
Dividend per Share
117.59
119.78
142.86
146.04
176.06
193
234.54
236.6
192.44
230.75
266.02
258.14
257.79
290.83
296.23
- -
309.97
Book Value per Share
151.75
173.29
196.38
199.3
229.37
246.02
286.14
287.76
245.99
287.81
422.25
403.26
397.57
471.67
483.04
- -
498.94
Tangible Book Value per Share
22
22
22
22
22
22
22
22
21
20
20
20
20
20
20
- -
20
Basic Weighted Avg Shares
7,944
9,395
9,555
8,460
8,675
8,805
9,055
8,632
7,960
7,703
8,286
7,898
8,399
7,079
6,082
4,656
4,656
Sales/Revenue/Turnover
5.89
5.58
4.37
1.95
3.32
2.42
5.3
2.72
-1.37
2.19
7.91
-2.64
-1.9
2.23
-2.17
-3.37
-3.37
Operating Margin (%)
211
203
210
277
282
291
345
352
359
360
398
367
349
317
343
287
287
Depreciation Expense
623
696
856
506
927
842
1,336
719
180
621
998
337
160
738
703
618
618
Net Income, GAAP
20.18
22.63
12.15
10.09
7.93
7.19
8.65
6.8
- -
7.34
12.05
- -
- -
7.3
0.44
3.16
3.16
Effective Tax Rate (%)
7.84
7.41
8.96
5.98
10.68
9.56
14.75
8.33
2.26
8.07
12.05
4.27
1.9
10.42
11.55
13.27
13.27
Profit Margin (%)
2,745
3,104
3,347
3,337
3,942
4,244
5,018
4,932
3,821
4,318
5,073
4,823
4,868
5,610
5,861
6,284
6,284
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
13
10
13
7
10
11
11
LT Debt
3,339
3,812
4,320
4,385
5,046
5,421
6,333
6,375
5,217
5,734
8,391
8,012
7,899
9,368
9,589
9,848
9,848
Total Equity
11.1
11.21
8.93
3.4
5.61
3.77
7.42
3.43
- -
2.84
8.08
- -
- -
1.69
-1.38
-1.56
-1.56
Return on Invested Capital (%)
24.31
26.65
29.62
15.92
26.16
20.74
28.4
13.88
- -
14.42
20.26
- -
- -
13.54
12.06
10.3
10.3
Return on Capital (%)
24.31
26.65
29.62
15.92
26.16
20.74
28.4
13.88
3.89
14.42
20.3
6.5
3.12
13.58
12.09
10.32
10.32
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
10
10
9
LT Borrowings
- -
- -
- -
LT Finance Leases
15
12
11
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
5,574
5,573
5,672

Working Capital

FRC

•

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
6,689
6,740
6,910
Cash, Cash Equivalents & STI
3,386
3,186
3,650
Accounts Receivable, Net
645
463
616
Inventories
593
684
580
Total Current Liabilities
755
478
626
Payables & Accruals
738
453
609
ST Debt
10
10
9
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
7.33%
3.55%
2.71%
Free Cash Flow
-440.75%
-971.33%
-4,288.73%
Net Income, GAAP
46.96%
45.3%
-12.07%
Sales/Revenue/Turnover
-5.69%
-10.31%
-23.44%
Total Cash Common Dividend
70.37%
106.06%
-40.37%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
2,097
1,780
1,297
1,905
7,079
2025
1,492
1,597
1,147
1,846
6,082
2026
1,097
1,344
925
1,291
4,656

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6.63
15.08
12.64
- -
37.25
2025
3.12
13.1
18.63
- -
35.48
2026
-0.23
18.98
14.03
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
4.1
2025
- -
- -
- -
- -
29.85
2026
- -
- -
- -
- -
- -
Similar Companies
Plaza Holdings Co.,ltd. (7502.T)
Cuckoo Holdings Co., Ltd. (192400.KS)
Symphony Limited (SYMPHONY.NS)
Nova LifeStyle, Inc. (XWIN)
Wakefit Innovations Ltd. (WAKEFIT.NS)
The Keller Manufacturing Company, Inc. (KMFI)
Business
Kang Yong Electric Public Company Limited manufactures and distributes Mitsubishi Electric-brand home electrical appliances, including refrigerators, electric fans, ventilating fans, water pumps, and jet towels (hand dryers). The company, founded in 1964 as a Thai-Japanese joint venture between the Phodhivorakhun family group and Mitsubishi Electric Corporation of Japan, is headquartered in Samut Prakan, Thailand, and listed on the Stock Exchange of Thailand under the ticker KYE.BK since 1993. It holds certifications including ISO 9001 for quality management, ISO 14001 for environmental management, and ISO 50001 for energy management across its product lines, emphasizing premium safety standards with nonflammable materials and RoHS compliance. The company serves domestic and export markets through its sole distributor, Mitsubishi Electric Kang Yong Wattana Co., Ltd., for Thailand, while exporting to over 20 countries including Japan, Hong Kong, Taiwan, Australia, New Zealand, Singapore, Malaysia, Central Asia, and the Middle East. Its shareholder structure features Mitsubishi Electric Corporation as the largest holder at 45.72%, followed by the Phodhivorakhun family group at 25.87%, with paid-up capital of 198 million baht comprising 19.8 million ordinary shares. In 2019, Kang Yong Electric reduced its paid-up registered capital from 220 million baht to 198 million baht. Recent board changes include notifications of director resignations and appointments in May 2025 and July 2025, alongside routine financial disclosures such as quarterly performance reports and management discussions through fiscal year 2025. The company continues to prioritize sustainable growth strategies, stable management systems, and top emphasis on safety, health, quality, and regulatory compliance amid ongoing global market expansion.