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  2. •

    Producer manufacturing

  3. •

    Electrical products
Kijcharoen Engineering Electric PCL

Kijcharoen Engineering Electric PCL

6.10
THB
+0.05
(+0.83%)
0.48EPS
12.71P/E
1.42BMarket Cap
Kijcharoen Engineering Electric PCL
SET:KJL
(Stock Exchange of Thailand)

Recent

price

6.10

P/E

ratio

12.71

div

yld

7.37%

ROIC.AI

2020
2021
2022
2023
2024
2025
TTM
THB
3.01
3.62
5.68
4.67
5.19
4.84
5.14
Revenue per Share
0.39
0.41
0.73
0.66
0.78
0.55
0.48
Basic EPS, GAAP
-0.67
0.42
0.51
-0.13
-0.16
-0.26
-0.18
Free Cash Flow per Basic Share
- -
0.46
0.86
0.46
0.47
0.54
0.45
Dividend per Share
0.94
0.88
2.48
2.66
2.97
2.98
2.99
Book Value per Share
0.9
0.84
2.45
2.64
2.95
2.96
2.98
Tangible Book Value per Share
232
232
180
232
232
232
232
Basic Weighted Avg Shares
698
840
1,021
1,083
1,204
1,123
1,192
Sales/Revenue/Turnover
16.2
13.84
16.39
17.59
17.55
14.58
12
Operating Margin (%)
38
45
49
52
59
59
64
Depreciation Expense
91
94
132
152
181
127
111
Net Income, GAAP
19.84
17.25
18.56
18.5
13.33
19.96
19.95
Effective Tax Rate (%)
13.03
11.2
12.89
14.08
15.06
11.3
9.34
Profit Margin (%)
-115
-145
237
22
-31
-201
-109
Working Capital
139
110
116
58
45
152
257
LT Debt
217
205
576
617
689
691
694
Total Equity
- -
19.3
20.1
19.02
21.09
12.29
9.8
Return on Invested Capital (%)
- -
21.02
21.05
19.88
21.93
12.7
10.23
Return on Capital (%)
- -
44.61
33.71
25.56
27.78
18.39
16.12
Return on Common Equity (%)

Capital Structure

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
306
306
287
LT Borrowings
152
160
257
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
232
232
232
Market Capitalization
1,427
1,369
1,415

Working Capital

THB

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
474
471
530
Cash, Cash Equivalents & STI
24
2
41
Accounts Receivable, Net
311
350
361
Inventories
99
99
108
Total Current Liabilities
675
649
639
Payables & Accruals
293
287
304
ST Debt
306
306
287
Deferred Revenue
74
52
45

Growth Rates

THB

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
39%
0.23%
Free Cash Flow
- -
-44.21%
60.4%
Net Income, GAAP
- -
9.62%
-30.04%
Sales/Revenue/Turnover
- -
10.49%
-6.76%
Total Cash Common Dividend
- -
- -
15.4%

Quarterly Revenue

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
284
299
291
330
1,204
2025
265
309
288
261
1,123
2026
308
335
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.15
0.22
0.19
0.23
0.78
2025
0.13
0.21
0.17
0.04
0.55
2026
0.11
0.17
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.3
0.17
- -
0.47
2025
- -
0.35
0.19
- -
0.54
2026
- -
0.26
- -
- -
- -
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Business
Kijcharoen Engineering Electric Public Company Limited manufactures and distributes electrical switchboard enclosures, cable trays, wiring trays, wireways, cable ladders, electrical wiring equipment, power generator panels, battery rack panels, telecommunication panels, server racks, and customized sheet metal works in Thailand. The company additionally provides electrical design and consulting services, assembling of electrical switchboard interior components, and complete electrical system installation and manufacturing services including control systems and busbar electric wiring. Its products cater to industrial factories, power plants, commercial buildings, data centers, telecommunication centers, infrastructure construction sites, and residential customers. Founded in 1996 and headquartered in Samut Sakhon, Thailand, Kijcharoen operates with advanced machinery and automation imported from Japan to enhance production efficiency. Recent major developments include the strategic investment in the KJL Innovation Campus (KiN) aimed at advancing technology capabilities and facilitating entry into new industries through innovative product development and improved production capacity. The company has expanded its manufacturing capabilities with new machinery such as metal rolling and workpiece cleaning systems to meet increasing customer demand. It maintains business cooperation with Schneider Electric of France, enhancing its product offerings and service quality. In 2024, Kijcharoen notably increased revenues driven by expanded sales of standard and made-to-order products and invested significantly in upgrading its production infrastructure and factory automation systems. Kijcharoen serves the Thai market primarily but supports projects related to electrical infrastructure across various industrial and commercial sectors. Its product portfolio includes main distribution boards (MDB), sub-distribution boards (SDB), emergency distribution boards (EMDB), generator panels, and a variety of electrical enclosures tailored to specific client requirements. The company continues to grow through enhanced technological innovation, expanded product offerings, and solidified strategic partnerships.