Kang Yong Electric Public Co., Ltd.

Kang Yong Electric Public Co., Ltd.

278.00
THB
-1.00
(-0.36%)
28.94EPS
10.64P/E
6.10BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
384.53
394.33
400.24
411.61
392.35
378.3
389.06
418.48
398.88
424.17
357.54
307.18
235.17
242.44
Basic EPS, GAAP
23
42.13
38.27
60.72
32.69
8.56
31.38
50.42
17.02
8.06
37.25
35.48
31.2
28.94
Free Cash Flow per Basic Share
-5.57
5.75
7.35
13.29
-10.7
2.03
11.81
37.68
-28.32
-20.88
34.58
-0.31
13.02
4
Dividend per Share
19.55
11.5
21.07
19.14
30.36
17.09
4.55
15.7
25.25
8.55
4.1
29.85
17.8
- -
Book Value per Share
199.3
229.37
246.4
287.85
289.79
263.51
289.6
423.78
404.64
398.94
473.14
484.27
497.4
465.35
Tangible Book Value per Share
199.3
229.37
246.02
286.14
287.76
261.43
287.81
422.25
403.26
397.57
471.67
483.04
496.26
464.35
Basic Weighted Avg Shares
22
22
22
22
22
21
20
20
20
20
20
20
20
20
Sales/Revenue/Turnover
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
4,799
Operating Margin (%)
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
-4.38
Depreciation Expense
277
282
291
345
352
359
360
398
367
349
317
343
287
277
Net Income, GAAP
506
927
842
1,336
719
180
621
998
337
160
738
703
618
573
Effective Tax Rate (%)
10.09
7.93
7.19
8.65
6.8
- -
7.34
12.05
- -
- -
7.3
0.44
3.16
3.48
Profit Margin (%)
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
11.94
Working Capital
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
6,262
LT Debt
- -
- -
- -
- -
- -
- -
- -
13
10
13
7
10
11
10
Total Equity
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
9,214
Return on Invested Capital (%)
11.62
19.62
16.04
7.42
3.43
- -
2.84
14.01
- -
- -
8.52
7.39
6.34
5.9
Return on Capital (%)
11.63
19.66
16.09
22.73
11.32
- -
11.35
14.12
- -
- -
8.53
7.4
6.35
5.92
Return on Common Equity (%)
11.63
19.66
16.09
22.73
11.32
3.11
11.35
14.13
4.11
2.01
8.54
7.41
6.36
5.92

Capital Structure

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
10
9
8
LT Borrowings
- -
- -
- -
LT Finance Leases
12
11
10
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
20
20
20
Market Capitalization
5,603
5,702
6,098

Working Capital

THB

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
6,740
6,910
6,980
Cash, Cash Equivalents & STI
3,186
3,650
3,957
Accounts Receivable, Net
463
616
571
Inventories
684
580
604
Total Current Liabilities
478
626
718
Payables & Accruals
453
609
703
ST Debt
10
9
8
Deferred Revenue
- -
- -
- -

Growth Rates

THB

•

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

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,492
1,597
1,147
1,846
6,082
2026
1,097
1,344
925
1,291
4,656
2027
1,239
- -
- -
- -
- -

Quarterly Earnings Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
3.12
13.1
18.63
0.62
35.48
2026
-0.23
18.98
14.03
-1.58
31.2
2027
-2.49
- -
- -
- -
- -

Quarterly Dividends Per Share

THB

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
29.85
2026
- -
- -
- -
- -
17.8
2027
- -
- -
- -
- -
- -

Company Description

CEO
Kiyoshi Odate
Full Time Employees
1,228
Sector
Electronic technology
Industry
Electronic components
Address
67 Moo 11 Samut Prakan SP Thailand 10540
IPO Date
May 11, 1994
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.