The Company providing design and develop Document and Data Management Solution, start from document digitization to document management organization and cyber security service. Subsidiary's company providing engineering turnkey services relating to technology for government projects especially green technology for reduce global warming.
| 3M23 | 3M22 | 2022 | 2021 |
|---|
| Revenues | 416.04 | 320.91 | 1,239.90 | 1,093.64 |
| Expenses | 314.27 | 240.26 | 947.41 | 889.27 |
| Net Profit (Loss) | 80.83 | 58.61 | 234.75 | 200.68 |
| Assets | 1,811.77 | 1,531.51 | 1,658.31 | 1,342.90 |
| Liabilities | 437.03 | 440.02 | 390.40 | 310.01 |
| Shareholders' Equity | 1,374.74 | 1,091.50 | 1,267.91 | 1,032.89 |
| Operating | -25.04 | 177.48 | 357.83 | 145.47 |
| Investing | -110.12 | -186.75 | -425.86 | -46.94 |
| Financing | -2.46 | -70.79 | -101.61 | 303.07 |
| EPS (Baht) | 0.15 | 0.13 | 0.47 | 0.48 |
| GP Margin (%) | 32.96 | 34.08 | 33.25 | 29.58 |
| NP Margin (%) | 19.43 | 18.26 | 18.93 | 18.35 |
| D/E Ratio (x) | 0.32 | 0.40 | 0.31 | 0.30 |
| ROE (%) | 20.84 | 31.44 | 20.41 | 29.39 |
| ROA (%) | 19.39 | 24.15 | 19.73 | 23.86 |
Business of Document Management Systems
Emphasize on data organization and management utilizing technology for document management system and digitize operation and working environment within organization to improve the document management efficiency either in the government sector, state enterprises, and private sector. Also expanding into Cyber Security business and the development of document management systems in the form of cloud-based services (Software as a Service (SaaS)).
Business of Green Technology
Focuses on reduce global warming, the Company signed the mangrove reforestation project for benefits from the Carbon Credit and focus on waste management project for reduce municipal waste.
Business of Technology Engineering
Focuses on engineering related to green technology which integrate new innovations into the Thai culture such as
- New Smart Zoo
- Telemetry projects
- Museum projects
Business of rental and distribution of technology products
Focus on expanding POS system product and services and drive-thru system to address clients’ need and to keep pace with the world's fast evolving technologies.
- Signed contract for the Construction of the New Zoo Phase 1, Khlong Hok with the Zoological Park Organization of Thailand under the Royal Patronage of H.M. the King under RSDT Consortium. Total project value (including VAT) is 5.354 billion Baht
- Developing a document management system (“dap”) for government agencies to support government operations according to the Act on Electronic Performance of Administrative Functions (“Act”) and for document management system on cloud for private agencies
- Signed the mangrove reforestation project for benefits from the Carbon Credit for the Year 2022. 1) The Company has been allocated the land for mangroves reforestation as of 2022 and has partnered with another company total of 21,658.19 Rais with contract period of 30 years and 2) Mangroves Reforestation for Carbon Credit with community year 2023 with the Department of Mineral and Coastal Resources where the Company is allocated 26,508-2 -22 Rai
For Q1/2023, Ditto (Thailand) Public Company and its subsidiary generates revenue from sales and services at 415.32 million Baht, 95.57 million Baht increase from the previous year, which is a 30% growth and generate profit of 80.83 million Baht, 22.22 million Baht increase from the previous year, which is a 38% growth.
2001 The company was founded to import and recondition used photocopiers for distribution, rent, sale, and provision of services.
2006 Established Siam TC Technology Co., Ltd. ("Subsidiary") to provide technical engineering turnkey project service.
2015 Expand the service to distribution and provision of document management solutions.
2018 Expand business to Drive-Thru services and was appointed as the distributor of HME brand (Drive-Thru system products)
2021 Listed in MAI (Market for Alternative Investment) as “Ditto” (Tech industry) ,started Cyber Security services and start design and develop control system for waste sorting plant (RDF).
2022 Signed the mangrove reforestation project for benefits from the Carbon Credit. The Company has been allocate and partnered for another company the land for mangroves reforestation total of 21,658.19 Rais with project period of 30 years
2023 Mangroves Reforestation for Carbon Credit with community year 2023 with the Department of Mineral and Coastal Resources where the Company is allocated 26,508-2 -22 Rai (6,601.98 acres)
2023 Signed contract for the Construction of the New Zoo Phase 1, Khlong Hok with the Zoological Park Organization of Thailand under the Royal Patronage of H.M. the King under RSDT Consortium. Total project value (including VAT) is 5.354 billion Baht
The risk of technological change
Businesses of the Company and its subsidiary are those that’s been evolved and technology has been transformed over time that affects both in efficiency, price, and suitability of our products and services. This will surely have an impact on the competitiveness and industry competitive environment. The Company and its subsidiary, therefore, have to study and keep track of the changes in technologies. Including provisioning new products to be able to compete continuously. Moreover, the Company and its subsidiary regularly train staff of the Company and its subsidiaries to have knowledge and understanding of ever-changing technologies from various media.
| as of 31/03/23 | DITTO | TECH | mai |
|---|---|---|---|
| P/E (X) | 92.46 | 47.98 | 66.21 |
| P/BV (X) | 17.12 | 5.26 | 2.85 |
| Dividend yield (%) | 0.03 | 0.88 | 1.26 |
| 31/03/23 | 30/12/22 | 30/12/21 | |
|---|---|---|---|
| Market Cap (MB) | 18,088.03 | 31,419.33 | 11,990.00 |
| Price (B/Share) | 34.25 | 59.50 | 27.25 |
| P/E (X) | 92.46 | 119.00 | 81.03 |
| P/BV (X) | 17.12 | 25.69 | 12.43 |
