Production and distribution of Grounding System, Lightning Protection System, Surge Protection System, Lightning Detection and Warning System under the brand "Kumwell".
| 9M23 | 9M22 | 2022 | 2021 |
|---|
| Revenues | 407.54 | 393.96 | 561.83 | 471.30 |
| Expenses | 360.20 | 347.10 | 481.62 | 398.75 |
| Net Profit (Loss) | 30.39 | 34.40 | 61.81 | 57.70 |
| Assets | 921.95 | 816.33 | 915.18 | 690.63 |
| Liabilities | 367.65 | 291.17 | 361.16 | 174.06 |
| Shareholders' Equity | 554.30 | 525.17 | 554.02 | 516.57 |
| Operating | 80.04 | 19.88 | 14.59 | 35.40 |
| Investing | -82.45 | -83.47 | -133.88 | -35.60 |
| Financing | 22.49 | 72.74 | 115.23 | 3.23 |
| EPS (Baht) | 0.07 | 0.08 | 0.14 | 0.13 |
| GP Margin (%) | 38.73 | 38.69 | 39.14 | 42.95 |
| NP Margin (%) | 7.46 | 8.73 | 11.00 | 12.24 |
| D/E Ratio (x) | 0.66 | 0.55 | 0.65 | 0.34 |
| ROE (%) | 10.71 | 11.05 | 11.55 | 11.36 |
| ROA (%) | 9.29 | 10.13 | 9.99 | 11.12 |
1.Improve service process by properly react customer needs to meet customer satisfaction.
2.Enhance product quality and innovation in accordance with domestic and international standards.
3.Develop management processes with technology and database systems along with employees development to support company future growth.
4.Focus on signing memorandums of cooperation with government agencies and major state enterprises to develop products and innovations, raise grounding and lightning products standard and increase business cooperation opportunities.
Economic aspect The company is dedicated in developing, inventing, and producing new products and innovations in the field of safety to meet the expectations of stakeholders that are continuously increasing.
Social aspect The company has created a corporate culture for employees at all levels to have lifelong learning by preparing a teaching curriculum both inside and outside the organization and establishing Kumwell Academy as a learning center to deliver knowledge on safety to society.
Environment aspect To drive business towards Green Industry. The company installed a solar power generation system, reducing greenhouse gas emissions to control global temperature. The company has adopted wastewater treatment technology to manage resources for maximum benefit.
- focuses on research, development and improve product quality and innovation ability.
- Leader with Total Solution in Lightning Protection System and Safety Innovation with the Strongest Global Brand and Sustainable Growth.
For nine months of 2023, the company had sales to company had sale totally 387.9 million baht, shad revenue from services worth 16.6 million baht, increased 3.9 percent, as a result of the company’s aggressive marketing, the focus for international sales will be on increasing sales through dealers and implementing promotions to significantly boost sales volume in foreign markets. For Cost of sales and services increased 3.9 percent from the same period of last year, , which is still not related to sales that increased from raw materials that increased, and depreciation is the main. As a result, gross profit increased by 4.0 percent with increased sales. and raw materials that have increased, But the gross profit margin was similar to the same period last year. Company had a net profit of 30.4 million baht which decreased 11.7 percent when compared to the same period to the year.
- The Company has therefore established the Sustainability, Risk Management, Governance, and Procurement Committee to provide oversight and continuously develop operational processes within the organization.
- In the beginning of 2023, the company moved to the new head office to support its expansion and enable all sectors to coordinate effectively and enhance the service the needs of customers. From the sales process to the product deliverable and services process, which is an important part in enabling the company to continuously maintain its competitiveness.
- Signed MOUs in research, scientific and technology development with major state enterprises such as Electricity Generating Authority of Thailand (GAT) and Provincial Electricity Authority (PEA) to upgrade (1) safety standard, (2) efficiency of transmission system (3) high and low voltage distribution and (4) increasing opportunity for future business cooperation.
Risk of Raw Material Price Fluctuation The Company has monitored the copper, brass and steel price movements and has analyzed the situation and trend with raw material suppliers to plan the raw material purchase and reserve as well as being able to adjust the product price in accordance with the direction of raw material price.
Foreign Exchange Risk The Company uses Foreign Currency Deposit (FCD) account to minimize foreign exchange trading gap and also uses derivatives as risk management tools. However, the Company would apply hedging strategy that is appropriate with the financial market situation.
- Certified as electronic laboratory by the Thai Industrial Standards, TIS 17025 (ISO/IEC 17025), which is the only laboratory certified in ASEAN.
- Certified for domestic producer by the Thai Industrial Standards as surge protection devices (SPD) manufacturer.
- Thai Industrial standards Institute certified for domestic producer by Pass Test for standard TIS for product (Copper-bonded Ground Rod), (Blunt End Air Terminal), (Ground inspection pit), and (Tape Support).
- The (Master Entrepreneur) award and the (Corporate Excellent) award, recognizing individuals for their entrepreneurial leadership and organizations for their outstanding excellence.
| as of 29/09/23 | KUMWEL | INDUS | mai |
|---|---|---|---|
| P/E (X) | 14.24 | 54.53 | 109.70 |
| P/BV (X) | 1.46 | 1.37 | 2.40 |
| Dividend yield (%) | 3.80 | 3.00 | 1.47 |
| 29/09/23 | 30/12/22 | 30/12/21 | |
|---|---|---|---|
| Market Cap (MB) | 791.20 | 937.40 | 1,324.40 |
| Price (B/Share) | 1.84 | 2.18 | 3.08 |
| P/E (X) | 14.24 | 16.62 | 27.11 |
| P/BV (X) | 1.46 | 1.78 | 2.67 |
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