| 2023 | 2022 | 2021 | 2020 |
|---|
| Revenues | 33,013.75 | 35,978.40 | 34,116.11 | 27,353.89 |
| Expenses | 29,568.62 | 31,574.81 | 29,874.16 | 24,701.05 |
| Net Profit (Loss) | 2,671.43 | 3,486.87 | 3,343.58 | 1,955.96 |
| Assets | 39,057.89 | 39,148.21 | 39,274.60 | 36,020.30 |
| Liabilities | 15,510.68 | 17,057.12 | 19,438.55 | 18,806.46 |
| Shareholders' Equity | 23,239.20 | 21,787.54 | 19,560.85 | 16,981.18 |
| Operating | 5,813.32 | 4,835.04 | 3,204.31 | 4,829.93 |
| Investing | -2,182.95 | -1,858.42 | -2,602.72 | -2,469.85 |
| Financing | -3,721.14 | -3,522.75 | -142.88 | -2,431.75 |
| EPS (Baht) | 0.53 | 0.73 | 0.73 | 0.44 |
| GP Margin (%) | 25.98 | 26.21 | 25.43 | 24.17 |
| NP Margin (%) | 8.11 | 9.74 | 9.85 | 7.22 |
| D/E Ratio (x) | 0.66 | 0.77 | 0.98 | 1.09 |
| ROE (%) | 11.87 | 16.87 | 18.30 | 11.89 |
| ROA (%) | 9.16 | 11.54 | 11.48 | 7.43 |
1.Growth with a focus on continuous store expansion to cover all regions of Thailand to accommodate expansion and increasing demand for housing, including upgrading existing stores to modernize their styles, align with customer groups, provide more convenience, and enhance more the shopping experience for customers.
2.Being a Cost leadership by focusing on purchasing products directly from manufacturers to distribute them to customers at fair and competitive prices.
3.Utilizing digital technology to drive business operations, increasing efficiency and reducing the processes or work procedures.
The Company established the sustainable management policies as follows:
-Environmental: Focus on reducing environmental impact through eco-friendly products sourcing, innovative services, and promoting environmental conservation awareness among stakeholders.
-Social: conducting responsible business practices, considering human rights, protecting labor rights, ensuring occupational health and safety, creating a good working environment, along with human resource development and applying the organization's expertise to enhance the quality of life through products and services.
-Corporate Governance and Economic: operating business with integrity, complying with relevant laws and regulations, transparently disclosing information and operational results, risk management to adapt to changes, and seeking opportunities for sustainable growth.
The Company is committed to being a leader in the retail business of construction materials and home decoration items, aiming to meet the highest satisfaction while concurrently fostering innovation for sustainable growth. This is all under the concept of "All Inclusive for Your House."
1. Net Profit: The Company’s net profit for the year 2023 was Baht 2,678.14 million that decrease of Baht 827.76 million or 23.61% compared with the year 2022 and compare with the sales amount is equal 8.29% of sales amount.
2. Total Revenues: Total revenues for the year 2023 were Baht 33,013.75 million that decrease from the year 2022 of Baht 2,964.65 million or 8.24% which comprise of the following;
- Sales revenue was Baht 32,300.55 million, decrease of Baht 2,969.78 million or 8.42%. As a result of the decline in sales of existing stores, despite the opening of 6 new stores in 2023.
- Other revenues were Baht 713.20 million, increase of Baht 5.14 million or 0.73%. With the main factors being the increase in revenue from partner support, warehouse management income, and other services income.
In the year 2023, the company has expanded more 6 stores; namely Phichit, Ranong, Phonthong (Roi-Et), Loeng Nok Tha (Yasothorn), Kranuan (Khonkaen), and Chumphon. As a result, at the end of 2023, there are a total of 83 stores operating in the country and another 1 store of subsidiary in Cambodia.
Risks from the economic environment: The company emphasizes and closely monitors the economic situation and trends, while preparing contingency plans to effectively manage and respond to any impacts as they arise promptly and appropriately. This includes maintaining financial liquidity, utilizing financial tools, managing inventory, establishing new business partnerships to reduce reliance on any single source, and expanding the customer base both domestically and internationally.
- The Company has been selected as a member of the S&P Global Sustainability Yearbook – 2024, in retail industry for the first year.
- The company has been selected by the Stock Exchange of Thailand to receive the award for outstanding registered companies in sustainable business operations “SET Awards 2023”, in the Sustainability Excellence category for the second consecutive year.
- The company has been selected to be included in the sustainable stock list for 2023 “SET ESG ratings”, by the Stock Exchange of Thailand for the third consecutive year.
- The company has received a Corporate Governance Report (CGR) assessment rating of 5 stars, or "Excellent," in the year 2023 for the third consecutive year.
| as of 28/12/23 | GLOBAL | COMM | SET |
|---|---|---|---|
| P/E (X) | 32.61 | 27.98 | 18.42 |
| P/BV (X) | 3.78 | 2.06 | 1.36 |
| Dividend yield (%) | 1.42 | 1.87 | 3.32 |
| 28/12/23 | 30/12/22 | 30/12/21 | |
|---|---|---|---|
| Market Cap (MB) | 86,031.01 | 107,558.90 | 92,033.42 |
| Price (B/Share) | 17.20 | 22.40 | 20.00 |
| P/E (X) | 32.61 | 29.02 | 30.94 |
| P/BV (X) | 3.78 | 5.04 | 4.89 |
