| 2024 | 2023 | 2022 | 2021 |
|---|
| Revenues | 79,233.19 | 69,641.67 | 63,025.62 | 51,154.66 |
| Expenses | 74,975.31 | 65,954.83 | 59,090.15 | 48,041.98 |
| Net Profit (Loss) | 3,307.16 | 2,857.17 | 3,037.71 | 2,630.39 |
| Assets | 26,636.57 | 22,976.25 | 19,162.45 | 15,965.74 |
| Liabilities | 17,813.29 | 14,788.64 | 11,910.55 | 10,664.99 |
| Shareholders' Equity | 8,750.76 | 8,046.76 | 7,154.47 | 5,284.86 |
| Operating | 2,153.00 | 909.90 | 1,643.72 | 559.81 |
| Investing | -744.54 | -1,352.40 | -2,434.55 | -715.18 |
| Financing | -1,121.49 | 854.64 | 463.36 | 940.10 |
| EPS (Baht) | 1.39 | 1.19 | 1.27 | 2.19 |
| GP Margin (%) | 13.25 | 13.23 | 13.45 | 13.39 |
| NP Margin (%) | 4.19 | 4.21 | 4.86 | 5.14 |
| D/E Ratio (x) | 2.02 | 1.81 | 1.64 | 2.01 |
| ROE (%) | 39.38 | 37.59 | 48.84 | 57.58 |
| ROA (%) | 17.34 | 17.82 | 22.41 | 25.67 |
The company is committed to leading the way in delivering technology and innovation that address societal needs and foster long-term sustainable growth. It is achieved through concrete strategic business expansion focusing on cutting-edge technology and clean energy. Key initiatives include partnerships for developing and deploying solar energy solutions, investments in cloud service businesses to support the growth of the digital economy, and entry into the electric taxi market to promote clean energy adoption in the transportation sector. Concurrently, the company maintains its leadership in technology retail, offering a comprehensive range of products and services that cater to diverse consumer demands.
The company prioritizes leadership in delivering innovative products and services, combined with optimized management and strong governance. It focuses on sustainable growth across economic, social, and environmental dimensions. Recognizing its role in creating stakeholder value, the company commits to responsibility throughout its business value chain. Aligning with global sustainability goals, it aims to operate its technology retail business with integrity and organizational efficiency, considering all stakeholders across ESG (Environmental, Social, and Governance) factors. This dedication to sustainable investment is validated by its carbon footprint certification from the Thailand Greenhouse Gas Management Organization, enhancing its competitive edge and driving long-term sustainable returns.
Com7 Public Company Limited reports its 2024 annual financial results, showcasing a year of remarkable achievement with record-breaking highs in both revenue and profit. This success was driven by the significant growth in technology product sales, facilitated by an extensive distribution network of 1,312 stores, and the robust performance of its subsidiaries. The company remains dedicated to continuous operational development and enhancement to sustain its market leadership and foster long-term, sustainable growth.
Revenues totaled 79,233.2 million baht, an increase of 9,591.5 million baht (+13.8%) compared to the previous year. This robust growth stems from a strategic factor. Firstly, Sustained and high-volume demand for cutting-edge technology, notably our flagship smartphone lines. Secondly, governmental economic stimulus initiatives, including digital currency policies, have effectively bolstered consumer spending, directly driving sales. Moreover, the burgeoning influence of artificial intelligence is fundamentally reshaping the smartphone market, fueling its expansion. Finally, the strategic growth of our subsidiary companies has been instrumental in maintaining our upward trajectory. Despite navigating a complex economic landscape and intense competitive pressures, our performance strategic agility.
Gross Profit totaled 10,475.9 million baht, an increase of 1,270.8 million baht (+13.8%) compared to the previous year. The significant growth in gross profit was primarily attributable to new products that resonated strongly with consumers and the robust performance of our subsidiary group.
Selling and administrative expenses totaled 6,327.4 million baht, an increase of 843.7 million baht (+15.4%) compared to the previous year. This increase is primarily due to branch expansion and strategic investment plans to support future growth.
Net Profit totaled 3,307.2 million baht, an increase of 450.0 million baht (+15.7%) compared to the previous year.
EV Seven Co., Ltd. - COM7 Holding Co., Ltd has acquired 99 percent of the registered capital to engage in the business of providing electric vehicle rental, leasing, and related equipment.
Double Seven Co., Ltd. - COM7 Public Company Limited has executed the purchase of shares representing 40 percent of the registered capital. Following this acquisition, the shareholding will increase to 99 percent of the registered capital.
Solar9 Co., Ltd. - COM7 Holding Co., Ltd has participated in an investment to establish a new company to engage in the distribution of solar cells, holding 60 percent of registered capital.
The company emphasizes continuous and systematic enterprise-wide risk assessment and management to enhance business stability and sustainability. Key risk management policies include:
- Fostering a Risk Culture - Cultivating risk awareness among executives and employees.
- Implementing International Standards - Establishing processes and guidelines for effective risk management.
- Managing Risk within Acceptable Levels - Defining Risk Limits to mitigate impacts and maintain business stability.
- Received an "Excellent" rating, or 5 stars, in the Corporate Governance Report of Thai Listed Companies 2024 (CGR 2024) for the fourth consecutive year."
- Awarded the certificate of renewal as a member of the Thai Private Sector Collective Action Coalition Against Corruption (CAC) for the second consecutive term."
- "Recognized with an "AA" rating in the SET ESG Ratings 2024 by the Stock Exchange of Thailand."
| as of 30/12/24 | COM7 | COMM | SET |
|---|---|---|---|
| P/E (X) | 20.95 | 23.61 | 19.33 |
| P/BV (X) | 8.01 | 2.85 | 1.40 |
| Dividend yield (%) | 2.70 | 1.90 | 3.23 |
| 30/12/24 | 28/12/23 | 30/12/22 | |
|---|---|---|---|
| Market Cap (MB) | 62,999.95 | 57,119.96 | 81,599.94 |
| Price (B/Share) | 26.25 | 23.80 | 34.00 |
| P/E (X) | 20.95 | 18.32 | 26.72 |
| P/BV (X) | 8.01 | 7.58 | 12.78 |
