The Group operates retail, wholesale and service of construction materials and home decoration products including related services under the trade name "DOHOME" with a One-Stop Home Products Destination.
| 2024 | 2023 | 2022 | 2021 |
|---|
| Revenues | 31,596.74 | 31,547.27 | 25,937.13 | |
| Expenses | 30,308.63 | 30,240.18 | 23,413.56 | |
| Net Profit (Loss) | 585.28 | 774.07 | 1,818.06 |
| Assets | 33,982.74 | 33,318.03 | 27,226.51 | |
| Liabilities | 21,807.12 | 21,715.08 | 16,346.77 | |
| Shareholders' Equity | 12,175.62 | 11,602.95 | 10,879.74 |
| Operating | 1,946.56 | -45.61 | -660.70 | |
| Investing | -2,437.71 | -4,638.03 | -2,558.34 | |
| Financing | 626.43 | 4,542.38 | 3,420.52 |
| EPS (Baht) | 0.19 | 0.27 | 0.76 | |
| GP Margin (%) | 15.70 | 15.60 | 20.19 | |
| NP Margin (%) | 1.85 | 2.45 | 7.01 | |
| D/E Ratio (x) | 1.79 | 1.87 | 1.50 | |
| ROE (%) | 4.92 | 6.89 | 20.23 | |
| ROA (%) | 3.83 | 4.32 | 10.52 |
The company plans to continuously expand branches nationwide to accommodate population and economic growth. It aims to create career opportunities, enhance employee potential, and integrate advanced technologies into operations. Additionally, the company strengthens collaborations with existing partners while seeking new partnerships to achieve mutual success, alongside giving back to and taking responsibility for society.
The company has developed a business strategy aligned with sustainable development policies and good corporate governance principles, integrating three key aspects: Environmental: Conducting business with eco-friendly policies, minimizing negative impacts, and promoting efficient resource utilization. Social: Enhancing accessibility to products and services while supporting equal opportunities to improve quality of life. Governance: Committed to conducting business based on the principle of good corporate governance, and ethics, and focusing on building business partnerships for sustainable growth.
- The company has received the Corporate Governance Report of Thai Listed Companies (CGR) rating for 2024, earning an "Excellent" (5-star) rating for the third consecutive year.
- The company achieved a perfect score of 100 and received an "Excellent" rating in the 2024 AGM Checklist assessment.
- The company was certified as a member of the Thai Private Sector Collective Action Against Corruption (CAC) in 2023.
- The company received the prestigious HR Asia Best Companies to Work for in Asia 2024 award.
- The company received the Future Trends Awards in the Corporate Award 2024 category for The Most Corporate Transformation.
The company operates under the concept of "Complete, Cheap and Good...at DOHOME" Its key business strategies include The Purpose of Eco-Friendly Products, Construction Material Services and Master of All Home Repair Services, Expansion of Distribution Channels Along with Community Development, Development of the E-Commerce Channel, and Elevating the Standard of Corporate Governance and Transparency
For the year 2024, the Group had total revenue of Baht 31,327.03 million, falling 0.8% from the same period of last year and the Group’s net profit was Baht 674.08 million or equivalent to net profit margin 2.2% which was increased by 15.2% over the same period of last year at Baht 585.29 million or equivalent to net profit margin 1.9%.
1. Total revenues were Baht 31,327.03 million, a decrease of Baht 247.16 million or by 0.8% over the same period of last year.
- Revenue from sales and services were Baht 30,991.27 million, a decrease of Baht 226.88 million or by 0.7% over the same period of last year, which was mainly from lower revenues of matured branches.
- Other incomes were baht 335.76 million, a decrease of baht 20.28 million or by 5.7% over the same period of last year, which was mainly due to in quarter 4 of 2023, the Group received compensation income from flooding event.
2. Gross profit was Baht 5,308.46 million or equivalent to a gross profit margin of 17.1%, an increase compared to 15.7% of the same period last year. The increase was mainly caused by the higher gross profit margins across all product categories and the increased gross profit margin of products under the Group’s HB.
In 2024, The Company opened 4 Small branches Dohome ToGo at Sap Phatthana branch, Namdaeng branch, Soi Phra Ngoen branch and Ban Kluai - Sai Noi branch
1. Competition and Economic Environment Risks: The company recognizes these risks and closely monitors the situation. It is focused on enhancing brand recognition for "Dohome" and "Dohome ToGo", in line with its vision to be a one-stop center offering comprehensive, affordable, and high-quality building materials and home decoration products for all customer segments. The company provides a wide variety of products to meet customer needs, including the development of its own branded products (House Brand), as well as offering a full range of home services to ensure a complete, one-stop solution for customers.
2. Procurement/Supply Chain Risk: The company has established a team to oversee and control the sourcing and purchasing of products. This team regularly seeks and selects new manufacturers and distributors both domestically and internationally to reduce the risk of relying on a small number of suppliers and to build long-term negotiating power. Additionally, the company continuously evaluates the standards and capabilities of manufacturers to ensure the procurement of high-quality and sustainable products.
3. Risk related to sourcing investment funds and land for branch expansion: The company prepares an investment budget for the expansion of new branches to ensure it can secure funding from appropriate and sufficient sources. Additionally, the company closely monitors the utilization of investment funds to ensure expenditures are in line with the established budget, allowing operations to proceed according to the business plan.
| as of 30/12/24 | DOHOME | COMM | SET |
|---|---|---|---|
| P/E (X) | 40.20 | 23.61 | 19.33 |
| P/BV (X) | 2.26 | 2.85 | 1.40 |
| Dividend yield (%) | 0.05 | 1.90 | 3.23 |
| 30/12/24 | 28/12/23 | 30/12/22 | |
|---|---|---|---|
| Market Cap (MB) | 28,581.39 | 39,231.97 | 43,019.76 |
| Price (B/Share) | 8.85 | 12.70 | 14.80 |
| P/E (X) | 40.20 | 116.35 | 37.14 |
| P/BV (X) | 2.26 | 3.27 | 3.69 |
