Mc Group is a leading fashion and lifestyle company in Thailand, with over 50 years of expertise in apparel and retail distribution under "Mc Jeans" brand. The company operates an integrated business model, covering design, manufacturing, and retail. It has a strong distribution through its own stores, modern trade channels, and online platforms to meet the diverse needs of its customers.
| 6M25 | 6M24 | 2024 | 2023 |
|---|
| Revenues | 2,226.74 | 2,209.79 | 4,107.14 | 3,691.84 |
| Expenses | 1,690.95 | 1,682.31 | 3,181.85 | 2,877.62 |
| Net Profit (Loss) | 437.17 | 412.07 | 713.16 | 643.63 |
| Assets | 5,772.09 | 5,861.29 | 5,569.01 | 5,371.39 |
| Liabilities | 1,913.66 | 2,014.40 | 1,828.13 | 1,649.94 |
| Shareholders' Equity | 3,857.68 | 3,844.87 | 3,740.12 | 3,719.00 |
| Operating | 507.24 | 668.19 | 936.77 | 739.92 |
| Investing | -33.22 | -65.08 | -105.18 | -464.19 |
| Financing | -389.44 | -364.06 | -881.99 | -749.47 |
| EPS (Baht) | 0.55 | 0.52 | 0.90 | 0.81 |
| GP Margin (%) | 65.09 | 64.81 | 64.21 | 64.83 |
| NP Margin (%) | 19.63 | 18.65 | 17.36 | 17.43 |
| D/E Ratio (x) | 0.50 | 0.52 | 0.49 | 0.44 |
| ROE (%) | 19.17 | 18.13 | 19.12 | 17.43 |
| ROA (%) | 16.06 | 15.41 | 16.89 | 15.56 |
Mc Group's business plan focuses on fostering stable and sustainable growth by leveraging its expertise and leadership in Thailand's jeans market, as well as its deep understanding of the physique and needs of customers. The Company places great importance on developing high-quality products at reasonable prices, coupled with excellent customer service. Additionally, it has expanded its product portfolio to include a variety of items such as clothing, shoes, and bags, while also extending its distribution channels both offline and online to reach a wider customer base. The company is also expanding its customer reach through online channels and collaborations with influencers on social media to increase brand awareness and enhance customer experience.
Moreover, the company continues to focus on efficient internal management, from sourcing materials, and production to distribution. It utilizes data and innovations to meet rapid changing market demands. The company also aims to expand its distribution both domestic and international to strengthen long-term growth.
Mc Group commit to imbedding sustainability into its core operations by balancing "Profit, People, and Planet". Its sustainable development plan includes reducing environmental impact of production processes, ensuring supply chain transparency and fair labor practices. The Company adheres to international standards (ISO9001 and ISO27001). Mc Group aims to reduce carbon footprint through energy-saving initiatives, sustainable materials, and waste management. The Company also emphasize on human rights and social responsibility, focusing on employee welfare, and community development to respond the needs of stakeholders along the supply chain to create sustainable value and returns.
The Company initiates Solar Rooftop projects at its headquarter, warehouse, and Mc Outlet to promote clean energy and reduce electricity costs. Also, Mc Group launches "No Bag Campaign" to discontinue plastic bags , effective from February 10, 2025.
- Mc Group is Thailand's leading apparel brand, with significant brand recognition for "Mc Jeans."
- Known for its high-quality products and a diverse range of items that cater to consumers of all genders and ages.
- Strong retail presence with over 500 stores nationwide and strategic partnerships with key retail players.
- Expanding e-commerce platform with rapid growth in online sales driven by shifting consumer preferences.
- Its strong financial position and effective cost management, enables to navigate economic fluctuations successfully.
Six Months / Fiscal Year 2025
Revenue: The Company had total revenue of THB 2,178 million, a slight decrease of 0.3% from the same period last year due to weak purchasing power in offline channel in the first quarter.
Cost of Sales: Gross profit stood at THB 1,418 million, with a gross profit margin of 65.1%, up from 64.8% in the same period last year, driven by effective sales channel management and promotional strategies.
Selling and Administrative Expenses: SG&A expenses amounted to THB 931 million, representing 42.7% of sales, an increase from 41.8% in the previous year due to the decline in first-quarter sales.
Net Profit: The Company reported a net profit of THB 437 million, an increase of 6.1%, with a net profit margin of 19.6%, up from 18.6% in the previous year.
- Launched “JEANS NEW GEN” collection, new style of jeans with Ananda Everingham and Amanda Obdam as the presenter
- Unveiled “Mc Gold Selvedge”, under Live Like a Tiger concept, featuring tiger-inspired designs symbolizing power, courage, and strength, presented by Ananda Everingham. This collection is part of the "My Mc My Way" campaign.
- Introduced “Mc X’mas Series” to celebrate year-end festive.
The Company has developed and implemented an Enterprise Risk Management (ERM) Policy and framework. This policy is applied throughout the organization, from the corporate level to operational levels, with the aim of managing risks to an acceptable level. The Company has adopted the international standards of COSO ERM 2017: Enterprise Risk Management - Integrating with Strategy and Performance for its risk management practices. The Company's Business Risk Management process comprehensively considers various aspects, including strategic risks, operational risks, financial risks, compliance risks, and emerging risks.
- Received "Master Entrepreneur Award" in the Retail Industry for the second time at APEA 2024, reaffirming its position as a leading and sustainably growing retail business in the region
- Received the SET ESG Ratings of “AAA” for the year 2024 from the Stock Exchange of Thailand.
- Achieved the "Excellent" level or 5 stars Corporate Governance Report (CGR) for six consecutive years (2019-2024) from IOD.
- The Company received a full 100 score in quality assessment of AGM Checklist 2024 by the Thai Investors Association
- Continuously certified as a member of the Thai Private Sector Anti-Corruption Coalition (CAC Certification) since 2019.
- Awarded the Sustainability Disclosure Acknowledgement for 2021-2024 by the Thai Institute of Directors.
- Honored with the “Outstanding Sustainable Organization in Thai Capital Market for Supporting Persons with Disabilities” award for 2022 from the SEC
| as of 30/12/24 | MC | COMM | SET |
|---|---|---|---|
| P/E (X) | 11.82 | 23.61 | 19.33 |
| P/BV (X) | 2.19 | 2.85 | 1.40 |
| Dividend yield (%) | 8.41 | 1.90 | 3.23 |
| 30/12/24 | 28/06/24 | 30/06/23 | |
|---|---|---|---|
| Market Cap (MB) | 8,474.40 | 8,395.20 | 9,900.00 |
| Price (B/Share) | 10.70 | 10.60 | 12.50 |
| P/E (X) | 11.82 | 12.08 | 15.30 |
| P/BV (X) | 2.19 | 2.33 | 2.74 |
