Company Summary
KCE KCE ELECTRONICS PUBLIC COMPANY LIMITED
Technology/Electronic Components
SET100 / SETHD
CG Report:   
 
  Data as of 22 Oct 2020  
Price (B.) 52 Week High/Low P/E (X) P/BV (X) Paid-up (MB.) Market Cap (MB.) EV (MB.) EBITDA (MB.) EV/EBITDA
40.25 41.00 / 11.90 47.17 4.03 587.71 47,310.62 50,453.44 1,068.41 23.60
News
Date/Time Subject
24 Sep 2020 08:35   New shares of KCE to be traded on September 25, 2020
23 Sep 2020 12:31   Report on the results of the Exercise of ESOP-W6 (F53-5)(Edit Template)
14 Sep 2020 17:54   Report on the results of sale of common shares offered to employee stock option program (F53-5)
14 Sep 2020 17:45   Report on the result of the exercise of ESOP Warrants (ESOP-W6), (No.2)
10 Sep 2020 17:19   Invitation to Shareholders to propose 2021 AGM Agenda and Director Nomination
more

Company Profile
Address 72-72/1-3 Soi Chalong Krung 31, Kwang Lumplatew, Lat Krabang Bangkok 10520
Telephone 0-2326-0196-9
Fax 0-2326-0300
URL www.kcethai.in.th
  Annual Report 2019
Establish Date 5/12/1982 Listed Date 30/08/1988
IPO Price (Baht) N/A
IPO Financial Advisory N/A
Par 0.50 Baht
Last Par Change Old 1.00 : New 0.50 @ 21/05/2018

Business
The core business of the Company is the production and distribution of painted circuit boards (PCBs) manufactured from an epoxy glass copper lead laminate. The Company is now able to produce high quality and complex multilayer boards. The PCB is the foundation component of computers, automotive industry, telecommunication devices and most electronic equipment.

Free Float 23 Jun 2020 26 Mar 2019
% /Shareholders
58.08% 16,116 59.41% 15,078
Foreign Shareholders 24.06% (As of 22/10/2020) Foreign Limit 49.00%
NVDR Shareholders  4.97% (As of 22/10/2020)
5 Yr Price Performance (Adjusted Price)
Price Performance (Adjusted Price) Compare to Stock (%) Compare to Sector (%) Compare to Market (%)
5 Days 15.00 15.81 17.78
20 Days 28.80 9.40 34.53
60 Days 59.41 -10.20 78.25
120 Days 164.80 -16.53 175.32
YTD 64.29 -28.62 113.86
P/E (X) 47.17 48.75 20.95
P/BV (X) 4.03 3.67 1.38
Turnover Ratio (%) 1.98 0.31 1.22

Top 10 Major Shareholders(@25 Aug 2020) Share %
1. นาย พิธาน องค์โฆษิต 164,254,244 14.01
2. MORGAN STANLEY & CO. INTERNATIONAL PLC 88,184,500 7.52
3. นาย อรรถสิทธิ์ องค์โฆษิต 71,316,784 6.08
4. บริษัท Thai NVDR Company Limited 66,854,263 5.70
5. น.ส. ชุตินาถ องค์โฆษิต 66,057,140 5.63
6. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 50,199,496 4.28
7. นาย ปัญจะ เสนาดิสัย 24,883,500 2.12
8. BANK OF SINGAPORE LIMITED-THB SEG AC 20,000,000 1.71
9. RAFFLES NOMINEES (PTE) LIMITED 18,613,200 1.59
10. กองทุนเปิด บัวหลวงหุ้นระยะยาว 16,489,900 1.41

Management Position
1. Mr. BANCHA ONGKOSIT CHAIRMAN OF THE BOARD / CHAIRMAN OF EXECUTIVE BOARD
2. Mr. PITHARN ONGKOSIT PRESIDENT AND CHIEF EXECUTIVE OFFICER / VICE CHAIRMAN
3. Mr. PANJA SENADISAI VICE CHAIRMAN
4. Mrs. CHANTIMA ONGKOSIT DIRECTOR
5. Mrs. VORALUKSANA ONGKOSIT DIRECTOR
6. Mrs. SIRIPHAN SUNTANAPHAN DIRECTOR
7. Mr. PAITOON TAVEEBHOL INDEPENDENT DIRECTOR / CHAIRMAN OF THE AUDIT COMMITTEE
8. Mr. KANCHIT BUNAJINDA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
9. Mr. SUTEE MOKKHAVESA INDEPENDENT DIRECTOR / AUDIT COMMITTEE
Accumulated: Turnover Ratio, Value Trade/Day
Statistics YTD
22 Oct 2020		 2019
30 Dec 2019		 2018
28 Dec 2018
Listed share (M.) 1,175.42  1,172.79  1,172.79 
Market Cap (MB.) 47,310.62  28,733.44  30,785.83 
Price (B./share) 40.25  24.50  26.25 
BVPS (B./Share) 10.02  9.81  9.87 
P/BV (X) 4.03  2.50  2.66 
P/E (X) 47.17  27.03  13.79 
Turnover Ratio (%) 596.21  217.84  141.52 
Value Trade/Day (MB.) 761.13  219.40  245.37 
Beta 1.54  2.52  0.93 
 
Rate of Return YTD  2019  2018 
Price Change (%) 64.29  -6.67  -36.56 
Dividend Yield (%) 1.98  4.49  4.19 
Payout Ratio 0.94  1.05  0.58 
Dividend Policy The Company generates profits together with consideration of future investment plan and other necessity

Dividend
Operation Period Dividend/Share Unit Payment Date Type
01 Jan 2020 - 30 Jun 2020 0.40 Baht 09 Sep 2020 Cash
01 Jul 2019 - 31 Dec 2019 0.40 Baht 24 Apr 2020 Cash
01 Jan 2019 - 30 Jun 2019 0.40 Baht 09 Sep 2019 Cash
01 Jul 2018 - 31 Dec 2018 0.55 Baht 09 May 2019 Cash
01 Jan 2018 - 30 Jun 2018 0.55 Baht 06 Sep 2018 Cash
01 Jul 2017 - 31 Dec 2017 1.10 Baht 09 May 2018 Cash
 
Auditor
(Effective Until 31/12/2020)
MR. VEERACHAI RATANAJARATKUL/KPMG PHOOMCHAI AUDIT LIMITED
MR. SUMATE JANGSAMSEE/KPMG PHOOMCHAI AUDIT LIMITED
Mr. CHOKECHAI NGAMWUTIKUL/KPMG PHOOMCHAI AUDIT LIMITED
MR. TREERAWAT WITTHAYAPHALERT/KPMG PHOOMCHAI AUDIT LIMITED
F/S Year ended 31/12
Latest Type of Report Unqualified opinion
Financial Data
Statement of Financial Position (MB.) 6M/2020 
(01/01/20 
-30/06/20) 		 6M/2019 
(01/01/19 
-30/06/19) 		 2019 
(01/01/19 
-31/12/19) 		 2018 
(01/01/18 
-31/12/18) 		 2017 
(01/01/17 
-31/12/17) 
Cash 2,477.56 1,080.36 957.40 1,382.87 1,139.70
A/R Net 2,410.12 2,993.69 2,972.61 3,272.68 3,875.76
Inventories 2,791.51 2,758.82 2,621.98 3,191.81 2,428.30
Current Assets 7,780.89 6,898.66 6,639.99 7,969.39 7,504.57
PP&E Net 8,516.05 9,245.18 8,918.37 9,363.93 9,509.95
Total Assets 17,369.42 17,014.52 16,501.00 18,121.01 17,850.25
OD 2,511.96 2,101.01 1,066.67 2,201.87 1,156.03
A/P Net 1,642.61 2,075.11 2,293.05 2,795.57 2,802.25
Current portion of LT 309.66 195.89 262.90 172.27 592.13
Current Liabilities 4,510.28 4,396.04 3,651.30 5,196.20 4,594.74
Non-Current Liabilities 1,063.85 844.99 1,087.76 917.71 1,981.20
Total Liabilities 5,574.13 5,241.02 4,739.06 6,113.90 6,575.95
Authorized Capital 591.40 591.40 591.40 586.40 586.40
Paid-Up Capital 586.40 586.40 586.40 586.40 586.40
Premium (Discount) on Share Capital 1,906.51 1,906.51 1,906.51 1,906.51 1,906.51
Other Surplus (Deficit) - - - - -
Retained Earnings (Deficit) 9,316.77 9,289.31 9,289.70 9,506.75 8,790.91
Treasury Stock - - - - -
Shareholders' Equity 11,749.05 11,715.04 11,712.33 11,950.81 11,228.69
Minority Interest 46.25 58.46 49.61 56.30 45.62
more
Statement of Comprehensive Income (MB.) 6M/2020 
(01/01/20 
-30/06/20) 		 6M/2019 
(01/01/19 
-30/06/19) 		 2019 
(01/01/19 
-31/12/19) 		 2018 
(01/01/18 
-31/12/18) 		 2017 
(01/01/17 
-31/12/17) 
Sales 5,387.20 6,106.67 12,097.37 13,982.50 14,195.41
Other Income 119.19 64.74 191.32 343.44 301.42
Total Revenues 5,512.71 6,181.77 12,307.86 14,348.15 14,518.92
COGs 4,218.62 4,881.81 9,643.60 10,351.36 10,620.87
SG&A 751.95 818.54 1,612.77 1,804.32 1,129.90
Total Expenses 4,970.57 5,700.35 11,256.37 12,155.68 11,750.76
EBITDA 1,068.41 1,002.68 2,072.07 3,183.44 3,685.36
Depre. & Amor. 526.27 521.26 1,020.58 990.97 917.20
EBIT 542.14 481.42 1,051.49 2,192.47 2,768.15
Net Profit 496.17 427.59 934.49 2,014.87 2,544.50
EPS (B.) 0.42 0.36 0.80 1.72 4.34
more
Statement of Cash Flow (MB.) 6M/2020 
(01/01/20 
-30/06/20) 		 6M/2019 
(01/01/19 
-30/06/19) 		 2019 
(01/01/19 
-31/12/19) 		 2018 
(01/01/18 
-31/12/18) 		 2017 
(01/01/17 
-31/12/17) 
Operating Cash Flow 685.07 946.28 2,349.40 2,774.03 3,573.11
Investing Cash Flow -127.21 -348.83 -586.26 -629.94 -1,044.01
Financing Cash Flow 953.22 -883.85 -2,168.64 -1,915.39 -2,261.94
Net Cash Flow 1,511.08 -286.39 -405.50 228.69 267.15
more
Annualized: ROE, ROA
Ratios 6M/2020  6M/2019  2019  2018 
Current Ratio (X) 1.73 1.57 1.82 1.53
ROE (%) 8.55 11.70 7.90 17.38
ROA (%) 6.47 8.54 6.07 12.19
D/E (X) 0.47 0.45 0.40 0.51
Total Asset Turnover (X) 0.68 0.75 0.71 0.80
Gross Profit Margin (%) 21.69 20.06 20.28 25.97
EBIT Margin (%) 9.83 7.79 8.54 15.28
Net Profit Margin (%) 9.00 6.92 7.59 14.04

Information only PP, PO, XR and XD
Capital Movement (Last 3 Year)
Date CA Type Changed paid up share Paid up share Par
No Information Found

Growth Rate (%) 6M/2020  6M/2019  2019  2018 
Sales Growth -11.78 -13.79 -13.48 -1.50
COGs Growth -13.58 -5.76 -6.84 -2.54
Total Revenue Growth -10.82 -15.03 -14.22 -1.18
Total Expense Growth -12.80 -6.82 -7.40 3.45
Net Profit Growth 16.04 -60.21 -53.62 -20.81

Annualized
Cash Cycle 6M/2020  6M/2019  2019  2018 
A/R Turnover (Times) 4.21 3.72 3.87 3.91
Avg. Collection Period (Days) 86.68 98.05 94.22 93.30
Inventory Turnover (Times) 3.24 3.54 3.32 3.68
Avg. Inventory Period (Days) 112.79 103.05 110.02 99.09
A/P Turnover (Times) 4.83 4.14 3.79 3.70
Avg. Payment Period (Days) 75.55 88.24 96.30 98.69
Cash Cycle (Days) 123.92 112.86 107.94 93.69


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Trading Alert Posted Date Lifted Date
No Information Found

Market Alert (Latest)
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Only Preferred Share and Warrants
Other Securities
Securities Name -

Remark - Calculated from adjusted price
  - Presented and calculated from the consolidated statement and displayed as cumulative quarterly statement by fiscal year (Company statement will be presented and calculated incase consolidated statement is not available.)
  - The information is quarterly updated within 7 business days after the new financial statement is submitted.
  -
 		 Information on the financial statements is presented according to the information that the listed companies submit on that period. The investors should study additional information from the companies' financial statements since some companies may restate the comparing financial statements on the latest financial statements.
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