KCE Electronics Past Earnings Performance

Past criteria checks 5/6

KCE Electronics has been growing earnings at an average annual rate of 14.3%, while the Electronic industry saw earnings growing at 22.4% annually. Revenues have been growing at an average rate of 9.1% per year. KCE Electronics's return on equity is 15.5%, and it has net margins of 13.3%.

Key information

14.3%

Earnings growth rate

14.2%

EPS growth rate

Electronic Industry Growth	18.1%
Revenue growth rate	9.1%
Return on equity	15.5%
Net Margin	13.3%
Last Earnings Update	30 Jun 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How KCE Electronics makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

SET:KCE Revenue, expenses and earnings (THB Millions)
Date	Revenue	Earnings	G+A Expenses
30 Jun 24	16,213	2,148	1,846
31 Mar 24	16,099	1,889	1,716
31 Dec 23	16,344	1,720	1,774
30 Sep 23	16,872	1,741	1,821
30 Jun 23	17,179	1,877	1,886
31 Mar 23	17,949	2,073	1,960
31 Dec 22	18,456	2,317	1,988
30 Sep 22	18,032	2,518	1,923
30 Jun 22	17,187	2,467	1,795
31 Mar 22	16,055	2,513	1,763
31 Dec 21	14,938	2,426	1,656
30 Sep 21	14,158	2,106	1,643
30 Jun 21	13,091	1,752	1,557
31 Mar 21	11,682	1,205	1,421
31 Dec 20	11,527	1,127	1,449
30 Sep 20	11,011	998	1,433
30 Jun 20	11,378	1,003	1,546
31 Mar 20	12,243	1,091	1,640
31 Dec 19	12,097	934	1,613
30 Sep 19	12,404	1,038	1,643
30 Jun 19	13,006	1,343	1,685
31 Mar 19	13,656	1,742	1,741
31 Dec 18	13,982	2,015	1,804
30 Sep 18	14,167	2,257	1,773
30 Jun 18	14,079	2,310	1,795
31 Mar 18	14,099	2,424	1,808
31 Dec 17	14,195	2,545	1,785
30 Sep 17	13,976	2,637	1,757
30 Jun 17	13,890	2,810	1,709
31 Mar 17	13,805	2,950	1,678
31 Dec 16	13,797	3,039	1,658
30 Sep 16	13,841	3,014	1,678
30 Jun 16	13,627	2,802	1,646
31 Mar 16	13,096	2,480	1,563
31 Dec 15	12,449	2,240	1,484
30 Sep 15	11,932	2,155	1,471
30 Jun 15	11,630	2,193	1,506
31 Mar 15	11,402	2,181	1,552
31 Dec 14	11,284	2,110	1,651
30 Sep 14	11,076	1,906	1,618
30 Jun 14	10,616	1,623	1,538
31 Mar 14	10,059	1,341	1,424
31 Dec 13	9,294	1,174	1,248
30 Sep 13	8,669	990	1,147

Quality Earnings: KCE has high quality earnings.

Growing Profit Margin: KCE's current net profit margins (13.3%) are higher than last year (10.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: KCE's earnings have grown by 14.3% per year over the past 5 years.

Accelerating Growth: KCE's earnings growth over the past year (14.4%) exceeds its 5-year average (14.3% per year).

Earnings vs Industry: KCE earnings growth over the past year (14.4%) exceeded the Electronic industry 12%.

KCE Electronics Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

First quarter 2024 earnings released: EPS: ฿0.44 (vs ฿0.29 in 1Q 2023)

Full year 2023 earnings: EPS and revenues miss analyst expectations

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Full year 2022 earnings: EPS and revenues miss analyst expectations

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Recent updates

First half dividend of ฿0.60 announced

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Price target increased by 7.2% to ฿49.52

First quarter 2024 earnings released: EPS: ฿0.44 (vs ฿0.29 in 1Q 2023)

KCE Electronics Public Company Limited Approves Dividend for the Second Half of 2023, Payable on May 10, 2024

Upcoming dividend of ฿0.70 per share

Final dividend increased to ฿0.70

KCE Electronics Public Company Limited Proposes Remaining Dividend Payment for the Fiscal Year 2024, Payable on May 10, 2024

KCE Electronics Public Company Limited, Annual General Meeting, Apr 18, 2024

Consensus EPS estimates fall by 12%

Price target decreased by 10% to ฿49.38

Full year 2023 earnings: EPS and revenues miss analyst expectations

Kce Electronics Public Company Limited Approves the Appointment of Sant Senadisai as Independent Director

New minor risk - Share price stability

Upcoming dividend of ฿0.60 per share at 2.6% yield

Price target increased by 8.4% to ฿41.38

KCE Electronics Public Company Limited Declares Dividend for the Operating Period from 01 January 2023 to 30 June 2023, Payable on 12 September 2023

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

KCE Electronics Public Company Limited Appoints Sant Senadisai as Director

KCE Electronics Public Company Limited Announces the Demise of Panja Senadisai, Vice Chairman of the Board of Directors, Nomination and Remuneration Committee Member, Enterprise Risk Policy Committee Member

Price target decreased by 9.7% to ฿43.88

Consensus EPS estimates fall by 13%

Upcoming dividend of ฿0.60 per share at 3.3% yield

Full year 2022 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 16%

KCE Electronics Public Company Limited(SET:KCE) dropped from SET 50 Index

Price target decreased to ฿45.89

Less than half of directors are independent

Price target decreased to ฿47.44

KCE Electronics Public Company Limited (SET:KCE) agreed to acquire Factory in Rojana Industrial Park for THB 8060 million.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Price target decreased to ฿57.41

Price target decreased to ฿64.16

Now 20% undervalued after recent price drop

Consensus forecasts updated

Upcoming dividend of ฿1.00 per share

Kce Electronics Public Company Limited Announces Interim Cash Dividend for the Operating Period from 01 January 2022 to 30 June 2022, Payable on 9 September 2022

Second quarter 2022 earnings: EPS and revenues miss analyst expectations

KCE Electronics Public Company Limited Announces Interim Dividend for the First Half Year Operations of 2022

KCE Electronics Public Company Limited Announces Executive Changes

Now 23% undervalued after recent price drop

First quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat

Less than half of directors are independent

Price target decreased to ฿76.33

Upcoming dividend of ฿1.00 per share

KCE Electronics Public Company Limited Announces Dividend, Payable on May 9, 2022

Now 21% undervalued after recent price drop

Consensus EPS estimates fall by 11%

Price target decreased to ฿90.44

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Third quarter 2021 earnings released: EPS ฿0.51 (vs ฿0.21 in 3Q 2020)

Upcoming dividend of ฿0.60 per share

Price target increased to ฿86.58

Second quarter 2021 earnings released: EPS ฿0.52 (vs ฿0.06 in 2Q 2020)

Price target increased to ฿75.25

Price target increased to ฿67.69

First quarter 2021 earnings released: EPS ฿0.43 (vs ฿0.36 in 1Q 2020)

Upcoming Dividend of ฿0.40 Per Share

KCE Electronics Public Company Limited, Annual General Meeting, Apr 22, 2021

New 90-day high: ฿60.50

Price target raised to ฿59.00

Revenue and earnings beat expectations

Full year 2020 earnings released: EPS ฿0.96 (vs ฿0.80 in FY 2019)

Price target raised to ฿51.50

New 90-day high: ฿54.50

Price target raised to ฿47.25

Investor sentiment improved over the past week

New 90-day high: ฿46.75

New 90-day high: ฿44.50