Reported Earnings • Aug 08
First quarter 2027 earnings released: ฿2.49 loss per share (vs ฿0.23 loss in 1Q 2026) First quarter 2027 results: ฿2.49 loss per share (further deteriorated from ฿0.23 loss in 1Q 2026). Revenue: ฿1.27b (up 15% from 1Q 2026). Net loss: ฿49.3m (loss widened ฿44.8m from 1Q 2026). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Upcoming Dividend • Jul 27
Upcoming dividend of ฿16.00 per share Eligible shareholders must have bought the stock before 03 August 2026. Payment date: 21 August 2026. Payout ratio is a comfortable 53% but the company is paying out more than the cash it is generating. Trailing yield: 5.6%. Lower than top quartile of Thai dividend payers (7.2%). In line with average of industry peers (6.1%). Declared Dividend • Jun 13
Dividend reduced to ฿16.00 Dividend of ฿16.00 is 10% lower than last year. Ex-date: 3rd August 2026 Payment date: 21st August 2026 Dividend yield will be 5.3%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (53% earnings payout ratio) but not covered by cash flows (137% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 41% to shift the payout ratio to a potentially unsustainable range, which is more than the 9.2% EPS decline seen over the last 5 years. Reported Earnings • Feb 15
Third quarter 2026 earnings released: EPS: ฿14.03 (vs ฿18.63 in 3Q 2025) Third quarter 2026 results: EPS: ฿14.03 (down from ฿18.63 in 3Q 2025). Revenue: ฿1.28b (up 10% from 3Q 2025). Net income: ฿277.7m (down 25% from 3Q 2025). Profit margin: 22% (down from 32% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 11
Second quarter 2026 earnings released: EPS: ฿18.98 (vs ฿13.10 in 2Q 2025) Second quarter 2026 results: EPS: ฿18.98 (up from ฿13.10 in 2Q 2025). Revenue: ฿1.75b (up 8.8% from 2Q 2025). Net income: ฿375.8m (up 45% from 2Q 2025). Profit margin: 22% (up from 16% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 08
First quarter 2026 earnings released: ฿0.23 loss per share (vs ฿3.12 profit in 1Q 2025) First quarter 2026 results: ฿0.23 loss per share (down from ฿3.12 profit in 1Q 2025). Revenue: ฿1.14b (down 25% from 1Q 2025). Net loss: ฿4.48m (down 107% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Tillkännagivande • Jul 29
Kang Yong Electric Public Company Limited Approves Dividend, Payable on August 22, 2025 Kang Yong Electric Public Company Limited approved the dividend payment from the Company's net profit for the fiscal year at the rate of THB 17.80 per share and the date for determining the list of the shareholders who shall be entitled to receive the dividend (Record Date) shall be on Tuesday, August 5, 2025 and the payment date of the dividend is scheduled to be on Friday, August 22, 2025. The shareholders who receive dividends will entitlement to tax credit of 20%. The approval of this agenda was made by a majority vote of the shareholders attending the meeting and casting their votes. Upcoming Dividend • Jul 29
Upcoming dividend of ฿17.80 per share Eligible shareholders must have bought the stock before 04 August 2025. Payment date: 22 August 2025. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 5.9%. Lower than top quartile of Thai dividend payers (8.2%). In line with average of industry peers (6.3%). Tillkännagivande • Jul 25
Kang Yong Electric Public Company Limited Announces Committee Assignments, Effective July 25, 2025 Kang Yong Electric Public Company Limited announced that in addition, after obtaining the above AGM approval, the Board of Directors also held the 2/2025 Special Board of Director's meeting at 04:30 p.m. on the same date to approve the assignment of sub-committee position as follows:- Mr. Keiji Oya (Authorized Director) as Vice Chairman of the Board of Directors/Vice Chairman of the Board of Executive Directors /Member of Product Pricing Committee/Member of Nomination and Remuneration Committee/President and Mr. Manu Leopairote (Independent Director) as Chairman of Nomination and Remuneration Committee/Member of Product Pricing Committee. This resolution is effective from July 25, 2025 onwards. Declared Dividend • Jun 14
Dividend of ฿17.80 announced Shareholders will receive a dividend of ฿17.80. Ex-date: 4th August 2025 Payment date: 22nd August 2025 Dividend yield will be 5.7%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is covered by earnings (49% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 5.0% per year over the past 10 years. However, payments have been volatile during that time. Earnings per share has grown by 2.5% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jun 13
Kang Yong Electric Public Company Limited, Annual General Meeting, Jul 25, 2025 Kang Yong Electric Public Company Limited, Annual General Meeting, Jul 25, 2025, at 14:00 SE Asia Standard Time. Location: kang yong electric public company limited, located at no. 67 m. 11, debaratna road km. 20, banchalong,bangplee, samutprakarn 10540, Thailand Tillkännagivande • Jun 12
Kang Yong Electric Public Company Limited Proposes Dividend for the Period of 01 April 2024 to 31 March, 2025, Payable on 22 August 2025 Kang Yong Electric Public Company Limited proposed at its annual shareholders meeting to be held on 25 July 2025 dividend of THB 17.80 per share. Operating period from 01 April 2024 to 31 March, 2025. Record date for the right to receive dividends is 05 August 2025. Ex-dividend date is 04 August 2025. Payment date 22 August 2025. Reported Earnings • May 20
Full year 2025 earnings released: EPS: ฿35.48 (vs ฿37.25 in FY 2024) Full year 2025 results: EPS: ฿35.48 (down from ฿37.25 in FY 2024). Revenue: ฿6.96b (down 2.4% from FY 2024). Net income: ฿702.5m (down 4.8% from FY 2024). Profit margin: 10% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 14
Third quarter 2025 earnings released: EPS: ฿18.63 (vs ฿12.64 in 3Q 2024) Third quarter 2025 results: EPS: ฿18.63 (up from ฿12.64 in 3Q 2024). Revenue: ฿1.60b (up 22% from 3Q 2024). Net income: ฿369.0m (up 48% from 3Q 2024). Profit margin: 23% (up from 19% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Second quarter 2025 earnings released: EPS: ฿13.10 (vs ฿15.08 in 2Q 2024) Second quarter 2025 results: EPS: ฿13.10 (down from ฿15.08 in 2Q 2024). Revenue: ฿1.94b (up 7.9% from 2Q 2024). Net income: ฿259.4m (down 13% from 2Q 2024). Profit margin: 13% (down from 17% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 08
First quarter 2025 earnings released: EPS: ฿3.12 (vs ฿6.63 in 1Q 2024) First quarter 2025 results: EPS: ฿3.12 (down from ฿6.63 in 1Q 2024). Revenue: ฿1.54b (down 27% from 1Q 2024). Net income: ฿61.8m (down 53% from 1Q 2024). Profit margin: 4.0% (down from 6.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Tillkännagivande • Jul 26
Kang Yong Electric Public Company Limited Announces Dividend for the Year 2023, Payable on August 22, 2024 Kang Yong Electric Public Company Limited announced that at its AGM held on July 26, 2024, approved the dividend payment from the Company's net profit for the fiscal year at the rate of THB 29.85 per share and the date for determining the list of the shareholders who shall be entitled to receive the dividend (Record Date) shall be on August 2, 2024 and the payment date of the dividend is scheduled to be on August 22, 2024. Upcoming Dividend • Jul 25
Upcoming dividend of ฿29.85 per share Eligible shareholders must have bought the stock before 01 August 2024. Payment date: 22 August 2024. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of Thai dividend payers (6.8%). Higher than average of industry peers (4.7%). Tillkännagivande • Jun 26
Kang Yong Electric Public Company Limited Proposes Dividend for the Year Ended 31 March 2024, Payable on August 22, 2024 The Special Board of Directors' Meeting of Kang Yong Electric Public Company Limited held on June 14, 2024, has proposed to Annual General Meeting of Shareholders for consideration and approval the profit appropriation for dividend payment. The Company had sufficient working capital, and net profit for the year was 737.6 MB, which increased significantly from 159.6 MB in the previous year. Therefore, the Company proposed the dividends detailed as a normal dividend at THB 18.65 per share or 50.06% of net profit and a special dividend at THB 11.20 per share or 30.06% of net profit. Totally, the Company proposed to pay dividends to the shareholders at THB 29.85 per share (THB 591.0 million), representing 80.13% of the operating results in fiscal year 2023. However, the mentioned dividend payment remains uncertainty. Due to the pending approval of the Annual General Meeting of Shareholders for the year 2024. The Record Date for shareholders' registration for receiving dividend for fiscal year 2024 will be recorded on August 2, 2024. The dividend payment will be made on August 22, 2024. Declared Dividend • Jun 17
Dividend of ฿29.85 announced Shareholders will receive a dividend of ฿29.85. Ex-date: 1st August 2024 Payment date: 22nd August 2024 Dividend yield will be 9.2%, which is higher than the industry average of 2.1%. Sustainability & Growth Dividend is well covered by both earnings (11% earnings payout ratio) and cash flows (12% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 34% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jun 15
Kang Yong Electric Public Company Limited, Annual General Meeting, Jul 26, 2024 Kang Yong Electric Public Company Limited, Annual General Meeting, Jul 26, 2024, at 14:00 SE Asia Standard Time. Location: at meeting room 121,2nd floor, kang yong electric pcl, located at no. 67 m. 11, debaratna road km. 20, banchalong bangplee, samutprakarn 10540, Thailand Reported Earnings • May 21
Full year 2024 earnings released: EPS: ฿37.25 (vs ฿8.06 in FY 2023) Full year 2024 results: EPS: ฿37.25 (up from ฿8.06 in FY 2023). Revenue: ฿7.74b (down 8.6% from FY 2023). Net income: ฿737.6m (up 362% from FY 2023). Profit margin: 9.5% (up from 1.9% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Reported Earnings • Feb 10
Third quarter 2024 earnings released: EPS: ฿12.64 (vs ฿2.56 in 3Q 2023) Third quarter 2024 results: EPS: ฿12.64 (up from ฿2.56 in 3Q 2023). Revenue: ฿1.32b (down 32% from 3Q 2023). Net income: ฿250.2m (up 393% from 3Q 2023). Profit margin: 19% (up from 2.6% in 3Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Jan 25
Now 20% undervalued Over the last 90 days, the stock has risen 3.6% to ฿287. The fair value is estimated to be ฿359, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 61%. Reported Earnings • Nov 11
Second quarter 2024 earnings released: EPS: ฿15.08 (vs ฿5.11 in 2Q 2023) Second quarter 2024 results: EPS: ฿15.08 (up from ฿5.11 in 2Q 2023). Revenue: ฿2.06b (down 10.0% from 2Q 2023). Net income: ฿298.6m (up 195% from 2Q 2023). Profit margin: 14% (up from 4.4% in 2Q 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 09
First quarter 2024 earnings released: EPS: ฿6.63 (vs ฿1.40 loss in 1Q 2023) First quarter 2024 results: EPS: ฿6.63 (up from ฿1.40 loss in 1Q 2023). Revenue: ฿2.12b (down 6.4% from 1Q 2023). Net income: ฿131.2m (up ฿158.9m from 1Q 2023). Profit margin: 6.2% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Tillkännagivande • Jul 27
Kang Yong Electric Public Company Limited Approves the Dividend Payment for the Fiscal Year 2023, Payable on August 22, 2023 Kang Yong Electric Public Company Limited at the Annual General Meeting of Shareholders held on July 26, 2023 approved the dividend payment from the Company's net profit for the fiscal year at the rate of THB 4.10 per share and the date for determining the list of the shareholders who shall be entitled to receive the dividend (Record Date) shall be on August 4, 2023 and the payment date of the dividend is scheduled to be on August 22, 2023. Upcoming Dividend • Jul 27
Upcoming dividend of ฿4.10 per share at 1.4% yield Eligible shareholders must have bought the stock before 03 August 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 51% but the company is not cash flow positive. Trailing yield: 1.4%. Lower than top quartile of Thai dividend payers (6.5%). Lower than average of industry peers (1.9%). Tillkännagivande • Jun 21
Kang Yong Electric Public Company Limited Proposes Dividend, Payable on August 22, 2023 Kang Yong Electric Public Company Limited proposed the profit appropriation for dividend payment to the Company's shareholders for its 2017 performance at the rate of 4.10 baht per share, amounting to 81.2 million baht in total. However, the mentioned dividend payment remains uncertainty. Due to the pending approval of the Annual General Meeting of Shareholders for the year 2023. The Record Date for shareholders' registration for receiving dividend for fiscal year 2023 will be recorded on August 4, 2023. The dividend payment will be made on August 22, 2023. Tillkännagivande • Jun 19
Kang Yong Electric Public Company Limited, Annual General Meeting, Jul 26, 2023 Kang Yong Electric Public Company Limited, Annual General Meeting, Jul 26, 2023, at 14:00 SE Asia Standard Time. Location: Meeting room 121, 2nd Floor, Kang Yong Electric Public Company Limited, located at No. 67 M. 11, Debaratna Road Km. 20, Banchalong, Bangplee, 10540 Samutprakarn Thailand Agenda: To acknowledge the Board of Directors' report on the operational result for year 2022; to consider and approve the annual financial statement 2022 year ended 31 March 2023; to consider and approve the profit appropriation and annual dividend payment; to consider the election of Directors in place of those retiring by rotation; to consider and approve the directors' remunerations of fiscal year 2023; to consider the appointment auditors and fix audit fee for fiscal year 2023; to consider and approve the connected transaction for product development fee; and to consider other businesses (if any). Reported Earnings • May 30
Full year 2023 earnings released: EPS: ฿8.06 (vs ฿17.02 in FY 2022) Full year 2023 results: EPS: ฿8.06. Revenue: ฿8.74t (up ฿8.73t from FY 2022). Net income: ฿159.6b (up ฿159.2b from FY 2022). Profit margin: 1.8% (down from 4.2% in FY 2022). The decrease in margin was driven by higher expenses. Reported Earnings • Aug 07
First quarter 2023 earnings released: ฿1.40 loss per share (vs ฿7.31 profit in 1Q 2022) First quarter 2023 results: ฿1.40 loss per share (down from ฿7.31 profit in 1Q 2022). Revenue: ฿2.28b (flat on 1Q 2022). Net loss: ฿27.6m (down 119% from profit in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 27
Upcoming dividend of ฿8.55 per share Eligible shareholders must have bought the stock before 03 August 2022. Payment date: 22 August 2022. Payout ratio is a comfortable 50% but the company is not cash flow positive. Trailing yield: 2.4%. Lower than top quartile of Thai dividend payers (5.5%). In line with average of industry peers (2.4%). Reported Earnings • Feb 11
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ฿7.40 (down from ฿9.60 in 3Q 2021). Revenue: ฿2.14b (up 10.0% from 3Q 2021). Net income: ฿146.5m (down 23% from 3Q 2021). Profit margin: 6.9% (down from 9.8% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 15
Second quarter 2022 earnings released: EPS ฿5.30 (vs ฿26.55 in 2Q 2021) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ฿1.48b (down 33% from 2Q 2021). Net income: ฿104.9m (down 80% from 2Q 2021). Profit margin: 7.1% (down from 24% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 09
First quarter 2022 earnings released: EPS ฿7.31 (vs ฿4.93 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: ฿2.30b (up 25% from 1Q 2021). Net income: ฿144.8m (up 48% from 1Q 2021). Profit margin: 6.3% (up from 5.3% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Jul 23
Upcoming dividend of ฿25.25 per share Eligible shareholders must have bought the stock before 30 July 2021. Payment date: 18 August 2021. Trailing yield: 5.7%. Within top quartile of Thai dividend payers (4.9%). Higher than average of industry peers (4.7%). Executive Departure • May 28
Director has left the company On the 20th of May, Tomohiko Kasai's tenure as Director ended after 3.1 years in the role. We don't have any record of a personal shareholding under Tomohiko's name. A total of 3 executives have left over the last 12 months. Reported Earnings • May 22
Full year 2021 earnings released: EPS ฿50.42 (vs ฿31.38 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: ฿8.82b (up 14% from FY 2020). Net income: ฿998.3m (up 61% from FY 2020). Profit margin: 11% (up from 8.0% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Executive Departure • Apr 07
Independent Director has left the company On the 1st of April, Chackchai Panichapat's tenure in the role of Independent Director ended. We don't have any record of a personal shareholding under Chackchai's name. A total of 4 executives have left over the last 12 months. Executive Departure • Mar 04
Director has left the company On the 1st of March, Issaree Hunsacharoonroj's tenure as Director ended after 6.9 years in the role. We don't have any record of a personal shareholding under Issaree's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Feb 14
Third quarter 2021 earnings released: EPS ฿9.60 (vs ฿7.86 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: ฿1.94b (up 24% from 3Q 2020). Net income: ฿190.1m (up 22% from 3Q 2020). Profit margin: 9.8% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Feb 11
New 90-day high: ฿388 The company is up 24% from its price of ฿312 on 13 November 2020. The Thai market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 15% over the same period. Is New 90 Day High Low • Jan 12
New 90-day high: ฿360 The company is up 16% from its price of ฿311 on 14 October 2020. The Thai market is up 21% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Consumer Durables industry, which is up 9.0% over the same period. Is New 90 Day High Low • Dec 04
New 90-day high: ฿358 The company is up 14% from its price of ฿313 on 03 September 2020. The Thai market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 11% over the same period. Is New 90 Day High Low • Nov 16
New 90-day high: ฿339 The company is up 8.0% from its price of ฿315 on 18 August 2020. The Thai market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 2.0% over the same period. 
