Kijcharoen Engineering Electric PCL

Kijcharoen Engineering Electric PCL maintains a capital structure characterized by significant leverage and tight liquidity. The company reports total assets of 1,546,818,330 THB against total liabilities of 856,213,090 THB, resulting in total equity of 690,605,240 THB. Long-term debt stands at 457,453,460 THB, yielding a debt-to-equity ratio of 0.66. Liquidity is constrained, evidenced by a current ratio of 0.7 and minimal cash and equivalents of 2,040 THB. This results in a negative net cash position after subtracting total debt, flagging medium liquidity risk.

Profitability metrics indicate strong returns on capital despite the leverage. Return on equity is 25.73%, and return on assets is 11.49%. The company generated revenue of 1,122,904,200 THB with a gross profit of 325,409,740 THB, leading to an operating income of 167,857,090 THB and net income of 126,883,020 THB. Operating cash flow is positive at 238,148,110 THB, but free cash flow is negative at -237,557,140 THB due to high capital expenditures of -298,915,530 THB.

Segment and geographic revenue mix data is not available in the provided input. Consequently, specific analysis of revenue concentration by segment or region cannot be performed. The company's activity is broadly defined as Electrical Equipment within the Industrials sector.

Historical period data for revenue and net income trends is not available in the provided input. Therefore, a multi-year growth trajectory analysis cannot be constructed from the current dataset. The analysis relies solely on the latest normalized financial snapshot.

Risk assessment highlights medium liquidity risk and low dilution risk. A key flag is the negative net cash position after subtracting total debt. The company has 231,997,800 basic and diluted shares outstanding, with no immediate indication of share count changes in the snapshot. The high capital expenditure relative to operating cash flow contributes to the negative free cash flow, impacting short-term liquidity flexibility.

Recent filing, news, and transcript observations are not available in the provided input. No specific recent events, management signals, or competitor context are disclosed to inform the current narrative beyond the static financial and classification data.

Cash conversion ratio of 0.77 matches the cohort median, suggesting adequate quality of earnings generation.

Free cash flow deteriorated to negative 237.6 million THB, a sharp reversal from positive generation in prior periods.

Debt-to-equity ratio of 0.66 sits in the bottom quartile, indicating higher leverage risk than peers.

Medium liquidity and credit risk flags highlight potential vulnerabilities in financial stability and debt servicing.