Supreme Distribution Public Company Limited Listing News: A Stock with Great Potential in Thailand’s Education Technology Industry

“Business Stock News Online” Bringing investors to know the stocks behind it and becoming leaders in education technology in Thailand. It can be called a stock with great potential and national achievement. Supreme Distribution Public Company Limited is or LYRICS Prepare to be listed and traded on the Stock Exchange of Thailand (SET) on May 2, 2024 in the information and communication technology or ICT industry group.

SPREME is under supervision Mr. Panuwat Khanthamoleekul A senior executive with both knowledge and competence in technology and many IT solutions Founder of the company more than 30 years ago, which started by importing ready-made computers from Singapore. To be distributed in Thailand in delivery form. By gathering knowledge and experience He started assembling his own computers under the brand “DTK” and distributing them to different large groups. In those days the company has been very successful in this project. As a result, the company has the opportunity to apply for new government projects. continuously

Thanks to the growth and achievements at the national level that come from the hard work of talented executives, SPREME has the opportunity to continuously get new jobs, especially in the “education” sector in Thailand, where the company is a direct government contractor. This is around 30%, which the company has started to create in terms of establishing education systems and standards in the schools of the SV2 project and has extended it to other government agencies. State enterprise groups especially groups of educational institutions and financial institutions, such as the Ministry of Education, the Broadcasting Commission of the television industry and the National Telecommunications Commission (NBTC), Bank for Agriculture and Agricultural Cooperatives (BAAC), Mahidol University, etc.

Including agencies, private consumer groups Which make up about 70% of companies listed on the stock exchange. And it can be said that the Information Technology Industry Company, which has the ability to apply with government agencies, is really behind the educational technology business in Thailand.

For the SPREME business, there are 3 main groups: 1. Selling and installing complete information technology system equipment (SI: System Integrator) 2. Business providing viewing and maintenance services. Repair of computers and peripheral equipment and 3. Rental of computer systems and peripheral equipment. Contract lengths vary according to customer needs. which has an average life of about 3-5 years The company also maintains trends and new technology. Sign in to complete the customer experience. In addition Inventories after the end date of the contract will be sold by the company at a cheap price. or distributed to schools with little funding and those who want to use computers at a lower price Another thing is that the company benefits society and creates smiles and good quality of life for many people. and also increase the income for the company

“Our most important thing is Being a leader in educational technology that was announced as a distributor from a software company. In addition, there are 3 service centers covering the country. And we believe in good service. Includes quality workforce development to keep pace with technology and competition. We focus on competing with ourselves to create better growth in the future.” Mr Panuwat say

If we look back at the company’s operating results. It is considered to be continuously growing. The company was able to make a net profit in 2023 of 156.59 million baht, due to the growth of total revenue of 1,276.41 million baht, including revenue from the sales and installation business of 1,108.81 million baht, MA business of 97.17 million baht, and the For rent, an amount of 50.34 million baht

Therefore, the next thing to watch is the business plan and management plan after raising money to sell 200 million common shares with a par (par) value of 0.50 baht per share, at a price of 2.60 baht per share, calculated as price-to-net-earnings-per-share ratio (P/E ratio) equal to about 12.29 times, the current registered capital is 280 million baht. which is fully preserved

After the company received this investment fund Used to expand business in terms of doing M&A with strong partners to expand not only in education. But it also covers other areas such as Public Safety and Smart City, providing comprehensive public services. and begin to capture the trend of AI systems in the future, which should be clearly visible this year.

As for the plan for 2024, it is considered interesting. This is because the company expects total revenue to grow in 2024 at a double-digit rate (Double-Digit) and plans to apply for a large government job of around 1 billion baht next May. Includes the expansion of 2 more branches in the North East region. There will be a total of 5 branches this year to support the North East region. which is an area with the area and population of most schools It has also increased the proportion of customers from both the government and the private sectors to 50:50 according to this year’s growth. In addition, there is a backlog of about 440 million baht, which is expected to be almost completely fulfilled this year.

In addition, the company not only has strong growth, the company still has a very strong financial position. The company has a gross profit margin of 23%, which is higher than those in the same industry. It has a debt-to-equity ratio (D/E Ratio) of just 0.77 times and a debt-to-interest ratio of just 0.08 times As a result, it is almost a debt-free company. Because the company makes products to order. Deposits can be deposited and distributed. As a result, the company can reduce stocks and various outstanding balances. and no borrowing from financial institutions

“I want investors to be confident that you will get a valuable return. With the payment of not less than 40 shares% of the net profit of the separate financial statements After deducting income tax and deducting legal reserve Because we still have many opportunities to grow with investors. Because we have been a major trading partner of the country for a long time. Therefore, you can be confident of our continued support. There are many other things we are going to do for education and the Thai people. Please stay tuned and grow with us.” Mr. Panuwat say

In addition to the main business There are other projects. which creates power for young Thai athletes as “Supreme Volleyball Club Chonburi-E.Tech” which promotes volleyball to the Thai people. There are both famous athletes and new athletes that the company “supporting and giving importance to children and education. It is not only in school. It also includes sports. It can truly be said that this is the stock behind Thai education and youth.” .