Harn Engineering Solutions Public Company Limited Logo

Harn Engineering Solutions Public Company Limited

HARN.BK

(3.0)
Stock Price

2,08 THB

6.87% ROA

6.98% ROE

12.98x PER

Market Cap.

1.239.140.000,00 THB

8.5% DER

7.08% Yield

7.92% NPM

Harn Engineering Solutions Public Company Limited Stock Analysis

Harn Engineering Solutions Public Company Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Harn Engineering Solutions Public Company Limited Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.96x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a minimal amount of debt (6%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Dividend

Shareholders can rely on the company's remarkable dividend history, consistently paying dividends for the past five years, demonstrating a steadfast dedication to rewarding investors.

4 ROE

The stock's ROE falls within an average range (7.73%), demonstrating satisfactory profitability and efficiency in utilizing shareholders' equity.

5 ROA

The stock's ROA (7.59%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

6 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Net Profit Growth

With continuous net profit growth in the past three years, this company demonstrates a strong financial performance, making it an enticing investment opportunity.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

9 Buffet Intrinsic Value

The company's stock presents an enticing opportunity as it appears undervalued (26) by Warren Buffett's formula, indicating that its intrinsic value exceeds the market price.

10 Assets Growth

Company has experienced no growth in revenue over the past three years, suggesting limited profitability and making it a less desirable investment opportunity.

11 Dividend Growth

Potential investors should be aware that the company's dividend growth has shown no upward trend in the past three years, indicating limited potential for increased returns.

Harn Engineering Solutions Public Company Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Harn Engineering Solutions Public Company Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Harn Engineering Solutions Public Company Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Harn Engineering Solutions Public Company Limited Revenue
Year Revenue Growth
2012 493.681.692
2013 518.614.993 4.81%
2014 572.035.607 9.34%
2015 567.538.203 -0.79%
2016 645.517.000 12.08%
2017 1.285.965.000 49.8%
2018 1.344.266.689 4.34%
2019 1.366.883.200 1.65%
2020 1.152.325.576 -18.62%
2021 1.025.982.522 -12.31%
2022 1.219.661.109 15.88%
2023 1.361.720.284 10.43%
2023 1.299.621.290 -4.78%
2024 1.104.384.000 -17.68%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Harn Engineering Solutions Public Company Limited Research and Development Expenses
Year Research and Development Expenses Growth
2012 0
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Harn Engineering Solutions Public Company Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2012 36.994.388
2013 46.644.935 20.69%
2014 55.120.613 15.38%
2015 66.157.840 16.68%
2016 87.749.000 24.61%
2017 145.157.000 39.55%
2018 138.307.328 -4.95%
2019 140.780.321 1.76%
2020 137.288.080 -2.54%
2021 132.500.700 -3.61%
2022 141.824.544 6.57%
2023 154.898.468 8.44%
2023 158.832.219 2.48%
2024 134.004.000 -18.53%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Harn Engineering Solutions Public Company Limited EBITDA
Year EBITDA Growth
2012 77.749.236
2013 78.911.378 1.47%
2014 80.326.212 1.76%
2015 60.935.291 -31.82%
2016 57.864.000 -5.31%
2017 192.066.000 69.87%
2018 198.766.433 3.37%
2019 218.567.887 9.06%
2020 160.532.625 -36.15%
2021 136.375.187 -17.71%
2022 159.158.018 14.31%
2023 175.504.884 9.31%
2023 174.112.212 -0.8%
2024 102.556.000 -69.77%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Harn Engineering Solutions Public Company Limited Gross Profit
Year Gross Profit Growth
2012 138.847.269
2013 148.737.084 6.65%
2014 149.987.261 0.83%
2015 141.748.212 -5.81%
2016 157.905.000 10.23%
2017 380.925.000 58.55%
2018 413.038.915 7.78%
2019 418.190.744 1.23%
2020 353.049.431 -18.45%
2021 312.277.005 -13.06%
2022 346.404.939 9.85%
2023 404.094.164 14.28%
2023 391.013.471 -3.35%
2024 310.084.000 -26.1%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Harn Engineering Solutions Public Company Limited Net Profit
Year Net Profit Growth
2012 58.951.475
2013 61.160.319 3.61%
2014 60.605.193 -0.92%
2015 46.203.145 -31.17%
2016 40.531.000 -13.99%
2017 129.679.000 68.75%
2018 134.358.754 3.48%
2019 149.619.403 10.2%
2020 97.983.060 -52.7%
2021 72.271.139 -35.58%
2022 88.783.953 18.6%
2023 116.939.200 24.08%
2023 114.041.134 -2.54%
2024 72.376.000 -57.57%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Harn Engineering Solutions Public Company Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2012 2
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Harn Engineering Solutions Public Company Limited Free Cashflow
Year Free Cashflow Growth
2012 47.679.820
2013 52.086.696 8.46%
2014 49.400.765 -5.44%
2015 41.375.878 -19.4%
2016 9.497.000 -335.67%
2017 -11.487.000 182.68%
2018 151.556.052 107.58%
2019 143.757.143 -5.43%
2020 166.868.423 13.85%
2021 52.000.899 -220.9%
2022 84.755.671 38.65%
2023 36.724.239 -130.79%
2023 186.147.757 80.27%
2024 19.465.000 -856.32%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Harn Engineering Solutions Public Company Limited Operating Cashflow
Year Operating Cashflow Growth
2012 51.379.058
2013 56.131.435 8.47%
2014 62.792.201 10.61%
2015 50.345.490 -24.72%
2016 17.494.000 -187.79%
2017 107.136.000 83.67%
2018 163.441.120 34.45%
2019 150.996.413 -8.24%
2020 184.440.227 18.13%
2021 68.249.605 -170.24%
2022 91.979.798 25.8%
2023 39.755.381 -131.36%
2023 197.607.204 79.88%
2024 21.755.000 -808.33%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Harn Engineering Solutions Public Company Limited Capital Expenditure
Year Capital Expenditure Growth
2012 3.699.238
2013 4.044.738 8.54%
2014 13.391.435 69.8%
2015 8.969.611 -49.3%
2016 7.997.000 -12.16%
2017 118.623.000 93.26%
2018 11.885.068 -898.08%
2019 7.239.270 -64.17%
2020 17.571.804 58.8%
2021 16.248.706 -8.14%
2022 7.224.127 -124.92%
2023 3.031.142 -138.33%
2023 11.459.447 73.55%
2024 2.290.000 -400.41%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Harn Engineering Solutions Public Company Limited Equity
Year Equity Growth
2012 142.175.818
2013 175.711.138 19.09%
2014 460.527.758 61.85%
2015 451.797.536 -1.93%
2016 1.137.639.000 60.29%
2017 1.214.676.000 6.34%
2018 1.267.205.448 4.15%
2019 1.321.662.373 4.12%
2020 1.317.628.175 -0.31%
2021 1.318.533.389 0.07%
2022 1.348.624.719 2.23%
2023 1.355.234.384 0.49%
2023 1.383.179.969 2.02%
2024 1.328.833.000 -4.09%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Harn Engineering Solutions Public Company Limited Assets
Year Assets Growth
2012 242.032.817
2013 281.377.027 13.98%
2014 572.366.017 50.84%
2015 569.007.184 -0.59%
2016 1.379.851.000 58.76%
2017 1.457.342.000 5.32%
2018 1.548.586.461 5.89%
2019 1.596.297.525 2.99%
2020 1.657.457.575 3.69%
2021 1.685.723.301 1.68%
2022 1.783.103.322 5.46%
2023 1.717.463.486 -3.82%
2023 1.754.026.142 2.08%
2024 1.733.481.000 -1.19%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Harn Engineering Solutions Public Company Limited Liabilities
Year Liabilities Growth
2012 97.717.652
2013 105.665.889 7.52%
2014 111.838.258 5.52%
2015 117.209.647 4.58%
2016 242.212.000 51.61%
2017 242.666.000 0.19%
2018 281.381.013 13.76%
2019 274.635.152 -2.46%
2020 339.829.400 19.18%
2021 367.189.912 7.45%
2022 434.478.603 15.49%
2023 362.229.102 -19.95%
2023 370.846.173 2.32%
2024 404.648.000 8.35%

Harn Engineering Solutions Public Company Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
2.06
Net Income per Share
0.16
Price to Earning Ratio
12.98x
Price To Sales Ratio
1.03x
POCF Ratio
6.96
PFCF Ratio
7.38
Price to Book Ratio
0.93
EV to Sales
0.89
EV Over EBITDA
7.74
EV to Operating CashFlow
6.04
EV to FreeCashFlow
6.4
Earnings Yield
0.08
FreeCashFlow Yield
0.14
Market Cap
1,24 Bil.
Enterprise Value
1,08 Bil.
Graham Number
2.89
Graham NetNet
0.55

Income Statement Metrics

Net Income per Share
0.16
Income Quality
1.88
ROE
0.07
Return On Assets
0.06
Return On Capital Employed
0.07
Net Income per EBT
0.81
EBT Per Ebit
1.07
Ebit per Revenue
0.09
Effective Tax Rate
0.2

Margins

Sales, General, & Administrative to Revenue
0.13
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.29
Operating Profit Margin
0.09
Pretax Profit Margin
0.1
Net Profit Margin
0.08

Dividends

Dividend Yield
0.07
Dividend Yield %
7.08
Payout Ratio
0.92
Dividend Per Share
0.15

Operating Metrics

Operating Cashflow per Share
0.3
Free CashFlow per Share
0.29
Capex to Operating CashFlow
0.06
Capex to Revenue
0.01
Capex to Depreciation
0.36
Return on Invested Capital
0.06
Return on Tangible Assets
0.07
Days Sales Outstanding
82.68
Days Payables Outstanding
94.51
Days of Inventory on Hand
150.09
Receivables Turnover
4.41
Payables Turnover
3.86
Inventory Turnover
2.43
Capex per Share
0.02

Balance Sheet

Cash per Share
0,59
Book Value per Share
2,27
Tangible Book Value per Share
1.68
Shareholders Equity per Share
2.27
Interest Debt per Share
0.2
Debt to Equity
0.08
Debt to Assets
0.07
Net Debt to EBITDA
-1.18
Current Ratio
4.07
Tangible Asset Value
0,98 Bil.
Net Current Asset Value
0,57 Bil.
Invested Capital
1274588000
Working Capital
0,73 Bil.
Intangibles to Total Assets
0.2
Average Receivables
0,28 Bil.
Average Payables
0,22 Bil.
Average Inventory
347580500
Debt to Market Cap
0.09

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Harn Engineering Solutions Public Company Limited Dividends
Year Dividends Growth
2015 0
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2024 0 0%

Harn Engineering Solutions Public Company Limited Profile

About Harn Engineering Solutions Public Company Limited

Harn Engineering Solutions Public Company Limited engages in the wholesale, retail, repair, renting, leasing, contracting, and installation of fire protection systems and fire suppression agents in Thailand. The company offers sprinklers, fire hose cabinets, floor control valves, pump room, and fire extinguishers for fire protection and safety solutions; and compressors, unit coolers, controllers, inverters, condensing units, refrigerants, and fans for refrigeration, as well as cooling system controlling devices. It also provides air-conditioning and sanitary solutions, such as chillers, cooling towers, PICV, and air handling and fan coil units; and digital printing solutions, including coding and marking solutions, variable QR/2D coding solutions, digital color label press solutions, and after sales services, as well as 3D printers, software packages, scanners, and printing services. In addition, the company is involved in the trading of cold storage devices; and trading, repairing, and renting of printing equipment, as well as provides smart building business solutions. The company was formerly known as Fire Victor Public Company Limited and changed its name to Harn Engineering Solutions Public Company Limited in November 2016. Harn Engineering Solutions Public Company Limited was incorporated in 2001 and is headquartered in Bangkok, Thailand.

CEO
Mr. Thammanoon Tripetchr
Employee
0
Address
559 Soi Soonvijai 4
Bangkok, 10310

Harn Engineering Solutions Public Company Limited Executives & BODs

Harn Engineering Solutions Public Company Limited Executives & BODs
# Name Age
1 Mr. Thammanoon Tripetchr
Chief Executive Officer, Acting MD of Digital Printing System Business & Director
70
2 Ms. Varinkan Teraumranon
Chief Operating Officer
70
3 Mr. Rattanaphan Mukhariwattananon
Chief Marketing Officer of Fire Protection System Business, Air-conditioning System & Sanitary
70
4 Ms. Wasukan Boonmee
Company Secretary
70
5 Mr. Pracha Phromphornchai
Project Sales Director of Fire Protection System, Air-Conditioning System & Sanitary
70
6 Mr. Suchat Suwatnodom
Project Sales Director of Petrochemical- Fire Protection System, Air-conditioning System & Sanitary
70
7 Ms. Ananya Proyngoen
Accounting Manager
70
8 Mr. Wirat Sukchai
Acting MD of Refrigeration System Business & Director
70
9 Mr. Wisit Wachiralappaitoon
Chief Financial Officer
70
10 Mr. Sukit Litikorn
Engineering Support Director of Refrigeration System
70

Harn Engineering Solutions Public Company Limited Competitors